The New York Times is speechless? Well, yes, by its own admission it is. A recent NYT’s headline declared: “We Ran Out of Words to Describe How Good the Jobs Numbers Are.” From the article:
The real question in analyzing the May jobs numbers released Friday is whether there are enough synonyms for “good” in an online thesaurus to describe them adequately.
So, for example, “splendid” and “excellent” fit the bill. Those are the kinds of terms that are appropriate when the United States economy adds 223,000 jobs in a month, despite being nine years into an expansion, and when the unemployment rate falls to 3.8 percent, a new 18-year low.
So why isn’t praise being heaped upon President Trump for the “excellent” job numbers? CNBC apparently has the answer. Could it be because the job numbers might be bad news for one group: Democrats running in the midterm elections?
Most troubling for Democrats is that the biggest job gainers have been groups that have historically suffered from stubbornly high levels of unemployment, including younger workers, black workers and so-called marginally attached workers…
As Lisa De Pasquale on BRIGHT asks, why does Democrats’ success always seems to depend upon bad news for Americans?