President Obama was stunned to see Donald Trump succeed him in 2017.
The Democrat has since had to watch Trump erase his legacy bit by bit over the past two years.
And now, Obama is spitting mad at this game-changing report which will leave his legacy in the dustbin of history.
President Obama was perhaps the most surprised person on Earth to see Donald Trump beat Hillary Clinton in the 2016 election.
After grooming Clinton to succeed him and continue his agenda in the White House, Obama instead had to hand over power to Donald Trump, and watch him overturn much of his agenda.
Over the past two years, Trump has erased much of Obama’s legacy, paving it over with his own.
And this game-changing report now cements that fact, and has Obama furious about how he will be remembered in the White House.
Reuters reports, “The number of Americans filing applications for unemployment benefits fell to more than a 49-year low last week.”
“If you’re looking for good news on the economy, look no further than the labor market,” said Jim Baird, chief investment officer at Plante Moran Financial Advisors in Kalamazoo, Michigan. “Growth may be slowing, but the overall picture for workers and those seeking work remains quite positive.”
The news comes at a great time for President Trump, who had to deal with worries that the economy may be slowing down late last year, over fears of a trade war with China and news that the Federal Reserve intended to raise interest rates once again.
The data is a masterpiece for President Trump’s agenda, and serves as a stunning rebuke of the horrific recovery the United States experienced under President Obama.
According to the Department of Labor, “Initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 199,000 for the week ended Jan. 19, the lowest level since mid-November in 1969 when 197,000 applications were recorded.”
These job numbers could serve to give President Trump a much-needed boost as he prepares to face down Democrats in 2020 for re-election to another four-year term in office.
Trump will rely heavily on the strong economy to make the case for his own re-election bid.
And with jobless claims at their lowest levels since 1969, Trump already has material to work with as he crafts his re-election message.
That’s nearly 50 years of progress.
Trump has even more news to celebrate, which continues to rain on Obama’s parade.
Reuters also reports that, “The jobless rate rose two-tenths of a percentage point to 3.9 percent in December as strong labor market conditions attracted some unemployed people back into the labor force.”
With unemployment at historic lows, and jobless claims at a low not seen since in nearly half a century, President Trump’s economic message could help propel him to victory over whoever the Democrats nominate in 2020 to defeat him.
Do you think the latest reports on the economy are good news for Trump?
Let us know your thoughts in the comments section below.
