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Big League Economics

Jobs Report Shows Booming Employment: Dems Call Growth ‘Reckless’

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Democrat leaders are continuing their hysteria after the June jobs report once again showed record-breaking numbers.

“With slow wage growth, rising health care premiums, and skyrocketing gas prices across the country, Donald Trump’s reckless policies are hurting millions of hardworking families,” said DNC Chair and former Secretary of Labor Tom Perez.

According to the Labor Department’s Bureau of Labor Statistics, 213,000 jobs were added in June. Overall, 155,576,000 people are now employed, which is the tenth record set by the Trump administration in that category. More than 27,000,000 Hispanics were employed in June, and the group’s 4.6% unemployment rate was the lowest it has ever been.

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All of this, according to Democrats, is “reckless.” Of course, they call it reckless because if Americans do not have to rely on the government to survive, then the Democrats have no worth or value as a party. This explains Perez’s panicked tone.

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“This is all part of the Republican playbook,” he said. “For decades, Republicans and their wealthy corporate allies have been chipping away at workers’ rights, weakening unions, and depressing wages – all while giving massive tax cuts to the top 1%.”

According to the same BLS statistics, wages have actually increased 2.7%, or 72 cents per hour over the course of this year. Perez must have missed that statistic. It also stands to reason that the “top 1%” will indeed receive the bulk of the tax cuts, considering that they pay a bulk of the taxes. It is a simple mathematical truism, and yet another mind-numbingly stupid leftist talking point.

It looks like the Democrats have their playbook in order, too.

“The June #JobsReport shows what is at stake from the brewing storm of rising health costs, spiraling trade uncertainty & an economy being hollowed out to enrich big corporations & the wealthiest 1 percent,” tweeted House Minority Leader Nancy Pelosi (D-CA). “Americans deserve better than the GOP’s raw deal.”

By the “top 1 percent,” Pelosi was talking about herself. She has a net worth of $26.4 million on a $175,000 annual salary. She has been a member of the House for many years, but not enough years to amass that much wealth. Where did all her wealth come from?

As usual, coastal elite Democrats have forgotten about middle America. They cannot relate, and do not care to relate, to any of the 266,000 people who will now have a steady paycheck thanks to the emphasis that Trump has placed on jobs during his Presidency.

 

 

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Big League Economics

Dairy Farmers Dump Thousands of Gallons of Milk Down the Drain as Economy Halts Due to Coronavirus

The economic disaster is beginning.

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Dairy farmers are being forced to dump thousands of gallons of milk down the drain due to the economic slowdown resulting from coronavirus fears.

The dairy industries of the United States and Canada are suffering mightily because of the coronavirus panic. Even as individuals are desperate to buy essential goods and stock up for a crisis, there is far too much supply for the moribund consumer markets.

John Walker of Walker Dairy Inc. in Ontario said that he has been jettisoning his milk supply since last week due to the economic crunch.

“There is just nowhere for it to go,” Walker said to CTV News London on Sunday. “Schools, restaurants, and even Tim Hortons’ amount of cream is down. Those are all things that have slowed down demand for our product right now.”

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“The dramatic changes in demand and the related challenges being felt throughout the supply chain have resulted in the need for the disposal of some raw milk, which is extremely unfortunate and difficult,” the Dairy Farmers of Canada (DFC) said in a statement released last week.

Nikki Boxler, who owns and operates the Boxler Dairy in Varysburg, New York, says that her small, family-owned dairy farm is in shambles.

“Watching your hard work literally go down the drain is heart-wrenching. The wasted product represents our livelihood and the massive amount of hard work that takes place year-round to produce it,” she said Sunday in a Facebook post.

Boxler believes that the dairy industry is suffering due to milk’s perishable nature. This is causing the industry to be “hit harder and earlier than other agricultural commodities” by her estimation.

One Wisconsin farmer was forced to dispose of an incredible 56,000 pounds of milk, citing restaurant closures as being particularly devastating to his farm.

“It’s really depressing,” said Mark Mueller, owner of Mueller Dairy Farm. “It’s like all your hard work just running down the drain.”

Wisconsin dairy farmers are asking for a bailout from the U.S. Department of Agriculture in order to stay afloat. They hope to receive the assistance through the Coronavirus Aid, Relief, and Economic Security Act or CARES Act until normalcy can be returned, if that is even possible at this point.

While alarmists like Dr. Fauci call for an open-ended shutdown of society to fight coronavirus, millions of lives are being destroyed due to the economic damage caused by the government overreach. The dairy industry is the canary in the coalmine, and the rest of the market is likely to follow.

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