SUPERB – AT 11:48 A.M. ET:  The economic signs are getting stronger, especially in employment, something real people, as opposed to liberals, feel every day.  From Bloomberg: 

U.S. filings for unemployment benefits unexpectedly fell last week to the lowest level since January 1973, further evidence that the labor market remains tight, Labor Department figures showed Thursday.

Claims at the lowest level in 45 years underscore a persistent shortage of qualified workers that has made employers reluctant to fire staff. Applications for jobless benefits below the 300,000 tally are typically considered consistent with a healthy labor market.

Other aspects of the job market remain robust, with payrolls continuing to exceed expectations and an unemployment rate near the lowest since late 2000. Steady employment will help to sustain consumer spending, the biggest part of the economy.

The report reflects the annual revision to seasonal adjustment factors for initial and continuing claims from 2013 to present.

COMMENT:  Last week's application number fell to about 230,000.  The employment picture is robust, although the media will now go to work to prove it ain't so. 

This situation, however, does not guarantee a Republican victory in the midterms.  Many factors go into how people vote.  The year 2000, under Clinton, was also a good economic year, but a Republican, George W. Bush, squeezed by to win the presidency.

There is talk in Washington of another tax cut.  Bring it on.

March 29,  2018