Exclusive — Treasury’s Monica Crowley on the Explosive Trump Economy Success: ‘Boom!’
December 8, 2019 in News by RBN Staff
source: www.breitbart.com
by MATTHEW BOYLE
Assistant Secretary of Public Affairs at the U.S. Treasury Department Monica Crowley told Breitbart News that President Donald Trump’s “economic freedom agenda” has sparked the highly successful economic growth that has now led to the lowest unemployment rate in half a century.
This past week, the administration announced that unemployment has fallen to 3.5 percent—the lowest since 1969—after a November jobs surge of 266,000 jobs created last month, numbers that blew away expectations.
“Boom! These jobs numbers are absolutely incredible and breathtaking in the number of jobs being created and as you point out the historically low unemployment rate across the board,” Crowley said in reaction to these statistics in an appearance on Breitbart News Saturday on SiriusXM 125 the Patriot Channel this weekend. “What it shows is President Trump’s economic freedom agenda is working, literally working, as a record number of Americans are in the workforce and unemployment is at a 50-year low. Unemployment among key groups—African-Americans, Hispanic Americans, Asian Americans, and women—are at or near all-time lows. The jobs being created, unlike previous years under previous presidents, many of these jobs are career-track jobs. When the opponents of the president claim these aren’t real jobs, or they’re temporary jobs or they’re go-nowhere jobs, that is fundamentally untrue. What we saw in the November jobs report is 266,000 jobs created smashing every expectation that we saw, and the previous two jobs numbers from October and September—those jobs numbers were revised up.”
What’s more, Crowley noted, is that since Trump defeated Democrat Hillary Rodham Clinton in November 2016, the U.S. economy has created more than 7 million new jobs—greater than last year’s population of the entire state of Massachusetts—and millions more than the experts expected.
“Since the president’s election in November 2016, the economy has added more than 7 million jobs,” Crowley said. “This is more than the entire population of Massachusetts last year. It’s also 5.1 million more jobs than the Congressional Budget Office, CBO, projected in its final forecast before the 2016 election. What it shows is common sense economic policies based on freedom work. Tax cuts, deregulation, unleashing the energy sector, and trying to realign international trade—all of which this president promised during the campaign, all of which he has delivered. That, in turn, is delivering us this incredible economy.”