Displaying items by tag: midterms elections

The title of this column starts with "Trump's midterm". That is what it is. He told us often that the election is about him. He deserves credit. He deserves blame. He is the dominant figure on stage and those winning or losing deserve the supporting awards, nothing more.

For now, other than Mississippi, the midterms voting is essentially history. As I write this column, the Republicans have kept the US Senate and will likely pick up some highly-coveted seats, adding to its majority. The Democrats finally have a seat at the table. No longer can President Trump and the Republicans in Congress railroad legislation without hearings as they did over the past two years. And, of course, there are those investigations that were clearly throttled by Trump, Nunes and other House Chairmen.

The U.S. economy is the strongest in the world and it shows no signs of slowing down. Today, another incredible economic report was released as the September unemployment rate dropped to 3.7%, the lowest since 1969. Among Hispanics and Latinos, the unemployment rate was only 4.5%, the all-time lowest level in history, while among African Americans, the unemployment rate was 6.0%, near the record low.

Not only are people finding work, but wages are increasing. In September, salaries were raised an average of 2.8%, while the typical work week remained steady at 34.5 hours.