The American Economy Is the Envy of the World

5/3/19
 
   < < Go Back
 
from Rush Limbaugh,
5/3/19:

RUSH: The United States is now the envy of the world. And make no mistake about it, for all the Ilhan Omars and all of the Rashida Tlaibs and all of the Democrats who are trying to make hay out of what a problem in the world the United States is and how the United States is to blame for Venezuela, the United States is to blame for whatever, the United States is the envy of the world.

Unemployment is the lowest it has been since 1969 — that is 49 years — at 3.6%. This report is so good that the Drive-Bys can’t spin it. It was funny. CNN tried in a couple of ways earlier today to spin it, but their hearts were not in it. Not even they could pull this off. A number of other Drive-By Media operations have been trying to.

Let me tell you how good this is. And in a way, this is going to be a bit of a messaging challenge. The last time the unemployment rate was this low, most Americans had not been born. Do you remember the story we had earlier this week — it might have been late last week — from a Millennial complaining that they had never known and do not know prosperity?

While they’re living in the midst of it, they do not know it, they think. “We don’t know what prosperity is. We keep hearing about these great roaring economies of the past, but we weren’t even born.”

And they’re living in it! They are smack dab in the middle of it but that’s not what they think because they’re being lied to by Ilhan Omar and the rest of the Democrat Party, the Democrat National Committee presidential nominees and the Drive-By Media. But this is inescapable now. This is a hell of a stat.

The last time the unemployment rate was this low, most Americans were not even born: 3.6%. That’s as low as it has been since December 1969.

Do you know what the hourly wage has hit? It’s $27.77, is the average hourly wage in the U.S. economy.

Meanwhile, the Democrats are running around demanding a minimum wage of $15, and yet in the private sector where there aren’t any Democrat (to speak of) massive wage controls, the wage per hour is also at an all-time high. The stock market is going crazy, as you might expect. We have 263,000 new jobs in America and… Folks, this is remarkable. You know, every day we get some snippet of economic news that blows the doors off all previous records.

So all you leftists out there screaming and demanding for government-mandated $15-per-hour wages? The free market is almost doubling it! Every single Democrat presidential candidate has trashed this economy and has offered policies that will turn all of these numbers around and negative. They have nowhere to go on the economy. It is so good

Had Hillary Clinton been elected, we wouldn’t be talking about this economy this way.

We would still be talking about an economic decline and how the Democrats are the people to manage that, and you’d be told to lower your expectations. “Yeah, 1% economic growth? That’s about right, because that’s about fair, because the rest of the world isn’t the growing, and it’s not fair that we grow so much faster. So this is fair, this is equitable, this is equal,” we would be hearing, and you would be told and you’d be giving counsel how to adjust to the new era where the United States economy is no longer going to be the envy of the world.“It’s not going to be the leading economy of the world, because those days are over and we never should have experienced them in the first place.” That’s what you would be hearing right now if Hillary Clinton had won. (chuckles) You’d be so depressed that the economic news would long ago have ceased to be (sigh) a thing you pay attention to.

this economy can continue to grow and knows no bound.

More From Rush Limbaugh (subscription required):

More From Rush Limbaugh (subscription required):