Job Growth Surges with 177,000 Jobs Added in April
The U.S. added 177,000 jobs in April, surpassing the projected number of 133,000. I guess the experts don’t always get it right! Unemployment remained steady at 4.2%.
Many Trump critics online were quick to point out that this is before the tariffs have really kicked in, and comes within the context of a projected negative GDP growth for the last quarter.
We at the Right-Wing Populist in office, but there’s a good chance that last quarter’s GDP will be revised upward. We’ll see. Regardless, it’s good to see that job growth in the United States has been booming since Trump took office.
Trump is trying to shift the U.S. economy from a service-based model to a production-based one. He plans to do this by creating incentives for companies to build auto plants and other manufacturing facilities in the United States—and to bring those jobs with them. His approach focuses on reducing regulatory burdens and maintaining low business taxes so that companies can avoid tariffs by producing goods domestically. This strategy combines tariffs with economic incentives like low taxes and fewer regulations—that’s the proper way to use tariffs.
The wrong way, as advocated by Bernie Sanders, is to impose large tariffs while also maintaining high domestic taxes and strict regulations. That approach can lead to higher prices. In contrast, Trump’s method has the potential to spark an industrial boom in the United States.
