this morning the u.s. jobs reports are passing expectations, but is that bad news for a president who wants the fed to cut interest rates? joining me now is peter navarro, director for white house office of trade and manufacturing policy. mr. navarro, thanks very hutch for joining. let s start with those job numbers, certainly good numbers. 225,000, above expectations particularly after a slow may. in your view does that take away the case for the fed to cut interest rates? i love the fact 17,000 of those were manufacturing, and like 6 million jobs to date, one of the things that i love is that we re getting people back into the labor force. we ve got over a million now workers in prime age back into the work force, labor force with participation rates going up. yesterday the parade i was at, well, everyone was watching these incredible planes and tanks and everything like that. what i saw was jobs.