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The economy added 1. 4 million jobs last month. We have added a recordsetting 10. 6 million jobs this may. 10. 6 million jobs since may. That is a record, it is not even close. Secondplace is a long ways away. In july the cbo was protecting projecting unemployment over 10. 5 through the end of 2020. They thought 2020 would be a lot longer than that. Some projections where you go through the entire year and that includes a lot of months and the following year, 2021. Instead the Unemployment Rate plunged, really to the surprise of many, all the way down to 8. 4 in august. That is the second largest single month decline on record. We have the first. Have both of them. We have the two number one declines. Decline meaning positive, not negative. We are witnessing the fastest labor Market Recovery from an economic crisis in history. World history. By contrast, biden presided ov ....
Moreyou have got one georgia seat with im having a pres. Trump labor day. That was a very special time i had speaking to some of the labor union heads and other people. They are very happy with the way things are going, as you have probably seen the numbers are terrific. So we called some people, wished him a very happy labor day. They told us how they are doing and we celebrate the American Worker. We are in the midst of the fastest economic recovery in u. S. History. So we have a lot to be thankful for, including this beautiful day. I thought we would do this outside as opposed to in your more normal place. The United States experienced the smallest contraction of any major western nation. You probably know that. You look around and see how we are doing compared to every our rise is and spectacular. We are rebounding much more quickly from the pandemic. The economy added 1. ....
Half it or so ago for his last book and this time we have him here virtually from his home and were going to talk about his new book about the 1948 election so were going back 72 years to another Election Year and youre going to be amazed at how similar it sounds in some ways, in other ways its different but in some ways, the politicians were all younger than they were today so thats one big difference but aj, take it away and tell us about the overview of the book. Just a very good read by the way. I want to say a couple of things first. Thank you so much for having me. The Commonwealth Club is a wonderful place to be and a lot of people are going through a lot of pain and suffering. For myself, im reminded why i fell in love with reading when i was six years old because bookscan transport you to another time and place and during all of this thats been a blessing. Regardin ....
Freemarket economics in judeochristian principles. During this session several members of the House Freedom caucus discussed u. S. China relations and how it impacts their districts. Welcome back to the center. We had an actionpacked day. You are about ready to see the best of the best. These are the heroes in congress from Freedom Caucus and the conservative caucus. My good friends up in d. C. Still fighting the fight, that we are still china today and on going to go one by one. We have three panels of four u. S. Congressman so we are honored to have all of you here today, and lets just start off with brian babin from texas, and bryant, im going to leadoff with the other brothers from congress who can do this in the back room, hello, brothers back there, and sisters. I can hear you in the back room. They are all my friends. Con babbitt, want to ask you all kinds of first hurd ....
Deal and its official the u. S. And china have their phase one trade deal but this is just the beginning of law a long negotiation process theres a lot to break down here and were excited to have Richard Wolfe both of economic update on here to help us cut through the slopes and dig through the details. And while we have seen a breakthrough on the play front the tension is still present in the tech sector and the race but we take a look at the latest battleground in the telecom fight taking place in the United Kingdom so much to get to and sell little time lets go. Despite this touted as a quote a landmark signing of phase one between president and vice premier and they all the markets are still on enthused phase one has pretty much been priced into the market already so if anything additional detail starts to take the steam out of the rally and it came of the surprise that ex ....