{"id":275331,"date":"2018-06-01T16:25:00","date_gmt":"2018-06-01T20:25:00","guid":{"rendered":"https:\/\/admin.rushlimbaugh.com\/?p=275331"},"modified":"2018-06-04T16:07:24","modified_gmt":"2018-06-04T20:07:24","slug":"the-trump-economy-story-of-the-decade","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2018\/06\/01\/the-trump-economy-story-of-the-decade\/","title":{"rendered":"The Trump Economy: Story of the Decade"},"content":{"rendered":"

RUSH: You know this new Ben Rhodes book<\/a> where Obama\u2019s riding around a limousine in Peru after the election saying, “Gee, what if we were wrong?” Ben Rhodes actually wrote in this book quoting Obama, “I\u2019ve got Trump set up well for the economy. I\u2019ve got Trump set up…” Obama wouldn\u2019t know this kind of economy if it slapped him in the ears! Wait a minute. Is that promoting violence? Are they gonna come after me for hate speech on that?<\/p>\n

\"\"Greetings, my friends. Open Line Friday. Rush Limbaugh. When we get to the phones in a couple of hours — I\u2019m just kidding — you can talk about whatever you want to talk about. Telephone number is 800-282-2882. The email address, ElRushbo@eibnet.us. “I\u2019ve got the economy set up well for Trump.” What an absolute… These people are stepping in it! Here comes Rhodes with his book on Obama and they think that they\u2019re gonna (chuckling) set Trump up well for the…? ‘Cause you know what?<\/p>\n

This book has been written over the course of many months and these people in the Obama world start out thinking Trump\u2019s a disaster, things are gonna blow up, they\u2019re gonna get rid of Trump. They write their books on that premise, and Trump is just… I mean, he\u2019s setting things on fire here. The economy is on fire. Even the Drive-By Media. Look at this headline the New York Times: “We\u2019ve Run Out of Words to Describe How Good the Jobs Numbers Are.<\/a>” The New York Times. Obama: “I\u2019ve set the economy up well for…” (laughing) I just love it.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

Now, the economy. Folks, this is stunning what is happening in our country. And it is doubly stunning to see how the media is doing everything it can to ignore it, but they are failing. The jobs numbers are so good — the unemployment number is so good — that they can\u2019t ignore it. So what they\u2019re doing… Trump today tweeted in advance of the jobs numbers coming out, and so the Drive-Bys and everybody on the left wants to put Trump in jail for this because this is supposedly against the law.<\/p>\n

Members of the regime, members of the administration cannot do this. It is considered to be insider trading. For example, if you\u2019re the president, you know that the job numbers are gonna be kick-ass, and you give a little heads-up warning before they\u2019re released, it could be said that you are sending a signal to people to get in the market, start buying, because the numbers are gonna be good, and this is supposedly illegal or unethical — and it just isn\u2019t done!<\/p>\n

“It just isn\u2019t done!”<\/p>\n

That seems to be a never-ending refrain for everybody in the Washington establishment talking about Trump: “It just isn\u2019t done! We just don\u2019t do it this way.” So that\u2019s all they\u2019ve got is to suggest here that Trump has broken the law or has violated a sacrosanct convention. But no matter how hard they try, they cannot drown out or obliterate the news. The United States added 223,000 jobs in May, beating expectations. The so-called experts were forecasting in the high 180,000s. Jobs were added all across the employment sector.<\/p>\n

\"\"Manufacturing added 18,000 jobs. Obama said these are jobs that are never coming back. Remember Obama was out at Carrier? Yeah, I think it was Carrier, maybe Caterpillar. We\u2019ve got the sound bites. It\u2019s coming up. Somebody stood up and asked about manufacturing jobs, and Obama said (impression), “Well, there\u2019s a guy out there talking — and I don\u2019t want to mention his name because I don\u2019t want to promote him” i.e., Trump “who\u2019s telling you these jobs are coming back.<\/p>\n

“I\u2019m here to tell you, they\u2019re not! Somebody has gotta be honest with you, and that\u2019s me, and they\u2019re not comin\u2019 back.” They\u2019re coming back, and they are roaring back. You know what else? Retail jobs: 31,000 new retail jobs. Everybody\u2019s out there talking about how retail is dying because of the internet. Well, 31,000 retail jobs. Construction grew by 25,000 new jobs. The mining sector — which both Obama and Hillary promised to put out of business.<\/p>\n

There are 6,000 new jobs in the mining sector. The service sector of our economy, service providers: 171,000 new jobs in May. Unemployment, 3.8%. That\u2019s the lowest since George W. Bush was in… Actually, it\u2019s early 2000. Bush assumed office in early 2001, and he had– in the early days of his administration — a low unemployment rate. Then 9\/11 happened, and bottom fell out. But that\u2019s how far you have to go back. You have to go back 18, 19 years to find unemployment this low, 3.8%. I have to tell you, this is considered statistically full employment.<\/p>\n

And what that means is that when you get 3.8% of the people unemployed, those are the people that maybe don\u2019t want to work or unemployable because it\u2019s not logical to think that everybody in America could have a job. Unless, of course, you work for Bernie Sanders, who wants to have the federal government hire everybody. Oh! And speaking of that. Donald Trump has cut the federal payroll by 24,000 jobs. That is another branch of draining the swamp that he is succeeding at.<\/p>\n

Federal jobs, the federal payroll is down 24,000 jobs. I\u2019m not kidding. Bernie Sanders is campaigning on the premise that everybody should be given a job — and when we run out of jobs in the private sector, we\u2019re gonna have the government hires those who haven\u2019t found a job elsewhere. It\u2019s a nonstarter. It doesn\u2019t have a prayer of working. Which is why the Democrats are gonna get behind it 100% because they believe that the American people have become a bunch of slothful deadbeats and will react favorably to anything being given to them.<\/p>\n

\"\"And, sadly, there are a lot of Americans who have been conditioned just that way by our education system and the Democrat Party. Black unemployment has hit another record low. It\u2019s at 5.9%. And, folks, for the first time ever, black unemployment is under 6%. Now, I was gonna come in mere and tell you that that news using satire and parody. And then I grabbed myself by the shoulders, and I shook myself, and I said, “Don\u2019t do it, because there are people out there listening just waiting to take you out of context about race and run with it.”<\/p>\n

So I\u2019m just straight reporting. Black unemployment hits record low, 5.9%, first time ever under 6%. Now, what I was gonna say… I\u2019ll go ahead and tell you what I was gonna say, \u2019cause I\u2019ve noticed it. Conservatives everywhere are celebrating this. Conservatives everywhere are celebrating the low black unemployment rate! They\u2019re happy as they can be about it! Conservative publications, right-leaning publications are trumpeting historic low numbers for black unemployment. But yet I thought conservatives didn\u2019t like minorities.<\/p>\n

Asian and Hispanic unemployment numbers are low too. Shouldn\u2019t that make conservatives mad? I mean, this is what the left tells us. The left tells us conservatives… In California, Google has now used “Nazism”<\/a> as one of the descriptions for Republicans. If you look up a Republican, a candidate or otherwise in California and you use Google and Wikipedia, you will find “Nazism” as one of the descriptions. Google has since apologized said, “Well, that\u2019s — that\u2019s… I don\u2019t know how that got in there. We\u2019ll, uh, make sure, uh, that\u2019s removed. Uh, we don\u2019t — don\u2019t know how that got in there.”<\/p>\n

Don\u2019t know how to get in there? I think they know exactly how it got in there because that\u2019s exactly what they think, which is the point here. Conservatives are celebrating all of this economic news, and especially the great employment news for African-Americans and other minorities. But conservatives celebrating good things happening to minorities? Why, that doesn\u2019t fit the left\u2019s narrative. Nah, the left\u2019s narrative is we\u2019re a bunch of racists and bigots and we don\u2019t like this at all.<\/p>\n

But I wasn\u2019t gonna run the risk of parodying this because I know there are people out there just waiting to cut up what I just said and make it sound like that\u2019s what I think. They\u2019re doing it each and every day. But the point is we\u2019re seeing a lot of excitement for historic improvements in minority unemployment numbers. The unemployment rate for men over 16 is 3.9%! Guess what it is for women, another group Republicans supposedly hate. It\u2019s 3.6%.<\/p>\n

I haven\u2019t seen conservative men complaining about that, either. I haven\u2019t seen any conservatives complaining about any of the good news on jobs for African-Americans, minorities, and women! Yet we\u2019re sexist bigots, right? Ha-ha. Remember we were told Obama\u2019s presidency was the most historic ever? I don\u2019t think so. Not in the way they all intended and meant it to be. Folks, this is so solid, this is un… Well, I predicted it. We have the sound bite where I did so. But that\u2019s not the point.<\/p>\n

In any other climate, in any other atmosphere, this would be leading every cable newscast, and everybody would be happy about it, because this is restoring America\u2019s wealth. Exactly one of the many things Trump said that he was gonna do. Make America rich again, “Make America Great Again.” You know the refrain. He talked endlessly of restoring America\u2019s wealth, and here it is happening. This is the story of the decade. My friends, Barack Obama…<\/p>\n

\"\"I\u2019m not making this up. Barack Obama literally for eight years tried to tell people that our best days were behind us; that we had to get used to a new normal. You remember this. It was probably very likely that we were finished with the days where kids could routinely be expected to do better economically than their parents. And the reason for this, Obama said, was that all of this great economic history in this country was not all that deserved.<\/p>\n

Our founding was unjust and immoral. We have stolen many of the resources you discussed we have from other nations and people around the world. It was time we were deemphasized as a world power, time we were cut down to size, time that we got a taste of what it\u2019s like to live elsewhere in the world. Obama was to be the steward, and then Hillary was to be the stewardess and continue all of this. Along comes Donald Trump in 2015 and says, “There\u2019s no way. There is no way.<\/p>\n

“We\u2019re gonna restore it. We\u2019re gonna make America great again. We\u2019re gonna make America rich again. We\u2019re gonna put people back to work again. We\u2019re gonna bring jobs home,” and all of this has happened in a year and a half. And this is more evidence that this economy has many things in place to help it continue to get stronger. It\u2019s the story of the decade: How one guy came into the White House from outside the ruling class environs, enacted free-market, common-sense reforms, flipped the economy on its head in a year. This is not the president that all of these experts in the media and the establishment wanted or expected. They\u2019re flabbergasted.<\/p>\n

“We\u2019ve Run Out of Words to Describe How Good the Jobs Numbers Are.”<\/p>\n

New York Times.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Okay. Listen to this. Obama, Indiana, June 1st, PBS special, questions for Obama<\/a>. “What about the jobs we\u2019ve lost? Are they coming back, Mr. President?”<\/p>\n