I’ve often said, ‘You can’t hate the ‘mainstream media’ enough,’ and that is still true. In fact, it keeps getting even more accurate in the age of President Donald Trump. Despite the fact that he’s the most accessible president in generations and is the polar opposite of Autopen Joe Biden who slept through most of his term, the garbage corporate media can’t help but blast Trump daily for any and every little thing they can spin.
Especially when the news about Trump is actually good, which happens a lot. Like today.
You can forgive yourself if a) you didn’t know that jobless claims just hit a historic low not seen since the days of Richard Nixon’s first term, and b) this is actually a good thing (because the media is spinning it as ‘a really bad thing’).“Yeah, jobless claims are way down BUT…”“Good jobs report, BUT most economists warn…”
And so on. But it’s not bad news, as even ABC News had to admit:
The number of Americans filing for unemployment benefits tumbled to their lowest level more than 50 years last week despite a number of economic headwinds including the war in Iran.
U.S. jobless aid applications for the week ending April 25 fell by 26,000 to 189,000, down from the previous week’s 215,000, the Labor Department reported Thursday. That’s well below the 214,000 new applications analysts surveyed by the data firm FactSet were expecting.
Filings for unemployment benefits are considered a proxy for U.S. layoffs and are close to a real-time indicator of the health of the job market.The network also quantified this report thusly:
According to High Frequency Economics, this week’s number for new jobless aid applications was the fewest since September of 1969.
