Many charter members of our nation’s core of blow-dried and blathering commentators are blaming last week's blue tsunami in the midterm elections on a supposedly bad Trump economy. Voters are entitled to their frustrations over high prices. But the data continue to tell a very different story about the underlying strength of Trumpnomics.
Exhibit A: Friday's blowout October jobs report. Employers created 165,000 jobs against Wall Street's expectation of just 65,000—more than two and a half times the forecast. Unemployment fell from 4.2 percent to 4.1 percent even as labor-force participation climbed to 61.9 percent.
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