CNBC’s Jim Cramer just delivered liberals a tough pill to swallow:
Whether you love President Trump or hate him, there’s no denying that we’re living in the best labor market in over a generation!
“You can’t contradict that these are the best numbers of our lives. You can’t…It doesn’t matter whether you hate him or like him, these are real numbers. This is the best number I’ve ever seen in my life.”
Cramer's comments came in response to the stunning job report just released, which revealed that underneath the Trump administration:
- 266,000 new jobs were added to the economy in November alone
- Unemployment is now at its lowest level in 50 years
- Hourly wages are up 3% from 2018
Check it out:
Watch the clip of Cramer's praise of the Trump economy here:
Here's more from CNBC:
“You can’t contradict that these are the best numbers of our lives. You can’t,” Cramer, 64, said following the government report showing the U.S. economy created a better-than-expected 266,000 nonfarm jobs in November, with the unemployment rate dipping to 3.5%, matching a 50-year low. Economists had expected the jobless rate to hold steady at 3.6% last month.
“People don’t want to say good things” about the economy, said Cramer, echoing comments he made Thursday evening on “Mad Money,” telling investors: “Don’t let the armageddonists and the negativists and the hucksters scare you away from owning stocks.”
Referring to Trump, Cramer said Friday on “Squawk Box,” shortly after the jobs report was released, “It doesn’t matter whether you hate him or like him, these are real numbers.”
“This is the best number I’ve ever seen in my life,” Cramer said, zeroing in on the unemployment rate. “Fifty years ago, that number was a curse. Now it’s a blessing.” He added, “I don’t see inflation. I don’t see recession.”
Cramer said the strong U.S. job market is going to allow America to win the trade war with China. “The president can walk away from the table with this number.” He added: “In the end, the Chinese are going to have to put jobs here.”
The Washington Examiner also said:
CNBC host Jim Cramer lauded the recent November jobs report showing the United States could walk away with any trade talks with China because of how well the U.S. economy is doing.
"People don’t want to say good things, and this is the best number I’ve ever seen in my life," Cramer said on Friday about the report. Federal data showed the U.S. economy added 266,000 jobs and that unemployment dropped to 3.5%.
Cramer claimed the jobs numbers would have to get even better because the U.S. would win the trade war with China. "When we win the trade war, which you know that we're going to win, now, because we have the better numbers, then they’re gonna have to put jobs here," he said. "That's what they're going to have to do. We aren't even talking about that yet. In the end, the Chinese are going to have to put jobs here."