::THE SLICE REPORT WITH MONA AUSTIN

  The Westin Washington, D.C. Downtown Washington, D.C.   1:15 P.M. EDT   THE PRESIDENT:  Hello, hello, hello.  (Applause.)  Thank you, David.  In my household, we refer to David as the Washington Monument.  (Laughter.)  He’s been a friend a long time -- a long time.  And not only thank you for the introduction, David, but thank you for your friendship.    And thank you all for being here and allowing me to be here.    Yesterday was an important day for the county, in my view.  Two and a half years after the Federal Reserve began raising interest rates, it announced that it would begin lowering interest rates.   I think it’s good news for consumers, and it means the cost of buying a home, a car, and so much more will be going down.  And it’s good news, in my view, for the overall economy, because lower borrowing costs will support economic growth.    And it’s an important signal from the Fed- ...

By Mona Austin Pres. Trump answered the storm of recent negative press by sharing positive news on the U.S. economy Thursday morning.  As millions of American workers return to work he said,  "Our economy is roaring back. It's coming back extremely strong.  We have some areas where we're putting out the flames or the fires, and that's working out well.  We're working very closely with governors, and I think it's working out very well."  The June jobs report was a giant leap forward in hiring.  Setting a historic record, there were 4.8 million jobs added, far exceeding the 3 million estimated.   In April employment slumped at a rate of 14.7.  Then by May job numbers recovered, a sign that the government sponsored stimulus  checks had worked to keep the economy from crashing. By June the unemployment rate was 11.1%, setting a historic record.  All the numbers are to celebratory. The Black unemployment rate  dropped to 1...

President Trump’s policies are driving an economic resurgence that is bringing back American manufacturing and boosting economic opportunity for American workers. WASHINGTON EXAMINER: Trump Smashes Regs, Cuts $33 Billion vs. $245 Billion Added by Obama “President Trump’s promise to cut Obama-era regulations has gone into overdrive, with the slashing generating $33 billion in savings, far more than expected. A new report from the White House budget office said that $23 billion in savings has occurred this year alone, with the total at $33 billion since the president took office.” THE WALL STREET JOURNAL: U.S. Manufacturing Capacity Increases for 16th Month in a Row “U.S. manufacturers increased their capacity for the 16th straight month in September, fresh evidence that a strengthening economy is helping to propel a U.S. industrial rebound. The Trump Administration has prioritized increasing manufacturing investment in the U.S. with tax cuts and tariffs on a range of im...

buzzz worthy. . . This Labor Day, the employment situation on America is leaves room for great improvement.  White jobs are on the rise, wage growth is slow. The U.S.  Department of Labor and Statistics has summarized the employment situation coming out of the month of August as follows: The economy added 151,000 jobs in August, as the unemployment rate and labor force participation both held steady. The economy added 151,000 jobs in August following robust job growth in both June and July as the unemployment rate held steady at 4.9 percent. U.S. businesses have now added 15.1 million jobs since early 2010, and the longest streak of total job growth on record continued in August. So far in 2016, job growth has averaged a solid 182,000 jobs a month, well above the pace of about 80,000 jobs a month needed to maintain a low and stable unemployment rate, and hourly earnings for private-sector workers have increased at an annual rate of 2.8 percent, much faster than...