September 2, 2019

Labor Day, Economics, and Hurricane Dorian

On this holiday, let’s take a moment to look at the bigger economic picture.

Today is Labor Day, and that means the unofficial end of summer on a day of celebration of the American worker. The holiday originated in the late 19th century and was born of the labor movement, though many Americans, led by President Grover Cleveland, pushed for and secured a September date to distinguish it from the socialist/communist “International Workers Day,” or “May Day,” on May 1. Labor Day was made an official federal holiday in 1894.

As we mark the day, let’s take a quick look at a few related topics.

First, Hurricane Dorian, currently a Category 5 monster, is heading for Florida, Georgia, and the Carolinas — not exactly a welcome holiday event. The days and weeks ahead with be filled with the extensive labor and massive expense of recovery, but Americans are a resilient lot.

As for the economy, as we’ve hammered home in recent weeks, the positive outlook is exactly why the Leftmedia is incessantly running reports of economic doom and gloom on the horizon. A good economy is bad news for Democrats. If their prophesies come true, it will be because they succeeded in undermining consumer confidence.

Well, here are the facts: The August jobs report won’t be released until this Friday, but the employment picture is largely a good one — even if recent revisions are being used by Democrats and their Leftmedia propagandists to forecast a recession. The unemployment rate stands near a 50-year low of 3.7%, meaning one of the biggest hurdles for increasing employment is that companies are finding it difficult to fill jobs with workers. Manufacturing has taken a hit because of President Donald Trump’s tariffs, which are also hurting American consumers with higher prices. But Trump is calculating that the U.S. economy can withstand a needed battle with China that he didn’t start.

Third, wages are growing and consumers are generally confident. In fact, The Wall Street Journal reports, “American workers under 35 report being happier with their paychecks than people over 55 for the first time since at least 2011, according to a new report from the Conference Board, a business-research organization that polls U.S. employees about workplace satisfaction. Overall, the share of workers satisfied with their paychecks rose to 46.4% in 2018, from 43% in 2017, an increase that mirrors federal data showing that wage growth accelerated in 2018.” Furthermore, “Nearly 54% of U.S. workers said they were satisfied with their jobs in 2018, the highest share reported in more than two decades.”

In any case, a happy Labor Day to those Americans taking a break from laboring today!

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.