Economy comes roaring back, Chinese-originated virus job losses almost cut in half in May and June

July 2, 2020, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement on the latest jobs numbers:

“Almost 5 million Americans got a job in the month of June, marking the second straight month of economic recovery after our nation’s economy was ravaged by the after effects of the Chinese-originated virus.  Since the bottom of the temporary, but dramatic economic slowdown almost 8.8 million Americans have gotten jobs, meaning almost one-half of the COVID job losses have been erased since the two-month economic shutdown sidelined a between a little more than 17 million workers.

“With many Governors in states like New York, Illinois and California effectively continuing to turn a blind eye to the economic ravages of the shutdown response, and many Americans remaining cautious about re-entering the normal day to day activities that were taken for granted in February of this year, it is almost a miracle that the our economy has risen so rapidly.

“As President Trump’s landmark ending of NAFTA, replacing it with the new USMCA trade deal with Canada and Mexico, which protects intellectual property, ends currency manipulation, allows more dairy products to be sold to Canada and makes manufacturing in America even more desirable, took effect yesterday, the economic pieces are coming into place to create a robust second half of 2020.

“It is important to remember that from April 2019 to February 2020, fewer Americans were unemployed than at any time since January of 2001, even though the civilian labor force was almost 22 million people larger in February 2020.

“The economy was very strong when China lied to the world about the COVID virus, continuing to allow flights from the Wuhan Province to Europe and Asia, even as they shut down domestic travel from the site of the virus’ origin.  Now, because of that underlying strength, the economy is recovering.  Let’s hope that those Democrat operatives and their gubernatorial allies who have publicly worried that a recovering economy helps President Trump’s re-election for once put the economic well-being of the people above their petty political interests.”

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