The Washington Post reports that unemployment fell in April to 3.9%, the lowest since 1969, with the economy adding 263,000 jobs, beating expectations. “The United States has more job openings than unemployed people, a situation some economists call ‘full employment’ since most job seekers are able to land a job.”
Monetary
Director Kudlow: Stephen Moore won the battle of ideas.
Stephen Moore: I thought my Fed nomination would be about my economic ideas, not my divorce and my sense of humor.
Stephen Moore: The Left couldn’t beat me on my economic ideas.
Trump Fed Pick Stephen Moore Calls MMT Among ‘Stupidest’ Ideas He’s Heard.
NY Sun: Trump should nominate Judy Shelton in place of Stephen Moore.
At Forbes.com, Nathan Lewis lays out the political path towards a gold standard.
Tax
Donald Lambro: Tax cuts continue to boost economic growth.
Nine Line Apparel co-founder Tyler Merritt explains how President Trump’s tax cuts helped his business.
The Hill discusses Joe Biden’s lie regarding the Trump tax cuts.