The U.S. economy is booming — and even former Trump White House economic adviser Larry Kudlow thinks it's time to celebrate it.
Economists expected some degree of slowdown at the end of the year, but instead the jobs report smashed all expectations, with 353,000 new jobs added, unemployment holding steady at 3.7 percent, wages rising, and all major sectors now seeing employment at or above pre-COVID levels.
Kudlow told Fox Business viewers on Friday that it's okay to put politics aside and enjoy it.
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"We had a blowout jobs report," said Kudlow. "More than twice the consensus expectation. Now, I know many of my conservative friends are trying to drill holes in this report. But you know what, folks? It is what it is. It's a very strong report. Not every economic stat should be viewed through a political lens."
"I've been in this business a very long time," he continued. "And sometimes you just have to throw away the ballot box and just recognize the numbers. They are what they are. This was a very strong report. 353,000 gain in nonfarm payrolls is a very big number. Prior two months revised up by 126,000, another big number."
"The bottom line is, more Americans are working," he added. "And that is a good thing no matter what your party registration is."
