GREAT ECONOMIC NEWS – AT 11:51 A.M. ET:  It doesn't get much better than this.  From the Washington Examiner:

The unemployment rate for black workers hit new record lows in May, the Labor Department's Bureau of Labor Statistics reported Friday.

Black unemployment fell sharply to 5.9 percent, beating out the 6.6 percent record low that was set a month earlier.

The unemployment rate for Hispanic workers hit a record low in April, at 4.8 percent, but it rose slightly to 4.9 percent in May.

The total unemployment rate for white workers dropped from 3.6 percent to 3.5 percent.

President Trump has cheered the record low unemployment rates seen for black workers on his watch. He and his supporters have pointed to the falling numbers for black workers as proof that Trump is working to better the lives of all Americans, even as Trump's critics continue to say Trump is a racist who should be removed from office.

The total unemployment rate for all workers fell to 3.8 percent, from 3.9 percent in April.

COMMENT:  If this can be kept up, it will have a profound effect on the November midterms, unless the president's opponents can come up with an October surprise.  And they may well.

If the economy continues to boom, I hope the GOP proposes another tax cut for the American people.  It will drive the Democrats completely crazy, especially if it benefits traditionally Democratic constituencies.  Maxine Waters will go into hiding.

June 1,  2018