Tea at Trianon: Jobs Report Shows Trump Clearly Catching Up

John Wilson Croker on Marie-Antoinette

"We have followed the history of Marie Antoinette with the greatest diligence and scrupulosity. We have lived in those times. We have talked with some of her friends and some of her enemies; we have read, certainly not all, but hundreds of the libels written against her; and we have, in short, examined her life with– if we may be allowed to say so of ourselves– something of the accuracy of contemporaries, the diligence of inquirers, and the impartiality of historians, all combined; and we feel it our duty to declare, in as a solemn a manner as literature admits of, our well-matured opinion that every reproach against the morals of the queen was a gross calumny– that she was, as we have said, one of the purest of human beings."

~from History of the Guillotine by John Wilson Croker, 1844

Edmund Burke on Marie-Antoinette

"It is now sixteen or seventeen years since I saw the queen of France, then dauphiness, at Versailles; and surely there never lighted on this orb, which she hardly seemed to touch, a more delightful vision. I saw her just above the horizon, decorating and cheering the elevated sphere she had just begun to move in, glittering like a morning star full of life and splendor and joy. Oh, what a revolution....Little did I dream that I should have lived to see such disasters fall upon her, in a nation of gallant men, in a nation of men of honor and of cavaliers! I thought ten thousand swords must have leaped from their scabbards, to avenge even a look which threatened her with insult. But the age of chivalry is gone; that of sophisters, economists, and calculators has succeeded...."

~Edmund Burke, October 1790

Monday, November 24, 2025

Jobs Report Shows Trump Clearly Catching Up

From Newsmax:

The unemployment rate ticked up to 4.4%, a reminder that the labor market is improving unevenly as higher borrowing costs keep some industries cautious.

Political consultant Dick Morris told Newsmax the delayed September jobs report showing 119,000 new positions is evidence that President Donald Trump is "clearly catching up" on growth while restraining price increases.

"I mean, this is good. 119,000 jobs. And on top of that, ever since Trump took office, the total combined inflation rate has been about 2.8%," Morris said Saturday during an appearance on Newsmax TV's "The Count."
"And in the Biden administration, they're 2 1/2, 3 1/2 years. The inflation rate was 24%. So Trump is achieving the miracle of good growth, job creation and not much inflation," Morris said.

Inflation remains the political and economic fault line of 2025.

Consumer prices have cooled from their post-pandemic highs, with year-over-year readings hovering around the high-2% range recently, though food costs have been stubborn and some categories — eggs and beef, in particular — have posted noticeable jumps this year.

Morris acknowledged that reality, arguing that the administration's policy moves take time to filter into grocery aisles.

"The inflation there is, is, for the most part, inflation. For example, we've taken major measures to lower beef prices by changing the way beef is slaughtered, increasing the number of packing houses and so on.

"But it takes a couple of years for [it] to get gestated and, and there's a couple of months for an egg to hatch in a poultry. And it takes a little while for those things to catch up," he said.

Morris' comments echo a broader White House push to highlight supply-side fixes, expanding processing capacity, encouraging domestic production and squeezing bottlenecks, rather than leaning solely on interest-rate policy to cool prices. (Read more.)