Only 148,000 jobs in the last quarter of 2017 is very disappointing. Super himself jumped the gun with a claim of 250,000 in the first post of this thread. The last quarter should include the big holiday push. As I pointed out the job growth in 2017 was not as robust as it was under most of Obama's presidency. Trump has done nothing for his working class supporters. His claims that trashing the environment will create more jobs is doubly idiotic. We could, and have, created more jobs in renewable energy that we have in coal by spades and would continue to accelerate that growth were it not for the retrograde policies of the this administration.
The real focus should be on WAGE growth. In 2016 we finally reached the point that workers began to enjoy the fruits of a nearly-full employment economy. All indications are that this wage growth continued in 2017. If the foolish and counterproductive tax cut bill doesn't derail it, 2018 will hopefully continue the trend. We have a potential problem, however, that requires a look back.
I can recall Super hyping the stock market rise in 2007 when the housing market was pushing it up very rapidly. He was singing the praise of George Bush's economic program as the best ever. My warning then was that steady growth was preferable and a dramatic rise often presaged a dramatic fall. How far and how disastrous a fall was beyond anyone's worst nightmare. So I caution our dedicated Republican that he best tread lightly. An overheated stock market could have a very bad result for the rest of the economy should it suddenly implode.
Fortunately the world, not just the US, is experiencing a period of sustained economic prosperity. Brexit has slowed but not stopped the UK's progress, but Europe is enjoying its best period in many years. Even the BRICS which have been in the doldrums are recovering nicely. That includes Russia that has enjoyed some improvement despite the modest energy prices and the impact of sanctions. Asia is, of course, the economic engine of the world, and it continues to prosper. China's growth is robust if not at a peak.
We are enjoying a rare economic moment in recent memory. Let us hope that the child in the White House doesn't do anything disastrously stupid to upend it, nor his rich friends let their greed undo the effort of far better men to repair the horrific damage they did to the world in the Great Republican Recession.