Nearly every economic indicator continues to move in the right direction. Employment is up, the unemployment rate is down, and wage growth seems to be accelerating. I’ll keep making the same points I have made in previous posts about the strong economy, because they’re still true:

1) On average, job growth has been a little slower than it was in the last year under President Obama.

2) But this has been a long expansion and the fact that it has kept going under President Trump is not something to take for granted.

3) This would be an excellent time to start bringing the deficit down.

4) And speaking of deficits: The trade deficit is rising. Maybe that should tell the president something about the theory, espoused by him and some of his advisers, that trade deficits reduce economic growth.