CNBC on the July jobs report: "Minus -- minus! -- 23,000 on non-farm payrolls. That would be the second worst number of the year ... revisions -- another whopper! Minus 103,000 ... average hourly earnings -- big miss!" pic.twitter.com/0Lb64Unhej
— Aaron Rupar (@atrupar) August 7, 2026
And if you use Trump math, drug prices are down 600%.Kevin Hassett on Fox News argues that if you exclude the sectors that lost hundreds of thousands of jobs, "you actually had a number that was about plus 100,000" 🙃 pic.twitter.com/t2W7wAzyQn
— Aaron Rupar (@atrupar) August 7, 2026
If you take into account how many people have stopped looking for jobs, the unemployment numbers are actually better than reported!Hassett argues that declining labor force participating isn't really a problem because Trump's mass deportation is lowering the baseline number of jobs pic.twitter.com/HgEyftoHvS
— Aaron Rupar (@atrupar) August 7, 2026
So deporting workers = fewer jobs to be had?
ReplyDeleteI thought Trump was all about the economic growth...
Hassett is only one of the grinning, smirking liars and crooks I'd love to see in prison whining like Andrew Tate, Bessent is another. I'm praying for the crash that's coming to come soon because it's coming. And it's going to be enormous, it will eat 2008 and the others between us and the Great one and I expect it might eat that one too. And the US isn't going to come out the top power in the world after that, our corruption and lies and racism have made us forfeit that role.
ReplyDelete