The Joe Biden-Kamala Harris regime has now been caught red handed in a major lie about this dismal economy after the U.S. govt. has revised the jobs numbers downward by almost a million jobs!
We now know that the “missed” estimate is lower by 818,000 jobs. That means there were actually 818,000 jobs fewer created in the last quarter than what Biden and the media was telling us only weeks ago.
Again, realize what this means… Biden-Harris was telling us that they created a million more jobs than they actually created. This wasn’t just a minor overestimate.
“US job growth in the year through March was likely far less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling further behind the curve to lower interest rates,” Bloomberg reports. “Goldman Sachs Group Inc. and Wells Fargo & Co. economists expect the government’s preliminary benchmark revisions on Wednesday to show payrolls growth in the year through March was at least 600,000 weaker than currently estimated — about 50,000 a month.”
Things are not going well, folks. And the Biden-Harris regime is gaslighting you trying to fool you into thinking all is well.
Uh oh: The New York Fed’s July survey of labor market expectations shows expected likelihood of becoming unemployed rose to 4.4% on average, highest in data going back to 2014 pic.twitter.com/YqwTigoKzr
— Sara Eisen (@SaraEisen) August 20, 2024
Former President Donald Trump blasted the Biden-Harris cabal over this massive lie.
“There has been a report that the jobs numbers are fraudulent,” Trump said. “That’s a terrible insult to our economy.”
PRESIDENT TRUMP: There has been a report that the jobs numbers are fraudulent. They keep getting revision down. "That's a terrible insult to our economy." pic.twitter.com/mmeCLEjZcS
— Trump War Room (@TrumpWarRoom) August 20, 2024
Biden lied and the media helped him.
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