Jay Weber Show transcript 8-22-24 7:10 am
About a million listeners sent me this story about the Biden labor department ‘revising downward’ the number of jobs created over the last year.
Listeners did so, because they know what a bugaboo i have ‘on this’...and i have for years.
This estimate that our labor department has put out each month-for years- has always been revised upward or downward as the next month turns over and more data is available...etc.
And at the end of every fiscal year, they’ll look again and do a final revision on the year-
And so, it’s not like monthly revisions aren’t ‘a thing’ or are abnormal.
But what happened during the Obama years-and is now happening again during the Biden years is: the democrats have so fully taken over every single federal department and agency...that they have bureaucrats in place who are willing to lie for them.
And so, under Obama-and now Biden- the labor department has been routinely putting out wildly inaccurate jobs figures each month- which seem to be based far more on what makes the democrats ‘look good’ instead of what’s accurate.
Many years ago-under Obama-i asked listeners to start paying attention to this...because Obama’s team would claim...we had a stellar June! 300-thousand jobs were created!
And then in august, they’d go back and quietly reduce that June figure by 100 thousand. It was mentioned to the media-but only as an afterthought. Always downplayed. Never emphasized or focused on-in the interest of fairness.
Nope.
This was bureaucrats fudging and cheating- in favor of Obama and the Dems. Now the same group of govt stooges at the labor dept. have been doing it for Biden. For years.
And so- yesterday’s news wasn’t a bombshell to me-but it was to many Americans- and to the stooges in the MSM who have allowed themselves to be used as pawns every time a dem is in the White House.
And let’s be crystal clear-here: Biden’s labor department would not have admitted this-if it didn’t benefit them to admit it.
How does it benefit democrats to admit that Biden’s labor department has been wildly off on their job-creation totals?
Well- if they admit to a jobs crisis that has been really going on for at least a year-it gives Jerome Powell and the fed all the ammo that they need to order an interest rate cut in mid-September-just as people start early-voting-
And if it’s a bigger rate cut, like half a point, huzzah, huzzah...maybe Kammy’s campaign can ‘really benefit’...with a last minute- and fake-sense of optimism in this economy.
Get it?
And so- let’s be clear: Biden’s labor department wouldn’t have admitted this now, yesterday, if it didn’t benefit them, politically.
Instead, this would have been announced later in October, after the books were closed on the fiscal year. Get it?
Announce this betrayal of the American people in mid-to-late October-
And it’s just a ‘final insult’ from the democrats before election day: oh, by the way, the dems have been lying to us for years-and claiming they’ve created a million jobs that they haven’t.
Get it?
In October-releasing this news is just a final ‘eff’ you... You stooges...we’ve been lying to you all along...
But admitting to it now? In august? Where they believe it really won’t hurt kamala because Biden was at the helm....and he’s not running again.
And admitting it early enough that Jerome Powell and the fed can defend an interest rate cut in mid-September-and maybe even insist it should be ‘bigger’ –
Well, that benefits kamala.
Get it?
It’s a reminder that-democrats will only admit they’ve been lying to you- if admitting to the lie -also-has some political benefit.
Isn’t this something?
Here’s Edward Lawrence of fox business news announcing this story yesterday: oh, by the way, Biden’s regime has been lying and hasn’t created a full-third of the jobs their labor dept said they’ve created over the last year.
So- like magic- nearly a million jobs are wiped off the books for the last year- meaning that I’ve been right to say the Biden team has been over-estimating their jobs numbers -bigly.
Folks, this works out to inflated estimates of at least 70-thousand jobs per month!! That we’ve been getting.
That’s not a labor department error. That’s not a ‘rounding error’. That’s intentional fraud. It’s lying to the American people.
MSM worked hard yesterday to claim this is a normal yearly occurrence- Bullplop, it is.
Revising the totals up or down is an annual thing-but having an administration be off on their estimates by a million jobs in a single year- is not- normal.
It’s extreme.
In fact-the last time the numbers had to be revised downward this severely was during 2008-the year the ‘great recession’ started.
And so, we are left in this odd situation that neither economists-nor investors- really need to deal with.
The ‘jobs economy’ hasn’t collapsed overnight...but...it kind of feels like it does.
The country is just now waking up to the fact that the overall jobs picture in Biden’s America has been significantly worse than Biden’s regime has been letting on.
And so-how do you react to that?
It’s another in our ‘never ending’ examples of how today’s democrats do nothing but lie and gaslight.
For at least two years- Biden, Harris, and anyone involved with this administration or democrat party has insisted that this economy is ‘great’. Bidenomics is ‘working’ Joe Biden and the democrats are ‘saving jobs’ and ‘creating jobs’...etc.
No exaggeration, here: if you release this 880-million jobs that they claim were created over the last year- all you are left with is the govt jobs created-as Biden and Harris expanded government-and-
And-the low-income jobs that their own labor department admits have been filled almost entirely by illegals.
And so-no hyperbole. No exaggeration: Joe Biden and Kamala Harris have been terrible creators of jobs....and those that they have created? Have nearly all gone to illegals- or new govt workers-who only represent a ‘suck’ on the economy.
This is Kamala Harris and Tim Walz’s America. Expect the same sort of fraud, gaslighting, and broken economy if they win in November.
Every day. Every hour. Every utterance from a democrat today. Is a lie. And it has been for at least 8 years.
photo credit: Gregory Jon meme
audio version of the segment here > We knew all along those jobs numbers were bogus