Posted on 12/26/2024 3:12:19 AM PST by MtnClimber
Ahead of President Trump taking office on Jan. 20, Bidenomics is still with us.
Joe crowed about all the 16 million jobs he'd 'created' in his speech five days ago, patting himself on the back.
Here's the White House public relations video: [video at link]
It was stolen valor.
Turns out his jobs numbers look like this:
Post
Stephen Moore @StephenMoore 🚨 Another half-million jobs reported under Biden turn out to be phantom! 🚨
The Philly Fed's recent findings reveal that Q2 job growth was actually negative, with all reported gains set for revision in 2025. This follows an alarming downward revision of 800,000 jobs from last year.
Stay tuned for January’s nonfarm payrolls—more adjustments on the way! 📉
No net new jobs at all? Job growth negative, jobs lost left and right?
And what a coincidence, it happened just as election was on -- phony numbers for a political purpose -- right about when they had a plan to elect a Democrat.
This isn't the first time they've revised jobs and other economic indicators downward after first reporting them as impressive, indicating signs of growth -- which is politically advantageous to Biden. Back in July and as I recall, September, Biden was doing the same thing -- fake numbers to get a market boost, then, months later, the real ones.
That's particularly bad as a practice on jobs and employment numbers, because the Federal Reserve watches those very closely as they set interest rates. Bad information means bad decisions -- and quite possibly, recession.
(Excerpt) Read more at americanthinker.com ...
Many, including myself, said this would happen back when the numbers came out.
BTTT
The election is over, there’s no need to lie any more. Plus it establishes a lower baseline for Trump to work against.
Really? You believe our trusted and noble government would actually lie to us? Never!
We have had a solid four years of lying from Biden and his co-conspirators.
It’s what democrats, liberals and government does. They lie about everything.
If memory serves, most Biden jobs reports have been revised downward.
Why do it? Hubris and because they are liars who can’t help themselves.
We all pay for their deliberate falsehoods.
That’s the only solid thing to come out of President Bitme.
Even his diaper was soupy.
Ha!
This ain’t nothing, wait until the number for the year are revised in Feb.
So were most under Obama.
Most economic reports under Trump were revised UPWARD
This is another part of the swamp that needs draining. Clinton changed the way we measure economic factors and installed career servants of the Politburo (aka the DNC)
Economic statistics are of zero interest to average folks.
They know how they and their friends and neighbors and co-workers are doing.
It would be cheaper for .gov to just use random number generators.
Democrats have to lie to win. Their democrat fake news works together to sell the lies.
The most important job revision is the job Biden is losing.....
he and power-crazed drjill cant exit soon enough for Americans.
Sue those responsible. Same as the biotch in the Iowa poll. Election interference plain and simple.
the governance enhancement center should get on this misinformation right away
Lucky for Biden his butt boys in the MSM will run with Biden's lie and ignore the truth when it's finally released. And yet, they wonder why no one trusts them...
The Biden Administration is an absolute fabrication. With complete complicity by the “1st ammendment” press.
Traitors one and all.
Believe nothing from government bureaucrats
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