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September 06, 2024
Job Creation Slows as Foreign Workers Take the Lion's Share of What Few Jobs Were Created
Plus: Appeals Courts Remove RFKJr's Name from Ballots in MI and NC!
Unrelated Update: Both Michigan's Appeals Court and North Carolina's Supreme Court have reversed lower (Hawaiian judge) rulings keeping RFKJr.'s name on the ballot. Democrats want to keep his name on the ballot because they don't want RFKJr.'s voters voting for the man RFKJr. endorsed, Trump. Republicans want him off (as RFKJr. himself demanded) so that they will.
Remember, it was RFKJr. himself who filed to remove his name from the ballot. Democrat judges said "no, you have to stay on the ballot, to help Kamala." I mean, they didn't say that last part out loud -- but that's the reason.
Nice election news for Team Trump:
@SteveLovesAmmo
BREAKING: Michigan Appeals Court just ordered that RFK Jr.'s name will be taken off the ballot!
Leading Report
@LeadingReport
BREAKING: North Carolina Court of Appeals has ordered Robert F. Kennedy Jr.'s name to be taken off the general election ballot in the state.
Since I'm on Axios' site, I'll go with their spin on this.
The U.S. economy added 142,000 jobs in August, while the unemployment rate edged slightly lower to 4.2% from 4.3%, the Labor Department said on Friday.
Why it matters: A slowing labor market is a pivotal factor that will help the Federal Reserve determine the size of a highly anticipated interest rate cut later this month.
Axios casually side-steps the real "Why It Matters:" Economists worry that Biden has driven us off the cliff and this latest data point suggests we are closer to a deep recession.
But naaaah, it's just about something most people don't care about, a possible federal rate cut.
Note the Fed would only cut interest rates, especially in the face of uncontrolled inflation, if a recession were imminent.
Axios is pretending they don't know this.
The August figures came in below expectations of 161,000 job gains.
The new report also shows notable revisions for months past: The economy added just 89,000 jobs in July--25,000 fewer than initially thought.
June's gains were revised down by 61,000 to 118,000.
Surprise, surprise. Gee-- that's almost half of June's jobs that turned out to be Fake Economic News.
David Strom pounces, and then seizes, and then pounces again with a surprise Bonus Seize, upon the fact that over the past year, foreign workers made up 2,000,000+ of new hires, whereas native-born Americans lost 392,000 jobs.
Charles Schumer's take? Obviously we must Make America a Foreign Country Again.
Very much related: Biden admits that the dishonestly, propgandistically named "Inflation Reduction Act" was never about inflation.
He's admitting this because the "Inflation Reduction" obviously failed -- but he wants you to know, he succeeded in the real goal of the latest inflation-provoking $369 billion boondoggle:
BIDEN: My investments, through my investments, the most significant climate change law ever, and by the way, it is a $369 billion bill, it's called the, we should have named it what it was, at any rate.
posted by Disinformation Expert Ace at
01:00 PM
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