Once Again Trump Was Right

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Once Again Trump Was Right | Political News

The White House announced a large discount of practically 1 million in job growth between April 2024 and March 2025, a time during which former President Joe Biden and his staff lied to the American people about the strength of the financial system.





In a assertion on Tuesday from the White House, it said that, “The Bureau of Labor Statistics (BLS) just revised down their jobs numbers from April 2024 to March 2025 by 911,000 jobs — the largest revision on report and another blunder in the prolonged historical past of inaccuracies and incompetence at BLS.”

It added:

The benchmark revisions make clear the financial system President Trump inherited was even weaker than we thought. Job growth was lackluster under Biden, with initial revisions from the last two years displaying job growth was overstated by roughly 1.5 million staff — displaying the Biden financial system was propped up by unlawful immigrants, poor data, authorities handouts, and a flood of Federal spending. In fact, despite opening the borders to hundreds of thousands of unlawful aliens, the Biden financial system still failed to add meaningfully more jobs than President Trump did in his first time period.

President Trump is correct to demand accountability and reform at BLS. The stark revisions underscore the pressing need for Congress to affirm E.J. Antoni, President Trump’s nominee for BLS commissioner, and start the major reforms needed to restore Americans’ trust in the data after years of inaccuracy that has misled policymakers and eroded confidence.

President Trump is correct about the Federal Reserve being TOO LATE. The revisions make clear that the Fed’s financial coverage is way too restrictive and rates of interest stay too high.






READ MORE: Even GWN Can’t Spin for Democrats and Is Forced to Admit Trump’s America First Policy Is Working

Prepare for the Dems’ Gnashing of Teeth: Consumer Confidence Numbers Are In


During a White House briefing on Tuesday, White House Press Secretary Karoline Leavitt slammed the Biden administration for mendacity about the financial system.

“And the Biden administration stood up here and vouched for that data and told you that data was real, and when President Trump calls into question the veracity of that data …he was ridiculed for that,” Leavitt said.

“The president was right, and this is why we need new leadership at the Fed,” she added. “This makes it very clear that President Trump inherited a much worse economy by the Biden administration than ever reported. It also proves that the Federal Reserve is holding our monetary policy far too restrictive. Rates are too high. The Fed needs to cut rates because of the mess we inherited from the Biden administration.”

One Fox Business reporter famous that the Biden administration had beforehand claimed that Trump was taking over workplace with job creation at 147,000 a month, when in actuality, it was more like 71,000 per month.

“The 911,000 might be subtracted from the 1.76 million jobs [claimed by Biden], which comes out to 849K, displaying the Biden job growth NOT as strong as first thought!,” the Fox News reporter said.





And for critics in the media or Democrats who will strive to blame Trump’s tariffs on the weaker jobs numbers, CNBC places the matter to mattress — it is just not true.

Most of the time span for the report got here before President Donald Trump took workplace, indicating the roles image was deteriorating before he started levying tariffs against U.S. trading companions.

“The BLS’ preliminary benchmark revisions to nonfarm payrolls show a much weaker labor market over most of 2024 and early 2025 than previously estimated,” said Oren Klachkin, market economist at Nationwide Financial. Importantly, the slower job creation implies income growth was also on a softer footing even prior to the current rise in coverage uncertainty and financial slowdown we have seen since the spring. This ought to give the Fed more impetus to restart its cutting cycle.”

So, the next question we have to ask is: Will this finally be enough for the Fed Chair Jerome “Too Late” Powell to cut the rates now?

We may have to wait and see. 


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