And the illegitimate POTUS is out today bragging about jobs.
Zero Hedge reports that 1.2 million American born workers have been replaced by nearly 700k foreign born workers.
Bidenomics: America last.
As Biden continues to tout his economy, the data says otherwise.
The July jobs estimate was revised 30,000 lower and the June total was revised a whopping 104,000 lower making it the worst month since December of 2020.
The unemployment rate also jumped to 3.8% in August as tech companies begin layoffs. (Collin Rugg on X)
The Real Shocker In Friday’s Jobs Report: 1.2 Million Native-Born Workers Lost Their Jobs, And Were Replaced With 668K Foreign-Born Workers
By: Tyler Durden, Zero Hedge, Sep 04, 2023:
Shortly after the August “goldilocks” jobs report hit at 8:30 AM Eastern time on Friday, which first sent yields tumbling as markete focused on the surge in the unemployment rate before a sharp reversal sent long-end rates in the opposite direction as attention instead turned to the jump workers re-entering the labor force (as well as stronger than expected ISM print), we explained why, lost in the din of the attention-grabbing headlines, the details inside the report showed just how ugly the American non-farm payroll report truly was.
Bidenomics in the Tweets
Looks different than
Bidenomics in the Streets
— Alec Lace (@AlecLace) September 4, 2023
The Roosevelt Hotel in NYC has 1,025 rooms and American taxpayers are currently paying for every one of those rooms to be filled by illegal immigrants – At a cost of $6,000 per family of illegals, per month.
To add insult to injury, the hotel is actually owned by the Pakistani… pic.twitter.com/orHvPB443y
— Bernie Moreno (@berniemoreno) September 4, 2023
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