President Biden Delivers Remarks on the August Jobs Report because he doesn’t want to address the downgrade in Q2 GDP, rising gas prices, or the state of most family budgets right now. And, honestly, even the jobs numbers aren’t all that:
For many months now, the labor market hasn’t been as robust as President Biden and his media allies have claimed in an effort to gaslight the American public about the strength of the economy. Last week, the Labor Department downwardly revised job creation between March 2022 and March 2023 by 306,000 jobs, an average of 25,000 fewer jobs per month. These ongoing significant downward revisions suggest we should be discounting the monthly jobs numbers rather than playing them up.