Donald Trump’s trade wars, tariffs, and unprovoked war with Iran are not treating our economy well, as a new jobs report reveals, resulting in an on-air meltdown from conservative CNBC business host Rick Santelli on Friday.
Trump keeps insisting that the economy is stronger than it’s ever been, but the numbers continually reveal his claim to be a complete lie. Oil and gas prices continue to be high due to his war with Iran. Grocery prices are also high, and inflation is higher than it was under former President Joe Biden despite Trump’s promise that only he could bring inflation down.
On Friday, a new jobs report dropped that disappointed Trump-supporting CNBC host Rick Santelli so much that he delivered an angry rant about it on the air.
“Buckle up on this one!” Santelli began. “Minus! Minus 23,000 on non-farm payrolls. That would be the second worst number of the year. I can hear the bond yields falling right now.”
Indeed, the loss of 23,000 jobs is not a good look for any president, especially one who has repeatedly claimed that the economy is “the hottest ever.” Of course, farmers haven’t had a great run during Trump’s second term either. They’re being wiped out and are losing their farms in record numbers.
”That would be the second worst number of the year outside of the other negative number from February. Another whopper!” Santelli continued.
Santelli went on to note some minor manufacturing gains, but it’s hardly a victory for the economy. “Average annual earnings, big miss. Up one-tenth, that is one-third of what we were expecting. Up one-tenth would be the lightest reading of the year.”
This jobs report proves once again that tax cuts for corporations and the wealthy do not create jobs. They take the money and lay off thousands of Americans. Combine it with Republicans telling Americans to “eat Ramen” if they are hungry, and you should have the recipe for a nationwide revolt. That is, assuming Americans have the courage to stand up to their abusers.
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