Fox News Admits Trump's Jobs Report is 'Brutal' Amid Economic Slowdown

Disastrous August Jobs Report

• 📉 The US economy under Donald Trump is showing alarming signs, with only 22,000 jobs added in August, significantly below the expected 75,000.
• ⚠️ Fox Business News, described as a Trump propaganda network, struggled to spin the report positively, with anchors admitting it was "brutal" and "not good."
• 📊 Revisions to previous numbers were "extraordinarily brutal," indicating a consistent downward trend.

Sectors Showing Weakness

• 📉 Job losses were noted in the professional business service sector and the temporary help sector, which are considered key indicators for economic health.
• 🏭 Manufacturing and construction sectors are also struggling, with manufacturing employment down for four consecutive months.

Blame on Trump's Policies

• ✈️ A Fox Business guest attributed the weak report to Trump's chaotic tariff policy, citing trade-related uncertainty as a drag on hiring.
• 🏛️ Another guest pointed to the Trump administration's workforce cuts, particularly within the DOD, suggesting government numbers will worsen.
• 💸 Companies are reportedly paying for tariffs, leading to margin pressure and negatively impacting hiring decisions.

Official Reactions and Spin

• 📉 On CNBC, National Economic Council Director Kevin Hassett acknowledged the disappointment but suggested seasonal adjustments might revise the number up by nearly 70,000 jobs.
• 🗣️ Trump's Commerce Secretary, Howard Lutnik, suggested future BLS hires would be vetted to remove those with a "political agenda" against the president, implying a desire to "cook the books."
• 📈 Despite the weak numbers, the stock market rose due to expectations of a Federal Reserve interest rate cut, which is seen as a response to overall economic weakness rather than strength.

Economic Reality vs. Administration Claims

• ⚠️ The current economic situation is described as "sputtering and slowing down," a stark contrast to Trump's promises of the "greatest growth economy."
• 📉 The current labor situation is compared unfavorably to the period during the COVID-19 pandemic four years prior, indicating a significant downturn.
• 🤥 The video also touches on a separate issue where Homeland Security Secretary Kirstjen Nielsen is accused of lying about President Trump's actions in Los Angeles, with a California Democrat calling her claims a "fabrication."