Fox News Confronts Trump Admin on Bad Jobs Data and Skyrocketing Prices

Jobs Data Discrepancies

• 🎯 Maria Bartiromo fact-checked a Trump administration official regarding the jobs numbers report, highlighting that the data has been bad for months.
• 📉 The labor secretary attempted to blame the government shutdown for the inability to release new jobs numbers, a claim questioned by the hosts.
• 📊 FactSet consensus estimates suggested only about 50,000 jobs were added in September, with private sector hiring around 62,000 offset by federal job losses.
• ⚠️ Long-term unemployment has climbed, with 25.7% of jobless Americans out of work for at least 27 weeks in August, the highest since June 2016.

Rising Food Costs and Economic Concerns

• 🥩 Beef prices have hit record highs nationwide, with cattle inventory at a 70-year low.
• 🗣️ A Fox News host warned that if food and beef prices don't stabilize, Republicans will face problems in the next election cycle.
• 🌦️ Droughts in key ranching states like Texas and Kansas led to ranchers liquidating cattle, contributing to the price surge.

Critiques of Administration Messaging

• 🤥 The hosts criticized the labor secretary's claims of rising consumer confidence, calling them unsubstantiated and made up.
• 🗣️ They argued that the administration often makes false claims about economic improvements, such as gas prices, and quickly moves to the next topic before the lies can be fully debunked.
• 🎭 The administration's responses to economic concerns are often vague, using phrases like "we hope," "we expect," or "potentially" for future improvements.