Staff Reports
The liberal media is once again trying to pull the wool over the American people’s eyes by touting Biden’s so-called economic success. But Fox Business is calling them out on their lies, exposing the Biden administration’s inflated job numbers. According to Fox Business, the Bureau of Labor Statistics has been cooking the books, overestimating job creation by a whopping 439,000 positions in the first 11 months of 2023. That’s right, folks, the government is playing fast and loose with the numbers to make Sleepy Joe’s economy look better than it really is.
US Employment Reports Greatly Exaggerated, Over 400,000 Jobs Mistakenly Added to Total https://t.co/qBznGVrp6b
— LaylaTexas77🌹 (@LaylaTexas77) January 8, 2024
In case you needed more proof that Bidenomics is just a big fat lie, David Rosenberg, the founder of Rosenberg Research Associates, is backing up Fox Business’ claim. He’s saying that it’s time to stop relying on the government’s “fairy-tale” numbers, pointing out that over 40% of payroll growth in 2023 came from a mysterious “Birth-Death” model. Sounds fishy, doesn’t it?
But wait, there’s more! The Bureau of Labor Statistics has a history of fudging the numbers. In August, they had to admit that they had overstated job growth by a whopping 306,000 jobs. And in December 2022, the Philadelphia Federal Reserve Bank estimated that they had overstated growth by a mind-boggling 1.1 million jobs! It’s like they’re playing a game of “How high can we make the numbers go?”
And here’s the real kicker: while the government is busy inflating job numbers, the economy is actually in bad shape. Government jobs are increasing at an alarming rate, while the private sector is taking a hit. It’s no wonder that December’s jobs report showed a record 683,000 people giving up on finding work altogether. And the icing on the cake? A whopping 8.69 million people now hold multiple jobs, and the economy has shed 1.5 million full-time workers while adding 796,000 part-time workers. How’s that for Bidenomics, folks?
