The August jobs report was not good, and job cuts (read: layoffs) were up 193% over July. All of this does not bode well for the Biden-Harris administration, and it's especially bad for the Kamala Harris campaign.
The Fed Chair, Jerome Powell, blaming the rising unemployment rate on illegal immigration will only hurt her even more, yet here he is, doing just that:
Fed chair Jerome Powell blames influx of illegal migrants for rising unemployment rate https://t.co/a8b0GZ9TOv pic.twitter.com/HmzobcBMBy
— New York Post (@nypost) September 18, 2024
Federal Reserve Chairman Jerome Powell blamed the migrant crisis for the nation’s growing unemployment after cutting the benchmark interest rate by 0.5 percentage point on Wednesday for the first time since early days of COVID-19.
“If you’re having millions of people come into the labor force, then — and you’re creating 100,000 jobs — you’re going to see unemployment go up,” Powell told reporters, answering a question about the nation’s current monthly job creation.
Yeah, either way, this is bad.
Here's video, too:
🚨Fed Chair Jerome Powell says the massive influx of illegal immigrants under Kamala has RAISED the unemployment rate: "There's been quite an influx across the borders, and that is actually one of the things that's allowed the unemployment rate to rise." pic.twitter.com/7jaJDRzpdk
— Trump War Room (@TrumpWarRoom) September 18, 2024
Maybe stop letting millions of people who shouldn't be here come into the labor force.
Let's start there, huh?
— U.S. Ministry of Truth (@USMiniTru) September 18, 2024
Recommended
The perfect meme.
Oh, I’m shocked. Well, shocked he admitted it.
— JayJay McMaster, CD (@tantrumblue1) September 18, 2024
This writer gets the impression he was trying to excuse the rising unemployment by saying we have more people than jobs.
However, his attempt to put a positive spin on this failed. Spectacularly.
No s**t Sherlock. Supply and demand. Flood the country with too much "product", in this case workers (people) didn't add new jobs. It just took jobs away from the American workers who were already here.
— charmane harbert ✝️ 🇺🇸 (@callme_Chari) September 19, 2024
In February, net job gains went to immigrants, illegal and legal.
Joe Biden said immigrants were the reason our economy was strong. https://t.co/G1VulVLRi5
— Vanessa (@Nessakins_) September 18, 2024
Whoops.
https://t.co/7uoD3x9sUK pic.twitter.com/JWQ2DSHSlQ
— Stephen L. Miller (@redsteeze) September 18, 2024
Someone should ask her about this.
You know it’s bad when even they are willing to admit it. https://t.co/hBidwKBIzG
— PL4Y3R 0N3🏳️🌈 (@PL4Y3R_0N3) September 18, 2024
YUP.
hahahahaha https://t.co/KSeqTiphLS
— Bonchie (@bonchieredstate) September 18, 2024
We are governed by clowns.
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