8/4/25: Trump fires the messenger as economy gets shaky

The David Pakman Show

David Pakman

News, Politics

4.8 • 6.2K Ratings

🗓️ 4 August 2025

⏱️ ? minutes

🔗️ Recording | iTunes | RSS

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Summary

-- On the Show: -- Donald Trump lashes out with angry social media posts as economic indicators show signs of decline -- Donald Trump fired Bureau of Labor Statistics head Erika McEntarfer after a devastating jobs report exposed major economic weakness -- Republican Senators like Cynthia Lummis and Thom Tillis finally criticize Donald Trump after he Bureau of Labor Statistics head Erika McEntarfer for political reasons -- Donald Trump's DOJ moved Ghislaine Maxwell to minimum-security after a secret meeting, raising serious questions about favors and Epstein connections -- Donald Trump was loudly booed by thousands at WWE SummerSlam during a video appearance, showing a shocking drop in support -- Donald Trump made disturbing comments about press secretary Karoline Leavitt's lips on TV, raising concerns about sexism and power abuse -- Press secretary Karoline Leavitt demanded Trump receive the Nobel Peace Prize, pushing the cult of personality narrative to absurd heights -- Donald Trump discusses the Epstein files, pardons, drug prices, and lashes out about loyalty and job numbers -- MAGA spokespeople struggle to defend Trump's false economic claims amid historic job report revisions -- Trump lashes out on Truth Social accusing Biden appointees of rigging jobs data and demands firings while denying economic reality -- Trump claims he fired a government official over disputed jobs numbers and insists on having trusted personnel amid growing economic uncertainty -- A leaked DHS memo reveals plans to militarize immigration enforcement domestically, alarming experts about authoritarian risks -- Newsmax spins July jobs report disaster as "good news" ignoring massive downward revisions and recession fears -- On the Bonus Show: Trump attacks Charlamagne tha God, Tesla's brand loyalty plummets, Nancy Mace announces run for Governor of South Carolina, and much more... ⚠️ Ground News: Get 40% OFF their unlimited access Vantage plan at https://ground.news/pakman 🥐 Wildgrain: Use code PAKMAN for $30 off & free baked goods at https://wildgrain.com/pakman 🥦 Lumen lets you master your metabolism. GET 15% OFF at https://lumen.me/pakman 🔬 Freedom From Religion Foundation: Text DAVID to 511511 or visit https://ffrf.us/school 💻 Sponsored by Aura: Try it free for 2 weeks! See if your data is safe at https://aura.com/pakman 🔊 Babbel language learning: Get up to 60% OFF at https://babbel.com/pakman -- Become a Member: https://davidpakman.com/membership -- Subscribe to our (FREE) Substack newsletter: https://davidpakman.substack.com/ -- Get David's Books: https://davidpakman.com/echo -- TDPS Subreddit: http://www.reddit.com/r/thedavidpakmanshow -- David on Bluesky: https://davidpakman.com/bluesky -- David on Facebook: http://www.facebook.com/davidpakmanshow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	You know, you can really only bluff for so long and eventually the economy is going to call your hand.
0:14.6	And the July jobs report has just detonated whatever was left of Donald Trump's economic talking points.
0:22.4	Only 73,000 jobs were added last month.
0:27.4	And even worse, previous months were quietly revised downwards 258,000 fewer jobs were created
0:37.3	in May and June than what was previously reported.
0:41.3	And the original reports weren't even very good.
0:45.2	So this is a very big problem for President Donald Trump.
0:48.7	And it turns out that the so-called booming economy that they said existed was a lie. It was propped up by bad data. And it was
0:57.6	propped up quite frankly by sort of blind hope that a tariff scheme that economists knew wouldn't
1:06.8	make sense would somehow not hurt the economy.
1:11.0	But the bottom is now falling out.
1:13.0	Donald Trump is completely losing it.
1:16.2	Went on truth, social, screaming about rigged numbers, blaming everybody but himself, ultimately
1:23.5	firing the person in charge of those numbers.
1:26.2	We'll get to that in a moment.
1:28.0	But the numbers don't care.
1:30.1	The market reacted after news of this.
1:33.1	The Dow down nearly 600 points, S&P down 1.6%, NASDAQ down more than 2%.
1:41.5	And regular people, meaning just voters, are living the consequences of what's
1:47.3	going on.
1:48.3	You look at polling.
1:49.8	New poll shows 6 and 10 Americans blame Trump for the continued high cost of living.
	...

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