Welcome back in our number two Friday edition. I hope all of you are having a great early start to your weekend wherever you may be across this great country or this great land.

I am Clay Travis, Buck Sexton, out sick. You may have heard him yesterday fighting through it.

He, like Joe Biden, has a cold and Buck should be back on Monday, rolling with us.

I encourage you to download podcasts. Make sure you don't miss a single moment. Lots of great stuff all throughout the week and we appreciate you helping us set an all time podcast download record in November.

We want to do the same in December. We are joined now by Monica Crowley, former assistant Treasury secretary under Donald Trump.

I want to start right off the top here with the massive miss when it came to new jobs and expected number of 573,000 came in at 210,000. Why do you think that is?

Thank you so much for having me. It's great to be here. We got another huge disappointment in the jobs report for the month of November and actually over the last four months, three out of the last four clay have been disastrous.

Starting in August, September and the November, October was sort of a more positive report, but even that is being revised a little bit downward.

So it's clear now we're we're back into a downward trend. It's also clear that the labor crunch that we have seen essentially since Biden became president is still in full effect.

And there are a number of reasons why we're not seeing jobs take off. The first thing is that, you know, during the emergency last year, President Trump made the very difficult decision to do a whole fail shut down of the US economy.

And that was warranted because we had no idea what this virus was or how it was going to behave in the whole world was shutting down. So there was no way that the United States could be the only country not shutting down before we had a real handle on what this was all about.

So when we did that, the government also understood that it needed to step into the breach. So we had to do this emergency level spending and create all of these programs to get American workers and businesses through the most acute period of crisis.

Well, that being said, the crisis is now over. The emergency has long gone clay, but you've got unified democratic control in Washington between the White House and Capitol Hill. And what they have done is maintained emergency level spending absent the actual emergency paying people more to stay at home than to go to work.

And I don't care who you are. Most people are economically rational. And if you pay more to stay at home, then go to work. That's exactly what they're going to do.

The other thing to I think, which is why over the last few months, you've seen such a very soft labor market is these vaccine mandates. Certainly in October and November, when the discussion really started ramping up about putting all these vaccines,

and the facts mandate since place, you've seen a lot of people get fired and you've seen a lot of people very hesitant to get the shots. So now their futures are very uncertain.

They're leaving the labor force somewhere coming back in. We've seen an interesting dynamic there, but I think government policy is really continuing to have this big wet blanket over the labor market.

I'm asking to think about the difference between I started off the show talking about this Monica red state recovery economically versus blue state recovery.

While Biden is trumpeting the success of his policies, really it's red state America that is successful. If everybody looked like blue state America right now, where

the numbers I have in front of me right now, I mean California still has a 7.3% unemployment rate New Jersey has a 7% unemployment rate New York 6.9%.

These are the states that are most aggressively embracing Joe Biden's economic policies and they're failing relative to the Florida's the Texas is the Alabama's the Tennessee's of the world.

Yeah, in fact 17 of the top 20 states for job recovery. We're not talking about job creation here. We're just talking about job recovery post pandemic.

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