Jobs numbers are down and so is the stock market.

I'm Virginia Allen and this is the Daily Signal Top News for Friday, September 6th. The latest jobs report came out this morning and brought with it some disappointing news.

Employers added 142,000 jobs in August, but economists had anticipated more.

This is the second month in a row that jobs numbers were down,

so what exactly is going on here?

Here with us to discuss is the director of the Heritage Foundation

Center for the Federal Budget

Richard Stern.

Richard, thanks for being with us.

Oh, it was a pleasure.

Thanks for having me on.

So Richard, explain what exactly is happening here.

Why are these jobs numbers so much lower than professionals had anticipated?

Well you know this is what happens whenever the government tries to

strangle the economy is that things start breaking you usually can ever predict exactly when they

would break and if you are that good of doing that you're one of a handful of

people who makes a lot of money in the stock market and doesn't lose it

immediately so you know what's happening here right is that the market and doesn't lose it immediately.

So, you know, what's happening here, right, is that the economy has been struggling under

more regulations, more taxes, more government spending and money printing, which is causing

the inflation that everyone's been seeing. of

the spending and money printing which is causing the inflation that everyone's been seeing and has been harming everybody's pocketbooks.

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