Trump Kills His Last Chance with Biggest Blunder Yet
Legal AF by MeidasTouch
Meidas Media Network
4.9 • 6.1K Ratings
🗓️ 4 August 2025
⏱️ 10 minutes
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| 0:00.0 | 48 hours ago, the Commerce Secretary Howard Lutnik declared out loud that this was now officially |
| 0:04.4 | the Trump economy. Trump owns the economy, Lutnik said. We can now call it Trumpinomics. And then came |
| 0:11.3 | the job numbers. And more importantly, came the Bureau of Labor Statistics who revised the job numbers |
| 0:18.1 | from May and June and July. And the bottom fell out of the Trump-owned |
| 0:23.1 | economy. |
| 0:24.3 | 258,000 jobs, poof, disappeared from the statistics because they were fake numbers when Donald |
| 0:30.8 | Trump first pushed them. |
| 0:32.4 | So instead of whatever numbers he was touting in May and June, he only made 19,000 new jobs in June, |
| 0:39.7 | 14,000 new jobs in May, and allegedly in July, 73,000 jobs. |
| 0:45.7 | But that's subject to revision. Well, Donald Trump didn't like that, because it indicates |
| 0:49.5 | exactly what the central banker, the Federal Reserve Chairman Jay Powell, has been saying all along |
| 0:54.6 | that job numbers are important to deciding whether rates should be cut, that inflation is important, |
| 1:00.9 | that consumer prices going up is important, that the immigration policy of Donald Trump is |
| 1:05.4 | important, that tariffs are important, and he wasn't ready to cut rates. And now we see why. |
| 1:10.2 | Because just, just two days after the Fed |
| 1:13.5 | decided to hold rates steady, we now know why. 258,000 jobs disappeared. Donald Trump's reaction, |
| 1:20.8 | fake news, fake numbers. Get rid of this Biden appointee. Okay, let's back up. And let's look at the person he just |
| 1:30.1 | fired because he didn't like the numbers. Fire the messenger. Erica McIntyrefer is a very |
| 1:38.4 | well-respected economist. She worked for the Biden administration. She worked for the Trump administration. She worked for the Obama administration. She worked for the Biden administration. She worked for the Trump administration. She worked for the |
| 1:46.5 | Obama administration. She worked in the U.S. Department, the Census Department or the Census Bureau. |
| 1:52.3 | She worked for the Census Bureau for Donald Trump. So to say she's a Biden appointee, I think, is a stretch. |
| 1:58.9 | Plus, when she was confirmed by the Senate, there's a novel idea. |
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