4.8 • 12.9K Ratings
🗓️ 2 August 2025
⏱️ 15 minutes
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1:00.1 | Just awful news for Donald Trump and also what Trump has inflicted on the country on this Friday. |
1:06.6 | A horrible jobs report well below expectations, but it gets worse. |
1:12.7 | Only 73,000 jobs were created in July, and those jobs come from health care and social |
1:20.9 | assistance in all other areas really like manufacturing jobs were not gained. |
1:26.5 | I think 26,000 or so manufacturing jobs were lost. And |
1:30.9 | healthcare and social assistance are the exact jobs also that the disastrous budget bill is set |
1:38.2 | to kill. But what makes this jobs report devastating and even worse, And as I predicted here on the Midas Touch |
1:46.0 | network, you know those May and June job numbers? Well, those were all fake. Fugazi. I like to say |
1:54.5 | fraudulent. Remember the June report that Donald Trump said 147,000 jobs were created. And remember, I said, no way that could |
2:04.1 | have happened because the ADP private payroll was down 33,000. And I just said Trump just picked |
2:10.1 | the number 47 because he's the 47th president. Well, when we follow the data, it turns out we were |
2:16.0 | right. There was a downward revision of May and June of 258,000 jobs. |
2:24.8 | That's the biggest downward revision. That means the government basically lied to us by 258,000 jobs. |
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