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The MeidasTouch Podcast

Trump Smothered by Awful News on Friday from Hell

The MeidasTouch Podcast

MeidasTouch Network

Politics, News

4.812.9K Ratings

🗓️ 2 August 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

MeidasTouch host Ben Meiselas reports on Donald Trump’s nightmare Friday as he gets disastrous news that he is crashing the United States economy as one of the worst job reports ever was released. Visit https://donewithdebt.com and talk to a strategist for FREE! Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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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