This is insane:
— The Kobeissi Letter (@KobeissiLetter) August 1, 2025
We must received some MASSIVE downward jobs revisions.
May’s jobs report was revised down by 125,000, from +144,000 to +19,000.
June’s jobs report was revised down by 133,000, from +147,000 to +14,000.
That’s 258,000 jobs that just vanished from the data in 2…
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Why does.the Trump labor department feel it’s as necessary to LIE about the jobs picture as Biden did? Seriously, the government is aware of EVERY PENNY that moves in the legitimate labor market. After all, they are STEALING THEIR CUT from everyone.
Because it was Biden appointees who are still manipulating the numbers. I guess they all got fired today.
I would guess it has something to do with the deportation process.
There lies, damned lies, and then there are government statistics…
You are correct Joe. What makes me laugh is everybody called this same type of stats and revisions under Biden lies and not believable but hail them under Trump, until proven lies.
It’s all fake and ghey.
All you have to do is talk to anyone on the street to know what the economy is like.
The government lies, the politicians lie, the news media lies. Forever.
These revisions lead me to think that the Biden administration was a bunch of rank amateurs when it came to playing the numbers game.
Somebody better fire that jobs reporter.
Maybe they can include the kids that mow lawns and babysit.
Maybe we can slap a tariff on American businesses that don’t hire enough people. All we need is for every American business owner to hire one new employee each month, better yet, each month take a full time employee and make them part-time and then hire another part-time employee to take up the slack. That should make us the richest country in the world!!! Yea!!! What a deal maker.