Good day all. A couple of weeks some really bad economic news came out regarding jobs and the stock market took a serious nose dive. This is on top of the massive Bidenflation we’re experiencing. The negative jobs report is political bad news for the Democrats and they are looking for anyone else to blame.
This brings us to Kackling Kamala. She is grafted at the hip to Joe Biden and Bidenomics. The economy could be slipping into a recession at the worst possible time for the appointed Democrat presidential nominee. Kackling Kamala’s response to all this bad news? It’s all Trump’s fault! Here are the details from Fox News:
Vice President Kamala Harris’ campaign is blaming former President Trump for the latest negative jobs report — nearly a full term after he left office.
“Donald Trump failed Americans as president, costing our economy millions of jobs, and bringing us to the brink of recession,” Harris for President spokesperson James Singer said in a statement.
“Now, he’s promising even more damage with a Project 2025 agenda that will decimate the middle class and increase taxes on working families, while ripping away health care, raising prescription drug costs, and cutting Social Security and Medicare — all while making his billionaire donors richer.”
Umm, OK, it looks like Kackling Kamala may have gotten into Dementia Joe’s meds. President Trump has been out of office for almost four years. (We intend to correct that situation in November) He has had zero ability to affect the economy. The people responsible for the mess we’re looking at is Dementia Joe Biden and Kackling Kamala Harris with a major assist from the Democrats in Congress.
Singer said Harris “will make building up the middle class the defining goal of her presidency, taking on greedy corporations that are price gouging consumers, banning hidden fees, and capping unfair rent increases and drug costs.”
So Kackling Kamala, the blow job queen intends to move to a soviet style command economy? She intends to impose price controls? She wants to repeat all the failed economic theories from the past?
The Harris campaign’s comments come as U.S. job growth cooled sharply in July while the unemployment rate unexpectedly rose to the highest level in nearly three years.
The Labor Department on Friday reported that employers added 114,000 jobs in July, missing the 175,000 gain forecast by LSEG economists. The unemployment rate also unexpectedly inched higher to 4.3% against expectations that it would hold steady at 4.1%.
It marked the highest level for the jobless rate since October 2021.
As James Carville once and continues to say, “It’s the economy stupid!” When President Trump left office, we were starting to pull out of the stupidity of the Covid-19 lock-downs. Then in came the worst president in American history. He and Harris promptly moved to destroy tens of thousands of high paying, and in many cases, union jobs. Then came all the stimulus spending, which was basically a pay off to all the Democrat donors. The people hurt by the Biden and Harris polices are the very people that Harris claims she wants to help. The only people doing well in the Biden/Harris economy are rich Democrats.
Friday’s report adds to mounting evidence that the economy is weakening in the face of ongoing inflation and high interest rates. Stock futures plunged as the report reignited fears of an impending recession, with Dow futures shedding more than 500 points.
At one point, I saw the Dow down over 800 points. Since this was Friday, it will be interesting to see if the market recovers. I don’t expect it to, but who knows?
The weaker-than-expected data also raises questions about whether the Federal Reserve has waited too long to cut interest rates. Policymakers voted at the conclusion of their two-day meeting on Wednesday to hold rates steady at a 23-year high but signaled that they could start loosening policy as soon as September.
The Federal Reserve is one of the reasons we have an inflation problem. Those incompetent idiots think they’re geniuses, but they’ve caused almost every recession since the Great Depression. Of course, Biden and Harris, well Harris since Biden doesn’t know what day of the week it is, refuse to accept the blame for their bad and failed policies. President Trump knows just where the blame lies.
The Trump campaign blamed the Biden-Harris administration.
“Kamala Harris has proudly and repeatedly celebrated her role as Joe Biden’s co-pilot on ‘Bidenomics,’” Karoline Leavitt, Trump Campaign National Press Secretary, said in a statement. “She cast tie-breaking votes in the Senate for spending that put inflation on steroids, and despite the evidence that America’s working families are hurting she tells us these failed plans are working.”
She added: “The basic necessities of food, gas and housing are less affordable, unemployment is rising, and Kamala doesn’t seem to care.”
Kackling Kamala doesn’t care. She is one of the “1%” that was a big thing about 10-15 years ago. Anything that wasn’t handed to her, she simply spread her legs to get. Harris doesn’t have a clue how to fix the mess she helped cause other then mouth socialist platitudes. I think it’s a safe bet that President Trump’s campaign is going to hang the bad economy around Kackling Kamala’s neck.
I hope he takes her attempt to blame him for her mess and hammers her with that as well. He should start by asking a question. “Vice President Harris. What is your plan to fix the economy you have helped break for the last four years?”
Thatisall
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