The worst jobs report since the pandemic is a sign of things to come if Americans give Kamala Harris a second term.
The economy only added 12,000 jobs last month, and if anything, the economy is even weaker than the topline number suggests.
Government jobs actually increased by 40,000 last month, so excluding these non-productive positions, the labor market contracted. Manufacturing jobs fell by 46,000, and prior months’ job creation was revised down by 112,000.
The quits rate also plummeted to Obama-era levels, showing just how nervous American workers are in the Harris economy.
Harris’ plan to enact the biggest tax hike in U.S. history, targeted squarely at small businesses, would be the final straw for the labor market and economy barely hanging on.
But we don’t need to cherry-pick a single month. The Biden-Harris labor market over its entire term hasn’t come close to matching Donald Trump’s.
Excluding the COVID-19 pandemic job loss and bounceback, President Trump created 6.5 million jobs over his term versus 2.8 million by Biden-Harris.
What’s unique about this election is voters don’t have to judge candidates’ rhetoric. Because Trump and Harris made up the last two administrations, voters can simply look at their records to see whose was better and who they should reward with a second term.
And on every major issue that matters to Americans, the Trump administration doesn’t just beat the Biden-Harris administration, it blows them out of the water.
Consider how real wages actually declined under Biden-Harris due to the historic 20.5% inflation that has caused a cost-of-living crisis for ordinary folks. Meanwhile, the average new monthly mortgage payment was more than $1,000 higher under Biden-Harris than Trump.
Elite pundits wondering why Americans are so glum about the economy merely need to look at these three metrics — historic inflation, declining real wages, and astronomical housing costs — to get their answer.
In contrast, under the Trump administration, real median household income growth surged, growing by 10.5% or $7,700 between 2017 and 2019.
Hispanic incomes grew ten times faster in this period compared to between 2021 and 2023 under Biden-Harris, while black incomes grew nearly twice as fast. No wonder Trump is doing so well with minorities.
The price of gas was a dollar per gallon less on average under the Trump administration. This is thanks to an energy dominance strategy that increased oil production by 3.3 million barrels a day – a level that the Biden-Harris administration barely improved upon.
Left-wing economists and interest groups claim a second Trump presidency would explode the deficit. But in reality, Trump’s average annual deficit between 2017 and 2019 was $810 billion, less than half the $1.63 trillion average Biden-Harris between 2022 and 2024. (We’ll give each administration a one-year deficit pass for the 2020 and 2021 COVID years.)
Trump’s outperformance on these issues is reflected by American small business owners who are on the front lines of the economy. JCN’s national poll of small businesses finds respondents support Trump over Harris by 12 points.
How could any independent voter look at these numbers then pull the lever for Harris? It’s certainly possible that some voters are falling prey to Harris’s billion-dollar messaging machine.
But the truth is, Harris is a policy phony. She changes her positions (and accents) based on whom she’s addressing. She was for a fracking ban, Medicare for All, the Green New Deal, confiscating guns, and illegal immigration before she was against them.
She can’t name one thing she’d do differently than President Biden. Like him, Harris is a vassal and a vessel for leftism.
Voters should ignore Harris’s gauzy rhetoric and PR rebrand and focus on her record, including the American labor market that has stalled out right before the election.
As the saying goes, “The best predictor of future performance is past success.” If this is true, the choice facing voters this election is obvious.
Alfredo Ortiz is CEO of Job Creators Network, author of “The Real Race Revolutionaries,” and co-host of The Main Street Matters podcast.
The views and opinions expressed in this commentary are those of the author and do not reflect the official position of the Daily Caller News Foundation.
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