Joe Biden on Friday delivered remarks on the May jobs report from Rehoboth Beach, Delaware.
Quick recap of Biden’s speech: Putin price hike, Putin’s fault, Trump’s fault – but we have the best economy ever under my leadership.
Biden took off to his beach house in Delaware Thursday evening amid multiple crises.
The May jobs report signaled a slowing economy.
Friday’s Non-Farm Payroll report from the Bureau of Labor and Statistics (BLS) showed better initial numbers than expected for May but continues a trend of slower recovery for the U.S. economy in a season of record-high inflation.
The report was expected to show that 350,000 jobs were added last month, with an unemployment rate of 3.5%. The numbers were expected to be a minimum of 25% reduction behind April’s job growth. Thursday’s monthly report from ADP showed the lowest job creation since the COVID-19 pandemic.
Friday’s report from BLS showed that the U.S. economy added 390,000 jobs in May, which is roughly a 10% reduction from the month prior.
Real wages continue to decline and families have an average of $9,000 less savings, yet Joe Biden lied to the American people on Friday and said “savings are up.”
Joe Biden muttered through his remarks and absurdly claimed there has been enormous progress made on the economy.
Biden attacked Trump and refused to take responsibility for high inflation rates.
Biden’s gaslighting was on another level on Friday.
Joe Biden: “We aren’t likely to see the kind of blockbuster jobs report month-after-month like we had over this past year, but that’s a good thing. That’s a sign of a healthy economy,” said Biden.
There was never any “blockbuster” jobs reports under Joe Biden.
People going back to work after Democrats and RINOs forcefully shut down businesses is not job creation.
God help us.