ALFREDO ORTIZ: Want To Know How Bad The Biden-Harris Economy Really Is? Just Ask Small Business Owners
The Biden-Harris administration job report The Federal Reserve made the request on the eve of the election, breaking with longstanding tradition. lower interest rates Increase by 50 basis points to stimulate the economy. More than 250,000 jobs were created in September, and the unemployment rate fell to 4.1%. (Related: Larry Elder: Price controls are bad […]
ALFREDO ORTIZ: America’s Labor Market Is Already Showing Cracks. Kamala Harris Would Shatter It Into Pieces
Friday's jobs report revealed accelerating weakness in the US economy. Just 142,000 jobs were added last month, below expectations. Half of the new jobs were created in the unproductive government or quasi-government health and human services sector. The number of Americans with second jobs is at a record high of 8.2 million. The number of […]
ALFREDO ORTIZ: Harris’ Price-Gouging Push Shows She’s Not Ready to Lead
Vice President Kamala Harris, who launched a narcissistic celebrity campaign last month, has finally Soaked her We'll get into policy on Friday. A centerpiece of her economic policy is opposition to price gouging. It is called He called for a federal ban on unfair food price gouging within his first 100 days in office. Harris […]
ALFREDO ORTIZ: Kamala Harris Is A Threat To Entry-Level Jobs
The U.S. job market has been in a steep decline as the cost-of-living crisis that continues under the Biden-Harris administration has dried up the consumer funds that drive the economy. according to Friday's jobs reportJust 115,000 jobs were created in July (compared to 67,000 in the more accurate household survey). This is well below expectations […]
ALFREDO ORTIZ: December Jobs Report Is Cold Comfort For Main Street America
Friday's job report shows that December's top-line job creation surprised on the upside, but as always, digging deeper into the numbers reveals that the labor market is much weaker than it appears. It started with a downward revision of 71,000 jobs for October and November, marking the 10th downward revision of job creation in the […]
ALFREDO ORTIZ: Bidenomics Is Pouring Cold Water On The Labor Market
friday’s employment Bidennomics and Bidenflation show that the labor market is softening. Only 187,000 jobs were created last month. That was lower than expected, 40% below the 12-month average and the lowest level since the pandemic. Last month’s employment growth was also revised down significantly, fading the luster in the recent jobs report. Average wage […]
