Biden’s Terrible Jobs Report as GDP Predictions Revised

The White House is reeling after a terrible jobs report and we look at the numbers. ​

🔵 Biden Administration squirming after a bad August jobs report showing only 235,000 new jobs out of an expected 720,000.​
🔵 President Biden addresses the shortfall by relying on prior months’ numbers in aggregate.​
🔵 Review of the jobs numbers over the pandemic era.​
🔵 Is this a sign of economic trouble? Major players like Goldman and Morgan Stanley downgrade their GDP expectations.​
🔵 Did the pandemic break the Fed models? New York decides to hide the data – why?​
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