Gary Bauer's End of Day Report

08-01-2025
Democrats and their fake news media allies will have a field day with the latest jobs report. The Department of Labor reports that 73,000 jobs were created in July. But something is deeply wrong in the federal bureaucracy that is supposed to provide policymakers with accurate data on the status of the economy. The job creation figures for June were revised down from 147,000 to just 14,000 jobs. The May report was revised down from 144,000 to 19,000. In other words, the May and June figures were slashed by 90%! How can they be that wrong? Any private sector employee whose projections are off by 90% would be fired immediately!