September 02 2024
This Labor Day, hard-working Americans struggle to make ends meet- That's Kamalanomics.
As inflation soars, wages stagnate, and credit card debt hits historic highs, millions struggle to make ends meet. Meanwhile, interest rates skyrocket as Kamala Harris pushes for taxes on unrealized capital gains, an inflationary subsidized housing plan, and Soviet-style price controls—all while promoting a false narrative of economic success and fudging the numbers from the Department of Labor.
Look no further than the latest Bureau of Labor Statistics (BLS) announcement that the Administration has been fudging the jobs reports- egregiously overestimating the number of U.S. jobs added, falsely claiming the creation of 818,000 jobs that simply do not exist. The stunt required the BLS to issue the largest downward jobs revision in 15 years—raising serious concerns about the credibility of any economic data coming out of this Administration. 1 Million disappearing jobs illustrate either sheer incompetence or just how low the Biden-Harris administration is willing to go to cook the books in an attempt to gaslight the American people about their failed economic agenda.
MAKE NO MISTAKE: Hard-working Americans see through these manipulated numbers because they feel the pain of Kamalanomics first-hand every single day.
THAT'S KAMALANOMICS:
- Worst inflation crisis since the 1980s, costing families nearly$28,000 since 2021.
- Overall prices and cost of gas and groceries have skyrocketed by DOUBLE DIGITS.
- Gas is UP 50%, Food prices are UP 21%, Electricity is UP 32%, Car insurance is up 54%
- MORE THAN 1.2 millionAmericans are unemployed compared to last year- while 1.3 million foreign-born workers gained employment.
- Home prices have skyrocketed by 39 percent, making the American dream of owning a home impossible for many families.
- Mortgage payments have risen by 96 %, doubling in the last four years.
- MAXED OUT: Americans Hit Record Credit Card Debt at $1.13 TRILLION.
- Families are PAYING MORE and MAKING LESS.
- Under Comrade Kamala, real average weekly earnings have dropped by 3.9%. Under President Trump, these earnings increased by 8.2%.
- Nearly two-thirds of consumers now live paycheck-to-paycheck, and 3 in 5 Americans think the economy is already in a recession.
Kamala Harris promised the American people this week that her values have not changed- which is bad news for American workers and small businesses. But rest assured help is on the way- without question, Americans rightfully trust President Trump to handle the economy and inflation over Harris.