Labor Departments’ 818K disappearing jobs reveals Biden’s economy lie

“Bidenomics is working,” Kamala Harris and the rest of the administration told America for months, abandoning that line only when polls consistently showed it wasn’t working, even as their media allies pointed to various economic stats to argue that the public was simply wrong.

And now that she’s the Democratic nominee, Harris has switched to insisting she’ll fix everything, though the details remain beyond sketchy and she has yet to announce a single break from the Biden policies of the last 3½ years.

And last week brought news that, in at least one key area, the public was right and the stats were wrong: The Bureau of Labor Statistics revised its count of jobs added from April 2023 to March 2024 down by 818,000 — the largest downward revision since 2009.

That brought the total estimate of job gains over those 12 months from 2.9 million to 2.1 million, nearly 30%.

And when a reporter asked Commerce Secretary Gina Raimondo about the grim news, she answered with the nuance characteristic of the Democrats who’ve presided over so much economic pain: “I don’t believe it” because the reporter had asked for her to respond to a clip of Donald Trump citing the stats.

That is: One of the top Dems when it comes to economic policy didn’t know about a major piece of economic news, and fell back on Orange Man Bad.

No wonder the Biden-Harris economy stinks.

Of course, the public has many reasons to see the economy differently that the statistics the Democrats’ cheerleaders cite: Add in, for example, the fact the employment growth Biden-Harris actually produce is largely jobs in government or in federally-funded health care.

People know, too that prices for groceries, gas and other basic goods have soared in the Biden-Harris years, while credit-card debt has hit record highs.

Three in five Americans say they believe the United States is in a recession.

Democrats and their press cheerleaders have dropped the “don’t believe your lying eyes (or bank accounts)” line of defense.

Instead, they’re trying to memory-hole the entire Biden presidency, as if switching out Joe for Kamala — but offering the exact same economic approach — will somehow produce better results.

Seriously: Accepting the nomination last Thursday, Harris vowed she would “grow our economy ” and “lower the cost of everyday needs like health care and housing and groceries.

What’s her plan to do this? Another $1.7 trillion in new spending plus $5 trillion in new taxes.

The only new policies she’s announced are copying the Trump “no tax on tips” idea and the JD Vance “boost the child tax credit” proposal.

Oh, and a flirtation with Sen. Liz Warren’s price-controls agenda, though (once even liberal press slammed the idea) her aides “clarified” that Harris didn’t really mean much by that.

Joe Biden’s economic policies were Democratic Party orthodoxy, and a President Harris’ would be, too, even if she imposes them with more “joy.”

Average Americans know they and their neighbors prospered in the Trump years but got slammed after the Democrats took over.

And, as Charles Gasparino puts it, “Harris has no clue how to run a $25 trillion economy. If she did, we would have heard about it by now.” 

Jobs and the economy are voters’ top concern, and all Harris and her party offer are “vibes.”