Black Wednesday?

We Fix Bad Jobs Reports

This morning Peter Navarro, Trump’s erstwhile trade advisor cautioned us about the expected jobs report that comes out tomorrow, “We have to revise our expectations down significantly for what a monthly job number should look like. Wall Street has to adjust for the fact that we’re deporting millions of illegals out of the job market.” In reality less than 250,000 people have been deported so far.

I think that the shenanigans that have been passed off as economic policy by this administration are beginning to come home to roost. After a year of Taco’s on-again/off-again tariffs it is a wonder that we are not in worst shape. Just this week he announced ownership of the so called “Trump economy.” This hopefully is the last time he will blame everything on Biden, but I doubt it.

Foreshadowing, as Navarro has done, tomorrow’s jobs report is illegal, but how can you expect a convict, working in a felonious crime family to stop criming. Anyway, I got paid. I made $14.20 for last month’s jury duty, eleven dollars a day plus travel peridium. Most of the job cuts are expected in healthcare, once a shining beacon, but with the last year’s cuts to Medicaid, now not so much.

Whatever the number will be, they have got to be bad. Else why risk be sent back to jail. The question is how bad will they be? It is hard to say, what with the way that they have been cooking the books since last September. So much faith has been placed into the Dow, what with its current record high that no thought is given to how quickly its edifice can collapse. What goes up, comes down.

2 thoughts on “Black Wednesday?

Leave a Reply