{"id":38887,"date":"2025-08-02T01:55:07","date_gmt":"2025-08-02T01:55:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/38887\/"},"modified":"2025-08-02T01:55:07","modified_gmt":"2025-08-02T01:55:07","slug":"trump-cronies-cope-up-a-storm-over-disastrous-job-numbers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/38887\/","title":{"rendered":"Trump cronies cope up a storm over disastrous job numbers"},"content":{"rendered":"<p>Conservative pundits and officials scrambled on Friday to downplay the Trump administration\u2019s<a href=\"https:\/\/www.dailykos.com\/stories\/2025\/8\/1\/2336232\/-New-jobs-numbers-hints-at-Great-Recession-2-0\" target=\"_blank\" rel=\"nofollow noopener\"> latest lackluster jobs report<\/a>. Over at Fox Business, the crew was doing their darndest to spin how the <a href=\"https:\/\/www.dailykos.com\/stories\/2025\/8\/1\/2336254\/-Thanks-Trump-Stock-market-tanks-amid-new-tariffs-and-crappy-jobs-report\" target=\"_blank\" rel=\"nofollow noopener\">stock market tanking<\/a> wasn\u2019t too concerning.<\/p>\n<p>\u201cWell, I mean, Steve, no wonder the market was down 300 points going into this number. Look at these revisions?\u201d said Fox host Maria Bartiromo to Stephen Moore, Trump\u2019s former pick to head the Federal Reserve and well-known <a href=\"https:\/\/www.dailykos.com\/stories\/2019\/3\/28\/1845954\/-Trump-s-pick-for-Federal-Reserve-is-a-tax-scofflaw-and-supply-side-snake-oil-salesman\" target=\"_blank\" rel=\"nofollow noopener\">supply-side snake-oil salesman<\/a>.\u00a0<\/p>\n<p>\u201cThere was a lot of turmoil. My point is that a lot of that turmoil is now behind us,\u201d Moore said.<\/p>\n<p>At the same time, <a href=\"https:\/\/www.theguardian.com\/us-news\/2023\/may\/23\/senator-john-kennedy-accent-louisiana-mexicans\" target=\"_blank\" rel=\"nofollow noopener\">pretend-folksy<\/a> Sen. John Kennedy, Republican of Louisiana, brought his own brand of homespun denial to Fox News. And you know things are bad when this guy starts spitting nonsense.<\/p>\n<p>\u201cEverybody in Washington now seems to be an economist. And some of them just don&#8217;t know what they&#8217;re talking about. Taking their advice is like, it&#8217;s like taking the advice of a nun about sex,\u201d Kennedy said, adding, \u201cI wouldn&#8217;t trade America&#8217;s economy for the economy of any other country.\u201d<\/p>\n<p>Despite all of the spin, the reality remains the same: Trump\u2019s trade policies are exactly as bad as <a href=\"https:\/\/www.dailykos.com\/stories\/2025\/4\/28\/2319339\/-Trump-still-thinks-his-tariffs-are-great-despite-literally-all-evidence\" target=\"_blank\" rel=\"nofollow noopener\">critics predicted<\/a> they would be. Costs for critical goods like <a href=\"https:\/\/www.dailykos.com\/stories\/2025\/7\/29\/2335723\/-The-cost-of-medication-is-about-to-skyrocket-thanks-to-Trump\" target=\"_blank\" rel=\"nofollow noopener\">medication<\/a> are set to rise, while <a href=\"https:\/\/www.dailykos.com\/stories\/2025\/7\/23\/2334776\/-Trump-deals-another-blow-to-American-automakers\" target=\"_blank\" rel=\"nofollow noopener\">manufacturing faces growing burdens<\/a>.<\/p>\n<p>But as things worsen, Trump\u2019s cronies may no longer need to spin bad numbers\u2014especially since Trump <a href=\"https:\/\/apnews.com\/article\/trump-jobs-firing-f00e9bf96d0110519be9bf4f3ec89195?utm_source=onesignal&amp;utm_medium=push&amp;utm_campaign=2025-08-01-Breaking+News\" target=\"_blank\" rel=\"nofollow noopener\">fired the official overseeing jobs data<\/a>. Soon the data may spin itself. <\/p>\n","protected":false},"excerpt":{"rendered":"Conservative pundits and officials scrambled on Friday to downplay the Trump administration\u2019s latest lackluster jobs report. Over at&hellip;\n","protected":false},"author":2,"featured_media":38888,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-38887","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/38887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=38887"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/38887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/38888"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=38887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=38887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=38887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}