Trump Has Catastrophic Friday After Disaster Reports

We just got one of the worst jobs reports in recent history.

“Although all of the jobs reports under the Trump regime have been pretty bad.”

So, Donald Trump right now is doing social media post after social media post saying, "I won the war, it must read, I'm the winner, Iran lost, I'll get to that in a moment." But let's look at this horrible jobs report. The U.S. economy lost 23,000 jobs in July, way below the expectations of around 80,000 to 90,000 jobs were expected to be gained in the month of July.

Also, major revisions in May and June. May and June reports were revised down by a combined 103,000 jobs, so 103,000 less than what was previously reported. The unemployment rate right now is 4.1%. Wage growth right now is 3.2%. With annualized inflation, 3.5% year over year.

And the only reason why it's 3.5%. Is because the memorandum of understanding temporarily brought it down from the force.

“But I think that's going to go back up very soon as well to around 4%.”

4.1% year over year inflation, which means that the wage growth is not in growth at all. It's being absolutely crushed by inflation, so people don't have any money to spend. It's why they're tapping into their savings and why you also see so many people on the brink of bankruptcy here in the United States. We have the lowest labor force participation rate since February 2021.

If you just look at the grim picture over the past 3 months, 6 months, 12 months.

And the average job gains overall since Trump's took office, I mean, we are at basically

no job gains at all. Or in many cases and in many sectors where in job recession territory, you can just see all of the negative print outs right here, all of the red, you don't want to be below that horizontal line right there when it comes to job creation. So with this horrible jobs, I mean, horrible jobs report, what are they saying on state

“regime media, how is Fox trying to spin this?”

It's ridiculous. Fox is saying this is great. This means that corporations will be able to make more money because they're getting rid of their shedding jobs. It helps their bottom line and it may at least temporarily stop the federal reserve from

raising interest rates because you may need to lower interest rates or keep interest rates the same. In order to try to spur job creation, although companies are not using the better lending ability to actually bring on more jobs, they're actually using it to build out data centers and to build out tech that replaces workers like AI.

But here's what they're saying on Maria Bartiroma show this morning.

It's really offensive and disgusting. And this is what people just completely hate about this Trump regime and these oligarch domination of the United States. Let's play this clip. Again, a disappointing job report, Dow futures weigh up doubling where they were before.

I'm going to continue to dig through to take where the jobs are and are not Maria. All right, thank you, Lauren, 23,000 jobs lost in the month of July. Louis, you wanted a week report, you got it. Was this too weak? No, not at all.

You know, when Palantir announced their earnings, they basically record earnings by decreasing

their sales force. So there's this AI practically movement or way and it's obvious what's happening. But no, this is great news. That's why the market's up. And now the vet has an unemployment mandate and this is great news.

And obviously, a lot of people just script for the workforce of unemployment rate. More from state regime media here as these numbers were being revealed, Maria Bartiroma and her co-host on this show refer to what's taking place as the Goldilocks story. So with this horrible jobs report, right, they're calling it Goldilocks, meaning just right.

It's perfect. This is exactly what we wanted. Folks, these people are really sickos, they're really vile, they're really evil. I'm not trying, this isn't like a debate, these are evil humans who hate us and they hate you.

Here, watch this for, watch this for yourself, it's crazy.

Yep, and we also have revisions actually for June and other revisions, Lauren, do you have those

numbers? June, Maria down by 37,000, may down by 66 combined 103,000 fewer jobs created in the months of May and June, Maria. And that is all about the market reaction today is all about what this means for the Federal Reserve.

“Louis Navillar, how do you want to allocate capital and this environment?”

Well, once again, we're talking about Goldilocks. A Goldilocks macro story. Yeah, you know, the last I looked, facts that was forecasting 47.4% annual earnings growth for the S&P this year, but that was before Palantir's blowout results. So we might, might hit 50% earnings growth on the S&P right now, that's unbelievable.

And you just can't ignore all these good earnings. In contrast, look at what's going on in Canada, Canada added 75,000 new jobs in July, and it's unemployment rate is the lowest in two years. And the Canadian stock market is doing good too. You could do both at the same time growing at a significantly higher percentage than here

in the United States. As Donald Trump says, "Oh, the Canadians are nasty, they're nasty."

50 first state, Canada is being led by someone who's a former central banker, lead central

banker in Canada and in England. And he is running the country efficiently. And that's not to say there are an issues, that's not to say it isn't hard. That's not to say the tariffs don't hurt everybody, including Canada. But he's doing his best and he's being transparent with the people and he's behaving like

a grownup. How about that? Here you have Kevin Hassett, not behaving like a grownup. He's Trump's national economic advisor. And he, this guy's like the biggest liar.

You've seen this come back before I show you a lot of videos with him.

So he comes out after all these horrible reports and he just tries to act like, "Well,

actually we had 100,000 jobs we gained." The only reasons you see these loss, he says is, "Government jobs were lost, illegal immigrants. We cut down on illegal immigrants," he said. And we've lost hospitality jobs because the world cup is over now. Really?

“So you expect us to believe this crap here play this clip?”

Perhaps number is out for July employers cutting 23,000 jobs last night. That's well below the number we're expecting to add about 80,000 unemployment rate did drop lower, 4.1% let's get a take on that now from the White House. Kevin Hassett, national economic advisor, director, sir, good day to you and thank you for coming back here.

Just give me a how do you read it, straight weakness, go. Yeah. So the strength is what we've seen before, construction workers, manufacturing workers and so on. The weakness in this number, we're really just two things government workers and sort of rebound from all the employment we got from the World Cup because the World Cup was ending.

It's a few throw out the World Cup of the government workers. We actually had a number that was about plus 100,000, which is about what we-- as I noted at the outset, more post from Donald Trump, 12 hours ago, two hours ago, he's posting this repeatedly. I must read, Donald Trump won the war in Iran, so that's where we're at.

“Do you realize how embarrassing this is for our country?”

I mean, think about what Iran thinks when they see Donald Trump post things like that. Trump won the Iran War, what do you think China thinks? What do you think Putin thinks? What do you think Kim Jong-un thinks? What do you think Xi Jinping of China thinks?

I'll tell you what, MBS and Saudi Arabia thinks Saudi Arabia just entered into a military alliance with Turkey. They already had one with Pakistan and they announced any strike on Saudi Arabia is a strike on Turkey and Pakistan in order to try to deter the Houthis because the Saudis believe they were protected by the US security umbrella, which doesn't exist anymore.

So now they need Turkey's help and Pakistan's help in order to try to stay off a Houthi attack with Saudi Arabia. People view the US as so utterly weak and unreliable. What do you even think the European Central Bank thinks when Treasury Secretary Besan unloaded all of these euros in order to prop up the Japanese yen without even telling

the European Central Bank? I just think the US screwed over the European Central Bank sold all of these euros to fund billions of dollars to prop up the Japanese yen to prevent the Japanese from selling American treasuries so that the yen doesn't fully collapse.

"Oh, it's Goldilocks, it's just right, it's Goldilocks!"

Pete Higgs at the Secretary of Defense who couldn't even run a small veterans-non-profit group without mismanaging it and now he's in charge of the defense department and he's calls it the Department of War, he posts, Trump won the Iran War, it's so damn pathetic, it's so damn pathetic! Trump gave an interview with Punch Bowl, that's a news entity that covers Capitol Hill,

and Donald Trump's main point on this Punch Bowl interview, data centers and everybody's backyard. That we need to put a data center right in your backyard, right in your community, it's liquid gold.

“If you want to be rich, Trump says, "Listen to him, you better have a data center," it means”

lower taxes for you, it means better quality of life, you need a data center in your backyard, as Donald Trump is invested in all of these data center and data center adjacent companies. He's such a sick, violent piece of, you know what I'm going to say, trash. Play this clip. It is centers going so, if I were a governor, I would one data center so badly, I'll cut

taxes. I mean, taxes are going to go way down because this is a tremendous source of income. Two more quick questions. We can't let China be to say this, you know, a lot of people think that the campaign that's being put on is being paid for by China, a lot of people.

And we have President Xi coming here in a couple of weeks and we're going to have a great time, but I've got to talk to him about it, but I don't blame him. We do things and they do things. But a lot of people think that because they are losing to us in a, one of more on Donald Trump saying data centers need to be put everywhere, let's play this clip.

I saw a Texas the other day sort of against data centers, I think it's a mistake. I'm not taking positions or I just think it's a mistake, because there are other communities that want it. When a community wants it, it means a lot of money is going to come into that. On sightly potentially.

Well, I don't think they're on sightly.

I mean, I'm looking at some of these data centers in most incredible buildings I've ever seen.

They go for two and a half, three miles, they're three miles by three miles. They're necessary for the tech now, but they are tremendously important for the economic communities. This is for Texas to say, noted data centers is a mistake. In the sense that it could be bigger than oil. I mean, data centers could be bigger than oil.

“You have to Texas oil and there are a lot of communities that want to bring them.”

And then Trump was asked a question about all of his stock trades and rich in himself to billions of dollars giving himself tax immunity and Trump's like, I don't know any of that. My little, my little boys handle that. My little kids, now he treats Eric and Don Junior, like there's some like little children

running around. These are grown adults who are clearly involved in my opinion in these various machinations and schemes with Donald Trump. They're good kids. They're good kids.

If Donald Trump says they're good kids, we know that these are the worst, most of all sick things. And they carry the sickest, most disgusting last name imaginable that will go down in history to be the most despicable, stained word imaginable Trump here. Play this clip.

“But they want to do a bill and in the bill, they want me to be different than everybody”

else. So you're against that. I don't mind putting it in a blind trust. I don't run my stuff anyway. I let my kids run it.

And I never talked about things.

If they want to go into it, you know, then I've involved in government. I don't talk to them about government. I've never talked about much other than to say, I love you kids. They're good kids, but we don't want to see China take over crypto. I don't want to see China win with AI.

Now, I found this notable as well. This didn't get a lot of attention. Then Trump will be hosting mining CEOs as the regime seeks minerals for defense supply chains. They're doing a mining CEO meeting, right?

That's what they're doing, mining CEOs. While the American people are in a jobs recession, the mining CEOs are coming to town. And the regime media says that we're in a Goldilocks economy and things could not be any better right now. Let me show you this clip of Trump before I get into this article where he says the economy,

he should get a 150% mark that the economy is not just 100%, it's a 150% good here. Let me just play this. Then I'll go into the mining CEOs here. Play this clip. And this, because of me, Biden was against all this, I don't think Biden had any idea

what it was, what it was, but our country right now is doing better than it's ever done. When I see polls on the economy, I should have 150% not 100% because we have the greatest.

been built. And we're really, we are literally in the Golden Age of America.

And no, it's notable, though, when I looked at this mining CEO article and ground news. And it's being mostly covered on the right. And by the way, this is one of the reasons that I use ground news. And it's a research tool that I use every morning when I prepare these videos. And they're probably the best tool I use to help me stay objective in my reporting.

You see, ground news is an app and a website that pulls and thousands of articles from around the world. It organizes them by story to show you how the left center and right are framing the story differently. It shows you if corporate conglomerates are behind the story. If independent media is behind the story. And let's you compare reporting on the same issue in one place from different sources.

So you can draw your own conclusions like in the article I just shared with you.

I was surprised. There's no one on the left covering that these mining CEOs are heading to the White House at the same time. Trump has just made our economy as horrible as it's been with this horrific jobs recession taking place. I think that deserves, I think that contrast deserves the right amount of attention. Ground news has this dedicated blind spot feed.

It's a personal favorite of mine, which highlights stories being disproportionately covered on either side of the political aisle. Look, I believe in ground news so much and I use it so much. We're going to offer you 40% off the same vantage plan that I use for my research. So just go click the link in the description or go to ground.news/mtn or scan the QR code up here. It's one of the biggest discounts they've ever offered.

“If you want to support this channel and get a clearer understanding of the world,”

try out ground news, go to ground.news/mtn or you can hit that QR code. Now, in that same interview with Punch Bowl, Donald Trump said Iran is begging to make a deal. They're begging to make it. But I thought you won. Donald haven't even posted that you won. You're playing this clip. I just like that again, and I'll destroy this country.

You said yesterday you spoke up, you just talked about Nevada. You said yesterday gas prices are correct me. If I'm wrong, they might go up again a little bit. You said, no, no, that's only if I have to do another hit. Okay. So I mean, they'll only go down or if we make a deal, they want to make a deal.

They want to make a deal. Look, it's obvious. They don't want to be hit. Okay, they want to make a deal. So we'll see.

“Because you're seeing now, Treasury Secretary Bessent is out there saying, you know what?”

We don't even need the straightive or moves anymore. He says, "In just a few years, the straightive or moves will just be another body of water." And I would say that more than 50 or 70% of the energy is now going through underground pipeline. So this is, again, this is how they surrender. This is how they change the gold post, right?

So now, the straightive or moves doesn't even matter, right? Because Iran and Oman are about to make a deal where Iran controls the straight. Now, it's just another waterway. We don't even need it. It's irrelevant. It's irrelevant. Do you see how these con artists, these Bernie made off, these scammers act? Now, we don't even need the straightive or moves.

It's just a body of water. We don't even need the red sea. It's just a body of water. We don't need any strikes.

“The straightive, your broader. We don't need any strikes, okay?”

We may have needed strikes in the prior and magistrate. But now we're beyond strikes. Because we figured, we all have a plan. And don't actually look at the data, which shows that jobs are being lost. Let's just say we're in a gold-deluxe economy. And things are just right. Watch what this mile thinks says here play this clip.

Some who've speculated the straight will never go back to being the way it was before.

What would you say? I would say, I think they're saying that in a doomsday sort of way. I would say it in another way. The straight is never going back to the way it was, because the Iranians have used or tried to use it as a choke point. What we are going to see over the next two years, the straight's going to become irrelevant. It is going to become just another body of water.

And I would say that more than 50 or 70 percent of the energy that moves through the straight now is going to go through underground pipelines. And then Benson says his foot is on the throat of the people in Iran. And they're really struggling right now. And everybody's scared of us playing this clip. We're never going to let him have a nuclear weapon. They, we had epic fury which was the

kinetic portion. At treasury, we did economic fury. What goes little publicized is on the kinetic side. Air force is wiped out. Navy is wiped out. Big portion of their missiles more importantly their missile production. On the economic side, we have them by the throat.

So I think shortly, maybe even today, tomorrow we are going to see an agreement

“30, 60 days ceasefire. And the straight'll be open. Energy prices should come down.”

There's really scared of us. You know, Wonder Saudi Arabia needs to make a deal with Turkey right now. They're really scared of us. No wonder the Wall Street Journal just reported that U.S. Intel finds that Putin could test NATO's resolve with a limited incursion. And now it's believed that Putin is not afraid to strike NATO as he sees utter weakness in the U.S. and that the U.S. has depleted its interceptors and its attackums and the high Mars.

Yeah, you think they're scared of us. Bescent, despite international sanctions, North Korea

just generated an estimated $22 billion in foreign revenue between 2022 and 2025 through

arm sales and military support to Russia as Kim Jong-un does ballistic missile, cruise missile, and other tests and brags about their nuclear arsenal on a daily basis. But you don't hear a peat from our corporate news about that you don't hear a peat from Trump about it. Because they're weak because they're what you'll hear about it here on the minus touch network.

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