There is always a story behind the story. At first blush, the fact just seems odd: A 30 percent downward revision in job creation for the end of 2023 and early 2024, by the US Labor Department. In other words, based on an internal review, 818,000 jobs Biden-Harris bragged about – never got created.
In fairness, the first, second, and third revisions of data are usually based on how much data is available, which in turn amounts to whether certain sectors report their data and when. On the other hand, just like the underreporting of crime data by Democrat cities, something seems different.
Clearly, this is one stone the Labor Department and White House did not want to be turned before November. It shows that, whatever others say, the economy is not healthy. Beyond high inflation, three times what they inherited, record national debt (fiscal insolvency driven by overspending, clipping the energy sector, and high interest to throttle inflation), near-record interest on personal debt (and the national debt) – with lagged drag on the economy, we now have a major misstatement on jobs.
The real question is not “Why the slow hiring?” that is obvious. Businesses do not hire when the cost of labor, energy, and capital is pushed beyond what the market can bear (wage inflation, energy subsidies, high interest) and consumer confidence is in freefall.
The real question is “Why a near-record revision” – or why the initial reporting was so wrong, effectively covered by poor, inaccurate, and perhaps knowingly incomplete numbers? For that, dive deeper.
Who is presently the Secretary of Labor? The current secretary happens to be a non-confirmed, highly questioned, completely political appointee, actually just an acting secretary, who was – yes, odd – the former Secretary of Labor in California, when questions arose over accuracy and fraud.
The acting labor secretary for Biden-Harris has what you might call a Walz problem, an integrity problem – you know, like “I am not drunk and going 100 mph, I am deaf” or “I used guns in war” only really he never did and actually ducked the war.
Like Walz, this former California Secretary of Labor, now counting US jobs created, seems to have misplaced massive amounts of COVID aid, either bad karma and accounting, or fraud and politics.
Her name is Julie Su. She was – by admission, based on the political groups that forced her on Biden-Harris for her ethnicity – a DEI hire and even the Democrat-controlled Senate balked. Yet, there she is reporting jobs numbers, an unconfirmed political at the helm of the Labor Department.
What else is there to know about her? In detail, she is the embodiment of poor management, if not craven political behavior. She literally lost or allowed fraudsters to take $32 billion in COVID money from Californians … BILLION! No accountability, Biden-Harris gave her a star and brought her in.
She now appears to be using her acting position to “forgive” $29 billion in loans due to the government – all in California – without justification, another reason her behavior is roiling R’s and D’s.
So now we come to this presidential campaign, and this odd report that indicates during the tenure of Ms. Su, the federal government – the Labor Department and White House – accidentally reported (throughout the primary season) job creation that never happened.
The story will be a “one day wonder,” as they say in DC, because mainstream media do not want to dig for the truth, and are disinterested in details when they might embarrass the latest coronated Democrat.
That said, truth still matters, and as Winston Churchill once noted: “Truth is incontrovertible. Panic may resent it. Ignorance may deride it. Malice may distort it. But there it is.”
Simply put, the Pol at Labor, a low-integrity former Pol for Democrat Governor Newsom, never confirmed and will not be, just reported the biggest “not right” numbers in 15 years, fake numbers that favored Biden-Haris, until the stone was turned over.
Reality: On a monthly basis, for the year through March 2024 – and likely well after – the Biden-Harris team claimed credit for 68,000 more jobs per month than existed, thank you to their loyal crowd turning the gears of government, printing money, getting illegals lined up, spitting out data.
Bottom line, whether you want to believe it is all a big misunderstanding or worse, it sure looks like Biden-Harris gave us a lot of fake data on job creation. But then, what would you expect?
Robert Charles is a former Assistant Secretary of State under Colin Powell, former Reagan and Bush 41 White House staffer, attorney, and naval intelligence officer (USNR). He wrote “Narcotics and Terrorism” (2003), “Eagles and Evergreens” (2018), and is National Spokesman for AMAC.
