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The chief of the Job Creators Network says there are problems looming for Joe Biden and his administration on the economy – despite a jobs report this week that suggests 372,000 jobs were created in June.
Alfredo Ortiz wrote in a column at the Daily Caller News Foundation that because of that report, “Biden and his allies” can try to deny the existence of a recession “for at least another month.”
He pointed out while the unemployment rate remained at 3.6%, the “labor force participation fell to 62.2%, and there are still fewer people working today than before the pandemic.”
And he said the jobs assessment comes on the heels of the Atlanta Federal Reserve’s projection that the economy contracted in the second quarter of this year.
“It estimated gross domestic product (GDP) shrank by 1.2%, which, combined with the first-quarter slowdown of 1.6%, means the economy shrank in two consecutive quarters, indicating a recession,” he explained.
But, he said, “Biden and his fellow Democrats are trying to defy this recession reality by pointing to the supposedly strong labor market.”
In fact, the White House claimed, “The historic strength of our job market is one reason our economy is uniquely well positioned to tackle a range of global economic challenges.”
Explained Ortiz, “First, the labor market isn’t as strong as it seems. Despite Biden’s boasts, the jobs created under his administration aren’t new. They are merely backfilled from those lost during the pandemic. Labor force participation remains depressed. And real wages are falling significantly.
“Second, it’s not only a contracting GDP that shows the economy is in recession. Inflation is wreaking havoc on consumers and small businesses. Over the last year, consumer prices have risen by 8.6%, and wholesale prices that small businesses pay have increased by 10.8%. Gas prices have doubled during Biden’s time in office to record highs. We’re not only in a recession but also stagflation, which hasn’t occurred since the 1970s.”
Finally, he said, the labor market is a “lagging indicator.”
“Employers generally don’t stop hiring and start letting go of employees until after recessions are underway. For small businesses, America’s job-creation engine, laying off employees is a last resort and one they won’t check into until they have no other choice.”
The biggest concern for consumers, though, is that “Democrats seem intent on making this nascent recession worse. Yesterday, Senate Democrats reportedly came to a deal to raise taxes on American small businesses. A small business tax increase would make it more difficult for entrepreneurs to scale and grow, reducing small business supply when it’s desperately needed to help overcome inflation,” he explained.
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He said Biden and Congress “must reverse course.”
“That means committing to ending reckless spending that fuels inflation, eliminating radical green policies that reduce supply and increase prices and making the Tax Cuts and Job Act permanent rather than pursuing tax hikes,” he said.
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Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We just launched a new GiveSendGo page. We also have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!