David Bossie: Buckle up for Biden's next big crisis – our economy is in peril thanks to his radical agenda
Fox News
There’s another crisis on the horizon. This one is of President Joe Biden’s own making...
As the House and Senate congressional leadership meets with President Biden this week to discuss his misleading "American Jobs Plan," they now have to consider last week’s shocking jobs report and its undeniable implication that the Biden administration is warping the labor market with its counterproductive unemployment incentives and "transformative" socialist initiatives. It appears as if President Biden is waging a war on the America economy on three fronts: he’s hurting businesses by paying people not to work, he’s weakening our purchasing power by flooding the economy with trillions in irresponsible spending and he’s causing confusion and fear with his misdirection on masks. Economists projected that America would add around one million jobs in April, and the projection seemed to make sense. With the vaccine rollout well underway -- thanks to Operation Warp Speed -- and our nation starting to re-open, most experts were predicting definitive evidence of a robust economic resurgence. Instead, we only added 266,000 jobs -- of which 48,000 are government jobs -- a devastating indication that something is very wrong with our current labor market.More Related News