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The Biden administration claims to have added almost 400,000 jobs from July through September of last year. However, new data released this week suggests none of those jobs ever existed. In contrast to the monthly job report showing an increase of 399,000 jobs during the third quarter, these numbers show a decline of 1,000 private sector jobs.

I used to be a business person before entering politics, so when people talk about "bidenomics" and how it's benefiting everyone, I have my doubts. Honestly, I can't think of any measure that shows people are better off now compared to three years ago, even with the impact of COVID-19.

Joe Biden's economic agenda, known as Bidenomics, is characterized by increased spending, regulation, and higher taxes. However, it has resulted in negative consequences for the American people. Gas prices have reached a record high of over $5 a gallon, inflation is at a 40-year high, and real wages have been declining for 26 months. Additionally, Americans now owe nearly $1 trillion in credit card debt. The cost of housing, electricity, natural gas, and food has also significantly increased. Bidenomics has left one-third of Gen Z and Millennials with no savings. In contrast, President Trump's economy saw increased wages, historic low unemployment rates, and a thriving stock market. Trump created 7 million new jobs and achieved record lows in unemployment rates for various demographics. Trump's success on the economy is unmatched by other candidates.

- Under Trump’s tax plan, taxes rise for lower incomes and fall for higher incomes. The bracket claims include: - Less than $28,000: taxes go up by $790. - $28,000 to $55,000: taxes go up $1,400. - $55,000 to $94,000: taxes go up $1,500. - $94,000 to $157,000: taxes go up almost $1,800. - $157,000 to $360,000: you only pay an extra $610. - More than $360,000: you get a tax cut. - More than $914,000: a $36,000 tax cut. - It literally says poorest to richest, and the poorest get a tax increase, and the richest get a tax cut. It's right there, literally in blue and yellow. - The speaker notes the chart shows poorest to richest with this distribution.

When Donald Trump was president, people bought homes at record rates, young Americans could afford to raise families, and people could afford middle-class life. Trump's agenda worked very well for middle-class Americans during his presidency. The speaker challenges Tim Walz or Kamala Harris to name something Harris did as vice president to make groceries more affordable, make it possible to raise a family, or secure the border. They are creating a phantom of Donald Trump's leadership. The speaker believes Trump produced good results for the American people and wants to return to that record.

Under Joe Biden's policies, trade deficits have been increasing, leading to job losses and economic damage. Last year, the US lost $383 billion to China and nearly $1 trillion worldwide, the largest trade deficit in history. These losses result in China gaining more jobs, victories, and long-term prosperity, while also using the money to strengthen their military. This path of subservience and economic ruin is being laughed at by other countries. In contrast, during my presidency, tariffs on China and other countries led to job creation, wage growth, and the opening of 17,000 new factories. Under my leadership, we will end these job-killing deficits, regain independence, and experience a great economic boom. Thank you.

Here is a summary of the provided transcript: The speaker presents economic data from the Federal Reserve, Bureau of Labor Statistics, Energy Information Agency, and Nasdaq to compare economic performance under the Trump and Biden-Harris administrations. Key metrics include: Inflation rate year over year (1.89% under Trump, 5.28% under Biden-Harris), cumulative inflation (7.8% higher under Trump, 19.2% higher under Biden-Harris), average gas price (down 5.4% under Trump, up 46.6% under Biden-Harris), 30-year mortgage rates (down 34.8% under Trump, up 132% under Biden-Harris), average rent costs (up 11.8% under Trump, up 21.6% under Biden-Harris), NASDAQ Composite (up 138.2% under Trump, up 39.4% under Biden-Harris), grocery prices (up 6.5% under Trump, up 20.9% under Biden-Harris), electricity prices (up 4.2% under Trump, up 29.6% under Biden-Harris), and real hourly wages (up 6.8% under Trump, down 2.2% under Biden-Harris). The speaker suggests these numbers, based on data as of July 12, 2024, can help viewers decide who was the "better CEO" without relying on emotion. The speaker claims Harris would be more liberal and cost everyone more money.

With less than a year until the 2024 presidential election, Democrats are abandoning the term "Bidenomics" as the economy under Biden faces increased criticism. Since taking office, consumer prices have risen by over 17%, gasoline prices by over 35%, and credit card debt by over 40%. On the other hand, wages have decreased by nearly 3%. The president continues to emphasize job numbers, despite Americans being more concerned about inflation and rising prices, which have surpassed 3%. The Wall Street Journal highlights this discrepancy, noting that the president's focus on jobs presents a more favorable image for him.

Speaker 1 states that Trump's presidency saw no recession, rising real wages, a strong stock market, and record low unemployment before the pandemic. Speaker 1 believes Trump's prior term provides a clear blueprint of what to expect from a future presidency. They also assert that Kamala Harris's performance as Vice President offers insight into her potential future role. Speaker 0 claims there has been more manufacturing in the U.S. than at any time since World War II. Speaker 1 counters that real wages have decreased and crime has risen. Speaker 0 disputes the claim about real wages, stating they have increased. Speaker 1 clarifies that real weekly wages and average weekly wages are still down from when Biden took office. Speaker 0 attributes high unemployment to the pandemic.

Trump's campaign message focuses on the economy, comparing his record to Biden's. They claim that under Trump, take-home pay increased by $6, while under Biden, it decreased by $7,000. Mortgage rates were low during Trump's presidency but are now punishing under Biden. Personal and retirement investments saw a 40% increase under Trump, but have fallen under Biden. Trump promises to make America's economy great again.

During our time in office, we faced a pandemic and high unemployment rates. However, our economic policies have successfully reduced inflation and led to the creation of 14 million new jobs, including 800,000 in manufacturing. Wages have also increased, indicating significant progress.

Donald Trump governs financially better than Joe Biden. Inflation is not a global issue due to COVID supply chain disruptions. Prices for gas, groceries, and dining out have risen since Trump left office, attributed to Biden's regulations on industries. Trump would remove regulations to provide relief to Americans.

In response to questions about how the White House can reach frustrated voters and improve their sense of the situation, Speaker 0 opens by noting that lower inflation and gas prices are key, and asks what the White House can do to make those voters feel better or convince them the situation is improving, also pointing out that they are being told lies by the media, a problem he says Republicans have long faced. Speaker 1 replies by emphasizing a central point derived from polling: there is overwhelming support for President Trump across every issue and dimension. He asserts that the most important point to hammer is that under Trump there was no inflation, whereas Biden’s presidency devastated the economy. He states that there was double-digit inflation overall from when Biden entered to when Biden left, and that prices “went up 30% in four years.” He then claims that when Donald Trump “comes back in,” inflation is “down to near benchmark rates of 2% within months,” describing this as astonishing and asking rhetorically, “How’s that even possible? I mean, we we knew the man was an economic wizard.” He reiterates the question, asking how inflation could move from 30% to nearly 2% in a few months, suggesting that Trump “defied what everybody said was possible.” The exchange centers on contrasting perceptions of economic performance under the two administrations, with Speaker 1 arguing that Trump achieved a rapid and substantial reduction in inflation after a period of high inflation under Biden, and framing this as evidence of Trump’s economic prowess. The dialogue also frames political popularity and media messaging as factors in the public’s views, positioning Trump’s economic record as a core issue for persuading voters who feel left behind.

Under Obama, black unemployment didn't fall below double digits until the 3rd month of his 7th year in office, while white unemployment never reached double digits. Under Trump, black unemployment fell to 50-year lows, and black poverty reached its lowest level on record. Black wages rose more than 15%, compared to 11% for whites, a 36% difference. Wage growth for the lowest income earners during the first three years of the Trump administration more than doubled the rate during Obama's second term. This was described as an acceleration, not a continuation.

The speaker presents a chart showing 40 years of egg prices, noting increases (red) and decreases (blue). Egg prices went up under the first Obama term, down under President Trump, and then skyrocketed (blue). While avian flu is a factor, the speaker attributes high egg prices to high input costs, regulation, and the closing of export markets. The speaker claims that since Joe Biden took office, there is a $49 billion deficit in agricultural products, compared to zero under President Trump. The speaker states they are working to address the issue.

Economic growth at the time of inauguration was at 2.8%. The bottom 20% of workers saw the largest real wage gains during the Biden administration. Since January 20, the stock market overall has gone down 1.3% and gas has gone up. The current president said he was going to bring down the cost of living, but costs have not gone down. If this legislation is not passed, it will trigger the largest tax hike because of the 2017 tax cut. Only 12% of hourly workers receive overtime. Only 2.5% of American workers are affected by tips, and only 40% of tip earners file federal taxes. There's no acceleration of economic growth in this legislation because there's not being meaningful cutting of tax rates. Savings were said to be $2,150,000,000,000. Prices are down substantially since February 2025. The stock market, as judged by the S&P, is up on the year.

Joe Biden's economic agenda, known as Bidenomics, is characterized by increased spending, regulation, and higher taxes. However, it has resulted in negative consequences for the American people. Gas prices have reached a record high of over $5 a gallon, inflation is at a 40-year high, and real wages have been declining for 26 months. Additionally, Americans now owe nearly $1 trillion in credit card debt. The cost of housing, electricity, natural gas, and food has also significantly increased. Bidenomics has left one-third of Gen Z and millennials with no savings. In contrast, President Trump's economy saw increased wages, historic low unemployment rates, and significant job creation. Trump's policies benefited various demographics, including African Americans, Hispanic Americans, Asian Americans, and individuals with disabilities. Trump's success on the economy is unmatched by other candidates.

Speaker criticizes MSNBC's comparison of Biden and Trump's economic performance. Points out flaws in graphs showing GDP, labor force participation, manufacturing, and hospitality jobs. Highlights Biden's numbers still below Trump's pre-pandemic levels. Debunks airline passenger data. Offers to make a part 2 if requested.

Before I took office, there were bold predictions about what would happen. They said they would come for your guns, jobs, and freedom. They claimed Biden would shut down American energy. They also said gas prices would skyrocket and crime would increase. However, here's the reality: none of that has happened. The borders are secure, the middle class is intact, and safety is not an issue. Inflation is a concern, but it can be stopped. Biden may struggle with his party, and he avoids taking questions from the press. Overall, there are doubts about his performance.

The policies under Donald Trump led to low inflation, rising wages, and stability. However, under Joe Biden, there is rising inflation and economic stagnation. It's important to acknowledge Trump's success and consider bringing him back for another term to restore a growing economy and peace globally.

The discussion centers on claims made by Vice Presidential candidate Tim Walz regarding manufacturing job losses under the Trump administration. Walz stated that Trump lost more manufacturing jobs than any president in American history. This claim is disputed. Under George W. Bush, approximately 4,500,000 manufacturing jobs were lost, while under Trump, the figure was about 178,000. Job losses were also greater than under Trump during the Eisenhower, Ford, and Reagan administrations. The majority of Trump's manufacturing job losses occurred due to the COVID-19 pandemic. Before the pandemic, the Trump administration saw a gain of approximately 414,000 manufacturing jobs.

Wages are up and inflation is down under President Biden, whose record is moving things in a positive direction. However, the high cost of living in the United States remains a challenge. Conversely, it is claimed that costs are not going down, but going up, and inflation is also rising. This is attributed to Trump's reckless mismanagement of the economy.

Bidenomics job numbers are questioned as Americans struggle to find work. Unemployment rate may actually be between 6.5% and nearly 8%, comparable to recession levels. Millions of jobless Americans are not counted in official statistics due to various reasons like fear, stimulus checks, and early retirement. Real wages have fallen, leading to second jobs and part-time work. Bidenomics relies on misleading data, but public opinion remains skeptical. Visit PeterStAnsch.com for more information.

During the Trump administration, the speaker was able to grow his business and open more locations. Under the Biden-Harris administration, the speaker claims his business has been stagnant. He says he has been dealing with rising costs and battling for employee pay, and trying to raise prices to keep up.

The speaker claims the Harris-Biden administration fraudulently manipulated job statistics to conceal the extent of economic damage inflicted on America. According to the speaker, revised job numbers released by the Bureau of Labor Statistics are not revisions but a "total lie." The speaker alleges the administration padded the numbers with 818,000 nonexistent jobs to falsely portray a positive economic performance. The speaker states that this information was intended to be released after the election but was leaked. The speaker asserts that such inflated numbers are unprecedented.