Jobs Report Fail! Biden’s Socialism Begins to Destroy Trump Economy as Rush Forewarned

5/8/21
 
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from The Rush Limbaugh Show,
5/7/21:

JASON: … economic growth is topic number one. I mean, without economic growth, you can’t fund the military. Without economic growth you can’t have a rising tide. We can’t have a reducing median income. Without economic growth, not much of anything is possible. And that’s why the Biden tax hikes are so deleterious. The United States just added 260 — what is it, 260,000 jobs last month. They thought they would add a million.

People always ask me, “Hey, Jason, what’s going on here? I mean, you’ve got a situation where the stock market’s going gangbusters. I thought Biden was gonna destroy it.” The stock market has factored in the failure of Bidenomics. They don’t think it’s gonna pass. Certainly not in the way Joe Biden wants and Kamala Harris and the rest of these dyed-in-the-wool socialists want. The market is saying, no, this isn’t gonna work. The midterms are gonna, you know, return a majority to the Republicans in the House. None of this stuff is gonna happen.

Now, if they start to believe that the Biden tax increases, the reregulation of the economy, the packing of the Supreme Court that threatens property rights, if they start to believe that, as they start to really think that companies’ intellectual property is gonna be handed off to the globe as they’ve done with the patents on the vaccines, then the market will start to say whoa, whoa, whoa, hold on, or employers will start to say, I’m gonna wait until next month or next year to hire somebody, and that may have happened last month. It was far below the expectations of a million jobs.

The unemployment rate rose slightly to 6.1%….

President Biden yesterday — or was it this week? — in Lake Charles, Louisiana, talking about $3.3 trillion in taxes that aren’t really $3.3 trillion in taxes. I have no idea what he just said. Unfortunately, neither does he. So a $3.3 trillion over the next 10-year tax hike doesn’t cost anyone anything. What, the tooth fairy —

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