Wednesday, October 1, 2025

Government Report Supports Trump: Illegal Aliens Do Impact Black Employment.

U.S. government data backs up former President Donald J. Trump‘s charge that illegal immigrants are impacting job opportunities for black Americans. The America First leader blasted Joe Biden‘s open border policies during the first 2024 presidential debate, stating the “20 million people” people who have entered the country illegally are “taking black jobs, and they’re taking Hispanic jobs.”

Leftist critics in the corporate media, as well as supporters of Joe Biden, claim Trump‘s remarks are racially charged. However, a House committee last year heard testimonies indicating a significant impact on the workforce from an estimated nine million illegal alien workers. The Center for Immigration Studies presented findings that U.S.-born, working-age individuals not in the labor force had risen to 44 million by April 2023, almost 10 million more than in April 2000.

A 2008 report by the United States Commission on Civil Rights supported some of Trump’s assertions, finding illegal immigration increased the low-skilled labor supply, which disproportionately affected black males, many of whom have high school diplomas or less. This led to reduced wages, lower employment rates, and higher incarceration rates among black Americans.

Critics, including MSNBC writer Ja’han Jones, labeled Trump’s phrasing “racist and dehumanizing.” Jones argued that the notion of “black jobs” was offensive and inaccurate. The Washington Post suggested that immigrants stimulate economic demand, leading to job creation rather than displacement. However, the publication acknowledged a decrease in black workers’ presence in lower-wage sectors, such as leisure, hospitality, and retail.

The National Pulse reported in February that Biden‘s so-called jobs recovery had been almost entirely driven by illegal and legal immigrant labor, with native-born Americans still being sidelined post-pandemic.

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U.S. government data backs up former President Donald J. Trump's charge that illegal immigrants are impacting job opportunities for black Americans. The America First leader blasted Joe Biden's open border policies during the first 2024 presidential debate, stating the “20 million people” people who have entered the country illegally are “taking black jobs, and they’re taking Hispanic jobs." show more
Bidenomics

Bidenomics: April & May Jobs Numbers Revised Down by 110K, Unemployment Highest Since Nov. 2021.

The Joe Biden government’s Bureau of Labor Statistics has revised the number of jobs the U.S. economy gained in April and May downward by a combined 110,000. With the announcement of the newest revisions, 10 of the past 15 jobs reports have been revised lower than the initially announced number. In June, the Biden government alleges that job growth again beat expectations, with 206,000 jobs added. However, given the revisions of the prior two months, the true number may be far lower.

According to the latest employment data and the April and May revisions, the U.S. labor market appears to be rapidly cooling. Unemployment has risen to 4.1 percent, the highest since November 2021. Overall, the data suggests a rapidly slowing labor market, which Biden desperately wants to avoid before the 2024 presidential election in November.

The declining economic conditions add pressure on the Federal Reserve to accelerate its projected calendar for cutting interest rates. However, the central bank’s chairman, Jerome Powell, has thus far been reticent to telegraph a rate cut before the November presidential election. Investors—who have been clamoring for the central bank to slash rates—were already pricing in two rate cuts this year, with the first coming in September.

While a rate cut prior to the election could boost economic conditions and serve as a boon to the 81-year-old Democrat, rising unemployment has traditionally coincided with the incumbent president losing re-election. A slew of recent polls following Biden’s disastrously impaired debate performance on June 27 show Biden’s challenger, former President Donald J. Trump, with a commanding lead. Trump’s margin over Biden is currently between four and six percent nationally.

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The Joe Biden government's Bureau of Labor Statistics has revised the number of jobs the U.S. economy gained in April and May downward by a combined 110,000. With the announcement of the newest revisions, 10 of the past 15 jobs reports have been revised lower than the initially announced number. In June, the Biden government alleges that job growth again beat expectations, with 206,000 jobs added. However, given the revisions of the prior two months, the true number may be far lower. show more
bidenomics

BIDENOMICS: John Deere to Lay Off Hundreds in Midwest as Production Moves to Mexico.

John Deere, the leading global seller of tractors and crop harvesters, announced another round of layoffs last Friday due to a collapse in demand and a slowing U.S. economy. The company informed approximately 610 production staff in its Illinois and Iowa plants that their employment would end by the end of the summer. According to John Deere, all layoffs will take effect on August 30.

The agricultural equipment supplier attributed the layoffs to reduced demand for its products manufactured at these locations. Despite reporting $10.166 billion in profits last year, the company cited rising operational costs and declining market demand as reasons for these changes. “We can confirm Deere leadership recently communicated that rising operational costs and declining market demand requires enterprise-wide changes in how work gets done to achieve our goals and best position the company for the future,” a company statement reads.

This month, the company also announced plans to transfer the production of skid steer loaders and compact track loaders from its Dubuque facility to Mexico by the end of 2026, citing rising domestic manufacturing costs in the United States. In October, John Deere laid off 225 employees at its Harvester Works plant in East Moline. This was followed by layoffs at other locations, including 34 workers in May at its Moline Cylinder Works factory and 150 more in March at its Ankeny, Iowa, facility. Approximately 500 employees were let go at its Waterloo plant in Iowa earlier this year.

Lower crop prices have led to an excess of unsold tractors and combines, resulting in some equipment sellers offering discounts and suspending new orders. The Department of Agriculture forecasted a 25.5 percent decline in farm income to $116.1 billion this year compared to 2023 levels.

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John Deere, the leading global seller of tractors and crop harvesters, announced another round of layoffs last Friday due to a collapse in demand and a slowing U.S. economy. The company informed approximately 610 production staff in its Illinois and Iowa plants that their employment would end by the end of the summer. According to John Deere, all layoffs will take effect on August 30. show more
colonias

This is The Chart Joe Biden Really Doesn’t Want Voters to See.

American households are struggling to maintain their level of worth under Joe Biden‘s government. Data from the Federal Reserve Bank of St. Louis shows that under former President Donald J. Trump, household net worth rose steadily—taking on a slight dip at the beginning of the COVID-19 pandemic but quickly recovering.

Meanwhile, under the 81-year-old Democrat incumbent Joe Biden, the net worth of American households has lagged behind the rate of growth under Trump. Even more concerning, household net worth has declined significantly when controlled for inflation.

Inflation, a weakening job market, and mass illegal immigration have resulted in many Americans having to work several part-time jobs in an economy many see as no longer benefitting them. A series of polls show most Americans are skeptical that they’d be better off under a second Biden term in the White House. The National Pulse reported in mid-June that 84 percent of Americans believe their financial situation would either remain the same or worsen under another four years of Biden.

Another recent poll indicates that over 50 percent of Americans rate the Biden economy as “poor.” The negative reaction to the Biden economy is likely driven by data showing that many of the jobs created have been filled by illegal immigrants. Additionally, studies suggest that the entirety of post-pandemic job growth under Biden has been fueled by illegal and legal immigrants, with labor force participation among native-born workers remaining below pre-pandemic levels.

 

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American households are struggling to maintain their level of worth under Joe Biden's government. Data from the Federal Reserve Bank of St. Louis shows that under former President Donald J. Trump, household net worth rose steadily—taking on a slight dip at the beginning of the COVID-19 pandemic but quickly recovering. show more

The Wealthy Are Fleeing London. Here’s Why…

Millionaires are fleeing Britain faster than any country except China, amid concerns over a likely Labour victory in the upcoming July 4 snap election. The Henley Private Wealth Migration Report reveals that 9,500 millionaires left Britain last year, with only China seeing a higher number of departures.

“This represents a new record outflow for the UK, with London expected to be especially hard hit. The top destinations for millionaires leaving the UK include Paris, Dubai, Amsterdam, Monaco, Geneva, Sydney, and Singapore, as well as retirement hotspots such as Florida, the Algarve, Malta, and the Italian Riviera,” the report notes.

Countries like Brazil, where a leftist government has ousted former president Jair Bolsonaro, known as the ‘Trump of the Tropics,’ have also experienced significant millionaire exits. However, in Europe, only Britain and Russia saw a net outflow of millionaires—in the latter case, as a result of oligarchs and others, many of whom are dual nationals of Israel, leaving to evade Western sanctions.

“Migrating millionaires are a vital source of [foreign exchange] revenue as they tend to bring their money with them when they move to a new country. For instance, a migrant who brings USD 10 million with them is equivalent to a country generating USD 10 million in export revenue as both transactions generate USD 10 million of forex revenue for the country,” Henley explains.

Many high-net-worth individuals (around 20 percent) who relocate are entrepreneurs and company founders, often creating local jobs in their new countries. This percentage rises to over 60 percent for centi-millionaires and billionaires.

Leftist-run U.S. states are experiencing similar issues, with many millionaires abandoning California and New York for conservative-run Florida and Texas, where taxes and regulations are less punishing.

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Millionaires are fleeing Britain faster than any country except China, amid concerns over a likely Labour victory in the upcoming July 4 snap election. The Henley Private Wealth Migration Report reveals that 9,500 millionaires left Britain last year, with only China seeing a higher number of departures. show more
trump union

Unions Flirt with Trump as Biden Coalition Unravels.

Major unions, like the Teamsters, are flirting with the idea of endorsing Donald Trump, and Democrats are panicking.

Back up: Historically, unions and union voters have been a reliable voting block for Democrats.

The details: The Teamsters, one of the largest unions in the U.S., made a rare donation to the RNC after their president, Sean O’Brien, met with Trump. O’Brien also requested speaking slots at both the Republican and Democratic conventions, signaling potential bipartisan engagement.

  • Another powerful union, the United Auto Workers (UAW), withheld its endorsement of Biden until January due to frustrations with his pro-EV policies.

Zoom out: Joe Biden likes to call himself the “most pro-union president,” and last September, dropped in on a UAW protest for a brief photo-op.

What do union workers think? According to exit polling, union voters swung for Biden by 16 percent in 2020. But according to the most recent polling, today, he leads by just 9 percent.

  • In April, Trump shook hands and took pictures with union workers outside his Manhattan ‘hush money’ trial. One worker, Darren Could, said: “They say unions aren’t big for Trump — well they are. Maybe the top union brass aren’t but when you talk to the men on the construction site, they’re all about Trump.”

Democrats hit panic button: Rep. Dean Phillips of Minnesota warned his fellow Democrats, saying they “have to recognize that this affiliation [with union leaders] … is not translating into electoral support [from union workers].”

Big picture: Joe Biden is bleeding support from every corner of his core constituencies – black voters, hispanic voters, and young voters – with all showing unprecedented shifts towards Donald Trump.

Real talk: I don’t see the Teamsters endorsing Trump. But the fact that their leadership is publicly feigning tells you they know their members are behind the 45th president.

This story is brought to you with permission from our friends at the WakeUpRight newsletter, a free, 5-minute morning read for people who want the real news, not the perspective of the D.C. establishment. Sign up here.

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Major unions, like the Teamsters, are flirting with the idea of endorsing Donald Trump, and Democrats are panicking. show more

UK Inflation FINALLY Hits 2% Target in Tiny Boost for PM Rishi Sunak.

According to the Office for National Statistics (ONS), inflation in the United Kingdom has decreased to an annual rate of 2.0 percent. This rate, down from 2.3 percent in April, aligns with expectations. Core inflation, excluding food, energy, alcohol, and tobacco due to their volatility, is anticipated to have reduced to 3.5 percent from 3.9 percent.

The Consumer Prices Index (CPI) rose 2.0 percent over the 12 months leading to May 2024, a decline from 2.3 percent in April. The Consumer Prices Index, including homeowners’ housing costs (CPIH), rose by 2.8 percent, compared to 3.0 percent in April.

The fall could be a boon to Prime Minister Rishi Sunak, who made the two percent inflation target one of his key goals when he became premier. He claims he can “start cutting people’s taxes” now.

However, inflation has been outpacing real-term pay increases for years. Although real-term pay increases are now outpacing inflation, many workers are still behind overall.

BIG PICTURE. 

An analysis by the Trades Union Congress (TUC) indicates that unsecured household debt will rise by more than £1,600 per household this year. Driven by loans, credit cards, and hire purchase agreements, this amounts to a 9.4 percent increase in real terms. The TUC says this is the largest annual rise in cash terms since records began in 1987.

YouGov polling reveals that 42 percent of people have cut back on essential spending, such as food and utilities, rising to 47 percent for women. Around 60 percent reported reducing non-essential spending like dining out and entertainment. Almost 19 percent have fallen behind on household bills, with this figure reaching 28 percent among those aged 18-24. Additionally, 27 percent have taken on debt to handle unexpected bills, jumping to 37 percent for adults aged 25-49.

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According to the Office for National Statistics (ONS), inflation in the United Kingdom has decreased to an annual rate of 2.0 percent. This rate, down from 2.3 percent in April, aligns with expectations. Core inflation, excluding food, energy, alcohol, and tobacco due to their volatility, is anticipated to have reduced to 3.5 percent from 3.9 percent. show more
biden pac

U.S. Budget Deficit Balloons to $1.92 Trillion.

The Congressional Budget Office (CBO)—the federal government’s nonpartisan accounting agency—has revised its U.S. budget deficit projections for 2024. According to the CBO, the 2024 deficit will likely balloon to $1.92 trillion—an over $400 billion increase from their initial projections in February. Overall, the budget deficit is predicted to far outpace 2023’s gap of $1.69 trillion.

In the revised CBO economic forecast, the agency sees a pick-up in the U.S. gross domestic project (GDP); however, this comes with a return of higher inflation as well. The federal accounting agency sees the Federal Reserve now holding off on any cut to interest rates until at least the first quarter of 2025. Interestingly, the revised CBO projections were finalized in May, prior to the most recent Federal Reserve meeting—suggesting the data could have played a role in the central bank’s decision not to cut rates this quarter.

Concerningly, the CBO’s revised data suggests that the U.S. deficit is widening as a share of GDP. Previously, the agency had projected that the deficit would shrink over the 2024 fiscal year as a share of GDP. The debt-to-GDP ratio is projected at 6.7 percent, compared with the February forecast of just 5.3 percent. In 2023, the U.S. recorded a ratio of 6.3 percent.

As to the cause for the revision, the CBO pointed to several Biden government actions and policy changes, including its several student loan forgiveness plans, which added $145 billion to the deficit. Additionally, Biden’s foreign aid bill, which sent a new round of U.S. taxpayer dollars to Ukraine, Israel, and Taiwan, is cited as a cause for the revisions.

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The Congressional Budget Office (CBO)—the federal government's nonpartisan accounting agency—has revised its U.S. budget deficit projections for 2024. According to the CBO, the 2024 deficit will likely balloon to $1.92 trillion—an over $400 billion increase from their initial projections in February. Overall, the budget deficit is predicted to far outpace 2023's gap of $1.69 trillion. show more

Home Foreclosures Are on the Rise.

Home foreclosures were on the rise across the United States in May as Americans struggled with higher living costs.

The details: According to a report from real estate data researcher ATTOM, 32,621 properties had foreclosure filings in May, a three percent jump from the prior month.

  • Rob Barber, CEO at ATTOM, said the data “highlights nuanced shifts in the housing market.”

What’s driving the rise? When you buy a home, you lock in a fixed monthly mortgage [in most cases]. But expenses like property taxes, home insurance, energy, and internet service are not fixed – and they’re all rising – putting the squeeze on homeowners.

  • Property taxes now cost Americans an average of $18,118 annually, up 26 percent from four years ago.
  • Home insurance premiums jumped 11.3 percent from last year alone.
  • Electricity prices have risen more than 25 percent since Biden took office
  • Internet service has jumped more than 11 percent since Biden took office.

Zoom in: Nationally, 1 in every 4,320 housing units began foreclosures last month. The states with the highest foreclosure rates were:

  • New Jersey: 1 in 1,939
  • Illinois: 1 in every 2,362
  • Deleware: 1 in every 2,595
  • Connecticut: 1 in every 2,600
  • Florida: 1 in every 2,638

Zoom out: Home affordability is at its worst level in decades, according to Zillow. In 2020, the national average salary required to buy a home was $59,000. Today, it’s $106,500 – a 61 percent increase.

Big picture: As we draw closer to the 2024 election, voters continue to tell pollsters that inflation and the economy are their top concerns—and on both issues, they prefer Trump over Biden by 14 percent.

This story is brought to you with permission from our friends at the WakeUpRight newsletter, a free, 5-minute morning read for people who want the real news, not the perspective of the D.C. establishment. Sign up here.

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Home foreclosures were on the rise across the United States in May as Americans struggled with higher living costs. show more

NeoCon NeverTrumpers Demand Fed Play Politics to Keep Trump Out.

Neoconservative NeverTrumper Bill Kristol is begging the U.S. Federal Reserve to cut interest rates ahead of the 2024 presidential election in the hopes it will juice the economy and boost the chances that the 81-year-old Democrat incumbent Joe Biden will win re-election. “Dear Fed, How about one rate cut for the economy, and one more for democracy?” Kristol wrote in a post on X (formerly Twitter) on Wednesday as the central bank announced its decision on interest rate levels.

Unfortunately for Kristol, Federal Reserve Chairman Jerome Powell threw cold water on the likelihood of the central bank slashing rates before the November presidential election. “Today, the [Federal Open Market Committee (FOMC)] decided to leave our policy interest rate unchanged and to continue to reduce our securities holdings,” Powell said  Wednesday afternoon.

The committee’s dot survey of members, released along with the FOMC’s rate decision, suggests that the central bank anticipates a single rate cut for the remainder of 2024 at most. Despite the economic realities, Kristol—along with many Democrats—is pushing the Fed to risk a dangerous resurgence of inflation in the hopes cheap capital will swing the election for Biden

Even more concerning is that Kristol‘s call for interest rate cuts is indicative of a growing trend among opponents of former President Donald J. Trump with the weaponization of government institutions for partisan political purposes. The National Pulse reported in April that Joe Biden promised the Federal Reserve would cut interest rates at least once before the end of December. Biden’s announcement was unprecedented as the White House is expected to respect and not interfere with the U.S. central bank’s independence.

Polling data has continually shown Biden struggling with critical voter demographics regarding his handling of the U.S. economy.

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Neoconservative NeverTrumper Bill Kristol is begging the U.S. Federal Reserve to cut interest rates ahead of the 2024 presidential election in the hopes it will juice the economy and boost the chances that the 81-year-old Democrat incumbent Joe Biden will win re-election. "Dear Fed, How about one rate cut for the economy, and one more for democracy?" Kristol wrote in a post on X (formerly Twitter) on Wednesday as the central bank announced its decision on interest rate levels. show more