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Bannon`s War Room
WarRoom Battleground EP 703: Trump Reinvigorates The Job Market; For The Last Five Years Net Job Growth Has Gone To Non Native Born People
Feb 7, 2025
E.J. Antoni, an insightful economist, and Mike Lindell, the bold MyPillow CEO, discuss the complex layers of the U.S. job market. They delve into the inflation and employment statistics and question the reliability of government metrics. The conversation highlights discrepancies in job growth data, particularly relating to native and non-native workers. Antoni and Lindell also touch on the implications of national debt and the strategic need for economic reform, while Lindell shares insights on the importance of sleep for productivity.
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Quick takeaways
- The reliability of labor data is under scrutiny due to inaccuracies in Census Bureau surveys, creating doubts about actual job growth.
- The increasing national debt and inflated government spending raise concerns about long-term employment stability and future economic burdens.
Deep dives
Concerns Over Labor Data Reliability
Recent discussions highlight significant doubts regarding the reliability of labor data, exacerbated by revisions linked to inaccurate Census Bureau surveys. The Census Bureau has acknowledged issues in their data collection, raising concerns that the job statistics may undergo further adjustments. Additionally, current employment figures are based on estimates, which may not reflect the true state of the labor market. This skepticism is further supported by the Federal Reserve Bank of Philadelphia's assessment, predicting a potential loss of 800,000 jobs for just one quarter.
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