Breitbart Business Digest: Kamala Harris’s Economic Spin Shattered by October Jobs Bust

Harris has inherited from Joe Biden the habit of claiming Donald Trump bears responsibility for. Biden won the White House arguing that what he said was Trump’s mishandling of the pandemic had wrecked the economy—even though the economy was recovering much faster than anyone not namedWhat happened next is a story we’ve told many times before.

Fortunately, Biden’s larger ambitions were thwarted and only a fraction of the dreamed-of expenditures were enacted into law. But the results were bad enough:, soaring interest rates, the least affordable housing market in generations, and a crisis of confidence in our economy that even full employment and several quarters of rapid growth could not cure.It never really made much sense for the Democrats to complain about the pandemic job losses.

Not surprisingly, the Harris campaign was never going to let historical accuracy or economic logic stand in the way ofHarris took aim at Trump’s record on manufacturing in particular, claiming that during the Trump years the U.S. economy lost hundreds of thousands of manufacturing jobs. Harris also frequently claimed that the Biden policies had led to a boom in manufacturing.

Vice President Kamala Harris delivers remarks on October 24, 2022, in the East Room of the White House with President Joe Biden looking on. , manufacturing employment did not recover to the pre-pandemic Trump level until the summer of 2022. Shortly afterward, growth in manufacturing jobs fizzled out. At its peak under Biden-Harris, the manufacturing sector employed 12.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Breitbart Business Digest: Kamala Harris Gets the Wrong Kind of Improving Consumer SentimentSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: Nobel Laureates Back Kamala, But Voters Trust Trump to Fix the EconomySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: What We Saw at Trump’s Trade Revolution in ChicagoSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: Trump Is Rising in New York CitySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: Is Harris Gaining Ground on Economic Issues?Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: Wall Street Sides with Harris, Main Street Sides with TrumpSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »