[ April 20, 2026 ]
The job market added almost a million fewer jobs than previously reported during Biden’s last year in office. Close to a million jobs gains reported were just revised away. 51% of the jobs reported during the last year of the Biden administration never actually existed.The most corrupt, criminal regime in American history.
Worse still, it was these very job numbers that Powell and the Federal Reserve based their refusal to lower interest rates – ‘strong job market.’ Nothing the Democrats did was real. Worse it was all to damage the country.
The Feds should cut the interest rate by at least two points.
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There it is:
The US Labor Department just revised -911,000 jobs out of 12 months of already reported data, the largest revision in history.
This is officially ABOVE 2009 levels, with jobs data overstated by ~76,000 PER MONTH.
What's next? Let us explain.
(a thread) pic.twitter.com/sZ7DUlO6ta
— The Kobeissi Letter (@KobeissiLetter) September 9, 2025
Another 911,000 previously reported job gains were just revised away. This covers April 2024 – March 2025. That's an average of 76k per month, on top of the already announced huge downward revisions. This proves all prior claims and celebrations of a strong labor market were BS.
— Peter Schiff (@PeterSchiff) September 9, 2025
https://twitter.com/cvpayne/status/1965420726439260531
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