MAKE NO MISTAKE: Despite attempts to cover up their failures, the American people are smart and know Kamala Harris and Joe Biden created today’s economic crisis.
KAMALANOMICS BY THE NUMBERS:
- In October, the unemployment rate remained high, at 4.1%.
- In October, over 46,000 manufacturing jobs were lost, and the private sector lost 28,000.
- Prior job gains for August and September were revised down by 112,000.
- There are 7 million Americans who are unemployed which is up from a year ago at 6.4 million.
- The labor force participation rate remains well below pre-pandemic levels.
- The number of permanent job losers edged up to 1.8 million in October.
- Job creation in October slowed to its weakest pace since late 2020.
- October posted the smallest job gain since December 2020.
- Since July of 2023 versus July of 2024, there has been a net zero job growth.
- In August, it was announced that 818,000 jobs that the Harris-Biden Administration claimed to have created aren’t there.
- The BLS revised down its total tally of jobs created from March 2023 through March 2024 by 818,000.
- This included 115,000 manufacturing jobs.
- The revision is the largest in 15 years.
- In addition to these revisions, the August jobs report revealed the employment in June and July combined is 86,000 lower than previously reported.
- Inflation is a tax on ALL Americans.
- When Joe Biden and Kamala Harris took office, inflation was at just 1.4%.
- Since Joe Biden and Kamala Harris took office, inflation has risen by 20.5%.
- Americans are paying more for just about everything because of inflation. Since Biden and Harris took office:
- Food at elementary and secondary schools 69.7%.
- Eggs are UP 69.2%.
- Motor vehicle insurance is UP 56.5%.
- Admission to sporting events is UP 46.4%.
- Lodging away from home including hotels and motels is UP 42.4%.
- Gasoline (all types) is UP 38.4%.
- Baby food and formula are UP 31.0%.
- Veterinarian services are UP 29.9%.
- Cookies are UP 29.1%.
- Uncooked ground beef is UP 28.2%.
- Bakery products are UP 27.2%.
- Chicken is UP 25.0%.
- Airline fares are UP 24.5%.
- Bread is UP 23.9%.
- Pork chops are UP 23.0%.
- Lunchmeats are UP 22.3%.
- Milk is UP 16.2%.
- Americans are spending $13,300 more annually to buy the basics because of Kamalaflation, compared to three years ago.
- Real wages remain lower than when Biden-Harris first took office.
- Inflation-adjusted average weekly earnings were $397.90 when Biden-Harris took office and are now $384.29 – the Bureau of Labor Statistics adjusts to 1982-1984 dollars – meaning Americans have seen a 3.4% decrease under Biden-Harris.
- Kamalaflation outpaced wages for a majority of Biden’s presidency – both year-over-year real average hourly earnings and real average weekly earnings were negative for 25 months.
- Nearly half of Americans consider themselves “broke.”
- Two-thirds of Americans report living paycheck-to-paycheck.
- Americans need a six-figure salary to afford a typical home in nearly half of U.S. states