Many progressives would chalk up the prevailing negative economic mood to poor messaging and flagrant disinformation.
According to the most recent jobs report from the Bureau of Labor Statistics, the U.S. economy added more than 250,000 jobs last month, bringing unemployment down to 4.1 percent from 4.2 percent the month before. In addition, the Federal Reserve cut interest rates last month by half a percentage point, giving the stock market a boost. All of this suggests that the economy is on the mend, Bidenomics is working, and the future is bright.
Of course, what receives the most attention in the news is the effect of immigration putting downward pressure on wages. No doubt, many employers are delighted to hire low-skilled immigrants, knowing they can have these workers deported if they make trouble and taxpayers will cover the costs of their housing, schooling, health care, and security. Meanwhile, American workers are denounced as unreliable and incompetent because they won't accept low wages and abusive work environments.
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