U.S. Jobs Report Miss, Economic Turmoil, and Political Headlines | The Burning Truth Daily Show Prep
The economy’s condition continues to reveal challenges and surprises. With October’s jobs report missing the mark and revisions showing fewer jobs created than originally reported, Americans are facing a reality check on the state of employment and economic growth. From drops in manufacturing to shifts in political narratives, here’s a closer look at today‘s most talked-about stories.
Hour 1: Economic Downturn and October Jobs Report
‘An Ugly Jobs Report’
The October jobs report revealed a significant downturn, with payrolls missing expectations and private sector jobs showing a negative trend for the first time since 2020. The results indicate a troubling outlook for job seekers and reflect a broader decline in economic momentum.
Jobs Shock: Payroll Declines and Negative Revisions
Job creation in October was far below anticipated levels, and in a continuing pattern, previous months’ numbers were revised sharply lower:
August: Revised down by 81,000 jobs from +159,000 to +78,000.
September: Revised down by 31,000, from +254,000 to +223,000.
These corrections bring employment for August and September 2023 down by a combined 112,000 jobs, casting a shadow on any positive interpretations of recent labor data.
Bond Market Under Pressure
Amid disappointing job numbers, bond markets are seeing significant sell-offs, reflecting investor apprehension. This trend is often a precursor to broader economic struggles as investors brace for lower growth projections.
US Manufacturing Faces Decline
October’s manufacturing data underscored the economic challenges, with the U.S. Manufacturing PMI falling to 48.5 in October from 47.3 in September, marking a fourth consecutive month of contraction. ISM’s Manufacturing PMI echoed this sentiment, showing a drop to 46.5—its lowest since June 2023. This is indicative of an ongoing slowdown in U.S. manufacturing activity, which is traditionally a signal of broader economic weakening.
Hour 2: Social and Political Firestorms
Mark Cuban’s Comments Draw Strong Reactions
Entrepreneur and “Shark Tank” star Mark Cuban recently criticized women who support Trump, drawing fierce responses from across the political spectrum. Cuban’s comments led to a wave of reactions, with many highlighting the resilience and voice of conservative women in the political landscape.
Mystery Solved: The Identity of ‘Walter’ in Jennifer McCormick’s Ad
In a surprising twist, the figure “Walter,” a character in Jennifer McCormick’s campaign ad, has been identified. This revelation sparked discussion, as it shed light on political dynamics within the GOP. According to McCormick, individuals like “Walter” represent the type of Republican she sought to distance herself from.
Town Demands Removal of Controversial Halloween Display
In a divisive community decision, a local town has ordered a resident to remove a Halloween display deemed “offensive.” The display featured exaggerated, bloody imagery, and has sparked debate over free expression, taste, and the limits of holiday decorations in public spaces.
Kamala Harris’ Final Campaign Pushes
As the midterm elections approach, Vice President Kamala Harris has ramped up her rhetoric against former President Trump. In recent appearances, Harris has not held back in her critique, leaving many to wonder if her tactics will help energize her party’s base or alienate undecided voters.
Corporate media’s portrayal of former Congresswoman Liz Cheney’s stance on conservative values has raised eyebrows, with many calling it a case of real “disinformation.” Conservative critics argue that Cheney’s story has been spun to fit a specific narrative, illustrating the power of media influence in shaping political perceptions.
Harvard’s Unique Event: “Taylor Swift as Sacred Text”
In a seemingly ironic turn, Harvard chapel recently hosted an event titled “Reading Taylor Swift as Sacred Text.” This gathering highlights an ongoing trend of secular institutions drawing from pop culture as a way to engage with modern issues, sparking mixed reactions from students and the public alike.
Conclusion
From economic updates affecting the American workforce to cultural controversies and shifting political narratives, the headlines reveal a nation facing multiple challenges. As we approach a critical election period, staying informed is essential. For more on the latest stories, tune in to “The Burning Truth with Casey Hendrickson” daily.
And of course, as has been the case for the entire Biden admin, previous months were revised sharply lower once again: August was revised down by 81,000, from +159,000 to +78,000, and September was revised down by 31,000, from +254,000 to +223,000. With these revisions, employment in August and September combined is 112,000 lower than previously reported. This means that even after the monster September revision when 818K jobs were removed, 7 of the past 9 months were again revised lower!
Minutes after the BLS reported the biggest drop in manufacturing jobs since the COVID lockdowns, S&P Global reported its US Manufacturing PMI rose to 48.5 in October (still in contraction) from 47.3 in September (as ‘hard data’ has exploded higher this month. ISM’s Manufacturing PMI was worse than expected, dropping from 47.2 to 46.5 in October – the lowest since June 2023…
That is the fourth straight month of contraction (sub-50) for the Manufacturing PMI
The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday.
Hour 1: Latest Developments on Voter Integrity Concerns in U.S. Elections.
SCOTUS Allows Virginia Voter Eligibility Audit: The Supreme Court has permitted Virginia to remove potentially ineligible voters, a move with implications for those concerned about voter integrity in U.S. elections. Read more.
Colorado Voting Machine Security Issues: Colorado’s Secretary of State “inadvertently” leaked sensitive voting machine passwords, further fueling concerns around election security.
Florida Ballot Disposal Incident: A Florida election worker was dismissed after completed ballots were discovered abandoned roadside, raising questions about secure ballot handling.
Dominion Voting Machine ‘Glitch’: Just days before the election, Dominion voting machines faced a reported glitch, drawing criticism over reliability and contributing to broader voter integrity concerns. More details.
GOP Pursues Voter Roll Accuracy: GOP-led states are now aggressively ensuring non-citizens are removed from voter rolls, despite Vice President Kamala Harris’s objections.
Kamala Harris Reallocates Campaign Funds in North Carolina: Harris withdrew nearly $2 million in planned ad spending from North Carolina, a strategic adjustment in a key battleground state.
Dearborn Mayor’s Announcement Affects Harris Campaign: The Dearborn mayor’s recent 2024 statement poses another hurdle for Harris’s campaign.
President Biden’s ‘Garbage’ Comment Fallout: Public discourse intensifies after President Biden’s recent comment calling half of Americans “garbage.”
Hour 2: Media Narratives and Voter Integrity Concerns in U.S. Elections
Trump War Room Shares Controversial Geraldo Reaction: Geraldo Rivera’s response to Puerto Rico-related jokes has polarized reactions, underscoring tensions in political rhetoric.
Liberal Comedian’s Stereotype Remarks Spark Controversy: A comedian at a Tim Walz rally implied stereotypes about Mexicans, provoking reactions and impacting voter perception.
Biden’s ‘Garbage’ Comment Spin by CBS: CBS News faces backlash after framing Biden’s “garbage” remark about Trump supporters.
Kamala Harris’s Response to Biden’s Remarks: Harris’s comments on Biden’s “garbage” remark about Americans have drawn scrutiny, revealing divisions within the administration’s messaging.
Trump Supporters Labeled ‘Nazis’: Amid rising tensions, Trump supporters are frequently labeled as Nazis, a trend that Harris and other administration officials appear to tolerate.
Tim Walz’s Nazi Rhetoric Directed at Trump Supporters: Walz has intensified rhetoric against Trump supporters, framing them with Nazi comparisons.
Kamala Harris Claims on Social Security and Medicare: Harris continues to circulate debunked claims that Trump sought to cut Social Security and Medicare each year.
13 Misleading Claims in Kamala Harris’s Washington Speech: Harris’s recent speech contains a series of misleading assertions, impacting her credibility on the campaign trail.
MSNBC’s Nicolle Wallace’s Election Remarks: Wallace claimed the election stakes involve “life and death” for women, despite ongoing access to necessary medical care in all U.S. states.
Hour 3: Voter Integrity and Indiana’s Political Landscape
Interview with Indiana Attorney General Todd Rokita: Attorney General Rokita provides insights into Indiana’s efforts to maintain voter roll accuracy and safeguard election integrity.
Twitter Buzz: Liz MacDonald and Tim Runs His Mouth’s viral tweets on Trump Derangement Syndrome highlight the psychological toll of Trump’s influence on his opponents.
Key Takeaway: These recent controversies and policy decisions underscore the heightened focus on voter integrity concerns in U.S. elections. Whether through state-led initiatives to verify voter eligibility or the public’s scrutiny of voting machine reliability, maintaining a transparent and secure election process remains essential.
She claimed this wasn’t ‘hyperbole’ or an ‘exaggeration’ but it is. Also, there isn’t a single place in the US where you can’t get an abortion if the life of the mother is at risk.
Hour 3
Interview: Indiana Attorney General Todd Rokita joins us.
Voter integrity concerns are shaping both the 2024 election landscape and public trust in the electoral process across Indiana and the United States. From Supreme Court rulings on voter eligibility to security concerns around voting machines, the actions taken now will influence how voters perceive the safety and reliability of their vote. For states like Indiana, where efforts to maintain accurate voter rolls are underway, these measures may serve as a benchmark for other states aiming to protect election transparency. Ensuring a secure voting environment is not just a procedural necessity—it’s a foundational step to maintain public confidence in democratic institutions and uphold the principle of every legitimate vote being counted.
Ok, but Israel is one of the 38 richest nations in the world. Do they need our charity? Happy to sell them pretty much anything and fulfill the reciprocal research agreement we have with them, but do they need free stuff?
I always ask the audience to take a step back, take a deep breath, then read the story again. Does what you read make sense? This exercise will allow you to see a whole lot more clearly.
Now, follow me down the rabbit hole.
In spite of the media and political rhetoric, January 6, 2021, wasn’t an armed insurrection by any definition of the word. Anyone who repeats that claim is an unserious person not worthy of your time.
Why did prosecutors fight to withhold the Capitol surveillance video from being released to the public? Shouldn’t they have wanted all of you to see how evil these Trump ‘insurrectionists’ really were?
Maybe they want to hide thosevideos because they also show peaceful protestors being let into the Capitol and not rioting?
Why do they continue to ‘investigate’ members of Congress for helping the rioters when the real investigation already found that no member of Congress aided the rioters?
In spite of that investigation clearing all members of Congress, why is Pelosi still doing illegal searches of Congressmen’s offices?
Why doesn’t Pelosi want videos and emails from about January 6 from the Capitol and members of Congress released? Why does she say those records are not in the ‘public interest?‘
All of the big tech censorship, character assassination, and fake news stories used against conservatives were just a trial run. It may seem like a Hollywood plot but you’ve watched it unfold right before your eyes. The big tech and corporate media war against conservatives was then used to spread COVID lies and fear. Now it’s being used in the Ukraine/Russia conflict.