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President Donald Trump’s campaign released a powerful statement on the failures of Kamalanomics following Friday’s dismal jobs report.
It began with, “Kamalanomics is a failure. That’s what today’s jobs report showed – again.”
The statement detailed how “28,000 jobs were lost in the private sector last month,” noting that “Kamala killed 46,000 manufacturing jobs last month and 85,000 jobs over the past six months – subtracting COVID bounce-back jobs, Kamala has overseen losses in manufacturing since she took office.”
The Trump team provided a link to the U.S. Bureau of Labor Statistics website that detailed the losses.
The statement included grim statistics from nearly four years of Biden-Harris policies, including the loss of 773,000 native-born American jobs within the last year, the downward revision of 112,000 jobs from August and September, and the seven million Americans currently unemployed.
Another link to the U.S. Bureau of Labor Statistics showed decreased labor participation in October, which means even more unemployed Americans.
The statement highlighted the increased financial strain on American families who have seen the consumer price index increase by 20.5 percent since the inception of the Biden-Harris administration.
Trump’s team pointed out that under his leadership, Americans saw their earnings increase by 8.2 percent but have taken a 3.4 percent pay cut “under Kamala.”
Under Harris’ leadership, Americans now need to earn six figures each year “to afford a typical home in nearly half of U.S. states,” according to a study released by Bankrate.
The statement also detailed the high cost of rent in the United States under Biden-Harris. “After massive rental inflation, rents are stuck at persistently unaffordable prices and a record share of renters spending more than 30 percent of their income on housing.”
Perhaps most detrimentally, the statement noted, “Household debt is at a record $17.8 trillion,” and “Credit card debt has increased by 39 percent since Kamala took office to a record $1.14 trillion – under Kamala, credit card delinquency skyrocketed to 54 percent between 2020 and 2024.”
“So, we’ve seen the results of “Kamalanomics.” She broke the economy. President Trump will fix it,” the Trump campaign wrote.
The statement included an overview of Trump’s plan to turn things around for all Americans, including new tax and regulation cuts, decreased energy prices, tariffs on Chinese automobile manufacturers operating in Mexico and the elimination of “taxes on tips, overtime, and Social Security for seniors.”
The Trump team concluded, “The contrast is clear: Vote for President Trump to Make America Wealthy And Affordable Again!”
