Economist: Economy Will Further Weaken as ‘Build Back Better’ Discourages Americans From Working

Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons
American Liberty News
- July 14, 2024
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The Secret Service has confirmed that former President Trump is safe and under protective measures following an at today's rally in Butler, Pennsylvania.

Moments ago, Trump released a statement on his social media platform:

“I want to thank the United States Secret Service and all of for their rapid response to the shooting that took place in Butler, Pennsylvania. Most importantly, I want to extend my condolences to the family of the person who was killed at the rally and to the family of.

By now, everyone knows that job growth came to a crawl in November.

CNBC called the November report “a huge miss.” Even CNN admitted that the 210,000 new jobs were “less than half of what economists were expecting.”

WATCH:

SEE ALSO: Here's Exactly How Biden Inflation is Robbing You

Among many others, one Heritage Foundation expert doesn't see the light at the end of the tunnel:

The November unemployment report missed expectations, creating significantly fewer jobs than predicted as the 's agenda threatens to hamper growth and intensify the labor shortage. Rachel Greszler, Heritage research fellow, released the following statement Friday on the way forward: 

“The economy added 210,000 jobs in November as the unemployment rate fell to 4.2%, from 4.6% in October.

Threatens to Make Things Even Worse

“Employment is still far from where it should be, and the so-called Build Back Better Act threatens to make things even worse. With 10.4 million job openings in September, employers are struggling to get the workers they need. According to the National Federation of Independent Business' October jobs report, 49% of business owners were unable to fill open positions. And with a record 4.4 million quitting their jobs in September, the high costs of retaining current workers and replacing those who quit are weighing on employers and contributing to rising prices.  

“Welfare-without-work policies are handicapping the work force, and Build Back Better will discourage even more people from working—potentially pushing up to 8.7 million Americans out of work. Meanwhile, President Biden's unlawful COVID vaccine mandate threatens to force employers to lay off workers who do remain.

SEE ALSO: Biden Green Schemes Abuse Families, Make Life Harder 

“More regulations that make it harder for businesses to hire the workers they need, and more welfare-without-work benefits, higher taxes, and more deficit-financed government spending will all make the current labor shortage and price increases worse.”

The opinions expressed in this article are those of the author and do not necessarily reflect the positions of American Liberty News.

  

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