In retrospect, it will turn out that the only thing the BIden administration “created” was lies.

We mention all of this up because on Friday, the Philly Fed served up its latest shocker: not only did the Biden admin lie again, but the collapse in the labor market that had been covered up for much of the past year and was only exposed with the annual benchmark revision, extended into the second quarter.

nd while we don’t yet know the specifics of the revisions – those will be revealed on Feb 7, 2025 when the final numbers are published – at the national level, we do know that all the jobs reportedly “created” in the second quarter, were actually fake, there were no net jobs created at all, and in fact, the US lost jobs in Q2!

https://www.zerohedge.com/economics/biden-lied-about-everything-philly-fed-finds-all-jobs-created-q2-were-fake