World Newsmax Host Says Booming 'Trump Economy' Officially Over, 'Welcome to Obama's 3rd Term'
What’s behind Arizona’s bizarre, haphazard, and highly partisan “audit” of the 2020 election
No one can figure out why Republicans are shining UV lights on ballots, among other things.So it probably shouldn’t be a surprise that, months after Joe Biden won the 2020 election and was sworn in as president, Trump loyalists in Arizona are engaged in the same kind of absurdist anti-democracy that drove the final weeks of Trump’s term in office by auditing all ballots cast in the state’s largest county.
Newsmax host Chris Salcedo responded to a weaker-than-expected April jobs report by officially declaring Friday, May 7, the end of a bustling "Trump economy" and the beginning of an "Obama-Biden" third term.
The host of Newsmax TV's Liberty Loving Latino program accused Presidentof "blaming Trump" over a Friday Labor Department report that showed the U.S. economy added 266,000 jobs in April versus the 978,000 forecast by government economists. Salcedo accused "Democratic socialists like Biden" of perpetually denying accountability by blaming their GOP predecessors. Claiming the U.S. was "cursed by a third term of Obama," Salcedo said the pre-adjustment April employment numbers are proof that the "Trump economy" officially ended May 7, the day the Labor report was released.
Why stocks soared while America struggled
For a year that’s been so bad, it’s hard not to wonder why the stock market has been so good.“On the streets, there are chants of ‘Stop killing Black people!’ and ‘No justice, no peace!’ Meanwhile, behind a computer, one of the millions of new day traders buys a stock because the chart is quickly moving higher,” wrote Chris Brown, the founder and managing member of the Ohio-based hedge fund Aristides Capital in a letter to investors in June 2020. “The cognitive dissonance is overwhelming at times.
Salcedo accused Biden of trying to raise taxes to "near criminal levels," before moments later touting Trump and the GOP's 2017 Tax Cuts and Jobs Act for bringing in a "record $1.7 trillion" in tax revenue.
After a weak jobs report, Chris Salcedo claims this signals the end of the bustling Trump economy - 'welcome to Biden's America.' pic.twitter.com/f8dtGGaDvx— Newsmax (@newsmax) May 10, 2021
"Our economy is collapsing at a far faster rate than I could [have] ever possibly imagined," Salcedo said. "Biden's grotesque government-centered spending is a joke. But instead of being a man and accepting responsibility for his child-like economic policies, Biden did what all socialistdo—blame a Republican."
Virginia Republicans’ messy, Trumpy race to pick a nominee for governor
The Republicans running for governor in Virginia signal a lot about the future of the GOP.Did President Joe Biden win the election? Cox avoided directly answering the question at this recent event, though he had previously acknowledged that reality, the one GOP frontrunner willing to do so.
"But thanks to the Trump economy, we weathered the government-imposed shutdown storm," Salcedo continued, claiming Trump saved the U.S. from the pandemic's effect on businesses. "Since President Trump's push to re-open our economy, our unemployment rate was falling like a rock. Had he continued in the Oval Office, our national economy would resemble that of Texas or Florida. But sadly, our nation was cursed with a 3rd term of Obama."
Biden, who called a press conference shortly after the release of the lagging April jobs report, was mocked by Salcedo for his remarks at the White House Friday.
"We knew this wouldn't be a sprint, it'd be a marathon, quite frankly, we're moving more rapidly than I thought we would. This morning we learned our economy created 266,000 jobs in April. And listening to commentators today, as I was getting dressed, you might think that we should be disappointed," Biden said.
A bizarre tale of cannabis boom and bust
How the pandemic cannabis boom led to chaos on the Navajo Nation, pitting two minorities against each other.When Xia (not her real name) first heard about the job as a "flower cutter", she pictured roses.
"People who built this country have been left out in the cold, struggling just to keep their heads above water while those at the top have done very well. We're still digging out of an economic collapse that cost us 22 million jobs. When we came in, we inherited a year of profound economic crisis and mismanagement on the virus," the president continued, prompting mockery in the Newsmax segment.
"Right, blame Trump," Salcedo said, throwing his head back in laughter at Biden's remarks. "We've got four more years of that, my friends, to look forward to."
Salcedo added Obama also blamed his Republican predecessor,, for poor economic data, which few economists disputed in the wake of the 2008 recession.
"And then Bush couldn't wait to kiss Obama's rear end at the first opportunity. That's a discussion for a different day," Salcedo jeered.
Economists are less convinced than Salcedo that the April jobs report is as negative as conservative political pundits are claiming.
"A labor demand problem would be worse, this wasn't that," Yahoo Finance economic analyst Sam Ro wrote Monday. "[But] there's certainly no shortage of reports confirming robust demand for labor."
Bo, the dog of Barack Obama and Star of the White House, is dead
The family paid tribute to the social networks © Sipa USA / Sipausa / Sipa Bo, the Obama dog and white house star died on May 8, 2021 Best friend of man - The family paid tribute to social networks "A soft and constant presence in our lives. Barack Obama announced Saturday the death of a cancer of his dog Bo , become a real star of the White House.
Steve Guest, former GOP spokesman and current advisor to senator, latched onto Salcedo's response to the April jobs report, tweeting Monday, "Joe Biden's economy: The April jobs report was the worst miss in 23 years: 'The worst miss, we're told, since '98," he added, quoting CNBC host Carl Quintanilla's response on May 7.
Newsweek reached out to the Labor Department offices in Washington on Monday afternoon for any additional details regarding the jobs report.
Trump Org. Criminal Probe—What We Know About Parallel Investigations Into Finances .
The New York attorney general's office has said its probe into the Trump Organization was "no longer purely civil."Fabien Levy, press secretary to New York Attorney General Letitia James, told CNN on Tuesday the probe into the Trump Organization was "no longer purely civil in nature" and would be running alongside another investigation into alleged criminal conduct at the organization by Manhattan District Attorney Cyrus Vance Jr.