Dr. Peter Navarro
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Podcast Appearances
are going to prosper.
And what I'm telling you, Steve, is that the policies that we've adopted are showing material improvements.
Real quickly, just so you know.
Hang on, why is this a blowout?
Why is this a blowout?
Your posse here.
Yeah, go ahead.
Here's the deal.
When you're putting 20 million illegals into the country over a four-year period, you have to produce...
Many, many, you have to create many, many more jobs just to keep the unemployment rate steady.
Got it?
And that number, that magic number was near 200,000, okay?
Now, when you not only stop importing millions of illegal aliens, but you also start deporting them, right?
You're not importing, you're deporting, right?
It's just logical that the steady state jobs number month to month is going to be lower.
And it's going to be somewhere between 50,000 and 100,000.
We had a blowout 130,000 number this time.
But the good news there was we needed more jobs to create because the labor force participation rate percentage dropped.
That's the number of people who got off the sidelines, got off the couch, said, hey, we love this Trump economy.
Wages are going up.