E.J. Antoni

Now under Trump in just one year, it's grown about 2%.

Quick math tells you you've only regained half of the lost ground.

Now, it's great that you've made so much progress in just a year, but again, it's also, I think, worth acknowledging the fact that people are still hurting, people are still suffering, even though you have course corrected.

You were getting worse, now you're getting better.

Very, very good.

And again, this is where it's such a stark contrast, Vince, from Biden.

You know, job growth coming out of the pandemic in the private sector peaks

in the summer of 2021 and then begins trending down if you look at the monthly change from one month to the next on a seasonally adjusted basis.

And by the time you get to January 2025, that kind of handoff month between the Biden and the Trump administrations, private sector job growth on a monthly basis, the trend had actually gone below zero.

In other words, you were losing jobs from month to month within the private sector.

So what was growing in January of 2025?

Just the government.

The government, the public sector was adding jobs.

The private sector was losing them.

Now, fast forward a year to today.

What's going on in the labor market?

Exactly the opposite.

In short, the government is losing jobs.

Trump has succeeded in axing something like 10% of the federal workforce, over 350

thousand bureaucrats are gone you have to go all the way back vince to 1966 a full six decades ago to find a time when there were fewer federal bureaucrats than we have today so phenomenal progress there that means all the net job growth we have had over the last year is in the productive private sector not the unproductive public sector and on top of not only where the jobs being created but who are getting the jobs