The Week With Monique | The Trump Administration is Failing America!

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The Don Lemon Show 9 min 1 speaker 3 chapters transcribed 2 months ago
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How does Monique Pressley summarize the week's biggest economic issues?

Monique Pressley 0:00
Hey everybody, it's Monique Presley, crisis manager, lawyer, host of Make It Make Sense with Monique Presley, and I am back with you, elimination, with the week with Monique. The bright lines this week, even though we have seen plenty of turmoil. To me, the most important thing you've got to pay attention to, jobs, jobs, jobs. Stark market, jobs. price of goods. And on all of these metrics, the Trump administration is failing America. Failing you, failing me, failing us miserably. Now you heard a lot this week, a State of the Union that really doesn't even deserve to be mentioned, except to say it was filled with lie after lie after lie. But you don't have a short-term memory loss problem, America.
Monique Pressley 0:58
I know you don't, not as voters, not as humans who have to get up every day and take care of your family. So you know, you remember that the man who's now running the White House, well, technically, that would be President Musk, but the man who ran for the office and promised prices on groceries would be coming down, jobs would be going up, people would have more money in their pockets, lies, lies, and more lies because job numbers came out today and it ain't good. Stock market, Down, we've seen that, we've seen the volatility for the past weeks, but especially in this one. We've got even more information about people not paying for their car notes, not being able to meet their bills. And what it all boils down to is that the things that the Trump administration has come in and tried to do, if you watched my video last week, you know it really is just a heist.

What job and market warnings does Monique say contradict Trump’s claims?

Monique Pressley 2:01
But the things that they've come in and done have not helped you, haven't helped the average American, haven't helped our children, haven't helped students, because their real goal only is to help themselves. But I want to give you some numbers. job numbers are out, they're gonna claim, oh, 151 more jobs added, but that's not the metric you wanna pay attention to. What you wanna pay attention to is what companies are saying they're planning to do in the job market. And they're saying that US-based companies are cutting or prepared to cut 172,017 jobs. That's the most layoffs for February since 2009. 172,017 jobs. Stats are down. The NASDAQ has fallen more than 6% since Trump took office. S&P 500 is down more than 3%.
Monique Pressley 3:07
GDP, for people who care about it, outlook down. And what's happening at the same time with costs? Up, up. and up. They're going to try to say, Oh, we couldn't get in and fix all of these things at once. They may try to say it was the Biden administration, but you know that that is garbage because we saw four years of solid growth under the Biden Harris administration and all of it is being torn down in a little over 30 days under the Trump administration. Who does this affect the most? Who does it affect? We just saw today from Reuters, layoffs announced by US employers jumped to levels not seen since the last two recessions. And mass federal government job cuts, canceled contracts, and fears of trade wars are offering the clearest sign yet of the toll taken on the labor market by the policies of President Donald Trump.
Monique Pressley 4:13
What does all this mean? You feel it. You feel it. You know when you go to the grocery store, things aren't better, they're worse. You know when you're looking at what's in your monthly budget, you have less than you thought you would and you gotta figure out what you're gonna do with it. And in the middle of all of that, we see they're still trying to cut the Department of Education, which means getting rid of Head Start, which means hurting children with special needs, which means more layoffs. How exactly Did you think this first month of the Trump administration was going to go? I'm looking at you who called yourself voting your pocket. How's that working out for you now? When you think about who's really going to be hurt, it's obvious, isn't it?
Monique Pressley 5:07
Those who already have the least are going to be hurt the most. Black folks, brown folks, poor folks. That's poor folks in red states and blue states hurt the most.

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