President Trump announced his tariffs on countries, especially those that tariff goods from the United States.
President Donald Trump on Wednesday imposed sweeping new tariffs on all imported goods and unveiled a detailed list of reciprocal duties targeting more than 60 countries, asserting that the move is necessary to combat trade imbalances and restore U.S. manufacturing.
“This is Liberation Day,” Trump said during a Rose Garden ceremony, holding up a printed chart of countries and their new tariff rates. “For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike.”
The tariffs, which he described as “reciprocal,” fulfill a key campaign pledge and are aimed at pressuring trade partners to lower their own barriers. The administration expects the new rates to remain in place until the U.S. narrows a $1.2 trillion trade imbalance recorded last year.
But the extensive list of tariffs also threatens to upend the U.S. economy, as many — but not all — economists say they amount to taxes on American companies that will be passed down to consumers.
Trump held up a chart while speaking at the White House, showing the United States would charge a 34 percent tax on imports from China, a 20 percent tax on imports from the European Union, 25 percent on South Korea, 24 percent on Japan and 32 percent on Taiwan.
The centerpiece of the announcement is a 10 percent universal baseline tariff on all imports, effective immediately. For instance, Chinese imports are now subject to cascading tariffs of 10, 20 and 34 percent, for a total of 54 percent.
In addition, Trump’s administration imposed country-specific reciprocal tariffs on nations it accuses of unfair trade practices — including India, Vietnam, and the European Union, in adding to China. The rates are calibrated at approximately half the rate those countries impose on U.S. goods.
For example, China, which Trump said charges 67 percent in tariffs on U.S. goods when factoring in non-tariff barriers, will now face a 34 percent reciprocal tariff under the new system, in addition to the 10 percent baseline tariff and the 20 percent tariffs already in effect. Vietnam, assessed at 90 percent, will face a 46 percent tariff; India at 52 percent will now see 26 percent duties; and the EU, which imposes 39 percent, will be met with a 20 percent response, according to the White House chart.
This is a “devil in the details” issue that has a lot of ramifications depending on how the directives are written. But several of those countries are big players in semiconductors, so here’s a quick and dirty look at winners and losers if those tariffs stay in place a significant amount of time.
The main countries here, along with the reciprocal tariffs being applied to them:
Taiwan (32%)
South Korea (25%)
China (34%)
European Union (not a country, but they play one on TV) (20%)
Japan (24%)
Singapore (10%)
Israel (17%)
Save a few smaller, older fabs here and there, that’s pretty much 99% of semiconductor manufacturing, though Vietnam (46%) and the Philippines (17%) do a lot of semiconductor package assembly work, and the tariffs may apply to them, depending on wording.
So let’s look at the business Losers and Winners in the space. (Note: You might find this post useful, as it defines some of the semiconductor industry terms used here.)
Losers
TSMC: As the world’s biggest and most important chip foundry, the Taiwanese tariffs will hit TSMC hard. Their U.S. fab in Arizona isn’t ready for production yet, so all their chips will (theoretically) get hit with tariffs, assuming Trump doesn’t grant them a waiver because they’re already constructing a plant. But if they do go into effect, possibly even more heavily impacted will be:
TSMC customers, including Apple, Nvidia and AMD. All three get their very highest-end, cutting edge, sub-10nm chips fabbed there. For Apple, the M-series and A-series chips made there form the heart of all their Macs and iPhones. Likewise, Nvidia gets its highest end GPU/AI/etc. chips fabbed by TSMC. AMD’s most powerful CPU’s are also fabbed by TSMC, though some lower end chips are made elsewhere (like GlobalFoundries).
Tokyo Electron: Japan’s biggest semiconductor equipment manufacturer assembles pretty much all their equipment in their home country. 24% tariffs may make their equipment uneconomical compared to rivals Applied Materials and LAM Research.
South Korean DRAM manufacturers Samsung and SK Hynix: 25% tariffs will definitely impact sales in a market segment whose overall margins (robust in booms, and barely breaking even during busts) are thinner than others.
Every American electronics company that uses DRAM. Which is pretty much every American electronics company.
Every American AI boom company. Their data center costs are going up, while those of their foreign competitors are not.
Korean flat panel display manufacturers Samsung and LG Semicon, who between them control over 50% of the market.
Every American TV and monitor manufacturer, the vast majority of which have their devices manufactured overseas.
UMC: They’d fallen woefully behind TSMC for foundry work, and they won’t be winning much additional American business now.
Every company trying to build a sub-10nm fab in the U.S., as steppers from Netherlands-based ASML just got more expensive and the competition to obtain them might have increased.
Pretty much every fab in China just got more screwed…but they were pretty screwed (and trailing badly) before.
American fabless chip startups: Their costs for getting chips to market probably increased.
Winners
Applied Materials, LAM Research and KLA Tencor. Buying competing Tokyo Electron equipment just got more expensive, and a bunch of companies now have incentives to build fabs in America.
Intel: Assuming they’ve finally got their process technology sorted out (a big if), they’re well-positioned to take CPU market share from AMD and to grow their under-performing foundry business.
Micron (sort of): As the only American DRAM manufacturer, they can probably earn more per each chip produced domestically. But Micron has a lot of overseas fabs these days, and building new domestic DRAM fabs will take years.
GlobalFoundries: The costs of their global competitors just increased, so they can probably win more business for their domestic foundries…if they have the available wafer starts. But they have a lot of foreign fabs as well.
Samsung‘s US foundry business. Presumably the wafer starts for their Austin and Taylor fabs will see increased demand.
Maybe Texas Instruments, but I’m not sure how much mixed-signal and analog competition they have, and that’s their bread and butter.
Neutral
ASML: Being in the Netherlands and having TSMC as their biggest customer, you figure they’d be hurt, but no. You can’t get EUV steppers from anyone else, and I get the impression they’re building EUV steppers as fast as they possibly can already. Anyone building a cutting-edge fab will just have to pay more to get them.
Tower Semiconductor: Half their foundries are in Israel and half in the U.S., so I figure it’s a wash.
That’s my quick and dirty analysis. Of course, Trump is using tariffs like a battering ram to smash foreign tariffs, and if he’s immediately successful, there probably will only be minor hiccups in the global supply chain. But if not, a whole lot of disruption might lie ahead, and it usually takes a minimum of 3-5 years to bring a new fab online.
This may count as an “old man yells at cloud” moment, but before the Flu Manchu lockdowns and the resultant supply chain breakage, HEB’s house brand of Diet Root Beer went for $2.25 a 12-pack. Now, here in early 2025, it’s going for $5.20. I calculate that as a 131% inflation rate over five years, considerably above the official 21.9% phony baloney “let’s lie for Biden” rate. So what gives?
My first thought was “Well, aluminum prices must have gone through the roof again.” Nope.
Aluminum shot way up in 2022, and then came right back down, and has been essentially flat for two years.
As one of the biggest costs in soft drinks 12-packs, you’d think prices might be stable for that, but no. The prices for name brand soft drinks have gone up as well.
Even if we can all agree that the real inflation rate is much higher than admitted, why are soft drinks up so much more than even the unofficial rate?
If you have any idea, please feel free to share in the comments below.
Happy New Year! The Biden Administration is made of lies (which you already knew), a few links about guns, mysterious deaths in Tarrant County jails, Russian finds new, embarrassing ways to lose equipment, Hasbro destroys D&D’s legacy, and a look at biblical werewolves. It’s the Friday LinkSwarm!
One of Biden’s main legacies: Corrupting official government economic statistics:
Another 653,000 fake jobs revised away by govt statisticians. They were faking the data during 2023 and 2024 to try to boost Joe Biden and Kamala Harris.
In the revisions, they have also admitted to 818,000 fake jobs being removed from the 2023 data.
A brand new investigation from the Wall Street Journal has revealed that scientists knew early on that the COVID-19 virus was an engineered virus that escaped a lab, but the information was suppressed by intelligence agencies and removed from all presidential briefings on the matter.
Three scientists from the National Center for Medical Intelligence, John Hardham, Robert Cutlip and Jean-Paul Chretien, had reported their findings that the virus was manipulated in a lab. They shared their findings with the FBI, but were soon told to stop.
In August of 2021, Biden was briefed on the origins of COVID-19 after a 90-day investigation from intelligence agencies. National Intelligence Director Avril Haines briefed the President and left out all research pointing to a lab leak from her briefing.
Sarah Hoyt has a pretty good plan moving forward: We win, they lose.
It’s going to take a long time for us to stop flinching and deciding we’re going to be betrayed. 2020 left scars in the collective psyche, and scars take a long time to fade if they ever do.
The last four years we were hunching our shoulders and just enduring the blows, and that will take a long long time to fade.
And sure, there are things that won’t go our way. But you shouldn’t worry too much about that.
Look, the edifice that supports the boot on our necks is not only rickety. It always was rickety.
Keeping the big lie of the all powerful centralized government in place was a full scale production, and it required a fully coordinated media, fully coordinated panels of “experts”, and a trusting public that believed all of it. Or at least a majority of the public that believed all of it.
It has been eroding for a while, since social media and blogs got really big in the wake of 9/11. Despite their best efforts at censorship, a massed multitude of — what did they call us? — hobbits is harder to control than a few journalists who want to be invited to the right parties.
Trump’s election in 2016 was the first time the media lost to the hobbits. Really lost, publicly. They didn’t like it. The hell the establishment has put us through since is their payback.
It came with unexpected consequences though. The main ones being: their masks were yanked off; and we don’t believe them anymore.
This is the sort of thing that not all the king’s horses and not all the king’s men can put together ever again.
Sure, we’ll “lose” some. Sure, they’re making cunning plans to thwart the will of the people.
But be not afraid. If we win even a few places, it’s enough for the whole edifice of oppression and lies to come tumbling down.
It has been tumbling down, already, even while they were nominally in power, which is why we won 2024.
Be not afraid. This is very important. The rest will fall into place, provided you keep your heads and remember you’re Americans.
Until a few years ago I was working as a mid-career research scientist, no I won’t tell you what field. Within my collaboration I was known for being extremely productive. I’ve seen jaws drop when I show colleagues my publication list.
Then it came time to start applying for junior professor positions.
Got a few interviews, but doors kept getting slammed in my face. It’s a very opaque process ofc, they never tell you why. In one case however I had the dean – a portly Hispanic woman – tell me two minutes into the interview that “women in STEM are very important to me”, and ultimately heard informally from one of the profs at that dept that I hadn’t been hired because of interference from the dean, despite all of the profs on the committee wanting me, and that instead they’d hired … no one.
One of the many controversial chunks of the short-term spending bill that sparked debate recently included funding for the State Department’s Global Engagement Center.
But what’s the problem? After all, who doesn’t like “Global Engagement”?!
Well, this agency — formed by Barack Obama — has been moonlighting as a censorship czar, handing out taxpayer dollars like candy to groups that spend their time suppressing conservative voices online.
(In other words, your average Obama administration government office.)
But after widespread backlash, the new version has no room for the Global Engagement Center.
Snip.
Reports from the Washington Examiner indicated that the GEC bankrolled groups like the Global Disinformation Index and NewsGuard, organizations that basically police speech with the finesse of a drunk mall cop. The Federalist and the Daily Wire even sued the GEC over its role in suppressing right-leaning voices.
Thanks to the new continuing resolution, the GEC finally met its own doom, with yet another scrap of Barack Obama’s legacy shuffling off into the sunset like Joe Biden’s last remaining marble.
Sounds like some companies are asking for a lawsuit:
Just got a dm from someone who works in recruiting at one of big tech companies. He said it's internal policy within the team he works for to reserve roles for what they call “outside talent”.
They are not allowed to recruit Americans for these roles but must go through the…
Suspicious. “North Texas Activist Is Latest to Die in Tarrant County Jail. Mason Yancy was the ninth person to die in Tarrant County Jail custody this year….Yancy was well known to grassroots activists in North Texas and across the state as an advocate for limited government and First and Second Amendment rights. He co-founded Open Carry Texas with activist-turned-attorney CJ Grisham.”
Anti-Chinese riots in Africa, following a disputed election in which Daniel Chapo of the ruling FRELIMO (socialist, formerly communist) party was declared the winner. Seems like the citizens of Mozambique aren’t big fans of Belt and Road…
Waterloo records in Austin is relocating under new ownership. “Caren Kelleher, founder and president of Gold Rush Vinyl, confirmed Thursday she and business partner Trey Watson (CEO of Armadillo Records) will be taking over Waterloo Records. The vinyl shop has operated in Austin for more than 40 years, including 35 years at its current location along West Sixth Street and North Lamar Boulevard.” I used to spend a fair amount of time searching their used CD bins, but I all but stopped going downtown during the “homeless camping” fiasco. (Hat tip: .)
We’ve previously covered that China’s demographics are in severe decline and that China’s GDP may be overstated by 60%. Now a researcher says that China’s population could be overstated by 37-50%.
(Before we dig in, two caveats: First, the channel is Lei’s Real Talk, from someone who came over from communist China and was a student in the U.S. during the Tiananmen Square crackdown, but she doesn’t use her full name, which she says is to protect her family back in China. Second, she’s using AI to answer some of her questions. Still, the math-based questions don’t seem conducive to the “AI hallucinations” we see elsewhere, but some caveat lictor seems in order.)
“We know China is facing a series of economic challenges. Weak consumer, confidence falling real estate prices, high debt, industrial overcapacity, sluggish exports, and so on and so forth. But the underlying issue of the faltering economy, in my opinion, is a severe population crisis.”
“China’s actual population is far below than the official figure of 1.4 billion.”
“I want to compare China and India’s population between the 30-year period from 1990 to 2020. Let’s also compare their average fertility rate between the two countries and their medium age.” If you run those very basic numbers, things don’t add up.
“In 1990, China’s population is over India is by about 270 million [1.14 billion vs. 870 million], and 30 years later China’s population is still over India by 30 million [1.41 billion vs. 1.38 billion].”
“However, if you look at the fertility rate, India’s average fertility rate [2.97%] during the 30 years years is so much higher than China’s [1.70].” All these are the official published rates.
“With that kind of fertility rate in India consistently over 30 years, India’s population should be larger than China’s. Mathematically it’s impossible that China’s population is still greater than India’s.”
I’m skipping over a detailed breakdown of the two country’s respective fertility rates by decades.
“I asked GPT to apply the fertility rates for each country and give me the total population in 2020 for India and China respectively, and this is the results it generate. In 2020 population, India’s population was 1.38 billion, China’s was only 890 million.” India’s number is off the official figure by 4%. China’s number is off by 37%, or 520 million people. And this is at a time when life expectancy for China has been increasing.
Analysis of various other population factor considerations snipped.
“I asked AI to recalculate everything by replacing the official fertility of 1.7 and 1.5 from the year to 2000 to 2010 replaced them with Dr. Yi Fuxian [University of Wisconsin Madison demographic researcher whose work we previously mentioned here] fertility assessment of 1.1. It came up with a shocking total population of 695 million, and that’s less than half of the announced population of 1.4 billion.”
We didn’t see a huge drop in economic output because China’s economy is investment driven.
“Population loss took place over 30 years, and particularly started since 2000, and this reduction in population didn’t show up as reduction in consumer spending until this generation reached the age of 18, or even older, when they started to spend money. So now we start to see the impact on consumer spending because there’s a time lag.”
Plus Flu Manchu deaths.
“China suddenly saw a wave of kindergarten closures, so in some cases private kindergartens have been shrunk by 20% in some regions.”
“So for all these factors combined, I think China’s real population may be between 600 million and to 800 million.”
Given the GDP overstatement estimates, this enormous overstatement of China’s population seems plausible. It also makes all those wild claims of “China will soon overtake the US economically” look even more ridiculous.
China’s “one child per couple” policy will be seen by future generations as one of the greatest self-inflicted catastrophes in history.
Russian lawmakers have proposed introducing food ration cards across the entire country in response to rising prices, claiming the idea has a “healthy foundation”, the Moscow Times wrote on Dec. 15.
Anatoly Aksakov, head of the State Duma’s Committee on Financial Markets, endorsed the idea of reintroducing food vouchers reminiscent of those used in the Soviet Union – the proposal, initially suggested by the Russia’s Kaliningrad Oblast governor.
Aksakov believes the initiative should be expanded nationwide. The Russian official stated that food vouchers would help “support socially vulnerable groups,” though he did not specify a potential monthly allowance for these cards.
“As of Dec. 9, the Russian Ministry of Economic Development reported annual inflation reaching 9.2%, the highest level since February 2023. However, alternative metrics indicate significantly higher figures,” the publication noted.
Food ration cards in Kaliningrad Oblast are set to roll out in 2025, targeting pensioners with incomes below the subsistence minimum.
On Dec. 10, it was reported that the Kremlin had significantly increased military spending amid a catastrophic collapse of the ruble. The Russian government has allocated unprecedented funds for the war against Ukraine.
For 2025, Russia’s budget includes a 25% increase in military spending, bringing it to 13.49 trillion rubles ($175.37 billion). Military expenditures will account for 32.5% of the budget, an unprecedented level since the Soviet era. By comparison, during the first year of the war against Ukraine, the government spent 17% of its budget on the military. In 2023, this figure rose to 19%, and the 2024 year’s allocation stands at 29.5%.
And how is the rest of the Russian economy doing? The parts supporting the war are doing great, but the rest is overheating due to inflation and crumpling under the load of high interest rates.
Interest rates are expected to hit 23% this month.
Despite the high interest rates, inflation isn’t going down, running at an official rate of 9% (and unofficially much higher).
Food staples are up even more, from 12% for bread to 74% for potatoes. Stores are locking up butter to prevent theft.
Russian business bankruptcies are up 30%.
Russia’s rail system can’t afford preventive maintenance due to higher interest rates.
Russia’s current low unemployment is driven by government spending on its war economy, and its not sustainable.
The military sector is sucking in more and more manpower, leaving fewer and fewer workers for other sectors of the economy hit by higher labor costs, higher interest rates, and higher inflation.
Unequal distribution of the gusher of war economy money is screwing the poor even harder.
Even Putin says Russia needs another million workers.
“There is a shrinking number of people who can keep Putin’s war machine running.”
Speaking of Russia’s illegal war of territorial aggression, just how is that going? Given that Russia now has 63-year old recruits, I’ve got to guess not that well.
Also, two Russian oil tankers sank in the Kerch Strait, reportedly because they were river going vessels, and thus not rated for seaborne stresses. That suggests that Russia’s oil transportation capability is in serious trouble.
Also in serious trouble: Russia’s arms export industry, thanks to how poorly their arms have performed in Ukraine.
Finally, largely (though not entirely) unrelated to the Ukraine quagmire—
—is the collapse of Assad’s Syria, an important client state for Russia:
Russia is in a pickle getting its men and equipment home, because it can’t overfly nations hostile to it (most of them), it can’t sail ships home through the Bosporus (Montreux Convention), and it probably can’t get them all the way home up to its Baltic ports because it can’t refuel and resupply at hostile NATO ports (I wonder if a combination of Mediterranean African ports and at-sea resupply could get the job done). Plus Russia has been resupplying its mercenary army supporting Africa’s League of Assholes (Niger, Mali and Burkina Faso) from Syria, and Assad’s fall puts the entire operation in jeopardy.
The stresses on Russia are only going to get worse moving forward. For all the talk that Trump is going to bail Russia out, Volodymyr Zelenskyy evidently doesn’t think so. Plus one of Trump’s key negotiating tactics is to threaten whatever the other party holds most dear to force them to agree to a deal. And given Russia’s numerous manifest weaknesses, Trump is going to go into talks with an awful lot of leverage points…
The official Austin unemployment rate is 3.6%. But having just attended a job fair at an area Texas Workforce Commission which was geared toward older workers, I can give you firsthand evidence that things are a lot worse than official statistics let on, because that place was slammed.
The main room with employer tables was so crowded they had to wait for would-be applicants to leave before letting more in. And if I had known it was going to be that hot and crowded, I wouldn’t have worn the suit. Most attendees didn’t, and seemed to be looking for blue collar and service jobs.
The fair was dominated by City of Austin departments (and APD was even there looking for recruits), but no technical writing positions (I didn’t expect there to be), and IT positions in general seemed thin on the ground. Most of the jobs there seemed to start in the high teens per hour.
Now, it’s been a long, long time since I last attended a job fair, but Back In The Day I never saw one as busy as this one. Nor do I think the statistical understatement of the true magnitude of job losses under the Biden Recession is limited to Austin. With companies hiring illegal aliens rather than Americans, the problem is only likely to get worse.
Treat this as a data point, for whatever its worth.
Since we’re on the subject, I’ve been unemployed for one year now, so feel free to hit the tip jar.
I’ve had several videos cluttering up my tabs, none of which I thought worthy of doing a separate post on, so I’m going to burn all of them off here. Think of it like a sampler plate at a restaurant.
Habitual Linecrosser lays out just how much more powerful the U.S. military is than China. It’s not remotely a fair fight…
From the RNC, why Dallas Mayor Eric Johnson left the Democratic Party to join the Republicans:
“Democrats in power demonstrate they don’t care about stopping the killers or the thieves who terrorize black and brown communities. They don’t care about securing our border, and they don’t care about dangerous homeless encampments. No, the heart of today’s woke Democrat Party is with the criminals, not with their victims.”
From across the pond, why the Labour Party loathes the actual working class:
As here, lefting wing activists want to talk about global warming, gay rights and illegal alien rights, while the actual working class wants to talk about boring old things like “jobs” and “crime.” “There’s a large swath of the Labour Party who feel complete and absolute contempt for white working class people in particular.”
It’s not just the UK: How luxury beliefs are failing all across Europe:
“Only a few years ago, every academic under the sun was telling us that we were going to have a green surge in European politics, largely because most academics support the greens or radical left movements. So they were very support of what was happening. It was quite obvious that this was going to end in election disaster because the policies that many green parties have been bringing forward are not realistically anchored in the life experiences of ordinary voters.”
Also:
“At the core of all of these parties is the immigration population nexus. That is what ultimately this is all about. The more immigration the better, these parties will do that.”
How the EU is killing Europe:
Europe used to thrive on innovation because of different competing nation statues. Now a Mandarin Ming class has taken over and stiffed that. “Europe has failed to produce any significant innovation in the last 30 years.”
How a 1995 episode of Star Trek: Deep Space 9 eerily predicted the actual future of San Francisco in 2024.
Enjoy your sampler platter, and please tip your waitress…
Both unemployment and inflation numbers in the Biden Recession are lies, the DNC finishes up as bad as everyone thought it would be, why supporting Russia’s illegal war of territorial aggression in Ukraine is not a conservative position, Canada goes on strike, crappy modern art prices collapse, and Disney ships The Acolyte to a farm in the country where it can run around all day.
For the past few days, rumors and reports have indicated that the U.S. Bureau of Labor Statistics was going to downwardly revise their assessment of the number of jobs created from April 2023 to March 2024 “by up to 1 million. This means that all ‘beats’ recorded in the past year will have been misses and the US job market is in far worse shape than the admin[istration] would admit.”
The revision is out, and while it’s not quite a million, it’s still really darn high — 818,000 fewer jobs were created in that yearlong period than were initially reported.
In a normal presidential campaign, where the nominee and her running mate did interviews and press conferences, this would be a major headache. Luckily, Kamala Harris and her campaign have more or less unilaterally decided she doesn’t have to do them anymore, and figures like Michael Steele, Rick Wilson, and Leslie Gray Streeter have concurred that presidential candidates answering questions in interviews are an unneeded relic of a bygone era. The candidate will tell us all we need to know or deserve to know in her stump speech.
The president and his team want to communicate the story of successful economic management. The vice president running for her own term doesn’t have the luxury of insisting the economy is doing gangbusters and that inflation is defeated when so many Americans, looking at empty storefronts and office spaces, are concluding otherwise.
The other half of the Misery index, inflation, is up higher than the official rate as well:
🚨🚨Since Kamala Harris took office:
📈Eggs are UP 46.8%. 📈Peanut butter is UP 42.8%. 📈Crackers are UP 40.3%. 📈Baby food and formula are UP 30.1%. 📈 Inflation has skyrocketed by OVER 20%, 📈Delivery services are UP 29.7%. #KamalaCosts#Kamalanomics
This is going to have a lot of Democrats going to Brown Alert: “Robert F. Kennedy Jr. Suspends Presidential Campaign, Endorses Trump.”
Robert F. Kennedy Jr. “suspended” his presidential campaign Friday afternoon, explaining that he would remain on the ballot in many states to give his supporters a protest-vote option but that he would remove his name from the ballot in battleground states, where his presence might help Kamala Harris, the candidate he views as the most significant threat to his populist political project.
Kennedy launched his quixotic run for America’s highest office after boosting his national profile during the Covid pandemic. Already a prominent vaccine skeptic and a scion of America’s most famous political dynasty, Kennedy emerged as a leader of the populist backlash against pandemic lockdowns and vaccine mandates, writing a bestselling book, The Real Anthony Fauci, which cast the face of the federal government’s Covid response as a power-hungry bureaucrat intent on using health emergencies as a pretext to control the public.
After making a splash through his appearances in independent media and building a following among well-heeled Silicon Valley donors, Kennedy abandoned his effort to get on the Democratic primary ballot, accusing the party of sabotaging him. Having failed to gain traction as an independent candidate and with his campaign coffers near empty, Kennedy finally announced the suspension of his campaign in an upbeat speech from Phoenix, Arizona, in which he argued that he and his supporters succeeded in shaking up America’s political establishment.
“We proved them wrong,” Kennedy said of the those who doubted his ability to mount a campaign as an independent. “We did it because, beneath the radar of mainstream media organs, we inspired a massive political movement.”
Kennedy went on to attack Democrats for “disenfranchising American voters” by swapping in Kamala Harris for Joe Biden at the top of the ticket, casting the party he called home for decades as a corrupt cabal of elites who carefully stage manage the political process through their influence over the media.
“The mainstream media was once the guardian of the First Amendment and democratic principles, and it’s joined this systemic attack on democracy,” Kennedy said. “The media justifies their censorship on the grounds of combatting misinformation, but governments and oppressors don’t censor lies, they don’t fear lies, they fear the truth and that’s what they censor.”
The DNC was a parade of horribles, displaying every form of sin, debauchery, and malign political philosophy invented by mankind—all in one room. We’ve spent the last four days being hectored by screeching harridans who demand that we reject the values that made the United States the greatest country in history and replace them with a feminist nightmare.
We learned that a Harris-Walz administration would put abortion on demand, for any and every reason, at the top of its priority list because, in the Democrats’ view, we are not killing enough babies in this country. They’re going to squeeze every dead baby they can out of their four years in office if they make it to the White House.
We also learned that they’re going to drag us into more wars and conflicts and encourage more terror attacks with their flaccid foreign policy—as they hobnob with All the Right Globalists in Davos.
We’ll be looking at Soviet-style price controls, unbridled socialism, and more regulations on businesses.
Kamala and Co. believe that the economy is just humming along, choosing to ignore runaway inflation, rampant joblessness, and the inability of many people to purchase homes, so they’ll double down on the Biden-Harris economic policies.
They’ll destroy children and families by encouraging mental illnesses like transgenderism, using the schools as a vehicle to spread their destructive lies about gender.
And speaking of schools, never forget that Kamala wants to bring back school busing in the name of equity while destroying school choice, which actually results in equity by putting educational decisions in parents’ hands. In June 2019, busing was discussed in a Democratic debate when Harris was still in the race. Afterward, her campaign confirmed that she “supported busing as a method for school integration.” And God only knows what they’ll do to homeschooling if they win in November.
And, of course, the border will remain wide open, with rapists, child traffickers, fentanyl pushers, and drug cartels at liberty to walk into the United States almost unimpeded.
Pro-lifers and peaceful protesters will continue to be locked up while violent felons roam free under a Harris-Walz administration.
A man who says he joined Tim Walz on a trip to communist China is speaking out about his experience of traveling to the country with the future vice-presidential candidate.
“It was almost a daily revelation of how much he adores the communist regime,” the former student told Alpha News.
For over a decade, Tim Walz traveled to and from China. First arriving in the country in 1989, Walz taught at a high school in partnership with a nonprofit program affiliated with Harvard University. During this first trip, Walz was visiting Hong Kong when the Tiananmen Square protests began in April. Those protests ended in June when the communist government massacred protestors on June 3-4, 1989.
After the massacre, Walz later took a train to Beijing to visit the square, according to the New York Times.
Upon returning to the United States after that first trip, Walz told local newspapers how much he enjoyed his time in China. On June 4, 1994, Walz married Gwen Whipple on the fifth anniversary of the Tiananmen Square massacre. Gwen told a local newspaper that Walz “wanted to have a date he’ll always remember,” the Wall Street Journal reported. The couple spent their honeymoon in China, according to local reports from the time.
The Star Herald/Newspapers.com
After this first trip to China, Walz founded a company that took students on summer trips to China. Walz said in a 2016 interview that he has traveled to China “about 30 times” as a teacher and member of Congress. The New York Post recently reported that Walz was a visiting fellow at a state-run university in China as recently as 2007.
Now, a former student who says he joined Walz on a 1995 trip to China is speaking to Alpha News about the experience. That student, Shad, asked that we not use his last name.
For several weeks, Walz and his group of students explored China together in the summer of 1995, Shad said. They saw Tiananmen Square, walked along the Great Wall of China, and traversed the country. However, the former student says he was struck by Walz’s adoration for China and its communist ideology.
“There was no doubt he was a true believer,” Shad said. “I’ve been trying to tell people this for 30 years. Nobody wanted to listen.
“At night, we’d go out, we’d walk the street fairs. We’d be buying souvenirs and Tim was always buying the little red book. He said he gave them as gifts … I saw him buy at least a dozen on the trip,” he said.
Several congressional Democrats facing tight reelection bids, particularly those in tossup or GOP-leaning states or House districts, are skipping the party’s nominating convention in Chicago this week.
Montana Sen. Jon Tester has not yet endorsed Vice President and Democratic nominee Kamala Harris, and he was the red state’s only delegate to withhold a vote backing Harris, according to Montana Public Radio.
Instead of attending the Democratic National Convention, Tester will hold a fundraiser, farm and campaign for his reelection, according to the Montana Free Press.
Nevada Sen. Jacky Rosen told The New York Times that she would be campaigning for her reelection this week and needed to be close to her home state.
Tester, Brown and Rosen are three of the six Senate Democrats most vulnerable to losing reelection, according the the news outlet Roll Call.
Rep. Jared Golden, D-Maine, declined to join the virtual vote to nominate Harris, the Bangor Daily News reported. He also wouldn’t say who he’s voting for in November.
Sen. Sherrod Brown, D-Ohio, told CNN he rarely attends conventions, but he has attended each convention during his time in Congress, according to The Hill newspaper.
New Mexico Sen. Martin Heinrich told Scripps News he has commitments that conflict with the convention.
Plus Rep Yadira Caraveo (D-CO), Rep. Val Hoyle (D-OR), Rep. Mary Peltola (D-AK), and Rep. Marie Gluesenkamp Perez (D-WA) also skipped the convention.
The good doctor is listed online as an “internist” in McKees Rocks, a borough in western Pennsylvania’s Allegheny County, known locally as “the Rocks.”
Campaign finance filings report Young’s practice is located on Heckel Road in McKees and list a 412 area code phone number. But her office does not appear to exist at this address and the number is not in service. Moreover, none of the receptionists attached to doctors’ offices located in close proximity to Young’s office address in McKees have ever heard of her. That’s peculiar in and of itself. But a search of campaign finance records only adds to the intrigue.
Someone identified as Adrienne Young has been making substantial contributions to a left-of-center political action committee known as ActBlue, according to Federal Election Commission records.
ActBlue was founded in 2009 to help Democratic Party candidates and allied “progressive” groups raise funds through a multiheaded hydra serving as a conduit for left-wing donors, with two more arms—ActBlue Charities and ActBlue Civics—funneling money to 501(c)(3) and (c)(4) clients, respectively.
Restoration News is still attempting to contact the individual listed in campaign finance documents as Adrienne Young. Records list her residing on Leet Road in Sewickley, Pennsylvania. These records show that since 2017, Young has made 17,342 in contributions to ActBlue totaling $209,670.06—which averages seven contributions per day.
However, there is no one named Adrienne Young residing at that or any other Leet Road address. Moreover, there is no one named Adrienne Young who could be described as a “mega-donor” in the same vein as say a George Soros, the source of the Open Society Foundations’ billions, or former New York City Mayor Michael Bloomberg. Moreover, mega-donors do not typically make multiple transactions over an extended period of time, but instead make lump sum donations.
To add to the confusion, one online search for Young does suggest she has more than 44 years of experience in the medical field and graduated from the University of Miami Miller School of Medicine in 1979. It raises a key question: Such a credentialed person should not be so difficult to find. If she’s out there, Young could be the victim of identity theft. If she’s not, then she might be a fictitious person used to pump funds into ActBlue.
“Smurfing” involves repackaging large sums of money into smaller, individual transactions to appear less suspicious and avoid scrutiny from law enforcement officials. Is “Adrienne Young” a cover for such an operation, benefiting Democrats?
While it is indisputably the case that ActBlue is ringing the bell with hundreds of thousands of dollars in contributions, it’s not evident the smaller contributions that translate over time into larger sums are coming from an individual donor.
One of the more recent contributions to ActBlue leading back to the donor identified as Young came on March 16, 2023, in the amount of $1196.50. That’s not an unusual amount for an individual, but what is unusual is folding that amount into more than 17,000 contributions made over the span of several years. The donor identified as Young was actively contributing to ActBlue at least through part of this year with a donation of $429.00 made on April 30, 2024. If a smurfing operation is underway, it may not be limited to what’s flowing into ActBlue.
There were also 991 donations made in Young’s name totaling $26,481 to the Democratic Congressional Campaign Committee, 904 donations totaling $22,881.72 to the Democratic Senate Campaign Committee, and $16,190.56 to the Progressive Turnout Project, a left-of-center PAC based in Chicago.
Once again, multiple small donations add up to large donations over time. Young is listed, for example, as making a $869 donation to the Democratic Congressional Campaign Committee on May 12, 2019, $1,776 to the Democratic Senate Campaign Committee on May 23, 2024, and $800.00 to the Progressive Turnout Project on April 12, 2024. Apparently, Young has been an active donor, at least up until a few months ago.
Allegations involving multiple donations to ActBlue that might possibly involve identify and credit card theft have caught the attention of Virginia Attorney General Jason Miyares who is conducting his own investigation. The attorney general has sent a letter to ActBlue that is available on X. For its part, ActBlue has pushed back against Miyares in a statement describing the Republican attorney general’s actions as a partisan exercise.
How expansive smurfing might be across the country isn’t certain. But the common denominator in these questionable transactions—ActBlue—certainly is.
Restoration News has identified another potential fictional donor, Wendy Urbanowicz, residing in Vancouver, Washington. Campaign finance records show that since 2020 she has made 28,659 donations to ActBlue totaling $260,196—averaging 17 contributions per day.
Urbanowicz supposedly made another 720 donations totaling $12,099 to the Democratic Congressional Committee; 609 donations totaling $12,365 to the Democratic Senate Campaign Committee; and 259 donations totaling $11,421 to Sen. Mark Kelly, D-Ariz.
But an online search for Urbanowicz is every bit as fruitless as a search for Adrienne Young. She’s listed in FEC filings as a 73-year-old residing in Vancouver, Washington, with a 360 area code phone number. Once again, there is no record of Urbanowicz in Vancouver and the number is not active.
It’s always possible someone is deceased or moved away. But some of the contributions listed by the FEC for Urbanowicz are as recent as May 2024. Just to cite a few examples, a donation from Urbanowicz in the amount of $2,955 was made on March 22 and a $193 donation was made on May 12.
Not all of the FEC records pop up in an online search. This one, for instance, for ActBlue produces an error message.
But Urbanowicz and Young are both listed as donors to the far-left PAC EMILY’s List, which backs Democrats. In these filings, Urbanowicz is listed at a P.O. Box in Vancouver with the ZIP code 98668. We’re still attempting to track down Urbanowicz, but early indications are that no one with her name resides in Vancouver or nearby.
Chicago is living down to its reputation. “Texas Delegate Robbed at Gunpoint Near Democratic Convention in Downtown Chicago.”
A member of the Texas Democratic delegation, who arrived in Chicago for the Democratic National Convention this week, was robbed at gunpoint while walking with a friend in the city early Wednesday morning.
The delegate’s name is unknown at this time, CWBChicago reported. The outlet said it is “not identifying him by name because he is a crime victim.” No one is in custody and detectives are still investigating the crime, the Chicago Police Department confirmed in a statement obtained by National Review.
The victim and his friend were walking near Allegro Royal Sonesta Hotel Chicago when a gunman in a ski mask pulled up in a black Range Rover and robbed them around 2 a.m. The robber stole a 25-year-old man’s wallet and hotel-room key in the same vicinity before turning his attention to the delegate and his associate. No injuries were reported in either incident.
The prime suspects are described as two black men wearing all black clothing and ski masks. They are still believed to be at large.
The Chicago police issued an alert warning the community about the robbers Thursday morning, saying they were linked to another robbery around the same time that the delegate and the two other victims were mugged. The pair are also responsible for two more robberies early Tuesday and Monday morning.
Sounds like the sorts of career criminals that Democrats go out of their way to make sure remains on the streets to victimize people…
Washington, D.C., councilman Trayon White (D.) was arrested Sunday on a bribery charge, the United States Attorney for the District of Columbia announced, over allegations that he agreed to take cash payments in exchange for pressuring government employees to extend public-safety contracts with two firms.
White, who chairs the D.C. Council’s Committee on Recreation, Libraries, and Youth Affairs and oversees the D.C. Department of Youth Rehabilitation Services, allegedly sought a sum of $156,000 — three percent of total contract value — for his work. In its press release, the office of U.S. Attorney for the District of Columbia Matthew Graves noted that White’s alleged corruption was caught on film.
“According to the complaint, White’s agreement with a confidential human source (the owner of the companies) — including the source’s payments to White of $35,000 in cash on four separate occasions (June 26, July 17, July 25, and August 9, 2024_ and the source showing White a document reflecting how White’s three-percent cut was calculated based on those contracts — was captured on video,” the release reads.
Graves wrote in a statement that the time-sensitive nature of the case led his office to act quickly.
“Because the investigation into the alleged bribery scheme involved contracts that could soon be awarded and other potential official acts that could be taken, our Office took swift steps to address the alleged crimes we were investigating,” Graves said.
White is perhaps best known for a 2018 video he published in which he accused Jewish financiers of controlling the weather.
“Man, it just started snowing out of nowhere this morning, man,” White said. “Y’all better pay attention to this climate control, man, this climate manipulation. And D.C. keep talking about ‘we a resilient city.’ And that’s a model based off the Rothschilds controlling the climate to create natural disasters they can pay for to own the cities, man. Be careful.”
It’s time to talk to some of the bizarrely non-conservative conservatives, who for unfathomable reasons are fans of Putin’s Russia. We call these people “Brosheviks.”
The simple background is that Kiev is far older than Moscow, and various groups controlled both territories. Ukraine was independent as a nation, then captured by the USSR. The USSR spent seventy plus years abusing and starving Ukraine to the tune of more than 30 million people. After the USSR collapsed it became independent, and the poorest country in Europe, looted and raped by its occupiers.
Ukraine had a lot of corruption because it was a former Soviet state. They all do. It has far less corruption than Russia. Remember the Clinton Foundation washing $650 mil through Russia? And Uranium deals? Etc? That’s just the stuff we know about large scale.
~~
The USSR, though, and now Russia has the greatest propaganda organ the world has ever seen. Witness:
Literally every Russian military development—tank, aircraft, everything, led to wails of, “Oooh! The Russians have got us this time! ZOMG! State of the art! We’ll be catching up for generations! Panic! Gloom, despair, and agony on me!”
Then we’d capture or acquire one and it would be shit tier garbage. Every fucking time. The MiG25: Shit that couldn’t dogfight or maneuver and had no loiter time. The T72: Shit armor, shit fire control, overall shit. The T90: Such shit a Bradley can take it out with 25mm. The vaunted AK47: If you’ve ever shot one you understand it’s a weapon for illiterate peasants and yes, jams like you wouldn’t believe if you haven’t handled one. That long stroke gas piston loves corrosion, debris, and mud and turns into an unergonomic club.
The USSR persuaded the Western world, especially the left, that they were some sort of victims, not a larger, less-effective murder machine as the Nazis, but still a mass murder machine with a higher body count. Hanging a Swastika banner will get you excoriated (and should), but hang up the Hammer and Sickle, and well, we have to be tolerant of divergent viewpoints.
We really fucking don’t. Commies are just as much subhuman shit as the Nazis. But that propaganda.
Snip.
“Ukraine has corruption! Vlad is saving us from the New World Order!”
Name a single nation we’ve ever assisted in war that wasn’t corrupt. Including our own.
Also, if you’ve paid attention the last decade (you obviously haven’t paid attention the last decade), Ukraine was in the process of flushing the corrupt leaders, most of whom were…friends of Vladimir Sputum.
~~
“Ukraine has Nazis!”
Probably a few. So does the US. So does Russia, since the head of Wagner Group, named after Hitler’s favorite composer, LITERALLY HAS SS INSIGNIA TATTOOED ON HIS CHEST, COLLARS AND SHOULDERS. Are you that fucking gullible and retarded? Apparently.
Also, the POWs from the alleged Nazi Azov Battalion were exchanged for Russian POWs, no issue. So no (alleged) Nazis were actually stopped or tried.
Also, those “Nazis” are taking orders from a Jewish comedian. Vlad explains this as “They’re a special kind of Nazi that isn’t necessarily anti-semitic, but still Nazis.” So, National Socialists…like yourself, Vlad?
Snip.
“Russia warned Ukraine not to join NATO! They can’t be aggressive like that.”
Ukraine has not joined NATO, and your ex doesn’t get to tell you who to date.
~~
“Russia is rightfully afraid of NATO aggression!”
THIS Cold War bullshit again? Are you liberal, or retarded?
~~
“Why won’t anyone stand with Russia against the New World Order? Vlad is a hero!”
Such a hero his allies are Lil Kim in North Korea, and the Assahola in Iran. That’s who you’re supporting here, dipshit.
~~
“You’re going to find out that Ukraine is carefully making it look like they’re winning! There’s this huge push in March/April 2023/2024 that’s going to end it. After Ukraine is worn out fighting Russian garbage, the A-team is going to wreck them!”
It’s been 2.5 years. The Russian Airborne died the first day. The vaunted Spaznutz met Ukrainian reservists and got slaughtered like the shit tier, third world, all-show-and-no-dick bitches they actually are. It’s getting worse. Russians have been seen on scooters (the step on kind that populate cities like cockroaches) and Chinese golf carts. They’re losing T54s on a recurring basis, having run out of modern (1960s) tanks. It’s become a joke at this point.
Snip.
FACT: Russia invaded Ukraine because it wanted to seize territory it’s not entitled to, and is getting its incompetent shit tier military ass kicked by a third world nation. Even if they “win” a few counties of utter wasteland that are wrecked more than No Man’s Land in WWI, they’ve lost their credibility and military footprint for decades to come.
Ukraine also hit Marinovka airbase in Volgograd, some 500km from the front lines, with drones using ball bearing warheads like on HIMARS tungsten rounds, hitting number of hangers and destroying at least three Su-34 and one Su-24 aircraft.
Texas Children’s Hospital (TCH) has fired a whistleblower following allegations that it was “unlawfully billing the state Medicaid program” for the purposes of child gender modification.
The whistleblower, Vanessa Sivadge, provided a statement to the Manhattan Institute’s Christopher Rufo with details about how she was fired after revealing the “sex-change procedures ongoing at the hospital, but also the fraud and deception related to the illegal billing practices to Medicaid in having these procedures covered by taxpayers.”
Sivadge stated that after her initial story went public, TCH put her “on leave.” She was then fired on Friday, August 16.
Prior to Sivadge blowing the whistle, she stated that she submitted a religious accommodation request to transfer to another department. She said her role in the endocrinology clinic “was devastating” because her role as a nurse “primarily involved providing medication refills and working with physicians to answer questions from parents about treatment plans.”
Sivadge added that she “would like to challenge this in court” and asked for donations for her legal defense.
“No regrets,” wrote Sivadge on social media.
Her story first became public back in June, following a previous TCH whistleblower, Eithan Haim, alleging that TCH had continued to provide “gender-affirming care” to minor children even after stating that it would stop doing so.
Following Sivadge talking with Rufo, the Federal Bureau of Investigation (FBI) sent agents to her home to “intimidate and threaten her,” in Rufo’s words.
Haim has been visited by agents of the U.S. Department of Justice (DOJ) and has been indicted on four felony counts of violating the Health Insurance Portability and Accountability Act, or HIPAA.
The Harris County Commissioners Court voted along partisan lines last week to revive a guaranteed basic income (GBI) program for select residents with more restrictions and higher costs, although a previous version was halted by state courts earlier this year.
Under the original version of the program, named Uplift Harris, the county planned to send “no-strings-attached” $500 monthly stipends to 1,928 recipients for 18 months, but Texas Attorney General Ken Paxton filed suit challenging the constitutionality of the program last April. Earlier this year, the Supreme Court of Texas (SCOTX) halted the plan indefinitely.
Now Harris County Judge Lina Hidalgo says the revised program, Uplift Harris 2.0, will provide preloaded cards with restrictions on how the funds may be spent.
“That’s not the spirit of a guaranteed income program,” said Hidalgo. “If the state gets in the way of this and the program becomes stuck in court again then the funds will be reallocated to programs that already exist to support people living in poverty.”
Hidalgo did not specify the restrictions on how recipients could spend funds but said the debit cards could be used for “medicine, groceries, et cetera.” The county has not yet published details of the revised GBI.
Commissioners will cover the costs of Uplift Harris with nearly $21 million in federal American Rescue Plan Act funds, of which $17,350,000 will be distributed to selected residents and $1 million will fund a study of the program’s effectiveness.
Administrative costs charged by nonprofit GiveDirectly were originally $1,740,500, but under the revised GBI will rise another $400,000.
All the better to rake off more social justice graft…
“Warner Bros Discovery pledges $8.5 billion on Nevada Studios pending tax credit approval.” Moving production out of California makes a lot of sense, though $8.5 billion is a lot of money for a company with a market cap of $19.5 billion.
Critical Drinker watches the new Snow White trailer. “As for the dwarfs, [these] things are absolute nightmare fuel.” And it’s amusing to see Rachel Zegler go from calling the original “dated” to calling it “beloved” is an amusing turnabout.
In life you reap what you sow, and if what you sow happens to be a $180 million vanity project made by a feminist activist promoted way beyond her abilities with practically no experience, only a vague understanding of the subject matter, and even less talent for actual storytelling, starring a blank-faced charisma-vacuum with all the acting talent of a comatose Steven Seagal, and incorporating some of the most cringe-inducing scenes ever committed to film, then, well, what you reap will be a big old dose of cancel.
More: “Man, it’s got to be a bitter pill for Kathleen Kennedy to swallow. [The Acolyte] represented her ultimate vision for Star Wars: Female focused, female led, and female directed. And, funnily enough, it was rejected by absolutely everyone.” And: “The cold, harsh truth is that the mythical ‘modern audience’ that Lucasfilm have been chasing for 10 years now simply doesn’t exist, never has existed, and never will exist.”
Just a bit more on The Acolyte from How it Should have Ended:
This just in: Crappy modern art is now bringing in 1/10th of what it was. Still outperforming NFTs, though…
John Richardson of the No Lawyers – Only Guns And Money blog is running for the NRA Board of Directors. Since he has done such and admirable job of covering every twist and turn of the organization’s dysfunction during the terminal years of the LaPierre regime, I can only imagine that he’ll be an excellent addition to the board.
Rotten Tomatoes drops the audience score to hide how much viewers actually hate woke films. Sounds like they just made their site entirely useless.
At least six Hooters restaurants in Texas suddenly joined the growing list of restaurant closures over the weekend, and more may follow.
A handful of Texas Hooters locations have been listed as “permanently closed” on Google, and national sports bar chain officials have confirmed the closure. U-Haul moving trucks were spotted being loaded outside of Lubbock’s Hooters, which was among the Texas locations to permanently close.
Hooters employees also shared the closure is the most recent of around 40 locations that have shuttered across the U.S. In addition to the Texas locations, Florida also saw the closure of a Hooters over the weekend.
“Like many restaurants under pressure from current market conditions, Hooters has made the difficult decision to close a select number of underperforming stores,” the company stated in an email. “Ensuring the well-being of our staff is our priority in these rare instances. With new Hooters restaurants opening domestically and internationally, new Hooters frozen products launching at grocery stores, and the Hooters footprint expanding into new markets with both company and franchise locations, this brand of 41 years remains highly resilient and relevant.”
The following Texas locations appear to be permanently closed:
Bryan: 960 N Earl Rudder Fwy
Lubbock: 4950 S Loop 289
McAllen: 410 E Expressway 83
San Angelo: 4384 Sherwood Way
Seabrook: 1818 NASA Road 1
Wichita Falls: 3701 Call Field Rd
According to the New York Post, “Roughly 40 of the 300 restaurants worldwide were shut, including in Florida, Kentucky, Rhode Island, Texas and Virginia, according to Nation’s Restaurant News. The number of Hooters locations has declined by 12% since 2018.”
You know a recession is serious when men stop paying for beer, cheeseburgers and fried appetizers delivered by busty, scantily-clad waitresses.
For those who have followed LinkSwarm links on falsified job data under the Biden Administration, it should come as no surprise that all the job gains in the largest and bluest state in the union in 2023 were fake.
According to the latest report published by the non-partisan California Legislative Analyst’s Office (LAO) which is an agency of the California government, is overseen by the Joint Legislative Budget Committee of the California State Legislature, and performs and publishes extensive analyses of the state’s budget in addition to providing fiscal and policy advice to the California Legislature, contrary to prior reports of over substantial job gains in the deep blue state in 2023, the reality was far uglier.
In a report titled “Newest Early Jobs Revision Shows No Net Job Growth During 2023” we learn just that: the Early Revisions to state-level data flagged here previously, suggests that California actually lost jobs during the fourth quarter of last year. As the report details, “based on the most recent release of the early benchmarks, payroll jobs declined by 32,000 from September 2023 through December 2023. On the contrary, the preliminary monthly reports showed a solid increase in job growth (+117,000 jobs) at the time.”
This, according to the LAO, means that “with the fourth quarter revision, calendar year 2023 saw essentially no net job growth (+9,000 jobs overall).”
So maybe all but 9,000 were fake? Nope.
The data since January 2024 has not yet been rebenched, which means that the figure includes the Early Benchmark Revision for these recent months are growing at the same rate as the official CES estimates. But one can be absolutely certain that once the next set of revisions come in, California will not have generated any actual job growth for the second year in a row. In fact, make that all of America.
