AI Summary
5 min readThe morning after a terrible jobs report, Donald Trump went silent, while his top aides were loudly booed at a Washington, D.C. event. The MeidasTouch Podcast opens with this contrast: Trump posted about his own stock investments and attacked NATO, but offered no comment on the economic data. Meanwhile, Defense Secretary Pete Hegseth, acting Attorney General Todd Blanche, and Stephen Miller faced a massive protest outside the White House, struggling to deliver a speech to National Guard members as the crowd drowned them out.
The Jobs Report and Trump's Silence
The June jobs report was significantly worse than expected. The U.S. added just 57,000 jobs, far below the 115,000 economists had forecast. Revisions for April and May were also negative. The labor market showed deeper weakness: 720,000 people left the labor force, 507,000 fewer people were employed, and the employment-to-population ratio fell to 59% — its lowest level in about five years. Inflation sits at 4%, outpacing wage growth of 3.5%.
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What you'll learn
- 1 (00:09) **Episode Introduction & Ad Read** - Hosts introduce the episode and read advertisements for DailyPay and San Pellegrino.
- 2 (00:57) **Trump Goes Mute After Weak Jobs Report** - Trump posts about his Micron stock and attacks NATO, then goes silent after a disastrous June jobs report is released.
- 3 (03:17) **White House Aides Booed at D.C. Event** - Stephen Miller, Todd Blanche, and Pete Hegseth are loudly booed by protesters while giving a speech to National Guard members outside the White House.
- 4 (06:02) **The "Great American State Fair" Is a Ghost Town** - Fox News struggles to promote the sparsely attended state fair in D.C., with literally no attendees visible on camera.
- 5 (08:18) **Deep Dive: The Disastrous June Jobs Report** - Key takeaways from the report: hospitality lost 61,000 jobs due to boycotts of American tourism, and net job losses total 229,000 since Trump took office.
- 6 (09:43) **Fox News Spins the Bad Economy** - State-run media (Fox) claims the economy is in a "golden age" and suggests buying stocks, while pivoting to attack Kamala Harris.
- 7 (11:57) **Supercut: Trump Officials' Broken Economic Promises** - A montage of Trump officials repeatedly promising economic boom "in the next quarter" or "next year," none of which materialized.
+ Full timestamped outline available in the app
Show Notes
MeidasTouch host Ben Meiselas reports on Donald Trump going mute after a horrible jobs report and as his top White House aides were booed in Washington DC and as no one shows up to his State Fair.
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