Episode Transcript
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Speaker 1 (00:00):
People like you, the fake, dirty press, the crooked press,
people like stupid Biden. He's not smart enough to know
what's gone. But people that surrounded him, surrounded his beautiful,
resolute test in the Oval Office. What they did to
the lives of people, They destroyed people, They sent people
to jail who did nothing wrong.
Speaker 2 (00:22):
Just be very clear, there's no evidence of what you're saying, Tough.
Speaker 1 (00:25):
This tremendous evidence is nothing but evidence. The election was rigged.
It was a dirty election. This is happening again right
now in California's happening right.
Speaker 2 (00:36):
Now in California.
Speaker 3 (00:38):
You're listening to the forty seven Morning Update with Ben ferguson.
Speaker 2 (00:41):
Good Monday morning. Nice to have you with us on
the forty seven Morning Up Date. And we've got some
very big news for you this morning. President Trump going
on offense, this time with incredible data on the jobs report.
All the economists and the media and the Democrats got
it wrong. So how is the economy and is the
private sector and small businesses or are they growing? You
(01:03):
better believe it, and we've got the data to back
it up. Now, before we get to that, I want
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(03:12):
and make that switch today. It's the forty seven Morning
Update and it starts right now. Story number one, The
Trump economy just crushed it. Let me say that again.
The Trump economy just crushed it again. Now, if you
listen to media, you would think America is literally on
(03:34):
the verge of collapse. They keep telling you the economy
is weak, They keep predicting disaster, they keep rooting for
bad news because they believe in propaganda. They believe that
bad news hurts President Donald Trump, and then it will
hurt Republicans in the midterms. That is their whole goal.
(03:54):
Once again, however, reality showed up and embarrassed every single
one of them in the media. The job numbers are
in and they are absolutely incredible. No one expected what
I'm about to tell you. That is at the United
States economy added one hundred and seventy two thousand jobs
(04:19):
in May. CNN having to report the data, here's what
they said.
Speaker 4 (04:26):
This really blew away expectations. The US economy adding as
you mentioned, one hundred and seventy two thousand jobs in May.
The forecast was for one hundred and five. There were
whispers for half that, so that is a significant beat.
And there were positive revisions.
Speaker 2 (04:39):
Asps tell me about the revisions.
Speaker 1 (04:41):
That's now become my new favorite thing.
Speaker 4 (04:42):
Yeah, well, we've become so accustomed to negative revisions and
now we've got the opposite.
Speaker 2 (04:46):
Right.
Speaker 4 (04:47):
There was a modest increase from March to a very
healthy two hundred and fourteen thousand, but April was revised
sharply higher to one hundred and seventy nine thousand.
Speaker 2 (04:56):
Now you listen to what I just played for you,
and that is the worst news that CNN could have
ever asked. For you can even hear there. So now
I want the revisions. Tell me what the revisions are. Well,
their revisions were actually up again. So the job numbers
are in. They're incredible. The revisions are in for the
month before they're also incredible. And not only do we
(05:18):
beat the expectations, we literally crushed them. Every economist surveyed
by Bloomberg underestimated the numbers, every single one of them,
which begs the question, are these economists actually just political
hacks that hate Donald Trump as well? It's a fair
question when all of them got it wrong. Now, Wall
(05:40):
Street expected roughly half of what the Trump economy delivered.
And that's not all. Is that you heard there. The
April jobs number were revised upward to one hundred and
seventy nine thousand jobs. So when you combine the revisions
from March and April, the economy actually created ninety three
thousand more jobs than originally reported. That's not a little bit.
(06:04):
That's a lot. Now, if you think about it for
a second. The experts were wrong, the economists were wrong,
the media was wrong, all of them. Again. Yes, like
there's a trend here. Unemployment, by the way, held steady
at just four point three percent. And perhaps the most
important number in this report is what's happening with small businesses.
(06:27):
Paycheck reports that small businesses, and this is incredible, hiring
has now accelerated for not one, not two, but three
straight months. That is considered a trend because small businesses,
if they're not hiring, well, they're not hiring because they
don't have confidence. But these small businesses are hiring because
(06:49):
somebody in Washington is telling them it's okay, and they
believe that person. Who am I talking about, I'm talking
about President Donald Trump. They're hiring because because they believe
the future actually looks brighter. These small businesses are hiring
because confidence is actually returning, and confidence drives economic growth.
(07:11):
And that's why these numbers matter so much and why now,
of course, the media does not want to talk about it.
This isn't government hiring either. I'm gonna say that again.
This isn't government hiring. This isn't artificial growth. We've seen
Democrats do that before, and by the way, sometimes Republicans
have they will try to make the numbers go up
(07:32):
by having government hiring. That's not what this is. This
is real economic activity happening all across America in the
private sector, and while the economy is continuing to actually roar. Yes, statistically,
that is what is happening. There's also something else that
happened this week that deserves attention as well. President Trump
(07:54):
signed what could become where of the most important national
security directives of the decade, his historic Artificial Intelligence Directive,
aimed at ensuring America remains the world's technological leader. Now,
let's be honest, the next major global competition isn't just
about tanks and aircraft carriers. It is about artificial intelligence. Now,
(08:17):
I've warned you about this for a while that if
we don't lead on AI, China will, and China will
control AI, and China will control every aspect of what
people believe what they find. Now, this isn't just about
who controls technology that will shape military strategy. It will
(08:38):
also shape intelligence gathering, it will shape cybersecurity. It will
also shape medicine, manufacturing, and economic power. And there's one
country that desperately wants to beat America. I'll say it again,
it's China. Now, to be clear, the Chinese Communist Party
(09:00):
has invested hundreds of billions of dollars. I'm gonna say
that again, hundreds of billions of dollars to dominate AI.
They know whoever leads the AI race will possess enormous
economic and military advantages. Now, President Trump's directive recognizes that
(09:22):
reality that the United States isn't going to sit back
and surrender technological leadership. We're going to lead. We're going
to be innovative. We're going to make sure American technology,
not Chinese technology, defines the future of the greatest country
in the world. Now, let's talk about another area real quick,
where the administration is also taking aggressive action. Again, I
(09:45):
tell you these things because the media refuses to cover this.
The goal, by the way, is pretty simple. It's on
the issue of crime. The Department of Justice has announced
that they're calling the Model Cities Initiative a new way
of fighting crime, targeting cities that have been overwhelmed by
violent crime and then restoring law and order. Now, for years,
(10:09):
Americans have watched major cities that send into chaos. We've
seen retail theft, we've seen carjackings, violent crime, open air
drug markets, businesses are fleeing. And when cities rise in crime,
we also know what happens poverty and unemployment rates go up,
Families then move out. Schools begin to fail at bigger
(10:33):
rates than before, and the administration has said, enough is enough.
We need to protect our big cities, and we need
to do it because everyone, regardless of who they voted for,
and regardless of how much cash flow they have, how
much they make, deserve to have you guessed it a
safe city. It is also good for the economy, and
(10:55):
the President understands that. Now, this initiative designed to bring
federal resources and they say to fight and help communities
reclaim their streets. Immigration enforcement is also continuing to intensify,
which yes, helps protect American workers. Now. This week, border
patrol agents in Arizona, for example, stopped an operation involving
(11:16):
dozens of legal immigrants who were driving semitrucks, putting your
lives at risk on the roadways. Now, think about how
brazen that has become. Look In New Jersey, authorities arrested
individuals accused of attempting to disrupt operations and an ice
attention facility. They were demanding that everyone in there, including rapists,
child molesters, human traffickers, and drug dealers, were let out
(11:40):
of the facility. The message from this administration, however, is
really clear the laws are going to be enforced, borders
actually have a meaning, they matter, and national sovereignty matters.
Now you look about all of these issues, they all
go back to one thing. With President Trump. Every American family,
(12:03):
he says, is his first priority. Yes, he also wants
to protect Americans from financial fallout and prescription drug prices.
We're saying. The President also talked about this week announcing
additional actions designed to lower costs and increase transparency in pricing.
For years, Americans have complained and have been strapped for
(12:28):
cash when it comes to paying for medications, and we
pay a lot more than other countries. It's an issue
that Donald Trump led on. Democrats, by the way, have
talked about it for years, so Republicans. But this administration,
they're taking direct action to put pressure on the system
and reduce costs for every American. And if you talk
(12:49):
about accountability, well, the President also signed a directive aimed
at increasing accountability through the federal workforce. The basic premises
past week is pretty straightforward. Xs Payers expect government employees
to work for the taxpayers, and the administration says performance, productivity,
and accountability should matter in government, just like they matter
(13:10):
in the private sector. So you take a look at
all of this. The Trump effect is real. Just this week,
more than three point four billion and new investments were
announced three point four billion, General Dynamics announce twohundred million
in investments, USG announced one billion investment. These are just
some of the people that are investing in America. So
(13:33):
for years Americans have become dangerously dependent on foreign suppliers.
This present saying not anymore. You want to know what
the Trump plan is, putting Americans first and fighting on
all of these issues at the same time.
Speaker 3 (13:48):
Thank you for listening to the forty seven Morning Update
with Ben Ferguson. Please make sure you hit subscribe wherever
you're listening to this podcast right now and for more
in depth news, also subscribe to the Ben Ferguson podcast
and we will see you back here tomorrow