Closeup,Detail,Of,Dollar,Bill.,Economist,Forecast,For,The,United

The Disappearing American Job: How the Fed, the Feds, and Fake Numbers Are Killing the Middle Class

EDITOR'S NOTES

Ryan McMaken just dropped a heavy truth bomb over at Mises Wire, exposing the phony jobs recovery for the sham it is. His article, The Jobs Economy Worsens as Full-Time Work and Manufacturing Jobs Disappear,” peels back the bureaucratic propaganda to reveal the real carnage beneath those government-issued employment stats. I’m in full agreement with McMaken on this one—what we’re witnessing isn’t just a weak job market. It’s a systemic hollowing-out of the American workforce by design. The political elite are engineering the collapse of full-time work, replacing it with gig scraps and inflation-driven despair. Below is my full breakdown and blistering commentary. Buckle up.

The Full-Time Mirage: Welcome to the Gig Plantation

They tell you “jobs are back.” But what they don’t tell you is that it’s not the kind of work you can build a life on. It’s part-time, low-wage, no-benefits table scraps served up by a system that’s been gutting the real economy for decades.

In August, the U.S. added a pathetic 22,000 jobs. But here’s the kicker: full-time employment dropped by 357,000 while part-time employment rose by nearly 600,000. This isn’t a recovery—it’s a redistribution of desperation. Americans are working multiple dead-end gigs just to afford rent and groceries while the corporate class consolidates wealth through inflation-fueled asset bubbles.

This isn’t market failure. It’s success—success of the rigged, centrally planned economy brought to you by the Federal Reserve and the captured bureaucrats in Washington, D.C.

The Empire of Lies: How Government Stats Are Weaponized

The Bureau of Labor Statistics—now more of a Ministry of Employment Propaganda—puts out two job surveys: one counting jobs, the other counting people. The establishment survey says jobs are growing. The household survey says people aren’t working. Which one’s closer to the truth? The latter.

Why? Because you can’t eat a “job” if it’s one of three part-time gigs you’re juggling to survive. And here’s the sinister part: the establishment survey counts each part-time job separately. So if one worker’s holding down three side hustles to make ends meet, that’s “three jobs created.” It’s statistical fraud masquerading as economic growth.

Tariffs, Tech, and the Myth of Manufacturing Rebirth

Trump’s “America First” platform promised a return to manufacturing glory. But since April—after the so-called “Liberation Day” tariffs kicked in—we’ve lost 42,000 manufacturing jobs. That’s right: protectionist economic nationalism didn’t spark a factory renaissance. It sparked job evaporation.

But it’s not just tariffs. It’s the cumulative effect of decades of bipartisan betrayal—outsourcing, offshoring, and the automation of the working class out of existence. Washington sold the factory floor to the highest bidder, and now they’re selling the lie that tariffs alone will fix it.

The Coming Inflation Pivot: A Trap Disguised as Stimulus

Now the Fed is licking its lips, getting ready to “help” again. The White House won’t mention these numbers because they undercut the narrative. But make no mistake—Trump, like every president before him, will beg the Fed for more cheap money. Lower interest rates, more asset purchases, and another tsunami of dollar dilution.

The Fed’s next move? Cut rates to “stimulate jobs,” even though it’ll do nothing but inflate the already-bloated balance sheets of hedge funds and bail out zombie corporations. Meanwhile, your dollar loses more purchasing power every month.

They don’t want deflation. Why? Because deflation helps savers and wage-earners. It threatens the top-heavy asset pyramid. If houses and stocks drop in price, the ruling class loses leverage. So instead, they’ll burn the dollar to the ground before letting the market correct.

Young, Broke, and Screwed: Gen Z’s Grim Future

Unemployment among 16–24-year-olds just hit 10.5%, the highest since 2021. And that’s just the tip of the iceberg. Add in underemployment, student debt, and inflated housing, and you’ve got a generation locked out of adulthood by design.

Why? Because compliant, desperate, indebted people make the best digital serfs. The system doesn’t want young Americans building wealth. It wants them tethered to subscriptions, trapped in rental cycles, and pacified with dopamine-driven tech.

The Solution the System Fears: Real Deflation, Real Markets

The only sane path forward is the one no one in power will take: stop the monetary manipulation. Let the market set interest rates. Let the bubbles burst. Yes, prices will fall. Good. Let them. Let housing, healthcare, education—all the cartel-rigged sectors—drop to levels working people can afford.

But the Fed won’t allow it. Because their job isn’t to protect the middle class. It’s to protect Wall Street, subsidize political donors, and keep the illusion of prosperity alive just long enough for the next election cycle.

Conclusion: Burn the Narrative, Not Your Future

This is what a controlled demolition of the American Dream looks like—choreographed in real-time by central banks, corporate media, and complicit politicians. The numbers don’t lie. But your government does. Constantly.

Want to survive this collapse with your wealth and sanity intact? Stop trusting the system. Start building your lifeboat. Download “Seven Steps to Protect Yourself from Bank Failure” by Bill Brocius right now and take the first step toward reclaiming your financial autonomy.
👉 Download Here

Derek Wolfe out. Eyes open. Don’t get played.