By Rob C.

TL;DR: Trump and his sycophants keep peddling the myth that America has entered a “Golden Age” for the economy. Meanwhile, back in reality, the jobs report came in so bad it made economists spit out their coffee. We were promised 83,000 new jobs. We got a loss of 23,000, plus a revision downward that erased another 103,000 jobs from the last two months. Basically, the latest BLS numbers show the job market collapsing into negative territory, while middle-east military adventurism and tariffs are jacking up living costs, and corporate plutocrats are laughing all the way to the bank. It’s the same old story: massive wealth transfers to the top 0.1% while working-class Americans watch the country’s infrastructure rot. This isn’t a Golden Age. This is Trump standing over you insisting it’s raining with his pants unzipped.

Good morning. Grab your coffee and prepare your gag reflex, because Donald Trump is back at the podium telling us we’re living through a “Golden Age” of economic prosperity.

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Brought to You by the Guy Who’s Never Had a Real Job

If this is a “Golden Age,” it’s the kind where working-class Americans are getting trickled on from above and told it’s raining wealth.

Let’s start with the obvious question: golden age for who, exactly? Because it sure isn’t the guy loading pallets at the warehouse or the woman working a double at the diner. Trump talks about the economy like a man who’s never once had to check his bank balance before buying a golf course. Trump was born into staggering wealth, never worked a real job, and managed to stay rich through a truly heroic number of failed businesses — casinos, an airline, a “university,” steaks, vodka, a mortgage company, and 6 bankruptcies.

Winning?

Despite every economic metric, popular opinion, and basic mathematical reality, Trump insists that everything in the country is going fantastically. But of course he thinks that— because he had brunch with three billionaires last week and they all seemed thrilled.

Why should anyone be surprised?

If you happen to be a techno-billionaire, a Fortune 500 CEO, a hedge fund guy, or a crypto bro riding the wave of rampant deregulation, sweetheart government contracts, and insider information, this genuinely is the best economy of your life. Graft is the game right now, and this administration is playing it like a Vegas high-roller with a house marker. For the rest of us watching from the cheap seats, the picture looks a little different.

The Reality Check: The Job Market Collapse

For those of us who actually work for a living, the economic picture isn’t quite so rosy.

The latest jobs report just dropped, and it didn’t just miss expectations. It face-planted through the floor. Wall Street and mainstream economists had forecasted a modest gain of +83,000 jobs. What did we actually get? A net loss of 23,000 jobs.

And it gets worse. The government quietly admitted that their previous hiring numbers were wildly inflated over the last two months:

  • June 2026: Revised downward by 37,000 jobs (shifting from the originally reported +57,000 down to a pathetic +20,000).

  • May 2026: Revised downward by 66,000 jobs (slashed from +129,000 down to +63,000).

That means 103,000 fewer jobs were created over those two months than they originally bragged about on cable news. The labor market isn’t cooling off—it’s stalling out under the weight of reckless tariffs, military misadventures in Iran driving up fuel costs, and relentless corporate price-gouging.

Unemployment ticked down to 4.1%, which sounds like good news until you realize it’s only because people gave up looking for work entirely — labor force participation dropped to its lowest level in more than five years. That’s not a healthy labor market. That’s a magic trick where the rabbit didn’t disappear, it just died.

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The Red-Hatted Elephant in the Room

This should be a final wakeup call for anyone who still clings to the delusion that Republicans are “better for the economy.”

Look at the history. Every single time a Republican occupies the Oval Office, the script is identical: the national deficit skyrockets, public services get gutted, our air and water get dirtier, public schools get starved of funding, and personal freedoms get restricted.

The red-hatted elephant in the room is that the modern GOP has exactly one trick in its economic playbook: Tax cuts for the wealthy.

We’re the Richest Country on Earth, So Why Does Everything Feel Broken?

Think about the absurdity of our current situation. We are told day in and day out that America is the richest nation in human history. Our Gross Domestic Product (GDP)—the total tally of all goods and services produced by U.S. companies—is in the tens of trillions.

If we are so wealthy, why are working families struggling with crumbling bridges, lead-tainted drinking water, underfunded classrooms, and medical debt?

Because when you vote Republican, they aren’t representing you; they are acting as the political division of the business elite. Over the last 45 years, we have witnessed the largest upward transfer of wealth in human history, vacuuming trillions out of the middle class and dumping it directly into the accounts of the top 0.1%. Republicans showering the wealthy with massive amounts of money, then telling us some of it will trickle down, which, spoiler, it does not, and never has.

So here we are. The man calling this a Golden Age spent his whole life never worrying about a paycheck, surrounds himself with people who are, in fact, having the time of their lives right now, and brushing off bad economic data the way he does everything else: insist it isn’t happening, blame the messenger, and move on to cheat at golf. (Yes, he does.) Meanwhile the rest of us are left checking receipts at the grocery store and watching gas prices climb because of a war nobody asked for and tariffs nobody wanted.

It is time to stop listening to the Epstein class about what is “good” for working people. They don’t know what groceries cost, they don’t care if your local bridge collapses, and they see your retirement savings as a slush fund for Wall Street fees.

Join the Resistance. Keep calling out the grift.

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Robert Cain is the author of “Democracy for Sale: How Corporate Greed Is Corrupting Democracy and Endangering the Planet.” Available at Amazon, Barnes & Noble, and independent booksellers everywhere.