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Jul 4, 2025  |  
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Joseph Vazquez


NextImg:OOF! CNN Hit With One-Two Punch by Jobs Reports that KO'd Its Trump Doomism Reporting

CNN keeps getting hit like a punching bag with good reports that continue to blow its scare porn about President Donald Trump supposedly destroying the economy to smithereens. But this time, they got hit two days in a row.

Outplacement firm Challenger, Gray & Christmas reported July 2 that job cuts had plummeted in the month of June by a whopping 49 percent to 47,999 from May, and down two percent on a year-to-year basis from June 2024. CNN News Central co-anchor Sara Sidner awkwardly had to admit that compared to all the fear-mongering about impending disaster, “it was quote, a ‘quiet June.’”

Sidner turned to smug Bidenomics simp CNN reporter Matt Egan to provide “context,” which is a media euphemism for, “Please, spin this thing!” Surprisingly, even Egan didn’t have enough wiggle room to twist this as being anything but good news for Trump. “This [Challenger, Gray & Christmas] report paints a picture of a jobs market that is holding up better than feared,” Egan conceded.

But it would just get worse for the TDS-afflicted talking heads at CNN, who have been acting like they’re pushing for some disaster to happen just so they could get Trump. Egan ended his July 2 analysis propping up so-called “consensus” that the unemployment rate was set to tick up to 4.3 percent in the June jobs report and that hiring would show significant signs of cooling with just a 115,000 jobs increase. However, the Bureau of Labor Statistics reported the next morning that the jobs market smashed expectations with 147,000 jobs added and the unemployment ticking down to 4.1 percent.

Egan characterized the jobs market as “the Energizer Bunny. Every single time we expect it to run out of steam, it just keeps going and going.” It’s more like CNN “hoped” for it to “run out of steam.” As Egan premised his reporting, “We were also expecting a slowdown — we did NOT get that.” Sidner snarked in response, “President Trump has something to crow about.”

CNN journos have spewed a ridiculous amount of economic catastrophe propaganda on their platforms since Trump’s inauguration. If that’s any indication, the president can absolutely rub it in their faces at this point. Let’s take a walk down memory lane.

Recently, CNN writer Auzinea Bacon was adamant that oil prices would skyrocket following Trump’s targeted military strikes on Iran’s nuclear facilities. Newsflash: It never happened. In April CNN Business Executive Editor David Goldman predicted a stock market “Great Depression” as a result of Trump’s trade war. Newsflash: It didn’t happen. In fact, the S&P 500 and Nasdaq Composite indexes continue to break records, with the Dow Jones also spiking following the gangbuster jobs report.

Egan, who’s notorious for coming up with any excuse to sugarcoat the disaster of Bidenomics, repeatedly tried to make good economic reports that were released in the past seem like bad news for Trump. In June 2024, Egan took to the airwaves to regurgitate how a collective of lefty economists who endorsed Biden’s asinine $1.9 trillion stimulus package were predicting that the “Trump agenda could actually make inflation worse.” Yes, he actually said that with a straight face as if people forgot what they just went through with Bidenomics. 

Since then, inflation has continued to slow down under Trump, so Egan scrambled to belch out an absurd piece of drivel in May bloviating how the good news of falling prices “might actually be for bad reasons.” Yeah, we couldn’t make sense of that logic either. 

But as inflation — and Trump for that matter — continued to defy the doom prophets at CNN, Egan again made himself look foolish during the May 30 edition of CNN News Central by arguing that “[a] lot of economists do believe that this is still the calm before the storm — that we will eventually see tariff price hikes.” In other words: Eventually, inflation will roar back. Do you pinky promise, Egan? 

But sometimes you just got to know when you’re licked, even if you’re one of the CNN journos overdosed on their own hubris. Present company not excepted, Egan.