The US economy lost 92,000 jobs in February largely attributed to lower employment in health care ‘reflecting strike activity,’ according to the Labor Department, though even accounting for that, the number was worse than economists expected. Health care job growth has been propping up employment gains in recent months. The economy continues to lose information sector and federal government jobs. The unemployment rate inched up 0.1 points to 4.4%. [CHART: Bureau of Labor Statistics]

Israel Hits Beirut – After mass evacuations in Lebanon’s capital, Israel has launched its heaviest air strike on Beirut since its 2024 war with Iranian-backed militias, The New York Times reports early Friday. Israel also is hitting Tehran while air defenses battled incoming missiles from Iran.

Choose the leader we want … After admitting most of his administration’s favored candidates for replacing the late Ayatollah Khamenei were killed in the initial US-Israeli air attacks last Saturday, President Trump encouraged the Iranian people to choose their new leaders. Then on Thursday, Trump told Reuters in an exclusive phone interview: “We want to be involved in the process of choosing the person who is going to lead Iran into the future.”

Fuel prices … Gas and diesel prices have been steadily rising since the US-Israeli war on Iran began nearly a week ago. The AAA reports the national average for a gallon of unleaded regular was $3.32, up from $2.982 February 27. Diesel – used in trucks that deliver much of the goods we buy, as Trump reminded us during his 2024 campaign -- averaged $4.33 a gallon, up from $3.757.

“If they rise, they rise,” Trump said. The president says he has no intention of tapping the national strategic reserves, currently 57% full, according to APR’s Marketplace, which reports most economists agree with Trump that the increases are temporary – so long as the war is short-lived.

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Gonzales Out – Rep. Tony Gonzales (R-TX) was headed for Texas’ May 26 runoffs after “The AKA Guy” Brandon Harris edged him out in Tuesday’s GOP primary, 43% to 42%. That changed late Thursday when Gonzalez announced he is dropping his re-election bid, leaving the Republican nomination for Texas’ 23rd District to YouTuber and gun manufacturer Harris, Punchbowl News reports. 

Herrera will face Democratic candidate Kathy Padilla Stout for Texas’ 23rd District seat, which includes Uvalde. –Compiled and edited by Todd Lassa

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FRIDAY 3/6/26

WEDNESDAY 3/1/23

By Todd Lassa

In the refreshingly bipartisan House Select Committee on Strategic Competition Between the United States and the Chinese Communist Party’s first public hearing Tuesday evening Republicans and Democrats pretty much agreed that U.S. acquiescence to China is boosting its economy and global prominence at the cost of our own. 

“We may call this a strategic competition, but it is not a polite tennis match,” Committee Chairman Mike Gallagher (R-WI) said in his opening statement. “This is an existential struggle over what life will look like in the 21st Century.”

At times, Democrats used their cross-exam time to promote Democratic policy, while Republicans used their time on the mic to promote Republican ideals. Even then, the committee’s three hours of testimony was almost unnaturally civil, with a panel consisting mostly of moderates from both sides of the aisle. Unlike an earlier House committee hearing earlier Tuesday on oversight of U.S. funding for Ukraine, there was no Matt Gaetz (R-FL). 

There was Rep. Andy Barr (R-KY), who warned the federal government “should not embrace Chinese-style central planning.

“We should not try to counter China by being more like China.”

Barr followed Rep. Shontel Brown (D-OH), whose questions prompted witness Scott Paul, president of the Alliance for American Manufacturing, to say that public investment was needed – including infrastructure spending -- for local manufacturing of computer chips and other products currently dominated by Chinese industry. 

Rep. Andy Kim (D-NJ) warned that Congress’ potential failure to raise the federal debt ceiling this year would show weakness in our democracy to the Chinese. 

“Democracies that reach high don’t always reach the skies,” responded witness Matt Pottinger, who served as deputy national security advisor under the Trump administration. “People understand that it’s not always going to look pretty.”

Rep. Jim Banks (R-IN) .

“I believe fentanyl is committing diplomatic blackmail,” he said, and Pottinger cited FBI Director Christopher Wray’s assessment that a lab in Wuhan, China “most likely” released COVID-19 to result in the pandemic. (An Energy Department assessment leaked to The Wall Street Journal last week says it has “low confidence” in that conclusion.)

Rep. Dusty Johnson (R-SD) noted that China has increased its holdings in farmland outside its own borders by 1,000% in recent years. While Chinese entities, mostly governmental have purchased relatively little farmland in the U.S., it’s mostly close to military system installations, replied witness H.R. McMaster, Trump administration national security advisor in 2017 and 2018.

Rep. Jake Auchincloss (D-MA) suggested then-President Trump’s withdrawal from an Asian trade pact with China was a boon to the Chinese president’s plans for world domination. 

“January 6, 2021 was Xi Jinping’s best day in office,” Auchincloss said. He suggested negotiation of a new trade agreement involving the U.S. and Taiwan.

The hearing’s fourth witness, Chinese dissident Tong Yi (above), said tech experts here should “research how to bring down the great firewall,” China’s blocking of Facebook, YouTube, Twitter and Google. “The truth is powerful on its own,” she said, and journalists and rights lawyers are “heavily repressed” inside China. 

The U.S. must watch not only the social media site TikTok, but also WeChat, Tong said, “a must-have inside China, but also a must have” for Chinese-Americans to communicate with their relatives inside China who must self-repress what they convey to those relatives to keep from being blocked by Xi’s government.

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COMMENTS: editors@thehustings.news