WHO WILL TRUMP FIRE TODAY?
The Economy
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782 Replies |
Last: 14 hrs ago by DiabloWags
Also worrisome:
Payroll gains for June and July were revised down by a total 21,000 and now reveals the economy shed 13,000 jobs in June - the first job losses since the depths of the pandemic in December 2020.
Job growth for May through July has averaged a measly 35,000.
MAGA for MORONS.
Economy adds disappointing 22,000 jobs in August, jobs report shows. Unemployment rises
Payroll gains for June and July were revised down by a total 21,000 and now reveals the economy shed 13,000 jobs in June - the first job losses since the depths of the pandemic in December 2020.
Job growth for May through July has averaged a measly 35,000.
MAGA for MORONS.
Economy adds disappointing 22,000 jobs in August, jobs report shows. Unemployment rises
POTUS response to Jobs Report:
Cancel my subscription to the Resurrection
Send my credentials to the House of Detention
“I love Cal deeply. What are the directions to The Portal from Sproul Plaza?”
Send my credentials to the House of Detention
“I love Cal deeply. What are the directions to The Portal from Sproul Plaza?”
JOB GROWTH IS FALLING OFF A CLIFF BECAUSE OF HIS BIG BEAUTIFUL TARIFFS AND HE'S YAPPING ABOUT A HOAX?
The economic news seems mixed / conflicting and I find it confusing.
The tariffs will increase until the manufacturing jobs return https://t.co/bOlO0OJkMw
— David Burge (@iowahawkblog) September 5, 2025
tequila4kapp said:
The economic news seems mixed / conflicting and I find it confusing.
What is so confusing?
Nothing reduces investment quite like a bunch of uncertainty, especially in regard to policy.
And to say that we've had uncertainty in policy for the past several months is a massive understatement.
With no stability in trade and economics, capital expenditures spending and hiring are frozen.
Companies are just trying to survive.
The last several jobs reports have been bad. Really bad. But other things like GDP, inflation, stock market (which reflects earnings/ptofitability), consumer confidence, unemployment rate have been more favorable (good to stable???). The government is not infusing money into the economy like during COVID. Jobs numbers should correlate to the other stuff but it isn't.DiabloWags said:tequila4kapp said:
The economic news seems mixed / conflicting and I find it confusing.
What is so confusing?
tequila4kapp said:
The economic news seems mixed / conflicting and I find it confusing.
Tom del Becaro says this is all part of transitioning from Federal hiring to private hiring. Will Christmas shopping kick in now?
"Trade deals / stability" - multiple large trade deals now inked, many more on the way.
Oil at $70 barrel - time to fill up the strategic oil reserve?
tequila4kapp said:The last several jobs reports have been bad. Really bad. But other things like GDP, inflation, stock market (which reflects earnings/ptofitability), consumer confidence, unemployment rate have been more favorable (good to stable???). The government is not infusing money into the economy like during COVID. Jobs numbers should correlate to the other stuff but it isn't.DiabloWags said:tequila4kapp said:
The economic news seems mixed / conflicting and I find it confusing.
What is so confusing?
With GDP you have to ignore the noise. The first half of the year grew 1.4% and Q3 will probably be around 2%.
Falling prices is a sign of a weak economy. The fact inflation is as high as it is in a weak economy is a bad sign.
The stock market is not the economy
The Bond Market does better reflect the economy and the 10 year yield is trending down in a sign of weakness
Consumer confidence is poor
Unemployment this year has increased from 4.0% to 4.3% while the participation rate has fallen from 62.6% to 62.3%
Housing is weak
American aluminum facilities seeing HUGE increases in production following Trump's tariffs on foreign aluminum:
— Libs of TikTok (@libsoftiktok) September 5, 2025
"This smelter was working at just a fraction of its capacity a few weeks ago. Now it's almost at 100%."
Trump is bringing back MADE IN AMERICA pic.twitter.com/5KQjIO7O8O
movielover said:
Oil at $70 barrel - time to fill up the strategic oil reserve?
Once again, you prove just how out of touch you are and how you have no idea what you're talking about.
WTI crude closed today at $61.97
It's nowhere near $70.
Hasn't been at $70 in five weeks.
Duh.
tequila4kapp said:DiabloWags said:tequila4kapp said:
The economic news seems mixed / conflicting and I find it confusing.
What is so confusing?
The last several jobs reports have been bad. Really bad. But other things like GDP, inflation, stock market (which reflects earnings/ptofitability), consumer confidence, unemployment rate have been more favorable (good to stable???). The government is not infusing money into the economy like during COVID. Jobs numbers should correlate to the other stuff but it isn't.
A.) Like Dajo said, the stock market is not the economy and it currently has the highest Price/Sales ratio ever.
B.) Inflation expectations are moving higher, not lower given the PCI and Conference Board expectations data.
C.) The unemployment rate has been ticking up.
D.) Consumer Confidence is poor.
I don't know where you get your economic news from but you might want to read the WSJ for better info.
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