What were those jobs numbers again?
The Economy
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Last: 3 hrs ago by bear2034
movielover said:
Reductio ad Hitlerum.
If Trump doesn't want to be compared to Hitler, I have a free hot tip for him: Quit copying his conduct on all four squares.
*I note that you guys don't play the TDS card anymore. I view that as a tacit acknowledgment that even you know that his conduct is so f@ucked up that dat sh@it don't fly no more.
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The Yale Budget Lab estimates that Tariffs will cost the average American household $2,400.00
movielover said:JOBS REPORT: If you're a native-born American you've gotta love July's jobs report. It is the best July jobs report for native-born Americans in US history. While immigration-driven job growth is slowing as Trump resolves the border crisis, Americans are getting back to work at… pic.twitter.com/P9hEkfGKwx
— @amuse (@amuse) August 1, 2025
how was the jobs report for left handed red heads?
DiabloWags said:
The Yale Budget Lab estimates that Tariffs will cost the average American household $2,400.00
Yale Budget Lab claims to be "non partisan" but it's three founding leaders are Biden WH alums... no surprise, since I saw pictures of the Lab leader Gimbel - had wedding photos with her and her hubby kissing with Covid masks on.
They also employ a Brookings Institute alum. Leader Martha Gimbel predicts cars will go up 13% in the short run, and metals 33%.
🚨 The U.S. quietly bought back $2B in its own long-dated debt.
— StockMarket.News (@_Investinq) August 1, 2025
Most missed it.
But this may be the most clever and under-appreciated policy move of the year.
(Save this thread) pic.twitter.com/2sbkZjXE3O
More BS pumped out by the White House and you are gullible enough to fall for it.
$2 Billion is peanuts.
Doesnt move the needle.
The Treasury is about to sell $1 TRILLIONof Bonds in Q3 for funding requirements.
And you're "cheerleading" a $2 billion cash management operation?
Lmfao.
$2 Billion is peanuts.
Doesnt move the needle.
The Treasury is about to sell $1 TRILLIONof Bonds in Q3 for funding requirements.
And you're "cheerleading" a $2 billion cash management operation?
Lmfao.
movielover said:DiabloWags said:
The Yale Budget Lab estimates that Tariffs will cost the average American household $2,400.00
Yale Budget Lab claims to be "non partisan" but it's three founding leaders are Biden WH alums... no surprise, since I saw pictures of the Lab leader Gimbel - had wedding photos with her and her hubby kissing with Covid masks on.
They also employ a Brookings Institute alum. Leader Martha Gimbel predicts cars will go up 13% in the short run, and metals 33%.
The American Action Forum is a center-right think tank that said back on April 9th, that an American household would see an increase of $3,900 due to Trump's tariffs.
The right wing Tax Foundation has Trump's tariffs costing an Amerucan household $1,300 this year and $1,600 in 2026.
Trump Tariffs: The Economic Impact of the Trump Trade War
https://share.google/30g9Y90rRNdURUE1Q
Tell me you're not an expert without saying so ^^^
Amuse@amuse
The Long Game: Trump Quietly Revived Kennedy's Yield Curve Genius Without the Fed's Help
"What happened on July 31, 2025, may not have dominated the evening news, but historians and markets will remember it. The US Treasury, under President Trump and his handpicked Secretary of the Treasury, Scott Bessent, executed a bond buyback so strategically elegant, so quietly effective, and so steeped in economic history that it demands both attention and praise. In repurchasing $2 billion worth of long-dated debt, at a steep discount, the Trump administration engaged in an act of economic statecraft that rivals Kennedy's famed Operation Twist, and arguably improves upon it....
"... In a single stroke, Treasury saved $370 million in future obligations, reduced market duration risk, and calmed a segment of the yield curve that has recently seen severe stress....
"...To those skeptical that a $2 billion buyback can move markets, the historical record says otherwise. Even modest interventions, when timed and executed with precision, can shape expectations. This is especially true when officialdom has credibility. Under Trump, that credibility is being rebuilt brick by brick. The July move was not a bailout. It was not a rescue. It was a whisper to Wall Street: the adults are back in charge."
The Long Game: Trump Quietly Revived Kennedy's Yield Curve Genius Without the Fed's Help
"What happened on July 31, 2025, may not have dominated the evening news, but historians and markets will remember it. The US Treasury, under President Trump and his handpicked Secretary of the Treasury, Scott Bessent, executed a bond buyback so strategically elegant, so quietly effective, and so steeped in economic history that it demands both attention and praise. In repurchasing $2 billion worth of long-dated debt, at a steep discount, the Trump administration engaged in an act of economic statecraft that rivals Kennedy's famed Operation Twist, and arguably improves upon it....
"... In a single stroke, Treasury saved $370 million in future obligations, reduced market duration risk, and calmed a segment of the yield curve that has recently seen severe stress....
"...To those skeptical that a $2 billion buyback can move markets, the historical record says otherwise. Even modest interventions, when timed and executed with precision, can shape expectations. This is especially true when officialdom has credibility. Under Trump, that credibility is being rebuilt brick by brick. The July move was not a bailout. It was not a rescue. It was a whisper to Wall Street: the adults are back in charge."
— @amuse (@amuse) August 2, 2025
You are pathetically gullible.
Its a liquidity operation.
Period.
Even the Trump "puppet" who posted this tweet stated that this was NOT a "cash-saving exercise" on the Treasury's part.
You dont even understand what you're posting.
Clueless.
https://ca.finance.yahoo.com/news/us-treasury-keeps-notes-bonds-155553507.html
Its a liquidity operation.
Period.
Even the Trump "puppet" who posted this tweet stated that this was NOT a "cash-saving exercise" on the Treasury's part.
You dont even understand what you're posting.
Clueless.
https://ca.finance.yahoo.com/news/us-treasury-keeps-notes-bonds-155553507.html
Says the man who posts his $5 Million net worth.
movielover said:
Says the man who posts his $5 Million net worth.
100% unrealized at this point too.
Nancy putting Wags to shame.
movielover said:
Says the man who posts his $5 Million net worth.
That was only one brokerage account.
No one prudent puts all their "eggs" into one brokerage account.
There's more.
Tell me, have you gotten your DOGE DIVIDEND yet?
Still waiting for it to show up in the mail?
Stagflation is coming.
Dont blame Jerome Powell and the Fed.
Blame the Orange Idiot and his tariffs.
Over the past 6 months, core PCE Inflation has run at a 3.2% annual rate.
That's up from 2.2% last Fall.
TARIFFS.
Dont blame Jerome Powell and the Fed.
Blame the Orange Idiot and his tariffs.
Over the past 6 months, core PCE Inflation has run at a 3.2% annual rate.
That's up from 2.2% last Fall.
TARIFFS.
DiabloWags said:
Stagflation is coming.
Dont blame Jerome Powell and the Fed.
Blame the Orange Idiot and his tariffs.
Over the past 6 months, core PCE Inflation has run at a 3.2% annual rate.
That's up from 2.2% last Fall.
TARIFFS.
And it takes a lot to derail the cruising U.S. economy Trump inherited. Amazing he could blow it this bad, especially so fast.
Data: AP-NORC. Chart: Axios Visuals
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“I love Cal deeply. What are the directions to The Portal from Sproul Plaza?”
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MORE LIES BY TRUMP ON CNBC THIS MORNING ON "SQUAWK BOX"
WHAT'S UP WITH THAT TARIFF CHECK YOU WANT TO SEND OUT?
I THOUGHT YOU WERE GOING TO USE THE TARIFFS TO PAY DOWN THE NATIONAL DEBT.
LOL
https://www.cnbc.com/video/2025/08/05/president-trump-treasury-sec-scott-bessent-does-not-want-to-be-fed-chair-but-4-others-in-running.html
WHAT'S UP WITH THAT TARIFF CHECK YOU WANT TO SEND OUT?
I THOUGHT YOU WERE GOING TO USE THE TARIFFS TO PAY DOWN THE NATIONAL DEBT.
LOL
https://www.cnbc.com/video/2025/08/05/president-trump-treasury-sec-scott-bessent-does-not-want-to-be-fed-chair-but-4-others-in-running.html
Comments by the 'experts' who were OK w adding $5 Trillion in debt for unneeded Lockdowns.
movielover said:
Comments by the 'experts' who were OK w adding $5 Trillion in debt for unneeded Lockdowns.
How much did Trump add to the deficit in 1 term? I'll wait.
movielover said:
Comments by the 'experts' who were OK w adding $5 Trillion in debt for unneeded Lockdowns.
That Orange Aid you drink 24/7 must be making you blind.
Trump just added $3.5 Trillion to the debt in the OBBA but you just ignore that.
And he added $7.8 TRILLION during his first term according to the Treasury Dept.
DiabloWags said:
MORE LIES BY TRUMP ON CNBC THIS MORNING ON "SQUAWK BOX"
WHAT'S UP WITH THAT TARIFF CHECK YOU WANT TO SEND OUT?
I THOUGHT YOU WERE GOING TO USE THE TARIFFS TO PAY DOWN THE NATIONAL DEBT.
LOL
https://www.cnbc.com/video/2025/08/05/president-trump-treasury-sec-scott-bessent-does-not-want-to-be-fed-chair-but-4-others-in-running.html
Saw on Squawk Box this morning. His interview was the strangest thing I have ever heard. It was absent of truth at almost every instance except for the fact that he got the most votes of any Republican ever. Other than that it was lies about the health of economy, lies about his poll numbers, lies about tariffs, lies about his involvement in the witch hunts, it was lies upon lies. The moderators who obviously lean conservative could barely contain their amusement about his being so detached from the truth despite the evidence to the contrary. It was disturbing.
DiabloWags said:movielover said:
Comments by the 'experts' who were OK w adding $5 Trillion in debt for unneeded Lockdowns.
That Orange Aid you drink 24/7 must be making you blind.
Trump just added $3.5 Trillion to the debt in the OBBA but you just ignore that.
And he added $7.8 TRILLION during his first term according to the Treasury Dept.
Peace offering Solution: let's go back to the pre-Covid spending amount - plus Inflation. Then we slice about $1 Trillion off the yearly deficit and ALL Americans will benefit.
AGREED?
DiabloWags said:
Like in previous years Republicans are only concerned about the national debt when Democrats are in office, but when Republicans are in office they forget about the national debt and start spending like drunken sailors on shore leave after being deployed for a year.
BearNIt said:DiabloWags said:
Like in previous years Republicans are only concerned about the national debt when Democrats are in office, but when Republicans are in office they forget about the national debt and start spending like drunken sailors on shore leave after being deployed for a year.
Obama doubled our yearly debt.
movielover said:DiabloWags said:movielover said:
Comments by the 'experts' who were OK w adding $5 Trillion in debt for unneeded Lockdowns.
That Orange Aid you drink 24/7 must be making you blind.
Trump just added $3.5 Trillion to the debt in the OBBA but you just ignore that.
And he added $7.8 TRILLION during his first term according to the Treasury Dept.
Peace offering Solution: let's go back to the pre-Covid spending amount - plus Inflation. Then we slice about $1 Trillion off the yearly deficit and ALL Americans will benefit.
AGREED?
AntiochWags ducks a simple question.
Cal88, Bear2034, others?
movielover said:movielover said:DiabloWags said:movielover said:
Comments by the 'experts' who were OK w adding $5 Trillion in debt for unneeded Lockdowns.
That Orange Aid you drink 24/7 must be making you blind.
Trump just added $3.5 Trillion to the debt in the OBBA but you just ignore that.
And he added $7.8 TRILLION during his first term according to the Treasury Dept.
Peace offering Solution: let's go back to the pre-Covid spending amount - plus Inflation. Then we slice about $1 Trillion off the yearly deficit and ALL Americans will benefit.
AGREED?
AntiochWags ducks a simple question.
Cal88, Bear2034, others?
Says the MAGA parrot that refuses to admit that Trump's Big Beautiful Bill added another $3.5 TRILLION to our debt.
You sure have a hard time being honest.
Zero integrity.
Zero
movielover said:BearNIt said:DiabloWags said:
Like in previous years Republicans are only concerned about the national debt when Democrats are in office, but when Republicans are in office they forget about the national debt and start spending like drunken sailors on shore leave after being deployed for a year.
Obama doubled our yearly debt.
Your guy the big Cheeto is on pace to add at least $11 Trillion to the National Debt which is at least $3Trillion more than Obama who was tasked with getting the country out of a recession and saving the auto industry and stopping the financial meltdown that was going on due to the use of subprime mortgages as an investment vehicle. Remember AIG?
BearNIt said:
Your guy the big Cheeto is on pace to add at least $11 Trillion to the National Debt.
Everyone on the left is an economic expert. lol.
movielover said:movielover said:DiabloWags said:movielover said:
Comments by the 'experts' who were OK w adding $5 Trillion in debt for unneeded Lockdowns.
That Orange Aid you drink 24/7 must be making you blind.
Trump just added $3.5 Trillion to the debt in the OBBA but you just ignore that.
And he added $7.8 TRILLION during his first term according to the Treasury Dept.
Peace offering Solution: let's go back to the pre-Covid spending amount - plus Inflation. Then we slice about $1 Trillion off the yearly deficit and ALL Americans will benefit.
AGREED?
AntiochWags ducks a simple question.
Cal88, Bear2034, others?
Paying off our national debt has never been a popular issue among both Republicans and Democrats which is why no political candidate runs on this issue. Wags isn't really interested either because he never brought up the topic all four years of the Biden autopen administration.
That being said, after Elon and DOGE started sniffing around the federal government, they realized we won't be able pay off our debt just by cutting spending. They should be applauded for the work they did to identify waste, fraud, and abuse in the billions! Not only that, DOGE exposed the corrupt USAID organization that was a source of so much hidden evil-doing for decades that we're still only learning about. Big Balls and company continue to do the hard work for DOGE but sadly, it won't be enough,
Trump and Bessent understand that the only way to address the national debt in a meaningful manner is to grow our way out of this. Even Elon knows this. They are pursuing a strategy that includes tax cuts, deregulation, bringing jobs back from overseas, tariffs and trade policy, investment in manufacturing and technologies such as AI and robotics to generate revenue, strategic debt management using bond buybacks of long-dated U.S. debt and timing debt issuance to take advantage of lower interest rates, and to reorder the global financial landscape by becoming the world's leader in stablecoins and cryptocurrency to support the dollar's status as the global reserve currency.
No one can answer my simple question?
We can do both.
As long as the UniParty spends like drunken sailors on crack, we're cooked. When the next Progressive gets in, they'll bring back the No-Results Department of Education, PBS, and hundreds of thousands of government jobs. They're addicted to spending, Lobbyists track them 24 / 7.
DOGE has found $300 Billion in cuts, I hope they keep going. POTUS should apply some cuts to DOD, more to State, and elsewhere. They also need to retire more Generals, and their staff.
Maybe if we banned family members from working for NGOs that might help, along with a x-years period ex-Congress members are banned from becoming Lobbyists.
We can do both.
As long as the UniParty spends like drunken sailors on crack, we're cooked. When the next Progressive gets in, they'll bring back the No-Results Department of Education, PBS, and hundreds of thousands of government jobs. They're addicted to spending, Lobbyists track them 24 / 7.
DOGE has found $300 Billion in cuts, I hope they keep going. POTUS should apply some cuts to DOD, more to State, and elsewhere. They also need to retire more Generals, and their staff.
Maybe if we banned family members from working for NGOs that might help, along with a x-years period ex-Congress members are banned from becoming Lobbyists.
movielover said:
No one can answer my simple question?
We can do both.
As long as the UniParty spends like drunken sailors on crack, we're cooked. When the next Progressive gets in, they'll bring back the No-Results Department of Education, PBS, and hundreds of thousands of government jobs. They're addicted to spending, Lobbyists track them 24 / 7.
DOGE has found $300 Billion in cuts, I hope they keep going. POTUS should apply some cuts to DOD, more to State, and elsewhere. They also need to retire more Generals, and their staff.
Maybe if we banned family members from working for NGOs that might help, along with a x-years period ex-Congress members are banned from becoming Lobbyists.
Not even DOGE said they found $300 Billion in cuts, the figure that they use is $199 Billion accomplished through cuts, asset sales, contract and lease cancellations and workforce reductions but the accuracy of these cuts are in question due to the fact that a news agency looked into a claimed cut involving 3 contracts where DOGE said they saved $6.4 Billion and it turned out to be only $165 million. DOGE was also trying to take credit for some other savings that actually took place during the Biden presidency. There estimates which indicate that the cuts and layoffs will cost taxpayers $135 Biliion dollars due to paid leave, reduction in productivity, and lost tax collections. Further reductions could be reduced due to clerical errors which have misplaced decimal points and inflated contract numbers. While DOGE said they saved each American taxpayer $1236.02, Trump in his first term added $1951.25 to each American taxpayer's tab. Can't wait to see what he adds his second term.
I agree both parties spend but only one acts like it doesn't, ,guess which party I am talking about ? I also agree that ex-congressional members should be prohibited from lobbying for at least 5 years.
bear2034 said:BearNIt said:
Your guy the big Cheeto is on pace to add at least $11 Trillion to the National Debt.
Everyone on the left is an economic expert. lol.
I sympathize with you, facts can be inconvenient.
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