The Economy

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DiabloWags
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In reply to BearlySane88 • 11:26a, 5/8/26
For those unable to post anything but a tweet because they can't think for themselves when they're too busy flailing their Trump Pom Poms:

Too bad total employment in the U.S. fell to 162.6 million, the lowest since Dec. 2024.

Too bad total employment declined for the 4th straight month, the longest streak since 2009.

Too bad the labor participation rate dropped again to 61.8%, the lowest rate since 2021.

Too bad the number of job cuts in April was 83,387, a 38% month over month increase from March.

JUST THE FACTS.
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BearlySane88
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In reply to DiabloWags • 11:27a, 5/8/26
For those who like to talk about other posters incessantly, cutting down the federal government is working!
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DiabloWags
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In reply to BearlySane88 • 11:28a, 5/8/26
BearlySane88 said:
Cutting down the federal government is working!


Working for WHO exactly?

Those laid off from govt jobs are now on unemployment insurance, no longer paying taxes, and most likely cutting their consumption which hurts the economy.
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BearlySane88
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In reply to DiabloWags • 11:29a, 5/8/26
DiabloWags said:
BearlySane88 said:
Cutting down the federal government is working!


Working for WHO exactly?

Those laid off from govt jobs are now on unemployment insurance, no longer paying taxes, and most likely cutting their consumption which hurts the economy.


And we are no longer paying for their unnecessary salaries
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DiabloWags
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In reply to BearlySane88 • 11:30a, 5/8/26
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
Cutting down the federal government is working!


Working for WHO exactly?

Those laid off from govt jobs are now on unemployment insurance, no longer paying taxes, and most likely cutting their consumption which hurts the economy.


And we are no longer paying for their unnecessary salaries


We are paying their unemployment checks.
For some reason, you ignored that.
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DiabloWags
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In reply to BearlySane88 • 11:31a, 5/8/26
Do you know what the labor force participation rate is?

Does this chart look good to you?

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BearlySane88
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In reply to DiabloWags • 11:33a, 5/8/26
DiabloWags said:
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
Cutting down the federal government is working!


Working for WHO exactly?

Those laid off from govt jobs are now on unemployment insurance, no longer paying taxes, and most likely cutting their consumption which hurts the economy.


And we are no longer paying for their unnecessary salaries


We are paying their unemployment checks.
For some reason, you ignored that.


I didn't ignore it but thanks for assuming things! You think 100% of the federal workforce that has been cut is just sitting unemployed? They aren't. Even if so, they probably shouldn't have been hired by the government if they can't get private sector jobs
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DiabloWags
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In reply to BearlySane88 • 11:36a, 5/8/26
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
Cutting down the federal government is working!


Working for WHO exactly?

Those laid off from govt jobs are now on unemployment insurance, no longer paying taxes, and most likely cutting their consumption which hurts the economy.


And we are no longer paying for their unnecessary salaries


We are paying their unemployment checks.
For some reason, you ignored that.


I didn't ignore it but thanks for assuming things! You think 100% of the federal workforce that has been cut is just sitting unemployed? They aren't. Even if so, they probably shouldn't have been hired by the government if they can't get private sector jobs


Speaking of assuming things . . .
How would you know that those ex-Govt workers are already back employed in the private sector?

Do you have any data to substantiate your claim???
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BearlySane88
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In reply to DiabloWags • 11:40a, 5/8/26
DiabloWags said:
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
Cutting down the federal government is working!


Working for WHO exactly?

Those laid off from govt jobs are now on unemployment insurance, no longer paying taxes, and most likely cutting their consumption which hurts the economy.


And we are no longer paying for their unnecessary salaries


We are paying their unemployment checks.
For some reason, you ignored that.


I didn't ignore it but thanks for assuming things! You think 100% of the federal workforce that has been cut is just sitting unemployed? They aren't. Even if so, they probably shouldn't have been hired by the government if they can't get private sector jobs


Speaking of assuming things . . .
How would you know that those ex-Govt workers are already back employed in the private sector?

Do you have any data to substantiate your claim???


I don't know but I already walked you through this in my previous post but since you weren't able to put the pieces together, I'll help you out. It's logical to assume that skilled workers would get hired elsewhere, at least some of them. If they didn't get hired elsewhere, they probably weren't very skilled.
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Aunburdened
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In reply to DiabloWags • 11:42a, 5/8/26
DiabloWags said:
Do you know what the labor force participation rate is?

Does this chart look good to you?


See that steady decline that started 10 years before Trump took office on the far left?

That's why people were angry about the Obama administration. What's happening now in the country started back in the Bush administration, continued through the Obama administration, and has gotten worse since.

Truthfully, the origins are with the Clinton administration and NAFTA though.
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DiabloWags
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In reply to BearlySane88 • 11:45a, 5/8/26
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
Cutting down the federal government is working!


Working for WHO exactly?

Those laid off from govt jobs are now on unemployment insurance, no longer paying taxes, and most likely cutting their consumption which hurts the economy.


And we are no longer paying for their unnecessary salaries


We are paying their unemployment checks.
For some reason, you ignored that.


I didn't ignore it but thanks for assuming things! You think 100% of the federal workforce that has been cut is just sitting unemployed? They aren't. Even if so, they probably shouldn't have been hired by the government if they can't get private sector jobs


Speaking of assuming things . . .
How would you know that those ex-Govt workers are already back employed in the private sector?

Do you have any data to substantiate your claim???


I don't know but I already walked you through this in my previous post but since you weren't able to put the pieces together, I'll help you out. It's logical to assume that skilled workers would get hired elsewhere, at least some of them. If they didn't get hired elsewhere, they probably weren't very skilled.


That's a pretty ignorant ASSUMPTION on your part.
Especially given how many skilled workers are losing their jobs to Ai.
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BearlySane88
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In reply to Aunburdened • 11:45a, 5/8/26
Aunburdened said:
DiabloWags said:
Do you know what the labor force participation rate is?

Does this chart look good to you?


See that steady decline that started 10 years before Trump took office on the far left?

That's why people were angry about the Obama administration. What's happening now in the country started back in the Bush administration, continued through the Obama administration, and has gotten worse since.

Truthfully, the origins are with the Clinton administration and NAFTA though.


Wasn't even worth responding to but thank you for clearing that up for him anyways
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BearlySane88
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In reply to DiabloWags • 11:47a, 5/8/26
DiabloWags said:
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
Cutting down the federal government is working!


Working for WHO exactly?

Those laid off from govt jobs are now on unemployment insurance, no longer paying taxes, and most likely cutting their consumption which hurts the economy.


And we are no longer paying for their unnecessary salaries


We are paying their unemployment checks.
For some reason, you ignored that.


I didn't ignore it but thanks for assuming things! You think 100% of the federal workforce that has been cut is just sitting unemployed? They aren't. Even if so, they probably shouldn't have been hired by the government if they can't get private sector jobs


Speaking of assuming things . . .
How would you know that those ex-Govt workers are already back employed in the private sector?

Do you have any data to substantiate your claim???


I don't know but I already walked you through this in my previous post but since you weren't able to put the pieces together, I'll help you out. It's logical to assume that skilled workers would get hired elsewhere, at least some of them. If they didn't get hired elsewhere, they probably weren't very skilled.


That's a pretty ignorant ASSUMPTION on your part.
Especially given how many skilled workers are losing their jobs to Ai.


It's not ignorant at all. It's based on reality. If you're good at something, you'll find work. If you can't find work, find something else you're good at
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DiabloWags
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In reply to BearlySane88 • 11:49a, 5/8/26
BearlySane88 said:
Wasn't even worth responding to but thank you for clearing that up for him anyways


Clearly, you weren't able to answer the question.
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BearlySane88
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In reply to DiabloWags • 11:50a, 5/8/26
DiabloWags said:
BearlySane88 said:
Wasn't even worth responding to but thank you for clearing that up for him anyways


Clearly, you weren't able to answer the question.


It was an incredibly bad faith question dude that didn't deserve an answer
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DiabloWags
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In reply to Aunburdened • 11:55a, 5/8/26
Aunburdened said:
DiabloWags said:
Do you know what the labor force participation rate is?

Does this chart look good to you?


See that steady decline that started 10 years before Trump took office on the far left?

That's why people were angry about the Obama administration. What's happening now in the country started back in the Bush administration, continued through the Obama administration, and has gotten worse since.

Truthfully, the origins are with the Clinton administration and NAFTA though.


Instead of a "political" answer, I will provide some real world specifics:

1.) More people over 55 retiring.
2.) More people discouraged by lack of job prospects
3.) Immigrant enforcement policies DHS/ICE




Digging Deeper Into Declining Labor Force Participation - Federal Reserve Bank of Atlanta
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DiabloWags
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In reply to BearlySane88 • 11:56a, 5/8/26
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
Wasn't even worth responding to but thank you for clearing that up for him anyways


Clearly, you weren't able to answer the question.


It was an incredibly bad faith question dude that didn't deserve an answer

A bad faith question about the Labor Participation Rate?

Feel free to read the link and chart I provided above and LEARN something.

I would have thought that as a TEACHER you would be open to LEARNING something you didn't know.

Apparently, I was wrong about that.
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BearlySane88
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In reply to DiabloWags • 12:02p, 5/8/26
Yes bad faith because you are trying to make it a Trump issue.

Apparently, you're wrong about a lot of things
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DiabloWags
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In reply to BearlySane88 • 12:04p, 5/8/26
BearlySane88 said:
Yes bad faith because you are trying to make it a Trump issue.

Apparently, you're wrong about a lot of things

You're reading comprehension is poor.
I never mentioned Trump.

And I think it's clear that you have no idea what that chart of the Labor Participation Rate is reflecting.
I'm done with your childish replies for the day.



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BearlySane88
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In reply to DiabloWags • 12:06p, 5/8/26
DiabloWags said:
BearlySane88 said:
Yes bad faith because you are trying to make it a Trump issue.

Apparently, you're wrong about a lot of things

You're reading comprehension is poor.
I never mentioned Trump.

And I think it's clear that you have no idea what that chart of the Labor Participation Rate is reflecting.



This is a thread about the economy under Trump, you didn't have to mention it to know where you were heading.

I think it's clear you have no idea what other people know or don't know.
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DiabloWags
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In reply to BearlySane88 • 12:10p, 5/8/26
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
Yes bad faith because you are trying to make it a Trump issue.

Apparently, you're wrong about a lot of things

You're reading comprehension is poor.
I never mentioned Trump.

And I think it's clear that you have no idea what that chart of the Labor Participation Rate is reflecting.



This is a thread about the economy under Trump, you didn't have to mention it to know where you were heading.

I think it's clear you have no idea what other people know or don't know.


Again, you're reading comprehension is terribly poor.
This thread that I started back in Feb. 2025 with over 276,000 views is about the ECONOMY.

The beauty about economic discussion is that it is not always "political".
But you seem to make it so 24/7 here.

Sad really.


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BearlySane88
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In reply to DiabloWags • 12:14p, 5/8/26
DiabloWags said:
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
Yes bad faith because you are trying to make it a Trump issue.

Apparently, you're wrong about a lot of things

You're reading comprehension is poor.
I never mentioned Trump.

And I think it's clear that you have no idea what that chart of the Labor Participation Rate is reflecting.



This is a thread about the economy under Trump, you didn't have to mention it to know where you were heading.

I think it's clear you have no idea what other people know or don't know.


Again, you're reading comprehension is terribly poor.
This thread that I started back in Feb. 2025 with over 276,000 views is about the ECONOMY.

The beauty about economic discussion is that it is not always "political".
But you seem to make it so 24/7 here.

Sad really.




I thought you were done responding? Sad really.

Yes, it was started in Feb 2025, after Trump became president.

Yes, it's only me that makes things political in this thread. You've never done that, have you?
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Aunburdened
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In reply to BearlySane88 • 12:22p, 5/8/26
BearlySane88 said:
Aunburdened said:
DiabloWags said:
Do you know what the labor force participation rate is?

Does this chart look good to you?


See that steady decline that started 10 years before Trump took office on the far left?

That's why people were angry about the Obama administration. What's happening now in the country started back in the Bush administration, continued through the Obama administration, and has gotten worse since.

Truthfully, the origins are with the Clinton administration and NAFTA though.


Wasn't even worth responding to but thank you for clearing that up for him anyways

Sometimes, even though he's annoying, arrogant, and not worth reading, I like to blow up his narrative anyway
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Aunburdened
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In reply to DiabloWags • 12:25p, 5/8/26
DiabloWags said:
BearlySane88 said:
Yes bad faith because you are trying to make it a Trump issue.

Apparently, you're wrong about a lot of things

You're reading comprehension is poor.
I never mentioned Trump.

And I think it's clear that you have no idea what that chart of the Labor Participation Rate is reflecting.
I'm done with your childish replies for the day.

You would think a guy who talks all the time about whether people graduated college or not and whether they actually attended Cal would know the difference between "You're" and "Your."
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DiabloWags
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12:26p, 5/8/26
Interesting chart from my Yardeni Research that I subscribe to.

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BearlySane88
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In reply to Aunburdened • 12:27p, 5/8/26
Aunburdened said:
DiabloWags said:
BearlySane88 said:
Yes bad faith because you are trying to make it a Trump issue.

Apparently, you're wrong about a lot of things

You're reading comprehension is poor.
I never mentioned Trump.

And I think it's clear that you have no idea what that chart of the Labor Participation Rate is reflecting.
I'm done with your childish replies for the day.

You would think a guy who talks all the time about whether people graduated college or not and whether they actually attended Cal would know the difference between "You're" and "Your."


BINGO!
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DiabloWags
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In reply to Aunburdened • 12:30p, 5/8/26
Aunburdened said:
You would think a guy who talks all the time about whether people graduated college or not and whether they actually attended Cal would know the difference between "You're" and "Your."


That's all you got to add to the economic discussion?
Sad Yogi.

Do better.

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DiabloWags
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12:30p, 5/8/26
Given what has happened after Q4 of 2025, this chart should be most interesting.
Did corporate America eat the tariffs and higher fuel costs or pass them onto the consumer?



S&P 500 Earnings Season Update: May 8, 2026
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BearlySane88
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In reply to DiabloWags • 12:32p, 5/8/26
DiabloWags said:
Aunburdened said:
You would think a guy who talks all the time about whether people graduated college or not and whether they actually attended Cal would know the difference between "You're" and "Your."


That's all you got to add to the economic discussion?
Sad Yogi.

Do better.



You did walk yourself into that one
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BearlySane88
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12:33p, 5/8/26
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DiabloWags
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In reply to BearlySane88 • 12:42p, 5/8/26
Too bad for most Americans, the stock market is NOT the economy.

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BearlySane88
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In reply to DiabloWags • 12:44p, 5/8/26
DiabloWags said:
Too bad for most Americans, the stock market is NOT the economy.



Buy more shares people! You too can ride the Wag's wave
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DiabloWags
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12:48p, 5/8/26
I'm enjoying this week's rally in Micron.
Thanks.

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BearlySane88
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1:26p, 5/8/26
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movielover
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In reply to DiabloWags • 8:15a, 5/9/26
DiabloWags said:
BearlySane88 said:
Cutting down the federal government is working!


Working for WHO exactly?

Those laid off from govt jobs are now on unemployment insurance, no longer paying taxes, and most likely cutting their consumption which hurts the economy.


We exited WHO.



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