The ECONOMY Part Deux

27,374 Views | 395 Replies | Last: 1 hr ago by DiabloWags
DiabloWags
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Thank You.
Hope you have been doing well.

BearlySane88
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DiabloWags said:

chazzed said:

dajo9 said:

The U.S. economy lost 23,000 jobs in July and previous months were revised downward making the 12 month average 34,000 for job growth. Government job losses were primarily local education jobs. Is that DOGE? Because we need more teachers not fewer teachers. The unemployment rate dropped to 4.1% amid a decreasing participation rate led by Baby Boomer retirements.

Trump continues to track towards being the worst jobs president since Herbert Hoover - even if you remove the jobs lost during covid.

Year-over-year average earnings also dropped to the lowest level since May 2021. Good job, MAGA.

https://www.cnbc.com/2026/08/07/jobs-report-july-2026.html

Imagine having to pretend that he is doing a good job on the economy. Welcome to the world of a MAGA.


Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him.

Delusional.




We're the hottest country always. There's a reason nearly every immigrant would choose to end up here vs anywhere else.
DiabloWags
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BearlySane88 said:

DiabloWags said:

chazzed said:

dajo9 said:

The U.S. economy lost 23,000 jobs in July and previous months were revised downward making the 12 month average 34,000 for job growth. Government job losses were primarily local education jobs. Is that DOGE? Because we need more teachers not fewer teachers. The unemployment rate dropped to 4.1% amid a decreasing participation rate led by Baby Boomer retirements.

Trump continues to track towards being the worst jobs president since Herbert Hoover - even if you remove the jobs lost during covid.

Year-over-year average earnings also dropped to the lowest level since May 2021. Good job, MAGA.

https://www.cnbc.com/2026/08/07/jobs-report-july-2026.html

Imagine having to pretend that he is doing a good job on the economy. Welcome to the world of a MAGA.


Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him.

Delusional.




We're the hottest country always. There's a reason nearly every immigrant would choose to end up here vs anywhere else.


No one in their right mind would call recent Q2 GDP growth of a mere 1.5% "hot".

Not even that Twitter dude Amuse.

BearlySane88
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DiabloWags said:

BearlySane88 said:

DiabloWags said:

chazzed said:

dajo9 said:

The U.S. economy lost 23,000 jobs in July and previous months were revised downward making the 12 month average 34,000 for job growth. Government job losses were primarily local education jobs. Is that DOGE? Because we need more teachers not fewer teachers. The unemployment rate dropped to 4.1% amid a decreasing participation rate led by Baby Boomer retirements.

Trump continues to track towards being the worst jobs president since Herbert Hoover - even if you remove the jobs lost during covid.

Year-over-year average earnings also dropped to the lowest level since May 2021. Good job, MAGA.

https://www.cnbc.com/2026/08/07/jobs-report-july-2026.html

Imagine having to pretend that he is doing a good job on the economy. Welcome to the world of a MAGA.


Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him.

Delusional.




We're the hottest country always. There's a reason nearly every immigrant would choose to end up here vs anywhere else.


No one in their right mind would call recent Q2 GDP growth of a mere 1.5% "hot".

Not even that Twitter dude Amuse.




See my above post as all the evidence you need.

Not sure why you bring up Amuse more than anyone.
DiabloWags
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BearlySane88 said:

DiabloWags said:

BearlySane88 said:

DiabloWags said:

chazzed said:

dajo9 said:

The U.S. economy lost 23,000 jobs in July and previous months were revised downward making the 12 month average 34,000 for job growth. Government job losses were primarily local education jobs. Is that DOGE? Because we need more teachers not fewer teachers. The unemployment rate dropped to 4.1% amid a decreasing participation rate led by Baby Boomer retirements.

Trump continues to track towards being the worst jobs president since Herbert Hoover - even if you remove the jobs lost during covid.

Year-over-year average earnings also dropped to the lowest level since May 2021. Good job, MAGA.

https://www.cnbc.com/2026/08/07/jobs-report-july-2026.html

Imagine having to pretend that he is doing a good job on the economy. Welcome to the world of a MAGA.


Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him.

Delusional.




We're the hottest country always. There's a reason nearly every immigrant would choose to end up here vs anywhere else.


No one in their right mind would call recent Q2 GDP growth of a mere 1.5% "hot".

Not even that Twitter dude Amuse.




See my above post as all the evidence you need.

Not sure why you bring up Amuse more than anyone.


You offer zero economic metrics.
My point remains.

1.5% GDP has nothing to do with strong economic growth. Never mind where inflation is. Never mind where mortgage and interest rates are. Never mind where the annual budget deficit is.

Trump's economy is a FAILURE.
BearlySane88
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And it's still the hottest, most attractive country in the world to immigrants.
DiabloWags
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BearlySane88 said:

And it's still the hottest, most attractive country in the world to immigrants.


That is obviously a low bar compared to where they are coming from. Clearly not relevant to my point I've made.

Has nothing to do with any economic metric, such as home sales slumping and lumber prices at 4 year highs.
BearlySane88
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DiabloWags said:

BearlySane88 said:

And it's still the hottest, most attractive country in the world to immigrants.


That is obviously a low bar compared to where they are coming from. Clearly not relevant to my point I've made.

Has nothing to do with any economic metric, such as home sales slumping and lumber prices at 4 year highs.


And all of that has nothing to do with the point I've made, we are the hottest country on the planet proven by the amount of people trying to get here every year.
DiabloWags
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Your point (and reply to my post) is irrelevant to me.
I posted FACTS about economic data.
Not perception.




BearlySane88
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DiabloWags said:

Your point (and reply to my post) is irrelevant to me.
I posted FACTS about economic data.
Not perception.







"Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him."

This was the post I replied to confirming we are in fact the hottest country by pointing out the immigration numbers.
DiabloWags
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BearlySane88 said:

DiabloWags said:

Your point (and reply to my post) is irrelevant to me.
I posted FACTS about economic data.
Not perception.







"Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him."

This was the post I replied to confirming we are in fact the hottest country by pointing out the immigration numbers.


Immigration numbers are meaningless when the average American household is getting crushed by much higher grocery, fuel, and electricity prices, higher medical premiums, insurance premiums, mortgage and interest rates.

BearlySane88
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DiabloWags said:

BearlySane88 said:

DiabloWags said:

Your point (and reply to my post) is irrelevant to me.
I posted FACTS about economic data.
Not perception.







"Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him."

This was the post I replied to confirming we are in fact the hottest country by pointing out the immigration numbers.


Immigration numbers are meaningless when the average American household is getting crushed by much higher grocery, fuel, and electricity prices, higher medical premiums, insurance premiums, mortgage and interest rates.




They definitely aren't meaningless when discussing the hottest country on the planet. Nobody has that pull like the United States.
dajo9
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DiabloWags said:

chazzed said:

dajo9 said:

The U.S. economy lost 23,000 jobs in July and previous months were revised downward making the 12 month average 34,000 for job growth. Government job losses were primarily local education jobs. Is that DOGE? Because we need more teachers not fewer teachers. The unemployment rate dropped to 4.1% amid a decreasing participation rate led by Baby Boomer retirements.

Trump continues to track towards being the worst jobs president since Herbert Hoover - even if you remove the jobs lost during covid.

Year-over-year average earnings also dropped to the lowest level since May 2021. Good job, MAGA.

https://www.cnbc.com/2026/08/07/jobs-report-july-2026.html

Imagine having to pretend that he is doing a good job on the economy. Welcome to the world of a MAGA.


Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him.

Delusional.




New phone. Who dis?
Censorship has always been a tool of the fascist
Eastern Oregon Bear
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BearlySane88 said:

DiabloWags said:

chazzed said:

dajo9 said:

The U.S. economy lost 23,000 jobs in July and previous months were revised downward making the 12 month average 34,000 for job growth. Government job losses were primarily local education jobs. Is that DOGE? Because we need more teachers not fewer teachers. The unemployment rate dropped to 4.1% amid a decreasing participation rate led by Baby Boomer retirements.

Trump continues to track towards being the worst jobs president since Herbert Hoover - even if you remove the jobs lost during covid.

Year-over-year average earnings also dropped to the lowest level since May 2021. Good job, MAGA.

https://www.cnbc.com/2026/08/07/jobs-report-july-2026.html

Imagine having to pretend that he is doing a good job on the economy. Welcome to the world of a MAGA.


Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him.

Delusional.




We're the hottest country always. There's a reason nearly every immigrant would choose to end up here vs anywhere else.

I thought you were telling us that many immigrants choose to end up in Ceuta rather than here.
Eastern Oregon Bear
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BearlySane88 said:

DiabloWags said:

BearlySane88 said:

And it's still the hottest, most attractive country in the world to immigrants.


That is obviously a low bar compared to where they are coming from. Clearly not relevant to my point I've made.

Has nothing to do with any economic metric, such as home sales slumping and lumber prices at 4 year highs.


And all of that has nothing to do with the point I've made, we are the hottest country on the planet proven by the amount of people trying to get here every year.

Hottest by a good 3-5 degrees.
BearlySane88
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Eastern Oregon Bear said:

BearlySane88 said:

DiabloWags said:

chazzed said:

dajo9 said:

The U.S. economy lost 23,000 jobs in July and previous months were revised downward making the 12 month average 34,000 for job growth. Government job losses were primarily local education jobs. Is that DOGE? Because we need more teachers not fewer teachers. The unemployment rate dropped to 4.1% amid a decreasing participation rate led by Baby Boomer retirements.

Trump continues to track towards being the worst jobs president since Herbert Hoover - even if you remove the jobs lost during covid.

Year-over-year average earnings also dropped to the lowest level since May 2021. Good job, MAGA.

https://www.cnbc.com/2026/08/07/jobs-report-july-2026.html

Imagine having to pretend that he is doing a good job on the economy. Welcome to the world of a MAGA.


Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him.

Delusional.




We're the hottest country always. There's a reason nearly every immigrant would choose to end up here vs anywhere else.

I thought you were telling us that many immigrants choose to end up in Ceuta rather than here.


Nope, never said that.
DiabloWags
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Trump's Treasury Secretary Scott Bessent used to heavily criticize Janet Yellen for flooding the market with T-Bills in order to hold long-term treasury yields low.

Now he's doing the exact same thing.
Hypocrite.

Bills as a percentage of total outstanding treasury debt probably pushing 25%
The peak was 35% in Nov. 2008

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouchedand created a $1.45 trillion shortfall
DiabloWags
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BearlySane88 said:

DiabloWags said:

BearlySane88 said:

DiabloWags said:

Your point (and reply to my post) is irrelevant to me.
I posted FACTS about economic data.
Not perception.







"Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him."

This was the post I replied to confirming we are in fact the hottest country by pointing out the immigration numbers.


Immigration numbers are meaningless when the average American household is getting crushed by much higher grocery, fuel, and electricity prices, higher medical premiums, insurance premiums, mortgage and interest rates.




They definitely aren't meaningless when discussing the hottest country on the planet. Nobody has that pull like the United States.


Given your logic, the U.S. was also the hottest country in the world under BIDEN given how many immigrants were coming into the country.
BearlySane88
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DiabloWags said:

BearlySane88 said:

DiabloWags said:

BearlySane88 said:

DiabloWags said:

Your point (and reply to my post) is irrelevant to me.
I posted FACTS about economic data.
Not perception.







"Imagine a President telling everyone and anyone that we are the "hottest country in the world" right now and people actually believing him."

This was the post I replied to confirming we are in fact the hottest country by pointing out the immigration numbers.


Immigration numbers are meaningless when the average American household is getting crushed by much higher grocery, fuel, and electricity prices, higher medical premiums, insurance premiums, mortgage and interest rates.




They definitely aren't meaningless when discussing the hottest country on the planet. Nobody has that pull like the United States.


Given your logic, the U.S. was also the hottest country in the world under BIDEN given how many immigrants were coming into the country.



Correct, not exactly the gotcha you were hoping for. The US has been the hottest country since the revolution. Biden was just dumb enough to let all of them in.
DiabloWags
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The Trump Economy doesn't look so "hot" to me.












The US economy under Donald Trump | The Economist
SBGold
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I knew the sentiment about the economy is bad overall, but this was a wow video for me:

https://www.ms.now/the-last-word/watch/they-don-t-even-pretend-to-give-a-damn-americans-struggle-under-the-trump-economy-2510209603638

Love the quality content of MSNOW. Beautiful work done by them.

Vote Blue and Get a real party in power
DiabloWags
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Interest on the $40 trillion debt is now at $3 Billion a day.

https://fortune.com/2026/08/11/us-treasury-national-debt-interest-cbo-yen-unwinds/
DiabloWags
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July CPI: 3.4%

CPI report shows inflation eased in July to a 3.4% annual pace
dajo9
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DiabloWags said:

Interest on the $40 trillion debt is now at $3 Billion a day.

https://fortune.com/2026/08/11/us-treasury-national-debt-interest-cbo-yen-unwinds/



Instead of taxing the wealthy we pay them to loan us money.
Censorship has always been a tool of the fascist
DiabloWags
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dajo9 said:

DiabloWags said:

Interest on the $40 trillion debt is now at $3 Billion a day.

https://fortune.com/2026/08/11/us-treasury-national-debt-interest-cbo-yen-unwinds/



Instead of taxing the wealthy we pay them to loan us money.


I'm making 4.19% in 2-year Treasury Notes.
State and local tax free.

I'm good with that.
dajo9
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DiabloWags said:

dajo9 said:

DiabloWags said:

Interest on the $40 trillion debt is now at $3 Billion a day.

https://fortune.com/2026/08/11/us-treasury-national-debt-interest-cbo-yen-unwinds/



Instead of taxing the wealthy we pay them to loan us money.


I'm making 4.19% in 2-year Treasury Notes.
State and local tax free.

I'm good with that.



You and I should have been taxed more. Oh well. That's not what they wanted.
Censorship has always been a tool of the fascist
DiabloWags
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dajo9 said:

DiabloWags said:

dajo9 said:

DiabloWags said:

Interest on the $40 trillion debt is now at $3 Billion a day.

https://fortune.com/2026/08/11/us-treasury-national-debt-interest-cbo-yen-unwinds/



Instead of taxing the wealthy we pay them to loan us money.


I'm making 4.19% in 2-year Treasury Notes.
State and local tax free.

I'm good with that.



You and I should have been taxed more. Oh well. That's not what they wanted.


Nope.

MAGA voted for $1.8 Trillion annual budget deficits.
MAGA voted for higher gas, diesel, and electricity prices.

They voted to have their health care insurance premiums surge.
They voted for tariffs that increased expenses in the average household by $1,750
They voted for higher grocery prices, contaminated lettuce and eggs, and more pollution.




cal83dls79
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dajo9 said:

DiabloWags said:

dajo9 said:

DiabloWags said:

Interest on the $40 trillion debt is now at $3 Billion a day.

https://fortune.com/2026/08/11/us-treasury-national-debt-interest-cbo-yen-unwinds/



Instead of taxing the wealthy we pay them to loan us money.


I'm making 4.19% in 2-year Treasury Notes.
State and local tax free.

I'm good with that.



You and I should have been taxed more. Oh well. That's not what they wanted.
popping champagne!
Priest of the Patty Hearst Shrine
DiabloWags
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If we were the "hottest" country in the world right now, sales of existing homes sales would not be at a 3-month low.
DiabloWags
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Conservatives voted for this.

dajo9
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DiabloWags said:

Conservatives voted for this.




And that's after they eliminated all the waste, fraud, and abuse
Censorship has always been a tool of the fascist
Eastern Oregon Bear
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DiabloWags said:

Conservatives voted for this.


I wish I could get away with spending 229% of my income without immediate consequences.
bearister
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“Cancel my subscription to the Resurrection
Send my credentials to the House of Detention
I got some friends inside”
—Jim Morrison

“I love Cal deeply, by the way, what are the directions to The Portal from Sproul Plaza?”
dajo9
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bearister said:




Conservatives
Censorship has always been a tool of the fascist
DiabloWags
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I miss the Amusing tweets from a conservative University of Texas drop-out about how great the economy is under Trump.

 
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