Trump 47 Economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is anybody else interested in seeing the job #s BLS releases tomorrow?

Nah. They have already started cooking those numbers. I think the private sector ADP numbers and company earnings reports are better indicators of the market than Trump’s BLS numbers

They have not started cooking the numbers! Private sector cannot replicate the depth and breath of BLS and other statistical agencies. You don’t know what you’re talking about!

DP. After Trump fired the commissioner when he didn’t like the numbers, it’s hard to trust anything coming out of there. People don’t want to get fired. I don’t blame them. There are no jobs!

If you were aware of how many people are involved in data collection and processing, you would not think this. Additionally, the acting head is not a political appointee. He would not cave to WH pressure; he would quit! He doesn’t have to find a job; he can retire. The numbers are not manipulated…yet. If that dimwit douchebag with his diploma-mill education and J6 participant that Trump nominated take leadership then yes, BLS is a partisan operation. It isn’t right now.

The acting head isn't the issue, it is the nominee that is the issue.

Yes that’s what I was saying. The nominee hasn’t been confirmed.

[Anonymous]

Anonymous wrote: June job change was negative after revisions.

Is this a surprise?! Most companies are laying off, not hiring new college grads, and there is a RIF in the gov. Nobody is hiring.

[Anonymous]

It gets worse: all jobs gains were part time

Full-time jobs: -357K
Part-time jobs: +597K

This a trend that started during Biden's administration.

[Anonymous]

Today’s jobs report includes a downward revision for the month of June, saying the U.S. labor market had lost -13,000 jobs that month, much lower than a previous estimate of +14,000 jobs added.

It marked the first monthly job loss since December 2020.

[Anonymous]

Anonymous wrote:Today’s jobs report includes a downward revision for the month of June, saying the U.S. labor market had lost -13,000 jobs that month, much lower than a previous estimate of +14,000 jobs added.

It marked the first monthly job loss since December 2020.

Wow, does anyone remember who was president then?

[Anonymous]

Anonymous wrote:It gets worse: all jobs gains were part time

Full-time jobs: -357K
Part-time jobs: +597K

This a trend that started during Biden's administration.

American companies have broken their contract with American workers. The only people seeing wage growth and career growth are CEOs. Shareholders too have made economic gains; all off the back of workers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Today’s jobs report includes a downward revision for the month of June, saying the U.S. labor market had lost -13,000 jobs that month, much lower than a previous estimate of +14,000 jobs added.

It marked the first monthly job loss since December 2020.

Wow, does anyone remember who was president then?

He sucks at the economy. I don’t know why MAGA thought their lives were better under Trump 1.0?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Today’s jobs report includes a downward revision for the month of June, saying the U.S. labor market had lost -13,000 jobs that month, much lower than a previous estimate of +14,000 jobs added.

It marked the first monthly job loss since December 2020.

Wow, does anyone remember who was president then?

He sucks at the economy. I don’t know why MAGA thought their lives were better under Trump 1.0?

And we still have 40 months left of this destructive moron.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Today’s jobs report includes a downward revision for the month of June, saying the U.S. labor market had lost -13,000 jobs that month, much lower than a previous estimate of +14,000 jobs added.

It marked the first monthly job loss since December 2020.

Wow, does anyone remember who was president then?

He sucks at the economy. I don’t know why MAGA thought their lives were better under Trump 1.0?

They are happy CEOs no longer need to provide them a wage. They are happy to give up everything in order to MAGA.

[Anonymous]

Anonymous wrote:It gets worse: all jobs gains were part time

Full-time jobs: -357K
Part-time jobs: +597K

This a trend that started during Biden's administration.

No, it didn't start with the Biden Administration, it started decades ago. What changed is government measuring part time versus full time.

[Anonymous]

Worst job numbers since the pandemic. Even after Trump fired people because he wanted to contain the truth about his failing economy. That makes the BLS firing even more of a scandal and cover up. Trump is ruining good people so that he can perpetuate lies.

[Anonymous]

Anonymous wrote:Worst job numbers since the pandemic. Even after Trump fired people because he wanted to contain the truth about his failing economy. That makes the BLS firing even more of a scandal and cover up. Trump is ruining good people so that he can perpetuate lies.

This. How do we know these numbers aren't the positive-spin version?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Today’s jobs report includes a downward revision for the month of June, saying the U.S. labor market had lost -13,000 jobs that month, much lower than a previous estimate of +14,000 jobs added.

It marked the first monthly job loss since December 2020.

Wow, does anyone remember who was president then?

He sucks at the economy. I don’t know why MAGA thought their lives were better under Trump 1.0?

I guess that they told him that he wasn’t the worst president yet, and he took that seriously. Now he’s the second worst and the worst, beating himself handily.

[Anonymous]

Anonymous wrote:

Anonymous wrote:August Non-Farm Jobs Report
22k vs expected 75k
4.3%unemploymnet

Revised July Report
79k from originally reported 73k
Underemployment rate. 8.6% up from last month

We are not winning

And btw, equities went up on the news that people are not working. Apparently, it is a positive sign that the interest rates will definitely be cut, maybe three cuts this year. Great for businesses wanting to borrow money, not so great for the under and unemployed people.

Yeah this is what people mean when they say the stock market is not the economy. But it is possible to have record high stock markets and amazing job numbers, i.e. our previous President.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:August Non-Farm Jobs Report
22k vs expected 75k
4.3%unemploymnet

Revised July Report
79k from originally reported 73k
Underemployment rate. 8.6% up from last month

We are not winning

And btw, equities went up on the news that people are not working. Apparently, it is a positive sign that the interest rates will definitely be cut, maybe three cuts this year. Great for businesses wanting to borrow money, not so great for the under and unemployed people.

Yeah this is what people mean when they say the stock market is not the economy. But it is possible to have record high stock markets and amazing job numbers, i.e. our previous President.

Yes but it's not possible to have all of that and a happy MAGA base.