Anonymous wrote:A company in MI just announced that they were cancelling a $210M factory in MI and cites the GOP clampdown on clean energy. Those were real jobs because Trump personally doesn't like clean energy. Seriously? Tell those union workers how great Trump is.
Anonymous wrote:A company in MI just announced that they were cancelling a $210M factory in MI and cites the GOP clampdown on clean energy. Those were real jobs because Trump personally doesn't like clean energy. Seriously? Tell those union workers how great Trump is.
Anonymous wrote:Why it’s the toughest time to be searching for work in America in years
Tariff uncertainty, stubbornly high inflation and rising AI adoption are giving rise to labor market gridlock.
“New data last week showed a fourth month of tepid job growth and propelled joblessness to its highest level since late 2021, when the economy was still recovering from the effects of the coronavirus pandemic. Now, as companies wrestle with inflation, economic uncertainty and trade policy whiplash, many are shredding payrolls and shifting tasks to artificial intelligence while pulling in higher profits. And some executives are pointedly broadcasting sizable layoffs as wins, a sign they’re making workforces leaner and more efficient.”
“Hardly any corner of the economy is untouched by jobs cuts and slowdown: Employment in all goods-producing industries slumped in August, with the deepest losses coming from manufacturing and mining. The service sector was racked by steep layoffs in business and professional services and IT.
https://www.washingtonpost.com/business/2025/09/07/layoffs-hiring-slowdown/
Anonymous wrote:Bank of America: August's payrolls saw "weakness in manufacturing (-12k), construction (-7k), and mining (-6k). The slowdown could be driven by weaker business investment due to tariff uncertainty. If uncertainty remains because of the Supreme Court case, this could persist."
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
That isn't really true. The reason the GDP and economy in general do better when democratic policies are in place are because money cycles through communities many times more when poor and middle class people have resources. The top 1% or 10% mostly horde money and it doesn't really benefit the broader society.
The problem is the “health” of our economy has become almost entirely reliant on top 10%. That’s who is traveling and markets overwhelmingly are catering to them.
https://www.washingtonpost.com/opinions/2025/08/06/economy-jobs-middle-class-recession-tariffs/
The top 10 percent of earners now drive about half of spending, according to Moody’s, up from 36 percent three decades ago. These people will determine if the U.S. economy avoids a recession. These are households earning $250,000 or more, and they are largely doing just fine, buoyed by strong stock-market gains, mansions and rental properties that have shot up in value in recent years, and a rebound in business dealmaking. The wealthy continue to spend on lavish vacations, parties and events, and that masks the strain that many middle-class and moderate-income families are experiencing.
Partially true, but that isn't enough to generate sustained GDP and job growth, which democratic policies achieve.
That’s why I said it’s a problem. The economy is reliant on top 10% and that is not healthy or sustainable.
Anonymous wrote:Anonymous wrote:Anonymous wrote:
That isn't really true. The reason the GDP and economy in general do better when democratic policies are in place are because money cycles through communities many times more when poor and middle class people have resources. The top 1% or 10% mostly horde money and it doesn't really benefit the broader society.
The problem is the “health” of our economy has become almost entirely reliant on top 10%. That’s who is traveling and markets overwhelmingly are catering to them.
https://www.washingtonpost.com/opinions/2025/08/06/economy-jobs-middle-class-recession-tariffs/
The top 10 percent of earners now drive about half of spending, according to Moody’s, up from 36 percent three decades ago. These people will determine if the U.S. economy avoids a recession. These are households earning $250,000 or more, and they are largely doing just fine, buoyed by strong stock-market gains, mansions and rental properties that have shot up in value in recent years, and a rebound in business dealmaking. The wealthy continue to spend on lavish vacations, parties and events, and that masks the strain that many middle-class and moderate-income families are experiencing.
Partially true, but that isn't enough to generate sustained GDP and job growth, which democratic policies achieve.
Anonymous wrote:
That isn't really true. The reason the GDP and economy in general do better when democratic policies are in place are because money cycles through communities many times more when poor and middle class people have resources. The top 1% or 10% mostly horde money and it doesn't really benefit the broader society.
Anonymous wrote:Anonymous wrote:
That isn't really true. The reason the GDP and economy in general do better when democratic policies are in place are because money cycles through communities many times more when poor and middle class people have resources. The top 1% or 10% mostly horde money and it doesn't really benefit the broader society.
The problem is the “health” of our economy has become almost entirely reliant on top 10%. That’s who is traveling and markets overwhelmingly are catering to them.
https://www.washingtonpost.com/opinions/2025/08/06/economy-jobs-middle-class-recession-tariffs/
The top 10 percent of earners now drive about half of spending, according to Moody’s, up from 36 percent three decades ago. These people will determine if the U.S. economy avoids a recession. These are households earning $250,000 or more, and they are largely doing just fine, buoyed by strong stock-market gains, mansions and rental properties that have shot up in value in recent years, and a rebound in business dealmaking. The wealthy continue to spend on lavish vacations, parties and events, and that masks the strain that many middle-class and moderate-income families are experiencing.