The US trade deficit jumped by almost 33% in December, rising for the second month in a row to $70.3 billion.
The data released Thursday by the Commerce Department's Bureau of Economic Analysis also provided an annual tally for 2025, totaling trade in both goods and services at $901.5 billion. The total for 2024, the last year of Joe Biden's presidency, was $903.5 billion.
The new reading came just hours after Trump claimed that trade deficits were already down and offered a bold prediction for 2026 that the trade deficit would "go into positive territory during this year, for the first time in many decades."
Anonymous wrote:Anonymous wrote:Trump is destroying everything good in the US - reputation, economy, etc etc.
However, I almost feel like the more he messes up, the "quicker" the reckoning comes and we end the destruction?
It's like being on a sinking boat. Nothing is helping it the quicker it sinks, maybe more people will realize the danger of the destruction and get off the damn ship! OR - fix what needs fixing so it stops sinking LOL
This sort of we go 5 steps back every week and move 1 step forward every month...it is the wrong direction. Maybe we're still moving forward but at this rate... it's meaningless?
Something needs to shake the country up and for all of us to finally unite and agree that stuff is broken here. Until that happens, we're in a tail spin that will continue for who knows how long...
There’s no “renaissance” coming for America. Our problems are deeply structural and cultural. Empires decline and that’s our future.
Anonymous wrote:Trump is destroying everything good in the US - reputation, economy, etc etc.
However, I almost feel like the more he messes up, the "quicker" the reckoning comes and we end the destruction?
It's like being on a sinking boat. Nothing is helping it the quicker it sinks, maybe more people will realize the danger of the destruction and get off the damn ship! OR - fix what needs fixing so it stops sinking LOL
This sort of we go 5 steps back every week and move 1 step forward every month...it is the wrong direction. Maybe we're still moving forward but at this rate... it's meaningless?
Something needs to shake the country up and for all of us to finally unite and agree that stuff is broken here. Until that happens, we're in a tail spin that will continue for who knows how long...
Anonymous wrote:Why is the ADP report more bleak than the BLS?
Anonymous wrote:Anonymous wrote:
That 130k January 2026, job report is a lie. The BLD is no longer neutral and is putting out BS numbers. The ADP in private sector shoes job losses, and we know the government did not make up the 90k difference. It will be revised downward just like every month in Trump’s 2025 numbers.
BLS doesn’t put out bs numbers. They have *always* revised their data because they are good statisticians who use a sound methodology. Just because you love Trump doesn’t mean you understand complex data collection and statistics. You hadn’t even heard of BLS until Trump started sh** posting about them.
BLS is neutral. They report data not politics.