President Trump in August fired BLS Commissioner Erika McEntarfer after the agency issued a disappointing jobs report and revised downward two prior months.
This, of course, intentional. The most important thing right now to the billionaire class is lowering interest rates. If a bunch of people lose their jobs and we go into a recession who cares, right? Lower interest rates is the goal here.
Most of Biden’s job gains went to illegal immigrants getting TPS and government workers and were dependent upon massive deficit spending. When you revoke TPS and start deportations, you will get job losses. When you cut government programs you will get job losses. 5% unemployment is the sweet spot. When we get some rate cuts (which are overdue), it will stimulate private sector job growth and decrease our deficit by reducing the interest on the debt. We want an economy that is sustainable. Biden’s economy was smoke and mirrors.
Thanks for the opinion. I’ll provide the facts now. 1) Trump is spending is increasing the deficit faster than Biden. 2) 5% unemployment is not the sweet spot. 3) inflation is already running hot. Lower rates will spike it back to 10%+. 4) Trump’s policies are leading us to a recession. There’s no way to avoid it.
1. This year's spending is Biden's FY25 budget from last year...
2. 4.3% isnt 5% and hiring millions of government employees like Biden did is smoke and mirrors.
Thanks for the opinion. I’ll provide the facts now. 1) Trump is spending is increasing the deficit faster than Biden. 2) 5% unemployment is not the sweet spot. 3) inflation is already running hot. Lower rates will spike it back to 10%+. 4) Trump’s policies are leading us to a recession. There’s no way to avoid it.
1. This year's spending is Biden's FY25 budget from last year...
2. 4.3% isnt 5% and hiring millions of government employees like Biden did is smoke and mirrors.
3. No it isnt.
4. You have no idea what youre talking about.
so theres nothing trump can do? We are just spiraling the drain?
Black unemployment rate is 7.2%. Highest since the pandemic, smh. What a 💩 show!
Meh. More laziness and poor choices than anything. Go into the trades or go work for UPS. UPS will hire them. Package car drivers after 4 years right now, $45 an hour. Feeder drivers (trailers) after 4 years right now, $60-ish an hour. Pull up those bootstraps! Border is secure, that's more important. ICE is on a mission to get criminals off the streets. Border secure, safe streets. Oh yeah.......
Most of Biden’s job gains went to illegal immigrants getting TPS and government workers and were dependent upon massive deficit spending. When you revoke TPS and start deportations, you will get job losses. When you cut government programs you will get job losses. 5% unemployment is the sweet spot. When we get some rate cuts (which are overdue), it will stimulate private sector job growth and decrease our deficit by reducing the interest on the debt. We want an economy that is sustainable. Biden’s economy was smoke and mirrors.
Thanks for the opinion. I’ll provide the facts now. 1) Trump is spending is increasing the deficit faster than Biden. 2) 5% unemployment is not the sweet spot. 3) inflation is already running hot. Lower rates will spike it back to 10%+. 4) Trump’s policies are leading us to a recession. There’s no way to avoid it.
Most of Biden’s job gains went to illegal immigrants getting TPS and government workers and were dependent upon massive deficit spending. When you revoke TPS and start deportations, you will get job losses. When you cut government programs you will get job losses. 5% unemployment is the sweet spot. When we get some rate cuts (which are overdue), it will stimulate private sector job growth and decrease our deficit by reducing the interest on the debt. We want an economy that is sustainable. Biden’s economy was smoke and mirrors.
Immigrant labor is still labor. It’s been this way for DECADES. It wasn’t just under Biden. It was 7% in 1980, doubled by 2000. Triple the 1980 rate by 2025. That’s just how it is and how it’s going to be. Our population increases are largely due to immigration.
I hate to burst your bubble but it’s not 1950 anymore.
Sleepy Joe really did a number on the economy and now we're paying for it.
Glad we have Daddy at the helm now to get us out of the Great Democratic Recession!!!
Found the guy that doesn't know anything about economics. Brandon administration just got us out of tRump's recession and now we are headed back into one.
Most of Biden’s job gains went to illegal immigrants getting TPS and government workers and were dependent upon massive deficit spending. When you revoke TPS and start deportations, you will get job losses. When you cut government programs you will get job losses. 5% unemployment is the sweet spot. When we get some rate cuts (which are overdue), it will stimulate private sector job growth and decrease our deficit by reducing the interest on the debt. We want an economy that is sustainable. Biden’s economy was smoke and mirrors.
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