America loses jobs for the first time since 2020. Even Faux news calls the numbers "brutal." And this is just the beginning.
All set up by Biden’s disastrous economic policies. Sad.
The disastrous policies that saw his administration oversee job growth in every month of his presidency which had never happened before? His disastrous policies that led to historically low unemployment? Dropped inflation from 9% to under 3%? Positive GDP growth in every quarter? Historically high real wage growth? You may want to look up "disastrous" in the dictionary, because I don't think it means what you think it means.
Under Bush, the U.S. gained 5 million jobs--and lost 5.9 million the following year from the economic recession he caused.
Under Obama, the U.S. gained 7.1 million jobs, despite the above 5.9 million, which his actions immediately ameliorated with his stimulus package turning the U.S. from very negative to very positive economic growth within a quarter.
Under Trump I, the U.S. lost 2.5 million jobs.
Under Biden, in just four years, the U.S. gained 16.1 million jobs (and post-pandemic inflation fell to 2.8%).
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.
Leader of the idiot cult rushing to defend Trump's sh*t show of a jobs report.
1) The Big Ugly Bill is all Trumpapalooza and will add trillions of dollars to the national debt. Just like Trump 1.0 increased the national debt more than Biden did.
2) 4.3% isn't 4.0% either, which is what the unemployment rate was when fat orange turd took office.
3) Yes it is. Inflation is increasing across the board due to Trump's tariffs.
4) You have no idea what you're talking about, or how to use an apostrophe.
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.
Do you guys even bother consulting the glut of publicly available data before saying stuff like this? Or did you just hear something that lacked necessary context and repeat it without inspecting it? Or are you participating in the ruse?
Under Bush, the U.S. gained 5 million jobs--and lost 5.9 million the following year from the economic recession he caused.
Under Obama, the U.S. gained 7.1 million jobs, despite the above 5.9 million, which his actions immediately ameliorated with his stimulus package turning the U.S. from very negative to very positive economic growth within a quarter.
Under Trump I, the U.S. lost 2.5 million jobs.
Under Biden, in just four years, the U.S. gained 16.1 million jobs (and post-pandemic inflation fell to 2.8%).
Trump II has killed the Biden job market already.
The problem with stupid people is they are incapable of understanding information.
Clinton happened to be in the chair when the cold war ended and the internet economy took off.
This had literally f*ck all to do with Democrats or Bill Clinton.
The financial crash of 2008 was literally caused by idiotic Democrat policies. Bush being in the chair when those policies came to fruition has f*ck all to with Republicans or George Bush.
Obama started at rock bottom because of the financial crisis. He managed rhe most anemic recovery in US history. A literal bowl of fruit loops could have done better for the economy by simply doing nothing.
Trumps economy was booming until COVID hit and the economy was intentionally turned off.
Biden was a disaster. 99% of his job "creations" were jobs that were deleted during COVID being refilled or useless government jobs.
You dont understand anything you just rage at the orange man because your cult controls your stupid emotions ..
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.
Do you guys even bother consulting the glut of publicly available data before saying stuff like this? Or did you just hear something that lacked necessary context and repeat it without inspecting it? Or are you participating in the ruse?
The Trump supporters told me he was going to fix everything. He's been in office now for 7.5 months. Why hasn't he fixed the economy by now? Another promise made, another promise broken.
It's completely incompatible with the specific numbers that you cited. There weren't millions of federal government jobs added, and you ignored the private sector. It absolutely refutes what you said, and no ill-conceived attempts to be smug or condescending can change that. Your best option is to either quit or now pivot to questioning the validity of the data. Because your claims cannont be correct if this data is valid.
You should look up the federal reserve and the money supply (and how they impact price inflation and mortgage rates) before you make another post on this topic. Or before speaking about it with someone else IRL. You'll embarrass yourself fruther if you don't. This is basic stuff, and it's filtering you
It's completely incompatible with the specific numbers that you cited. There weren't millions of federal government jobs added, and you ignored the private sector. It absolutely refutes what you said, and no ill-conceived attempts to be smug or condescending can change that. Your best option is to either quit or now pivot to questioning the validity of the data. Because your claims cannont be correct if this data is valid.
If a million people leave the workforce and a million new people take the jobs they left the BLS will say employment stayed the same...
Theres also state and local governments. 709,000 federal state and local jobs added in 2023 alone.
Do you ever get tired of being wrong about absolutely everything?
Help us build the best running shoe review site for a chance to win a LetsRun t-shirt.Help us build the best running shoe review site for a chance to win one of 10 LetsRun t-shirts.