32k Private Jobs lost in November. Another hole in the MAGA Economic fantasy

[Conservative from Georgia]

Trump’s back in the Oval, promising his “greatest economy ever” sequel, but this report screams the opposite..tariffs biting harder, consumer caution spreading,
It’s tough out there.

November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports

The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.

www.cnbc.com

 

[leftwinger]

When you have to remodel a home, first you have to rip out ALL the old broken junk. This can cause months to years of hardship on inhabitants.//

 

[Hafar1014]

Trump’s back in the Oval, promising his “greatest economy ever” sequel, but this report screams the opposite..tariffs biting harder, consumer caution spreading,
It’s tough out there.

November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports

The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.

www.cnbc.com

Its still the Biden economy in many ways. Trumps plans start on Jan 1st. Biden had 4 years to dig us in a deep hole of inflation and high energy costs.
Inflation is slowing so tariffs have had little effect. Wages are up and gas under 3 dollars. GDP 3.8%. We now have low cost reliable energy policies. Investment in manufacturing is at record highs Trump put us in the right direction after the Biden disaster

 

[ColonelAngus]

We need about a million jobs lost in the FEDERAL GOVERNMENT.

ALSO STATE AND LOCAL GOVERNMENT.

 

[buckeye]

Trump’s back in the Oval, promising his “greatest economy ever” sequel, but this report screams the opposite..tariffs biting harder, consumer caution spreading,
It’s tough out there.

November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports

The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.

www.cnbc.com

Never, ever, ever trust the ADP report. It's consistently wrong.

https://finance.yahoo.com/news/adp-payroll-report-notoriously-inaccurate-195931534.html?guccounter=1&guce_referrer=aHR0cHM6Ly9kdWNrZHVja2dvLmNvbS8&guce_referrer_sig=AQAAAAIyi4tM747qg8diVKcWG48Z1x2obj857kbzRAdzSdE8SrWycPVlYJHcSPvB0qnGBbiDtN5L1zFzSjRTfpIYIyPXge6k3GYmf_YmD-fvLH-JEPTflqZyIybIqyVzfdBYvL1K69PI3fI6L_wMD4Rft-0CBObnz5eM-wqjTJj6jfej

 

[Conservative from Georgia]

When you have to remodel a home, first you have to rip out ALL the old broken junk. This can cause months to years of hardship on inhabitants.//

Can you tell me the number of private jobs lost or created during the last few months of the Biden administration and then explain how a loss of 32,000 now fits in that context

 

[Hafar1014]

Can you tell me the number of private jobs lost or created during the last few months of the Biden administration and then explain how a loss of 32,000 now fits in that context

The mistake of the Biden economy was a massive increase in government jobs

 

[Conservative from Georgia]

The mistake of the Biden economy was a massive increase in government jobs

This thread is about private jobs lost.

 

[Blaster]

We have help wanted signs throughout my community. Some folks are too lazy to want to work for a living.

 

[rightwinger]

Its still the Biden economy in many ways. Trumps plans start on Jan 1st

Trump tariffs started in April
We should be seeing results by now.

Bidenomics added 16 million jobs and we still saw massive gains in his last year along with a stock market that gained 26 percent

That is the economy Trump was given

 

[rightwinger]

We have help wanted signs throughout my community. Some folks are too lazy to want to work for a living.

They don’t want to work when they can’t make a living off of it

 

[Hafar1014]

Trump tariffs started in April
We should be seeing results by now.

Bidenomics added 16 million jobs and we still saw massive gains in his last year along with a stock market that gained 26 percent

That is the economy Trump was given

40% of the jobs were government jobs funded by debt in fact the Biden economy was funded by debt and printing money. That caused the inflation that crushed the middle class. The gains were debt not equity. Thats like living off your credit card and only paying the interest and claiming all your bills are paid. Trump was given a mess.
Trump is now transitioning the government debt economy with a private wealth based economy.

 

[Mac1958]

Trump tariffs started in April
We should be seeing results by now.

Bidenomics added 16 million jobs and we still saw massive gains in his last year along with a stock market that gained 26 percent

That is the economy Trump was given

Trump was bragging about his "greatest ever" economy just a few weeks ago.

Now it's not his economy any more. Or, the Following doesn't "see" anything wrong with it.

Trumpsters talking about markets and economics: The Dunning-Kruger Effect in all its glory.

 

[Hafar1014]

Trump was bragging about his "greatest ever" economy just a few weeks ago.

Now it's not his economy any more. Or, the Following doesn't "see" anything wrong with it.

Trumpsters talking about markets and economics: The Dunning-Kruger Effect in all its glory.

Most of the economy is still Bidens Trump has put in some reforms that have helped such as low gas costs, regulation cuts and workable energy policies. Next year the tax cuts kick in and manufacturing will increase. Its still the Biden budget. It takes a year to reverse the Biden mistakes

 

[FireFly]

We need about a million jobs lost in the FEDERAL GOVERNMENT.

ALSO STATE AND LOCAL GOVERNMENT.

Trump killed 2 million Jobs.

The Employment to Population Ratio shows lower percent employed = 2 million Fewer Employed.

Fewer items purchased during black friday & cyber monday with higher priced goods showing more spending by wealthy & much less by working poor. K shaped economy disaster for the poor. US dollar failing & Gold climbing to new highs.

 

[ColonelAngus]

Trump killed 2 million Jobs.

The Employment to Population Ratio shows lower percent employed = 2 million Fewer Employed.

Fewer items purchased during black friday & cyber monday with higher priced goods showing more spending by wealthy & much less by working poor. K shaped economy disaster for the poor. US dollar failing & Gold climbing to new highs.

Yes, he inherited a shit show. COVID policies really fucked the planet.

People hoarding ass paper in their garages was so retarded.

 

[FireFly]

Yes, he inherited a shit show. COVID policies really fucked the planet.

People hoarding ass paper in their garages was so retarded.

Trump is Killing US Manufacturing Jobs!

 

[KissMy]

 

[Mac1958]

Trump is Killing US Manufacturing Jobs!

As predicted. Manufacturing input costs are soaring because of the tariffs.

Econ 101. Which Trump doesn't know.

 

[rightwinger]

Econ 101. Which Trump doesn't know.

But, but….Trump majored in Economics at Wharton

That makes him smarter than anyone