Consumer Confidence number 2nd lowest ever.

[80zephyr]

Yea, you guys love to just brush off how great he was on some internet bubble. Suck a dick loser.

We can't ask you to be honest. Let's ask Trump before he decided to run as a Republican what he thinks about Trump and jealous people like you.

"I think Bill Clinton was a great president,’"
"You know, you look at the country then. The economy was doing great. Look at what happened during the Clinton years. I mean we had no war, the economy was doing great, everybody was happy. A lot of people hated him because they were jealous as hell,’" Trump said.

Clinton was a good president. But some of that was because of the Republican congress and the explosion of computers to heat up the economy.

 

[sealybobo]

If inflation comes, it comes. The tariffs are needed to level the playing field. And, as a bonus, the borders is closed and men aren't competing against women.

Would you rather we had voted for Harris?

Nonsense. Last year, tariffs were not our problem. Why suddenly are they a big problem?

Last year grocery prices were the problem. Now you say if the prices go up even more, so be it? **** you!

 

[sealybobo]

Clinton was a good president. But some of that was because of the Republican congress and the explosion of computers to heat up the economy.

No. Clinton was a great president PERIOD.

Bush was handed a great economy and he fucked it up. You want to blame a bubble burst and ignore all the tax breaks, deregulations and wars he launched.

If you notice Biden got us out of economic trouble fairly pain free. Sure inflation sucked but unemployment was low, companies were hiring. Bush's policies he implemented did more harm to our economy than the small recession he was handed. Add up everything Bush did, or didn't do, in the 8 years he was president and HE was the reason for the Greatest Recession we've seen since the Great Depression. And don't forget Trump's covid recession was even worse than Bush's. Maybe it wouldn't have been so bad had he handled it differently. Instead he encouraged super spreader rallies, not wearing masks and not get vaccinated. He made it WORSE! So did you his MAGA followers.

Did you see this? Good economies favor Republicans despite who the incumbent is. And bad economies favor Democrats. Why? Because voters like risk taking Republicans who will lower interest rates and cut taxes in good times. Get rid of regulations. But those things cause recessions. So that's why Democrats always win when the economy is bad. They come in and raise taxes on the rich, put back important regulations, give out stimulus checks, invest in America. We put the country together after Republicans have broken it.

Our main thesis is that a strong economy favors Republicans, and a weak economy favors Democrats, regardless of the incumbent.

The Economy Has Been Great Under Biden. That’s Why Trump Won.

A simple model may explain the results of the US presidential election.

www.chicagobooth.edu

 

[Robert W]

That's too simple

It is marvelous? Do you think Trump solved crime in DC? Or did crime just stop the 1 or 2 days the troops were in town? You're easily pleased.

You have been brainwashed to HATE taxes but LOVE tariffs. What's the diff really? Oh, and tariffs have only begun to kick in. Companies are going to pass the increased costs on to you dummy. It's absolutely happening.

Tariffs/taxes have only slightly kicked in. Right. So far. Just wait.

I certainly am not saying I am happy with taxes or Tariffs.

 

[Robert W]

No. Clinton was a great president PERIOD.

Bush was handed a great economy and he fucked it up. You want to blame a bubble burst and ignore all the tax breaks, deregulations and wars he launched.

If you notice Biden got us out of economic trouble fairly pain free. Sure inflation sucked but unemployment was low, companies were hiring. Bush's policies he implemented did more harm to our economy than the small recession he was handed. Add up everything Bush did, or didn't do, in the 8 years he was president and HE was the reason for the Greatest Recession we've seen since the Great Depression. And don't forget Trump's covid recession was even worse than Bush's. Maybe it wouldn't have been so bad had he handled it differently. Instead he encouraged super spreader rallies, not wearing masks and not get vaccinated. He made it WORSE! So did you his MAGA followers.

Did you see this? Good economies favor Republicans despite who the incumbent is. And bad economies favor Democrats. Why? Because voters like risk taking Republicans who will lower interest rates and cut taxes in good times. Get rid of regulations. But those things cause recessions. So that's why Democrats always win when the economy is bad. They come in and raise taxes on the rich, put back important regulations, give out stimulus checks, invest in America. We put the country together after Republicans have broken it.

Our main thesis is that a strong economy favors Republicans, and a weak economy favors Democrats, regardless of the incumbent.

The Economy Has Been Great Under Biden. That’s Why Trump Won.

A simple model may explain the results of the US presidential election.

www.chicagobooth.edu

 

[sealybobo]

View attachment 1155068

Does that tell the whole story? If you think it does, here's a statistic you'll appreciate

Since the end of the Cold War in 1989, America has created about 51 million new jobs. I swear I checked this three times. Even I couldn’t believe it. What’s the score? Democrats 50 million jobs, Republicans 1.

 

[Robert W]

Does that tell the whole story? If you think it does, here's a statistic you'll appreciate

Since the end of the Cold War in 1989, America has created about 51 million new jobs. I swear I checked this three times. Even I couldn’t believe it. What’s the score? Democrats 50 million jobs, Republicans 1.

That reflects not on presidents, but corporate gains and corporate plans and accomplishments.

 

[sealybobo]

That reflects not on presidents, but corporate gains and corporate plans and accomplishments.

US job growth hasn’t been this slow since Covid. Trump’s policies have chilled it even further.

https://www.cnn.com/2025/05/01/business/us-jobs-report-preview-april

I remember millions of high paying union manufacturing jobs were going overseas in the 2000's too. On Bush's watch. He let them go. Would Trump have just let them go? In fact Bush gave them tax breaks on their way out the door. So don't give Bush a pass for his piss poor jobs numbers.

President Donald Trump’s drastic policy moves, and the twists and turns that have come alongside them, have made economic forecasting a squirrely endeavor.

The sheer uncertainty of what’s to come has put markets on the fritz and sent soft data (like consumer sentiment surveys) sounding alarms. Now, the hard data (tried-and-true economic metrics that are lagged for good reason) is starting to reflect some of the disarray.

The engine of the US economy is the American consumer, whose spending accounts for more than two-thirds of economic activity. And the lifeblood of consumer spending comes from one critical source: the US labor market.

And as it stands now, and as it likely stood in April, that fuel source hasn’t run dry — but it very well could be starting to crack under the pressure.

“This has not led to any substantial uptick in unemployment claims, but surveys of both businesses and consumers have turned sharply negative in the last two months,” Baker noted. “It is hard to believe that this has not had some impact on hiring.”

Now businesses have to contend with plenty more unknowns.

In March, job openings sank to their lowest level since September, a time when pre-election uncertainty helped to dampen hiring plans.

Some economists expect those “holding patterns” to become even more evident in the jobs data when it’s released Friday. Lydia Boussour, senior economist at EY-Parthenon, estimates that April’s job growth could be a paltry 65,000.

job cut announcements released by Challenger, Gray & Christmas indicate that layoffs are creeping higher as employers grow increasingly cautious about the outlook,” she wrote in a note to clients. “Business surveys also point to deteriorating labor market trends.”

Cutting through the noise, there is a clear trend of economic uncertainty weighing on businesses

This ain't good: Health care, state and local government, leisure and hospitality: These three sectors have been the leading drivers of overall job growth in recent years.

The annual rate of average hourly earnings dipped to 3.8% in March from 4% in February. With more workers uncertain about their future job prospects and the overall economy, they’re staying put — and less job-hopping means wage gains could continue to soften at a time when tariffs cause prices to rise.

 

[John Edgar Slow Horses]

I certainly am not saying I am happy with taxes or Tariffs.

You apparently love them. You want the average taxpayer to pay more for goods. Why?

 

[Robert W]

You apparently love them. You want the average taxpayer to pay more for goods. Why?

You are not smarter than a 5th grader if you think I love tariffs.

 

[John Edgar Slow Horses]

You are not smarter than a 5th grader if you think I love tariffs.

Then you are acting like a 5th grader if you love them, and you are not showing us that you don't.

 

[Robert W]

US job growth hasn’t been this slow since Covid. Trump’s policies have chilled it even further.

https://www.cnn.com/2025/05/01/business/us-jobs-report-preview-april

I remember millions of high paying union manufacturing jobs were going overseas in the 2000's too. On Bush's watch. He let them go. Would Trump have just let them go? In fact Bush gave them tax breaks on their way out the door. So don't give Bush a pass for his piss poor jobs numbers.

President Donald Trump’s drastic policy moves, and the twists and turns that have come alongside them, have made economic forecasting a squirrely endeavor.

The sheer uncertainty of what’s to come has put markets on the fritz and sent soft data (like consumer sentiment surveys) sounding alarms. Now, the hard data (tried-and-true economic metrics that are lagged for good reason) is starting to reflect some of the disarray.

The engine of the US economy is the American consumer, whose spending accounts for more than two-thirds of economic activity. And the lifeblood of consumer spending comes from one critical source: the US labor market.

And as it stands now, and as it likely stood in April, that fuel source hasn’t run dry — but it very well could be starting to crack under the pressure.

“This has not led to any substantial uptick in unemployment claims, but surveys of both businesses and consumers have turned sharply negative in the last two months,” Baker noted. “It is hard to believe that this has not had some impact on hiring.”

Now businesses have to contend with plenty more unknowns.

In March, job openings sank to their lowest level since September, a time when pre-election uncertainty helped to dampen hiring plans.

Some economists expect those “holding patterns” to become even more evident in the jobs data when it’s released Friday. Lydia Boussour, senior economist at EY-Parthenon, estimates that April’s job growth could be a paltry 65,000.

job cut announcements released by Challenger, Gray & Christmas indicate that layoffs are creeping higher as employers grow increasingly cautious about the outlook,” she wrote in a note to clients. “Business surveys also point to deteriorating labor market trends.”

Cutting through the noise, there is a clear trend of economic uncertainty weighing on businesses

This ain't good: Health care, state and local government, leisure and hospitality: These three sectors have been the leading drivers of overall job growth in recent years.

The annual rate of average hourly earnings dipped to 3.8% in March from 4% in February. With more workers uncertain about their future job prospects and the overall economy, they’re staying put — and less job-hopping means wage gains could continue to soften at a time when tariffs cause prices to rise.

It is fun the way you go about lecturing this forum. Blaming the president is blaming the wrong party.

News Release

Secretary Chavez-DeRemer statement on July jobs report​

WASHINGTON – U.S. Secretary of Labor Lori Chavez-DeRemer issued the following statement regarding the July 2025 Employment Situation Report:

“Following expectation-defying three percent GDP growth in the second quarter, today’s jobs report provides further evidence that the American people are seeing real progress as we recover from the failed economic policies of the previous Administration. Wages continue to rise, and native-born workers have accounted for all job gains since Inauguration Day. We’ve seen consistent economic improvements across the board over the last several months, with more Americans enjoying lower prices, a booming stock market, and half a million jobs created.

“Thanks to President Trump’s bold America First agenda, fair trade deals and the One Big Beautiful Bill Act are poised to further strengthen the American workforce. Trillions of dollars in private investments, along with historic tax relief for workers and families, will only continue to create jobs and grow our economy.

“Whether it’s expanding access to on-the-job training programs or cutting red tape for employers, the Department of Labor remains laser-focused on amplifying economic growth by ensuring every American has a pathway to a good-paying job and a secure retirement.”
Agency

Office of the Secretary
Date

August 1, 2025
Release Number

25-1234-NAT

 

[John Edgar Slow Horses]

Robert W, just sit down and be quiet. Sealybobo knows so much more than you.

 

[Robert W]

Then you are acting like a 5th grader if you love them, and you are not showing us that you don't.

You never ever protested the tariffs handed to us by the Biden administration where they approved the Trump tariffs of his first administration. I did not love Bidens nor Trumps though for Trump his are paying the national debt.

 

[Robert W]

Robert W, just sit down and be quiet. Sealybobo knows so much more than you.

Sealybobo knows more than you know you mean.

 

[80zephyr]

Nonsense. Last year, tariffs were not our problem. Why suddenly are they a big problem?

Last year grocery prices were the problem. Now you say if the prices go up even more, so be it? **** you!

If we are suffering because of an uneven playing field, we need to control that. No matter what the cost.

 

[Andrew_Jackson_FTW]

The stock market did great under Biden. You said that only proved we were the party for the rich. We showed you that America's wealth rose like never before under Biden because of home values and 401K's. You said "what about uneducated blue collar workers who can't afford groceries or rent.

View attachment 1155020

View attachment 1155021
Democratic administrations since 1989 oversaw 50 million net jobs created, compared to 1 million under Republican administrations

From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances

I could go on and on.

Union workers won big under Biden too. They got big raises. Casino, auto, dock workers, actors, healthcare workers, amazon, UPS workers.

You focused on inflation. Now, Trump is causing "inflation" in the form of tariffs. And the Feds warn if Trump gets his way and makes them lower interest rates, inflation is coming back. Wake up stupid.

The stock market did well under Biden. And during Trump’s first term. But the most volatility we had recently was in 2022 when the market lost 19% under Biden.

You are simply putting politics above truth. All we have to do is look at the numbers. That’s it there’s no debating this. Anybody who claims the markets are not performing well under Trump is simply lying. We are up 10% on the year and the markets performed well during Trump’s first term.

I don’t believe I have said much or anything about blue-collar workers in this thread. …If you want to talk about the middle class that is a different topic from how the markets are performing.

 

[80zephyr]

US job growth hasn’t been this slow since Covid. Trump’s policies have chilled it even further.

https://www.cnn.com/2025/05/01/business/us-jobs-report-preview-april

I remember millions of high paying union manufacturing jobs were going overseas in the 2000's too. On Bush's watch. He let them go. Would Trump have just let them go? In fact Bush gave them tax breaks on their way out the door. So don't give Bush a pass for his piss poor jobs numbers.

President Donald Trump’s drastic policy moves, and the twists and turns that have come alongside them, have made economic forecasting a squirrely endeavor.

The sheer uncertainty of what’s to come has put markets on the fritz and sent soft data (like consumer sentiment surveys) sounding alarms. Now, the hard data (tried-and-true economic metrics that are lagged for good reason) is starting to reflect some of the disarray.

The engine of the US economy is the American consumer, whose spending accounts for more than two-thirds of economic activity. And the lifeblood of consumer spending comes from one critical source: the US labor market.

And as it stands now, and as it likely stood in April, that fuel source hasn’t run dry — but it very well could be starting to crack under the pressure.

“This has not led to any substantial uptick in unemployment claims, but surveys of both businesses and consumers have turned sharply negative in the last two months,” Baker noted. “It is hard to believe that this has not had some impact on hiring.”

Now businesses have to contend with plenty more unknowns.

In March, job openings sank to their lowest level since September, a time when pre-election uncertainty helped to dampen hiring plans.

Some economists expect those “holding patterns” to become even more evident in the jobs data when it’s released Friday. Lydia Boussour, senior economist at EY-Parthenon, estimates that April’s job growth could be a paltry 65,000.

job cut announcements released by Challenger, Gray & Christmas indicate that layoffs are creeping higher as employers grow increasingly cautious about the outlook,” she wrote in a note to clients. “Business surveys also point to deteriorating labor market trends.”

Cutting through the noise, there is a clear trend of economic uncertainty weighing on businesses

This ain't good: Health care, state and local government, leisure and hospitality: These three sectors have been the leading drivers of overall job growth in recent years.

The annual rate of average hourly earnings dipped to 3.8% in March from 4% in February. With more workers uncertain about their future job prospects and the overall economy, they’re staying put — and less job-hopping means wage gains could continue to soften at a time when tariffs cause prices to rise.

If you ever wondered why manufacturing employment has not done well over the last 15 years, President Clinton gave us part of the answer in a column giving advice on job creation [thanks hapa]. His 13th item on job creation is “Enforce Trade Laws,” where he tells readers:


“We lost manufacturing jobs in every one of the eight years after I left office. One of the reasons is that enforcement of our trade laws dropped sharply. Contrary to popular belief, the World Trade Organization and our trade agreements do not require unilateral disarmament. They’re designed to increase the volume of two-way trade on terms that are mutually beneficial. My administration negotiated 300 trade agreements, but we enforced them, too. Enforcement dropped so much in the last decade because we borrowed more and more money from the countries that had big trade surpluses with us, especially China and Japan, to pay for government spending. Since they are now our bankers, it’s hard to be tough on their unfair trading practices. This happened because we abandoned the path of balanced budgets 10 years ago, choosing instead large tax cuts especially for higher-income people like me, along with two wars and the senior citizens’ drug benefit. In the history of our republic, it’s the first time we ever cut taxes while going to war.”

 

[sealybobo]

It is fun the way you go about lecturing this forum. Blaming the president is blaming the wrong party.

News Release

Secretary Chavez-DeRemer statement on July jobs report​

WASHINGTON – U.S. Secretary of Labor Lori Chavez-DeRemer issued the following statement regarding the July 2025 Employment Situation Report:

“Following expectation-defying three percent GDP growth in the second quarter, today’s jobs report provides further evidence that the American people are seeing real progress as we recover from the failed economic policies of the previous Administration. Wages continue to rise, and native-born workers have accounted for all job gains since Inauguration Day. We’ve seen consistent economic improvements across the board over the last several months, with more Americans enjoying lower prices, a booming stock market, and half a million jobs created.

“Thanks to President Trump’s bold America First agenda, fair trade deals and the One Big Beautiful Bill Act are poised to further strengthen the American workforce. Trillions of dollars in private investments, along with historic tax relief for workers and families, will only continue to create jobs and grow our economy.

“Whether it’s expanding access to on-the-job training programs or cutting red tape for employers, the Department of Labor remains laser-focused on amplifying economic growth by ensuring every American has a pathway to a good-paying job and a secure retirement.”
Agency

Office of the Secretary
Date

August 1, 2025
Release Number

25-1234-NAT

You defend tariffs like you defend Trump. Poorly.

 

[sealybobo]

If you ever wondered why manufacturing employment has not done well over the last 15 years, President Clinton gave us part of the answer in a column giving advice on job creation [thanks hapa]. His 13th item on job creation is “Enforce Trade Laws,” where he tells readers:


“We lost manufacturing jobs in every one of the eight years after I left office. One of the reasons is that enforcement of our trade laws dropped sharply. Contrary to popular belief, the World Trade Organization and our trade agreements do not require unilateral disarmament. They’re designed to increase the volume of two-way trade on terms that are mutually beneficial. My administration negotiated 300 trade agreements, but we enforced them, too. Enforcement dropped so much in the last decade because we borrowed more and more money from the countries that had big trade surpluses with us, especially China and Japan, to pay for government spending. Since they are now our bankers, it’s hard to be tough on their unfair trading practices. This happened because we abandoned the path of balanced budgets 10 years ago, choosing instead large tax cuts especially for higher-income people like me, along with two wars and the senior citizens’ drug benefit. In the history of our republic, it’s the first time we ever cut taxes while going to war.”

If you look up NAFTA on WIKI you'll see Clinton put Environmental and Labor protections in it before he signed it. I bet you $1 million dollars Bush removed those environmental and labor protections.

What does enforcing our trade deals have to do with borrowing money from countries? And why are/were we borrowing money from other countries?

Actually, after re reading your post, it reminds me of something I heard once. If you owe someone $1000, they have the power. But if you owe them $1 million dollars, you have the power.

So what if we owe China money? Do they want us to pay them back? Then they better be nice.