During the SOTU, didn't trump tout how incredibly strong the economy is?

[berg80]

U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%​

U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%

Nonfarm payrolls were expected to increase 50,000 in February while the unemployment rate held steady at 4.3%.

www.cnbc.com

I'm not an economist but I don't think job cuts and rising unemployment are signs of a booming economy. The greatest economy in the history of the world as Don likes to put it.

We have a "service" economy meaning it relies on the purchase of goods and services in order to thrive. When that is slowed by higher costs for consumers..........

New York Fed’s Williams says tariff burden falls ‘overwhelmingly’ on U.S. businesses and consumers​

New York Fed's Williams says tariff burden falls 'overwhelmingly' on U.S. businesses and consumers

Williams said that not only were the tariffs being felt at home, but they also were keeping the Fed from reaching its 2% inflation goal.

www.cnbc.com

.......leading to less discretionary spending it has an effect. Not a good one.

 

[berg80]

American consumers and businesses are taking most of the hit from President Donald Trump’s tariffs, New York Federal Reserve President John Williams said Tuesday in remarks that counter White House claims.

“The tariffs have overwhelmingly been borne domestically — a New York Fed analysis estimates that most of the burden has fallen on U.S. firms and consumers.,” Williams said in remarks for a conference in Washington, D.C. “In addition, the tariffs have already meaningfully increased U.S. prices of imported goods, and the full effects have likely not yet been felt.”

They are starting to be felt.

 

[kyzr]

As AI data centers come online, more jobs will be deleted and created transforming the economy into something new

AI Job Displacement Statistics (2026 Data & Trends)

Up-to-date AI job displacement statistics showing which jobs are most at risk, how fast automation is accelerating & what the data reveals about it.

click-vision.com

 

[Crepitus]

U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%​

U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%

Nonfarm payrolls were expected to increase 50,000 in February while the unemployment rate held steady at 4.3%.

www.cnbc.com

I'm not an economist but I don't think job cuts and rising unemployment are signs of a booming economy. The greatest economy in the history of the world as Don likes to put it.

We have a "service" economy meaning it relies on the purchase of goods and services in order to thrive. When that is slowed by higher costs for consumers..........

New York Fed’s Williams says tariff burden falls ‘overwhelmingly’ on U.S. businesses and consumers​

New York Fed's Williams says tariff burden falls 'overwhelmingly' on U.S. businesses and consumers

Williams said that not only were the tariffs being felt at home, but they also were keeping the Fed from reaching its 2% inflation goal.

www.cnbc.com

.......leading to less discretionary spending it has an effect. Not a good one.

They also dropped the January number by over 50K.

 

[Crepitus]

As AI data centers come online, more jobs will be deleted and created transforming the economy into something new

AI Job Displacement Statistics (2026 Data & Trends)

Up-to-date AI job displacement statistics showing which jobs are most at risk, how fast automation is accelerating & what the data reveals about it.

click-vision.com

AI is gonna be a disaster. More and more of the early adopters are discovering just how badly they fucked up,