Economy added 73,000 jobs in July, as employers grapple with uncertainty

What the **** is this????

donnie eating mushrooms again? You are once again in the wrong thread donnie.
It's an explanation for why the Trump fascist regime isn't showing success yet. Invasiions aren't as simple anymore, with the rise of Brics.

Sanctions can't negatively effect Russia and Brics countries now that they are the majority.

War is not possible, for reasons on which I can elaborate if asked.


It's being widely accepted that Russia is now the world's most potent military force. Include the Brics and America is no longer in the running.
 
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Very well then, how many months did the private sector lose workers during the Biden years as opposed to gaining workers ?

Very well then, how many months did the private sector lose workers during the Biden years as opposed to gaining workers ?

Let’s face it buddy. You keep digging yourself into a hole that’s why you don’t answer questions.
You're in over your head, Wacko from Warner-Robins.
 
Very well then, how many months did the private sector lose workers during the Biden years as opposed to gaining workers ?

Very well then, how many months did the private sector lose workers during the Biden years as opposed to gaining workers ?

Let’s face it buddy. You keep digging yourself into a hole that’s why you don’t answer questions.
Ummm, are we counting the 800,000+ jobs that were over stated by the administration under Biden?
Ummm, are you counting the jobs that people went back to work after the 'pandemic'?

Let's face it....we aren't buddies, and you're just a generic socialist/communist
trying to pass off himself/herself as a conservative. :laughing0301:
 
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What dimocrap scum don't understand about American Industry (because they're stupid) is that it runs on Interest Rates.

Big Company wants to put up a new building that costs a Billion dollars (or whatever) they don't use their own money. They borrow it. Big Companies, even smaller ones, run on Borrowed Money.

Even if they have the cash laying around (seldom) they will borrow the money. Everything they do is on borrowed money. Everything. Expansion, growth, hiring..... Everything.

Reason why? If a Company wants to spend $100 of its own money on something, they first have to pay Dividends on it (it's in their Charter), then they have to pay Federal Income Tax on it (20%) then they have to pay State Income Tax (10%) then they have to distribute it in profit sharing, etc, etc, etc until they're left with about Fitty Cent.....

It isn't worth it. So they borrow the money, deduct it from their taxes and don't have to declare it as profit and issue dividends PS, etc, etc, etc

Big Companies, ALL of them, operate on borrowed money.

Pulte goes to build a new 1,000 home development? They borrow the money. All of it.

Those 1,000 cars and trucks you see on Dealer Lots, that $50 Million Dollars worth of vehicles? That money is borrowed. Just the service on that loan (called "Floor Plan") is around $50k a month. JUST THE INTEREST!

Our Country runs on borrowed money.

Powell wants to slow down the economy. He is succeeding. Whether it's a good thing or not is open for debate. Trump doesn't think it is..... Or does he?

Anyway, the Fed has more to do with what's going on right now than Trump.

But I wouldn't expect dimocrap scum to understand that. They're way too ******* stupid. I'm talking slack-jawed, drooling, blank-stares stupid as ****. They are intellectually incapable of understanding anything more complicated than "ORANGE MAN BAD!!"

They are also incapable of learning. They just don't have the Brain Cells. Like trying to teach a dog to use the toilet. They're just simply incapable.

It's not really the fault of dimocrap scum that they were born stupid. They were. But they could at least try to understand that they're too ******* stupid to understand.

My dog does. Which makes him smarter than the average dimocrap
 
Duplicate thread.

ohhhh. . it's in triplicate now.

One thread in Economy, one in Current Events, and another in Politics. :lol:

iu
 
Yikes, 258K fewer jobs in May & June than first reported. ****.

This is definitely sucky news. Doesn't change record high stock market, record GDP growth, inflation under 3%, budget surplus.
 
Because Trump ignores history and just stuck on the success he has had.



American history shows tariffs can cause depressions. Notably, high tariffs preceded three terrible depressions in our history

High tariffs preceded the Depression of 1837, the Depression of 1893, and the Great Depression (1929–1941). Tariffs were not the only cause of those depressions, but history shows a connection between high tariffs and economic collapse.

in 2025. Trump’s “Liberation Day” tariffs on April 2, 2025, led to an immediate two-day, 11% drop in the S&P 500.

Contrary to popular belief, the tax is paid by the importer, not the exporter.

Taking Trump’s recently announced 46% tariff on Vietnamese goods as an example, the Vietnamese government doesn’t pay that; neither do local manufacturers. The American companies that import the merchandise get stuck paying the tax bill.


Next he will attemp to do away with President term limits

Donald Trump Tells House Republicans He Won't Seek a Third Term Unless They 'Figure' Out a Way to Allow It

Donald Trump told House Republicans that he won't seek a third term as president — unless they find a way to make it possible.

The top imports are machinery such as computers, vehicles, oil, phamaceuticals, gems, furniture , etc

That foreign car will cost more but hey if your rich it will not matter.
Tax write off if you can figure it out

As dictated by Trump
 
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Unemployment rose to 4.2% last month, with just 73,ooo jobs added. What think you USMB?


U.S. employers added 73,000 jobs in July, reflecting slower growth amid uncertainty about the direction of the economy.

The unemployment rate edged up slightly to 4.2 percent, a relatively low level.

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“The jobs market is balanced right now, but it’s a delicate balance,” said Sarah House, senior economist at Wells Fargo.


While tariffs, high interest rates, stubborn inflation and federal government cuts have yet to sink the labor market into turmoil, signs of underlying weakness are growing.
Employers are hiring at close to the slowest pace in more than a decade, excluding the pandemic, according to a separate report released by the Labor Department this week. . Most other industries are stagnating or even losing jobs, making the labor market more vulnerable to shocks.
GDP is strong. The leftist media/anlysists/pundits etc. are desperate to make people think the economy is weak. It isn't.
 
15th post

The answer is simple.

It's because of the severe tax Trump is imposing on the American consumer (he calls it tariffs), and, since we have been through this with Dubya, business knows a recession is on the way.

Somebody in maga world should try to educate Trump on how tariffs actually work and the great harm they cause on the American economy, with inflation and employment reduction. The Republican party is too spaghetti spined to do it, Fox "News" wont dare do it. Well, America voted for the big orange dummy, so I guess they get what they deserve!

Bigly!!!

Tariffs are a tax on the American People.
 
Trump has been LYING about jobs. He lied by almost half a million and he's barely been in office.

BLS Job Revisions


1754070046872.webp
 
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