Unemployment Numbers Released - Post Pandemic High Unemployment & Downward Revisions

[citygator]

I'm not disputing that. Now compare what the tariffs cost vs. what every fuckin American that pays federal income tax gained in take home pay.

Math is rascist!

Well I am making out like a bandit. I got a $30,000 tax cut in my taxes and will be paying a few thousand in tariffs. Now the middle and lower class folks are upside down but, hey, who gives a shit about them? I dont. They seem to want me to really make out in this economy at their expense. It is also blowing up the deficit but since I will only live another 40-50 years or so... who cares?

Impact on Income Tiers (Based on 2025-2027 Projections):

• Ultra-Wealthy (Top 1%): Receive substantial benefits, with average tax cuts potentially reaching tens of thousands of dollars annually, boosting their income significantly.
• Middle Class (Middle 20%-60%): See minimal gains, often just 0.8-1% in resources, which some analysts say is barely enough to keep up with rising costs, with tariffs offsetting much of the tax cut benefit.
• Working Class & Poorer Tiers (Bottom 40%-80%): Experience the smallest benefits; tariffs can exceed tax cuts, leading to a net reduction in resources, while some lowest earners could face higher effective taxes.

 

[rightwinger]

Where are the crazy inflation numbers from the tariffs? In fact, where are the crazy inflation numbers from Trump’s first term where he also implemented tariffs?

The economy will flourish under Trump if the Democrats don’t find a way to screw it up by shutting down the government multiple times again or start their endless impeachment campaigns if they win the mid-terms. For Democrats, getting Trump far supersedes their love of country.

It’s Christmas and we are already seeing them

 

[Norm Paperman]

Anyone know why gas is up 50 cents a gallon in the last 5 days?

Is it the impending invasion of Venezuela?

 

[Hafar1014]

Anyone know why gas is up 50 cents a gallon in the last 5 days?

Is it the impending invasion of Venezuela?

Gas cant go up that much in 5 days

 

[Norm Paperman]

Gas cant go up that much in 5 days

It can go up that much in one day.

 

[berg80]

No wonder Trump didn't release any economy statistics before the November off cycle elections. The results are terrible.

• Unemployment spikes to 4.6% - high since 2021 under Covid
• 105,000 jobs were LOST in October - the report Trump delayed
• A mere 64,000 were ADDED in November
• September and August job adds were REVISED DOWN by 30% - including August job loss revised to -26,000 jobs from -4,000
• The U.S. economy has shed jobs in three out of the past six months.

The Trend under Trump has not been good. The Golden Age economy is more like the Golden Arches economy.

https://www.wsj.com/economy/jobs/jobs-report-october-november-2025-unemployment-economy-7f6eea90?mod=economy_lead_story

Job numbers for September and August were worse than previously reported. Some 108,000 jobs were added in September, lower than the 119,000 gain previously reported; 26,000 jobs were lost in August, instead of the previously estimated 4,000 decline.

Job losses in June, August and October mean the U.S. economy has shed jobs in three out of the past six months.

Overall, economists describe the current labor market as a low-fire, low-hire environment.

View attachment 1194389View attachment 1194393

https://www.nytimes.com/live/2025/12/16/business/jobs-report-economy

Not to worry. In trumpworld we have an A+++++ economy. Prices are down, inflation is over, things have never been better, there's a chicken in every pot, and any problems that do exist are the fault of the guy who hasn't been prez for 11 months.

IOW, "What you're seeing and what you're reading is not what's happening."

 

[Hafar1014]

Not to worry. In trumpworld we have an A+++++ economy. Prices are down, inflation is over, things have never been better, there's a chicken in every pot, and any problems that do exist are the fault of the guy who hasn't been prez for 11 months.

IOW, "What you're seeing and what you're reading is not what's happening."

Its still the Biden economy in many ways it takes 2 years to fix the mess he caused. Things are getting better

 

[Marener]

It’s still the Biden economy in many ways it takes 2 years to fix the mess he caused. Things are getting better

Ha! You losers just keep pushing the dates later and later.

First Trump said it’ll happen day one.
No wait, it’ll take 6 months.
No, a year.

Now? Yeah, it’ll be two years.

Just admit you’re failing.

 

[Hafar1014]

Ha! You losers just keep pushing the dates later and later.

First Trump said it’ll happen day one.
No wait, it’ll take 6 months.
No, a year.

Now? Yeah, it’ll be two years.

Just admit you’re failing.

So far GDP 3.8% wages are up, inflation slowing, gas under 3 dollars, rents down, manufacturing investment is 12 trillion, taxes cut fir the middle class and elderly. annual deficit down to 1.7 trillion, we now have reliable energy policies. Next year wages will increase because Trump cut taxes everything will be more affordable.
It took 4 years fr Reagan to fix the Carter disaster. Trump will fix the Biden disaster in 2 years.

 

[Nostra]

Anyone know why gas is up 50 cents a gallon in the last 5 days?

Is it the impending invasion of Venezuela?

You are a liar.


Today: $2.90
7 days ago: $2.94

AAA Fuel Prices

 

[Nostra]

It can go up that much in one day.

But it didn’t. You are a liar.

 

[Norm Paperman]

You are a liar.


Today: $2.90
7 days ago: $2.94

AAA Fuel Prices

Last week I paid 2.27 and yesterday my wife paid 2.71 at the same gas station.

 

[Nostra]

Last week I paid 2.27 and yesterday my wife paid 2.71 at the same gas station.

Then you got fucked.

Gas prices are down over the past week to a 4 year low, Stupid.

 

[Marener]

So far GDP 3.8% wages are up, inflation slowing, gas under 3 dollars, rents down, manufacturing investment is 12 trillion, taxes cut fir the middle class and elderly. annual deficit down to 1.7 trillion, we now have reliable energy policies. Next year wages will increase because Trump cut taxes everything will be more affordable.
It took 4 years fr Reagan to fix the Carter disaster. Trump will fix the Biden disaster in 2 years.

GDP grew 3.8% in Q2 after contracting in Q1. You're cherry picking. Total year GDP growth might be around 3% this year, but about half of that will be investment in AI. GDP growth in 2024 was about 3% too.

Wage growth is minimal this year.

Inflation is 3%, same as it was last year.

Gas is cheaper, primarily because Trump got OPEC to increase production. But it's only like 3% cheaper now than last year.

Rent is up about 2-3% this year.

Manufacturing investment has actually decreased this year.

The Federal deficit for 2025 is almost exactly what it was in 2024.

Energy prices are increasing, a lot actually.

You don't know what you're talking about.

 

[rightwinger]

Ha! You losers just keep pushing the dates later and later.

First Trump said it’ll happen day one.
No wait, it’ll take 6 months.
No, a year.

Now? Yeah, it’ll be two years.

Just admit you’re failing.

Don’t worry

When the economy is rescued by the next Democratic President, they will credit Trump

 

[Marener]

So JD Vance was asked about the weak jobs report and the climbing unemployment and says that it's actually a sign of strength because high unemployment really just means that people who had left the labor force are coming back.



The problem? Labor force participation rate isn't going up. In fact, it's down a little this year.

Labor Force Participation Rate

View data of the percentage of the total U.S. population that is neither employed nor actively seeking work.

fred.stlouisfed.org

JD Vance acts all cocky and arrogant when asked these questions, but he just lies.

 

[Hafar1014]

Don’t worry

When the economy is rescued by the next Democratic President, they will credit Trump

LIke Carter, Biden and Obama right.
Dont expect to see a democrat in the White House for many years

 

[rightwinger]

LIke Carter, Biden and Obama right.
Dont expect to see a democrat in the White House for many years

Voters are very fickle and have a “throw the bum out” mentality
They are not too patient with a bad economy

 

[sartre play]

Gas prices jump up and down

Yesterday the local station price was $2.11. A few days before it was $2.05

But its just my bad luck thst its $2.66 today, which I didnt expect

Should have expected it, Raise of cost, money to be made on people traveling for the Christmas holidays.

 

[Mac-7]

Should have expected it, Raise of cost, money to be made on people traveling for the Christmas holidays.

In my experience that assumes a monopoly power that does not exist in the gas market

Speculators drive prices not retailers