We’re not even 5 months past Liberation Day and already:
- Job market has completely collapsed.
- We are in a recession.
- Inflation is surging.
- Our exports are collapsing as the world is boycotting us.
- We don’t have a single actual trade deal in effect.
Why did we do this…
It’s a jobs recession. Payroll employment declined in June, and while it was up in July and August, the increases were on the margin and seem likely to be revised away. The goods side of the economy, including manufacturing, mining, and construction, is losing a significant…
Boomers are the wealthiest generation in history. They live in homes they bought for three nickels. They extract $40k from the youth every year in welfare, and they already saddled our generation with $37T in debt. Now they want to get rid of the only tax they have left.
Boomers are the wealthiest generation in history. They live in homes they bought for three nickels. They extract $40k from the youth every year in welfare, and they already saddled our generation with $37T in debt. Now they want to get rid of the only tax they have left.
ProPublica looked into Trump’s cabinet and found three members who claimed multiple properties as a primary residence, the same accusation made against Fed governor Lisa Cook.
How stupid is this?
Hyundai is building an $8 billion factory in Georgia, and ICE is imprisoning company staff who are on business trips from South Korea.
So much for investing in manufacturing!
The labor market is going from frozen to cracking.
Look at how many industries have LOST jobs in the past 3 months.
Mining -13,000
Construction -10,000
Manufacturing -31,000
Information -15,000
Business/Professional -51,000
Federal gov't -34,000
Finance 0 job gains
The US job…
Sen. Bill Cassidy: "Do you agree with me that President Trump deserves a Nobel Prize for Operation Warp Speed?"
RFK: "Absolutely."
Sen. Bill Cassidy: "But you just told Sen. Bennet that the Covid vaccine killed more people than Covid?"
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