The Economy

[Lazaran]

Who paid them? Sure wasn’t the other countries. We did… dumb ass. That’s how tariffs work. You act like china wrote a check to the treasury for 20 billion dollars. Price of food has gone up, cars up, gas up, we were supposed to be getting our house painted this month and they told us it would be almost a thousand more than the quote they gave us 3 months ago and they bumped us back until September because of changing paint suppliers due to price restructuring. It is what it is because I would rather get kicked in the nuts than paint so hopefully it happens in September but I am certainly not thrilled.

You should call DonOld and let that corrupt, traitorous, orange POS know the "Executive Order" directing companies to not raise prices is being ignored…



We. Told. Them. So.

 

[BabyBoomer50s]

Have a great No Kings Day weekend folks

 

[MajorRewrite]

Good news!

US labor market adds 147,000 jobs in June while unemployment falls to 4.1%

The unemployment rate has stayed at an impressively low level since December 2021. Graph.

The US economy has created new jobs at the same basic rate since 1940. Remarkable really. Graph.

 

[MajorRewrite]

Here’s an interesting one. You know how it’s said that lots of people hold 2 jobs to make ends meet? Well it turns out that the percentage of people holding more than one job has stayed in the same range since 2002. Between 5% and 5.5%.

 

[heathrowinneo]

just a couple of interesting articles

https://finance.yahoo.com/news/fed-chair-says-high-interest-160326686.html

https://finance.yahoo.com/news/u-dollar-fallen-lowest-value-150626994.html

glad we have a guardrail with the fed.

 

[ChloeTzang]

rotflmao - no idea if its true but makes a great story

 

[Rightguide]

Who paid them? Sure wasn’t the other countries. We did… dumb ass. That’s how tariffs work. You act like china wrote a check to the treasury for 20 billion dollars. Price of food has gone up, cars up, gas up, we were supposed to be getting our house painted this month and they told us it would be almost a thousand more than the quote they gave us 3 months ago and they bumped us back until September because of changing paint suppliers due to price restructuring. It is what it is because I would rather get kicked in the nuts than paint so hopefully it happens in September but I am certainly not thrilled.

You're too stupid for words. Get a business education, then come back to me. Inflation has not gone up due to Trump's tariffs:
https://theweek.com/business/econom...n-trump-housing-growth?utm_source=chatgpt.com

 

[MajorRewrite]

Unusual surge in public education hiring masks broad slowdown

US job growth exceeded expectations in June as an unusual surge in public education employment masked a slowdown in hiring across the rest of the economy.

Private payrolls rose just 74,000 in June, the least since October and largely due to health care. The figures are consistent with sluggish hiring as employers grapple with President Donald Trump’s erratic trade policy and await congressional approval of his signature tax legislation.

 

[Rightguide]

CNN Admits Trump’s Jobs Market Is “Like the Energizer Bunny” That Just Keeps “Going and Going”​

By Jesse Stiller, Daily Caller News Foundation • Jul. 3, 2025


The U.S. economy added 147,000 nonfarm payroll jobs in June, according to Bureau of Labor Statistics (BLS) data published on Thursday. Egan, on “CNN News Central,” noted that both the job creation figure and the unemployment rate came in better than anticipated.

“This jobs market is like the Energizer Bunny. Every single time we expect it to run out of steam, it just keeps going and going. So these new numbers show that the U.S. economy added 147,000 jobs in June,” Egan said. “That was well ahead of the expectation of about 118,000, well ahead of some whispers that we heard on Wall Street of a sub-100,000 number.”

“So this is indeed beating expectations. We were also expecting a slowdown,” he continued. “We did not get that. This is basically in line with May, which was revised higher. It’s also good news.”

Video here: https://thelibertydaily.com/cnn-admits-trumps-jobs-market-is-like-energizer/

 

[Pad_Foot]

TACO’s do not make for a healthy economy
They do help insiders make BIG BUCKS!!

What are we going to sell in Vietnam that makes up for paying 20% ? Who will earn back all that money by selling the same goods from somewhere else. Will they produce them here?? Do they already?? How much did they spend on ‘rump??

 

[MajorRewrite]

CNN Admits Trump’s Jobs Market Is “Like the Energizer Bunny” That Just Keeps “Going and Going”​

By Jesse Stiller, Daily Caller News Foundation • Jul. 3, 2025


The U.S. economy added 147,000 nonfarm payroll jobs in June, according to Bureau of Labor Statistics (BLS) data published on Thursday. Egan, on “CNN News Central,” noted that both the job creation figure and the unemployment rate came in better than anticipated.

“This jobs market is like the Energizer Bunny. Every single time we expect it to run out of steam, it just keeps going and going. So these new numbers show that the U.S. economy added 147,000 jobs in June,” Egan said. “That was well ahead of the expectation of about 118,000, well ahead of some whispers that we heard on Wall Street of a sub-100,000 number.”

“So this is indeed beating expectations. We were also expecting a slowdown,” he continued. “We did not get that. This is basically in line with May, which was revised higher. It’s also good news.”

Video here: https://thelibertydaily.com/cnn-admits-trumps-jobs-market-is-like-energizer/

What’s with your CNN obsession?

It’s nice that the job creation pace has continued from the Biden Administration.

 

[MajorRewrite]

TACO’s do not make for a healthy economy
They do help insiders make BIG BUCKS!!

What are we going to sell in Vietnam that makes up for paying 20% ? Who will earn back all that money by selling the same goods from somewhere else. Will they produce them here?? Do they already?? How much did they spend on ‘rump??

The tariff on sneakers from Vietnam was 20% before the TrumpTariff, and shoes are a big part of our imports from there. There’s no new incentive to make sneakers here.

 

[Pad_Foot]

The tariff on sneakers from Vietnam was 20% before the TrumpTariff, and shoes are a big part of our imports from there. There’s no new incentive to make sneakers here.

Maybe if we created a “slave” class. Give them housing to work in factories? Have them shop in factory stores? Have their working kids use factory schools, close to the factory, paid for by John Q Public
What a great life these AMERIKKKANS show makers could have just to Make Amerikkka Great Again

 

[dmallord]

The tariff on sneakers from Vietnam was 20% before the TrumpTariff, and shoes are a big part of our imports from there. There’s no new incentive to make sneakers here.

Will they make the golden sneakers with the trump logo, now? Or is that still China?

 

[Rockymtnman]

You're too stupid for words. Get a business education, then come back to me. Inflation has not gone up due to Trump's tariffs:
https://theweek.com/business/econom...n-trump-housing-growth?utm_source=chatgpt.com

You never answer the question do you cunt. Prices are rising due to tariffs. Inflation jumped from 2.4 in April to 2.5 in may. Gee I wonder why. Cars have skyrocketed… take one guess as to why? Grocery prices are up may over april. By the way fucknuts. I started a business and ran it very successfully for 27 years before I sold and retired at 52. Bet you didn’t. My degrees are in advertising and an mba in business administration. So tell me what your degrees are in and how long you ran your business?

 

[73Seahawks]

Definitely following this super long thread about the economy very closely with intriguing interest.

 

[ChloeTzang]

There's no peace deals, there's no trade deals.

It's a TV Show.....

 

[ChinoMoreno]

Samsung delays $44 billion Texas chip fab — sources say completion halted because 'there are no customers'

https://www.tomshardware.com/tech-i...pletion-halted-because-there-are-no-customers

 

[ChloeTzang]

I guess Trump has decided negotiations between countries, trade agreements and laws are passe and it's better to just act as a dictator.

This is not going to end well for the USA or the world. Chaos, recession, depression, WW3 is how this one goes unless he's reined in, which seems unlikely - or China and the EU step up and take over as the adults in the room.

 

[MajorRewrite]

Does this sound like a stable genius? “I’ll set my own deals because I set the deals. They don’t set the deal. They’ve been ripping us off for years. I set the deal … we don’t have to sign them. I’m going to be setting the deal.”

In summary, he thinks he’s going to “set the deals”. But not sign them.

And, of course, he’s only able to “set” half of any deal. The other half is the tariff that other nations will impose on us.

 

[icanhelp1]

CNN Admits Trump’s Jobs Market Is “Like the Energizer Bunny” That Just Keeps “Going and Going”​

By Jesse Stiller, Daily Caller News Foundation • Jul. 3, 2025


The U.S. economy added 147,000 nonfarm payroll jobs in June, according to Bureau of Labor Statistics (BLS) data published on Thursday. Egan, on “CNN News Central,” noted that both the job creation figure and the unemployment rate came in better than anticipated.

“This jobs market is like the Energizer Bunny. Every single time we expect it to run out of steam, it just keeps going and going. So these new numbers show that the U.S. economy added 147,000 jobs in June,” Egan said. “That was well ahead of the expectation of about 118,000, well ahead of some whispers that we heard on Wall Street of a sub-100,000 number.”

“So this is indeed beating expectations. We were also expecting a slowdown,” he continued. “We did not get that. This is basically in line with May, which was revised higher. It’s also good news.”

Video here: https://thelibertydaily.com/cnn-admits-trumps-jobs-market-is-like-energizer/

^^^^^^^

A recent survey taken indicated that there would be job losses and a manufacturing slow down. Then there’s this.

 

[heathrowinneo]

when the chickens come home to roost... cutting programs is one thing, cutting taxes is another. between the two of them, there are consequences. the debt level is going higher and the bbb isn't going to help us, it kicked the can down the road for a few years.

the states will also have to play survivor with their populace since the bbb cuts so much from social safety net. states will have decide to either cut one program to fund another such as school lunches and libraries to fund medicaid in their states. or cut medicaid to fund education or vice versa.

https://finance.yahoo.com/news/us-debt-now-37trn-worried-212745718.html

 

[Rightguide]

when the chickens come home to roost... cutting programs is one thing, cutting taxes is another. between the two of them, there are consequences. the debt level is going higher and the bbb isn't going to help us, it kicked the can down the road for a few years.

the states will also have to play survivor with their populace since the bbb cuts so much from social safety net. states will have decide to either cut one program to fund another such as school lunches and libraries to fund medicaid in their states. or cut medicaid to fund education or vice versa.

https://finance.yahoo.com/news/us-debt-now-37trn-worried-212745718.html

To start with the obvious: cutting bloated government programs reduces the need for crushing taxes. Washington is teeming with inefficient, wasteful, and often pointless initiatives that drain resources without delivering results. Eliminating them isn’t cruelty, it’s sanity. The fewer dollars we funnel into bureaucratic black holes, the more capital remains in the hands of working Americans, where it can actually fuel prosperity, innovation, and a higher standard of living.

 

[Rightguide]

^^^^^^^

A recent survey taken indicated that there would be job losses and a manufacturing slow down. Then there’s this.

Trump warned us we'd get tired of all of the winning.

 

[icanhelp1]

To start with the obvious: cutting bloated government programs reduces the need for crushing taxes. Washington is teeming with inefficient, wasteful, and often pointless initiatives that drain resources without delivering results. Eliminating them isn’t cruelty, it’s sanity. The fewer dollars we funnel into bureaucratic black holes, the more capital remains in the hands of working Americans, where it can actually fuel prosperity, innovation, and a higher standard of living.

BBB, I wonder if he means the ‘build back better’ bill?