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re: The economy lost 23k jobs in July
Posted on 8/7/26 at 1:42 pm to ragincajun03
Posted on 8/7/26 at 1:42 pm to ragincajun03
quote:what would be interesting is to see how many of the numbers of people dropping off the unemployed roles were due to deportations. The irony is that Obama was criticized for increasing deportations.
I don't know if that's valid either, but conservatives/Republicans used a similar argument when unemployment rate was declining under the Obama Administration
Number of jobs added or lost is a surrogate for unemployment. Therefore a decrease in unemployment rate and increase in wages is a positive trend.
Posted on 8/7/26 at 2:13 pm to 50_Tiger
quote:
I am trying to figure out what right now Republicans can hang their hat on for the midterms outside of were not Democratic Socialists at least
How about: "while we are in yet another dumbass quagmire in the middle east, at least we have no boots on the ground" ???
Posted on 8/7/26 at 2:14 pm to bbvdd
I wonder then what I'll be in August when summer jobs come to an end for high school and college kids.
Posted on 8/7/26 at 2:23 pm to BugAC
quote:
you coincide that with wage growth that should tell you some things about the economy
Where are people seeing real wage growth? I see wages rising 3.5% over past year so. That is the inflation rate right now. So overall wage growth is flat.
Are people talking about specific industries?
Posted on 8/7/26 at 3:29 pm to Ten Bears
quote:
Cutting the number of government employees is a wonderful thing. But refrain from eating Trump Stroganoff because that’s a far, far cry from cutting government spending.
Less government spending on middle class jobs that actually resonate economically in communities.
Same government spending.
More tax money makes it way into the hands of shareholders of corporations with sweetheart government contracts.
Posted on 8/7/26 at 3:45 pm to bbvdd
Now go look at white collar workers
Posted on 8/7/26 at 3:47 pm to prplhze2000
quote:
Now go look at white collar workers
i.e. "Oh God find some way to spin the badly."
Posted on 8/7/26 at 3:55 pm to bbvdd
Hopefully it’s boomers checking out.
Posted on 8/7/26 at 5:43 pm to 4cubbies
quote:
Good
Why?
How does this positively impact anyone’s life beyond the fleeting dopamine hit after posting a Republican platitude on the internet?
No one will get an extra tax refund because more Americans are unemployed in a shite economy. Why is this good news
Because in my line of work, I deal with a lot of government employees and I see the unbelievable incompetence, the wasteful "jobs", and lack of concern for the work they are supposed to be doing (and I am well aware of how much money they make). There are some very good government employees, but those are probably the ones with actual useful positions who are doing actual work and keeping their jobs.
Posted on 8/7/26 at 5:45 pm to Powerman
quote:
Good
And yet the needle doesn't move on spending. Not the win you think it is
Government is bloated and wasteful for the most part from what I see, so I think eliminating wasteful positions is a win (which is probably what this is for the most part).
This post was edited on 8/7/26 at 5:57 pm
Posted on 8/7/26 at 6:06 pm to bbvdd
Have no problem with the right-sizing of the government sinecure industry…
Posted on 8/7/26 at 6:10 pm to 50_Tiger
quote:
I am trying to figure out what right now Republicans can hang their hat on for the midterms outside of were not Democratic Socialists at least
I’m told Trump ended 8 wars
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