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re: The economy lost 23k jobs in July

Posted on 8/7/26 at 1:42 pm to
Posted by NorCali
Member since Feb 2015
1811 posts
Posted on 8/7/26 at 1:42 pm to
quote:

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
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.
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 by JimEverett
Member since May 2020
2584 posts
Posted on 8/7/26 at 2:13 pm to
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 by leeman101
Huntsville, AL
Member since Aug 2020
2742 posts
Posted on 8/7/26 at 2:14 pm to
I wonder then what I'll be in August when summer jobs come to an end for high school and college kids.
Posted by JimEverett
Member since May 2020
2584 posts
Posted on 8/7/26 at 2:23 pm to
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 by wm72
Brooklyn
Member since Mar 2010
9699 posts
Posted on 8/7/26 at 3:29 pm to
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 by prplhze2000
Parts Unknown
Member since Jan 2007
58798 posts
Posted on 8/7/26 at 3:45 pm to
Now go look at white collar workers
Posted by RohanGonzales
Pronoun: Whatever
Member since Apr 2024
12225 posts
Posted on 8/7/26 at 3:47 pm to
quote:

Now go look at white collar workers


i.e. "Oh God find some way to spin the badly."
Posted by back9Tiger
Island Coconut Salesman
Member since Nov 2005
18099 posts
Posted on 8/7/26 at 3:55 pm to
Hopefully it’s boomers checking out.
Posted by Big EZ Tiger
Member since Jul 2010
26955 posts
Posted on 8/7/26 at 5:43 pm to
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 by Big EZ Tiger
Member since Jul 2010
26955 posts
Posted on 8/7/26 at 5:45 pm to
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 by Knight of Old
New Hampshire
Member since Jul 2007
13198 posts
Posted on 8/7/26 at 6:06 pm to
Have no problem with the right-sizing of the government sinecure industry…
Posted by eddieray
Lafayette
Member since Mar 2006
19494 posts
Posted on 8/7/26 at 6:10 pm to
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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