9 minutes ago, bkk6060 said:

But, all this will just create a huge buying opportunity for investors.  

LOL.... yeah.... we should all be grateful that the rich have an opportunity to get richer while the economically disadvantaged.... are left only with cake leftovers with plenty of time to savor them.

10 minutes ago, bkk6060 said:

But, all this will just create a huge buying opportunity for investors.  

 

 

"Please Sir, may I have some your capital gains so I can eat?"

 

 

46 minutes ago, Wingate said:

The new revised June 2025 number is -13,000.

 

Clearly Joe Biden's 'fault'.

 

People are saying.

22 minutes ago, bkk6060 said:

Any halfwit with economic knowledge realizes recessions are a real, inevitable thing.  Would not be surprised if early next year a big downturn occurs.  But, all this will just create a huge buying opportunity for investors.  

Sweet lemon, eh?

 

Wasn't Trump the guy who claimed the Biden Economy was a disaster (best GDP growth since the late 1990s and best job grow ever, including a record # of months with UE < 4% in 64 years), and that only Trump could fix it?

 

How does "fix it" involve a Recession? That's like calling yourself a "self-made" successful businessman, when you got a massive allowance, your father co-signed all of your loans, you declared 6 bankruptcies, and only began filing positive income tax returns after someone else turned you into a Game Show host.

 

While Recessions are inevitable, it's an interesting historical note that not a single Republican President ever has NOT presided over the start of a Recession. Not even one.

 

Democrats, OTOH, have a few Presidents who never presided over the start of one.

37 minutes ago, bkk6060 said:

Any halfwit with economic knowledge realizes recessions are a real, inevitable thing.  Would not be surprised if early next year a big downturn occurs.  But, all this will just create a huge buying opportunity for investors.  

Everyone knows that floods are also a real inevitable thing. But there are things you can do to mitigate the problem and things you can do to exacerbate the problem. The same goes from the economy. So what's your point?

43 minutes ago, bamnutsak said:

 

Do you know what "crapshoot" means?

 

The process used to date, since 1948, involved trying to accumulate a lot of data (from private and public sources) and analyzing it with long-evolved computer programs.

 

Could you replace this process with a monkey throwing a dart? Sure.

 

Try that for 67 years and get back to us.

Then why are they so wrong so often?

45 minutes ago, HappyExpat57 said:

Then why are they so wrong so often?

 

"Sir, this is a Wendy's."

 

Econ 101 is down the hall...

 

and it's not my job to edumacate you.

 

 

1 minute ago, bamnutsak said:

 

"Sir, this is a Wendy's."

 

Econ 101 is down the hall...

 

and it's not my job to edumacate you.

 

You tried and failed to "edumacate." US economic projections are often wrong because the economy is influenced by unpredictable human behavior, such as irrational decision-making and herd mentality (of which you are obviously a card-carrying member), making it difficult to model accurately.

 

BTW, "crap shoot" as two words is perfectly acceptable. Logic 101 is down the hall...

Just now, HappyExpat57 said:

You tried and failed to "edumacate.

 

Again, for those in the back "Not my job".

 

 

13 minutes ago, bamnutsak said:

 

Again, for those in the back "Not my job".

 

 

 Thank gawd for small favors, you wouldn't be any good at it.

5 minutes ago, HappyExpat57 said:

 Thank gawd for small favors, you wouldn't be any good at it.

 

Well, all your previous teachers failed.

 

And you're welcome

 

 

1 minute ago, bamnutsak said:

 

Well, all your previous teachers failed.

 

And you're welcome

You should go work for the White House. They're really good at blathering garbage confidently, you'd fit right in.

2 hours ago, Wingate said:

Wasn't Trump the guy who claimed the Biden Economy was a disaster (best GDP growth since the late 1990s and best job grow ever, including a record # of months with UE < 4% in 64 years), and that only Trump could fix it?

May 4, 2025

 

KRISTEN WELKER:

When does it become the Trump economy?                               

PRES. DONALD TRUMP:

It partially is right now. And I really mean this. I think the good parts are the Trump economy and the bad parts are the Biden economy because he’s done a terrible job. He did a terrible job on everything ...

 

https://www.nbcnews.com/politics/trump-administration/read-full-transcript-president-donald-trump-interviewed-meet-press-mod-rcna203514

The writing's on the wall and these numbers don't lie. The US economy is in a precarious situation, and it's all down to one person.

 

Trump’s economy problem is threatening his entire agenda

https://edition.cnn.com/2025/09/05/politics/economy-jobs-report-trump-agenda

 

"Preliminary numbers show just 22,000 jobs added in August, a very low number for an economy that generally needs to create about 100,000 jobs every month to keep up with population growth.
Revisions in other months mean the economy has created only an estimated 107,000 jobs over the last four months combined. Apart from recessions and their aftermaths, those are the worst numbers in decades.
June’s jobs numbers were revised into negative territory (13,000 jobs lost), making it the first negative month since December 2020.
Despite Trump’s promises of his tariffs revitalizing U.S. manufacturing boom, that industry has now lost 78,000 jobs this year."

 

 

 

4 hours ago, bamnutsak said:

 

Clearly Joe Biden's 'fault'.

 

People are saying.

Yeah, about that.....

 

https://x.com/the_resistor/status/1964004677386997847

 

 

 

Super-Gov putting things into perspective.

 

 

5 hours ago, HappyExpat57 said:

In all fairness, aren't the projections just a crap shoot? Sure, there are numbers/statistics/trends you can study, but a crystal ball or flipped coin will probably have just as good a chance at projecting successfully.

Actually, it's far from a crapshoot. Generally, the revisions are minor, albeit important. The second revision comes two months after the initial announcement, so it is based on much more complete data.

 

Sometimes it does look bad, such as the initial June number of +146,000. That was revised down to +14,000 in August, but further reduced to -13,000 Friday.

 

Trump touted the June number, initially, despite it being well below the average jog gains under Biden, but now there is nothing left to trumpet. Jobs were lost in June.

 

Trump claimed "only I" can improve the economy and bring down grocery prices. Instead, job growth is anemic or negative, and grocery prices continue to climb.

 

Hey, but Trump and his son's are grifting and making big money, and isn't that what's really most important? The people exist for Trump's benefit, to be used or abused according to his whims or mood or degree of vindictiveness.

Even the spinners at Fox can't put a positive twist on this one.

BTW, where are all the usual Trump apologists?😄

 

Even Fox Is Struggling to Spin Trump’s Terrible Jobs Report

https://newrepublic.com/post/200035/even-fox-struggling-spin-trump-terrible-jobs-report

 

"“Twenty-two thousand jobs added in the month of August, that was much less than the expectation of 75,000, guys; the July number was revised, I will get to the revisions in a moment,” said Fox Business’s Lauren Simonetti on Friday morning. “Unemployment rate coming in as expected, 4.3 percent.… Again, 22,000 jobs added in August.… For June and July together, combined 21,000 jobs lower than previously reported.” “But again, that 22,000 number, Charles, it’s a weaker than expected number, and these revisions are pretty brutal,” Fox Business host Cheryl Casone said."

Rising unemployment, falling consumer sentiment, rising prices, tax/tariff TACO fiasco.

The "r"- word being whispered more and more.

 

US unemployment rate near 4-year high as labor market hits stall speed

https://www.reuters.com/business/us-unemployment-rate-near-4-year-high-labor-market-hits-stall-speed-2025-09-05

 

"U.S. job growth weakened sharply in August and the unemployment rate increased to nearly a four-year high of 4.3%, confirming that labor market conditions were softening and sealing the case for a Federal Reserve interest rate cut later this month.
The Labor Department's closely watched employment report on Friday also showed the economy lost jobs in June for the first time in four and a half years, fanning fears of economic stagnation. Job growth has slowed since April, with economists blaming President Donald Trump's policies, mainly tariffs on imports, an immigration crackdown and mass firings of public workers.

"The economy is skating as close to the edge of recession as you can get," said Christopher Rupkey, chief economist at FWDBONDS. "Companies are clearly hunkering down and refusing to hire and the blame can be traced back to Washington's economic agenda."

 

 

Bring back manufacturing! 

 

https://www.politifact.com/truth-o-meter/promises/trumpometer/promise/1435/bring-back-manufacturing/

Trump Invokes Epstein Crisis to Distract From Jobs Slump 🤣

 

https://www.yahoo.com/news/articles/trump-invokes-epstein-crisis-distract-152449081.html

 

 

On 9/5/2025 at 5:53 PM, Yagoda said:

Government jobs down. Illegal workers down. Shift in the work force, this is to be expected. 

 

Wonder how the market will react?

 

When you close down marijuana farms where illegal trafficed children are enslaved, of course you will get changes in numbers.

Yes, how will the markets react.

 

US stocks have become expensive. Technical indicators show that the upward momentum is slowing. The economy showing sighns of "slowing down". Much of the recent strenght is based on the miracles that AI is supposed to deliver soon.

 

But lo and behold: The markets had a good run, therefore the temptation to realise (partial) profits becomes greater by the day. Even if only 20%  of "paper-profits" should be cashed in, it would weigh heavily on stock prices. At some point, somebody may even yell "fire" and everybody wanting to head for the exit at the same time. It has happened before.

 

18 minutes ago, swissie said:

US stocks have become expensive. Technical indicators show that the upward momentum is slowing. The economy showing sighns of "slowing down". Much of the recent strenght is based on the miracles that AI is supposed to deliver soon.

Thats the mantra for the past 6 months. Like sea level rise and ice ages

On 9/5/2025 at 10:02 PM, BLMFem said:

 

...

 

 

Looking fit as ever.  At least he has the name tag.  Makes him easier to find if he gets lost.

 

https://www.msn.com/en-gb/news/world/donald-trump-cant-even-tie-his-own-shoes-as-his-health-is-too-far-gone/ar-AA1I8Vqz

 

 

Quote

Donald Trump's niece, Mary Trump, has taken a sharp jab at her uncle, claiming he "can't tie his own shoes," amid growing concerns over Trump's health. Mary Trump, a psychologist and the daughter of Donald's elder brother, Fred Trump Jr, slammed the president's "reign of idiocy" on her YouTube programme, Trump Trolls Trump.

...

 

"Now, Donald is good at very, very few things but I'm going to give him credit for something," she conceded. "He has an actually quite decent ability to mix cognitive decline with narcissism. I mean that's a twofer," she said, as reported by the Irish Star.

 

"Every time it is a 10 out of 10 for his performance in being a moron," Mary highlighted. She carried on with her scathing critique of the president, spotlighting one of his latest embarrassing blunders.

 

Following his visit to a new immigration detention centre in Florida, dubbed "Alligator Alcatraz", the president was asked twice about the length of time detainees would be held there. In response to the question, Trump went off on a tangent, discussing his fondness for Florida, the decor of the Oval Office, and taxes in New York, before saying, "I'll be here as much as I can, very nice question."

 

Mary expressed her frustration, saying, "The question, you idiot, wasn't do you like Florida?". She argued that Trump couldn't provide an answer because he didn't have one.

 

9 minutes ago, Yagoda said:

Thats the mantra for the past 6 months. Like sea level rise and ice ages

The other mantra is: Stocks can only go up.

 

PS: Sea level rise and ice age are not compatible. It should read: Sea level rise and a new "warm age".

5 minutes ago, swissie said:

PS: Sea level rise and ice age are not compatible. It should read: Sea level rise and a new "warm age".

You arent old enough. It used to be a new Ice Age until that didnt work....

On 9/6/2025 at 1:17 AM, Celsius said:

Canada lost 66k jobs and currency tanked another 1% against thai baht

 

A toilet peso currency

Do you have the link for that ? After all you are claiming that it is true so you should be able to back it up with facts, figures and a link.

15 minutes ago, billd766 said:

Do you have the link for that ? After all you are claiming that it is true so you should be able to back it up with facts, figures and a link.

 

A link? It would take less time to Google it yourself than write this drivel. 

 

Last 2 months over 100,000 jobs lost.

 

Here genius

 

A weekly exchange chart 

 

And a jobs report

 

https://ca.finance.yahoo.com/news/canadas-economy-lost-66k-jobs-in-august-adding-to-boc-pressure-to-stem-the-bleeding-in-the-economy-140014453.html

 

 

66,000 jobs lost in August, and 41,000 jobs lost in July.....for a total of 107,000 jobs lost in 2 months. straight from a liberal mouthpiece 

 

 

https://www.cbc.ca/news/business/canadian-economy-bled-66-000-jobs-in-august-as-unemployment-rate-at-its-highest-since-pandemic-days-1.7625918

 

Posts with derogatory nicknames, intentional misspellings, or personal remarks will be removed. Spell names correctly for all sides of the debate.

11 minutes ago, Celsius said:

 

A link? It would take less time to Google it yourself than write this drivel. 

 

Last 2 months over 100,000 jobs lost.

So whilst you were busy looking at Canada and its job losses, did you forget to save the link and the report.

 

I probably could do an internet search and perhaps even find it myself. it is YOUR claim and YOUR responsibility to post a link from a credible news source.

 

Of course if you cannot find it, then your claim about Canada's job losses can best be decided with your own word, "Drivel".