Economics Thread

sturg33 said:
Impressive performance

https://twitter.com/x/status/1963968169476821465
Click to expand...

You forgot rule #2. Nothing is Trumps fault. He is a rainmaker. If and when it rains its because he made it. If it doesnt its someone elses fault. Eventually if he has to he will just piss on our leg and tell us its raining. So no matter what happens he will claim to have created 20 million new jobs. And the worse it is the bigger his exageration will be. By election time Trump will be claiming he created 100 million new jobs.....twice.
 
I think the drop in net migration will turn out to have larger and more long-lasting effects on the cost of living than the tariffs. The dirty little secret is that Americans benefit enormously from not just legal immigration but illegal immigration as well. Often the undocumented status of those immigrants allows for a degree of exploitation. Undocumented workers helped hold down prices for childcare, elder care, construction, food and all sorts of personal services.
 
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