Economics Thread

Remember when you said he’d do nothing. No deportations and all. Your takes just become stupid with hm while smart in all other areas.
He’s not even all that effective at doing deportations, he just made a big spectacle of it that has dominated the news and spent a bunch of money for his goon force.
 
America’s unemployment rate is low. But so is its job growth. That means Americans without stable, full-time work are locked out of a job market that has settled into a low-hire, low-fire stasis.

Job data released this week shows that the U.S. entered the new year with an unemployment rate of 4.4%, after the lowest monthly pace of job gains outside a recession since 2003. People without jobs are enduring longer searches, and millions of people are stringing together multiple gigs to get by.

Last month, more than 5.3 million Americans were working part time because they couldn’t get more work. Though the number was down from November, the year ended with about 3.1% of the U.S. labor force stuck in these part-time jobs, up from 2.6% 12 months earlier.

For those out of work, the median unemployment time reached 11.4 weeks in December, the highest level since December 2021. And job seekers who have been out of work for 27 weeks or more now make up 26% of all unemployed workers, up from 22% a year ago.

“It’s not a robust job market by any means,” said Mike Taiano, vice president of the financial institutions group at Moody’s Ratings. “It looks like a stagnated labor market.”

 
My biggest prediction that I was mocked endlessly for by you and garmel was that Trump would be a socialist and MAGA would cheer for it.

Give me my due, would ya?
Is he for unfettered capitalism with suffering at the bottom. Absolutely not but I haven’t been that ever even pre trump not sure what the big gotcha is here.

We are seeing incredible expansion of the economy after a multiple year recession. You’re power about this too
 
Is he for unfettered capitalism with suffering at the bottom. Absolutely not but I haven’t been that ever even pre trump not sure what the big gotcha is here.

We are seeing incredible expansion of the economy after a multiple year recession. You’re power about this too
Its not a gotcha. It was a prediction that Trump would usher in socialist policies that no republican ever could get away with

Its ok to say I was right. Youre on the fence about about cheering for interest rate caps, and after another week of him pushing for it you will be firmly in favor
 
Its not a gotcha. It was a prediction that Trump would usher in socialist policies that no republican ever could get away with

Its ok to say I was right. Youre on the fence about about cheering for interest rate caps, and after another week of him pushing for it you will be firmly in favor
It’ll just be common sense, really. You Luddite.
 
Its not a gotcha. It was a prediction that Trump would usher in socialist policies that no republican ever could get away with

Its ok to say I was right. Youre on the fence about about cheering for interest rate caps, and after another week of him pushing for it you will be firmly in favor
Are you saying in just started supporting these types of policies?

People are cheering interest rate caps which I don’t get. Just will lead to less credit extended so think this will be a policy that isn’t extended long term
 
Back
Top