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Pathetic 22k jobs created. Revisions to prior month shows net job losses. Unemployment ticks up

Integrityrespec said:
When the democrats stop trying to stand in the way of progress, the democrat judges stop obstructing progress, and when the fed finally drops rates, we will see a substantial rise in all areas of the economy. This is how the democrats operate, obstruction and lies are the point of their spear when trying to maintain or gain power.
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You confuse progress with going backwards.
 
Visbek said:
Based on your previous comments, I assume the "puppet in chief" is Biden. And yet, you took umbrage because... I said you were blaming Biden for today's economic problems? :LOL:

Anyway. You clearly don't understand macroeconomics or fiscal policy. To wit: Biden's big spending was basically over by the end of 2021, and he didn't cut taxes. Thus, it makes no sense whatsoever to suggest he was still somehow "propping up the economy" 3 years later.


How convenient. :LOL:

Are you saying Biden should have significantly raised taxes on the wealthy?

Or are you going to insist he cut something, without bothering to say what he should cut, and doing the math to see the impacts?


:LOL:

No, $36 trillion is not a "tipping point." And one of the reasons why Moody's lowered its rating is because... wait for it... they know Trump isn't going to reduce the debt.


Or, someone who actually understands how federal debt and the US economy works.

The only way the US could borrow $36 trillion is if people are willing to lend $36 trillion to the federal government. No one is being forced to buy T-Bills at gunpoint, and the rates are pretty low. I.e. it's not crowding out any investment, and it's not a drag on the economy.


:LOL:

I hate to break this to you, but the reason why nations trade is because trade is mutually beneficial. Americans are not well served by paying 5x more for socks and plastic cups, solely because they were made in America.


Yeah? Then why is manufacturing output in the US still near record highs?


Or...

1) The US is not an efficient place to make a lot of things. Labor and materials are too expensive.

2) Protectionism doesn't work. If the US pulls back on trade, then other nations are going to stop buying US goods. US exports were $2 trillion in 2024 alone. Wanna guess how many jobs will be lost if that number drops?

3) The US is the most entrepreneurial nation in the world. Offshoring facilitates that, not impedes it.


How? By pissing off our closest allies? Driving India closer to China?

How does a 39% tariff on Switzerland help domestic security?

How does pissing off Canada help domestic security?

How does increasing taxes help domestic security?


That has nothing to do with tariffs or trade. And no, levying tariffs certainly does not guarantee either an increase in quality, or a reduction in consumerism.


...and yet more ad hoc nonsense.

There is no magic to US-made HVACs. In fact, foreign-made goods are often equal or better quality than ones made in the US. And when tariffs significantly increase prices, do you think people will pay MORE for quality? No, they will buy the cheapest unit they can.

You blasted Powell for allegedly causing inflation in 2024. Now you're saying that higher prices for goods is a GOOD thing?

I also have to say, Trump has thrown out dozens of excuses for his tariffs -- and reducing consumerism is NOT one of them.

Anyway. Yet again, there is no "reset." Trumpie's Tariffs will not change the US for the better. Debt will increase, not fall. Manufacturing is shrinking, not growing. They are already making the US weaker, more isolated, less influential, more unequal, and poorer.
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In a nutshell, you will be proven wrong if we can stick to it
 
CaughtInThe said:
Wow, this Republican (good job Florida voters) found new ways to look like a total idiot.

Here's what he's saying/insinuating (without even realizing it)...
  • If the numbers are good he'll believe them
  • If they're bad he's gonna look at the number crunchers
  • Numbers benefit the left (he's too dumb to realize he just said that truth benefits the left)

****ing moron.



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We're *this* close to Repubs claiming that math is a librul conspiracy. They've already done it with science.
 
phoenix2020 said:
So far I would rank the “but Democrats!”by @dmpi slightly above the one by @hecatmoggie, the latter being particularly lazy. Obviously the “but Democrats” by @Logophile brings up the rear although his victimhood tinge adds some flavor. Overall I’d like to see more name-calling.

It would be good for the media to issue some consistent talking points since right now our forum MAGA are all over the place, pointing fingers at everything from Joe Biden to AI to the Fed. It’s a mess and Donald would be embarrassed to see such an uncoordinated scramble. Instead, so far the defense of Donald’s honor looks a lot our army parade: slow, boring with soldiers marching out of step.

Sad.
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I'm offended !

we spent 4 years of watching Biden and his administration blame the previous one

why isn't it fair to do the same now ?
 
ScrambledEggs said:
Biden inherited a shut down economy, COVID, and you also literally couldnt buy toilet paper.
Details/reality matter
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true, an economy shut down by Democrats

Biden handed off a terrible mess - wars, massive debt, porous border, .... its a lot to deal with for sure
 
Visbek said:
Based on your previous comments, I assume the "puppet in chief" is Biden. And yet, you took umbrage because... I said you were blaming Biden for today's economic problems? :LOL:

Anyway. You clearly don't understand macroeconomics or fiscal policy. To wit: Biden's big spending was basically over by the end of 2021, and he didn't cut taxes. Thus, it makes no sense whatsoever to suggest he was still somehow "propping up the economy" 3 years later.
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First of all, US manufacturing is up and will continue to improve WITH TIME in light of the tariffs. The rest of your post is almost immaterial because you're predicating it on a - the past, and b - "economic theories, " of which there's one for every ideology. Economists are generally flimflam folks trying to persuade people that convoluted equations will give way to accurate predictions. By sheer luck one of them is right once in awhile, so everybody globs on to him as a great and wise economic savior, only to have him wrong the next time. As soon as I read words like "macroeconomics," I know what I'm dealing with, which is somebody hooked by a flimflam man.

What drives the economy of the United States is obviously not "money." It is the social priorities of any society that shape wants and needs, and those wants and needs in turn shape the economy. Trump is changing our basic priorities by resurrecting a more insular America. He is putting American business and American families first, hence the tax breaks which Democrats like you don't favor. However, by default, he is slowly removing the encumbrances that kept Americans opting for foreign manufacture over our own, and more importantly, letting tariffs reshape the importance and value of "Made in America." There are a multitude of benefits for it, but one of the biggies is the deficit which will - in time - be paid down by virtue of taxing all the imported junk, so that we eventually opt for quality, pride and business accountability right here at home.

Two weeks ago, there was Walmart recall of shrimp. It was - of all things - radioactive, because it had been on a tanker that was also hauling some toxic crap. And it came here. We have our own shrimp. We can also raise our own shrimp on shrimp farms. We don't need radioactive shrimp. We don't need high polluting tankers headed here packed with junk. That's the America that Trump perhaps inadvertently, but is definitely encouraging.

There is no substitute for basic math, btw. What you owe, you have to pay back or nobody will lend you money anymore. Interest on loaned money makes that loan very expensive the longer the loan remains outstanding. We know this to be true, so there's no getting through all our past "drunken sailor" spending without a hangover. We're in for it but we need to take responsibility instead of whining like babies.

We are in a multi-phased process, and the first, is to recalibrate what we need and want by valuing what we have right here at home. If that means less foreign purchases, okay. We're creating more opportunities here in the voids. The second is to pay down debt. The third is to get out from under proxy wars or any wars that do not pose a direct threat to us. I know there's a lot of foreign griping, but we are not the world's dumping ground for trinkets, and we are not the world's policemen. For those that claim we need our friends, sure, but we also have a very fine military with a huge budget, so we can afford to look after ourselves for a change. In the mean time, we will definitely have to become more discerning about what we buy, but we will also have help in that the tariffs will bring with them more reciprocal and fairer trade practices for any stuff we can't do without. But it all takes time. It's not gonna happen overnight
 
CaughtInThe said:
And that fake TV show fooled a bunch of dumbasses.
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I never understood why so many people got into “reality” TV. When I was in college, I saw part of an episode of “Survivor” and thought it was one of the dumbest things I’d ever seen. Also, while channel-surfing, I came upon an episode of “The Apprentice” and lost interest after a few minutes.

Mark
 
markdc said:
I never understood why so many people got into “reality” TV. When I was in college, I saw part of an episode of “Survivor” and thought it was one of the dumbest things I’d ever seen. Also, while channel-surfing, I came upon an episode of “The Apprentice” and lost interest after a few minutes.

Mark
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I have never once watched a reality show.
 
trixare4kids said:
FYI, Canada lost 66,000 jobs in August 2025, according to Statistics Canada. The unemployment rate rose to 7.1%, the highest since August 2021.

Canada Unemployment Rate | Trading Economics

Unemployment Rate in Canada increased to 7.10 percent in August from 6.90 percent in July of 2025. This page provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
tradingeconomics.com tradingeconomics.com
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So what's the purpose of these tariffs against Canada, an attempt by the US to cut off its finger in order to chop off Canada's arm?
 
Napoleon said:
We’re starting to enter a period of AI takeover. Companies are getting rid of their entry level employees and replacing them with AI tools. There needs to be discussion of what job numbers mean, if anything, as a broader economic indicator in that context.
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ALWAYSSSSSSSSSSSSSSss an excuse
 
dmpi said:
As long as corporate profitability remains high and revenue/sales volume is still growing then cutting back on jobs is the right thing to do. Biden's era of unlimited stimulus money and DEI free passes are over. Face it. America (Biden and the Democrats) over hired and produced fake do-nothing jobs. Look at all the pretend government jobs canned without great repercussions. Trump did the right thing with kicking out the illegals because real Americans will be needing those jobs. MAGA means running mean and lean and every worker is a productive worker. That's how you compete with the rest of the world.
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LOL
 
Napoleon said:
The idea that expansion necessarily involves human workers is problematic as we enter the era of AI. Not only do companies no longer need their current entry level employees; they don’t need to create new entry level positions either. What represents economic contraction or growth is no longer a simple matter of reading the tea leaves that are job numbers.
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If we hired 140k workers last month you wouldnt be saying shit about ai.
Bad faith is bad faith
 
Logophile said:
Warren, Whitehouse and Hickenlooper started that back a year ago and wrote a letter to Powell. Warren accused Powell of endangering the US economy if he didn't drop the interest rate by 75 basis points. Recently, there's been inroads like this:

President Donald Trump recently indicated that he wants to eliminate the capital-gains tax on home sales, which would in theory free up more housing inventory. Homeowners who have seen significant home-price appreciation would not take a tax hit if they were to sell.
The senators’ bipartisan bill comes as home prices just hit an all-time high and mortgage rates remain elevated, which has squeezed many first-time home buyers out of the housing market. Buying a house no longer feels like an attainable goal to many Americans, especially younger ones. The typical age of a home buyer hit an all-time high of 63 in 2024, according to the National Association of Realtors.
The bill was advanced unanimously by the Senate Banking Committee. It’s significant because politicians from both parties are trying to address the issue of housing affordability, Lisa Sturtevant, chief economist at Bright MLS, told MarketWatch.

“In the past, when federal lawmakers talked about ‘affordable housing’ they were referring to subsidized housing for low-income individuals and families,” Sturtevant said. “However, the affordability challenge has moved up the income ladder and more and more Americans are struggling to afford to buy or rent a home.”
As high housing costs burden Americans across the country and across income levels, “elected officials from both sides of the aisle are hearing about those challenges from more of their constituents,” she added.
The bill, called the Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025, seeks to address a critical issue the housing market is facing right now, which is a shortage of homes for sale. Even though supply has been rising sharply, homes are still too expensive for most buyers, and high mortgage rates make affordability even worse.
The bipartisan bill offers an alternative path to homeownership that is meant to bring the housing market out of its funk. Thus far, politicians in D.C. going up to President Donald Trump have called for lower interest rates as the solution that would reignite the housing market.
Lower interest rates, they say, in the form of lower mortgage rates, would encourage more people to buy and sell homes, and unfreeze the housing market.
To be sure, it’s unclear whether lower rates would solve the current affordability crisis or exacerbate it. If borrowing costs go lower and more people jump into the market, home
www.marketwatch.com

Republicans and Democrats are joining forces to fix America’s housing affordability crisis. Here’s what’s in their plan.

A new bipartisan housing bill introduced by Senators Tim Scott and Elizabeth Warren is the latest attempt to address the housing crisis in the nation today.
www.marketwatch.com www.marketwatch.com
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Reducing mortgage interest specifically, right? The article is paywalled.
 
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