Post #50521 by wzambon on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (2)

Post Reply | Report Post | Recommend It!

No. of Recommendations: 19

73,000 jobs = last month

35,000 jobs = the average of the last three months with new revisions to previous months.

Just 106,000 jobs in total over these past three months

162,000 jobs = the average of Feb, March, April - pre tariff announcement

385,000 jobs = jobs created per month on average under Joe Biden
What is now clear is that job creation in the US started immediately slowing down after Trump made his “Liberation Day” tariff announcement in early April. We averaged 162,000 jobs created in Trump’s first 3 months. In the months after the tariff announcement it has been 35,000 per month. For comparison Joe Biden averaged about 385,000 jobs created per month, more than ten times the rate of the past 3 Trumpian shitshow months.

https://open.substack.com/pub/simonwdc/p/trumps-sl...

Print the post

Post Reply | Report Post | Recommend It!

No. of Recommendations: 8

I would have been surprised if the projections for growth were accurate. Now that the numbers are out, this is pretty much what I expected. The Felon's economic policies are a disaster. Neither he, nor any of his advisers, has a clue about economics. Evidently.

I will be very surprised if we don't get a recession. Maybe even a depression with soup-kitchen lines before this is over.

Print the post

Post New

Unthreaded | Threaded | Whole Thread (2)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.