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Halls of Shrewd'm / US Policy
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Author: Dope1   😊 😞
Number: of 55803 
Subject: Re: the new BLS person pays off
Date: 09/09/2025 12:05 PM
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The causes of the current drop are well understood and documented. The continued move to outsourcing and AI would have happened regardless of policy. OTOH, the changes due to tariffs and immigration policy were entirely preventable. Trump has said his policies are important enough, a recession is an acceptable outcome.

We were told by the media and the Biden administration that the jobs market was strong and healthy. That was clearly not true:

https://www.cnbc.com/2025/09/09/jobs-report-revisi...

Even CNBC has to say it
Most of the time span for the report came before President Donald Trump took office, indicating the jobs picture was deteriorating before he began levying tariffs against U.S. trading partners.

That's a total of 2 million jobs over the last 2 years of the Biden admin wiped away.
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