Posted on 09/05/2025 1:00:22 PM PDT by Miami Rebel
That said, this is a spectacularly stupid commentary. President Trump just plunked E.J. Antoni of the Heritage Foundation as BLS director. At the time he did so, the President said, "He will ensure that the Numbers released are HONEST and ACCURATE." So Lutnick is telling us to ignore the numbers until he likes them?
Illegals on the run and AI.
Stay tuned.
I’m predicting the Fed will lower interest rates in September and that these employment numbers will be revised substantially upward after that.
Jennifer Bowers Bahney
A leftist hack “journalist” bank it.
I don’t care if she’s the ghost of Vladimir Ilyich Ulyanov.
Learn to discern the difference between the source and the medium. Lutnick said what he said. You got a problem with it? Take it up with him.
No one cares what Mediaite has to say.
As I posted just above your comment....perhaps you missed it....
Learn to discern the difference between the source and the medium. Lutnick said what he said. You got a problem with it? Take it up with him.
Mediaite merely quoted him.
Even with AI, we are still going to need policemen, nurses, etc.
Under your guy there was negative job growth for American born workers they even changed the way jobs where counted. So you might wanna sit this one out
Every time I go into Lowes and Home Depot, I ask how their lumber sales are going. Not so well. They’re still building homes in my county but not at the pace of last year. Part of that is there is apparently much less government funded stuff. Which is good as government funds Section 8 along with the self-funded homes. Overall there appears to be a drop in spending. This is really a problem in car sales. But then, the manufacturers aren’t producing the cars the market needs. A truck I’d have bought for $45k three years ago is anywhere from $55-75k. I saw today some dealers are offering discounts of $20k, but who wants a turbocharged four cylinder with a problematic ten-speed transmission? So, the designs aren’t what people want either. All this means fewer people will be working until the economy resets from the Biden years and that will take a while.
Not my guy, but I’m dying to see your proof.
(As an aside, do you know how many of the new hires reported today are legal or illegal? Trick question: the BLS doesn’t distinguish and never has.)
The FED should not be setting interest rates, period. It is not their job.
Many good points.
An additional point is that for at least the short term, tariffs are wreaking havoc with spending and hiring. Case in point: John Deere. They’re getting hit from two directions. The loss of China as an end market is clobbering soybean farmers.
From the American Soybean Association:
China is the world’s largest soybean buyer, and the competition is nowhere close. Over the last five soybean marketing years, China has imported an average of 61% of the world’s traded soybean supplies, more than the rest of the world combined....
As a result, China currently has zero new crop export orders for U.S. soybeans on the books for MY 2025/26....
Soybeans are the highest dollar agricultural and food product exported from the U.S. Reducing export volumes would widen the ag trade deficit while causing economic contraction across the 30 primary soybean producing states. A trade deal with China to ensure affordable access to U.S. soybeans is more necessary and urgent than ever for farmers’ futures in coming years.
And then there’s Deere’s manufacturing issues:
Last month, John Deere said net income in its most recent quarter was down 29 percent from a year earlier. Higher tariffs, primarily on steel but also on aluminum, have cost the company $300 million so far, with nearly another $300 million expected by the end of the year. This summer the company laid off 238 employees across factories in Illinois and Iowa.
What is their job?
When China cut off imports from Australia, those imports instead went to other Asian countries and were then transshipped to China. The reason China buys US agricultural products is because only 15 percent of their land is usable to produce food. They can’t really, on such short notice, stop buying US food products. They will buy them through other buyers and transship them. It’s all about saving “face.”
Brazil says otherwise.
This is the second day in a row (that I am aware of) that you posted a garbage article from Mediaite. Find better sources if you want to be taken seriously. If you keep posting from Mediaite, folks here will begin to suspect that you’re one of their marketing guys or something.
The jobs market heavily relies on illegal aliens. Just look at the plant in Georgia that got raided by ICE, they were employing HUNDREDS of illegals, imagine if AMERICANS had those jobs..but instead illegals are being employed by these companies
Yeah, no. I see no reason to curate articles to suit your preferences. If the article misrepresents the facts, you have the opportunity in the comments to correct it.
It is a lazy cop-out to kvetch about a source, especially as with the article to which you are now responding. In this case, a cabinet secretary is directly quoted and a two minute clip is provided.
Get rid of tariffs, or Dems will control all 3 branches
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