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Slowdown! ADP Reports an Increase of 107,000 Private Payrolls As Powell Proclaims “No Sugar Tonight” (Why Do We Need Millions Of Illegal Immigrants?)
Confounded Interest ^ | 02/01/2024 | Anthony B. Sanders

Posted on 02/01/2024 4:26:05 PM PST by Kaiser8408a

Slowdown! Bidenomics, based on historic binge spending and Fed sugar, is wearing out as the enormous sugar (stimulus) rush is over.

The hiring slowdown of 2023 spilled into January, and pressure on wages continues to ease. The pay premium for job-switchers shrank to a new low last month.

This report comes after Fed Chair Jerome Powell said “No Sugar Tonight” as in no expected rate cuts. That is, until it becomes obvious that Biden will lose the election, THEN The Fed will start cutting rates like crazy.

An example of the trash that Biden and Democrats are importing from Latin America, Africa and China. Among other sewers. I am sure that employers are lining up to hire this guy. … NOT! Correction: Biden may appoint this creep to his cabinet with the other losers.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Poetry
KEYWORDS:

1 posted on 02/01/2024 4:26:05 PM PST by Kaiser8408a
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To: Kaiser8408a

We don’t need any low or no skilled non-english speaking illegals. They have no place here at all. We are no longer a manufacturing economy. There are no low skill jobs to be had.


2 posted on 02/01/2024 4:32:10 PM PST by Sequoyah101 (Procrastination is just a form of defiance)
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To: Kaiser8408a
CLOWARD & PIVEN, that's why!

Cloward-Piven Strategy (for destroying our Capitalist Republic)

3 posted on 02/01/2024 4:42:41 PM PST by CivilWarBrewing (Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)
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To: Kaiser8408a

(Why Do We Need Millions Of Illegal Immigrants?)


Read about Replacement Theory.

They’re NOT here to pick the veggies or to clean toilets.


4 posted on 02/01/2024 4:49:34 PM PST by Jane Long (What we were told was a conspiracy theory in ‘20 is now fact. Land of the sheep, home of the knaves)
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To: Sequoyah101

See post 4.


5 posted on 02/01/2024 4:49:56 PM PST by Jane Long (What we were told was a conspiracy theory in ‘20 is now fact. Land of the sheep, home of the knaves)
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To: Kaiser8408a

Tomorrow they will come out and say 400,000 jobs were added. Liars.


6 posted on 02/01/2024 4:57:54 PM PST by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: Kaiser8408a
Those immigrants aren't being imported to work here.

They're being imported to expand the nation's customer base.

That's why every industry and government agency is hell-bent on opening this country's borders.

7 posted on 02/01/2024 5:00:20 PM PST by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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To: Kaiser8408a

“no sugar tonight”? Are any of our rulers serious people? It’s an imperative t issue, and yet it gets the cutesy treatment


8 posted on 02/01/2024 5:05:41 PM PST by j.havenfarm (23 years on Free Republic, 12/22/23! More than 8,000 replies and still not shutting up!)
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To: j.havenfarm

my own personal experiences do not indicate slowing inflation


9 posted on 02/01/2024 5:07:51 PM PST by JohnGallt
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To: Kaiser8408a

To vote for FJB!


10 posted on 02/01/2024 5:09:16 PM PST by US_MilitaryRules (#PureBloodlaw enforcement. )
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To: Vermont Lt

“Tomorrow they will come out and say 400,000 jobs were added. Liars.”

$$$$$$$$$$$$$$$$$$$$$$

But that November and December were adjusted downward by 300,000.

“Unexpected.” ™


11 posted on 02/01/2024 5:10:51 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: j.havenfarm

I read the article and nowhere does it show this quote other than a hyperlink that goes to a song by The Guess Who.

What is Confoundedinterest.net? I’ve never heard of it.


12 posted on 02/01/2024 5:15:04 PM PST by MTBobcat (The “rank-and-file” are as corrupted as their leadership.)
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To: MTBobcat

https://www.bls.gov/charts/employment-situation/civilian-employment.htm
December 2019 there were 158.4 million in the labor force
December 2023 there were 161.2 million in the labor force
In 4 years the labor force grew by 2.8 million
But in that time 10+ million illegal immigrants entered the country. So either

1) 2.8 million illegal immigrants have jobs, 7.2 million illegal immigrants don’t have jobs and are living courtesy of the US taxpayer, and jobs in the legal population are unchanged after 4 years, or

2) all the illegal immigrants have jobs and the legal population lost 7.2 million jobs. What am I missing?


13 posted on 02/01/2024 5:56:02 PM PST by brookwood (If we pay $400 billion for Green New BS, do we get a guarantee that the weather will improve? )
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