General Category > Economy/Jobs/Business
The Trump Summer Jobs Stall. Most businesses have stopped new hiring as tariffs add costs and uncert
roamer_1:
--- Quote from: DB on September 09, 2025, 10:58:12 pm ---There are too many votes for sell to ever return to sanity.
--- End quote ---
Probably true. I expect we'll have to learn the hard way. It's coming.
But, OTOH, always hope. Things can turn around on a dime. I'd be happy to see us heading directly away from the cliff before I die.
Hoodat:
--- Quote from: jmyrlefuller on September 09, 2025, 10:07:12 pm --- I said BETTER plans. That's a great plan if you want NEGATIVE double-digit growth. All those trillions in printed money spending are being pumped up into the economy and propping up the growth numbers.
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Uh, no. That's not at all how economics works. Those dollars do nothing but fund government, and government creates zero wealth. Keynesian economic theory had been proven wrong even before it was written. With almost a century of failure, it shock me to see people like yourself still embracing it. Government spending does not create economic prosperity. Instead, it deprives wealth creators of investment capital.
Want a real world example? Look at Argentina. Their growth rate is now higher than ours, all because they reduced government spending.
--- Quote from: jmyrlefuller on September 09, 2025, 10:07:12 pm ---None of that forces the multibillionaires who control everything we say and do to share the stockpiles of wealth they already have.
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Sounds like something one would find posted on DU. Here's a newsflash for you. How did a billionaire like Elon Musk get his money? He created it. He is a wealth creator. The pie grows. Tens of thousands of people now have jobs because Elon did such a phenomenal job of creating wealth.
Contrast that with government. Government creates no wealth. It only confiscates wealth from others, either through taxation, or even worse by printing money which steals value from those holding it.
--- Quote from: jmyrlefuller on September 09, 2025, 10:07:12 pm ---You know what I want? A steady income that affords me a modest house, a wife and a child I can raise in peace. Most of that's out of reach to me and too many others.
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Do you know why it is out of reach? Your money keeps losing value because government keeps printing more of it. Economic growth has fallen far behind the devaluation of the dollar. In 2011, the median home price was $240k (2025 dollars). Today, it is $430k. Your ability to purchase that house has fallen by 45% because government has stolen $25 trillion in wealth through the printing of the money over the last fifteen years. And that $25 trillion that they stole generated zero wealth. Zip. Nada. That's a $25 trillion drain on the US economy, plus all the growth that figure could have generated. THAT is why you can't afford a house. It's not some billionaire's fault. It is your own government that did it to you.
IsailedawayfromFR:
--- Quote from: Timber Rattler on September 06, 2025, 09:23:35 am ---https://www.wsj.com/opinion/august-jobs-report-hiring-donald-trump-tariffs-federal-reserve-23606e84
EXCERPT
Trump's tariff's are starting to bite.
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Ridiculous. Tariffs will lessen jobs in foreign lands, not here.
What is starting to bite is the jobs the illegals have been doing are drying up as the crackdown happens.
And let's not forget this lunacy by California https://www.gopbriefingroom.com/index.php?topic=555332.msg3150364#msg3150364
LMAO:
--- Quote from: IsailedawayfromFR on September 10, 2025, 09:06:29 am ---Ridiculous. Tariffs will lessen jobs in foreign lands, not here.
What is starting to bite is the jobs the illegals have been doing are drying up as the crackdown happens.
And let's not forget this lunacy by California https://www.gopbriefingroom.com/index.php?topic=555332.msg3150364#msg3150364
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Lol!!!
Nonsense
DB:
--- Quote from: IsailedawayfromFR on September 10, 2025, 09:06:29 am ---Ridiculous. Tariffs will lessen jobs in foreign lands, not here.
What is starting to bite is the jobs the illegals have been doing are drying up as the crackdown happens.
And let's not forget this lunacy by California https://www.gopbriefingroom.com/index.php?topic=555332.msg3150364#msg3150364
--- End quote ---
Wrong. It slows down economic activity here and abroad. Less activity, fewer jobs.
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