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[Pain] HUGE, self-inflicted Recession incoming due to Trump/Musk

Discussion in 'BBS Hangout: Debate & Discussion' started by SamFisher, Feb 18, 2025.

  1. astros123

    astros123 Member
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    Every day you expose yourself to the entire forum as a low iq troll. Job revisions happen all the time. During trumps first term there were also massive job revisions. The response rate for the employer surveys are lower today than ever before. You have no evidence of some grand conspiracy.

    Even after the revisions the job growth in 2024 is still double than what it is now under Trump you moron
     
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  2. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    She cooked the books to help Biden and hurt Trump... and in so doing, led the Fed to believe the labor market was healthier than it was... and with the Fed's dual mandate (employment + inflation), cooking the books on the employment numbers likely pushed out desperately needed interest rate cuts. Tell the people who just got a mortgage for too high of a rate that McEntarfer did no harm... She inflicted billions, if not trillions, of dollars of damage on the US economy by her dishonest actions. And she torched the integrity of the BLS. Sorry if as a pharmacist, you can't keep up... but this woman should be imprisoned for the economic damage that she caused... middle + working classes hardest hit.


    GOOD DAY
     
  3. astros123

    astros123 Member
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    No evidence of her cooking the books. Zero. Trumps old BLS chair who overlooked the operation has said its impossible to "cook" the book cuz the entire process is decentralized. Negative job revisions happened under trump as well. 2018 had -500k revisions. 2019 was negative as well.

    Again you dumbass cultists can repeat whatever conspiracies you want on X but you have zero evidence. Zero.

    Low iq cult
     
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  4. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    She was only off my 2 million — no errors at all! I’m sure it was a coincidence. How naive must you be? Leaving rates too high is causing severe damage to the US economy. She faked a strong labor market to delay rate cuts and hurt the Trump economy. That’s how these evil liberals think. Millions of people were harmed by her actions. Either she’s shockingly incompetent or she’s a politician actor who seeks to harm the economy because it benefits Democrats.

    by the way, you’re a pharmacist. Not an economist or businessman. I think most people have figured that out by now.

    GOOD DAY
     
  5. astros123

    astros123 Member
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    Here is Trumps former BLS director a life long Republican. "the commissioner does not even see the numbers...until the numbers are completely done and they're loaded and ready to be distributed"



    Nothing but braindead conspiracies from the MAGA cult. No evidence no nothing from the cultists

     
    #1585 astros123, Sep 10, 2025 at 12:08 AM
    Last edited: Sep 10, 2025 at 6:07 AM
  6. TheRealist137

    TheRealist137 Member

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  7. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    LOL, what you're telling me is that McEntarfer had no visibility into the numbers? You clearly have no leadership or managerial experience. The Commissioner creates the process. The Commissioner has access to whatever data he/she wants. If the Commissioner is not seeing the data until it's distributed, then there's a severe leadership problem.... which has proven to the be case at the BLS. Bad leadership leads to... massive mistakes and untrustworthy data... and a loss of integrity of the department. McEntarfer looks like a total partisan hack and a weak leader -- she deserved to be fired for such poor performance. She has cost the US economy billions if not trillions of dollars. And if it's proven that she purposefully withheld data to score political points OR influence the Federal Reserve's rate cut decisions, then she should be prosecuted.


    GOOD DAY
     
  8. adoo

    adoo Member

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    Traitor Geroge is publicizing that he lacks the mental capacity to comprehend this simple message by
    the BLS Director appointed by Trump 1.0

     
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  9. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Below is from a daily reader that I receive... The jobs revision (mistake) by the BLS was 50% larger than the biggest ever -- which was 23 years ago. This was political activity on display by McEntarfer... to forestall rate cuts and hurt Trump. In so doing, she hurt millions of Americans who have loans and mortgages. SHAME on liberals for such selfish thinking.


    You might be bad at your job, but I promise you will never be this bad…

    You cannot make this sh*t up: the Bureau of Labor Statistics overstated the total number of jobs created in the US over the past year by 911k (no, really). Honestly, I’m not even sure 420k could have made for a better headline. That’s an average of 76k jobs per month for those of you keeping score at home.

    This is the biggest adjustment by the Bureau since it started keeping track. And to put things in perspective, the modification is more than 50% larger than the second biggest, dating back to the year of our lord 2002.

    And maybe, just maybe, POTUS was justified in firing the head of the Bureau after all…

    Speaking of the White House…

    Soon after the news dropped, Press Secretary Karoline Leavitt was quick to remind the haters “that President Trump was right: Biden’s economy was a disaster and the BLS is broken.”

    J-Poww wasn’t safe either…

    “Much like the BLS has failed the American people, so has Jerome ‘Too Late’ Powell – who has officially run out of excuses and must cut the rates now.”

    WTF does it mean for us?

    The news will almost certainly force J-Poww’s hands at next week’s Fed meeting. A deteriorating jobs market is the kinda stuff rate cuts are made of.

    Markets are pricing in a 100% chance of a 25 basis point cut… and the smart money is even starting to think there’s a non-zero chance we get a 50 bip reduction.
     
  10. HP3

    HP3 Member

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    Its so funny watching you dance LOL. Its a tough job being a full time liar huh.
     
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  11. DaDakota

    DaDakota Fight Facism
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    There can be only one reason Trump is destroying this country, he is Putin's b****.

    DD
     
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  12. No Worries

    No Worries Member

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    Trump has made billions since winning his second term. Perhaps he gives zero f*cks about anything else, as long as he keeps getting his coin.
     
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  13. DaDakota

    DaDakota Fight Facism
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    That is true too....he doesn't care about farmers, or anything other than making money and staying out of prison - because he knows he raped 13 year old girls.

    DD
     
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  14. astros123

    astros123 Member
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    5% inflation and a job market that's falling off a cliff.

    Be ready for the recession. Stock up
     
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  15. TheRealist137

    TheRealist137 Member

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    Conoco laid off 3k employees too thanks to tariffs
     
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