Native born unemployment (Americans born in USA) is at the highest its been in 5 years. According to you and the other boomer MAGAT @cml750 claimed mass deportations would lead to massive job growth. Instead were seeing the economy lose jobs for the first time in a decade lol. You MAGATs were wrong about everything Its just funny how the dumbest posters on this site keep trying to cosplay as anything other idiots.
And you blame deportation for native job losses? Not the high interest rates stifling any economic expansion? Even Jerome Powell himself calls these rates "restrictive."
We had higher interest rates in the biden era and we had more native born job growth and a lower native born unemployment rate. In 2024 when interest rates were higher than they are today we had double the native born job growth. You & @cml750 argured illegal brown people were stealing everyone's jobs and how mass deportations would lead to some great job boom. You were wrong about everything. You have been brainwashed to hate the wrong people.
I just want to make sure we are all on the same page, I'm not trying to talk down to you, but sometimes I wonder if this stuff is totally understood. What do you think the primary reason economists would tell you NOT to lower interest rates during periods of high inflation? And what is the Fed's mandate? It is described as "restrictive" because they are trying to restrict what? (Hint: It isn't Donald Trump's greatness.) Not being "restrictive" would have you spending $20 for a carton of eggs within a year or two. But it'd give Trump some great headlines for a month or two! Also, the Fed's rate was about 19% at the end of stagflation in the 70's. That was necessary to prevent Zimbabwe-fication of the dollar. At the end of Reagan's first term it was right below 12%. It was above 5% for most of the 90's. To paraphrase the AI text photo below, the rate has been higher than the current rate greater than 50% of the time that they've been providing a Federal Funds Rate (started in 1954). To repeat, the current Federal Funds Rate is below the historical average. As in the 70's, if they have to choose between cooling the economy/limiting job growth and going full bore and dealing with out of control inflation, economists who aren't chasing public adoration and living news-cycle to news-cycle will always chose to protect the dollar. Like... that is not a liberal or conservative position. That is Economics 101. Stuff I learned in high school economics. I'm sure you could find a few extreme outliers who would suggest otherwise, but they would be just that - extreme outliers/economic kooks, and generally dismissed by mainstream economists, including those of the vaunted Chicago School and their conservative-friendly trickle down economics.
FIX the immigration system - find a way in which we can get more people into the country (because we need them) and do it legally. Every time we tried to go isolationist, we end up in a World War. DD
Finally !! Even that bastion of contented liberalism the NYT had a guest editorial, which I had ad, other than a 30 second scan yesterday morning , which said something similar. I'll have to read it. "Little dark rhetorical arts" ? Hardly!. Folks should and do vote for the government that does things for them. I remember Milt , moneybags Romney iirc saying Bernie was just trying to "buy " the election by giving folks "free" college and national healthcare etc. The politicians have been giving giving the wealthy things for years so they can get such as tax breaks, subsidies, government contracts etc
We had higher interest rates under biden in 2023 &2024 and we had substantially lower unemployment and more job gains.
