Oh gee maybe he won't get re-elected in 2028
Blue Collar Workers Enjoy Biggest Wage Hike in Years Under Trump 2.0
- Thread starter Grokmaster
- Start date
Taichiliberal
Shaken, not stirred!
Grok cracks me up when he gets all flustered by mere facts. First, he lies about what others post, then to back up his BS he uses (wait for it) Trump administration sources (because Cheeto Jeezus and company NEVER takes things out of context or lies or misdirects).
Had the little dummy actually read what I sourced, he would have noted the following:
Trump cited wage growth from Jan. 1 through May 31 this year. As it happens, however, Trump wasn’t president for that entire period; he took office on Jan. 20, so at least some of his claim covered the last three weeks of the Biden administration.
In other words, some of what Trump bragged about was the work of Biden — the strength of whose economy spilled over into Trump’s term. (Trumpworld hasn’t been shy about blaming Biden for economic problems that have bubbled up over the last few months, so it’s a bit churlish of him to deny Biden credit for this.)
Indeed, one important question related to Trump’s claim goes to what he has actually done that would produce wage gains on this scale. The answer is: nothing. The likelihood is that whatever phenomenon is measurable at this point in the year reflects the Biden economy.
“A really strong economy was handed off to the Trump administration,” says Josh Bivens, chief economist at the labor-affiliated Economic Policy Institute, “and so far, it has mostly held.”
In the New York Post podcast, Bessent attributed the purported wage gains to Trump’s “emphasis on manufacturing,” along with “12 or 20 million illegal aliens coming out of the workforce.”
In neither category, however, have Trump policies actually achieved anything solid. Manufacturing output, as measured by the Federal Reserve, fell in three of the first five months of this year, following a powerful gain in December, the last full month of the Biden administration. As of May, U.S. manufacturing is operating at a slightly lower percent of capacity than it was in December.
The Bureau of Labor Statistics says that manufacturing employment fell by 8,000 in May, by 2,000 over the three months ending in May, and by 9,000 over the six months ending in May. If there’s a renaissance in manufacturing jobs attributable to Trump industrial policy, it’s not visible in the official numbers.
Taichiliberal
Shaken, not stirred!
Trump Exaggerates Tariff Revenue
... The Federal Reserve also declined to lower interest rates last week, with its chairman, Jerome Powell, citing “uncertainty” over “tariff inflation.” “Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs because someone has to pay for the tariffs,” Powell said during a June 18 press conference....
Based on the Consumer Price Index, the inflation rate was 2.4% for the 12 months ending in May – which is down from the 3% annualized inflation rate when Trump took office in January. The rate as of May was also only up 0.1 percentage points from the rate of 2.3% in April, suggesting that tariffs have had little impact on inflation and the price of most goods.
(Trump also said on June 18 that there was “a lot of inflation” when he took office, saying there were “four years of the highest inflation in the history of our country” under Biden. Annualized inflation hit 9.1% in June 2022, which wasn’t the “highest” ever, but it had declined considerably before Trump was inaugurated.)
www.factcheck.org/2025/06/trump-exaggerates-tariff-revenue-2/
Guno צְבִי
We fight, We win, Am Yisrael Chai
Taichiliberal
Shaken, not stirred!
Let's see: women are either being permanently damaged or have died thanks to draconian "pro-life" laws in some red states .... American born citizens are being sandbagged by masked "gov't agents" claiming to be ICE, you have an administration that is IGNORING THE RULING OF THE SCOTUS and violating the Constitution.I know....we just have to be thankful that the majority of Americans cherish this country and voted to make things great again...
Now that it's happening, when someone wants to cry and lash out, and attack the President or make it personal, it's our responsibility to guide them get through this difficult time in their life...
(Someone was crying out to the Lord this morning, though...I think we let him take care of that one...)
That's just for starters, but it's all sunshine and roses for you, ehh sweetpea?
Whatever it is you're drinking, I want some!
I provided facts from then US Treasury Dept. , which Tacky is desperately trying to spin in a desperate display of denial.
More madeup nonsense that Tacky cannot backup.
"Factcheck.org"?
A leftist propaganda arm from the leftidiots at Annenberg.
Potential Upsides:
- Positive revisions to first-quarter GDP:
.
The Commerce Department revised the first-quarter GDP figure, indicating a smaller contraction than initially estimated.
- Increased durable goods orders:
.
A surge in new orders for durable goods, particularly transportation equipment, suggests businesses are investing and potentially signaling future growth.
- Decreased trade deficit:
.
The U.S. monthly international trade deficit decreased in April, with exports increasing and imports decreasing.
- Stronger final sales to private domestic purchasers:
.
This key indicator of underlying demand accelerated in the first quarter.
- Revisions to first-quarter GDP:
.
While initially showing a contraction, the latest estimate indicates a smaller decline.
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Taichiliberal
Shaken, not stirred!
I would ask if you're truly this f***ing stupid, but given the evidence, that would a be a rhetorical question. Let me pull apart your blinders wearing propaganda piece by piece:"Factcheck.org"?
A leftist propaganda arm from the leftidiots at Annenberg.
Potential Upsides:
- Positive revisions to first-quarter GDP:
.
The Commerce Department revised the first-quarter GDP figure, indicating a smaller contraction than initially estimated.
- Increased durable goods orders:
.
A surge in new orders for durable goods, particularly transportation equipment, suggests businesses are investing and potentially signaling future growth.
- Decreased trade deficit:
.
The U.S. monthly international trade deficit decreased in April, with exports increasing and imports decreasing.
- Stronger final sales to private domestic purchasers:
.
This key indicator of underlying demand accelerated in the first quarter.
- Revisions to first-quarter GDP:
.
While initially showing a contraction, the latest estimate indicates a smaller decline.
1. From your own link: For the first quarter of 2025, there have been some positive revisions, but the overall picture regarding the final real GDP figure indicates a downward revision.
2. www.marketwatch.com/story/durable-goods-orders-post-biggest-gain-in-11-years-but-it-doesnt-mean-the-economy-is-speeding-up-124444b9 Orders for long-lasting goods skyrocketed 16% in May to mark the biggest increase in 11 years, but the headline number was exaggerated by a flush of new Boeing contracts that masked ongoing weakness in business investment.
3. www.cnbc.com/2025/06/05/big-drop-trade-deficit-inside-us-supply-chain-economy.html?msockid=3c90764fd13262bd1eb9606fd0406315 The data points to greater pain for small businesses.
4. Ahh, but the devil is in the details: www.hubbardobrieneconomics.com/tag/real-final-sales-to-private-domestic-purchasers/
5. From your own link: The first-quarter GDP for 2025 was revised downwards to a 0.5% annualized decrease, a 0.3 percentage point drop from the previous estimate. This downward revision was primarily driven by weaker consumer spending and exports, partially offset by lower imports.
Taichiliberal
Shaken, not stirred!
Okay, and this is when I start wrapping up an attempt to rationally debate Grok ... when he starts rejecting FACTS which have been in ALL news media for weeks and can offer NO fact based rebuttal.
Taichiliberal
Shaken, not stirred!
Actually, Grok does what Maga trolls do best.....offer just a piece of the puzzle while ignoring all else. I gave no "spin" .... I just provided the WHOLE truth of the situation. Grok can't refute such, so he just ignores it.
Cannot refute the facts, so it starts in with the bullshit, in typical demidiot procedure.
Taichiliberal
Shaken, not stirred!
Massive projection on Grok's part, as the chronology of the exchanges shows. So, having reduced him to a typical Maga troll, I leave this fool to his last predictable diatribes, as I don't feed trolls. I'll take him out of the "ignore" bin in a month or so.
Still desperately dancing in hopes that no one will notice your utter failure to refute a single point made regarding rhe biggest pay raise for workers in years....per BOTH the Treasury and Bureau of Labor Statistics.