Only 37k jobs created in dismal ADP May jobs report

Well it has been in the news here Tourist industry is down something like 45% in the Niagara falls and Buffalo area and they don't expect it to get any better this year.
Canadians just don't know what to think and don't think it is safe to come to the US any more not even for a one day shopping trip like they use to.
They're avoiding Fla. for the summer and flying directly to Mexico.
 
The stock market is still a bear market. It has recovered a lot, but I believe that is the recovery before the huge drop.
The market has already factored in trump. We'll see the roller coaster for sure, but I don't believe there will be a massive dip unless trump does something incredibly stupid...like start a war.

Last week he announced a halt of all ethane exports to China in retaliation for their rare earth material move.

I have stock in two of the largest pipeline companies in the nation, and their share price barely budged.
 

US trade deficit narrowed significantly amid Trump's tariff escalation​

So far, key measures of the economy have largely defied fears of a downturn. The unemployment rate stands at a historically low level and job growth remains robust, though it has slowed from previous highs. In recent months, inflation has cooled, reaching its lowest level since 2021.
Tariffs haven't hit yet. Supply chain shortages haven't been realized yet. China isn't exporting to the U.S, so of course our imports are down.
 
Trump is hiring back federal employees he previously fired probably to prop up his anemic job creation numbers.


 
Trump is hiring back federal employees he previously fired probably to prop up his anemic job creation numbers.


No doubt at higher expense and loss of productivity. Inefficiency is a waste of taxpayer money.
 
Agreed, mass firing of federal employees, only to hire them back three months later when job creation numbers are looking anemic, introduces chaos, uncertainty, and inefficiency into important government functions.
Agreed. Add to this it causes American voters to lose trust in their leaders to know what the fuck they are doing. Trump 47 is proving to be the Biggest Loser of presidential administrations.

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1749325122216.png1749325144765.pngFive members of the right-wing extremist group the Proud Boys who stormed the U.S. Capitol during the Jan. 6 insurrection are suing the government. Only in Amerikkka does white men and white women put up with shit like this.
 

US trade deficit narrowed significantly amid Trump's tariff escalation​

So far, key measures of the economy have largely defied fears of a downturn. The unemployment rate stands at a historically low level and job growth remains robust, though it has slowed from previous highs. In recent months, inflation has cooled, reaching its lowest level since 2021.
Uh, duh, the status quo is still in place....meanwhile all major countries that deal with us, ALL ARE HOLDING MEETINGS WITHOUT THE US TO END THEIR DEPENDENCE WITH US....stop being so gotdamn stupid, the world sooner or later is leave this nation in the dust and its coming and nothing will be able to reverse the carnage, nothing
 
Agreed. Add to this it causes American voters to lose trust in their leaders to know what the fuck they are doing. Trump 47 is proving to be the Biggest Loser of presidential administrations.

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You know this is photoshopped because these two do not like each other enough to be this close.
 
You don't agree that racist pricks hurt tourism? Okay....

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NO I don't . IF you had Canadian friends or lived near the Canadian border you might see how the Canadians are afraid to come over here and don't trust Trump or the USA any more.
I have a lot of Canadian friends and several of them own big houses in the Tampa , ST. Pete, and Clearwater areas and are thinking of selling them and never coming back into the USA.
Tariffs haven't hit yet. Supply chain shortages haven't been realized yet. China isn't exporting to the U.S, so of course our imports are down.
Now with China holding back rare earth metals it is really going to hurt US industry and cause a lot of things we build here go up and up.
Trump doesn't know on how much we depend on rare earth magnets to run stuff and how many things they are used in to make things run.
This could be a real mess and when we do find another source for them who ever it is is going to jack up their price and make a killing .
All thanks to Trump's stupidity.
 
The market has already factored in trump. We'll see the roller coaster for sure, but I don't believe there will be a massive dip unless trump does something incredibly stupid...like start a war.

Last week he announced a halt of all ethane exports to China in retaliation for their rare earth material move.

I have stock in two of the largest pipeline companies in the nation, and their share price barely budged.
Now with China holding back rare earth metals it is really going to hurt US industry and cause a lot of things we build here go up and up.
Trump doesn't know on how much we depend on rare earth magnets to run stuff and how many things they are used in to make things run.
This could be a real mess and when we do find another source for them who ever it is is going to jack up their price and make a killing .
All thanks to Trump's stupidity.
 
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