The Economy

[MajorRewrite]

Interesting. Household debt isn’t the problem that fearmongering MAGAs pretend it is.

 

[Rotadom]

President Donald Trump's net approval rating has fallen to a new low for his second term of -14 points, according to a poll.

The AP-NORC survey, conducted between March 20-24, shows that 56 percent of respondents disapproved of Trump's job as president, while 42 percent approved.

The findings also reveal that 58 percent of respondents disapproved of Trump's handling of the economy, while 40 percent approved.

Meanwhile, 60 percent disapproved of his handling of trade negotiations, while just 38 percent approved.

 

[MajorRewrite]

There are still a lot of job openings, but they are declining. Layoffs increased slightly.

Job openings, a measure of labor demand, dropped 194,000 to 7.568 million by the last day of February, the Labor Department's Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey, or JOLTS report, on Tuesday.


Data for January was revised slightly higher to 7.762 million vacancies instead of the previously reported 7.74 million.

Layoffs increased 116,000 to a still-low 1.790 million.

Will MAGAs accuse the Trump administration of releasing “fake news”?

 

[Fuzzy1975]

There are still a lot of job openings, but they are declining. Layoffs increased slightly.



Will MAGAs accuse the Trump administration of releasing “fake news”?

Will today be April fools day for Republicans? Guess we'll see how Florida and Wisconsin voters think.

 

[PersonalFavors]

Stock markets worldwide are going crazy.

Stocks are getting very tempting. Luckily the stock market is not the economy. I wish I saw that newsmax ipo coming. Missed that. Would love some easy pickins' like that in my Roth right now. Got some cash out just in time. Now looking for when to buy back in!

 

[PersonalFavors]

Interesting. Household debt isn’t the problem that fearmongering MAGAs pretend it is.

View attachment 2521138

Household debt is on the rise since obidens inflation kicked in. Households spent through all their covid savings and started borrowing to maintain their standard of living. Maxxed out borrowing looks as if it has leveled off, but those who borrow are just maxxed out.

 

[DeluxAuto]

Stocks are getting very tempting. Luckily the stock market is not the economy. I wish I saw that newsmax ipo coming. Missed that. Would love some easy pickins' like that in my Roth right now. Got some cash out just in time. Now looking for when to buy back in!

Household debt is on the rise since obidens inflation kicked in. Households spent through all their covid savings and started borrowing to maintain their standard of living. Maxxed out borrowing looks as if it has leveled off, but those who borrow are just maxxed out.

How the fuck have you escaped my ignore list?

 

[MajorRewrite]

Household debt is on the rise since obidens inflation kicked in. Households spent through all their covid savings and started borrowing to maintain their standard of living. Maxxed out borrowing looks as if it has leveled off, but those who borrow are just maxxed out.

You can’t read a graph. Household debt as a % of GDP has been declining for years.

 

[MajorRewrite]

US manufacturing shrinks

Data out Tuesday showed activity in the manufacturing sector slipped into contraction for the first time this year and costs continued to surge as suppliers weigh the impact of President Trump's tariff policy.

The Institute for Supply Management's manufacturing PMI registered a reading of 49.0 in March, down from February's 50.3 reading and below the 49.5 economists polled by Bloomberg had expected. Readings above 50 for this index indicate an expansion in activity, while readings below 50 indicate a contraction.

 

[Rightguide]

CA Drops 173K Private Jobs, Adds 181,000 Govt Workers.​

PULSE POINTS:​

What Happened: California experienced a loss of 173,000 private sector jobs since January 2023, which was offset by a gain of 181,100 government and government-supported roles, many of which are part-time.

Who’s Involved: Affected groups include elderly and disabled individuals employing household members with state funds, and the California Center for Jobs and the Economy (CCJE), which provided the data.

California’s employment landscape has shifted dramatically since 2023, according to a new report from the California Center for Jobs and the Economy (CCJE). Over two years, the state lost 173,000 private sector jobs, only offsetting the losses with 181,100 public sector government jobs and government-supported roles. Notably, a large proportion of the public sector employment is part-time, funded by the state to provide care services to the elderly and disabled.

The study revealed that 124,800 newly supported roles fall within health care and social assistance, with a significant chunk—55 percent—concentrated in the government’s household care program. These positions often involve familial care arrangements. Meanwhile, hourly wages in California have seen an uptick. However, the average hours worked have dwindled. This suggests that companies are reducing labor hours, a decision likely influenced by the state’s sector-based minimum wage increase.

According to the CCJE data, only the green energy and transportation sectors showed growth outside of the public sector—though even those jobs are still government-supported through regulatory mandates or direct subsidization. Critically, the report questioned the quality of the new jobs, pointing out that taxpayer-funded employment is not always a route to often-promised “good-paying” jobs but is mainly minimum wage, part-time, and short-term.

More here: https://thenationalpulse.com/2025/03/31/california-shed-173k-private-jobs-over-last-two-years/

California is on a death slide.

 

[Politruk]

obidens

You are an idiot.

 

[Politruk]

California is on a death slide.

You know the red states can't get along without it.

 

[schism666]

let's go brandon!

 

[PersonalFavors]

It’s a buyers market. Opportunities like this don’t come often!

 

[schism666]

It’s a buyers market. Opportunities like this don’t come often!

it's a shame president biden made you poor

 

[Lazaran]

It’s a buyers market. Opportunities like this don’t come often!

What the con man tells the rubes while the con man is secretly selling???







We. Told. Them. So.

 

[PersonalFavors]

What the con man tells the rubes while the con man is secretly selling???







We. Told. Them. So.

Market is already down. Don’t sell low. You should have taken profits weeks ago when all the large funds did. No one panicked. They are just making money. The stock market is not the economy.

 

[Lazaran]

Market is already down. Don’t sell low. You should have taken profits weeks ago when all the large funds did. No one panicked. They are just making money. The stock market is not the economy.

Um, yeah…



ATTENTION:

All you MAGAts on the PB: listen to P-Flavor. Do NOT sell…



We. Told. Them. So.

 

[Rockymtnman]

Market is already down. Don’t sell low. You should have taken profits weeks ago when all the large funds did. No one panicked. They are just making money. The stock market is not the economy.

I’d wait to jump back in. New tariffs will drop it even further. Not bottom yet.

 

[Rotadom]

 

[RobDownSouth]

I am going to predict a massive loss in both the NASDAQ and NYSE.
Likely going to be one of the most volatile trading days ever.
I hope I am mistaken.
(occasionally mistaken, but nevar wrong)

 

[Fuzzy1975]

You can’t read a graph. Household debt as a % of GDP has been declining for years.

Yah, well he thinks the US was helping Canada out in the war of 1812...*shrugs*

 

[Fuzzy1975]

Market is already down. Don’t sell low. You should have taken profits weeks ago when all the large funds did. No one panicked. They are just making money. The stock market is not the economy.

So, your admitting Trump is manipulating the stock market.

 

[Fuzzy1975]

I’d wait to jump back in.

I'm looking elsewhere for opportunities. The growth is in the EU right now. The US will settle and stagnate, unless Trump does a major course reversal. I don't see that happening.

New tariffs will drop it even further. Not bottom yet.

True, but once it bottoms, unless Trump changes course,there will be no big rise till at least 2026, or even longer. The US market is going bear till Trumps done.

 

[RobDownSouth]

Yah, well he thinks the US was helping Canada out in the war of 1812...*shrugs*

Of course the US aided Canada in the War of 1812....the Americans even burned their own White House to show their solidarity with the Canucks!