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return2ozma@lemmy.world to News@lemmy.world · 1 day ago

Trump Economy 'Stalling Out' as Unemployment Rate Hits Highest Level in 4 Years

www.commondreams.org

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Trump Economy 'Stalling Out' as Unemployment Rate Hits Highest Level in 4 Years

www.commondreams.org

return2ozma@lemmy.world to News@lemmy.world · 1 day ago
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Trump Economy 'Stalling Out' as Unemployment Rate Hits Highest Level in 4 Years | Common Dreams
www.commondreams.org
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"Trump may give himself an A++++ on the economy, but these latest jobs numbers are failing working families."
  • SantasMagicalComfort@piefed.world
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    1 day ago

    I bet if Harris won she would have hit the highest rate in forty years by now.

    • Jakdracula@lemmy.world
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      7 hours ago

      You’re wrong.

      https://www.wsj.com/politics/elections/economists-say-inflation-deficits-will-be-higher-under-trump-than-harris-0365588e

      And:

      https://www.ms.now/the-reidout/reidout-blog/trump-penn-wharton-economy-harris-rcna168687

      And:

      https://www.bloomberg.com/features/2024-trump-harris-economics-plan-models/

      And:

      https://www.moodys.com/web/en/us/site-assets/assessing-the-macroeconomic-consequences-of-harris-vs-trump.pdf

      Should I keep going?

      • SantasMagicalComfort@piefed.world
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        7 hours ago

        Exit polls 2024: Deep economic discontent with Biden drove voters to Trump

        The economy remains a key irritant. Voters say it’s in bad shape by 67%-32%. And 45% say their own financial situation is worse now than four years ago, versus 30% the same, with just 24% doing better. The “worse off” number exceeds its 2008 level, then 42%, and far outpaces its shares in 2020 (20%) and 2016 (28%).

        Trump is more trusted than Harris on immigration and the economy in the preliminary exit polls while Harris leads Trump in trust on abortion.

    • gandalf_der_12te@discuss.tchncs.de
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      6 hours ago

      unemployment doesn’t matter anyways, affordability does.

      with what policy does trump support giving handouts to the people? none i can see. and that’s the problem.

    • blitzen@lemmy.ca
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      1 day ago

      On what evidence do you support that theory?

      • SantasMagicalComfort@piefed.world
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        What evidence do you have to disprove it?

        • kbobabob@lemmy.dbzer0.com
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          You’re the one making a dumbass comment. If you want people to listen to you then at least try to put reason to such a dumbass comment.

          • SantasMagicalComfort@piefed.world
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            No offense but if you don’t have evidence to disprove my comment why did you feel the need to jump into the conversation?

            • forrgott@lemmy.zip
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              1 day ago

              Says the guy doing nothing to defend an utterly moronic stance…

            • Buffalox@lemmy.world
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              1 day ago

              You are either a troll or very poorly educated.

              • huquad@lemmy.ml
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                1 day ago

                Why not both?

                • Buffalox@lemmy.world
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                  1 day ago

                  I was trying to be nice. 😋

        • Buffalox@lemmy.world
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          You are the one making the claim, so the burden of proof is on you.

          • SantasMagicalComfort@piefed.world
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            1 day ago

            I shared my opinion.

            • Buffalox@lemmy.world
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              1 day ago

              Wrong, you shared your BASELESS opinion.
              Not all opinions are equal, although the Christian right likes to claim so.
              But informed opinions are actually worth more than uninformed opinions.

              • gandalf_der_12te@discuss.tchncs.de
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                6 hours ago

                in german we have a great proverb called “einbildung ist auch eine bildung”

                • Buffalox@lemmy.world
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                  6 hours ago

                  LOL that’s a good one. Hard to translate so it works though, but I speak enough German to get it just fine. 😀

                  That’s almost like having a theoretical degree in physics.
                  Not quite as good as having a degree in theoretical physics.

        • blitzen@lemmy.ca
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          1 day ago

          Evidence can’t prove a negative.

          I have no idea what today’s economy would look like under Harris, but I’m not the one making a claim.

          • SantasMagicalComfort@piefed.world
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            1 day ago

            Would you be coming after me this hard if I said that I bet the jaguars will win the super bowl next year?

            • blitzen@lemmy.ca
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              I’m not sure a simple “what is your evidence” is coming at you hard. But okay…

              if you said that I would see they have a very good record right now (evidence) and wouldn’t wonder why you are saying that.

              If you claimed the Titans were going to win, I would indeed wonder and ask for your reasoning.

              • SantasMagicalComfort@piefed.world
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                Have the jaguars ever played a super bowl?

                • blitzen@lemmy.ca
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                  They’re 10-4, first in their division, 3rd in the AFC. They’re not my first choice to win the Super Bowl, but I wouldn’t bet against them either.

                  • SantasMagicalComfort@piefed.world
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                    But have they played in the super bowl?

    • Buffalox@lemmy.world
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      No Harris would have continued Biden’s economic policies, and they actually created economic progress.
      The problem with inflation was a worldwide consequence of COVID, European countries have inflation under control now. in my own country Denmark, food prices even dropped a little in November! And inflation is projected to be below 2% next year.

    • frustrated_phagocytosis@fedia.io
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      1 day ago

      No.

    • corsicanguppy@lemmy.ca
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      1 day ago

      Compared to the series of absolute winner advisors the Cheeto has? Yeah. Go with that, buddy ;-)

    • Ghyste@sh.itjust.works
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      Pretty sure this sarcasm is for the poster and I’m here for it.

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