Fortunately, its epicenter is very deep - 66 miles down. That’s deep enough where the damage and casualties should be minimal. But still - Monday morning bummer!
This is a Monday-morning type of bummer. It’s primary-election time, when many voters start to really pay attention, and the last thing Republicans need is any kind of economic metric that can be campaign-spun against them. Sigh. Trump needs to win the war and get out of Iran - now! He needs to get much better economic indicators within WEEKS.
The only bright spot for me is seeing 53,000 fewer government workers. This is what I voted for! Every inefficient, unproductive, freedom-squashing government job that is permanently eliminated is a brick torn down in the wall that was blocking the fresh air of America. Keep it coming, Mr. President!
Whether or not President Trump can goose the jobs numbers between now and election time is uncertain.
Durable goods manufacturing is improving, and that is a positive trend--but it is drowned out in the overall data by the shedding of nondurable goods manufacturing jobs. Swapping one sort of job for another is not exactly economic growth, merely economic change.
With core inflation forecast to trend down yet again in the July CPI print, I am not optimistic there economic activity is there to power significant job growth.
That's not a good economic sign for the MAGA Coalition heading into the general election.
More Monday-morning bad news: a 7.4 magnitude earthquake just hit Columbia -
https://www.theepochtimes.com/world/major-earthquake-strikes-western-colombia-damage-reported-6073178?utm_source=ref_share&utm_campaign=copy
Fortunately, its epicenter is very deep - 66 miles down. That’s deep enough where the damage and casualties should be minimal. But still - Monday morning bummer!
This is a Monday-morning type of bummer. It’s primary-election time, when many voters start to really pay attention, and the last thing Republicans need is any kind of economic metric that can be campaign-spun against them. Sigh. Trump needs to win the war and get out of Iran - now! He needs to get much better economic indicators within WEEKS.
The only bright spot for me is seeing 53,000 fewer government workers. This is what I voted for! Every inefficient, unproductive, freedom-squashing government job that is permanently eliminated is a brick torn down in the wall that was blocking the fresh air of America. Keep it coming, Mr. President!
Whether or not President Trump can goose the jobs numbers between now and election time is uncertain.
Durable goods manufacturing is improving, and that is a positive trend--but it is drowned out in the overall data by the shedding of nondurable goods manufacturing jobs. Swapping one sort of job for another is not exactly economic growth, merely economic change.
With core inflation forecast to trend down yet again in the July CPI print, I am not optimistic there economic activity is there to power significant job growth.
That's not a good economic sign for the MAGA Coalition heading into the general election.