RetrogradeLlama
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Stagflation occurs when prices are rising while the economy and employment are shrinking.
While some may claim GDP grew, that's primarily related to AI. It isn't growing jobs, employment, and US based businesses - it's just putting money in corporate pockets while eroding the foundation of a strong economy.
Trump's lack of any realistic plan, combined with his tariffs, layered on his erratic management has spooked companies and markets.
STAGFLATION is when inflation is rising while employment is dropping. The FED can lower rates to stimulate job creation but that increases inflation. Or they can raise rates to curtail inflation but that cuts job creation. They can't treat both conditions at once. They don't really have any other tools.
In 2022, we added 4.5 MILLION Jobs. (Coming out of the Covid era)
In 2023, we added 2.7 MILLION Jobs. (225K/month)
In 2024, we added 2.2 MILLION Jobs. (183K/month)
In 2025 we added ONLY 181K Jobs for the entire YEAR. (15K/month)
In 2026, we're looking even worse than 2025.
https://www.cnbc.com/2026/03/06/february-2026-jobs-report.html
J3lek
I can't wait to choose between buying food or paying the mortgage on the house I've been in for 15 years.
J3lek
Every decision Trump had made was forcing us into stagflation. He wanted to push the Fed to keep lowering rates when every economist was saying it would lead to stagflation. prices increased to cover his tariffs. He cut taxes for the wealthy, and only covered a portion of the cost. Paid by firing federal workers. Nobody has confidence in the economy, beyond a "wait and see " attitude, so the whole economy is stagnant in "wait and see" mode but costs go up to satisfy the billionaire class.
PostalHeathen
Breaking out of stagflation is hard since the two halves of the problem, stagnation and inflation, have opposite solutions. Can't address one problem without making others worse. Make no mistake, there's some bad years ahead. The next president will likely not be fixing it in their first term.
req4adream99
Which will lead us right back to this point cuz Americans have the collective memory of a fruit fly. It’s gonna take A LOT more than simply electing a Dem president - there’s gonna have to be a SOLID Dem majority in both houses of Congress for us to even stop the bleeding. Which won’t happen. So my advice: buckle up cuz shits about to get BAD.
duktayp
This Trump guy sucks
RetrogradeLlama
I'm beginning to think so.
DownvotesStarWars
Fed Governor Stephen Miran said “we have a hard time imagining what the new jobs will be” when asked how we mitigate job losses due to AI adoption.
Dude…..
RetrogradeLlama
And that's a TRUMP guy who is a big promoter of tariffs. Even he knows we're fucked.
DownvotesStarWars
This clip, where he stumbles to find an answer, would be funnier if it weren’t for the double barrel of disaster pointed right at us. Like dude YOU of all people can’t say that, WTF?
https://bsky.app/profile/atrupar.com/post/3mgfrhm6pmm2z
Makerofthingsmasherofstuff
The funniest part is that these are the good numbers that Trump has allowed to be released.
RetrogradeLlama
Yep. The picture is likely much worse.