Unemployment rate at 4.6%. It was at 4.0% under Biden. The captain has no idea how to pilot a ship.
From this chart I gather that the US needs more healthcare, likely related to being unemployed. Also since healthcare insurance is being destroyed the hospitals stand to take way more of your money, so they are boosting staff to get ready. I wonder what the construction industry are building? More prisons perhaps? Retail jobs went up, probably all the government workers finding a way to pay the rent. Manufacturing down since most of the world are not buying US products. Government workers axed. Leisure and hospitality down a lot due to paranoid border changes keeping tourists away. Transportation and warehousing is the biggest hit. Not sure how to explain that one.
Every economic indicator in the US has turned negative. The only reason is is not worse is that the $US has been slowly deflating against other major currencies and is used as the yardstick of value with the US, concealing part of the stats expressed in $. And to make it worse, the bandaids of adding to deficit spending and reducing interest rates are only going to push inflation higher, possibly to hyperinflation.. America is heading into an "interesting" 2026..😷
Those are all bad, but the destruction of our health from the crazy attacks on the regulations protecting our air, water, food, medication is insane! The attacks on science will cause many premature deaths.
