Donald Trump & Co. Can keep Bull Shitting HIMSELF….
It ain’t fool John Q American Citizen….
Silencing the Labor and Commerce Dept. Reports isn’t gonna work..
The Economy IS going into a Ditch….
And he’s probably taking the Republican Party with him…
This is NOT good politics
Mark Zandi, chief economist at Moody’s Analytics, said the state’s problems stem from a mix of slowed-down immigration, increasing tariffs and federal job cuts.
According to Zandi, the following states are in a recession:
Wyoming, Montana, Minnesota, Mississippi, Kansas, Massachusetts, Washington, Georgia, New Hampshire, Maryland, Rhode Island, Illinois, Delaware, Virginia, Oregon, Connecticut, South Dakota, New Jersey, Maine, Iowa, West Virginia and Washington, D.C.
It’s more sobering news for the economy, as last week U.S. hiring plans fell to their lowest level since 2009.
Employers have announced plans to add about 205,000 jobs through the first nine months of the year — down 58 percent from the same point in 2024 and the lowest tally since 2009.
Economist Michael Szanto told The Hill’s sister network NewsNation that he believes the downturn can be blamed on President Trump’s sweeping tariffs.
“We’re in a challenging situation,” he said. “There’s a little bit of a lag in the pain and problems caused by the tariffs.”…
Note…
The Feds Economy Report shuffle….
The Bureau of Labor Statistics is calling some employees back from furlough to work on a key inflation report, a Trump administration official said Thursday night.
Why it matters: That data from the Consumer Price Index, or CPI, is crucial to figuring out the annual Social Security Cost of Living Adjustment, or COLA — and has been delayed in the government shutdown.
- The New York Times first reported that the BLS is un-pausing work on the (CPI), which measures the prices of goods and service across the nation.
Zoom in: The CPI was supposed to be released on Oct. 15. It’s unlikely to make that deadline….
(I actually received my Social Security adjustment contrary to the Axios piece linked above…)
According to Zandi, the following states are in a recession:
Red States
Wyoming, Montana, Minnesota, Mississippi, Kansas, South Dakota, Iowa,
West Virginia
Purple State (D 2020 R 2024)
Georgia,
Blue States
Massachusetts, Washington, New Hampshire, Maryland, Rhode Island, Illinois, Delaware, Virginia, Oregon, Connecticut, New Jersey, Maine, and Washington, D.C.
Correction
(The last Republican that Minnesota supported was Nixon in 1972.)
According to Zandi, the following states are in a recession:
Red States
Wyoming, Montana, Mississippi, Kansas, South Dakota, Iowa, West Virginia
Purple State (D 2020 R 2024)
Georgia
Blue States
Minnesota, Illinois,
Maine, New Hampshire, Massachusetts, Rhode Island, Connecticut,
New Jersey, Delaware, Maryland, Washington, D.C., Virginia,
Washington, and Oregon.
Sorry….
I think you deleted both posts (original and corrected) by mistake, JB.
My corrected comment’s beginning appears on the sidebar, but not here.