Did Donald say ‘he’s PROUD of the US Economy?’
The job figures for last year , Trump’s first year of this 2nd term, where adjusted DOWNWARD by 400.000 jobs….
Trump’s tariff import taxes and immigtaion actions are handicapping the American Economy the Congressional Budget Office reports…..
US adds 130K jobs in January, but barely gained any in 2025
The U.S. added 130,000 jobs in January but gained far fewer jobs than initially reported in 2025, according to data released Wednesday by the Bureau of Labor Statistics (BLS).
The January employment report showed the labor market booming last month, with the jobless rate ticking down slightly to 4.3 percent. Economists expected the U.S. to have added roughly 70,000 jobs in January, with the unemployment rate staying flat at 4.4 percent, according to consensus projections.
“U.S. jobs data released this morning showed signs of a rebounding labor market in January, with unemployment ticking down and a total 130,000 jobs added in January, driven mostly by hiring in the service sector,” wrote Chris Bangert-Drowns, researcher at the Washington Center for Equitable Growth, a left-leaning research nonprofit.
But the BLS also shaved off more than 400,000 jobs from the 2025 employment gain, leaving the U.S. with just 181,000 new jobs in 2025, compared to an initially reported 584,000….
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The mixed report, however, could still foretell more economic headaches for President Trump, whose approval on the economy has cratered with less than a year until the midterm elections.
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The upcoming consumer price index inflation report, which the BLS is scheduled to release Friday, could also pose challenges for Trump and the economy at large.
Prices rose 2.7 percent annually as of December, largely in line with the inflation rate when Trump was elected president in November 2024.
A lack of progress on inflation could make it harder for Trump and Republicans to convince voters they can be trusted to bring prices down. The combination of January’s strong monthly job gain and stubborn inflation would also keep the Federal Reserve from cutting interest rates for at least another month.
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US debt forecast to hit $64T in a decade as Trump policies widen deficit
Congress’ nonpartisan scorekeeper predicts that the annual deficit will grow to $3.1 trillion by 2036.
The U.S. national debt is on track to reach $64 trillion within a decade as the federal government continues its trend of red-ink balances under President Donald Trump and Republican control of Congress.
The Congressional Budget Office released its marquee report Wednesday on the U.S. fiscal outlook, estimating that the tax and spending package Republicans enacted last summer — along with Trump’s immigration policies — will increase deficits by trillions of dollars over the next decade. That budget gap would essentially cancel out the roughly $3 trillion in deficit reduction Trump’s tariffs are expected to produce….
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Debt compared to economic output is also on track to soar in the coming years. CBO predicts that federal debt held by the public will rise from 101 percent of gross domestic product this year to 120 percent in a decade, exceeding the previous high of 106 percent of GDP in 1946.
As the CBO predicted last summer, the Republican megabill Trump signed into law in July will help boost economic growth this year. But that will be partially offset by the economic effects of Trump’s tariffs and increased immigration enforcement….
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