The Worsening Trump Economy

Started by Rod Kaufman, 02/05/2026 07:28PM
Posted 02/12/2026 10:28PM #10
Originally Posted by Richard Davis
Rod Kaufman Hysterical Predictions:  #1)  On or about November 9th 2016, after the Federal Election that resulted in Donald Trump becoming President, Radical Leftist Democrat Rod Kaufman came on Astromart with the prediction that the election of Donald Trump as Pres of the US would not only cause the collapse of all the US stock markets, but World Stock markets would collapse.

 Rod Kaufman Hysterical Predictions:  #2)  On or about November 7th 2024, after the Federal Election that resulted in Donald Trump becoming President, Radical Leftist Democrat Rod Kaufman came on Astromart with the prediction that the election of Donald Trump as Pres of the US would not only cause the collapse of all the US stock markets, but World Stock markets would collapse.

One would believe that these type of irrational and utterly insane predictions usually are never thought of outside of an insane asylum, but yet one deranged individual here on this forum made these foolish and ludicrous predictions.  

Of course, as expected neither of these bizarre, preposterous, and laughable predictions came to fruition.

But don't stop now, when you have embarrassed yourself since 9 years ago, why stop now with the irrational, and unhinged TDS filled prognostications?  wink

Today's job report:   170,000 new private sector jobs created, while eliminating 40,000 non productive gov't positions

On the right track.
Usual dribble and nonsense from Rich (who else?), not to mention its 130,00 jobs that were added, not 170,000: 
   
"Nonfarm payrolls increased by 130,000 jobs last month after a downwardly revised 48,000 rise in December, the Labor Department's Bureau of Labor Statistics said."

"Manufacturing employment rebounded slightly, but has lost more than 80,000 jobs since Trump returned to the White House."

"But the largest increase in payrolls in 13 months reported by the Labor Department on Wednesday likely exaggerates the labor market's health, as revisions showed the economy added only 181,000 jobs in 2025 instead of the previously estimated 584,000. That is a fraction of the 1.459 million jobs added in 2024, the final full year of former President Joe Biden's term."

"The only jobs being filled in January are in health care and social assistance, along with some nonresidential specialty trade contractors probably related to AI facilities, all of which do not guarantee the economy's future success," said Christopher Rupkey, chief economist at FWDBONDS. "If you are looking for a job ... you are unlikely to find anything to apply for in today's report."

https://www.reuters.com/business/us-job-growth-accelerates-january-unemployment-rate-falls-43-2026-02-11/
Posted 02/13/2026 01:01AM #11
Originally Posted by Rod Kaufman

Usual dribble and nonsense from Rich (who else?), not to mention its 130,00 jobs that were added, not 170,000: 
   
"Nonfarm payrolls increased by 130,000 jobs last month after a downwardly revised 48,000 rise in December, the Labor Department's Bureau of Labor Statistics said."

"Manufacturing employment rebounded slightly, but has lost more than 80,000 jobs since Trump returned to the White House."

"But the largest increase in payrolls in 13 months reported by the Labor Department on Wednesday likely exaggerates the labor market's health, as revisions showed the economy added only 181,000 jobs in 2025 instead of the previously estimated 584,000. That is a fraction of the 1.459 million jobs added in 2024, the final full year of former President Joe Biden's term."

"The only jobs being filled in January are in health care and social assistance, along with some nonresidential specialty trade contractors probably related to AI facilities, all of which do not guarantee the economy's future success," said Christopher Rupkey, chief economist at FWDBONDS. "If you are looking for a job ... you are unlikely to find anything to apply for in today's report."

https://www.reuters.com/business/us-job-growth-accelerates-january-unemployment-rate-falls-43-2026-02-11/
Only a devout Kool-Aid guzzler would buy into this one: "170,000 new private sector jobs created, while eliminating 40,000 non productive gov't positions."

Many of those so-called non-productive gov positions were eliminated through early retirement offers, which, in our industry countless gov personnel gladly accepted.  Guess where those people are now? Working for the contractors! They are now collecting their pensions (paid for by the gov) and working full time for the gov contractors (again, paid for by the gov) often in the same dept they were working before. So now these folks are costing the taxpayers twice what they were before this idiotic administration's attempt at efficiency.  The funny thing is, we all saw it coming.
Posted 02/13/2026 09:35AM #12
Also not being mentioned is the precipitous drop in the US dollar. Down about 15% since trump took office. Mostly caused by countries and investors abandoning the US$ for other currencies and precious metals. A drop like this makes the cost of servicing the US debt more expensive. From what I have read, servicing the debt is now the second biggest expenditure in the federal budget... more even than defence!

Scientifically proven fact:- No woman has ever murdered her husband while he is washing the dishes.
Posted 02/13/2026 03:47PM #13
Breaking news:    "US business, consumers bore 90 percent of Trump tariff costs: NY Fed".   "The study, published Thursday, found that the majority of costs that came from tariffs were passed onto the American public in the first 11 months of 2025, contradicting Trump’s promises that foreign companies would pay the import taxes."

https://thehill.com/business/5737182-tariffs-trump-us-businesses-impact/
Posted 02/15/2026 06:36PM #14
BTW: In addition to the "stewardship" of our economy, the Trump folks are now in the process of ensuring the stewardship of our elections: 
 
"Noem boasts of Trump administration ensuring ‘we have the right people voting’ ahead of midterms"

"Homeland Security Secretary Kristi Noem suggested Friday that her department has a broad role in election security, claiming she has the authority to identify “vulnerabilities” in the election system and implement “mitigation measures” to make sure local and state elections are “run correctly.”

“There will be Voter I.D. for the Midterm Elections, whether approved by Congress or not!” Trump wrote on Truth Social."

"Critics have slammed the proposal as an attack on voting rights and warned it could disenfranchise millions of legal voters, including women whose married names do not match their passports or birth certificates."


“This is Trump’s idea of democracy: leaders get to select their voters instead of the other way around,” Senate Minority Leader Chuck Schumer (D-N.Y.) wrote on the social platform X."

https://thehill.com/homenews/campaign/5739328-noem-voting-midterm-elections/
Posted 02/16/2026 07:20PM #15
Ok, how about a joke?
We all know about the Einstein visa, the one that talented foreigners use to enter the USA. Well, Melania arrived, instead, on the Epstein visa...