U.S. employment growth slowed more than expected in December amid job losses in the construction, retail and manufacturing sectors.Economists have blamed sluggish job growth on President Donald Trump's aggressive trade and immigration policies, which they say have reduced both demand for and supply of workers.Businesses are also holding back on hiring, unsure of their staffing needs as they invest heavily in artificial intelligence. The economy is experiencing a jobless expansion, with growth and worker productivity surging in the third quarter, which was partly attributed to AI."The weak job-growth story can't be brushed aside. Hiring is still stuck in stall speed, and job growth in the cyclical parts of the economy isn't sending a comforting signal."The labor market lost considerable momentum last year, with only 584,000 jobs added, averaging 49,000 positions per month. Roughly 2 million jobs were created in 2024The BLS has estimated about 911,000 fewer jobs were created in the 12 months through March 2025 than previously reported.With factors like tariffs and AI preventing companies from hiring more workers, economists increasingly view the labor market's challenges as more structural than cyclical, which would make rate cuts less effective to stimulate job growth.https://www.reuters.com/business/us-job-growth-slows-december-unemployment-rate-eases-44-2026-01-09/
>>1474683To be fair the BLS hasn't had accurate statistics for the last 20 years since the Bush administration changed the definition of what counts as a manufacturing job to include retail and fast food workers. And that was before Elon gutted the agency and Trump fired the data nerd who was running it.
>>1474685Yeah but the real unemployment numbers suggest its around 10%, higher for people 18-30Thats super bad for a guy who campaigned on fixing the economy (he hasn't.)
>>1474929Not only has he not fixed it, but made it much worse with the tired and true failed right wing economic like trickle down economics.
>>1474953It'll start trickling down any day now........
can't help but notice the chuds are avoiding this thread, wonder why that might be
>>1475588It is trickling down as Bill Clinton and Obama intended.
>>1475706Those presidents weren't republicans. It's a republican policy.
>>1475715Then why didn't Democrats fix it?
>>1474953I didn't know trickle down economics was a right wing positionCan you find a single right politician saying "Yeah we are implementing trickle down economics" or a right wing candidate saying "Vote for me so I can implement trickle down economics"?
>>1475866Anon the term was brought into public recognition during the fucking Reagan admin by Reagan's own OMB director. Come on.>https://www.theatlantic.com/magazine/archive/1981/12/the-education-of-david-stockman/305760/?single_page=true
>>1475867https://www.hoover.org/sites/default/files/uploads/documents/Sowell_TrickleDown_FINAL.pdfMoreover, the reasons for proposing such tax cuts are often verbally transformed from those of the advocates— namely, changing economic behavior in ways that generate more output, income and resulting higher tax revenues—to a very different theory attributed to the advocates by the opponents,namely “the trickle-down theory.”No such theory has been found in even the most voluminous and learned histories of economic theories, including J.A. Schumpeter’s monumental 1,260-page History of Economic Analysis. Yet this non-existent theory * has become the object of denunciations from the pages of the New York Times and the Washington Post to the political arena. It has been attacked by Professor Paul Krugman of Princeton and Professor Peter Corning of Stanford, among others, and similar attacks have been repeated as far away as India.2 It is a classic example of arguing against a caricature instead of confronting the argument actually made.What actually followed the cuts in tax rates in the 1920s were rising output, rising employment to produce that output, rising incomes as a result and rising tax revenues for the government because of the rising incomes, even though the tax rates had been lowered. Another consequence was that people in higher income brackets not only paid a larger total amount of taxes, but a higher percentage of all taxes, after what have been called “tax cuts for the rich.” There were somewhat similar results in later years after high tax rates were cut during the JohnF. Kennedy, Ronald Reagan and George W. Bush administrations
>>1475858What makes you think they didn't?
>>1475867It's older than that. Its from a cartoon during the gilded age or there about's. Showed a horse pissing and some of it "trickling down" to the peasants (or something like that.)Its basically an insult by the ultra wealthy. It's why the term endures. They like the imagery of us begging for droplets of their piss.
>>1475866>Trickle down is such a failure that rightoid shills are pretending it wasn't always pushed by them.LOLAnd yet the far right republicans just did it again with their massive money give away to the rich and military industrial complex.
>>1475867And it worked as a decades long recession ended just under 4 years into Reagan's presidency.The economy was so robust that it roared until Bush 2. Some uneducated folk might thiink this was because Bush Jr. was an idiot and a shitty president (he was), but the root of the problem was Clinton. NAFTA almost immediately gave billionaires a way out of paying American workers higher wages by outsourcing to SA.And the repeal of Glass–Steagall lead to the subprime mortgage crisis.Tax cuts were implemented to combat the economic instability and even re-uped under Obama, much to the dismay of Bernie Sanders.Then old tan suit fuckface (it was never about the tan suit though, it was really about him talking about terrorism, just like it was never just a blowjob, it was about real estate fraud and perjury) stood on stage and proclaimed, "THOSE JOBS AREN'T COMING BACK!". Refusing to help the populace.So here we are trickle down is working, and Democrats have only decreased the amount of trickle. Never seeking to actually end it as they approved larger and larger mergers of corpos, and give them tax breaks to operate in their cities.And personally, I'm a little pissed that everything I thought I knew was a lie carefully crafted to make me like Democrats, who are in reality despicable.
>>1475953You’re a pretty bad actor, anon.
>>1475954Concession accepted.
>>1475956Oh, don’t get me wrong, your points are bullshit too. I’m just saying this “everything I knew was a lie, damn the Dems!” bit is just as bad.
>>1475958Oh wow it's the coveted "double concession". Thank you so much.
>>1475954Ronald Reagan isn't posting on /news/ he died in 2004 over 20 years ago
>>1475951No, I was pointing out it's one of those terms people don't use. It is one used against them.There is the abortion issue. There's the pro life side and the pro choice side.Nobody describes their position when it comes to abortion by saying "I am against life. That is why I support abortion". Nor do they say "I am against people being able to make choices. That is why I am against abortion".These are straw man positions. Trickle down economics is a straw man, a caricature.
>>1475985Oh, you're that shill that trying to gaslight people into pretending trickle down economics doesn't exist.When it's be the bedrock economic principle of conservatives for the past 45 years.LOL @ U
>>1475996So then show me a speech of Ronald Reagan or George Bush or any other conservative leader from the past 45 years saying "Vote for me and I'll implement Trickle Down Economics." If it's as bed rock of a principal as you say it should be no trouble.
>>1476002>w-well they don't SAY it so...Incredible.
>>1476004Just like Democrats don't say it, they just do it.
>>1476004Same logic behind how Trump isn't actually doing Plan 2025 in spite of how he's following everything on it. Fucking pathetic.
>>1476022>Plan 2025Leftist shitbirds been drinkin' tonight, huh?I literally voted for Project 2025. I agree with like 95% of it.
>>1475947Yeah, it used to be called the horse and sparrow theory, wherein the sparrows pick the corn out of the horse's shit. They had to rebrand it.
>>1475958>can't refute anything>'paid shill'So, you're 14? Retarded? Both?
>>1476004They didn't say it because they don't believe in it. They don't wake up saying "I'm gonna implement some trickle down"
>>1476103They only think about themselves and their wealth. They don't care about their neighbors, that'd make it more difficult to rip them off and ignore their plight.
>>1476042Thats the one. See how shameless they are?
>>1476113you're not my neighbor. you're not entitled to someone else's wealth. get a job
>>1476119A civilized society needs to be one that offers workers a fair livelihood. Jewworld doesn't. Simple as.
>>1476120victim mentality.don't like your pay? negotiate a raise, get a new job, or start a business.
>>1476037You should also agree to kill yourself for being a faggot. So chop chop shill boy get to it
>>1476113Isn't getting the government to pay your bills by forcing rich people to pay for it at the point of a gun "ripping people off"?
>>1474953So true xister, what we really need is more welfare for brown illegal aliens!
>>1476121>negotiate a raiseWith what leverage?>get a new jobWith what leverage?>or start a business.With what money?
>>1476002>Let me move the goalpostsTax cuts for the rich is trickle down, simple as.
