SMF - Just Installed!
Quote from: DKG on August 08, 2025, 10:15:48 AMForeign investment is flooding in. Major firms are building again. Democrats are scrambling to bury the story before it buries them in 2026.Old Trump has the US on a solid foundation moving forward. Conman Carney has us in quick sand.
The Department of Labor reported on August 1 that the U.S. unemployment rate ticked up slightly in July to 4.2%. Employers added just 73,000 jobs — well below the 110,000 economists had projected.
Democrats pounced immediately.
Yes, the July jobs report was underwhelming. But it was far from catastrophic.
The 4.2% unemployment rate in July 2025 is the same as it was in July 2024 — and in March, April, May, August, and November of last year. The rate has held steady for months. In what way is that "crashing our economy"? That's called consistency.
By contrast, unemployment rose significantly during President Biden's final year in office. In July 2023, the rate was 3.5%. A year later, just before Biden dropped out of the 2024 race, it had climbed to 4.2%.
The fact is, Trump didn't inherit a strong economy. He got Biden's inflation, stagnation, and policy uncertainty. So what we're seeing now is more of a course correction, not a crash.
Signs of progress
According to the Bureau of Labor Statistics, full-time employment has grown by 1.1 million over the past 12 months. Layoffs in July were down 15% year over year.
Gross domestic product also rebounded. The Commerce Department reports that U.S. economic output rose 3% in the second quarter of 2025, reversing a 0.5% contraction in the first.
None of this suggests economic free fall. It suggests recovery.
Meanwhile, the Trump administration has brokered major trade agreements with key global players and secured historic investment deals — moves that will pay off in the years ahead.
Japan pledged to invest $550 billion in U.S. industries, and Saudi Arabia agreed to $600 billion in new investments. In May, the United Arab Emirates agreed to more than $200 billion in commercial deals, on top of a $1.4 trillion commitment earlier this year to back emerging technologies.
Domestic investment is ramping up
American companies are also stepping up in response to Trump's pro-business regulatory agenda.
Apple this week reached an agreement with the White House to commit another $100 million to domestic manufacturing. This follows the tech giant's announcement in February of plans to spend more than $500 billion in the U.S. over four years, focusing on operations in Arizona, California, Iowa, Michigan, Nevada, and North Carolina.
IBM pledged $150 billion over five years.
Quote from: DKG on August 08, 2025, 10:15:48 AMForeign investment is flooding in. Major firms are building again. Democrats are scrambling to bury the story before it buries them in 2026.I was skeptical of tariffs as a tool to reindustrialize America. I am much less skeptical today. And I am even becoming supportive of them.
The Department of Labor reported on August 1 that the U.S. unemployment rate ticked up slightly in July to 4.2%. Employers added just 73,000 jobs — well below the 110,000 economists had projected.
Democrats pounced immediately.
Yes, the July jobs report was underwhelming. But it was far from catastrophic.
The 4.2% unemployment rate in July 2025 is the same as it was in July 2024 — and in March, April, May, August, and November of last year. The rate has held steady for months. In what way is that "crashing our economy"? That's called consistency.
By contrast, unemployment rose significantly during President Biden's final year in office. In July 2023, the rate was 3.5%. A year later, just before Biden dropped out of the 2024 race, it had climbed to 4.2%.
The fact is, Trump didn't inherit a strong economy. He got Biden's inflation, stagnation, and policy uncertainty. So what we're seeing now is more of a course correction, not a crash.
Signs of progress
According to the Bureau of Labor Statistics, full-time employment has grown by 1.1 million over the past 12 months. Layoffs in July were down 15% year over year.
Gross domestic product also rebounded. The Commerce Department reports that U.S. economic output rose 3% in the second quarter of 2025, reversing a 0.5% contraction in the first.
None of this suggests economic free fall. It suggests recovery.
Meanwhile, the Trump administration has brokered major trade agreements with key global players and secured historic investment deals — moves that will pay off in the years ahead.
Japan pledged to invest $550 billion in U.S. industries, and Saudi Arabia agreed to $600 billion in new investments. In May, the United Arab Emirates agreed to more than $200 billion in commercial deals, on top of a $1.4 trillion commitment earlier this year to back emerging technologies.
Domestic investment is ramping up
American companies are also stepping up in response to Trump's pro-business regulatory agenda.
Apple this week reached an agreement with the White House to commit another $100 million to domestic manufacturing. This follows the tech giant's announcement in February of plans to spend more than $500 billion in the U.S. over four years, focusing on operations in Arizona, California, Iowa, Michigan, Nevada, and North Carolina.
IBM pledged $150 billion over five years.
Quote from: Biggie Smiles on October 14, 2024, 06:32:47 PMthat alone shows you the contempt he has for herIf Trump is victorious, don't be surprised if Biden says what he really thinks of Harris and the underhanded way they took away his nomination for a second term.
Quote from: Thiel on October 14, 2024, 06:32:00 PMBiden has been extending a helping hand to his political foes. Harris has been using the tragedy to try and score political wins.
Quote from: Biggie Smiles on October 14, 2024, 06:17:26 PMWe can give praise when praise is earnedBiden has been extending a helping hand to his political foes. Harris has been using the tragedy to try and score political wins.
whereas a rodent scumbag like a Pig or the Twig would bad mouth trump for saving their own sordid and worthless lives
https://www.foxnews.com/politics/did-not-expect-that-gop-rep-luna-speaks-out-after-meeting-biden-hurricane-response
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