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U.S. added 911k fewer jobs in year through March than reported earlier

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Re: U.S. added 911k fewer jobs in year through March than reported earlier

#382

First, political commentary should be regulated, especially from these moron podcasters! What the hell do they know? They are angry and out with an agenda!! Just to make their living from barking instead of doing a meaningful/real job. Also, I'm not sure why it's allowed to have someone come from SA/Zimbabwe and comment on posts of US political candidates. Now coming to the Right! I believe they are the single bigges…

I legitimately can't tell if this is satire. > First, political commentary should be regulated Who does the regulating? The current Trump regime? Huge first amendment violation > come from SA/Zimbabwe and comment on posts of US political candidates. Because those posts are being made on a private platform. Are you sure you want something worse than UK's Ofcom proving your American identity just to speak? > It should…

> I legitimately can't tell if this is satire.

Mine was not, but yours definitely felt like it.

> Who does the regulating? The current Trump regime? Huge First Amendment violation

When you are running a YouTube channel or anything similar with millions of subscribers or even a few thousand, you are no longer an individual; in fact, you become just a news channel at that point. FCC has rules [0] for news channels, and those rules should apply to these unhinged political podcasters as well.

License Revocation: In extreme cases, the FCC has the power to revoke the station's broadcast license.

In other words, work with the firm (Meta\Google) to get that channel suspended.

Alternatively, let people add facts. I don't think YouTube does that currently.

> Are you sure you want something worse than UK's Ofcom proving your American identity just to speak?

What's wrong with only allowing citizens and residents to comment on their country's political matters?

[0] https://www.fcc.gov/media/radio/public-and-broadcasting

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#383

Earlier quoted context omitted.

He goes completely off the rails in the very first sentence: It is no longer a secret that stocks, like bonds, do poorly in an inflationary environment. Does it get better?

Why do you think that sentence is wrong? Hint: What time period do you think he's talking about?

He's talking about a time period when the stock market was in the doldrums and inflation was high. Right now inflation is considered high (even though it isn't really, historically) and the stock market is berserk.

And why wouldn't the stock market be considered a valid investment in the presence of inflation? Where else are you supposed to park your cash if you want to outperform TIPS? Remember that in the 1970s there basically was no retail stock market compared to what we have now, where everyone and their dog has a 401(k) and trading is basically free.

Even if valid, his point doesn't seem relevant. It is going to be hard to apply any lessons from the 1970s to what we're facing now, when incompetent and erratic policymakers are driving the US economic picture rather than external influences like OPEC and Viet Nam. (And if we thought OPEC was a malevolent cartel, just wait'll the rest of the world starts forging its own trade agreements without inviting us to participate.)

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#384
post #315

Earlier quoted context omitted.

Those are bad things. It doesn't mean there aren't other contributors to our economic challenges.

So where’s your list of these “other contributors“? People answered your question, and your response was “wrong, try again.”

Debt cycles would be one example that's not a policy decision. https://youtu.be/SoKr0QVCLPA?si=kKcXNetb-kAPr1S8

Edit: having said that, "these economic problems are ENTIRELY the result of bad policies". That's a very bold claim, which warrants some strong evidence. No one has provided any strong evidence that it's ENTIRELY from bad policies.

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#385
post #314

Earlier quoted context omitted.

Those are bad things. It doesn't mean there aren't other contributors to our economic challenges.

At this point I think the ball is in _your_ court to start suggesting reasonable cofactors.

He’s not going to if he’s already done this “actually you’re wrong but I won’t tell you why” comment in defense of this admin multiple times.

God at least back in the day partisan hacks tried to hide it a little bit

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#386
post #384

Earlier quoted context omitted.

So where’s your list of these “other contributors“? People answered your question, and your response was “wrong, try again.”

Debt cycles would be one example that's not a policy decision. https://youtu.be/SoKr0QVCLPA?si=kKcXNetb-kAPr1S8 Edit: having said that, "these economic problems are ENTIRELY the result of bad policies". That's a very bold claim, which warrants some strong evidence. No one has provided any strong evidence that it's ENTIRELY from bad policies.

Re: your EDIT - fair enough, thanks for the additional information.

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#387

Earlier quoted context omitted.

"key goods" is doing a lot of heavy lifting in that statement.

"Biden years" is doing even more work. The suicide cultists generally ignore the trillions in helicopter money that was dumped into the economy under Trump's "watch", right when we were also dealing with supply shortages. It took a few years for the economy to start moving and that new money to go from asset prices into consumer prices, right in time for short memories to blame JOEBIDEN.

Well obviously it was Bidens fault for not dealing with the initial Covid outbreak in 2019

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#388

Earlier quoted context omitted.

[flagged]

You should reexamine your media diet, because it has you believing absolutely insane things.

Well, you should stop being evil and rather be specific and unambiguous in what you are communicating instead of the vile sort of things you are doing; that is only if you want to demonstrate you are operating from a place of good faith and earnest sincerity.

The absence of such specificity in general correspondence following such is both admission and confession.

Most of what was said is strongly supported by established facts. What you say is just your hollow-opinion and downvote power to muzzle.

As far as I can tell you are simply play-acting and utilizing common tactics found in political warfare, what most people call "Identity Politics" or political nullification, where you label someone as part of a group falsely, and then use that group as false justification to disregard/nullify anything they may say in their defense while continuing to criticize and gaslight through distorted reflected appraisal you create in a purposeful trauma loop.

Just so you know, if you haven't figured it out yet I'm at a point where downvotes aren't going to muzzle me because you don't muzzle truth and rational thought and remain a good person.

The circumstance described is ironically distinctly different though seemingly similar from risk management in existential situations given the absence of information but presence of strong indicators supporting a likelihood (children often are just like their parents). There are many places where recognizing nuance is important.

While I conveyed a risk assessment, you are doing so with the effect to attack the person exercising their rights to convey truths through speech and idea. I find that morally bankrupt and reprehensible.

Be specific about what you call people, and the things you call insane, most would say this reasoning is quite conservative given the risk, known knowns and known unknowns that directly go to character, and by extension outcome.

We live in a world of mutually assured destruction, what happens when crazy people call the rational people crazy, purge them, and get themselves into a position to push that proverbial button. MAD doesn't work under the irrational and insane. Its far easier to destroy than to create, and evil people don't even realize that is what they are doing through small, mindless but iterative action ever marching forward to a single unthinkable outcome. Extinction is a very real possibility that few deeply consider the ramifications of.

Discerning people fact check for credibility both with words and in context, and liars of the most vile kind eventually must pay the piper in the consequences they set in motion through their own choices and action. The same goes for platforms that through design choice of systems, emerge outcomes that discard truth/reason promoting disunity, falsehoods and deception. There's a reason there's a growing movement of people leaving HN.

The crazies often don't recognize that they are crazy unfortunately, and they certainly don't base their communications or reasoning on objective measurable support or established facts.

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#389

Amazing how many here are so quick to lay the job numbers from last year at Trump's feet.

To be fair I guess, the way the article is titled goes out of its way to mislead. It would be quite easy to say "Added 911,000 fewer jobs from March 2024 to March 2025" or "the year starting in March 2024", but they are clearly aiming to deflect from the Biden admin by implying last year's revisions are the fault of the administration inaugurated in January 2025. Judging by the comments here, it worked marvelously.

> last year's revisions

To be clear, these are this administration's revisions, about what happened in the previous administration.

They also don't have much credibility. One problem with firing the economist running the BLS for reporting numbers the administration didn't like, and replacing her with a political loyalist is that no one will take the numbers the BLS reports seriously anymore.

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#390

Earlier quoted context omitted.

How long were supply chains back then? 2-5 nodes in a typical case? I'm not saying publishing of statistics is what caused this shit to happen dingus. I'm saying focusing on it exclusively is dumb and it is wiser to look at a granular level. We can't look at this level because once you have a 150 node supply chain how trustworthy are the receipts? What if your body had a metric as dumb as our high level economic metr…

I think you have a point, at the resolution of personal liability shit is and has been cooked. Without being able to hold people to account for their misdeeds, misdeeds are de facto allowed and especially when you can obfuscate information. It's Goodhart's law in action, the sector looks good because we're shooting for targets in a heuristic measure but the reality is glum. Worse is when fundamentals are [effectively…

Thank you. I don't know if my point is any good but you understood what I was trying to get across with my general frustration with how our economy is managed and discussed.
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