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BumRushDaShow

(160,061 posts)
Fri Sep 5, 2025, 04:35 PM Sep 5

As job market slumps, Trump administration says it could take a year to see better economic data

Source: Reuters

September 5, 2025 12:49 PM EDT Updated 3 hours ago


WASHINGTON, Sept 5 (Reuters) - The White House said it expects the Federal Reserve to weigh larger rate cuts this month after Friday's "disappointing" jobs report, while President Donald Trump and his administration said it could be a year before the U.S. sees rosier economic data.

"The main market expectation is 25 basis points. But I would guess that there would be an expectation, a discussion of a higher cut, but I wouldn't expect it to happen," White House National Economic Council Director Kevin Hassett told reporters at the White House after the Labor Department report showed weaker job growth in August and the unemployment rate rising to 4.3%.

Trump for months has been pushing the U.S. central bank to lower its benchmark rates, saying the cuts are needed to bolster his economic policies and fuel growth even as some critics have raised questions about threats to the Fed's independence. "Jerome 'Too Late' Powell should have lowered rates long ago. As usual, he’s 'Too Late!'" Trump posted on social media following the jobs data.

Friday's dim jobs data has raised some alarm bells and is seen likely to push Fed policymakers to seek to shore up the softening job market with at least a 25-basis-point rate cut when they meet September 16-17. "It's a little bit of a disappointing job number, but I pretty much expect it's going to revise up," Hassett told CNBC in a separate interview, citing the housing sector in particular.

Read more: https://www.reuters.com/world/us/job-market-slumps-trump-administration-says-it-could-take-year-see-better-2025-09-05/



In a year, it'll be a full-blown recession.

REFERENCE - https://www.democraticunderground.com/10143524396
39 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
As job market slumps, Trump administration says it could take a year to see better economic data (Original Post) BumRushDaShow Sep 5 OP
He just bought himself a year with the cult. -nt CrispyQ Sep 5 #1
Yep, Trump will fix it!! In the meantime, how about a Trump bible or meme coin. walkingman Sep 5 #10
How to destroy an economy.101 angryxyouth Sep 5 #21
I was waiting for the standard "two weeks" but I guess a year will work Ray Bruns Sep 5 #2
Hold on. He went to "Two YEARS" just yesterday underpants Sep 6 #27
'yeah, cuz making this stuff up is really hard it turns out.' pecosbob Sep 5 #3
Yeah, last month poor figures meant "fire the stats boss"; this month it's "our new loony economist is fine ... muriel_volestrangler Sep 5 #11
In fairness, it takes a long time to recover unblock Sep 5 #4
Trump and his clown parade have an endless supply of excuses C_U_L8R Sep 5 #5
Their excuses evolved yesterday to....Two....YEARS underpants Sep 6 #30
What happened to Day 1? badhair77 Sep 5 #6
Yeah, I thought it was supposed to be so easy, right? hamsterjill Sep 5 #16
Wow, trump may soon need his Epstein shit sandwich BOSSHOG Sep 5 #7
Bullshit. SamKnause Sep 5 #8
Reuters is a reliable source. When they write "his administration said it could be a year", you can Bernardo de La Paz Sep 5 #14
I never said Reuters is not a reliable source. SamKnause Sep 6 #25
Okay. If you want to avoid misunderstandings, then write clearly. . . . . nt Bernardo de La Paz Sep 6 #26
A simple thanks for the clarification would have been enough. SamKnause Sep 6 #28
Thank you for clarification. Suggestion for improvement delivered evenly without rancour is not rudeness. Bernardo de La Paz Sep 6 #31
I hope you are not a teacher. SamKnause Sep 6 #32
I had no problem figuring out what BULLSHIT meant in that post..... Bengus81 Sep 6 #34
Thank you. SamKnause Sep 6 #35
We are headed for a recession if we aren't already in one. OrlandoDem2 Sep 5 #9
Ouch Prairie Gates Sep 5 #12
We are entering stage 4 now. 1. It won't cost you. 2. It's costing a tiny bit for a little time. 3. Bernardo de La Paz Sep 5 #13
They're snorting pure cocaine if they think their actions will help the economy. cstanleytech Sep 5 #15
Wiz Imp takes down some more Admin (Labor Secretary) excuses and calls out the lies progree Sep 5 #17
But it will only take a month to see worst economic data. republianmushroom Sep 5 #18
The data a year from now will be worst ! kimbutgar Sep 5 #19
Recesssion? Who's going to gather the data? tclambert Sep 5 #20
So the effects of his presidency amcgrath Sep 5 #22
LMAO Mysterian Sep 6 #23
So much incompetence bmichaelh Sep 6 #24
A lifetime of kicking the can down the road C_U_L8R Sep 6 #29
I'm surprised Con Job Don didn't say 14 months, just in time to vote in the mid-terms Bengus81 Sep 6 #33
Translation: Recession on the horizon. sakabatou Sep 6 #36
Or it could take 3 1/2 years... Old Testament Libera Sep 6 #37
What happened to two weeks? Griefbird Sep 6 #38
Dems need to use this statement to ridicule him senseandsensibility Sep 6 #39

angryxyouth

(297 posts)
21. How to destroy an economy.101
Fri Sep 5, 2025, 11:38 PM
Sep 5

He took a strong economy and in only 9 months gave us the worst job #s. Worst GDP, inflation in years, falling dollar, lower credit rattling. Devastated the the poor and working poor as far as health coverage and nutrition. Destroyed our institutions, education, science, CDC and basically anything else the United States excels in, while destroying are standing in the world. And nothing in the plus column to help the US. He is raising our national debt by at least lets say $8 trillion. What a stupid fuck.

Ray Bruns

(5,592 posts)
2. I was waiting for the standard "two weeks" but I guess a year will work
Fri Sep 5, 2025, 04:47 PM
Sep 5

To find out Trump was once again talking out of his ass.

underpants

(192,940 posts)
27. Hold on. He went to "Two YEARS" just yesterday
Sat Sep 6, 2025, 09:27 AM
Sep 6

So they’ve gone from Golden Age to “BLS didn’t get good reporting” to “one year” (those were yesterday morning) to two years yesterday afternoon.

Trump says it’s still Biden’s economy but we should see an upward trend in about two years.

I guess he forgot that he’s been telling us that we’re in the Golden Age.


?s=46&t=3VBm1LJ8j8qLp6JTs_8J2A

muriel_volestrangler

(104,686 posts)
11. Yeah, last month poor figures meant "fire the stats boss"; this month it's "our new loony economist is fine ...
Fri Sep 5, 2025, 07:00 PM
Sep 5

... things might look bad for a year, but trust us, we can make it look good after that."

C_U_L8R

(48,049 posts)
5. Trump and his clown parade have an endless supply of excuses
Fri Sep 5, 2025, 04:58 PM
Sep 5

He's such an incompetent halfwit. How did he fail upwards so high?

underpants

(192,940 posts)
30. Their excuses evolved yesterday to....Two....YEARS
Sat Sep 6, 2025, 09:32 AM
Sep 6

So they’ve gone from Golden Age theme to “BLS didn’t get good reporting” to “one year” (those were yesterday morning) to two years yesterday afternoon.

Trump says it’s still Biden’s economy but we should see an upward trend in about two years.

I guess he forgot that he’s been telling us that we’re in the Golden Age.


?s=46&t=3VBm1LJ8j8qLp6JTs_8J2A

BOSSHOG

(43,672 posts)
7. Wow, trump may soon need his Epstein shit sandwich
Fri Sep 5, 2025, 05:04 PM
Sep 5

To distract from his economic shit sandwich. Gosh what went wrong?

Bernardo de La Paz

(58,319 posts)
14. Reuters is a reliable source. When they write "his administration said it could be a year", you can
Fri Sep 5, 2025, 07:23 PM
Sep 5

... you can believe that the regime said that.

Reuters is not bullshit.

SamKnause

(14,438 posts)
25. I never said Reuters is not a reliable source.
Sat Sep 6, 2025, 09:23 AM
Sep 6

I was calling bullshit on Trump.

If he continues with his economic policies the economy is not going to get better.

Bernardo de La Paz

(58,319 posts)
31. Thank you for clarification. Suggestion for improvement delivered evenly without rancour is not rudeness.
Sat Sep 6, 2025, 10:01 AM
Sep 6

What IS rude is a bald unadorned "Bullshit". The reader is left wondering why the poster needed to be so emphatic calling the Original Post bullshit.

I charitably gave you the benefit of the doubt and took it down a level and presumed you were instead calling the source bullshit.

SamKnause

(14,438 posts)
35. Thank you.
Sat Sep 6, 2025, 10:27 AM
Sep 6

I should have made my point clearer, but I thought the majority of people who post on this site would know what I meant.

OrlandoDem2

(3,090 posts)
9. We are headed for a recession if we aren't already in one.
Fri Sep 5, 2025, 06:14 PM
Sep 5

And with this one, inflation is gonna go up like a rocket once tariffs kick in - and it’s coming.

Bernardo de La Paz

(58,319 posts)
13. We are entering stage 4 now. 1. It won't cost you. 2. It's costing a tiny bit for a little time. 3.
Fri Sep 5, 2025, 07:19 PM
Sep 5

We are entering stage 4 of their con. Expect stage 4 to be the longest.

Here's how RepubliConners will play the con:

1. It won't cost you.

2. It's costing a tiny bit for a little time.

3. It's costing more but short time.

4. It costs a bunch and it will be a while but it's worth it. USA! USA! USA!

5. It's Obama's fault that the economy cratered.

https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3510321

progree

(12,300 posts)
17. Wiz Imp takes down some more Admin (Labor Secretary) excuses and calls out the lies
Fri Sep 5, 2025, 08:59 PM
Sep 5
https://www.democraticunderground.com/10143524396#post27

Oh, as far as fed rate cut expectations, before today's report it was 97% expectation of a quarter point or more cut on their Sept 17 meeting.

After the report: 100% of which 10.2% are expected a HALF point cut. (just now: 11.0%)
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

Before now and then, there is the producer price index report, the CPI, consumer sentiment, and retail sales reports coming out that will give the Fed some more to chew on.

kimbutgar

(26,001 posts)
19. The data a year from now will be worst !
Fri Sep 5, 2025, 09:16 PM
Sep 5

Last edited Sat Sep 6, 2025, 01:23 AM - Edit history (1)

and we'll be in a great depression.

The orange pedo felon bankrupts all his businesses and will do the same for our country. Sadly

tclambert

(11,170 posts)
20. Recesssion? Who's going to gather the data?
Fri Sep 5, 2025, 11:05 PM
Sep 5

If it's Trump flunkies, why bother with the whole annoying gathering data part? Just make up flattering numbers!

This is the new economics.

bmichaelh

(942 posts)
24. So much incompetence
Sat Sep 6, 2025, 02:27 AM
Sep 6

This is a pattern of behavior with Trump.

How many banks did he tell that phrase "better in a year" before he went bankrupt.

Once an idea gets into his head, no amount of data or reasoning will change it.

For example, in the 1980s, he and other USFL owners thought they could force a merger between USFL and NFL by moving their schedule to the fall.

It did not work like he said back then either.

Unfortunately, many people, some who did not vote for him will suffer.

What is supposed to happen in a year:?

Many things could change in a year.

We could have a healthcare crisis in a year due to RFK Jr's incompetence.

Has there ever been an administration showing so much incompetence in multiple departments.

C_U_L8R

(48,049 posts)
29. A lifetime of kicking the can down the road
Sat Sep 6, 2025, 09:31 AM
Sep 6

And the world still puts up with his bullshit. Come on !!!

37. Or it could take 3 1/2 years...
Sat Sep 6, 2025, 01:24 PM
Sep 6

Or it could be only next month if Trump's new appointee gets right on manufacturing the better data.

That is one way to bring back manufacturing!

senseandsensibility

(23,827 posts)
39. Dems need to use this statement to ridicule him
Sat Sep 6, 2025, 05:42 PM
Sep 6

Despite some recent developments, they are slow learners at the ridicule game. And there's so much to work with!!

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