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Johnny2X2X

(24,107 posts)
7. This is awful and working people are getting hammered
Fri Mar 13, 2026, 09:35 AM
Friday

The tariffs caused firms to cut costs, they did so by forgoing hiring and expansion. They delayed buying new equipment or training employees. All the things that create jobs and drive growth got shelved so they could continue to import goods without having to raise their prices too much.

That's exactly how you get a whole year of virtually zero new jobs. 125,000 jobs for all of 2025. And the corporate media still largely ignores it. I remember one month where Biden was crushing it with job growth so much that 188,000 jobs added was viewed as a crisis since 300,000+ were expected. 188,000 jobs in a month got ten times the negative coverage that 125,000 jobs in a whole year is getting.

Biden handed over a booming economy that was producing millions of jobs and delivering the biggest and longest period of real wage growth for working people in generations. Trump willfully blew it to pieces and there is no way out of it now. Working people are going to suffer for years.

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