(July 2025) Blowout June Payrolls: 147K Jobs Added, Smashing Expectations; Unemployment Rate Drops

I agree it is awful, but I’m not surprised he does it. The issue is many in business, or some centrists create narratives to themselves that yeah, he does some inappropriate stuff but on balance they like what he does. But he keeps pushing the limit and most of those people keep rationalizing it away, until at some point they’ve lost control.

I think now many are factoring to do whatever they have to survive over the next 3.5 years, just put up with it, look the other way, kiss his ass, pay him off, etc. The problem is after 4 years of just tattering the system, how recoverable is it. If a Republican wins I doubt they are going to rush to put things back the way they were.

 

Yeah, as I mentioned earlier, if there are no costs to messing with the money, firing Powell, manipulating economic information, American capitalism is cooked. We'll just live in a heavily militarized gangster state with nukes and lots of religious people with no concept of reality, so SuperRussia, basically.

 

You leftists with your this time it will work BS are tiresome.

 

I went into the future and got the August job numbers already.

 

You’re 100% correct. But this one was so brazen, so reckless and dangerous, even by his standards, that it stunned me.

 

If you want job security, get into healthcare. Over the last 3 months we added 204K healthcare jobs. We lost 93K jobs everywhere else. When you think about it, tariffs and AI won't affect healthcare jobs nearly as much as most other industries. You can't import nursing. And with an aging population the demand for healthcare keeps increasing.

 

It's a temporary boost that will last 15-20 years. When the boomers die off, the demand for healthcare will drop significantly as Gen X is much smaller.

Better to invest in healthcare, ride the wave and sell once you hit the peak in 8-10 years.

 

It is kind of a boiling frog scenario. People become numb to it. Each increase has an increasing level of temporary shock, but then people seem to adapt to it and accept it. Then something positive happens and people think maybe on balance he’s not so bad.