The Layoff Wave Hits: 1.1 million Job Cuts and an Economy on the Brink
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Oof, got some rough economic numbers that we have to go over here. Layoff announcements have topped 1.1 million this year. This is the most since the pandemic. Okay, announced job cuts from US employers more than 1 million for the year in November. As of November. Worse.
since COVID. Manufacturers shrink for the ninth month in a row, the ISM finds. Tariffs hurt sales and kept a lid on hiring. Business conditions remain soft as a result of higher costs from tariffs. The government shut down and increased global uncertainty.
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these both of these stories.
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Stupid CI told you so moments we told you exactly what was going to transpire what was going to take place based upon these policies and I don’t take any satisfaction whatsoever in being right in these things. I really don’t because the country is hurting right now. I’m hoping that we’re going to see some policy changes moving forward.
I don’t know if the president is aware, but I hope that the people surrounding him are aware, actually aware of what’s going on on the street. Now they don’t say that. Kevin Hassett yesterday on Fox News and, well, it was due to the Schumer shutdown and people were worried about that. to this 1.1 million over the course of your bad manufacturing numbers. Unless this is just polls, man. 4 % of the people out, this is a Fox poll.
4 % think the economy is excellent. 21 % think it’s good. 34 % think it’s fair. 42 % think it’s poor. 62 % think it’s Trump’s economy. 32 % think it’s Biden’s economy. Yet you got Scott Besson and they keep going out and they keep telling us that everything’s awesome or magically, magic, we’re gonna hit the new year.
Happy New Year! Yep, all of a sudden January 1st things are be awesome. They’re actually saying that. What? Because no tax on tips? Come on, man. Come on. There’s that line, what’s it called? The beatings will stop. The beatings will stop when morale improves.
You know, basically the administration right now with the various different pundits that they’ve got going out is like the bullshit’s going to continue to flow until morale improves. We’re going to keep we’re going to be talking trash telling you everything is awesome. And all of a sudden you agree with what we have to say. Come on, guys. I want you to do well, but what’s going on is not acceptable, not acceptable. You have to change tact. Watchdog on Wall Street.
