• jacksilver@lemmy.world
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    18 days ago

    I mean look at the stock market, customer sentiment, etc. Everything is pointing down and we haven’t started to see the unemployment that’s going to be brought on from all the government layoffs and attempts to rescind grants/contracts.

    I think the next jobs report is going to be painful and we won’t see anything positive economically for a while after that.

    • floofloof@lemmy.ca
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      18 days ago

      I expect the Trump government will prioritize cuts that make it difficult to get accurate data about the effects of the cuts.

      • V7r_KfqL@midwest.social
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        18 days ago

        This is the entire point of the deferred resignation program being offered to Federal workers. It keeps people from being able to claim unemployment and pushes the true jobless numbers out into the next fiscal year (October) at the earliest. Now, why do you think they don’t want the real pain point for the American people to be until after they’ve raised the debt ceiling and cut taxes on billionaires?