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-   -   Utopian economic theory.... meet reality (https://www.askmehelpdesk.com/showthread.php?t=852041)

  • Aug 4, 2024, 02:37 AM
    tomder55
    Utopian economic theory.... meet reality
    Quote:

    Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears of a broader economic slowdown, the Labor Department reported Friday.


    Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3% (cnbc.com)


    New orders declined and the price of goods increased .

    "Near Stalling Of Production" - US Manufacturing Surveys Collapsed In July | ZeroHedge

    Still the Dems will state that they have done a great job in the last 3 + years managing the economy.

    The unexpected results of bad progressive polices are completely predictable.
  • Aug 6, 2024, 02:10 AM
    tomder55
    yesterday the markets reacting to reports of an impending US recession and unstable international news plunged .

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