Overall Economic Tone:
The U.S. economy is portrayed as weak and directionless outside of care services and elite tech.
Concerns over rising unemployment and false optimism in market data.
Real wages and job opportunities are declining for most people.
Topic: U.S. Job Market Collapse, Economic Manipulation, and Tech Sector Illusions 🇺🇸 #USA#USEconomy
Bad Jobs Report:
July’s U.S. job growth was drastically below expectations: only 73,000 jobs vs. an expected 112,000.
Criticism of Leadership:
Kevin O’Leary criticises Trump for firing the BLS head, calling it “banana republic” behaviour.
Even Trump supporters like Kevin O’Leary (Shark Tank’s “Mr. Wonderful”) oppose the firing, warning against attacking statisticians.