The economy

[bdgan]

Good info.



The media is in full meltdown mode over the latest jobs report showing 92,000 non-farm jobs lost.

Cue the dramatic music. Economic apocalypse! Panic in the streets!

Except when you actually look at the numbers, the story changes pretty fast.

About 10,000 of those jobs were government employees.
An unknown number were NGO workers whose funding got cut off.
And the big one nobody in the headlines wants to mention:

Foreign-born employment is down more than 500,000 since Trump took office.

Meanwhile… native-born Americans with jobs are up by hundreds of thousands.

So yeah… if you slash bureaucracy and stop funding NGOs, the job count dips.

Washington losing payroll isn’t a recession.

It’s called cleaning house.
(article below)

I don't think there's any question that job growth has slowed quite a bit. I agree that a lot of that is fewer government jobs. I don't know how much is due to AI which isn't a republican vs democrat thing.

Slow job growth is a concern but one of the ways we achieved stronger growth under Biden was by spending and extra $3.5 trillion we don't have. I don't think that's the way to go.

 

[ANEW]

I don't think there's any question that job growth has slowed quite a bit. I agree that a lot of that is fewer government jobs. I don't know how much is due to AI which isn't a republican vs democrat thing.

Slow job growth is a concern but one of the ways we achieved stronger growth under Biden was by spending and extra $3.5 trillion we don't have. I don't think that's the way to go.

I work for a software company. CEO said recently that starting right now and into 2027 they are going to cut approx 50% of staff in product and development and customer service ( approx 30% of total headcount) due to AI.

 

[PawPride]

Someone made an *** of money and I bet lots lost their *** buying options hoping it was gonna keep running up

 

[nytigerfan]

I work for a software company. CEO said recently that starting right now and into 2027 they are going to cut approx 50% of staff in product and development and customer service ( approx 30% of total headcount) due to AI.

Never understood this logic from CEOs. Why demotivate your workforce by telling them they might get laid off next year? Better just to come in on a Monday morning and do it.

 

[ANEW]

Never understood this logic from CEOs. Why demotivate your workforce by telling them they might get laid off next year? Better just to come in on a Monday morning and do it.

They started that **** right after the announcement in the non-us part of our org. Had a bunch of people that got their computers locked up and got the escorted perp walk back to their desks and then out the door.

 

[firegiver]

I work for a software company. CEO said recently that starting right now and into 2027 they are going to cut approx 50% of staff in product and development and customer service ( approx 30% of total headcount) due to AI.

LOL good luck with that.

 

[dpic73]

Apparently it is hard for you.

1. Nobody is dis-incentivizing renewable energy. They just aren't providing as many incentives for wind and solar.
2. The fact Trump issued an executive order to boost nuclear power.
3. More money for wind and solar wouldn't do anything to lower gas prices.

LoL, tomato, Toe-ma-toe

• Executive Orders and Legislation: In July 2025, President Trump signed the "One Big Beautiful Bill Act," which rescinded several tax credits, incentives, and funding for renewable energy projects.
• Targeting Offshore Wind: The administration halted, paused, or revoked permits for several major offshore wind projects, citing "national security" concerns.
• Freezing Funding: The Department of Energy has canceled billions in federal grants for clean energy, including hydrogen and battery projects, often targeting projects in states that did not vote for him.
• Regulatory Changes: The EPA has moved to eliminate greenhouse gas emission standards for vehicles and is working to roll back rules on emissions from power plants.
• Tariffs: New tariffs on components have increased the cost of manufacturing renewable energy, such as wind turbines.

Let me try this again, this war of choice has shown us how vulnerable we are to rising gas prices, hence why it's a bad idea to do what Trump has done regarding renewables. Call it what you want.

 

[dpic73]

so dpic, there is always some reason why gas prices go up or down. It just seems a little duplicitous to claim that the reasons why during a republican administration are bad, but when it occurs during a democrat admin, it's ok, or there are good reasons.

Not taking a position, in both cases prices go up and then back down again, hopefully

Gas went to $5.00 a gallon under Biden due to Putin's war of choice.
Gas is high now due to Trump's war of choice.

What do you not get?

 

[dpic73]

this is hilarious. Who can we blame for gas averaging out at 3.60 during Bidens term? lol

The pandemic dumbass. Are low IQ magaloons the only ones who don't understand this simple fact?

 

[JohnHughsPartner]

The pandemic dumbass. Are low IQ magaloons the only ones who don't understand this simple fact?

Good god you’re an imbecile

“The national average gas price in July 2024 was approximately $3.50 to $3.52 per gallon, remaining relatively steady throughout the month. This was slightly lower than July 2023 prices ($3.597) and significantly lower than the 2022 summer peak.”

Still blaming COVID lol

 

[bdgan]

I work for a software company. CEO said recently that starting right now and into 2027 they are going to cut approx 50% of staff in product and development and customer service ( approx 30% of total headcount) due to AI.

Is your job at risk?

Starting right now doesn't sound like it's reflected in the historical numbers. I also wonder what "cut" means. Does it mean layoffs or does it mean allowing the headcount to fall through attrition?

I admittedly don't understand these things very well. I already have difficulty talking to a real customer service person. Everything is set up for people to find their own answers online. I already order fast food on my app before picking it up at the dive thru. I realize that things will become increasingly automated but I struggle to believe companies will need 100 people today but only 50 people tomorrow.

 

[bdgan]

Never understood this logic from CEOs. Why demotivate your workforce by telling them they might get laid off next year? Better just to come in on a Monday morning and do it.

Maybe a courtesy to employees? Maybe to motivate them to leave on their own so they don't have to pay severance?

 

[dpic73]

Good god you’re an imbecile

“The national average gas price in July 2024 was approximately $3.50 to $3.52 per gallon, remaining relatively steady throughout the month. This was slightly lower than July 2023 prices ($3.597) and significantly lower than the 2022 summer peak.”

Still blaming COVID lol

Summer blends are always more expensive JinxyPuss, especially at the height of travel season.

Current average gas prices in March 2026 are generally lower than in July 2024 due to a combination of seasonal factors, increased global oil supply, and improved fuel efficiency.

• Summer vs. Winter Blends: July 2024 prices reflected the use of summer-grade gasoline, which is more expensive to produce because it must be formulated to prevent evaporation in high temperatures. Current March prices benefit from the cheaper-to-produce winter-blend fuel still in circulation in many regions.
• Increased Oil Production: Global oil supply has grown faster than demand. Both OPEC+ and non-OPEC producers (like the U.S. and Brazil) have increased output significantly since 2024, putting downward pressure on crude oil prices.
• Declining Demand: U.S. gasoline demand has flattened or fallen since 2024. This is largely attributed to increasing vehicle fleet efficiency and the rising adoption of electric vehicles.
• Seasonal Travel Trends: July is the peak of the summer driving season, when demand for fuel is at its highest due to vacation travel. By contrast, March demand is typically lower, though it is currently starting to rise as spring travel begins.

 

[bdgan]

LoL, tomato, Toe-ma-toe

• Executive Orders and Legislation: In July 2025, President Trump signed the "One Big Beautiful Bill Act," which rescinded several tax credits, incentives, and funding for renewable energy projects.
• Targeting Offshore Wind: The administration halted, paused, or revoked permits for several major offshore wind projects, citing "national security" concerns.
• Freezing Funding: The Department of Energy has canceled billions in federal grants for clean energy, including hydrogen and battery projects, often targeting projects in states that did not vote for him.
• Regulatory Changes: The EPA has moved to eliminate greenhouse gas emission standards for vehicles and is working to roll back rules on emissions from power plants.
• Tariffs: New tariffs on components have increased the cost of manufacturing renewable energy, such as wind turbines.

Let me try this again, this war of choice has shown us how vulnerable we are to rising gas prices, hence why it's a bad idea to do what Trump has done regarding renewables. Call it what you want.

So what? You're pretty good at looking up left wing things to post but you're not so good at using your head.

Gas prices wouldn't be lower if the government was subsidizing offshore windmills.

 

[dpic73]

So what? You're pretty good at looking up left wing things to post but you're not so good at using your head.

Gas prices wouldn't be lower if the government was subsidizing offshore windmills.

I'm not talking about this one moment in time dude. Are you aware of the word future? It matters too.

 

[JohnHughsPartner]

Summer blends are always more expensive JinxyPuss, especially at the height of travel season.

Current average gas prices in March 2026 are generally lower than in July 2024 due to a combination of seasonal factors, increased global oil supply, and improved fuel efficiency.

• Summer vs. Winter Blends: July 2024 prices reflected the use of summer-grade gasoline, which is more expensive to produce because it must be formulated to prevent evaporation in high temperatures. Current March prices benefit from the cheaper-to-produce winter-blend fuel still in circulation in many regions.
• Increased Oil Production: Global oil supply has grown faster than demand. Both OPEC+ and non-OPEC producers (like the U.S. and Brazil) have increased output significantly since 2024, putting downward pressure on crude oil prices.
• Declining Demand: U.S. gasoline demand has flattened or fallen since 2024. This is largely attributed to increasing vehicle fleet efficiency and the rising adoption of electric vehicles.
• Seasonal Travel Trends: July is the peak of the summer driving season, when demand for fuel is at its highest due to vacation travel. By contrast, March demand is typically lower, though it is currently starting to rise as spring travel begins.

Mr no kings has an excuse for everything. It’s the summer’s fault lol

 

[dpic73]

Mr no kings has an excuse for everything. It’s the summer’s fault lol

It's a crime that you get to share the same air with the rest of us.

 

[ANEW]

Is your job at risk?

Starting right now doesn't sound like it's reflected in the historical numbers. I also wonder what "cut" means. Does it mean layoffs or does it mean allowing the headcount to fall through attrition?

I admittedly don't understand these things very well. I already have difficulty talking to a real customer service person. Everything is set up for people to find their own answers online. I already order fast food on my app before picking it up at the dive thru. I realize that things will become increasingly automated but I struggle to believe companies will need 100 people today but only 50 people tomorrow.

Nah my job isn't at risk. I dont' do code or tech troubleshooting. I'm customer success/client experience or whatever you want to call it. I have a portfolio of customers, some permanent, some temp (for me) I serve as a go to guy, point of escalation or whatever. I herd cats internally and coordinate action plans for unhappy customers. 100% remote. It's a great gig overall as i get ready to slide into permanent retirement.

They already let some folks go. But i, like you, am skeptical that you can reduce that much and still keep everything the same from a service to customers standpoint. It is easy to see though how AI will revolutionize how software is built and bugs fixed.

 

[JohnHughsPartner]

It's a crime that you get to share the same air with the rest of us.

View attachment 1213694

Ditto. Do you know how retarded you sound ?
2021 gas prices - “pandemic”
2022 gas prices - “pandemic”
Early 2024 gas prices - “Russia”
Mid/late 2024 gas prices - “Summer”

 

[baltimorened]

They started that **** right after the announcement in the non-us part of our org. Had a bunch of people that got their computers locked up and got the escorted perp walk back to their desks and then out the door.

seems like that would be a worse way to do it

 

[dpic73]

Ditto. Do you know how retarded you sound ?
2021 gas prices - “pandemic”
2022 gas prices - “pandemic”
Early 2024 gas prices - “Russia”
Mid/late 2024 gas prices - “Summer”

Do you know how ridiculous you sound flailing around to somehow find a way to make this all Biden's fault without providing a shred of evidence that directly points to him? Oil is a global commodity driven by worldwide supply and demand with prices dictated by global economic conditions, consumption rates and global geopolitical disruptions.

Now just stfu and go back to your play-doh so we don't have to keep bantering with you about things you don't understand - you're way too simple for the rest of us and it's annoying to have to stoop to your level.

 

[JohnHughsPartner]

Do you know how ridiculous you sound flailing around to somehow find a way to make this all Biden's fault without providing a shred of evidence that directly points to him? Oil is a global commodity driven by worldwide supply and demand with prices dictated by global economic conditions, consumption rates and global geopolitical disruptions.

Now just stfu and go back to your play-doh so we don't have to keep bantering with you about things you don't understand - you're way too simple for the rest of us and it's annoying to have to stoop to your level.

Yea dumba$$, it had nothing to with ..

Clean energy
Keystone Pipeline
New Drillimg

Did it?

Even he took partial blame, so shut up and sit the phuck back down, b!tch

 

[dpic73]

Yea dumba$$, it had nothing to with ..

Clean energy
Keystone Pipeline
New Drillimg

Did it?

Even he took partial blame, so shut up and sit the phuck back down, b!tch

OMFG your simpleton understanding of issues is exasperating for the rest of us.

The Keystone pipeline wasn't even operational at the time and the crude it would be transporting to the Gulf Coast would have been for foreign markets, not to increase domestic supply. Experts agree that this would have had no effect on gas prices.

How did clean energy cause the cost of OIL to go up? Explain it to me like I'm 5 please.

The United States achieved record-high crude oil production under the Biden administration, averaging 12.9 million barrels per day (b/d) in 2023 and surpassing 13 million b/d in 2024, eclipsing previous records. Production on federal lands has continued to grow, with the administration approving a high volume of drilling permits. https://www.eia.gov/todayinenergy/detail.php?id=63824

Key details regarding domestic drilling and production:

• Production Record: The U.S. is producing more oil than any country in history, with 2024 production expected to average roughly 13.2 million b/d, U.S. Energy Information Administration (EIA) data shows.
• Permitting: The Biden administration has approved more oil and gas drilling permits on federal land in its first three years compared to the same period under the Trump administration.
• Project Approvals: Despite environmental goals, the administration approved major projects like ConocoPhillips' Willow project in Alaska, say The Conversation authors.
• Drivers: Increased production is driven by technological efficiencies and industry responses to high prices, alongside leases approved during the Trump administration, notes The Conversation.

Facts for Dummies

Damn you're dumb.

 

[bdgan]

I'm not talking about this one moment in time dude. Are you aware of the word future? It matters too.

You're just scrambling to cover up for a ridiculous post. Your exact words: "at a time when gas prices are soaring due to the decisions of this administration, it's a bad time to also dis-incentivize renewable energy"

You said nothing about the future.

More corporate subsidies for offshore windmills would create some jobs but at a huge expense to taxpayers. It would have virtually no impact on gas/oil prices.

Oil is currently $79/bll (soaring)

 

[dpic73]

You're just scrambling to cover up for a ridiculous post. Your exact words: "at a time when gas prices are soaring due to the decisions of this administration, it's a bad time to also dis-incentivize renewable energy"

You said nothing about the future.

More corporate subsidies for offshore windmills would create some jobs but at a huge expense to taxpayers. It would have virtually no impact on gas/oil prices.

Oil is currently $79/bll (soaring)

Sigh

 

[baltimorened]

Do you know how ridiculous you sound flailing around to somehow find a way to make this all Biden's fault without providing a shred of evidence that directly points to him? Oil is a global commodity driven by worldwide supply and demand with prices dictated by global economic conditions, consumption rates and global geopolitical disruptions.

Now just stfu and go back to your play-doh so we don't have to keep bantering with you about things you don't understand - you're way too simple for the rest of us and it's annoying to have to stoop to your level.

In that vein, does that mean the spike in prices now is a global issue and not a trump one?

 

[dpic73]

In that vein, does that mean the spike in prices now is a global issue and not a trump one?

The Strait of Hormuz IS a global issue caused by Trump's war of choice.

Thank you for your attention to this matter.

 

[JohnHughsPartner]

OMFG your simpleton understanding of issues is exasperating for the rest of us.

The Keystone pipeline wasn't even operational at the time and the crude it would be transporting to the Gulf Coast would have been for foreign markets, not to increase domestic supply. Experts agree that this would have had no effect on gas prices.

How did clean energy cause the cost of OIL to go up? Explain it to me like I'm 5 please.

The United States achieved record-high crude oil production under the Biden administration, averaging 12.9 million barrels per day (b/d) in 2023 and surpassing 13 million b/d in 2024, eclipsing previous records. Production on federal lands has continued to grow, with the administration approving a high volume of drilling permits. https://www.eia.gov/todayinenergy/detail.php?id=63824

Key details regarding domestic drilling and production:

• Production Record: The U.S. is producing more oil than any country in history, with 2024 production expected to average roughly 13.2 million b/d, U.S. Energy Information Administration (EIA) data shows.
• Permitting: The Biden administration has approved more oil and gas drilling permits on federal land in its first three years compared to the same period under the Trump administration.
• Project Approvals: Despite environmental goals, the administration approved major projects like ConocoPhillips' Willow project in Alaska, say The Conversation authors.
• Drivers: Increased production is driven by technological efficiencies and industry responses to high prices, alongside leases approved during the Trump administration, notes The Conversation.

View attachment 1213826


Facts for Dummies

Damn you're dumb.

Here ya go, retard.
Your keystone argument is crap and you know it. You can copy/paste from whichever bullsh!t left leaning source you want, but it could’ve had short term effect

How Biden's Clean Energy Policies Influenced Gas Prices:
Restricting Supply (Leasing & Permitting): Policies to reduce oil and gas leasing on federal land were seen as creating a long-term deterrent for investment in fossil fuel production, which critics claim reduced production capacity.
Pipeline & Infrastructure Decisions: The cancellation of the Keystone XL pipeline and other regulatory actions are often cited as limiting transport capacity and hindering investment in fossil fuel infrastructure.
Regulatory Pressure & "ESG" Focus: A shift toward environmental, social, and governance (ESG) standards, alongside "whole-of-government" environmental regulations, is accused of discouraging investment in refining and drilling, leading to lower supply.
Reduced Long-Term Investment: The emphasis on transitioning to renewable energy created uncertainty, causing industry players to avoid committing to expensive, long-term fossil fuel projects, tightening supply

 

[baltimorened]

The Strait of Hormuz IS a global issue caused by Trump's war of choice.

Thank you for your attention to this matter.

ok, thanks, just wanted to make sure

 

[JohnHughsPartner]

 

[JohnHughsPartner]

 

[PawPride]

Been a volatile couple of days for WTI, but ignoring the erroneous tweet from Sec Wright that caused prices to plummet, pricing seems to have maintained hovering around $85/bbl which is pretty solid considering the after hours chaos from earlier this week.

 

[dpic73]

Here ya go, retard.
Your keystone argument is crap and you know it. You can copy/paste from whichever bullsh!t left leaning source you want, but it could’ve had short term effect

How Biden's Clean Energy Policies Influenced Gas Prices:
Restricting Supply (Leasing & Permitting): Policies to reduce oil and gas leasing on federal land were seen as creating a long-term deterrent for investment in fossil fuel production, which critics claim reduced production capacity.
Pipeline & Infrastructure Decisions: The cancellation of the Keystone XL pipeline and other regulatory actions are often cited as limiting transport capacity and hindering investment in fossil fuel infrastructure.
Regulatory Pressure & "ESG" Focus: A shift toward environmental, social, and governance (ESG) standards, alongside "whole-of-government" environmental regulations, is accused of discouraging investment in refining and drilling, leading to lower supply.
Reduced Long-Term Investment: The emphasis on transitioning to renewable energy created uncertainty, causing industry players to avoid committing to expensive, long-term fossil fuel projects, tightening supply

Dude, you're just dumb, you are, and why didn't you link your information so I could see where you got it?

The Keystone pipeline would have carried a type of gooey petroleum that's hard to refine and transporting it through that pipeline presented a potential for environmental disaster that Biden didn't want to risk, but that doesn't mean we aren't still receiving that oil through other avenues like existing pipelines, rail and tankers. Altogether, this tar sands oil would amount to less than 1% of the world's supply and it would have had a negligible effect on oil prices. Fact.

Again, we produced a record amount of oil in Biden's term - do I need to say that again?

Could the Keystone XL pipeline help lower U.S. gas prices?

As prices at the pump surge, GOP leaders see the suspended oil pipeline as a solution. But the answer isn't so simple.

www.cbsnews.com

https://www.nrdc.org/stories/what-keystone-xl-pipeline#map

High gas prices falsely attributed to Keystone XL cancellation

False. The Keystone XL crude oil pipeline wasn’t yet operational when it was canceled in 2021, and wasn’t expected to be running until 2023.

apnews.com

 

[TigerGrowls]

Gas went to $5.00 a gallon under Biden due to Putin's war of choice.
Gas is high now due to Trump's war of choice.

What do you not get?

Due to 10+ million illegal immigrants buying a lot of gas and telling the oil companies you are shutting them down is the truth.

 

[TheValley91]

We gonna talk about how the job market continues to shrink or has that already been brought up?

 

[dpic73]

Who will be getting fired?



"US job numbers were revised down by another -4,000 jobs in January and -65,000 in December.

This brings the December reading down to -17,000, marking the 5th contraction over the last 9 months.

Since January 2024, there have been downward revisions in 24 out of 25 months.

US labor market data is more unreliable than ever."

 

[tigres88]

Due to 10+ million illegal immigrants buying a lot of gas and telling the oil companies you are shutting them down is the truth.

This dude is getting so close to parody we should label him as a satire account

 

[TigerGrowls]

This dude is getting so close to parody we should label him as a satire account

The lib brainwashing goes deep so a normal point of view is seen as parody.

 

[LafayetteBear]

Oil is in the $80s today

The price per barrel is yo-yoing quite a bit. A lot of that is due to the varying and often contradictory pronouncements coming out of Trump's mouth. The news that Iran is mining the Strait of Hormuz could well have an effect on prices tomorrow. Trump telling oil tanker owners that they need to simply "have some guts" and recommence sending their tankers (which are big, slow moving targets) through the Strait of Hormuz is pretty funny.

 

[TigerGrowls]

The price per barrel is yo-yoing quite a bit. A lot of that is due to the varying and often contradictory pronouncements coming out of Trump's mouth. The news that Iran is mining the Strait of Hormuz could well have an effect on prices tomorrow. Trump telling oil tanker owners that they need to simply "have some guts" and recommence sending their tankers (which are big, slow moving targets) through the Strait of Hormuz is pretty funny.

You know the oil brokers are price gouging at this time with this opportunity. Multiple reports have stated that oil ships have been moving through the strait for days with transponders off. This will settle down at some point though.