Trump second term disaster for economy

 

Headline and graph:  New York Times, 3/6/2025

Sydney Ember reports:

Hiring fizzled in February, a sign of unexpected weakness in the labor market that sent warning signs flashing through the broader economy. 

Employers slashed 92,000 jobs last month, the Labor Department reported on Friday, with losses cutting across nearly all major sectors. The unemployment rate ticked up to 4.4 percent. 

The report dimmed the picture of the labor market, injecting a surprising note of caution into an economy already reeling from chaos in energy markets brought on by the war in Iran and fresh unknowns over trade policy. And it all but foreclosed the prospect of a swift resurgence in job growth after an anemic year of hiring that was weighed down by economic uncertainty.

Related posts:

March 2026

Trump tariffs disrupt the plans of small businesses.  (3/5)

January-February 2026

Trump tariffs put many American manufacturing jobs at risk.  (2/28)

Trump economy is a shitstorm for farm implement manufacturers.  (2/24)

Trump and his advisers lied when they told us that the cost of  new tariffs would be paid for by foreign suppliers.  (2/13)

More examples of the damage done by Trump'S tariffs and trade wars.  (2/1)

Trump visits Iowa, causing farmers there to reflect on how badly he fucked them over in 2025.  (1/18)

Trump tariffs, trade war, and nativism trash U.S. economy in 2025.  (1/16)

December 2025

In his dreams, Trump sees an A+++++ economy.  (12/11)

Donald Trump dreams of pencils. (12/11)

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While Trump sleeps, many Americans  complain about the cost of living.  (12/4)

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November 2025

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Consumer confidence plunges 30% since Trump was elected to a second term.  (11/11)