Gasoline averages $3.22, and average prices for electricity and natural gas rose in November from September.
Gasoline averages $3.22, and average prices for electricity and natural gas rose in November from September.
October 2025 is missing.
The BLS remains in the hands of an acting commissioner since Trump fired McEntarfer in August.
Do you remember when COVID hit and Trump said we should just stop testing to make it go away?
... Because the October CPI was canceled, Thursday’s report did not have all the usual data points of a typical CPI release. The BLS said it was unable to retroactively collect the October data, but did use some “nonsurvey data sources” to make the index calculations.
Economists may be hesitant to read too much into this report as the start of a downward trend in inflation because of the lack of October comparison data in the release. ...
More here.
Employment by state governments is down 47k through November.
Employment by local governments is up 130k.
That means employment by government at all levels is down 188k net . . . to 23.4 million nationwide lol.
103.165 million were eating but not working in November 2025.
Many of these people were over 65 and under 20, but I don't make the rules criticizing the lazy people of the United States. Rush Limbaugh and Donald Trump made that rule before the 2016 election. It is a dumb rule because elites like them screwed this economy for working people but they blame the people for giving up. The rule deserves to be trumpeted because those miserable hypocrites stopped talking about it as soon as Trump became president the first time. It continues to demonstrate how they have never understood what the hell they were talking about.
In Realville, the official unemployment rate rose to 4.6% from the recent low at 3.4% in April 2023 under Joe Biden, an historic low not seen since 1969. Rising unemployment off the lows like this is widely taken for a recession indicator, but initial claims for unemployment have averaged just 213k weekly in 2H2025, which is historically very, very low.
On the other hand, people not in the labor force but who want a job now has spiked, excluding the COVID episode, to levels last seen in 2016 during the long painful unwind of the Obama unemployment of the Great Recession, a level which before that was a rare outlier. That's an indicator of stress in the economy right now, which supports the view that we are building to a recession.
Meanwhile the country overall remains chronically underemployed with just 48.82% with a full time job, when as many as 9 million more full time jobs could easily exist if this economy were truly booming as it has in the past.
The shock of the November jobs report is that all of the full time jobs added since January, some 2.1 million, plus some, have simply evaporated, most of them in October and November.
Poof!
Foreign born employment increased 6.5 million under Joe Biden, Jan 2021-Jan 2025.
Native born employment increased 7.5 million.
That's 46.4% for the foreign born, not 100%.
No one asks who hired them.
No one asks why we aren't going after those employers.
No Republican repudiates this obvious lying.
Make sure you tell him when he complains that he has to stop measuring such things in dollars.
Eight Novembers under Bush 43 saw 51.6% working full-time on average, and under Bill Clinton 52.0% which today would mean 8.7 million more working full time than do.
. . . in which full time employment falls 1.606 million from 135.708 million in September 2025 to 134.102 million in November 2025.
What a bunch of complete losers.
The only number that really matters
... GDP tells you how much resource-generating capacity you have by looking at how much you are doing right now. ...
And as you know if you read posts here labeled GDP, we aren't doing enough.
GDP today would be DOUBLE what it is if the compound annual growth rate of GDP from the Great Depression to 1984 had simply continued on its trajectory after 1984, but it didn't.
Meanwhile, the steady decline in capacity utilization in the post-war tells you why.
Reagan administration policy prescriptions were only temporarily successful at staving off the trend lower.
Among its biggest mistakes was lowering ordinary income tax rates because those punitive rates had forced the wealthy to invest their money in American productive capacity in order to get preferential long term capital gains tax rewards from those investments.
Instead like FOOLS we gave them low tax bills on ordinary income, and they promptly took the surplus gains and invested them in low labor cost foreign lands.
Middle classes were created abroad in the millions where there were none before, at the expense of ours here in America.
Ronald Reagan wanted us to believe that it's our money and we know best what to do with it.
WE DON'T.
... Republicans are less likely now to back NATO and other international commitments. Republicans are not as greatly concerned with foreign affairs as think tankers are. It was ranked near the bottom of issues that 2024 voters cared about. ... Obsessing over fiscal policy, advocating for more foreign interventions, and being willing to capitulate on immigration is not a winning formula either in the GOP primaries or for a general electorate. ... [David] French, unlike other Never Trumpers, has given up on the GOP entirely. He thinks it’s Trump’s party now and for the foreseeable future.
He’s obviously right. Only an America First candidate, not a Paul Ryan type, can hold the coalition together. ...
Rob Reiner, wife dead in homicide at Brentwood home; police interview family member
... A source who was not authorized to speak publicly about the ongoing investigation but had knowledge of the investigation confirmed that there was no sign of forced entry into the home. The source also said that the Reiners had injuries consistent with being stabbed.
The sources said that some time after the attack, one of the couple’s children found them and law enforcement was called. ...
Australia to tighten gun laws after Bondi Beach Hanukkah massacre
The Muslim father and son alleged shooters reportedly owned six firearms legally under the already severely restricted laws since 1996 which have reduced firearm ownership in Australia to 25% of households.
The shooters' rampage went on for many minutes before police arrived to engage and stop them, in widely shared video on the site formerly known as Twitter.
AI says about 813k Muslims live in Australia, where over four million legal, registered firearms are owned by civilians in the country of 27.5 million.
... The incident has raised questions whether Australia’s gun laws, among the toughest in the world, need overhaul, with police saying the older suspect had held a firearms license since 2015, along with six registered weapons. ...
Two flags of militant group Islamic State were found in the gunmen’s vehicle, ABC News said, without citing a source. ...
Jews number about 150,000 of Australia’s population of 27 million, with about a third estimated to live in Sydney’s eastern suburbs, including Bondi.
The US under Trump is demanding pieces of Ukraine's economy, and Russia has already taken pieces of its land.
This whole business is a dirty joke, rewarding Russia for its aggression and turning a blind eye to its myriad war crimes.
... “From the very beginning, Ukraine’s desire was to join NATO, these are real security guarantees. Some partners from the US and Europe did not support this direction,” he said in answer to questions from reporters in a WhatsApp chat.
“Thus, today, bilateral security guarantees between Ukraine and the US, Article 5-like guarantees for us from the US, and security guarantees from European colleagues, as well as other countries — Canada, Japan — are an opportunity to prevent another Russian invasion,” Zelenskyy said.
“And it is already a compromise from our part,” he said, adding that the security guarantees should be legally binding. ...
... The NSS finally says out loud what many of us have argued quietly: proximity shapes power. If the United States wants to compete with China—economically, technologically, militarily—it must simultaneously secure the space in which its own republic exists. A great power does not project strength globally while hemorrhaging authority regionally. China seems to get this instinctively. It does not confront nuclear competitors while tolerating cartel rule on its own doorstep. ...
China is the principal global source for the world's fentanyl and methamphetamine precursors which fuel the cartels in Mexico and in China's own backyard in Myanmar, Laos, and Thailand, which also supply China with its own heroin and opium.
Illegal drugs are a key weapon China deploys against the West, but Trump's new, awful, stupid National Security Strategy couldn't care less.
And Trump is about to prove it again next week when he reclassifies gateway drug marijuana as Schedule III instead of Schedule I.
The National Debt these deficits increase stands at $38.35 trillion.
And people accuse Wall Street of short-term thinking.
Republicans in Congress knew that they would be blamed in Blue states and lose even bigger next November.
Expect this executive overreach to be challenged in court.
But what it really does is get the meddlesome Trump off their backs, whether jobs are flagging or not. Jobless claims have averaged a very, very low sub-227k in 2025.
We had a few dozen billionaires in the Reagan era. Now we have hundreds.
Growth of GDP, percent change, annual, rolled over after 1984, inaugurating a new period of lower trendline growth in the economy.
You're not wrong to feel poorer.
Just look at the trend lines for the data in this chart from before 1984 and after 1984. The change is glaring. The money which used to go into the economy to grow it has gone straight into the pockets of the rich.
Meanwhile Trump had one year in 2018 at 5.32% and he thinks he's God's gift to humanity, when Bush 43 did better in 2004-2006 at 6.64, 6.72, and 5.95.
Doddering old Joe Biden comes along and averages 8.22 for four years and what do Democrats do but throw him under the bus.
It's enough to make you scream.
Link.
Link.
Link.
Link.
Pete is nothing if not a shapeshifter like most of the people around Trump who were against him before they were for him.
That's another OMG, and it's not even lunch yet on this snow-packed 4-degree F second Monday of December.
"We'd better get rid of it . . . by then".
OMG.
And you thought Nick Fuentes was the turd in the Republican punchbowl.
Hegseth risked ‘potential harm to US pilots’ in using Signal to discuss strikes: Report
... “The Secretary sent nonpublic DoD information identifying the quantity and strike times of manned U.S. aircraft over hostile territory over an unapproved, unsecure network approximately 2 to 4 hours before the execution of those strikes,” the report states.
“Using a personal cell phone to conduct official business and send nonpublic DoD information through Signal risks potential compromise of sensitive DoD information, which could cause harm to DoD personnel and mission objectives.” ...
“Although the Secretary wrote in his July 25 statement to the DoD OIG that ‘there were no details that would endanger our troops or the mission,’ if this information had fallen into the hands of U.S. adversaries, Houthi forces might have been able to counter U.S. forces or reposition personnel and assets to avoid planned U.S. strikes,” the report concluded.
“Even though these events did not ultimately occur, the Secretary’s actions created a risk to operational security that could have resulted in failed U.S. mission objectives and potential harm to U.S. pilots.” ...
The speech is here.
Unfortunately the numbers don't lie. Shortly after that speech, economic growth rolled over definitively. I think Reagan said what he said because serious people around him were telling him we were in big trouble (1982) and he didn't want to believe it. It was a denial of reality, similar to the denial of reality so typical today from Donald Trump.
Michael W. Green (@profplum99) describes in a recent essay in great detail many of the ways in which we are indeed poorer, especially people who have to live in New Jersey and work in New York, in his "My Life is a Lie" here.
The essay resonates mostly with people in the top 20%, which certainly doesn't include YT. But I found it very interesting, however, for how it starts off resting on the mistaken assumption that we have "healthy GDP growth". It is Green's unquestioned and fatal premise, no different than Reagan's or Trump's before him.
We do not have healthy GDP growth now, nor have we had it for a long time, at least not commensurate with a population which has grown by 106 million since 1984.
The compound annual growth rate for GDP from 1929 to 1984 was 6.869%, but through 2024 has fallen 26% to 5.079%.
"Well, that doesn't sound so bad", you say.
Well, the 5.079% rate has given us GDP of $29.3 trillion through 2024.
But at the 6.869% rate we would have GDP of $60.4 trillion, $31.1 trillion more than we do, more than twice as much again.
We have multiple new generations who expected the 1984 fairy tale who are now on the receiving end of 50% less than what might have been.
Solving this growth problem has been the number one aspiration of many on the right year in and year out, but no one has delivered on it. The current pack are not conservatives. They've given up. They are simply hyenas, feasting off the flesh of the wounded, of whom there are more than ever.
![]() |
| The roll over of GDPA CAGR in 1981 was retested in 1984 (black line) |
Sure, sure, a pro-Trump anarchist.
I'm glad we got that cleared up.
... While in custody, Cole confessed to planting the pipe bombs, which did not detonate, two sources familiar with his interview with the FBI told MS NOW. ...