October 2025 is missing.
Thursday, December 18, 2025
Trump's energy price fantasies last night: Gasoline is $2.50 in much of the country, other energy prices will fall dramatically
Gasoline averages $3.22, and average prices for electricity and natural gas rose in November from September.
The Trump Regime wants you to believe that core cpi inflation dropped from 3.01% year over year in September to 2.63% in November, lower than April's 2.77% and lower than at any point since 2021
October 2025 is missing.
The BLS remains in the hands of an acting commissioner since Trump fired McEntarfer in August.
Trump says inflation has stopped in last night's speech, but what stopped was their collection of the inflation data
Do you remember when COVID hit and Trump said we should just stop testing to make it go away?
So fast forward to today where we get another chart crime, this one for the consumer price index which omits the month of October, and another dose of skepticism about the Trump Regime's honesty about government data.
They warned us they would do this, too, even though during the first Trump Regime they collected both the employment and the inflation data during the 2018-2019 government shutdown.
This is all deliberate obfuscation.
... 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.
Wednesday, December 17, 2025
Congress has authorized no such expenditure by the president and they've already left town for the Christmas holiday
... “And the checks are already in the mail,” he said. ...
Federal employment is now down 271k since January, almost 9% vs. the 75% promised by Elon Musk
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.
The Trump-Limbaugh dumb ass unemployment rate holds at 37.56% in November 2025
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!
Tuesday, December 16, 2025
White House Press Secretary Komrade Karoline lies about foreign born employment, says foreigners took 100% of the jobs under Biden
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.
Palmer Luckey and all his fellow billionaires have to be taxed punitively on their foreign investments and their ordinary income in order to reindustrialize America
Make sure you tell him when he complains that he has to stop measuring such things in dollars.
Not the Golden Age AT ALL: The percentage of Americans working full time in November 2025 collapsed to 48.82%
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.
Speaking of not doing enough, the lazy bums in the Trump administration aren't producing October data because of their ridiculous government shutdown, giving us chart crimes like the one below . . .
. . . 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.
This article in liberal VOX is a great defense of the metric called Gross Domestic Product
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.
Monday, December 15, 2025
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