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. ... 

The unemployment level is up almost 1 million since January under Donald Trump

 982k to be exact.


 

Trump keeps boasting that trillions of dollars are coming into the country to rebuild manufacturing, but the data show big declines in constructing spending on manufacturing

 



Manufacturing jobs have contracted by 58k under Trump

 


Shiller pe ratio above 40 for the first time since 1999-2000

 



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.



 

 

Mad King Ludwig is literally suffering from hysteria, where everything he doesn't like becomes terrorism and fentanyl becomes a weapon of mass destruction


 

 Executive Order Labels Fentanyl "Weapon of Mass Destruction"

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

The initial reporting on Rob Reiner's murder is like Pravda

Mad King Ludwig: Everything has to be about me

 





Stroke victim John Fetterman continues to be the clearest thinker about a two-state solution for Israel

 

Trump has attacked the Houthis, Iran, and is assembling an armada against Venezuela as we speak, but fantasy world dweller Scott Greer says the future of the GOP isn't about foreign policy

The Old Guard Is Not the Right’s Future

  ... 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. ...

 
The alt-right fringe is now acceptable at The American Conservative, and in the line-up at Real Clear Politics, all of which have become completely incoherent, including on the primacy of fiscal policy, which is the cause of, and the solution to, all the ills now afflicting the young people Greer would speak for.
 
Reagan authored those ills, and Trump has double-downed on them.

 

Gold is back above $4,300 this morning and silver made a new record $64.65 on Friday

 CNBC here.

This is just awful

 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. ...

 

You just knew this would be the response in Australia

 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.