USA Hits India & China

Trump’s H1b Visa 100k fee will increase the cost of doing business in America, which means a smaller economy and less jobs. It also incentivizes companies to offshore labor rather than use people in the U.S. who spend some of their salaries in-country.

https://www.youtube.com/watch?v=nOpw1nTJzxI

Jerome Powell says the Gen Z hiring nightmare is real: ‘Kids coming out of college…are having a hard time finding jobs’

Jerome Powell says the Gen Z hiring nightmare is real: ‘Kids coming out of college…are having a hard time finding jobs’

https://www.yahoo.com/news/articles/jerome-powell-says-gen-z-212422015.html

The Perverse Incentives for Snitch-Tagging Teachers Who Criticized Charlie Kirk

“Public employees have robust protections against being fired for such speech, unless it proves exceptionally unpopular.
This feature of First Amendment jurisprudence, and the bad incentives it creates for cancel culture campaigns, is on full display following the horrific assassination of Charlie Kirk last week…

In a country where some 22 million civilians are employed by the government, the pool of people who’ve made nasty comments about Kirk naturally includes some public sector workers…

At first blush, this would suggest that even government employees who explicitly praised Kirk’s assassination have First Amendment protections against being fired for that speech, however distasteful.

Whether or not they can, in fact, be fired turns on how much their comments disrupt government operations.

Consequently, the more outrage that can be directed at a particular public worker’s employer, and the more of a headache retaining that worker becomes as a result, the less the First Amendment will protect them from losing their job.

That creates a powerful, toxic incentive to gin up anger at individual government workers as a means of erasing First Amendment protections they have for off-the-job speech…

Kirk was undoubtedly a polarizing figure. The strong feelings, both negative and positive, that he elicited in people are one reason his murder has become such a huge public conversation.

It’s inevitable in that context that some people will say intemperate, mean-spirited things about the man.

It’s foolish to trust online snitch-taggers to be judicious in determining who they’re going to try to get fired, particularly when the more outrage they can generate serves to route around First Amendment protections for government workers’ speech.”

https://reason.com/2025/09/16/the-perverse-incentives-for-snitch-tagging-teachers-who-criticized-charlie-kirk/

A Bad Jobs Report

“Though job growth was low, layoffs were also relatively low. That said, people who have been fired or laid off have struggled to get back on their feet: “The number of people with continued unemployment claims has been elevated since April,” reports The New York Times.”

https://reason.com/2025/09/05/a-bad-jobs-report/

MAGA Economics Is Losing

“When you look at the sectors of the economy that were supposed to benefit from Trump’s economic policies, however, the news gets significantly worse. The manufacturing sector lost 12,000 jobs during the month of August and 78,000 over the past year, according to the data released Thursday by the Department of Labor.

Over the past three months, during which Trump’s tariffs have been in full swing, the manufacturing sector is down 31,000 jobs. Other blue-collar sectors like construction and mining are down over that same period.

All three sectors figure to have been negatively affected by Trump’s tariffs, which (contrary to the administration’s claims) have hit American businesses with huge new taxes on parts, raw materials, equipment, and more. Like with any big tax increase, one way businesses can offset those costs is by hiring fewer people or postponing new investments and expansion. That’s exactly what manufacturing firms say they have been doing.”

https://reason.com/2025/09/05/maga-economics-is-losing/

People are getting fired for allegedly celebrating Charlie Kirk’s murder. It looks like a coordinated effort

There’s an active organized effort to find, report, and spread widely messages and posts that are perceived as negative toward Charlie Kirk’s death, and then try to get people fired. This makes concerns about cancellation look terribly hypocritical. Many of the people are now being harassed and threatened.

https://www.yahoo.com/news/articles/people-getting-fired-allegedly-celebrating-193945578.html

The Largest Jobs Revision Ever — What It Means for the U.S. | Prof G Markets

One reason BLS statistic revisions are so large is because it is underfunded. Trump funding it even less isn’t going to help this.

Another problem is that businesses are not responding to surveys.

https://www.youtube.com/watch?v=GcdANjLeny8

Ugly August Jobs Report Rattles Wall Street | Prof G Markets

Trump has 33 tech leaders over, and they all suck his dick like he’s a vain dictator.

What’s the point to gaining that much power and wealth if they are just going to bend over for a vain, capricious, and rule-breaking ruler?

Jobs numbers aren’t good, indicating a weak economy. Especially young people are having trouble getting jobs, indicating companies aren’t ready to expand with inexperienced people given the economic and political uncertainty. Of course, the economic uncertainty is mostly driven by bad White House policy.

Manufacturing jobs are down. Manufacturing business leaders say tariffs are the cause of less manufacturing jobs. They can’t plan with the tariff created uncertainty. Trump’s tariffs are weakening manufacturing, not strengthening it.

Most job growth was in education, healthcare, and government, meaning sectors that often don’t reflect economic growth.

https://www.youtube.com/watch?v=HL3p1e8a8so

Tariffs Begin Taking a Bite out of the Economy

“Even as some Republicans mocked economists for predicting prices would rise as a result of tariffs, there was a whistling-past-the-graveyard quality to the snickering. Yes, tariffs that had been threatened, delayed, and only partially implemented hadn’t yet much increased costs for consumers, but there were clear signs that importers were rushing to beat high customs duties, and that trouble was on the way. Now we’ve had a weak jobs report and a higher-than-expected producer price index (PPI), and it’s clear that tariffs perform just as we were warned: They raise prices for domestic businesses and consumers.”

https://reason.com/2025/08/20/tariffs-begin-taking-a-bite-out-of-the-economy/

Trump’s Tariffs and Japan Deal Could Encourage Toyota To Move Manufacturing Jobs Out of America

“With a series of short-sighted tariff maneuvers, the president has effectively told Toyota (and other Japanese carmakers) that it should do more of its manufacturing in Japan and stop trying to create jobs in America.

Earlier this week, President Donald Trump announced a new trade deal with Japan that will include a 15 percent tariff on Japanese goods, including imported cars. The details of the deal remain somewhat vague, but that’s a significant discount compared to the 25 percent tariff the administration has imposed on cars imported from everywhere else.

The reduced tariffs for Japanese cars are significant because of how that provision interacts with the Trump administration’s other trade policies that are aimed at making it more expensive to manufacture cars in the United States. The president has imposed a 50 percent tariff on steel and aluminum (both of which are essential for automakers) and has slapped a 25 percent tariff on imported cars and car parts. Those tariffs are already dinging the profits of American carmakers—General Motors reportedly lost more than $1 billion in the second quarter of the year—and auto industry experts say they will raise prices, reduce demand for new cars, and generally make American cars less globally competitive.

In short, the Trump administration is offering an incentive to import finished cars from Japan, while making it more expensive to buy the stuff you need to build cars in America.

Ultimately, the problem here is not the specific tariff rates the Trump administration is seeking to charge on steel, car parts, or cars imported from Japan or Mexico. (Those rates are likely to change anyway, if the past few months of the trade war are any indication.)

No, the real problem here is the Trump administration’s belief that it can use tariffs to shape the global trading system toward contradicting goals with no tradeoffs or distortions. In reality, each new tariff move causes both. The market responds to incentives, and right now, the Trump administration is creating a set of incentives that will raise costs for American manufacturers while driving investors overseas.”

https://reason.com/2025/07/25/trumps-tariffs-and-japan-deal-could-encourage-toyota-to-move-manufacturing-jobs-out-of-america/