March Pre-Tariffs Economics - Forum by Three Retired Teamsters

March Pre-Tariffs Economics

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  • Gary Witlen
    Member
    • Jul 2024
    • 44

    #1

    March Pre-Tariffs Economics

    In the hope that voters will evaluate the Trump administration based on actual facts when the mid-term elections occur in 2026, rather than PR spins and fabrications, here are the most recent actual key economic statistics that should be of interest to middle class workers

    New Unemployment claims:
    1/20/25 +201,000
    2/23/25 +213,000
    3/31/25 +219,000 Total Claims 1.9 million
    Unemployment rate:
    1/25 4.1%
    2/25 4.0%
    3/25 4.2%
    CPI (annual): These reflect the prior month’s prices
    1/25 +2.9%
    2/25 +3%
    3/25 +3.1
    Gas (nat. ave.)
    1/25 $3.09
    2/25 $3.07
    3/25 $3.17
    Diesel (nat. ave.)
    1/25 $3.60
    2/25 $3.63
    3/25 $3.68
    New Jobs
    12/24 +256,000
    1/25 +143,000
    2/25 +140,000
    3/25 +228,000
    Average hrly earnings (annual)
    2024 +3.9%
    Eggs (nat. ave.)
    1/25 $3.37
    2/25 $4.95
    3/25 $4.90
    Daily Payments for Government Contracts with Musk’s companies $8,000,000.00
    Fun Fact: Off limits to the DOGE slashing are golf courses on military bases, of which there are 243 worldwide and 146 in the US. The cost of maintaining these critical defense facilities was reported to be $140,000,000 in 2014. That’s more than the budgets for FMCS and ILAB, the DOL program that combats child labor and human trafficking.
    Speaking of golf, Trump spent 13 out of the first 48 days in office playing golf in Florida. The cost of each trip has been conservatively estimated at $4,400,000, based on actual numbers reported during his first term.
  • Graveyard
    Senior Member
    • May 2023
    • 112

    #2
    The Trump Slump

    Stock Market.png

    Comment

    • NYNick
      Senior Member
      • Sep 2024
      • 136

      #3
      I am amazed at the lack of response from MAGA supporters who have lost thousands In their 401K’s and put their pensions jeopardy.

      Comment


      • O'Brien'satraitor
        O'Brien'satraitor commented
        Editing a comment
        Most of his supporters don't have 401(k)'s. They're the low wage, very low information voter's. They're like the David Koresh cult. He tells them what they should think and they repeat it. The ones that do are the millionaires and billionaires who are buying up stock at these low prices and will make even more money when the stocks come back. Meanwhile, they're not worrying about money.
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