top | item 47060244

(no title)

b40d-48b2-979e | 11 days ago

    Looking at job numbers
That is a wild take given the recession we're basically in from bad US policy like tariffs.

discuss

order

JoelMcCracken|11 days ago

I’m not in favor of these tariffs. At all. However, it seems that they haven’t had such an impact yet on the economy, at least regarding consumer prices. You’d expect much larger inflation given the tariffs IIUC.

My current understanding of the general consensus is that many companies have been eating the tariffs with the hope SCOTUS will strike them. If they are upheld, prices will likely rise significantly

NoLinkToMe|11 days ago

Actually job numbers are depressed (hiring recession) and GDP numbers are still way up, both precisely due to the AI investment. More output with fewer people.

Wild take to cite a recession when last quarter growth was 4.4%.

b40d-48b2-979e|11 days ago

"The economy" is not GDP.