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Disappointing Job Numbers?

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Posted By: Beardo, 8/7/2026 4:17:25 PM

It was reported this morning that the economy lost 23,000 jobs in July. That was considered disappointing, and appropriately so. However: in reality, this is part of an excellent long-term trend, as the Committee to Unleash Prosperity explains: The bad news: the economy lost 23,000 jobs in July. The good news: 53,000 of them were in government. The private sector gained 30,000 jobs. We’d call this right-sizing the economy.

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Reply 1 - Posted by: seamusm 8/7/2026 6:03:33 PM (No. 2136059)
No ONE reported this this morning in this same manner as what is truly good news and 'giant leap for mankind'. I hope to see the same trend play out over the next two years.
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Reply 2 - Posted by: snowoutlaw 8/7/2026 6:36:32 PM (No. 2136067)
When we aren't importing millions of illegals every month there doesn't need to be much job growth to keep up with births and retirements/deaths. Add in AI and other productivity improvements wages can and will grow so we can catch up to Biden's prices reducing the affordability issue.
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Disappointing Job Numbers? 2 replies
Posted by Beardo 8/7/2026 4:17:25 PM Post Reply
It was reported this morning that the economy lost 23,000 jobs in July. That was considered disappointing, and appropriately so. However: in reality, this is part of an excellent long-term trend, as the Committee to Unleash Prosperity explains: The bad news: the economy lost 23,000 jobs in July. The good news: 53,000 of them were in government. The private sector gained 30,000 jobs. We’d call this right-sizing the economy.
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