#economicfailure — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #economicfailure, aggregated by home.social.
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Monthly job growth falls over 70%, unemployment hits 4-year high. US employers added 22,000 nonfarm jobs in Aug., down from 79,000 in Jul. Meanwhile, the unemployment rate rose from 4.2% to 4.3%, its highest since 2021.
I wonder why?……🤔
The Labor Department's August jobs report comes after President Donald Trump responded to July's report by firing its lead economist over accusations of inaccurate data. #trumptax #tarifftax #inflation #stagnation #economicfailure #maga
https://abcnews.go.com/Business/bls-set-release-1st-jobs-report-trump-fired/story?id=125249122 -
Why Socialism Fails: A Misesian Perspective - Socialism, despite its promises of equality and social welfare, inherently fails d... - https://news.bitcoin.com/why-socialism-fails-a-misesian-perspective/ #centralizedplanning #economiccalculation #learningandinsights #resourceallocation #economicfailure #economictheory #ludwigvonmises #misallocation #marketprices #economics #socialism