2025 was a black hole for jobs, the job market just cratered. 125,000 jobs created in a whole year is catastrophic for working people.
It really should be getting all the attention that inflation got under Biden. But that would take an independent media and we all know who owns the media.
I'm old enough to remember when Biden's economy was creating so many jobs that 300,000 plus was the norm and one month when over 300K were expected and we only got 188,000 it was "the biggest jobs miss ever" and it was a national story for weeks. 188,000 jobs in a month was painted as a crisis while Trump just added less than that in a whole freaking year and it's a blip.
Working people drive our economy, when the economy is producing no jobs, the economy is going to tank.
I believe firms absorbed the tariffs and did what they could to not pass price hikes along to consumers, but at the cost of forgoing expansions and investments that create new jobs and by laying people off. So inflation is still here, and about to get worse, but it wasn't as bad as it should have been, and instead the jobs market tanked.
The Biden economy worked because of the jobs creation. Millions of new jobs drove up wages in excess of what inflation was, we had an extended period of real wage growth for the Middle and lower classes. Working people actually got ahead under Biden, but it was never talked about because of the price of eggs. Working people are about to be buried under Trump, it's going to get very very bad.