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Trump Vindicated
by Jobs Slump; Powell Humiliated

Original Article

Posted By: JoElla Bee, 8/2/2025 11:18:14 AM

The July jobs report was a disaster for the American worker, the U.S. economy, the Federal Reserve, and Jerome Powell. But it was also a vindication for Donald Trump, for dissenting Fed Governors Christopher Waller and Michelle Bowman, and for a private sector economist named Neil Dutta. With payrolls rising by just 73,000 and prior months revised down by a stunning 258,000 jobs, the data confirmed what critics have warned for months: the Fed’s overly tight policy has weakened the labor market. It’s hard to imagine a sharper rebuke to Jerome Powell’s complacent view of the labor market.

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Reply 1 - Posted by: chagrined 8/2/2025 12:44:45 PM (No. 1985773)
FTA: "Or more precisely, blame Powell’s stubborn refusal to admit that high real rates were unduly inflicting harm on the labor market." The only thing Powell is being stubborn about is feigning nonpartisanship so as to continue to sabotage the Trump economy. He propped up Tater Head through 2024 by lowering the rates. He will probably be against lowering the rate next meeting too.
18 people like this.

Reply 2 - Posted by: ladydawgfan 8/2/2025 12:50:19 PM (No. 1985776)
If it is doable, Powell needs to be fired forthwith!! Appoint someone to the position who knows what they are doing and who is willing to work with President Trump.
20 people like this.

Reply 3 - Posted by: LC Chihuahua 8/2/2025 12:57:34 PM (No. 1985780)
Total US debt currently stands at 105 trillion. That house of cards looks remarkably unstable. Are you sure you want to take on more debt?
7 people like this.

Reply 4 - Posted by: bpl40 8/2/2025 1:30:51 PM (No. 1985804)
And the infuriating part is Powell seems to be taking orders from those intent on doing us harm. These are extraordinary times. I say, fire him!
18 people like this.

Reply 5 - Posted by: DVC 8/2/2025 3:58:39 PM (No. 1985829)
Humiliation requires a conscience......Powell doesn't have one.
8 people like this.

Reply 6 - Posted by: mobyclik 8/2/2025 4:12:05 PM (No. 1985840)
Anyone know if he can be flat-out fired? If not, why not?
5 people like this.

Reply 7 - Posted by: Rumblehog 8/3/2025 6:50:22 AM (No. 1985950)
No matter what happens, Jerome Powell will be a "darling" of the DC cocktail circuit for many years to come. The "DC Swamp Critter Cabal" always welcomes snipping, corrupt, narcissistic egoists into their predatory hierarchy, so long as they're, "Democrat Administration-friendly."
4 people like this.

Reply 8 - Posted by: privateer 8/3/2025 7:37:11 AM (No. 1985964)
Perhaps what is needed is to remand the Creature from Jekyll Island to the abattoir.
4 people like this.

Reply 9 - Posted by: felixcat 8/3/2025 8:48:21 AM (No. 1985984)
I believe it was Charles Payne on his Fox Business show who recently (and I paraphrase) said that the Federal Reserve has always been about keeping Wall Street happy and wealthy - not Main Street.
3 people like this.

Reply 10 - Posted by: Krause 8/3/2025 9:32:04 AM (No. 1986006)
Powell is the Joe Biden of the Fed Loathsome.
1 person likes this.

Reply 11 - Posted by: Zigrid 8/3/2025 9:40:12 AM (No. 1986012)
Oh well!!...WE know what Powell is all about!!...time to check his building permits for the renovation on his building....
1 person likes this.

Reply 12 - Posted by: danu 8/3/2025 4:55:57 PM (No. 1986153)
this puny little tosser has never succeeded at anything except failure. he fails for the right ppl, offering the right money. his financials could do with a colonoscopy. even his kremlin monument to himself is trillions over budget and untold years from completion. we also suspect it is riddled with many glaring tell-tale signs of the failures --of a failed man... reminiscent of the old steve martin parody: *shoulda won a grammy being buried in his jammies....King Tut...heee's an Egyptian.
0 people like this.

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