In 2025, it could have been plain sailing for Donald Trump.
As The Economist wrote in late 2024, he inherited an economy that was "the envy of the world."
He didn't have to do much to keep the "Biden Boom" going,
Instead, he quickly sent the economy into a "Trump Tailspin."
And things keep getting worse.
"710,000 more people are unemployed now versus November 2024," says economist Heather Long.
Trump may be a corrupt psychopath with an "alcoholic's personality."
But let's not forget he's also incompetent, lazy, and stupid.
Although many 2024 voters chose to later block it from their minds, Trump's mismanagement of the Covid pandemic not only caused hundreds of thousands of preventable deaths. It also turned 2020 into the worst year ever for the US economy.
I wrote back then that Trump was "the dumbest person America could have picked to lead us through these complicated times."
The day after the 2024 election I predicted that, this time around, "Trump’s incompetence, laziness and stupidity won’t save us."
Less than a year into Trump's second term, that same incompetence, laziness and stupidity — as well as his psychopathic recklessness — have plunged America into an affordability crisis and a jobpocalypse that are poised to get much worse in the months ahead.
His dementia and physical woes aren't helping.
When he's not sleeping through the crisis he's created, Trump's denying it's happening
Fox News may allow Team Trump to claim otherwise. But today's jobs report confirms the Trump jobs crisis has become a disaster.
As economist Heather Long noted: "Almost no jobs have been added since April.... I believe it's a combination of tariff impacts, AI, and cost cutting. Americans are feeling it."

Professor Justin Wolfers tweeted: "All told, the headline numbers suggest VIRTUALLY NO EMPLOYMENT GROWTH since April ('Liberation day')."

And Joseph Politano showed why all of Trump's promises to US workers are out the window:
The US is losing blue-collar jobs for the first time since the pandemic—year-on-year job losses have hit 65k as manufacturing, transportation, & mining industries lose jobs at a rapid pace while growth in construction has nearly zeroed out

Trump's approval on the economy is already at a record low
This week we learned that Trump's approval rating on "his longtime political calling card — the economy" has plunged to 31%, the lowest in either of his terms, according to the latest AP-NORC survey.
That's down from 43% as recently in August. And Axios reports that:
- 68% of voters — including 44% of Republicans — say the economy is in poor shape.
- About half of Americans say it's harder than usual to afford holiday gifts this year.
- About half say they are cutting back on nonessential purchases more than they usually would.
- A "vast majority" report seeing higher prices for groceries and electricity, underscoring a persistent cost-of-living strain.
In the midst of the holiday hiring season, the latest "grim jobs report" is another self-inflicted wound for a President just keeps shooting himself in the cankle.
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