Well, howdy there, Internet people, it's Bell again.

So today, we're going to talk about Trump, manufacturing jobs, interest rates, and getting what you wished for.

While most of the media is still hammering home the numbers that say that there are more people looking for jobs than there are jobs available.

That isn't quite the doomsday scenario for the economy as it's being made out to be.

Although it probably feels like it if you're currently looking for a job.

But as we said in the last video on this, it's not doomsday, but it's still not good. One of the big sectors

where this is going to be seen the most is manufacturing. The U.S. has lost more and more

manufacturing jobs every month since Trump started his Liberation Day tariffs. Reminder, Trump promised this would bring manufacturing jobs back.

Instead, tens of thousands of manufacturing jobs have evaporated. 12,000 just last month. Mark Zandi,

chief economist at Moody's Analytics, said, quote, It's a jobs recession.

The good side of the economy, including manufacturing, mining, and construction, is losing

a significant number of jobs, as is the federal government.

So, Trump is probably going to get his wish.

Interest rates will likely be cut, but it's important to understand why.

Trump's framing will undoubtedly be that the Fed could have cut interest rates sooner.

The thing is, inflation is still up well above the ideal level,

and surging inflation is still a concern of many at the

Federal Reserve and in the private sector. In fact, you have some economists talking about an

inflation mountain. If Trump had avoided tanking the jobs market, if he hadn't basically

imposed economic sanctions against the United States,

the Fed would probably still be in wait-and-see mode on interest rate cuts.

They'd be trying to gather more information before making a decision.

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