Hello, everyone. There is a private company putting out unemployment reports this week because

that's not something the United States government does anymore because it's bad news and there

can be no bad news in Donald Trump's government. According to the firm, Challenger, Gray,

and Christmas, happy Christmas. U.S.-based employers announced 153,074 job cuts in October, up 175% from a year prior to that when Joe Biden was president.

Sarah, is that good?

I'm pretty sure it's bad.

Another nugget that's in there is it is 1.1 million jobs lost in total this year. So since

Donald Trump took office, we have experienced a net decline of over a million jobs. That is bad.

That's bad. I mean, it's a good thing he doesn't have a Department of Bureau of Labor

statistics to put out numbers on these things anymore. It is, yeah. That would be horrible.

You know, private sector to the rescue, we are still getting our unemployment numbers, and

they're terrible. And I got to say, this is one of those things. So obviously, this has bigger

economic implications.

I'm not an economist.

And so, you know, and you sometimes are very good at, you know, playing one of these on a podcast.

Like, you're great at that.

So maybe you can tell us what this contraction means in terms of our eventual slide into recession territory or stagflation territory because inflation remains high.

I think the big takeaway for me, though, is Donald Trump is spending his time building

gilded ballrooms with the private funds of his rich friends, literally gilded, of his rich friends

who he is making richer every day through the kleptocracy

that he is running with the American government. Everybody in immediate proximity to Trump is

getting richer, while the vast majority of Americans are getting poorer and people are losing

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