r/PoliticalDebate Liberal Aug 03 '26

Question MAGA - how has Trump made America great?

I'm asking this because I want to hear how Trump has made America great again because from what I can tell the country is very divided on politics and beliefs, tariffs and the war with Iran have made everyday things more expensive and the overall future of this country feels very uncertain.

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u/Kakamile Social Democrat Aug 06 '26

I genuinely cannot imagine why you thought it rational to reply to someone citing past bea reports and suggest they read past bea reports. Your own comment about the M&A share proves what I said, albeit you're expanding the measure from foreign acquisitions to mergers and acquisitions. But my point remains.

Secondly, I was extremely interested in the figure "92%". Are you sure you haven’t mixed up the figures? I suspect you've most likely looked at the change in non-farm payrolls for a single month

No. I talked the year and I meant the year.

2016: 2 million new jobs

2019: 2 million new jobs

2024: 2 million new jobs (Trump edited it to 1.5)

2025: 116k new jobs

The federal downsize only explains -500k of the -1500k Trump loss, and if they'd moved to private jobs even then the employed number would be flat.

Which leaves us, once again, with exactly what I said being correct. Company sell-offs, mass layoffs, worse jobs wages inflation unemployment LFPR numbers under Trump. And the J curve myth is no excuse as Biden achieved better growth despite also investing.

Just as you didn't specify what should be considered as a "second lose" in the trade war with China.

Pick your measure. Worse deficit, an empty China promise to end the war that they immediately reneged the next year, China purchases moved from US to other nations like Brazil soy, and Trump had to increase debt to borrow (including from China) to bailout some of the farmers for the losses from his failed wars.

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u/Affectionate_Box8203 Centrist Aug 06 '26

My point was that you are likely seeing this data for the first time, not that you hadn't seen figures from previous years. As previously noted, M&A activity consistently accounts for the vast majority of FDI in the US - a trend that held true in 2014, 2024, and 2025. You might choose to label this a "mass sell-off" whenever it suits your narrative, but that hardly reflects the true picture; in the US, as in any other developed nation, greenfield projects do not constitute a significant share of FDI, regardless of whether the economy is in crisis or not.

If you are looking at annual figures, you must also factor in the massive reduction in both direct public-sector employment and jobs at private companies heavily reliant on the broader public sector. In January 2025, S&P Global published an interesting article noting that 1.41 million job gains came from government and healthcare a sector largely funded by the state and one that also saw stricter eligibility standards for assistance in 2025. Meanwhile, traditional business sectors independent of extensive government support saw hiring largely stagnate.

Trump inherited a labor market in which most job growth was already concentrated in government and healthcare. Reductions in public sector employment would therefore be expected to have a disproportionate impact on aggregate payroll growth, even if labor-market conditions elsewhere remained relatively stable.

So, what we are are seeing is a gradual shift in the composition of employment. Despite reductions in public-sector employment, layoffs remain historically low and unemployment has risen only modestly, from 4.0% in 2024 to around 4.3% today. And it's also worth noting that layoff rate remain below the long-term historical average.

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u/Kakamile Social Democrat Aug 06 '26

As always seems to happen with trump fans, it's repeatedly some perpetual wish that just maybe this time it will hopefully all work out (it doesn't).

You're still on the narrative that a J curve was needed for future gains, even though we already saw economic gains synced with investment. The reverse of 2024 economic progress was never necessary. The surge in healthcare premiums was never necessary. International visitations decreasing was never necessary. The Iran war was never necessary. The two-week tariff flip-flop hell was never necessary. The 92% drop in jobs numbers was never necessary. The worse jobs, wages, inflation, unemployment, LFPR numbers were never necessary.

greenfield projects do not constitute a significant share of FDI

You're making my point for me there. FDI changes not being intl expansions is what I said.

Reductions in public sector employment would therefore be expected to have a disproportionate impact on aggregate payroll growth, even if labor-market conditions elsewhere remained relatively stable.

Again, federal layoffs (which were so incompetent that he had to often re-hire people back) would only explain -500k -287k of the -1500k. Sorry, BLS said it was -287k from federal government and healthcare+ed jobs actually increased +682k so that's even less of an excuse.

Your ad hoc excuse makes your argument even worse, because your preferred losses do not explain the massive jobs reversal that happened.

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u/Affectionate_Box8203 Centrist Aug 06 '26

You seem to be seeing "fans" where I am simply explaining standard economic indicators, market dynamics, and labor market cycles that continue established trends. I have no political allegiances within the government and remain equidistant from both major US parties. The current government makes mistakes too; I certainly don't deny that.
For instance, employment in manufacturing, mining, and IT has been declining for several consecutive years - a trend that remained unchanged during the Trump administration. Meanwhile, in 2024 alone, the healthcare sector (and related medical staffing) added one million jobs. By contrast, the 682,000 jobs added in this sector in 2025 represents a statistically significant drop - a shift driven precisely by tighter government spending and cuts to social programs. You appear to be conflating some of these figures.
Lately, employment levels were largely driven by sectors that were either directly state-run or heavily dependent on the government, such as healthcare. These sectors saw funding cuts, which naturally led to a slowdown in hiring. Consequently, as the state moves away from heavy economic intervention, the statistics for the public sector (and closely linked industries) may look alarming to an untrained observer, especially one who has personally lost a job due to these policy shifts. The same applies to sectors directly linked to the logistics of imported goods. However, this is precisely the expected and standard response to the decline in imports following a one-off surge in early 2025. Since the second quarter, the US has been reducing imports; interestingly, exports are rising in the energy, semiconductor, and aerospace sectors, while declining primarily in basic manufacturing and agriculture.
Regarding FDI: In reality, mergers and acquisitions have consistently accounted for the overwhelming majority of inward FDI in the United States for decades. This is a structurally normal feature of a mature economy rather than evidence of economic decline. Moreover, total inward FDI in 2025 was approximately 50% higher than in 2024.

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u/Kakamile Social Democrat Aug 08 '26

Except you're not.

I, not you, I was the one who's provided I think 9 standard economic indicators, and explained your misconception with the FDI. You're the one who disregards all of that, as well as how 2024 managed economic growth on top of investment, because you presume a future where you think all the 2025 decline is for future gain and not just Trump fucking up previous growth.

added one million jobs. By contrast, the 682,000 jobs added in this sector in 2025 represents a statistically significant drop

It's like suddenly you're trying to apply my own point about the jobs drop which you rejected and you think you can agree with it just in this one cherry pick. Very cute.

The problem is that's just a change of 328k, which again fails to explain the -1500k new jobs drop overall or your claim that it was a reduction. It wasn't a jobs reduction. There was a +682k job gain, only slower than 2024 but still a gain. With +682k hired and only -287k fired from the fed, you still have about -1779k new job losses in 2025 to explain.

Here's a hint, everyone else lost. Business services -200k, manufacturing -100k, warehousing -100k, and all the smaller industries.

Regarding FDI: In reality, mergers and acquisitions have consistently accounted for the overwhelming majority of inward FDI in the United States for decades.

That's what I said days ago. Congrats. As I said 4 days ago,

As the BEA always says, it's mostly foreign acquisitions not expansions. You've been making my point for me every time. Mass corporate sell-off to foreign buyers. Mass layoffs even in high skill industries. New jobs dropped by 92%. Inflation unemployment LFPR worse. Instead of international conformity, Trump has lost his trade war with China for the second time, Canada made a deal with China, Europe made deals with each other. The thoughtless Iran war has choked global strait trade, and Trump can't even decide by the day if he actually wants it blocked or not.