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462 points JumpCrisscross | 13 comments | | HN request time: 0s | source | bottom
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lazarus01 ◴[] No.45078568[source]
In NYC, for the first 6 months of 2025, 994 new private sector jobs were created [1]. During the same period last year, there were 66,000 new jobs created.

Higher cost of doing business from tariffs has frozen hiring. With a frozen job market, there’s less revenue coming in.

NYC is a leading indicator for the rest of the country.

[1] https://www.nytimes.com/2025/08/13/nyregion/nyc-jobs.html

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macintux ◴[] No.45078595[source]
I’m curious whether it’s more the tariffs, or the uncertainty. No one knows what will happen on a day-to-day basis: the chaotic (and illegal) decision-making leaves everyone wondering what’s next.
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YZF ◴[] No.45078705[source]
The hiring slowdown predates tariffs. For various reasons CEOs either believe they can do more with less people, or that they can hire cheaper people in other geographies, or both. Businesses (tech or financials) don't seem to be telegraphing uncertainty, S&P 500 revenue is at all times high and trending up, earnings/profit all time highs and trending up, valuations all times high and trending up.
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vkou ◴[] No.45079312[source]
> The hiring slowdown predates tariffs.

That's true, but it didn't predate the election of a man who has made his understanding of tariffs and economics crystal clear in the months and years leading up to January 2025.

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mattmaroon ◴[] No.45079407[source]
The tariffs this time are far in excess of anything he did previously or promised to do while running for office again and took nearly everyone by surprise though.
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denismi ◴[] No.45079501[source]
This pre-election BBC summary - https://www.bbc.com/news/articles/cwy343z53l1o - pretty clearly spells out what has eventuated, describing it as a "central campaign pledge":

> Trump has made tariffs a central campaign pledge in order to protect US industry. He has proposed new 10-20% tariffs on most imported foreign goods, and much higher ones on those from China.

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trebligdivad ◴[] No.45079573[source]
I don't think there's that much surprise at the tariffs on China; it's the tariffs on the rest of the world, especially friendly countries like Canada that are the big surprises. Also, who believes politicians campaign pledges?
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burnerthrow008 ◴[] No.45080562[source]
> Also, who believes politicians campaign pledges?

Only all the people who voted for them and all the people who voted against them?

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1. dgfitz ◴[] No.45082756{3}[source]
Maybe if Harris had made a few she would have won…
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2. const_cast ◴[] No.45084068[source]
She did, everyone just sort of... pretended she didn't. So they could have plausible deniability for voting for Trump.

See also: Harris is an elite! (Trump is more elite), Trump knows business (he's a pretty bad business man), Harris did nothing in office! (She was VP), Trump is the underdog! (He's literally already been president)

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3. dgfitz ◴[] No.45086125[source]
She did? What was her platform? I never did figure it out.
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4. tharmas ◴[] No.45086795[source]
Harris was a terrible candidate. And not chosen by the delegates. The Democrats have to take some of the blame for Trump 2.0, surely?

Trump was a terrible candidate and could've been beaten if a good candidate running against him.

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5. nobody9999 ◴[] No.45088350{3}[source]
https://www.cnn.com/interactive/2024/08/politics/kamala-harr...

https://www.deseret.com/politics/2024/09/09/harris-policy-pl...

https://www.cbsnews.com/news/trump-harris-campaign-promises-...

https://www.usatoday.com/story/news/politics/elections/2024/...

All of the above were posted prior to the 2024 election.

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6. macintux ◴[] No.45088408[source]
Speaking as someone who despises Ted Cruz to the bottom of my soul, I decided in 2016 that if Trump had decided to run as a Democrat, I would have voted for Cruz. At least he has some sincerely held beliefs that do not involve his own wallet and cruelty towards the entire world outside his inner circle.

My point being: at some point the American electorate has to take responsibility for picking the worst available person. The Democrats did not compel them to vote for Trump.

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7. tharmas ◴[] No.45088685{3}[source]
≥The Democrats did not compel them to vote for Trump.

Perhaps i didn't make my point clear. Indeed ur statement is true. I was referring to those who hated Trump but also hated Harris and so DIDNT VOTE. My point being that if the Democrats had fielded a compelling candidate many of those who didn't vote may have voted for them. Enough to win. The Democrats learned nothing when they fielded Hilary Clinton and lost. Joe Biden barely won. And only because they were sick of Trump and also how he handled Covid. Also don't forget the Democrats tried to run with Joe for a second term when he was clearly unfit. Huge turn off.

So yes, my argument is the Democrat Party is partly at fault for Trump 2.0. They did not field a worthy candidate.

"Vote Blue no matter who" is a failed strategy. And rightly so.

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8. triceratops ◴[] No.45093989{4}[source]
> Joe Biden barely won

That's slightly revisionist. He won the popular vote by almost 5 percentage points. That's a lot. He also got more electoral college votes than GWB (both times) and Trump in 2016. His victories in the battleground states were also by a higher margin than Trump's in 2016, though still close. "Barely won" is a shade of true.

I honestly don't blame the guy for believing it was his responsibility to the country to run for re-election and keep Trump out of office. His heart was in the right place, even if the rest of him wasn't up to the task anymore.

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9. cowboylowrez ◴[] No.45095917{4}[source]
I love how people are blaming democrats for electing trump. Its just such a dystopian timeline lol
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10. dgfitz ◴[] No.45107459{4}[source]
The second paragraph of your first link: “ However, she has not provided many details on her plans”

Edit: did you read these links?

“ The American people lacked any concrete policy positions from the presumptive, and then official, Democratic presidential candidate for seven weeks following President Joe Biden’s withdrawal from the 2024 presidential race.

Despite the absence of clarity on key issues, Vice President Kamala Harris quickly rose in the polls compared to Biden”

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11. tharmas ◴[] No.45119953{5}[source]
Really?. I argue that if the Democrats could've fielded a candidate voters felt good about voting for, it would've been no contest.

What is wrong with my logic?

It sounds like ur logic is: if u don't want trump then u have to vote for the (shitty) democrat candidate.

My point of view is based on those who DIDN'T vote at all, not people who voted for trump because they didn't like harris.

Oh wait, its entirely their (non voters) fault trump won, is what u would argue, correct?

So the democrats have no responsibility to field a candidate worthy of a vote except their not trump or Republican?

12. tharmas ◴[] No.45120035{5}[source]
Trump in 2020 was such a shitty candidate that he should've been easily trounced.

So anything a lot kess than that looks to me like ”barely". Perhaps im too harsh?

I get why Michelle Obama wont run but i think she would've trounced trump in 2020 or 2024.

The democrats need to field a candidate that has her kind of appeal to beat trump.

13. nobody9999 ◴[] No.45133550{5}[source]
Then look at one or more of the hundreds of links that provide specificity.

Or continue on with your willful ignorance.

It's no skin off my nose either way.