Lol I was thinking of him when I posted this, but what he said was somehow dumber. Kevin Hassett on Fox News argues that if you exclude the sectors that lost hundreds of thousands of jobs, "you actually had a number that was about plus 100,000"*
Posted on August 7, 2026 at 10:34:24 AM by gbmcq
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Thread:
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A weak labor market plus relatively high inflation= stagflation, right?
- By mgaelster
August 7, 2026 at 10:25:29 AM
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You'd need low or negative economic growth as well to have stagflation, and worse unemployment than we have now
- By KeiTh
August 7, 2026 at 10:29:11 AM
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It's just because all these new factories that are getting built haven't been opened yet.*
- By gbmcq
August 7, 2026 at 10:26:52 AM
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Plus all of this health care we're going to be able to purchase that's way cheaper than the insurance companies. That should be available by, I think, next Thursday.*
- By jjwalker
August 7, 2026 at 11:59:57 AM
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Lol I was thinking of him when I posted this, but what he said was somehow dumber. Kevin Hassett on Fox News argues that if you exclude the sectors that lost hundreds of thousands of jobs, "you actually had a number that was about plus 100,000"*
- By gbmcq
August 7, 2026 at 10:34:24 AM
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Got it. Drill Baby Drill.*
- By Lodz
August 7, 2026 at 10:29:48 AM
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Once we fully scale on data centers, everything will be fixed.*
- By BigLake
August 7, 2026 at 10:27:57 AM
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