🚨INFLATION IS DOWN! WOW! BUT WAIT. New jobs report claims 2.7% inflation. This would be a tiny improvement if true. But all of the inflation celebration (and wall street rally today) is overshadowing a MUCH more important number: unemployment has jumped to 4.6%, the highest since 2021, with no end in sight to the job collapse. In fact, every economist I follow says unemployment will jump to at least 5% next year and there’s nothing to indicate that a whole new crop of jobs will be popping up to save the day. In fact, most traditional jobs are being devoured by AI.
So when you look at the whole picture, the tiny inflation improvement, while helpful, is not an indicator of our overall economic health or our future economic health. If the jobs are going to continue to vanish, and I firmly believe they will due to the AI takeover, inflation is not going to matter for most people if they can’t afford to pay their rent and buy groceries in the first place. I mean, OK yay for lower gas prices, but how will that even be relevant if you don’t have money because you don’t have a job to put gas in your car???
What I’m getting at here is that the inflation report, which the Trump admin is pushing the hardest right now to prove he is making America great again, should not be his focus. His focus should be JOBS. Because without jobs, no one can buy anything anyway. But unfortunately his focus is not jobs. His focus is AI, which devours jobs. He SHOULD be ringing the alarm nonstop about the rising unemployment rate and the fact that America has a lost 1.8 million jobs this year, and there are no new industries that will create jobs. he actually should be taking extreme measures to stop the AI job takeover. This is a five-alarm national emergency, Yet from the exuberant tone of his communications, you would think we were entering into the best economic era in America history—when the exact opposite is true. 
So excuse me for not popping the champagne bottles to celebrate lower inflation when all the jobs are being completely devoured by AI and data centers are being installed in every single region of America to gobble up what resources remain. As long as AI is the focus of this administration, there is no point in celebrating any other short term economic “victories” — because they are only temporary.
Mark J, Economist, systems analyst, professional researcher, psychologist, sociologist, author of TOTAL TECH TAKEOVER. (25+ years experience as a software systems architect, vice president of cloud/mobile app development and security, military intelligence communications specialist US Army).
Link to the book: https://www.amazon.com/Total-Tech-Takeover-everyone-before/dp/B0FVG3MQPW
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