No. of Recommendations: 15
The U.S. private sector economy did fine in March, with more hiring and healthy pay raises. The economy is not perfect (and never will be), but jobs and wages do not need radical fixes. The Federal budget could be balanced (allowing more private investment) as was done the right way in the 1990s. Training could be improved, to make better use of limited education resources. More housing could be built to lower housing prices.
The trade deficit is not a problem, and is more accurately seen as an investment surplus. The U.S. economy is booming, and is the envy of the World, and yet radical changes are being made that put all of that at risk. MAGA people seem to like metaphors (a sign of a weak argument) saying tariffs are like going to the gym, bankruptcy, or chemotherapy. But the U.S. economy is healthy and is already going to the gym. What happens when a healthy person gets chemotherapy? Nothing good. Why would we do that?
ADP National Employment Report: Private Sector Employment Increased by 155,000 Jobs in March; Annual Pay was Up 4.6%, April 2, 2025
"Private sector employment increased by 155,000 jobs in March and annual pay was up 4.6 percent year-over-year... Manufacturing delivered stronger-than-average job gains for the second straight month. Construction hiring slowed. Natural resources and trade, transportation, and utilities lost jobs."
https://adp-ri-nrip-static.adp.com/artifacts/us_ne... 