Hacker News new | ask | show | jobs
by 3D30497420 149 days ago
A few notes:

> The reason for tariffs is NOT to reduce prices but to bring production (jobs, capacity) home.

Tariffs can be used for many purposes. I would say this is administration is clearly not using them to bring jobs home. Earlier tariffs were lowered/dropped when trade deals were signed, and the current ones are clearly a way to strong arm Europe to giving up its territory.

> Unemployment rate has decreased to 4.4%.

Decreased from where...? Not including the pandemic, 4.4% is the highest rate in almost a decade. Unemployment is clearly rising: https://www.bls.gov/charts/employment-situation/civilian-une...

1 comments

"Decreased from where...? "

"Flash Report: U.S. Jobless Rate Ticked Down in December"

https://www.stlouisfed.org/on-the-economy/2026/jan/flash-rep...

FTFA:

"The unemployment rate in the U.S. has decreased to 4.4% in December 2025, down from 4.5% in November. This decline follows a period of rising rates, with the economy adding just 50,000 jobs in December, indicating a slowdown in job growth. The labor market is showing signs of stabilization, with the broader U-6 unemployment rate easing to 8.4%."

Federal Reserve Bank of St. Louis

Sorry, you're claiming a decrease of 0.1% over one month (after a clear upward trajectory since April 2023) as evidence that tariffs are working?