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Faster Economic Growth, Weaker Hiring Seen by Harriet Torry and Anthony DeBarros

William Attardi on October 13, 2025

Prospects for U.S. economic growth are looking up, as investment in artificial intelligence booms and risks around tariffs diminish, according to economists surveyed by The Wall Street Journal. Even as the economists have raised estimates for economic growth, they have lowered prospects for jobs. Behind the strange dichotomy: Employers are reluctant to hire given political uncertainty and rising costs, even as their investment, especially in AI, is boosting productivity and economic growth.  That slower job growth, however, won’t translate into notably higher unemployment, because the Trump administration’s crackdown on immigration is reducing the supply of workers. Economists expect the jobless rate to hover around 4.5% over the next year. It was 4.3% in August.  tCTlJoMg7sMgno0naAXk-WSJNewsPaper-10-13-2025.pdf

Trump Policies Will Cut Deficits Up to $11 Trillion, White House Economist Says by Skylar Woodhouse

William Attardi on June 26, 2025

President Donald Trump’s policies will reduce US fiscal deficits by up to $11 trillion over the coming decade, according to the White House’s chief economist Stephen Miran, Chair of the Council of Economic Advisers— a projection that defies analysts who say government debt is poised to climb to record highs in coming years. About half the savings, or $3 trillion to $5 trillion, would come from faster economic growth — thanks to the pending Republican tax cut bill, along with deregulation efforts — Miran argued. He also cited a $3 trillion bump in revenues from Trump’s tariff hikes, referring reporters to the Congressional Budget Office’s recent calculation — which came in at $2.8 trillion. Reduced debt loads thanks in part to those savings will help to bring down the US Treasury’s interest costs by approximately $1 trillion to $1.5 trillion, he said.  “Those are very big numbers.”  Trump Policies Will Cut Deficits Up to $11 Trillion, White House Economist Says

Telling Time – 12-hour time is a very ancient system that traces back to the Mesopotamian empires. They had a cultural fixation with the number 12, used a base-12 numerical system, and divided up most things into 12ths whenever possible – including day and night. The 12 hours of day and 12 hours of night system spread throughout Europe and the Middle East and has defied multiple attempts to change it over the centuries. Also, for anyone curious as to why there was such a love of the number 12, it was because that was how they counted on their hand. Look at your hand. Notice how each of your fingers minus your thumb has three easily identifiable parts to it. They used to count by using their thumb to count each part of the finger, much in the same way we count to 10 using our fingers today. So, 12 was the max you could count on one hand.