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Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST
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To: Sam who wrote (94817)8/4/2025 2:01:13 PM
From: Elroy  Read Replies (1) of 95383
 
The DOGE cuts have a ripple effect that is negative in terms of aggregate purchasing power and economic activity. They also have a psychological effect on other employees. And the economic effect of constantly changing policies obviously introduces uncertainty which have its own ripple effects in C-suites around the country and even the world.

Any job cuts reduce salaries paid and probably weaken the economy. That's not the point.

Downward revisions in previous month's job growth attributed to DOGE are less a sign of economic weakness (during the previous months) than downward revisions in job growth which were driven by private enterprise, right? Surely you'd agree with that?

If industry jobs growth were reduced by 300k jobs that sounds a lot worse for the economy (....it was much weaker than was expected, and the companies weren't hiring nearly as much as the not yet revised numbers indicated....) than if the 300k job reduction is due to Elon Musk firing government employess (<--this says nothing about the economy a few months ago: it was just a one off weird aberation caused by the current admistration).

Right?

If DOGE is the reason for reduced job growth, it doesn't mean the economy was weakening. It just means the government is trimming employees because, because, because .... they want to.

It could have been boom times or the great depression, those DOGE cuts were going through regardless of the economy at that time.
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