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News & Current Events Apr 6, 2026 at 5:41 PM

US service sector cools in March, inflation heating up amid Iran war

Posted by YesterShill

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MN_Yogi1988 Apr 6, 2026 +320
Oh we wish it was just inflation, we’re in a much worse stagflation environment 
320
StIdes-and-a-swisher Apr 6, 2026 +50
Trump dumb ass about to replace the head of the FED in may. If you Think inflation is bad now.
50
xynith116 Apr 6, 2026 +29
If I were Powell I would not hold back in the next CPI report.
29
xynith116 Apr 6, 2026 +77
People really saying “demand destruction” cuz they’re afraid of saying “stagflation”.
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arb1698 Apr 6, 2026 +25
Eh demand destruction would be worse cause you would lose jobs and and can have rampant inflation while stagflation can have a job market slightly go down or hold stable and inflation but yeah it's all really stagflation the word corporate media is afraid to say.
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wejustdontknowdude Apr 6, 2026 -11
Maybe they’re not saying stagflation because inflation and unemployment are both low right now.
-11
xynith116 Apr 6, 2026 +6
I really don’t trust any statistics that come out of the Trump admin TBH. J Powell is probably one of the only sane ones left at the Fed.
6
wejustdontknowdude Apr 7, 2026 -3
I doubt that unemployment would be off by over a factor of two. The actual stagflation of the 70s had 9% unemployment and the price of oil increased by 300%. Economists aren’t saying stagflation because it has a specific meaning. Powell would agree with that assessment.
-3
LoveMyKush Apr 6, 2026 +123
60% voted for the GOP. I hope next time they will understand.
123
Educational_Report_9 Apr 6, 2026 +208
10 of the last 11 recessions have occurred under Republican admins. They aint figuring it out this time either.
208
FireWireBestWire Apr 6, 2026 +31
Who was the poor sob for the 11th?
31
conman228 Apr 6, 2026 +66
Jimmy Carter
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Alaus_oculatus Apr 6, 2026 +73
Jimmy Carter also inherited the Stagflation of Nixon and Ford. The Iranian revolution during his presidency also didn't help, considering the recession hit a year later. I find it hard personally to pinpoint a specific policy by Carter that led to his recession, unlike some other Presidents on the list of recessions
73
PancAshAsh Apr 6, 2026 +39
He was dealt a shit hand but even in his own words he wasn't the best President. He was a great human being though.
39
amateur_mistake Apr 6, 2026 +20
Also, we would be a lot better off if they had at least kept the solar panels on the White House. Can you imagine where our country would be now with energy policies starting from there?
20
PancAshAsh Apr 6, 2026 +8
There's a theory that the American people select Presidents that are the opposite of their predecessors in some way. Nixon and Ford were crooks, so Jimmy Carter was an honest man. Carter was earnest, Reagan was a polished slimeball.
8
airinato Apr 6, 2026 +12
Because of Republicans.  They decided to back Israel, the rest of the middle east said f*** you and cut oil production, causing the energy crisis. Nobody talks about this and it drives me f****** crazy.
12
Ahelex Apr 6, 2026 -7
Tbf, Carter is pretty RINO all things considered.
-7
humanoideric Apr 6, 2026 +11
ya mean DINO?
11
Ahelex Apr 6, 2026 +7
Ah right. Though on further thought, he probably wouldn't fit into either at this point given he does prioritize decency and humanity more.
7
PancAshAsh Apr 6, 2026 +5
I mean he's dead now so he's not currently prioritizing anything. He managed to piss off pretty much everyone as President including his own party and he made some poor cabinet choices but he's without a doubt the best ex-President of the 20th century, and probably the nicest human being to be president in the post-WW2 era.
5
FlashCardManiac Apr 7, 2026 -3
OK, but wasn't the housing crisis of the early 2000's caused by the Democratic party giving Bush Jr. a pass. Could be off. You'll win by default because of Jr's trillion dollar war.
-3
Educational_Report_9 Apr 7, 2026 +4
Not totally sure about the early 2000s, but hard to give Bush Jr a pass when he took a hard deregulatory approach and removed restrictions on banks and lending. This lead to a housing boom and eventual collapse. One of the worst recessions in history.
4
Responsible-Rip8793 Apr 6, 2026 +21
They won’t. And even if they do, they will forget after 4 years of a dem being in office. Americans are pretty stupid
21
Zapp_Rowsdower_ Apr 6, 2026 +4
It was stolen. Put down the kush.
4
gospdrcr000 Apr 6, 2026
They'd be very upset if they could read this
0
fedroxx Apr 7, 2026
No, 22% voted for the GOP.
0
MatthewSWFL229 Apr 6, 2026 +32
And this is before the inevitable downward revision
32
The-cultured-swine39 Apr 6, 2026 +60
I can’t believe people voted for this.
60
idkwhatimbrewin Apr 6, 2026 +11
Are you tired of winning yet?
11
Captain_Aware4503 Apr 6, 2026 +31
"Damn it Biden!!!" - no, just no. Not the reason. If fact Biden fixed the last recession Trump caused. Everyone needs to sit down, forget about which side they are on, and look at the facts. Virtually everything the GOP is doing is screwing the middle class. Its not the gays who are keeping wages flat while causing inflation. Its not the drag queens who are slashing every program that helps the poor and middle class. And its not immigrants who just gave the wealthy $3 trillion increasing out national debt.
31
laplongejr Apr 7, 2026 +2
> Its not the gays who are keeping wages flat while causing inflation. Its not the drag queens who are slashing every program that helps the poor and middle class. Well, their existence makes a wonderful scapegoat for the people who are ready to destroy their own life if it destroys the complete existence of LGBT.
2
BigJellyfish1906 Apr 6, 2026 +21
Screw the WSJ for trying to spin the last jobs report as “good news.” Absolutely divorced from any relevant context. 
21
security_screw Apr 6, 2026 +12
WSJ has the credibility of Fox News. They’re both run by Rupert Murdoch.
12
FlyingDogCatcher Apr 6, 2026 +7
No, we need to melt the Economy's icy heart with a FRESH island song!
7
One-Emu-1103 Apr 6, 2026 +20
Why is the stock market ignoring that among other things like Iran rejecting the ceasefire propoal for hope that a diplomatic solution is just around the corner?
20
DontTickleTheDriver1 Apr 6, 2026 +45
House of cards Or, to say it more bluntly, it's all bullshit
45
One-Emu-1103 Apr 6, 2026 +8
I believe that you are right. Trump is just the face for Big Business, Big Oil and Big Tech. And like the sycophants in the Emperor's New Clothes, they are feeding at the troft while hoping no one else sees through the lies.
8
DoublePostedBroski Apr 6, 2026 +16
Because the stock market is for rich people with disposable incomes. The average Joe who’s poverty adjacent isn’t playing around on E*Trade.
16
Recent-Result2852 Apr 6, 2026 +1
The l****** has always been a poor person's game. The stock c***** makes everyone think they have an edge.
1
SlitSlam_2017 Apr 7, 2026 +1
The stock market isn’t meant to benefit the public, we are exit liquidity for the elite
1
Battlejesus Apr 6, 2026 +11
Why did Biden do this to us
11
Dauvis Apr 6, 2026 +4
Thank goodness we dodged the bullet on not reelecting the guy with a stuttering problem. /s
4
ACartonOfHate Apr 8, 2026 +1
Or the nice lady with a laugh.
1
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