Fortune reported:
America’s private employers added only 54,000 jobs in August, much lower than economists’ already modest expectations of 68,000, according to payroll processor ADP’s latest National Employment Report, released Wednesday. The number marks a steep slowdown from July’s upwardly revised 106,000, underscoring how fragile employment momentum has become halfway through 2025.ADP's Chief Economist Dr. Nela Richardson noted:
"The year started with strong job growth, but that momentum has been whipsawed by uncertainty. A variety of things could explain the hiring slowdown, including labor shortages, skittish consumers, and AI disruptions."Yes, those AI disruptions which are numerous and have many ramifications:
The University of Cambridge warned of the dangers of AI in 2018:
In the political sphere, detailed analytics, targeted propaganda, and cheap, highly-believable fake videos present powerful tools for manipulating public opinion on previously unimaginable scales. The ability to aggregate, analyze and act on citizen’s information at scale using AI could enable new levels of surveillance, invasions of privacy and threaten to radically shift the power between individuals, corporations and states.Trump II opened federal government databases for AI. Surely, the digital Caligula's use of AI extends far beyond his penchant for posing his mug in a variety of what he believes are "image enhancing" pictures and videos.
Does anyone believe Donald Trump understands what's coming? He can't figure out a tariff is a tax.
Trump II serves the interests of the billionaire class, populated by private equity underwriters (PEU), TechGods and CryptoBros. He recently pushed for PEU investments and cryptocurrencies to be made available to retirement accounts. This move corresponded with a stark decrease in PEUReport "readership."
It seems AI turned away from content less favorable to the greed and leverage boys. I created this blog to share a different viewpoint than the PEU lobby, to be on record for what I considered unseemly business practices, to show the PEU connections to the political hegemony. I am fortunate to have done so for nearly two decades.
Thank you to those who read PEUReport, regularly, irregularly or for a one time purpose. I came from an era when business priorities had more balance, ethics seemed to matter and elected officials did not cater to moneyed interests. It's good to be heard, even above the AI screen.
Update 9-21-25: Low income workers slash spending.
The Daily Show's Jordan Klepper came close to nailing the rationale for PEUReport. Bravo Jordan!
