When the incompetent jackass instituted his dumbass tariffs, everyone knew it would take awhile for the results to filter through the economy. Well, they’re filtering….

 Warning signs have been flashing for months that the US job market has been losing steam. That became starkly clearer in July, and the initial data for August isn’t looking much better.

New metrics released Thursday showed that first-time claims for unemployment benefits rose to an 11-week high; that private-sector businesses sharply reined in their hiring last month; and that last month was the worst August for layoff announcements since the pandemic and, before that, the Great Recession.

And, as The Carpenters sang, ‘It’s Only Just Begun’….