Economists calculated the cost of Trump’s tariffs for Americans. The numbers are staggering
https://www.fastcompany.com/91402824/economists-calculated-how-much-trump-tariffs-will-cost-americans-the-numbers-are-staggering
economy
#Trump demanded on Wednesday that a #FederalReserve governor, #LisaCook, “resign, now!!!,” citing unconfirmed allegations that she *may* have engaged in mortgage fraud. It is the latest sign that the admin is ramping up its campaign to remake the #independent #CentralBank. Trump has pressured the bank to lower #InterestRates, which it has kept steady out of concern that his policies could cause #inflation.
#economy #law #tariffs #trade #immigration #labor #recession
https://www.nytimes.com/2025/08/20/us/politics/trump-fed-resign-lisa-cook-governor.html?smid=url-share
Edited 63d ago
「这些叙事是所有人都能看得清楚的部分。但这里的要点不是叙事本身，而是：这个叙事是给谁设计的？」
🧬《关于塔克卡尔森的普京采访: “能让你恐惧的那部分”》
https://www.patreon.com/posts/zhuan-tie-guan-98270895
#俄罗斯 #极右翼 #美国 #孤立主义 #苏联 #地缘政治 #普京 #塔克卡尔森 #去全球化 #内卷 #经济 #Russia #FarRight #USA #Isolationism #SovietUnion #Geopolitics #Putin #Deglobalization #Involution #Economy
I predict that by Black Friday shopping and Christmas shopping, in general, inflation will be at an all time high - double digits.
"US factory activity shrank in August for a sixth straight month, driven by a pullback in production that shows manufacturing remains bogged down by higher import duties tied to President Donald Trump’s trade war."
~ Natasha Solo-Lyons
#Trump #tariffs #economy #manufacturing #inflation #stagflation #taxes #groceries
/1
上證綜合指數迭創十年新高，吾奉勸欲投資者，當三思而行，切莫盲從。中國股市非市場之晴雨表，實乃政策之風向，故不可循自由市場之規律以釋之。而今股市興盛之表象，與實體經濟之頹勢相悖，其泡沫成分，已然昭著。
The Shanghai Composite Index has reached new highs for ten years. I advise prospective investors to think twice and not follow the crowd. China's stock market is not a barometer of the economy; it is a reflection of government policy. Therefore, it cannot be explained by the rules of a free market. The current boom in the stock market is at odds with the weakness of the real economy, and the presence of a bubble is now clearly evident.
#stocknews #stock #stockmarket #share #china #economy #economic #financial #finance #股市 #股票 #證券 #中國 #大陸 #經濟 #財經 #金融 #证券 #中国 #经济 #财经
BREAKING: Jobs report shows MAJOR SLOWDOWN in labor market under Trump.
We can now compare the first 7 months of Trump with the final 7 months of Biden, and job growth is down 57% under Trump.
People on Threads talk about the ICE raid on a facility Hyundai was building in Georgia, which will not open now after nearly 500 people, mostly South Koreans, were rounded up out of the blue.
"Hyundai’s halt: Construction is paused, and Hyundai has signaled it won’t move forward with the plant. That’s a $4.3 billion investment gone."
~ Trisha
#Trump #StephenMiller #ICE #SouthKorea #Hyundai #Georgia #economy
/1
Misunderstood Malthus
The English thinker whose name is synonymous with doom and gloom has lessons for today.
By: Roy Scranton
https://daily.jstor.org/misunderstood-malthus/
Malthus at PG:
https://www.gutenberg.org/ebooks/author/1411
A federal court ruled Tues that #FederalReserve Governor #LisaCook can remain in her position while she fights Trump’s efforts to fire her.
The ruling, which will be appealed, is a blow to the #Trump admin’s efforts to assert more #control over the traditionally #independent #Fed, which sets interest rates to achieve its congressionally mandated goals of stable #prices & maximum #employment. #Congress has also sought to insulate the Fed from #politics.
#law #economy
https://apnews.com/article/federal-reserve-governor-lisa-cook-trump-firing-651fcf0637cf14901bbd559df00c856b?utm_source=onesignal&utm_medium=push&utm_campaign=2025-09-09-Breaking+News
Insane asshole.
Will this include #Vancouver BC?
#Trump said on Monday he would impose a 100% tariff on all foreign-made #movies, an unprecedented move that threatens to upend #Hollywood's global #business model.
The step signals Trump's willingness to extend *protectionist* #trade policies into #cultural industries, raising uncertainty for studios that depend heavily on international box-office revenue & cross-border co-productions.
#law #economy #RevengePolitics
https://www.reuters.com/business/media-telecom/us-impose-100-tariff-movies-made-outside-country-2025-09-29/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
Reading every headline & lede that invariably starts with “Democrats block GOP bill”, I’d like to remind everyone, the #media especially, that Trump’s party — the #RepublicanParty — controls the #WhiteHouse & both chambers of #Congress.
This shutdown is their doing.
By all accounts #Trump & #Project2025’s #RussVought absolutely wanted it because it consolidates #power under the #ExecutiveBranch, exactly what they have been working for.
Edited 21d ago
Finally some good / lawful news!
#SCOTUS lets #LisaCook remain as a #FederalReserve governor *for now*
The #SupremeCourt on Wednesday allowed Lisa Cook to remain as a #Fed governor for now, declining to act on the #Trump admin’s effort to immediately remove her from the #CentralBank.
In a brief unsigned order, the high court said it would hear arguments in January over Trump’s effort to force Cook off the Fed board.
#law #independent #economy #autocracy
https://apnews.com/article/supreme-court-trump-federal-reserve-lisa-cook-5a48941a9e30017b0ed3e5837492d288?utm_source=onesignal&utm_medium=push&utm_campaign=2025-10-01-Breaking+News
Exclusive: #US considering curbs on #exports to #China made with #US #software, sources say
The #Trump admin is considering a plan to curb a dizzying array of software-powered exports to China, from laptops to jet engines, to retaliate against Beijing's latest round of #RareEarth export restrictions, according to a US official & 3 people briefed by US authorities.
#economy #inflation #jobs #recession
https://www.reuters.com/world/us/us-considering-curbs-exports-china-made-with-us-software-sources-say-2025-10-22/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
Economy when Reagan-Bush ran #MorningInAmerica reelection ad:
• Unemployment 7.3%; Inflation 4.3%
Economy today under the Biden-Harris #GreatAmericanComeback:
• Unemployment 4.1%; Inflation 3.0%
"You get more conservative when you get older" only really worked for the generations that got RICHER as they got older.
The real truth was always just "You get more selfish the more money you have".
#conservative #conservatives #conservatism #economics #economy #politics
JOBS REPORT: The Great American Comeback Continues
• 15.9 million jobs added since Trump left
• Much lower unemployment than Morning in America in 1984
• Employment for prime-working-age Americans at a 23-year high
Bloomberg: US consumer confidence rose to a six-month high in August as more upbeat views of the #economy and inflation offset waning optimism about the labor market.
The Great American Comeback with Biden-Harris:
• Nearly 16 million jobs added
• Stock market keeps hitting record highs
• Strongest post-pandemic GDP growth in the world
• Much lower unemployment & inflation than Reagan in 1984
• Employment for prime-working-age Americans at a 23-year high
Trump Agenda: Himself and His Rich Friends
Harris Agenda: Working Americans and Middle Class Families
Vote accordingly
#Election2024 #Economy #Freedom #USPol #USPolitics #Harris #KamalaHarris #Democrats #Trump #MAGA #Republicans #Abortion #RoeVWade
#Walmart's announcement today that it plans to raise #prices is expected to open the floodgates for #retail price hikes.
The world's largest retailer—whose brand is inextricably linked to low prices & affordability—said despite the #China #trade deal earlier this week it is too late to avoid higher #costs for #consumers.
#Trump #tariffs #economy #inflation #recession
https://www.axios.com/2025/05/15/walmart-store-prices-trump-tariffs
Edited 160d ago
Here’s a top pin!
My #market-based, publicly underpinned model for determining copyright liability payments in real-time for an information economies with #AI #scraping.
We have a choice of either a healthy #economy where being scraped pays those who produce the best information, or no economy at all where only lies, propaganda & bs are openly visible.
We can avoid creatives hiding their content behind closed doors our of fear of being scraped, but only if we act now!
https://docs.google.com/document/d/18cz-ZX1copCYiC4C2ReY8GLJjuhG2IH0MEBGaoSJhP4/edit
Edited 361d ago
The hallmark of genius? Benefiting yourself and others.
The hallmark of idiocy? Failing at both simultaneously.
Ridiculous who elected #ElonMusk anyway?
The highest-ranking career official at the #TreasuryDepartment is departing after a clash with surrogates of #billionaire Elon #Musk’s #DOGE who sought access to sensitive payment systems.
#law #Treasury #economy #USpol #FederalAgencies #kleptocracy #plutocracy #broligarchy #tyranny #autocracy
https://www.washingtonpost.com/business/2025/01/31/elon-musk-treasury-department-payment-systems/
Nvidia alone is responsible for 11% of US GDP. There are approximately 20,000 corporations with >500 employees in the US.
This is not a healthy economy.
#AI #GenAI #GenerativeAI #NVIDIA #bubble #AssetBubble #economy
This is not a healthy economy.
#AI #GenAI #GenerativeAI #NVIDIA #bubble #AssetBubble #economy