“When people can’t get their #SNAP, they’re going to go to the #food banks. There isn’t enough food in the food pantries to handle this need. I mean, they’re all saying we’re going to run out of food. There’s no way we can replace everybody’s SNAP benefits.” https://www.texasobserver.org/snap-benefits-shutdown-will-leave-hungry-students/
economy
The Fed is performing mental gymnastics to explain why a "strong" economy isn't hiring anyone.
Would you believe it, turns out AI is the reason job creation is near zero. It's the perfect, trendy scapegoat for a plain old recession!
https://fortune.com/2025/10/30/jerome-powell-ai-bubble-jobs-unemployment-crisis-interest-rates/
#Democrats have to win big in November.
#Senate rejects resolution to block #Trump from striking #Iran
The #WarPowers resolution was the fourth to fail in the chamber since the war’s start — but some #Republicans expressed fresh concern about the conflict as it approaches the two-month mark.
#IranWar #TrumpsWar #MafiaState #WarMonger #WarCrimes #RegimeChange #RulesOfWar #law #Congress #geopolitics #NationalSecurity #MiddleEast #economy #inflation #EnergyCrisis
https://www.washingtonpost.com/politics/2026/04/15/iran-war-powers-trump/
In US first, #NewMexico launches #free #childcare for all
Saturday NM became the first #US state to offer free child care to all residents in a bid to boost its #economy & lift #education & #ChildWelfare levels…
NM Gov Michelle Lujan Grisham (D) told reporters #child #care was "the backbone of creating a system of support for families that allows them to work, to go to college, to do all the things they need to do to continue to lift New Mexico out of #poverty."
#law
https://www.reuters.com/world/us/us-first-new-mexico-launches-free-child-care-all-2025-11-01/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
The #US #trade court on Thurs ruled against #Trump's latest 10% global #tariffs, finding across-the-board tariffs were not justified under a 1970s trade #law.
The US Court of International Trade [#CIT] ruled in favor of #SmallBusinesses that challenged the tariffs, which took effect on February 24. The ruling was 2-1, with one judge saying it was premature to grant victory to the small business plaintiffs.
#economy #inflation #tax #consumers #business #recession
https://www.reuters.com/world/us-trade-court-rules-against-trumps-10-global-tariff-2026-05-07/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
Again & again since #Trump returned to the White House, #SCOTUS’ conservative majority has blessed his boundary-pushing policies….
But on Wednesday, the justices will consider for the first time whether to say “no” to Trump….
At issue is the legality of his…use of emergency powers to impose sweeping #tariffs on nearly every US trading partner. The outcome of the case could significantly affect the global #economy….
#law #AbuseOfPower
https://www.nytimes.com/2025/11/03/us/politics/supreme-court-trump-tariffs.html?smid=nytcore-ios-share&referringSource=articleShare
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%
#Layoffs accelerated in October, pushing 2025 job cuts to levels typically seen in a #recession, acc/to newly released data from Challenger, Gray & Christmas, a private firm that tracks workplace reductions.
#US employers have announced 1.1 million layoffs so far this year — the largest reading since the pandemic recession & on par with 2008 & 2009 job cuts during the Great Recession, the firm’s figures show.
#economy #Trump #tariffs #inflation #trumpcession
https://www.washingtonpost.com/business/2025/11/06/job-cuts-accelerate-october-layoffs-trump/
Edited 308d ago
Trump’s support among voters is fading fast, but Congressional Republicans refuse to acknowledge their peril, as they succumb to nearly all of his demands.
⚡️”The gap between voters saying their vote is anti-Trump and those saying it’s pro-Trump is larger than ever.
It’s also the largest such gap since 2006.”
-A Blake
#DementiaDon #Fascism #TrumpShutdown #Shutdown #Trumpcession #Economy #NoKings #Sadism #Protest #USPol
https://www.cnn.com/2025/11/08/politics/anti-trump-vote-virigina-new-jersey
Edited 306d ago
"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
POST-ELECTION ECONOMIC NEWS:
ADP's latest private-sector jobs report was released this morning, and the numbers help explain why voters are so worried about the economy and why they went so heavily Democratic last night.
Job growth has collapsed under Trump's tariffs.
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
They bought #HealthInsurance promoted by #Trump. Then they needed surgery.
The cheap #health #insurance promoted by Trump officials has a catch.
Some states have banned “short-term” insurance plans with limited coverage, & consumer advocates have warned of the drawbacks.
#law #scammers #affordability #healthcare #HealthcareCrisis #CostOfLiving #economy #HealthyIfYoureWealthy #Aporophobia #SocialCleansing #EconomicDiscrimination #plutocracy #policy #USpol
https://wapo.st/4oRpNtt
Edited 298d ago
"Welcome to the Great AI Bubble, a metastasized trillion dollar tech tumour so massive it’s practically visible from space.
If you haven’t heard of this yet, it’s not because you're not paying attention."
~ Carole Cadwalladr
Reuters Exclusive: #Trump approval falls to lowest of his term over prices & #EpsteinFiles, Reuters/Ipsos poll finds
Trump's approval rating fell to 38%, the lowest since his return to power, with Americans unhappy about his handling of the #CostOfLiving & the investigation into #Epstein.
#affordability #economy #law #criminal #rape #ChildSexCrimes #felon47 #RapistInChief
https://www.reuters.com/world/us/trump-approval-falls-lowest-his-term-over-prices-epstein-files-reutersipsos-poll-2025-11-18/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
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
“I have a foreboding of an America in my children's or grandchildren's time -- when the United States is a service and information economy; when nearly all the manufacturing industries have slipped away to other countries; when awesome technological powers are in the hands of a very few, and no one representing the public interest can even grasp the issues; when the people have lost the ability to set their own agendas or knowledgeably question those in authority; when, clutching our crystals and nervously consulting our horoscopes, our critical faculties in decline, unable to distinguish between what feels good and what's true, we slide, almost without noticing, back into superstition and darkness...
The dumbing down of American is most evident in the slow decay of substantive content in the enormously influential media, the 30 second sound bites (now down to 10 seconds or less), lowest common denominator programming, credulous presentations on pseudoscience and superstition, but especially a kind of celebration of ignorance”
-- Carl Sagan, "The Demon-Haunted World: Science as a Candle in the Dark" (1995)
#America #government #economy #science #religion #CarlSagan #Sagan #prognostication #foreboding #ignorance #books
Edited 116d ago
This is the country that wants to compete with China. Two-thirds of voters now believe a college degree is a financially ruinous trap, a complete reversal from a decade ago. The US is actively dismantling its own pipeline for advanced skills and knowledge while complaining about falling behind. The self-sabotage is frankly impressive.
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
#Hegseth Says #US Is Poised to Resume Combat if Talks Fail
Defense Secretary Pete Hegseth urged #Iran leaders to “choose wisely” & threatened more attacks, even as the war’s economic toll puts pressure on #Trump.
#MafiaState #TrumpsWar #IranWar #war #WarCrimes #RegimeChange #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #oil #energy #EnergyCrisis
https://www.nytimes.com/live/2026/04/16/world/iran-war-trump-lebanon-news?smid=nytcore-ios-share
#House #Republicans Thursday narrowly blocked a challenge to Trump’s #authority to continue #combat operations in #Iran, fending off a Democratic-led effort to halt the #war even as bipartisan frustration grows over a conflict that has dragged on for weeks without congressional consent.
#TrumpsWar #IranWar #US #Trump #law #Congress #WarPowers #NationalSecurity #WarCrimes #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
https://apnews.com/article/iran-war-trump-war-powers-iran-congress-e85410b6f404ddd45a9da0a09f1c285f
#Trump Remarks Reveal a [Callous] #Billionaire Out of Touch
With his generational wealth, his 20-acre Mar-a-Lago estate in Palm Beach, FL, & his lucrative family businesses around the world, Trump has never…[been]…an ordinary American.
Instead, he has argued that he could use his [bogus] business savvy to help lift up the country’s forgotten men & women.
#US #economy #inflation #CostOfLiving #affordability #recession #trumpcession
https://www.nytimes.com/2026/05/17/us/politics/to-critics-trump-remarks-reveal-a-billionaire-out-of-touch.html?smid=nytcore-ios-share
#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 1y ago
Jobs Report: Unemployment Continues to Rise Under Trump's Tariffs
