Tag: Economy

JD Vance Unironically Compares America to the Titanic

“There’s a firm argument to be made that this art form, the Delta blues, is our country’s most important contribution to global popular culture. You know, I think it’s probably [Black people’s] most important artistic contribution to the world,” Coogler told Democracy Now! last spring. “And it was such a profound discovery, that this music […]

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Trump’s DHS Thinks You Are the Biggest Threat to America

Countries that have agreed to join the board instead include Argentina, Belarus, Egypt, Jordan, Hungary, Indonesia, Israel, Kazakhstan, Kosovo, Morocco, Pakistan, Qatar, Turkey, Uzbekistan, Vietnam, Turkey, and Saudi Arabia. The “Board of Peace” idea emerged from the Gaza “ceasefire”—an agreement that has been broken countless times, as at least 11 Palestinians, including two children and […]

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DHS Report Shows Trump Thinks You Are Biggest Threat to America

Countries that have agreed to join the board instead include Argentina, Belarus, Egypt, Jordan, Hungary, Indonesia, Israel, Kazakhstan, Kosovo, Morocco, Pakistan, Qatar, Turkey, Uzbekistan, Vietnam, Turkey, and Saudi Arabia. The “Board of Peace” idea emerged from the Gaza “ceasefire”—an agreement that has been broken countless times, as at least 11 Palestinians, including two children and […]

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The Supreme Court Isn’t Joining Trump’s War on the Fed

Even Justice Samuel Alito, who otherwise seemed to lean towards the administration’s view, seemed to take issue with how it had handled the matter. “No court has ever explored those facts,” he told Sauer. “Are the mortgage applications even in the record in this case?” Sauer replied that the “text of the [Trump] social media […]

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Trump Takes His American Decline Tour to Davos

On stage at Davos, however, Trump looked like he might be entering his final season, and that what’s left of Trump’s brain is starting to realize it. Consider: In the speech, Trump said “I won’t use force” to acquire Greenland. This was a sign of weakness. To be clear: It isn’t weak to say America […]

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The Subtext of Trump’s Batshit Speech in Davos

“Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region,” he posted on Truth Social. “This solution, if consummated, will be a great one for the United […]

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EU Freezes U.S. Trade Deal After Trump’s Unhinged Davos Speech

Forcing the issue, however, could irreversibly damage America’s relations with some of its most significant allies. Over the long weekend, Trump announced a new wave of retaliatory tariffs against European countries that oppose his Greenland takeover, cautioning NATO allies against participation in a joint military exercise on the island. Late into Monday evening, Trump continued […]

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EU Freezes U.S. Trade Deal After Trump’s Appalling Davos Speech

Forcing the issue, however, could irreversibly damage America’s relations with some of its most significant allies. Over the long weekend, Trump announced a new wave of retaliatory tariffs against European countries that oppose his Greenland takeover, cautioning NATO allies against participation in a joint military exercise on the island. Late into Monday evening, Trump continued […]

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Trump Uses Davos Speech to Brag That He Can “Crush” the Housing Market

That day alone, Trump spent a 90-minute press briefing mumbling to himself over a stack of papers, alleging that “pirating ships” is the only thing that Somalis succeed at, claiming that “God is very proud” of his first year back in office, and alleging that a witness to Renee Nicole Good’s death in Minneapolis earlier […]

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There Is No Bigger Kitchen-Table Issue Than ICE Violence

Given their fixation on America’s dining rooms, it may help Jeffries and Schumer understand the problem of Immigration and Customs Enforcement to put it all in their favored kitchen-table terms. While there is no question crimes like the murder of Renee Good and ICE’s mass deportation campaigns in Minneapolis-St. Paul, Chicago, Los Angeles, Washington D.C., […]

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Trump’s Newest Voters Are Abandoning Ship

What a difference a year makes. Today, that widely accepted consensus about the 2024 election seems absurd. Trump hadn’t reshaped the electorate at all—he had simply won another toss-up election. Yes, he narrowly won the popular vote this time, but by a margin—in both popular and Electoral College terms—that was not historically impressive. And now, […]

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Elizabeth Warren Is Right About the Democrats’ Big Problem

Granted, Biden enjoyed only a narrow majority in the Senate, allowing two pro-business conservatives within the Democratic caucus, Sinema and West Virginia Democrat Joe Manchin—both of whom eventually quit the Democratic Party—to veto much of Biden’s redistributionist agenda. But Sinema and Manchin didn’t sit on the House Ways and Means Committee, nor were they among […]

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Global Central Bank Leaders Defend Jerome Powell After Trump Attack

Nationwide protests took place over the weekend after Agent Jonathan Ross shot and killed Renee Nicole Good Wednesday. More than 1,000 individual demonstrations were planned. Good was a 37-year-old mother who, alongside her wife and dog, had just dropped her 6-year-old child off at school. Ross is an Iraq War veteran who worked for Homeland […]

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The Market Met Jerome Powell’s Warning With Deep Denial

Not all the markets were impervious to Powell’s harassment by DOJ goons. The dollar, which is down 8.3 percent over the past year—that is, more or less since Trump took office—dropped steeply Monday morning before rising a bit in the afternoon. The yield on 30-year Treasury bonds, which has been rising since October, spiked Monday […]

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The Stock Market Met Jerome Powell’s Warning With Deep Denial

Not all the markets were impervious to Powell’s harassment by DOJ goons. The dollar, which is down 8.3 percent over the past year—that is, more or less since Trump took office—dropped steeply Monday morning before rising a bit in the afternoon. The yield on 30-year Treasury bonds, which has been rising since October, spiked Monday […]

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“WE’RE SCREWED”: Trump Panics Over Looming Supreme Court Tariff Ruling

McCormick, who served as deputy national security adviser in Trump’s first term, is now joining the parent company of Facebook, Instagram, Threads, and WhatsApp. Last year, McCormick briefly joined Meta’s board of directors before leaving in December. McCormick is married to Senator David McCormick of Pennsylvania, who was elected as a Republican to the Senate […]

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Fed Chair Jerome Powell Rings Every Alarm Bell About DOJ Investigation

“It’s too bad that the Ballroom hasn’t completed because, if it were, it would be PACKED,” Trump continued. “We apologize to those Oil Companies that we cannot take today, but Secretary of Energy Chris Wright, and Secretary of the Interior Doug Burgum, will see them over the next week. Everyone is in daily contact. “Today’s […]

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Jobs Numbers Hit Record Low as Trump’s Economy Continues to Tank

“Before I knew it, I saw ICE agents circling a young woman who appeared to be Hispanic, and so I approached her, and we were at that point chanting, ‘We are not afraid, we are not afraid.’” Callaghan then said he told ICE officers to take him instead of harassing her. An agent then “came, […]

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Jobs Numbers Hit Record Low as Trump’s Economy Craters

“Before I knew it, I saw ICE agents circling a young woman who appeared to be Hispanic, and so I approached her, and we were at that point chanting, ‘We are not afraid, we are not afraid.’” Callaghan then said he told ICE officers to take him instead of harassing her. An agent then “came, […]

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Trump’s Childcare Funding Freezes Are Going to Hit All Kids Hard

“Once they close their doors, there’s no coming back from that,” Lehnoff said. Christina Killion Valdez, the director of a childcare center in Rochester, Minnesota, said in a press briefing that the Minnesota state government had promised support, and that her organization had a cushion of three months for its overall program. But if the […]

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The Peak of Trump’s Fact-Free Vendetta Against Regulation

Lo and behold, that started to happen during the presidency of Barack Obama. Obama’s OIRA administrator, Cass Sunstein, broadened cost-benefit’s scope to include, for instance, the calculation of benefits to people living outside the United States, and to assign a (human) cost to the release into the atmosphere of carbon ($21.40 per metric ton). You can guess what happened […]

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Fox Admits Economy Is in Shambles as Key Indicator Hits Record Low

The investigations were laid out in an internal report drafted by the FBI in November and shared with other law enforcement agencies. The report mentions that using encrypted messaging apps to discuss ICE was considered an indicator of whether a person would engage in terrorism, as well as “stockpiling or distributing firearms” but also “conducting […]

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Even Fox Admits Trump’s Economy Is in Shambles

The investigations were laid out in an internal report drafted by the FBI in November and shared with other law enforcement agencies. The report mentions that using encrypted messaging apps to discuss ICE was considered an indicator of whether a person would engage in terrorism, as well as “stockpiling or distributing firearms” but also “conducting […]

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Fox News Finally Fact-Checks Trump’s Bizarre Claim About Drug Prices

“You know we won this thing by 400,000 or 500,000 votes,” Trump told Ralston, making up numbers out of thin air. “Just like we did Alabama and every other state in the South. And, uh, we won, we won, we won your state massively. They took votes away.” Ralston didn’t keep the call to himself, […]

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New Jobs Data Blows Up One of Trump’s Main Talking Points

“We kept yelling, ‘She is pregnant, she’s pregnant,’” resident Tonika Deutch told Murphy. “They put their knees on her. We kept telling them, ‘She can’t breathe, let her up, let her up.’” The woman was then dragged by one arm, as the crowd continued to yell and plead with the ICE agents. Bystanders threw snowballs, […]

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Job Growth This Year Paints a Grim Picture of Trump’s Economy

“We kept yelling, ‘She is pregnant, she’s pregnant,’” resident Tonika Deutch told Murphy. “They put their knees on her. We kept telling them, ‘She can’t breathe, let her up, let her up.’” The woman was then dragged by one arm, as the crowd continued to yell and plead with the ICE agents. Bystanders threw snowballs, […]

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How Labor Scored a Surprising Win in the GOP-Controlled House

Which brings us to another point: Deep staters are, as AFGE’s Horowitz told me, “very varied in their viewpoints and priorities.” Excepting the U.S. Postal Service, which is semi-private and receives little taxpayer money, the nonprofit Partnership for Public Service calculates that more than 70 percent of all civilian federal employees work in agencies related […]

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Trump’s Support Is Declining Among MAGA Base: Poll

In response, a bipartisan committee came up with some recommendations: a coin featuring Frederick Douglass to represent abolition, one with a “Votes for Women” flag to honor women’s suffrage, and a coin featuring 6-year-old Ruby Bridges, who helped desegregate her school in 1960. But Treasury Secretary Scott Bessent, who has ultimate say, did not follow […]

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White House Resorts to Desperate Method to Brag About Trump’s Economy

Leavitt tried to deflect, saying that Trump actually meant that he wants products made in America by American small businesses, even if they cost more, because Americans would get a better-quality product and would be supporting their fellow Americans. “Again, with respect to affordability, every economic metric, Kaitlan, and I wish you would report more […]

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