Showing posts with label US economy. Show all posts
Showing posts with label US economy. Show all posts

Saturday, November 08, 2025

Out-of-touch Trump Talks Up Economy among Sycophants and Stars in Miami

THE GUARDIAN: President jets in to speak at ritzy American Business Forum as millions see their food aid slashed – crisis, what crisis?

It was the week in which Republicans took a beating at the polls, the government shutdown became the longest in history, and 42 million people across the country, including 3 million in Florida, saw their federal food aid slashed.

But in the alternative reality of Miami, where tickets to an overwhelmingly conservative business conference headlined by Donald Trump cost up to $1,990, and billionaires from Saudi Arabia rubbed shoulders with equally wealthy American tycoons such as Jeff Bezos and Ken Griffin, those events created barely a ripple.

Instead, in a gesture that appeared almost to mock the widening disparity between the city’s haves and have-nots, organizers of the America Business Forum cooked up a little treat for attendees: a $50 gift card to spend on food to sustain themselves while they listened to their president congratulate himself for a “golden age” he said his “economic miracle” had delivered.

Advocates say the move, along with the high-budget opulence of the conference itself, was an ill-timed insult to more than a half-million Miami-Dade county residents who just saw their own ability to buy essential groceries for their families kiboshed by the gutting of the Supplemental Nutrition Assistance Program (Snap). » | Richard Luscombe in Miami | Friday, November 7, 2025

Thursday, November 06, 2025

Donald Trump's Economy is FAILING

Nov 6, 2025 | Despite Trump's constant remarks about the great state of America's economy, the reality of the situation is dire. Steve Schmidt looks at the state of the American economy and why Trump's lies will have a terrible impact on our country.

Monday, October 27, 2025

Trump Treasury Secretary Poses Biggest Threat to America's Economy

Oct 27, 2025 | As Trump's tariff war continues, goons like Scott Bessent are determined to spread lies across American media. Steve Schmidt looks at the ongoing tariff decisions and urges voters to remove this political regime.

Emily Galvin Almanza on People’s Rights in the Face of Trump’s Private Army and Collapsing Economy

Oct 27, 2025 | Emily Galvin Almanza joins Anthony Davis to discuss people’s rights in the face of Trump’s private army, as ICE ramp up their indiscriminate kidnappings on the streets of America. Plus, the retribution campaign against James Comey, John Bolton and Letitia James, and the true meaning of the demolition of the East Wing of the People’s House - only on The Weekend Show.

Thursday, October 16, 2025

Thom Hartmann: The US Recession Has Begun

Trump has zero understanding of macro-economics; and it shows in his dumb policies. He inherited a great economy from Joe Biden and he’s screwed it up. Like everything else he touches.

Saturday, September 20, 2025

The Collapse of Everyday Life in America Has Begun

Sep 8, 2025 | Everyday life in America is unravelling before our eyes — and the signs are impossible to ignore. From skyrocketing living costs and housing market crashes to empty shelves, retail closures, and failing healthcare systems, the very foundation of American life is cracking. In this video, we expose the shocking truth behind why daily life in the U.S. is collapsing in 2025 — and what it means for millions of families already struggling to survive.


This must be the economy produced by “a very stable genius”! Trumponomics by any other name. — © Mark Alexander

Hamburger Helper Sales Rise as Americans Try to Stretch Their Food Dollars

THE NEW YORK TIMES: The price of beef and other grocery items are climbing, and consumers are turning to canned meats and a 1970s staple.

In the 1970s, Hamburger Helper became a staple on American dinner tables as families, strained by inflation and soaring beef prices, looked to turn a pound of ground beef into an entire meal.

These days, those same pressures are why the flavored pasta mix is coming to the rescue again.

While most food companies are seeing declines in consumer demand for their products, sales of Hamburger Helper are up 14.5 percent in the year through August, getting an extra bump from its appearance on an episode of “The Bear” in June, according to the company that owns the brand, Eagle Foods.

And it’s not just Hamburger Helper. Sales of foods commonly purchased by consumers when financial times get tough are on the rise, according to industry analysts. Purchases of rice are up 7.5 percent this year. Distressed shoppers are also buying more cans of tuna, salmon and sardines. Sales of beans and boxes of macaroni and cheese are also strong, based on data from the research firm Circana.

Uncertainty about the economy and higher tariffs levied on goods from a variety of countries have led many consumers to refocus their spending on essentials or items that are good values, while cutting back on extras or unnecessary spending. » | Julie Creswell | Saturday, September 20, 2025

How can this be? I thought that the economics genius now in the driving seat in America was going to bring down the price of eggs for the beleaguered American consumer, and fix the US economy BIGLY! This must be another one of the president's failures. — © Mark Alexander

Donald Trump Attacks Fox News because Americans Are P****d about His Terrible Economy

Sep 19, 2025


If you elect a know-nothing to lead you, and a cipher, how can you expect the economy to perform well? — © Mark Alexander

Saturday, September 13, 2025

Recessions, Assassinations and Government-Sanctioned Murder | The Schmidt Storm

Sep 13, 2025 | In the latest edition of "The Schmidt Storm", Steve Schmidt answers your questions about the Charlie Kirk assassination, America's dangerous game in Venezuela and the current state of the US economy.

Thursday, August 07, 2025

This is Way Worse Than You Think - America Is in Decline! - Jeffrey Sachs

Aug 6, 2025 | Jeffrey Sachs is a world-renowned economist, professor, and global development expert known for speaking truth to power. With decades of experience advising governments, the United Nations, and world leaders, Sachs is not afraid to challenge U.S. foreign policy, corporate interests, and global economic injustice.

He served as the Director of The Earth Institute at Columbia University, a UN advisor under Kofi Annan and Ban Ki-moon, and has played a major role in shaping international economic policy in Latin America, Africa, and Eastern Europe.

In recent years, Sachs has gained attention for his bold criticisms of U.S. military interventions, his warnings about global economic collapse, and his support for multipolar cooperation, including better relations with China, Russia, and the Global South.


Wednesday, August 06, 2025

"Coming Up Short": Robert Reich on His Memoir, Rising U.S. Inequality & Fighting Against Bullies

Aug 6, 2025 | We speak with former Labor Secretary Robert Reich about his new memoir, "Coming Up Short," which tells his life story alongside the growth of inequality in America. Reich was born in 1946 as part of the baby-boom generation that enjoyed unprecedented levels of prosperity and social mobility in the decades after World War II. But he says those conditions were squandered as wealth concentration grew worse, labor unions were gutted and wages stagnated — helping to give rise to Donald Trump's brand of authoritarianism. "We allowed big money to take over," says Reich. "We, the baby boomers, although we did a lot of good things, we took for granted what we were given. … And Donald Trump is kind of the essence of what you do when you take your eyes off the prize."


The American economic system in the western capitalist world is the SHITTIEST economic system of all. It is capitalism heavy, corrupt, and raw. And it shows! — © Mark Alexander

Saturday, August 02, 2025

Republicans Slam Trump’s Firing of Bureau of Labor Statistics Chief

THE GUARDIAN: President claimed that recently released figures showing jobs slowdown were ‘rigged’ to make him look bad

Senior Republican lawmakers are condemning the decision of their party leader, Donald Trump, to fire the leading US labor market statistician after a report that showed the national economy added just 73,000 jobs – far fewer than expected – in July.

The disappointing figures – coupled with a downward revision of the two previous months amounting to 258,000 fewer jobs and data showing that economic output and consumer spending slowed in the first half of the year – point to an overall economic deterioration in the US. » | Edward Helmore | Saturday, August 2, 2025

The US jobs market is slowing down because of Trump’s own mismanagement. It’s as simple as that! Trump has created great uncertainty in the economy. Uncertainty is poison for a flourishing economy. So the buck stops with Trump himself. – © Mark Alexander

Friday, August 01, 2025

Wall Street Update: Dow Tumbles over 500 Points amid New Tariffs, Weak Jobs Report

Aug 1, 2025 | As the global trade market is hit with President Trump's new tariffs, the latest jobs report shows job growth has slowed sharply. Trump is blaming Fed Chair Jerome Powell for the weak report. NBC News' Shannon Pettypiece and Garrett Haake have the latest reporting. Axios Chief Economic Correspondent Neil Irwin joins Ana Cabrera to share his analysis.

Saturday, July 12, 2025

Michael Lambert: Is Trump Really Turning into a Dictator?

July 12, 2025 | Trump is an insecure man-child, always in need of praise and flattery. And yet he is the most powerful man in the world. He is becoming a dictator. He has surrounded himself with sycophants who dare not cross him.

Ice or Immigration Compliance Enforcement is a force of 21,000 thugs with a budget of $3 billion who are able to arrest and deport anyone without proper proceedings or due process.

The Tacos tariffs are a fiasco. Out of the '90 deals in 90 days' predicted by Trump only two have been agreed. Trump has now postponed the deals from July 1st to August 1st and is writing letters to various countries hoping to get a deal.

The approval for Donald Trump is now at minus 12%. Higher prices and shortages are expected very soon because of the tariffs. Moreover, the deportation of 3000 mimmigrants every week is leading to food shortages since there are no workers to harvest fruit in fruit-growing areas.

With falling popularity, rising prices, widely predicted shortages, lay-offs and firms closing, life in America is likely to become very much more difficult for many, including countless Maga supporters.

It may well be that Trump will see no option but to declare martial law, suspend elections indefinitely, and effectively become a dictator.


Thursday, June 26, 2025

Democracy Now! "The Economy Is Rigged": Robert Reich on Zohran Mamdani, The Democratic Party, Inequality, and Trump

June 26, 2025 | We speak with former Labor Secretary Robert Reich about the victory of Zohran Mamdani in the New York Democratic primary for New York mayor, the rise of Donald Trump, and the role of big money in politics. "This is the one thing that I agree with Donald Trump about: The economy is rigged — but it's rigged against working-class people. And I think Mamdani understood that. He understood that people have got to want a change, but also they want affordability. They want an economy that is working for them."


Democracy Now! can be supported here.

Monday, March 17, 2025

Trump Says the Economy ‘Went to Hell’ under Biden. The Opposite Is True

THE GUARDIAN: By standard measures such as job and GDP growth and the stock market, the US economy was in excellent shape

Donald Trump keeps saying he inherited a terrible economy from Joe Biden and many Americans believe him, even though that’s not true. During his White House marketing event for Tesla on Tuesday, Trump said the US and its economy “went to hell” under Biden. Last week, in his national address to Congress, Trump said: “We inherited from the last administration an economic catastrophe and an inflation nightmare.”

But the truth is that by standard economic measures, the US economy was in excellent shape when Biden turned over the White House keys to Trump, even though most Americans, upset about inflation, told pollsters the economy was in poor shape.

When Biden left office, the unemployment rate was a low 4.1%, and during Biden’s four years in office, the average jobless rate was lower than for any president since the 1960s. Trump has repeatedly railed against the high inflation under Biden, but the fact is that by the time Biden left office, the inflation rate had fallen to just 2.9% – down more than two-thirds from its peak and near the Federal Reserve’s inflation goal. » | Steven Greenhouse | Sunday, March 16, 2025

Sunday, March 16, 2025

Scott Galloway on Markets, Musk, and Trump’s “Weapons of Mass Distraction” | Amanpour & Company

Mar 12, 2025 | Scott Galloway believes there is method in Trump's "MAGA-nomics" -- from a tariff war to tax cuts for the rich. Galloway is an NYU professor, author and podcast host. He joins the show to break down what Trump's policies mean for the American economy.

Thursday, March 13, 2025

‘Idiotic and Dangerous’: Republicans Running Out of Answers for Trump Torching the Economy

Mar 13, 2025 | David Gura, Bloomberg News Anchor and Correspondent and Matina Stevis Gridneff, New York Times Canada Bureau Chief join Nicolle Wallace with the latest impact of Donald Trump’s intentional trade war, the impact it has had on our relationships with our former key trading partners and the negative impact it will have on all Americans as price begin to rise across all aspects of the American marketplace.

Wednesday, March 12, 2025

The DOGE and Tariffs SCAM Designed to Wreck the US Economy

Mar 12, 2025 | Have Trump and Musk concocted a plan to crash the U.S. economy? Economists say tariffs don't work and that DOGE is a scam. Anthony Davis reports.


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