Covid began in 2020. Trump bungled it into a deep recession. Biden had the economy humming again on January 19, 2025. Trump Crash 2.0 might be two Covids deep. The sooner he is defeated, the better for everybody.
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www.dailykos.com/stories/2025... The US economy is deteriorating in parallel with the political situation. Appreciation of this fact is clouded in the media. Ignorance is papered over by a disingenuous debate and journalistic equivocation. We need to unlearn some “basic economics.
This is true. But a convincing BS machine. Uses active verbs and vigorous language.
Make America have a massive secret police again. MAGA
Keep trying. After all, you're getting paid.
en.wikipedia.org/wiki/1999_Ru...
Still waiting for the "mass". American industry cannot stand "mass", so they show up in blue states to terrorize, not on Iowa dairy farms, in South Dakota packing plants, or at Florida resorts. Just terrorism, not deportation.
This very thing has happened before. Trump cuts Ukraine aid, some faction of the GOP revolts, Trump blames the stooge. And there are always stooges. That's all he hires.
Apparently Putin is tired of the flak he's getting for killing Ukrainian civilians, so he's going to kill some Russians. Surprised he hasn't done this already. Killing his own and blaming others is a theme of his rule.
They are paying back their donor/owners for the cost of purchase.
Biggest wealth transfer? Not sure Reagan's wasn't bigger, cutting taxes on the rich and imposing big new payroll taxes on the working class. The bailout of the banks in 2008, while homeowners got the shaft was huge. It just that now sucking at the veins of the public is just more out in the open.
The con man can't con if nobody listens. Maye Trump's genius is generating just enough outrage. time to get to work dismantling the oligarchy. The shameless grifters will die by themselves.
The oligarchs are oligarching
Often it feels like we are living in a “New Reconstruction” A massive backlash against progress in civil rights. Yet another spasm of white supremacist patriarchic rage.
Good Trouble Lives On: A Day of Action” The US needs a working democracy NOT rule by oligarchs and grifters Sign up here: www.mobilize.us/john-lewis-a...
Another illegal move. 85% of Trump's moves are illegal -- as later determined by the courts -- but the law is just another obstacle to the grifters and the oligarchs. Do what you want, legal or illegal, and create the chaos to exploit.
No unbreaking this.
Amen.
This is a man who never should have been president. What a fiasco. "Nutjob" is the N word that fits. All four of these countries -- Russia, Iran, Israel and the US have fascist nutjobs at the top. And they're the ones going to war. The world is not safe unless working democracies dominate.
The result of decades of work by the pro-oligarch wing. Installing the unqualified, stealing seats, funding the Federalist Society. They now control the Court and the Republican Party. Democracy is in the rear view mirror.
It is never mentioned that Martin negotiated the "Treasury Accord", not even the Treasury Secretary, and suddenly he is the New Fed Chairman. Fed history calls it "Independence." It may be independent of the President and Congress, but it's not independent of the banks. Ya gotta admit it.
If you have to wait for the data, you don't know what's going on. Both Wall Street and the Fed have been remarkably clueless on Trump's chaos, corruption and incompetence.
Is it loneliness or loneliness driven by shame?
Someday somebody will have to explain to me why the Fed raising interest rates to dampen inflation from tariffs is not redundant to the effect of prices themselves. You could almost make matters worse that way.
www.nature.com/articles/s41... High-income groups drive climate extremes worldwide - Nature Climate Change. Of the emissions driving climate change, 67% is attributable to the top 10% of the global income distribution - 20% is due to the top 1%. @heimbergecon.bsky.social
Brilliant!
I dunno. He does have that mini pope-mobile he rides around in. Not sure killing tens of thousands by shutting down aid in Africa is going to look good on the resume, though.
Specialized consumer discretionaries decline. economictimes.indiatimes.com/news/interna...
Just a reminder. The US economy was the envy of the world under Biden. All of the rise in GDP post-pandemic was Biden's fault, plus 0.2.
ICE Arrests Farm Workers Involved in Landmark Labor Rights Case theintercept.com/2025/05/05/i...
Credit card delinquincies continuing to rise. Desperate times for more than 10% of the population. #economy #recession
BREAKING 🚨: Crude Oil Crude Oil on track for its lowest closing price since February 2021 📉📉
It's 24/7/365 maliscious nonsense. It needs 24/7/365 360-degree opposition. Shut down the Senate, please.
Of course those with inventory are going to hold onto it for a month then raise the price for a neat windfall profit. It's a tradition.
The guy who wants to invade Canada thinks he's pope material. So ludicrous. So clueless. So untethered. Uncontrollable masquerading as intentional? It is very weird.
Pretty sure boomers are not arguing with their kids and grandkids like that.
Sure. Nice of you to truncate the previous years. The Buffett Indicator shows exactly why Buffett is out of equities.
The logo is not expressive of the malignant evil Trump embodies. Hope you revise it.
I look forward to your placing a hold on all nominations by this insane, criminal, corrupt, incompetent, Constitution-trashing, fascist President.
I'd buy one.
Tariffs will spike prices. So will deporting productive workers. Does Trump not realize this, or is he still getting direction from Moscow?
A massive failure of leadership to hold after your colleagues and constituents have expressed no confidence. It is arrogant and destructive. My concern is that his real constituents are the Wall Street donors. Other Dem senators are kept in line by Big Money, not what's right.
Trump is crashing the economy. In Q1, the rush to import in front of the tariffs drove net exports down into the negative zone. The US had an economy that was the "envy of the world" 101 days ago. Today there is nowhere to go but down. no paywall for this WSJ article www.wsj.com/economy/us-g...
He had help. Paul Volcker had interest rates at 16% to kill inflation by killing the working class. ... Reagan shifted taxation to the working class by instituting the payroll tax and cutting taxes on the rich and corporations. He was also a bad actor, like Trump.
A good man, but weak on pointing out the super rich as the engine of the diseases that afflict us, including Trump. I prefer Bernie's messaging.
Absolutely right. The coming economic slump should expose to many that we cannot afford the super rich. People are getting poorer exactly BECAUSE the rich are getting richer. I do think stocks are way overvalued. A lot of the wealth of the rich is paper. Not that they won't kill you to keep it.
www.cnn.com/2025/04/29/b...
ICE is the American Gestapo. In Oklahoma City, Tacoma, everywhere.
Please highlight this story. ICE stormed into the wrong house, trashed the place, and made women/girls stand outside in the rain in their underwear. ICE also stole phones, laptops, and cash savings from the family, who moved to OKC two weeks ago. kfor.com/news/local/w...
bsky.app/profile/dema...
bsky.app/profile/dema...
We need better leadership than Chuck Shumer. His latest show of strength was sending a strongly worded letter to Trump.
www.youtube.com/watch?v=zMnd...
Here's a speech from Pritzger. He is definitely not failing. www.youtube.com/watch?v=zMnd...
Living in Seattle, I remember this sudden absence of container ships in the harbor from 2008. Wikipedia has an article "The Great Trade Collapse". en.wikipedia.org/wiki/Great_T... The 2008-09 drop in trade was global, synchronized across the world. Not the case with the Trump Tariff Tantrum.
Like Bezos will let this happen.
Yes. I noticed. Seem to be legitimate democratic voices. Erdogan has been such a disease on the world, and such a cancer on Turkey. A criminal with more wits than our president. One wonders why God allows them to fester so long.
"At 12:58 pm EST on April 9, 2025, someone placed a perfectly-timed options bet in recent market history. Just 32 minutes before Trump's surprise tariff announcement, thousands of SPY call options ... flooded the order book...." A modest $100,000 bet became $3.6 million in less than three hours."
"A real strategy for reshaping global commerce would come with investment, transition plans, and support for workers. It would build and not just block. But what we've seen so far isn't strategy. It's spectacle. ... Disruption without design." www.dataandpolitics.net/empty-ships-...
Because the components have been bad for seven weeks. The tariff and DOGE damage are still to come.
The Atlanta Fed's GDPNow is negative for seven weeks now. That's from before the tariff incompetence/corruption/stupidity.
Observe the fall and rise of the oligarchs tracks the rise and fall of the middle class. The wealth of the few is a good marker for the misery of the many. The Dot-Com bubble popped for them. But the Feds bailed them out of the GFC (economic ruin for millions) and it wasn't even a speed bump.
Reflect, however, that the business community and Wall Street had no problem with DOGE. The attacks on Social Security and the VA, the pimply programmers getting the confidential data on tens of millions, it was all okay. Only when tariffs started wrecking their balance sheets did they complain.
Consumer confidence and consumers' estimate of their present situation both going down, and have been since innauguraiton day 2025. Expect them to go much lower. [Interesting shape to the 'present situation' line, explains political mood.] www.conference-board.org/topics/consu...
Yes, tariffs are bad, but the attacks by Musk on basic government operations, the reversal of the Biden economy ('the envy of the world'), the shock to faith in Social Security, Medicaid, the VA, etc., and so on had already guaranteed a slump.
Looks more like desperation. Where is he getting all these investigators and lawyers? Don't they have ketchup to clean up somewhere?
Outrage is a defense?
It's likely a gift. Not from her husband. (Cory?)
Griftoment.
Tesla profits sink, in WSJ speak. www.wsj.com/business/aut...
Max Boot
"Only"? He's a psychotic, corrupt, incompetent blowhard!
Totally empty promises. Profit without accounting for the "externalities" is 40 years of history. Any pretense it will change is puppet theater to amuse the academics.
Obviously the profit-driven Big Oil sector, with its political muscle, is the driver of climate change AND conflict. The failure of capitalism to address the death of the planet's climate is exactly its failure to account for the costs or incorporate them in prices. Puppet theater won't help.
Don't you feel safe? A cyber attack on the US, a terrorist strike, a false flag operation designed to fool officials into doing something stupid, maybe instigation of the Insurrectioni Act... So many things competence would protect us from that we are totally exposed to now.
Dividing whom exactly?
You're a distraction, Joe, if you're saying Democrats are not fighting. You been in a coma?
It would be good to bring the issue to the front, Senator. Services and staff are being cut and Musk has rewired the (not broken) computer infrastructure. Surely there is a "Hands off" resolution that would pass the Senate.
It's been 30 years. Banging the drum for carbon pricing when you cannot raise the excise tax on gas is a shadow play.
The corruption is in plain sight. Looting government is now considered a legitimate business profit center.
Looting government is now a profit center. Grotesque income inequality, a huge overvaluation of equities, private debt at nearly twice a healthy level... Explaining the slump by tariffs misses too much. Get ready for another "nobody could have seen this coming" moment.
Somehow Elon Musk slipped below economists' radar. The shock to households who were counting on Social Security, for example, will crush consumer spending, a long-time driver of US growth. Trump's corruption operates in plain sight, with enthusiastic participation of the oligarchs...
It's cute how tariffs have finally gotten folks' attention. But the crazy has been in plain sight for months. The attack on government was happening from Day 1. Biden's economy was not just paused, it was reversed...
www.aol.com/finance/bill...
As you might expect from the servants of the super-rich, QNB focuses on equity and debt markets and gold. Not particularly valuable or accurate. Offered for context. thepeninsulaqatar.com/article/19/0...
The tentacles of incompetence, corruption, bigotry, and stupidity are wrapped around their own throats.
farm workers - planting - pruning - harvesting construction workers domestic workers food processing workers
The economic impact of losing tens of thousands of productive workers will bite Trump in the heinie. Farm workers, construction workers, domestics, plus the specialized skills here on special visas. Y'all need to game out the coming economic slump. It's not just prices, its production, too.
No maybe about it. Alito and Thomas, on the other hand, are simply fascists.
Van Hollen, my bad.