Musk has lost his shine with Trump so he has been sidelined. Instead, Musk has become critical of Trump and what he is doing. In this case Musk is calling Trump’s latest “This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. […]
If we just don’t see it, it didn’t happen, amirite? “Trump administration officials delayed and redacted a government forecast because it predicts an increase in the nation’s trade deficit in farm goods later this year, according to two people familiar with the matter. “The numbers run counter to President Donald Trump’s messaging that his economic […]
– by New Deal democrat Last month I concluded my report on the economically weighted ISM manufacturing and services indexes by writing “new orders for the entire economy are tight on the cusp of tipping into contraction.” This month, they did, warranting a “Recession Watch.” To recap, because manufacturing is much less important to the economy […]
Sure, Trump and Musk are endangering America by their cuts to the Department of National Security, the FBI and the CIA. Sure, those cuts make it easier for the next 9/11 attack. But whatabout back when the Democrats held the WH and Congress and had the clairvoyance to foresee all this and didn’t pass any […]
Josh Marshall won’t come out and say it, but I will. Musk’s attack on Trump’s “Big Beautiful Bill” is political kayfabe. Josh points out that they could each draw blood but haven’t. “Both of these guys have very big weapons each can use against the other. Musk can invest money against the GOP budget bill […]
June 2, 2025 by Heather Cox Richardson Letters from an American The Republicans’ giant budget reconciliation bill has focused attention on the drastic cuts the Trump administration is making to the American government. On Friday, when a constituent at a town hall shouted that the Republicans’ proposed cuts to Medicaid, the federal healthcare program for […]
Start to cancel some of the loans instead. Student loan debt is now the second-highest consumer debt category after mortgages. Student loan debt in the United States totals $1.777 trillion; annual growth resumed in 2024 following a year-over-year (YoY) decline in 2023. Additional Information Federal Student Loan Portfolio | Federal Student Aid Table of Contents Student Loan Debt […]
– by New Deal democrat The JOLTS survey, which decomposes the employment market into job openings, hires, quits, and layoffs, was reported this morning for April. In 2024 the data were most consistent with a “soft landing,” but the actions of the new Administration, especially on trade, have exacerbated the fear that this might transform into […]
The Department of Homeland Security was created in the wake of the 9/11 terrorist attacks, ostensibly to consolidate and coordinate anti-terrorist activities previously housed in several different federal agencies. We can debate whether DHS has been an unalloyed good, but it at least paid lip service to the notion that the federal government has an […]
Swiss review of Global, European and U.S. occurrences in the world today and its impact upon their country and its people and well as others. It is interesting if you have time to read such. I would read their news when I could as well as the German reports while in Europe. SWI swissinfo.ch 2024 […]