"So the banning of Chinese students was apparently just a bargaining chip in trade negotiations. No national security basis after all.
How do US consular officers deal with the lurching instructions?
-L Rozen
"For Trump, the agreement is not the thing.
An agreement is there to be opportunistically repudiated, and not to be performed.
He's anti-transactional."
-DA Green
#NationalSecurity #China #Tariffs #Trumpcession #Stagflation #Economy #Kleptocracy #USPol
An esteemed economist
warns us about the #TrumpRegime's #economy:
"A soft underbelly in May employment report.
139K payrolls added with downward revisions to April.
90% of payroll gains in 2 sectors: healthcare & social asst and leisure & hospitality.
Losses in fed employment, largely due to retirements & hiring freezes were almost entirely offset by an increase in employment in local govt. It's still to early to see the full..."
#Unemployment #Stagflation #Trumpcession #Layoffs #USPol
"Economists raise questions about quality of US inflation data."
"We are now entering an era where we cannot necessarily trust data coming from the federal govt on things like inflation. Something to watch VERY closely for GDP, unemployment, everything."
-R Filipkowski
#Sabotage #Authoritarianism #Economy #Inflation #Stagflation #Trumpcession #Unemployment #Layoffs #TrumpRegime #USPol
https://www.wsj.com/economy/cpi-inflation-data-accuracy-8bd2a8ae
"Reuters is reporting that Donald Trump’s tariffs and ridiculous trade war is costing companies more than $34 billion in lost sales and higher costs, according to an analysis of corporate disclosures.
So. Much. Winning."
-A Candee
#Tariffs #Economy #Trumpcession #Stagflation #Republicans #TrumpRegime #Resist #June14 #USPol
https://www.reuters.com/business/trumps-tariff-tally-34-billion-counting-global-companies-say-2025-05-29/
"Trump tariffs reinstated by appeals court for now."
Sycophants who should know better, are appeasing a #madman.
#Tariffs #Trumpcession #GDP #Economy #Stagflation #Trump #Resist #June14 #USPol
https://www.cnbc.com/2025/05/29/blocked-trump-tariffs-trade-court-appeal.html
We were hoping for the summer of love, or at the very least, the summer of ice cream and going to the beach, but alas, @damemagazine tells us, it’s the summer of stagflation. Kaz Weida explains the difference between this and a common-or-garden recession, the signs that indicate the U.S. is going in that direction, and lessons from the past about how to survive the squeeze.
https://www.damemagazine.com/2025/05/20/the-summer-of-stagflation-is-here/
"That’s because we’re about to have an economic collapse.
I look forward to being underwater on my mortgage.
For some, this will be the 2nd time #Republicans have managed to destroy their home equity."
-R Bitecofer
"The Housing Shortage is over.
Dallas, Miami, Denver, Scottsdale..."
-Rev Cap
#TrumpRegime #HomeEquity #Housing #Trumpcession #Stagflation #Tariffs #RealEstate #USPol
Americans don't want people going hungry in their communities, but Republicans do. Amplify.
"There is not a single congressional district in the US where more than 15% of voters support cuts to #SNAP the federal program that provides food assistance to millions of low-income Americans."
To check your district
#Republicans #TrumpRegime #Hunger #Children #FoodScarcity #Austerity #Trumpcession #Stagflation #Sadism #USPol
https://www.dataforprogress.org/blog/2025/5/22/voters-in-every-congressional-district-oppose-cuts-to-snap
"Well, Reps Lawler & Malliotakis
(and every other GOP Rep) just voted forhalf a TRILLION dollars in cuts to Medicare. Not Medicaid. Medicare. Sure hope those 30 second ads start cranking. Receipts below.
CBO letter confirming $490 billion cuts to Medicare."
-J Marshall
#Medicare #Medicaid #Austerity #Hunger #Seniors #Disabled #Trumpcession #Stagflation #Resist #June14 #USPol
#Stagflation, #recession, #hunger...
"#Austerity in this bill is going to be particularly impactful.
The stimulus in this bill is going to be esp non-impactful.
Poor ppl spend all the
they've back into the economy. The Bill cuts their after tax income.
Rich ppl invest all the excess money they have into FIN assets. This doesn’t lead to economic growth."
-S Hakimian
"Budget law:would make things worse, esp over the medium & LT, with slower growth & higher interest rates."
-J Furman
#USPol
"When was the last time Treasury bond yields rose above inflation as the economy was expected to weaken? Now & the 1970s.Fears of #stagflation are spooking the TSY bond market. Recent$ depreciation equally unusual, w/spike in uncertainty."
-D Swonk
JPM CHM Dimon: can’t rule out the US economy falling into stagflation as the country faces huge risks from geopolitics, deficits & price pressures.
He understands why investors may be cutting US$ assets.
#Trumpcession #USPol https://finance.yahoo.com/news/dimon-warns-us-stagflation-risk-041205358.html
"Best possible time tolight 4-7 trillion dollars on fire with tax cuts to people who absolutely don’t need more money."
-A Fritschner
"IF YOU ARE WONDERING WHY STOCKS JUST ALL WENT DOWN AT ONCE
WE JUST HAD A HORRIBLE BOND AUCTION IN THE UNITED STATES FOR OUR 20-YEAR TREASURIES
Because of the lack of bidders…it caused the 20-year bond yield to surge to 5.1%.
Credit market is screaming for help right now."
-Amit
https://qz.com/tgt-wmt-earnings-may-21-consumer-signals-1851781659
Target just sent up a giant red flag about the U.S. consumer
"Auto loan delinquency is officially at its highest level of all time.
Add another straw to the camel’s back.
Eventually, one of these insignificant straws, will cause the entire camel to collapse."
-S Hakimian
"If it wasn’t already crystal clear to you.
Let me spell it out for you.
They’re never going to get fiscally responsible.
They’re never going to cut spending & voluntarily put the economy into a recession to get our finances in order.
They’re going todevalue your bonds in real terms & wipe away all your savings and the value of your currency.
The impetus is on you to invest around that reality."
-S Hakimian
#Stagflation #Deficit #Republicans #Budget #Trumpcession #Privatization #USPol
"Despite trade ‘deals’ with China & the UK,Trump’s tariffs will still cost American families $2,800 more this year.
It’s the highest tariff tax in nearly 100 years.
In addition to costing Americans $2,800 more this year -Yale Budget Lab analysis finds Trump’s #tariffs will:
• Decrease US real GDP growth -0.7pp
• Shrink the US economy across sectors
• Lead to a decline in HH spending
• Drives a +0.4% rise in UE"
-M McDermott
#Trumpcession #Stagflation #Resist #USPol
https://www.cnbc.com/2025/05/12/after-uk-china-trade-deals-tariff-rate-still-highest-since-1934-yale.html
"Reporter: The ports here in the U.S., the traffic has really slowed and now thousands of dock workers and truck drivers are worried about their jobs.
Trump:That means we lose less money."
-Acyn
How long will GOP MOC continue to let Trump destroy the US economy?
He's delusional, but they seem to think that his long-term plan of privatization, is worth enabling a deep recession.
Leitzins unverändert: US-Notenbank Fed bietet Präsident Trump erneut die Stirn
Die US-Notenbank Fed hat den Forderungen von Präsident Trump nach Zinssenkungen erneut getrotzt. Damit demonstriert sie auch ihre Unabhängigkeit - nur zu welchem Preis? Von Angela Göpfert.
Goldman Sachs now expecting inflation to hit almost 4% by the end of the year in large part because of the #tariffs.
#economy #inflation #stagflation
"A very substantive reporting from on how costs of raising children are really about to get much steeper from tariffs, and why companies can't just pick up and relocate their manufacturing of those products."
-R Cohen
>70% of U.S. baby gear is made in China, & that isn’t likely to change any time soon.
#Tariffs #China #TradeWar #TrumpRegime #Trumpcession #Austerity #Stagflation #USPol
https://www.washingtonpost.com/business/2025/05/07/car-seats-cribs-shortages-tariffs/
