“Unfortunately tossing a scarf over the GDP numbers doesn’t change the fact that their policies have us careening toward a downturn.” All signs are pointing to a coming recession as U.S. President Donald Trump imposes tariffs on close trading partners, oversees mass firings of civil servants, and pushes for cuts to public services—but by firing economists, advisers, […]
“If you think back at the last economic crashes… the rich were able to buy up assets on the cheap and emerged even wealthier and more powerful than before,” noted one progressive commentator. Are U.S. President Donald Trump, top adviser Elon Musk, and allied oligarchs deliberately trying to tank the economy in order to line their own […]
“Instead of trying to lower the cost of living, he’s doubling down on his plans to give massive tax breaks to billionaires and giant corporations,” said one Trump critic. As the U.S. Department of Labor released its monthly consumer price index report on Wednesday, President Donald Trump’s new tariffs for steel and aluminum imports took effect, highlighting his threat […]
After a monthlong delay, Trump administration tariffs on Mexican and Canadian imports went into effect Tuesday. As the Trump administration’s purge of federal workers continues and tariffs imposed on key U.S. trade partners Mexico and Canada take effect Tuesday, multiple economic indicators are warning of potential pain ahead. On Monday, the Federal Reserve Bank of Atlanta released […]