“Trump put billionaires in charge of everything,” said progressive Congressman Greg Casar. “It’s a disaster.” The US labor market, which in recent months had ground nearly to a halt, now appears to be entering a downward spiral. As reported by the Washington Post on Thursday, new data from corporate outplacement firm Challenger, Gray & Christmas found that employers in October announced 153,000 job […]
“Don’t use his term ‘liberation day’! Call it Trump’s devastating trade war! He has caused maximum uncertainty, likely to drive the U.S. economy to a near halt,” wrote one economist. As U.S. President Donald Trump gears up to unveil yet another round of tariffs this week and observers warn of potential “stagflation,” the Wall Street giant Goldman Sachs on Sunday published a research […]
“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, […]
“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 […]