News
U. S. inflation at highest level in three years, Trump loves it, because profit
1+ hour, 8+ min ago (152+ words) Daily Kos This content is not subject to review by Daily Kos staff prior to publication. Trump on the campaign trail: "I will end inflation on Day 1." Trump on 10 June 2026: "No, I love it. I love the inflation." TRUMP: "I'm…...
I love the inflation: Yes, Trump actually said that.
1+ hour, 59+ min ago (198+ words) Daily Kos Trump listens during a Cabinet meeting at the White House, on May 27, in Washington. Inflation continues to rise, according to a new Bureau of Labor Statistics report, due in no small part to President Donald Trumps chaotic and…...
Trump's top economy guy: People love wasting money
2+ week, 23+ hour ago (175+ words) Daily Kos Director of the National Economic Council Kevin Hassett appeared on Fox Business Tuesday wearing his trademark petrified smile, and attempted to spin skyrocketing consumer costs as a sign of economic optimism. "The thing that I've seen when I…...
Graduated income taxes alone won't reach the truly wealthy
2+ week, 6+ day ago (399+ words) Daily Kos This content is not subject to review by Daily Kos staff prior to publication. During WW II and in the first years following, income tax rates were highly progressive and marginal rates went up to around 90%. They declined…...
From 15% to 14. 75%: the survivable injury billionaires can't accept
3+ week, 4+ day ago (184+ words) It is a law that men possessed of this peculiar talent for affairs [business], under the free play of economic forces [free markets], must, of necessity...
While the U. S. Economy Burns
3+ week, 5+ day ago (204+ words) Daily Kos While the U. S. Economy Burns This content is not subject to review by Daily Kos staff prior to publication. Nearly 2000 years ago, Nero fiddled while Rome burned, and we're still talking about it today. Now the American economy is…...
Trump economic adviser: Smile, you're in debt!
1+ mon, 4+ day ago (245+ words) Director of painful smiling at the National Economic Council Kevin Hassett wants to frame rising consumer debt as good news during President Donald Trump's second term in office." "I had the head of one of the big five banks in…...
Can't afford beef? Blame those damn "Biden vegans.'
1+ mon, 6+ day ago (185+ words) Agriculture Secretary Brooke Rollins and President Donald Trump's never-right counselor Peter Navarro held a press conference Monday blaming inflation'particularly sky-high beef prices'on former President Joe Biden and what Rollins described as the "hoax" of climate change. Pointing to a shrinking…...
2025 was the worst year for hiring since 2020, December jobs report shows
1+ mon, 1+ week ago (331+ words) is the title of the article by NBC News at www. nbcnews. com/, as the Bureau of Labor Statistics (BLS) released the employment numbers this morning. www. bls. gov/ Both total nonfarm payroll employment (+50, 000) and the unemployment rate (4. 4 percent) changed…...
The Economics Gets Worse
1+ mon, 1+ week ago (147+ words) The impact of the Iran War oil shock, with its distress to households, businesses, farms, supply chains and international alliances is only prologue to an even more profound dislocation of the US and the world's economies. This is not happy…...