It's tough to keep up on the flood of news, but don't lose sight of what Trump is doing to our economy and finances. Headlines from the last couple of days:
Trump promised his economic policies would erase the deficit. Instead, the national debt surpassed a record $39 trillion last week. It hit $38 trillion five months ago and $37 trillion two months before that.
apnews.com/article/us-national…
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Augie Ray
in reply to Augie Ray • • •The Trump administration altered a Social Security report to hide how long call wait times have been due to the DOGE cuts.
newrepublic.com/post/208020/do…
To try to calm the declining markets, Trump claimed the Iran war is winding down, but the Pentagon is making detailed preparations for deploying U.S. ground forces into Iran.
cbsnews.com/news/trump-adminis…
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Trump administration making heavy preparations for potential use of ground troops in Iran
Jennifer Jacobs (CBS News)Augie Ray
in reply to Augie Ray • • •As Americans struggle with rising energy prices, Trump wants to pay companies around $1 billion to cancel wind power projects that would reduce energy costs.
yahoo.com/news/articles/trump-…
The Heritage Foundation's chief economist, who is a Trump ally, warned, “The economy is weaker than we thought it was, and inflation is worse than we thought it was… I don’t think this is an economy that is going to be able to handle $100 a barrel for oil, it’s just not.”
newsweek.com/trump-ally-says-u…
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Trump Ally Says US Economy ‘Weaker Than We Thought’
Alia Shoaib (Newsweek)