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Items tagged with: costofliving


#TrumpsWar #EnergyCrisis

#US emergency #oil stockpile tumbles to lowest since the Reagan administration

The amount of oil in the US Strategic Petroleum Reserve [#SPR] plunged last week to the lowest level since 1983 as the #Trump admin continues to deploy emergency oil to minimize the damage from his #war with #Iran.

#IranWar #law #Congress #WarPowers #geopolitics #NationalSecurity #economy #inflation #affordability #CostOfLiving #oil #energy
cnn.com/2026/06/15/business/sp…


Asked about the report that the May #CPI had jumped 4.2% over the last year, #Trump took a surprisingly “optimistic” [#deranged] tack with the challenging news. Trump didn’t dismiss the #affordability issue as a “hoax” started by Democrats, as he has previously. Nor did he claim he was bringing down the #CostOfLiving.
Instead, after the govt said that #inflation spiked to the highest level since April 2023, Trump said, “You know what I really love? I love the inflation.”

apnews.com/article/trump-love-…


Why most #politicians are not calling for #DataCenter bans despite #voters’ anger

Many Americans are furious about the #energy-guzzling behemoths that drive #ArtificialIntelligence, but politicians in both parties are cautious about backing all-out prohibition.

#electricity #ClimateChange #ClimateCrisis #AI #DataCenters #tech #law #regulations #midterms #elections #money #power #CostOfLiving #economy
washingtonpost.com/politics/20…


Holy hell, they finally found their ovaries

In a first, #House votes to block #Trump from ordering further #strikes on #Iran

The #Senate advanced a similar #WarPowers resolution last month on a procedural vote, reflecting growing impatience with a conflict #Congress hasn’t authorized.

#OvaryUp #TrumpsWar #IranWar #US #war #ForeverWars #RulesOfWar #law #geopolitics #NationalSecurity #MiddleEast #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
cnn.com/2026/06/03/politics/ho…


Climbing #Inflation

#Prices in the #US are rising at the fastest pace in years.

Officials at the #CentralBank [#FederalReserve] have embraced the possibility of higher #InterestRates [& #JeromePowell is NOT chairing the board anymore] to get resurgent inflation under control.

#economy #affordability #CostOfLiving #recession #trumpcession #Trump #policy
nytimes.com/2026/05/28/busines…


#US & #Iran Agree “In Principle” to Reopen #StraitOfHormuz, US Official Says

The official said Iran had also agreed to dispose of highly enriched #uranium, but stressed that a deal had not yet been signed. US & Iranian officials have described the terms differently.

#TrumpsWar #IranWar #Trump #WarCrimes #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
nytimes.com/live/2026/05/24/wo…