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Items tagged with: economy
Holy shit
#DeSantis admits that the #WorkerShortages created by anti-#immigrant laws need to be eased by putting teenagers to work by relaxing #ChildLabor protection standards.
#USpol #law #immigration #economy #Trump
miamiherald.com/news/local/imm…
#USA oh no 😱
Source: euronews.com/business/2025/03/…
#child #children #labour #Florida #job #work #news #politics #economy #business #humanrights #fail
Florida to consider relaxing child labour laws to fill vacant jobs
Now that the United States is cracking down on immigration, some low-skill jobs may not be so easy to fill. So the state is debating lifting some child labour laws to involve minors.Doloresz Katanich (Euronews.com)
Trump is destroying the economy to privatize the fed govt.
"The Conf Board's consumer confidence index dropped in Mar to -lowest level since Jan 2021. Trump's pres.: Americans as pessimistic as they were during: Covid crisis. Consumer inflation expectations⬆️6.2% in Mar.
Before Trump took office, the US economy was surging ahead of Europe’s. Trump’s managed to reverse that trend."
-S Ratnner
#Economy➡️weakens at the same time inflation rises➡️#stagflation #recession: soon.
#Privatization #USPol
#TSMC'S True #Cost: #Arizona versus #Taiwan
source: techinsights.com/blog/chip-ins…
The final answer was: It costs TSMC less than 10% more to process a 300mm wafer in Arizona than the same wafer made in Taiwan.
#USA #economy #chip #production #trade #finance #money #company #news
The Chip Insider®– TSMC’s True Cost: Arizona versus Taiwan. | TechInsights
TSMC’s $100B US investment and the cost differences of manufacturing in Arizona vs. Taiwan. See what it means for the industry.www.techinsights.com
#Tesla (TSLA) #accounting raises red flags as report shows $1.4 billion missing
source: electrek.co/2025/03/19/tesla-t…
Compare Tesla’s #capital expenditure in the last six months of 2024 to its valuation of the assets that #money was spent on, and $1.4bn appears to have gone astray.
#fail #economy #finance #news #musk #warning
Tesla (TSLA) accounting raises red flags as report shows $1.4 billion missing
Tesla’s (TSLA) accounting practices are raising red flags as a new report from the Financial Times shows that $1.4 billion...Fred Lambert (Electrek)
The potential to more than double the scope of #Trump’s #tariffs has alarmed economists & some congressional #Republicans, while other WH allies are concerned about the logistical challenges of a complicated new #import #tax regime. The precise nature of these new duties has spurred extensive discussions at the highest levels of the admin, w/VP #JDVance, #Commerce Secy #HowardLutnick, WH aide #PeterNavarro & #Treasury Secy #ScottBessent all playing a role in the talks….
#economy #Trumpcession #geopolitics #USpol
White House aides prep new #tariffs on imports worth trillions for April 2, laying the groundwork for an escalation in global economic hostilities that #Trump has called “Liberation Day.”
The admin has already unnerved investors with duties on #Canada, #Mexico & #China, & yet, advisers are readying a move to dwarf all previous tariffs.
#economy #finance #Trumpcession #geopolitics #USpol #idiocracy #kakistocracy
washingtonpost.com/business/20…
FAFO.
cnbc.com/2025/03/14/delta-walm…
#economy #consumer #spending #inflation
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.Gabrielle Fonrouge (CNBC)
"The richest man in the world, whose empire is built on billions of taxpayer subsidies, spent at least $260 million to get Trump elected, and is now using Trump to advertise his car company from the White House in exchange for potentially even more money to benefit Trump’s political ambitions.
There are no words for how sick and perverse this all is."
~ Emily Singer
#Musk #Trump #Tesla #FederalGovernment #economy #StockMarket #billionaires #EconomicElites #TaxCuts
/3
dailykos.com/stories/2025/3/12…
Elon Musk is not done buying Donald Trump
President Donald Trump and co-President Elon Musk are not even trying to hide their blatant corruption anymore. The New York Times reported on Tuesday that Musk’s team�recently told Trump's ...Daily Kos
RJ Matson on Musk-Trump turning the White House into a used-car lot.
#Musk #Trump #Tesla #FederalGovernment #destruction #firings #economy #StockMarket #billionaires #EconomicElites #TaxCuts
/2
contrarian.substack.com/p/fire…
"President Trump opened a used-car lot outside the White House today, explaining that his business venture would not interfere with running the federal government, since there is hardly any left."
As Lewis Grossberger says, no one is surprised. /s
#Musk #Trump #Tesla #FederalGovernment #destruction #firings #economy #StockMarket #billionaires #EconomicElites #TaxCuts
/1
This week's comic: Playing the wealth card
#cartoon #comic #billionaires #uspol #oligarchy #authoritarianism #economy
The world’s most widely followed #StockMarket benchmark slid into a correction on Thurs, a drop that underscores how the 2-yr-long bull market [#Bidenomics] is running out of steam in the early days of the #Trump admin.
The move stems from investors’ growing pessimism about the whipsawing policy pronouncements from Trump over the past few weeks. On-again, off-again #tariffs & #MassLayoffs of #FederalWorkers have fomented unease on #WallStreet.
#economy #Trumpcession
nytimes.com/2025/03/13/busines…
Stocks Fall Into a Correction With Investors Down on Trump
The S&P 500 is now more than 10 percent below its last record high — a line in the sand for investors worried about a sell-off gathering steam.Joe Rennison (The New York Times)
"Reading and watching the dutiful daily coverage of Trump’s trade war, you might well have no idea just how crazy it is.
The reality is this: There’s no good reason for it, it hurts everyone, and it’s arguably going to tank the American and international economies."
~ Dan Froomkin
#Musk #Trump #destruction #economy #tariffs #insanity #StockMarket #recession #media
/1
criticalread.substack.com/p/pr…
Press coverage of Trump’s tariffs understates the insanity
One CNBC analyst has spoken the truth. Will other journalists follow?Dan Froomkin (Press Watch)
#Billionaires at #Trump’s Swearing-In Have Since Lost $209 #Billion
Source: bloomberg.com/news/articles/20…
Seven weeks later, it’s a different story. The start of Trump’s second term has delivered a stunning reversal for many of those billionaires sitting behind Trump in the #Capitol Rotunda, with five having lost a combined $209 billion in #wealth...
#news #usa #politics #WhiteHouse #government #president #Musk #Zuckerberg #bezos #economy #money #finance #oligarch #oligarchy #capitalism
"It was a bloodbath for Tesla shareholders today as the stock fell off a cliff, which followed a long string of losses in the last several weeks."
~ Ron Filipkowski
meidasplus.com/p/today-in-poli…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs #Tesla
/13
Today in Politics, Bulletin 88. 3/10/25
… It was a bloodbath for Tesla shareholders today as the stock fell off a cliff, which followed a long string of losses in the last several weeks.Ron Filipkowski (Meidas+)
Reuters on loss of $4 trillion by US stock market in last month
reuters.com/markets/us/investo…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/12
Paul Krugman on plunging stock market and New York Fed’s consumer survey showing serious deterioration in consumer confidence
paulkrugman.substack.com/p/the…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/11
"Less than two months after his inauguration, Trump has been Reverse Jesus, speaking new economic storms into existence."
~ Andrew Egger
thebulwark.com/p/maybe-sleepy-…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/9
Maybe the Sleepy President Wasn’t So Bad!
When Trump said he would lower costs, we didn’t realize he meant the cost of stocks.William Kristol (The Bulwark)
Kevin Necessary at David Pepper
davidpepper.substack.com/p/day…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/8
"We're going to become so rich, you're not going to know where to spend all that money."
~ Trump when asked about recession possibility, from Heather Cox Richardson
heathercoxrichardson.substack.…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/7
March 10, 2025
Last week’s dramatically dropping stock market prompted Fox News Channel personality Maria Bartiromo to ask Trump in an interview that aired yesterday if he was expecting a recession.Heather Cox Richardson (Letters from an American)
"I'm going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk."
~ Trump yesterday
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs #Tesla
/6
#Google begs owners of crippled #Chromecasts not to hit factory #reset - Expired #SSL cert kerfuffle leaves second-gen, #Audio gadgets useless
Source: theregister.com/2025/03/10/goo…
… with devices failing to cast due to an expired #security #certificate. The web giant is aware of the #breakdown and says a fix is in the works.
#fail #economy #customer #online #problem #news
Google begs owners of crippled Chromecasts not to hit factory reset
Expired SSL cert kerfuffle leaves second-gen, Audio gadgets uselessIain Thomson (The Register)
You knew it was coming: #Google begins testing #AI - only #search results
source: arstechnica.com/google/2025/03…
#technology #internet #problem #economy #future #quality #web #www
You knew it was coming: Google begins testing AI-only search results
AI Mode could be the future of Google, but it’s currently just an experiment.Ryan Whitwam (Ars Technica)
By Bedassa Tadesse, University of Minnesota Duluth
A potential $110B economic hit: How Trump’s tariffs could mean rising costs for families, strain for states
The shock will fall hardest on consumers, certain industries, and states that are sensitive to supply-chain disruptions.The Conversation
Starting Wed, >100k people, many of them parishioners at #BlackChurches, are pledging to abstain from shopping at #Target, part of a 40-day nationwide #boycott of the retail giant more than a month after the company abandoned its #diversity, #equity & #inclusion initiatives.
The effort, led by prominent faith & #CivilRights leaders such as Pastor Jamal Bryant, includes Atlanta, Houston, Jacksonville, & Alexandria.
#economy #FreeSpeech #law #USpol #Trump #discrimination
washingtonpost.com/business/20…
When Biden left the White House, the economy was growing at 3.9%.
Now that Trump is in the White House he’s turned it into a NEGATIVE 2.5% growth rate IN SIX WEEKS.
Republican Presidents destroy the economy.
#Economy #StockMarket #GDP #ArrestTrump #ArrestMusk #DonaldKrasnov #RepublicansOwnThis #GOPKakistocracy #GOPWeirdos #NoRepublicansEverAgain #USPol
How DOGE’s Cuts to the IRS Threaten to Cost More Than DOGE Will Ever Save
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The Trump administration claims gutting federal agencies will save money, but cutting the IRS means the government collects less taxes. “If you’re interested in the deficit and curbing it, why would you cut back on the revenue side?” one expert asks.
propublica.org/article/how-dog…
#News #DOGE #Trump #IRS #Federal #Government #Economy #USPolitics
