Tag Archives: Donald Trump

Tariffs Trump Consumer Spending

Financial FAQs “Advance estimates of U.S. retail and food services sales for May 2025, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $715.4 billion, down 0.9 percent (±0.5 percent) from the previous month, … Continue reading →

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California Can’t Be Bullied

Popular Economics Weekly Governor Gavin Newsom today announced that California has officially overtaken Japan to become the world’s fourth-largest economy, according to newly released data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis (BEA). April, 2025 LATimes The Trump … Continue reading →

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Republicans Have Never Paid Their Bills

Financial FAQs “The new law will reduce federal revenues by significant amounts, even after allowing for the impact on economic growth. It will make the distribution of after-tax income more unequal. If it is not financed with concurrent spending cuts … Continue reading →

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Immigrants Make a Difference

Popular Economics Weekly “Total nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, leisure and hospitality, … Continue reading →

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Why Harvard?

Answering Kennedy’s Call “But the Trumpist effort to destroy Harvard and other elite universities — for that is clearly their intention — will do vast damage to our nation’s future.” Paul Krugman            FREDERIC J. BROWN/AFP/Getty Images) Huffington Post The … Continue reading →

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No Art of the Deal?

Financial FAQs “It’s 100 days into the Trump Presidency and looking more and more like President Trump is no more effective at running the country than his business interests. His book, The Art of the Deal, was meant to tout his negotiating … Continue reading →

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Trump’s Manufacturing Scam

Financial FAQs “Why? It’s not like we’re a small country or full of stupid people. No, it’s the takeover of the economists and bankers. Simply put, modern American law is oriented towards ensuring very high returns on capital to benefit … Continue reading →

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It’s Trump’s Economy Now

Popular Economics Weekly “Real gross domestic product (GDP) decreased at an annual rate of -0.3 percent in the first quarter of 2025 (January, February, and March), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the … Continue reading →

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Trump’s 2.0 100 Days

Popular Economics Weekly “With President Donald Trump’s second term approaching its 100-day mark, 40% of Americans approve of how he’s handling the job – a decline of 7 percentage points from February,” PEW Research. PEW The big mystery is why … Continue reading →

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Immigrants the Lifeblood of U.S. Economy

The Mortgage Corner “For most of the past half-century, adults in the U.S. Baby Boom generation – those born after World War II and before 1965 – have been the main driver of the nation’s expanding workforce. But as this … Continue reading →

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