Tag Archives: Trump

Retail Sales Continue Decline

Financial FAQs “Advance estimates of U.S. retail and food services sales for August 2025, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $732.0 billion, up 0.6 percent (±0.4 percent) from the previous month, … Continue reading

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Another Civil War?

Popular Economics Weekly “The President of the United States is threatening to go to war with an American city. This is not a joke. This is not normal. Donald Trump isn’t a strongman, he’s a scared man. Illinois won’t be … Continue reading

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The Job Losses Begin

Popular Economics Weekly “Trump’s arbitrary, capricious, and mercurial decisions about tariffs and everything else that affects the economy have made it impossible for employers to make even modest predictions about the future. So they won’t hire.” Robert Reich, Former U.S. … Continue reading

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“Mr. President, do not come to Chicago.”

Answering Kennedy’s Call “So in case there was any doubt as to the motivation behind Trump’s military occupations, take note: 13 of the top 20 cities in homicide rate have Republican governors. None of these cities is Chicago. Eight of … Continue reading

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Who Won the Civil War?

Answering Kennedy’s Call “Just more than one week after President Donald Trump unveiled plans to deploy troops from the D.C. National Guard and to federalize the Metropolitan Police Department to tackle crime in Washington, six states have pledged to send in their … Continue reading

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Who Benefits From America’s IOUs?

Financial FAQs WASHINGTON (AP) — The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers. AP FREDdebtGDP Trump and his Republicans’ trade war and … Continue reading

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Trade Wars = Stagflation

Popular Economics Weekly  “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis in July, after rising 0.3 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading

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The EU’s New Trade Deal

Popular Economics Weekly “This will hurt the world economy, with the burden falling mainly on lower-income Americans. The Yale Budget Lab estimates that Trump’s tariffs will leave the U.S. economy 0.4 percent poorer in the long run, which is very … Continue reading

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The Japan Tariffs

Financial FAQs “It has been clear for a while that Trump and co. don’t understand or believe in balance of payments accounting, that they want both a smaller trade deficit and more foreign investment in America. Now their basic lack … Continue reading

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Consumers Aren’t Buying It

Popular Economics Weekly Photo: Emma Da Silva/Getty Images MarketWatch “Total U.S. consumer credit growth slowed to a $5.1 billion gain in May, down from a $16.9 billion rise in the prior month, the Federal Reserve said Tuesday.  That translates to a … Continue reading

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