CEPR

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[CEPR @ceprdc]

@DeanBaker13 Our economy can currently be summarized as “healthy, but unbalanced”

Inflation continues to remain elevated from a variety of factors, and our consumption growth is largely built off of the AI boom and wealth-driven spending. 

Read @deanbaker13: https://t.co/y1TejtKSKK

[CEPR @ceprdc]

NEW: Ahead of Q3 #GDP numbers coming out, we see two common threads driving our economy right now. 

Artificial Intelligence is serving as the backbone of investment and the wealthiest/richest Americans are driving consumption. Here’s what you need to know.

[CEPR @ceprdc]

Economist @DeanBaker13 expects GDP growth to remain solid, largely driven by AI investment and the rich spending more as their investments grow, keeping consumer spending strong. 

Due to the investment boom from AI, our trade deficit is growing, much to the dismay of Trump.

[Congressman Chuy García @RepChuyGarcia]

Our country has lost a giant. Dolores Huerta was a civil rights champion and labor leader whose early work with the United Farm Workers changed the lives of migrant workers. She dedicated her life to fighting for the rights of immigrants, women, and Latinos until the very end.

I will never forget when she visited me in Chicago during my mayoral run to show her support. I’ll forever be honored to have called her a friend.

May she rest in power, and may we continue her work.

[CEPR @ceprdc]

“Well, I would approve. I think they’re fine people.” That was Trump on letting Flávio Bolsonaro and his family stay in the US. Brazil’s defeated candidate landed in Miami this morning after a Supreme Court justice ordered him to surrender his passport amid corruption investigations.

This week across the Americas:

🇧🇷 #Brazil: Lula won the runoff by 4.4 million votes. On Flávio’s escape, CEPR’s Mark Weisbrot told @commondreams: “Perhaps this is what is meant by the Trump-led ‘Shield of the Americas.’”

🇻🇪 #Venezuela: María Corina Machado returned after nearly a year abroad. Rubio’s warning to her: “You’re not going to street-protest your way into a democracy,” per @axios.

🇪🇨 #Ecuador: Police arrested Luisa González, Noboa’s opponent in the last two presidential elections, ahead of next month’s local elections.

🇲🇽 #Mexico: US officials delivered a memo proposing that US security personnel accompany counter-cartel operations inside Mexico, per @nytimes.

Photo: Flávio Bolsonaro and Donald Trump, May 2026.

[CEPR @ceprdc]

Follow our live updates 👇

https://t.co/olTrAfBD80

[CEPR @ceprdc]

“Well, I would approve. I think they’re fine people.” That was Trump on letting Flávio Bolsonaro and his family stay in the US. Brazil’s defeated candidate landed in Miami this morning after a Supreme Court justice ordered him to surrender his passport amid corruption investigations.

This week across the Americas:

🇧🇷 #Brazil: Lula won the runoff by 4.4 million votes. On Flávio’s escape, CEPR’s Mark Weisbrot told @commondreams: “Perhaps this is what is meant by the Trump-led ‘Shield of the Americas.’”

🇻🇪 #Venezuela: María Corina Machado returned after nearly a year abroad. Rubio’s warning to her: “You’re not going to street-protest your way into a democracy,” per @axios.

🇪🇨 #Ecuador: Police arrested Luisa González, Noboa’s opponent in the last two presidential elections, ahead of next month’s local elections.

🇲🇽 #Mexico: US officials delivered a memo proposing that US security personnel accompany counter-cartel operations inside Mexico, per @nytimes.

Photo: Flávio Bolsonaro and Donald Trump, May 2026.

[CEPR @ceprdc]

Sorry, there’s been no shortage of defenders of bosses in the US.

Standing up for bosses is how we got Citizens United, a corporate-captured Supreme Court, a frozen federal minimum wage, endless tax cuts for the rich, the carried interest loophole, no wealth tax, weakened Dodd-Frank legislation, Taft-Hartley’s limits on organizing, billionaire-owned media, and ever worsening for-profit health care.

Standing up for workers is how we got the weekend, paid time off, overtime, and higher wages.

Worker interests and corporate interests will never be the same. Yes, our policy needs to center people, workers, not the ultra rich and corporate ownership class.

https://t.co/wfkExLecpU

[Power to the People ☭🕊 @ProudSocialist]

I had to watch this 3 times because I couldn’t believe what I was hearing. Republican Ashley Moody telling Americans they need to put their “bosses” first. Late-stage capitalism is one hell of a drug. Fuck the CEO class. We need to put the people first!

[Rep. Jim McGovern @RepMcGovern]

When he says “we’re making money” let’s be clear. He doesn’t mean America. He means his family, his friends, and the corrupt cabal of crooks and grifters he surrounds himself with.They love when gas goes up. It’s a golden opportunity for them to make money by screwing over the rest of us.

[CEPR @ceprdc]

“Work is more than just income.” It’s a path to a better future.

@algernon_austin explains how a federal jobs guarantee is preferable to UBI because it gives people valuable skills and experience that will allow them to accelerate their careers.

Read the @guardian: https://t.co/9ZxkIPLMQC

[CEPR @ceprdc]

Lula's victory may be a turning point for Latin America, CEPR senior policy analyst @GuillaumeLong writes in @AJEnglish.
"It breaks a succession of right-wing electoral victories across the region and deals a major blow to United States President Donald Trump's increasingly interventionist agenda in the Western Hemisphere."
https://t.co/qP3z13zfM5

[CEPR @ceprdc]

Lula defeated Flávio Bolsonaro in Brazil's runoff despite Trump administration interference, @commondreams reports.

"These elections have represented a historic victory for the majority of the Brazilian people, who mobilized to defend democracy against the threat of fascism," CEPR senior international policy associate @francemanuele told the outlet.

https://t.co/xxZjrSkAjs

[Elizabeth Warren @SenWarren]

Here's how private equity killed your local mall.

[CEPR @ceprdc]

Flávio Bolsonaro refuses to accept Lula's win and is demanding an annulment, @commondreams reports.
"The Trump administration, which has close relations with the Bolsonaro family, could help defuse this threat by joining other governments in recognizing the election outcome," said CEPR director of international policy Alex Main. 
https://t.co/nUDs4GwgwH

[Guillaume Long @GuillaumeLong]

Lula’s remarkable comeback is a powerful expression of popular empowerment —both in the streets and at the ballot box— in defense of sovereignty and democracy. His victory also means Brazil will not join Trump’s “Shield of the Americas”. The high-water mark of this U.S.-backed far-right tide in Latin America may already be behind us.

My latest for Al Jazeera:

https://t.co/HcbJxXxJ8u

[CEPR @ceprdc]

NEW: Just 1% of AI firms make up 80% of spending at OpenAI and Anthropic. Most of those big spenders are other AI startups burning venture capital to build more AI.

Low cost Chinese AI is good enough for most people.

Now data center projects are getting canceled, but companies want to blame local opposition and power shortages. As @DeanBaker13 points out, that makes a much better headline than admitting the demand isn’t there. #aibubble https://t.co/tvf2MlRa7h

[CEPR @ceprdc]

"This election is also a victory for democracy and independence in the Americas against the massive intervention from the Trump administration in favor of the Bolsonaro team."
— CEPR Co-Director @MarkWeisbrot on Lula's win in Brazil 🇧🇷

[CEPR @ceprdc]

🇧🇷 Lula won.

Flávio Bolsonaro is refusing to accept the results and has called for their annulment.

CEPR urges all governments — including the Trump administration — to recognize the outcome to prevent a possible coup or further violence.

https://t.co/vApV7odqkM