American consumers are now facing 7%+ mortgage rates, 4.2%+ inflation, and a 30% loss in the purchasing power of the US Dollar since 2020.
Meanwhile, US CPI inflation continues to follow a similar trajectory as the late 1970s.
Will history repeat itself?
Trump says anyone running for president should take a cognitive exam because you could end being stuck with a moron for years.
“I mean, you get a guy who gets in there, he's got a good line of crap. He gets in and all of a sudden you're stuck with a man who's a moron”
@RpsAgainstTrump I feel like it started with Reagan and trickle-down economics, but Covid was the catalyst for everything really going off the rails into a massive train wreck.
You know what would be amazing if Vance and his team can negotiate an agreement where Iran doesn't enrich above 3.67% (far below weapons grade); gets rid of 98% of its stockpile of enriched uranium; has weekly inspections by the IAEA; keeps the straits open without charging anyone; and commits to all of this for at least ten years. Oh, yeah, that was the Obama Iran deal.
This is the most horrifying, psychotic, grotesque message Trump has ever posted—openly threatening to commit genocide. This is beyond reckless. It’s dangerous, dehumanizing, and utterly unfit for any leader.
When Obama sent Iran $400m + $1.3bn in interest in 2016 Trump called it "insane" and he and others spent a decade mocking the idea of "pallets of cash" even though it was Iran's own money, American prisoners were released, courts were likely to require the U.S. payment, and Iran had just agreed to significant and verified reductions and restrictions on its nuclear program for 15+ years. Now Trump is giving Iran up to ten times that amount of revenue--one of the most significant measures of sanctions relief provided to the Islamic Republic since its founding--in exchange for marginal and temporary relief from the big increase in oil prices his actions have caused, without any concessions from Tehran, and even as Iran continues to target the United States, its allies, and world oil supplies. No way to read as anything other than desperate recognition of the situation Trump's own actions have created and the lack of available alternatives for dealing with it.
More than 150 US soldiers have been injured, 5,000 more heading into Iran now. Trump is a coward, criminal, five-time draft dodging piece of shit sending your kids to war.
🚨BREAKING: Q4 GDP growth revised down from 1.4% to 0.7%. Core PCE inflation came in at 3.1% in January.
It’s only going to get worse from here.
Trump’s “golden age.”
According to media reports, Donald Trump has been buying $145 Florsheim dress shoes for allies in his inner circle, and people are reportedly “afraid not to wear them.”
Marco Rubio was photographed wearing a pair Trump ordered for him by just guessing his size. They looked noticeably too big.
It was never about freedom for the Iranians or toppling the regime. It’s always been about diverting attention from the Epstein files, and stealing other countries’ natural resources, like oil and uranium.
CNN: But it is clear tonight, long after the markets have formally closed, that trump, at least for now, does not have an intention of ramping the war down. In fact, CNN is learning this hour that the trump administration is considering a highly complex and risky operation to retrieve Iran's known, highly enriched uranium
So which is it?
-This is "just the beginning" of the U.S. war in Iran, Hegseth told 60 Minutes on Friday.
- The war in Iran is "very complete, pretty much," Trump tells @weijia today