@jakemalasek I think NIL will destroy the middle teams. Donors are going to get tired of spending millions for 7-5 eventually there will be 20 or so teams that are all in. After that will be a huge gap and just hoping to catch lightning in a bottle.
This is a bleak July jobs report:
-23,000 jobs lost in July. (Losses occurred in retail, finance, hospitality, local gov't education)
-264,000 people leave the labor force
-Wage growth falls to 3.2% = lowest in 5 years (and totally wiped out by inflation right now)
***Lowest labor force participation rate since February 2021***
The Fed's job just got a lot harder. The labor market is stalling again. Many industries shedding jobs or flat.
CBS: The Iranians are saying they're gonna have access to a $300 billion reconstruction fund. True or false?
JD VANCE: That's the sort of things they could have access to so long as they honor their end of the obligation
Under Biden’s last year, the U.S. economy added an average of 122,000 jobs every month. Under Trump, that average has collapsed to just 26,000 a month. In Trump math, that’s a “500% decrease.” (Around 80% in real math.)
My @Morning_Joe Chart:
NYT confirms — with new details:
Last year, Navy SEALs used two boats to escort Kash Patel and nine others on what a Pentagon email called a 'VIP Snorkel' next to one of the military's most sacred sites, the underwater tomb of the U.S.S. Arizona.
One Navy vet called the swim "horrifying." https://t.co/wuBwyvxaXY
Trump warns Virginians that if they vote YES for fair elections tomorrow, he will lose power:
“If Democrats get these additional seats, they'll change things at the federal level.”
The Trump budget is war first, American people last.
It explodes military funding and brings departments like Labor, Education, and Agriculture to historic lows.
@Morning_Joe
@ClayTravis The Dow rose 40% over Biden’s term, about 9% in annualized returns. Trump’s second term is roughly 6% so far. If that’s your way of measuring presidential success you must be a huge Biden guy.
The 10-point Iranian framework that Trump is praising and bragging about does the following:
—Lifts all US sanctions on Iran
—Cedes control of the Strait of Hormuz to Iran
—A $2 million fee for every ship that travels the Strait
—Allows Iran to establish "rules for safe passage"
Spanberger: He's enriching himself, his family, his friends. The scale of the corruption is unprecedented. There's the cover up of the Epstein files, the crypto scams, cozying up to foreign princes for airplanes and billionaires for ballrooms, putting his name and face on buildings all over our nation's capital. This is not what our founders envisioned, not by a long shot. So I'll ask again, is the president working for you?
White House stands by State Department nominee who complains that "white Americans are increasingly second-class citizens," warns of "white erasure" and says "the Jews love to see themselves as oppressed." @CAMcGrady https://t.co/n6Xk0WltJ0