Oil prices’ lurch above $100 a barrel is propelling the U.S. past another unwelcome milestone: The war with Iran is sticking Americans with a 12-figure bill https://t.co/00ItNDlX4s via @WSJ
https://t.co/8FGKlEmcPZ
The Man in Charge of Immigration Data Just Resigned.
The Department of Homeland Security has stopped releasing timely, reliable statistics on immigration enforcement.
For three years, there were more job openings than unemployed workers — at peak, 2 jobs per job-seeker. That has now flipped under Trump, and unemployed workers outnumber available jobs for the first time since the pandemic.
My @Morning_Joe Chart:
Over 10 million Americans will lose health insurance because of Trump’s cuts.
4 million from losing subsidies and 6 million more from cuts to Medicaid.
My @Morning_Joe Chart.
Greg Gutfeld was adamant that right-wing domestic terrorism and violence didn't exist. He said January 6th was the only example. I've created a list of recent attacks, two are still awaiting trial (alleged), the rest were definitively motivated by right-wing ideologies.
We have a year’s worth of economic data since Liberation Day, when President Trump announced much higher tariffs on most imported goods and countries, and the data are definitive; the tariffs have done significant damage to the economy. Since that day, job growth has come to a standstill, with only the non-traded healthcare industry adding meaningfully to payrolls. Also, since that day, inflation has accelerated, with the consumer expenditure deflator increasing at a 3% year-over-year pace, up from 2.5% before the tariffs and well above the Federal Reserve’s target of 2%. And the trend lines don’t look good, especially as the economic fallout from the Iran War hits with full force. The higher energy and other commodity prices caused by the war threaten to do even more economic damage than the tariffs, further undermining growth and pushing inflation higher. The U.S. economy is resilient, but just how resilient is set to be tested.