Overtime Barely Rose, yet Remains Employer‑imposed
Overtime is up 0.1 hours over the last year https://t.co/PwOOy52yar More importantly, overtime is rarely voluntary for workers. The employer tells a worker they need to work late. But Bessent wouldn't know anything about that.
Acting AG Claims He'll Hide Epstein Files for Trump
Acting Attorney General Todd Blanche says he will break the law and cover up the Epstein files for Trump https://t.co/huK7cyjEJ1
Non‑fuel Import Prices Climb 2.8
Non-fuel import prices rose 0.6% in March, are up 2.8% year-over-year https://t.co/3UkarMgRx7 Looks like exporters forget to eat Trump's tariffs.
Chinese Cars Outperforming Ford? Consumer Perception Shifts
What does that mean, the Chinese cars are so much better than what Ford is selling?
Inflation Is a Process, Not a Sudden Drop
Inflation is a process -- doesn't just drop from the sky, it has to be caused and continued https://t.co/I3TuKPlRD8
Housing Market Slowdown Began Before War-Driven Rate Hikes
House sales were slowing even before the war sent mortgage rates higher and gas prices soaring https://t.co/rfpqU6llQd
Questioning War: Kim Jong‑Un Already Has Nuclear Weapons
do you want to fight a war to go after Trump's good friend Kim Jung Un in North Korea, who ACTUALLY has nuclear weapons, not just the possibility of making them?
Delaying Generics Boosts Profits Far More than Small Gaps
That gap doesn't look like it could be the largest price-fixing scam in history. it looks like 4% of a generic drug's price. Brand drugs sell for 10-20 times as much as generics, Delaying generic entry by even 6 months...
Trump Ignored Open Straits Prior to War, Evidently Uninformed
Doesn't Trump know the Straits were open BEFORE the war? I guess it's hard to get information at the White House
Chinese AI Firms Undercut U.S. Rivals by 80%
China's leading AI companies sell their AI for less than one-fifth the price of leading U.S. companies. That would seem to be a problem https://t.co/QUAylM6fnn
Digital Currency: Secret Weapon to Crush Crypto Fraudsters
A digital currency is the secret weapon in the war on crypto. Put the fraudsters out of business https://t.co/oefI2Gq5sO
Trump’s Oil Exports Could Spike U.S. Gas Prices
I wonder what Trump will do when he realizes that selling U.S. oil overseas raises gas prices here. I assume no one will ever tell him.
Refusing Policy Change Endangers Israel More than Weapon Cuts
This is great. The counter-argument was always absurd, that cutting off these weapons would jeopardize Israel's people. But the point is to change the policy. If Netanyahu refuses to change the policy, HE is threatening Israel's people.
Trump Oblivious to Iran's Sizable Missile Arsenal
I suppose it's a good thing Trump can't find out that Iran still has tons of missiles https://t.co/OpN9JHl9Ip
Billionaires' Media Purchases Outpace Election Ad Spending
This actually enormously understates what the billionaires are spending to buy the elections. Elon Musk spent $40 billion to buy Twitter, the Ellisons spent $13 billion to get CBS. These matter much more for elections than the TV ads.
March CPI Reveals Direct Cost of Trump's War
The March CPI gives us the first direct measure of the cost of Trump's war https://t.co/ffGoUMp3S3
NYT Mislabels Israel's Target, Confusing Hezbollah Claim
Another serious headline sin at the NYT. The headline writers does NOT know who Israel is striking. They know Israel SAYS it is striking Hebollah. https://t.co/6mzcLL3VJU https://t.co/tCuatPrXuJ
Non‑residential Investment Barely up 2.4%
Non-residential investment increased at just a 2.4% rate in the 4th quarter. Good thing Trump keeps talking about that $18 trillion in foreign investment coming in, otherwise no one would know anything about it.
Trump Calls U.S. “Hottest Country” Amid Economic Slump
Pretty funny how with incomes lagging, and U.S. growth slowing to a trickle, Trump still claims we're the "hottest country." Maybe that's a weather forecast due to global warming.
Pre‑war Data Shows Slowing Spending, Rising Inflation
The economy is not looking very good just now. Spending growth is down and inflation is up. And that's pre-war data https://t.co/ougoyhN3Ef
Deficit Shrinkage Far Smaller Than
In the real world, the deficit fell by $56 billion last year, less than one-tenth of what Kevin claims, but he did get the direction right this time, unlike his claims about inflation falling
Rising Oil Prices Prove Tough Talk Fails
Let's see, the Strait isn't open, oil prices are rising. Yeah, it really worked, just like Trump's tough talk with Kim Jong Un got him to surrender his nukes.
US NATO Exit Could Oust Trump‑aligned Dutch PM Rutte
The good part of this story is that the U.S. withdrawal from NATO would put that pathetic Trump sycophant Mark Rutte out of job. EVERYONE will celebrate that.
Math Joins Trump's Scheme to Seize Iran's Oil
Mr. Arithmetic decided to help Donald Trump on his plan to take Iran's oil https://t.co/s6Rgop3tz8
Iranians Might Trade Out
My guess is that the Iranians would gladly endure the "global outcry" if it came with an endless supply of cutting-edge weaponry from the United States, like Israel gets.
He’s Pushing $10 B IRS Suit, $230 M DOJ Claim
don't forget his ridiculous $10 billion lawsuit against the I.R.S. that he's telling Treasury to settle and another $230 million against the Justice Department.
Trump Proposes Cutting Medicare, Medicaid to Fund Wars
Trump says he wants to cut Medicare and Medicaid to pay for his fun little wars https://t.co/V1EQfyPLmS
Media Must Adopt New Funding Model After Ad Removal
Good to see The American Prospect get rid of programmatic ads https://t.co/ok8pZfIhl0 People should support it, but we need a new funding model for the media https://t.co/KAdV4BPWze
Trump’s Bogus Military Cut Claim Should Alarm Democrats
Trump's absurd military spending request, which he SAYS comes at the expense of Medicare and Medicaid, should be the reddest of red meat for the Democrats https://t.co/mGKX3GP6ej
Israel‑initiated War Caused Pilot Crash, Not Trump
Sorry, we don't have Donald Trump's dementia. The pilot was shot down BECAUSE of a war that Israel started. No one other than Donald Trump is stupid enough to believe this crap.
Iran's Potential Nuclear Capability Remains Ongoing Concern
and we were supposed to be worried that some time, some day Iran COULD develop nuclear weapons.
Media Lauds Trump’s Iran Moves, Dismisses Similar Biden Successes
If ONLY Trump had someone on his staff who could have told him that Iran would shut the Strait of Hormuz, oh well.
Krugman, Kahn Overlook Core Issue in Drug Debate
When it comes to talking about prescription drugs, Paul Krugman and Lina Kahn missed the big picture https://t.co/U1YXMQ2Lk8
March Jobs Report Hides Drop in Total Hours
An overlooked aspect of the March jobs report: total hours worked actually fell in the month https://t.co/ZdEGUdFNjX
Use Biden’s $888 B 2025 Budget as Comparison Baseline
The base of comparison really should be Biden's $888 billion 2025 budget, not the 2026 budget, which was already a big increase.
Trump’s 2027 Budget Dwarfs Biden’s 2025 Military Spending by 67%
For fans of arithmetic, Trump's 2027 budget is 67% higher than Biden's 2025 military budget.
Trump Argues Global Hostility Justifies Massive Defense Spending
Trump says when you make the whole world your enemy, you need a big military budget.
Manufacturing Adds 15k Jobs, yet Overall Employment Falls 75k
15k job gain in manufacturing is largest one-month gain since a 22K rise in November 2023, but employment is still down 75k YOY
Trump Backs Cheaper Drugs, but His Approach Is Corrupt
Trump is right that we should pay less for prescription drugs, but he is trying to lower drug prices in the most corrupt possible way https://t.co/hv87kTzMrg
Article 5 Used only for Afghanistan; NATO Stays Defensive
sorry chump, the only time Article 5 was invoked was for the U.S. Afghanistan. NATO is in principle a defensive alliance. The U.S. was not attacked. Donald Trump decided he wanted to play war becuase Netanyahu told him to.
Trump’s Proposed Defense Spend Adds $4k per Household
Trump's "dream" military budget will cost another $4,000 per household annually. There also would be no reason for such ridiculous spending if Trump wasn't making enemies everywhere https://t.co/KfHr3qdFLh (And the money from tariffs exists only in Trump's dementia.)
Elon and Doge
I thought Elon Musk and DOGE stopped all the scams. Are you telling us that was just a clown show and total waste of money?
Repeat Offenders Among Trump Pardons Prompt Tougher Penalties
Given that a large number of Trump pardon recipients turn out to be repeat offenders, maybe Congress should pass a law providing for enhanced penalties for anyone who gets a pardon and commits a subsequent crime.
Furman Downplays China's WTO Entry with Flimsy Arguments
Jason Furman does cheap tricks in his NYT column to claim China's admission to the WTO was not a big deal https://t.co/FNZax2GwwE Here's the deal https://t.co/0MyKWLtnWe
Iran War Costs Outpace Obamacare and Childcare Spending
Trump's war in Iran is costing us far more than all the budget items we have big fights over, like the Obamacare subsidies or funding for childcare https://t.co/f6PzXdPEoL
WaPo AI Denies Bezos Influence on Editorial Policy
Cheap fun department. I asked the WaPo's AI system if Bezos influenced its editorial policy. https://t.co/Sqkppejzx8
California $20 Fast‑Food Minimum Boosts Pay, Saves Jobs
Contrary to what right-wing media tell you, the $20 an hour minimum wage in California's fast-food industry is raising incomes, without costing jobs. The effect on prices is minimal https://t.co/C2bRzTjwGb
JOLTS Data Shows Pre‑war Job Market Already Deteriorating
The JOLTS data show the job market was looking pretty bad even before Trump started his war https://t.co/LVg2o29UsS It's not likely to be getting better.
JOLTS Signals Worsening Labor Market Ahead of War
JOLTS gives us bad news on the state of the labor market BEFORE the war https://t.co/vqa0JUhY2f
Paying Iran a Transit Fee Could Solve the Issue
They just have to pay a transit fee to Iran and all will be good.