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Beiträge, die mit economy getaggt sind


From #RobertReich @rbreich@instagram.com @imcivicaction@instagram.com @rbreich

#Trump has only been in office two months and we're already heading towards a #recession — largely due to his careless use of #tariffs and #mismanagement of the #economy. This shouldn't be surprising. Trump doesn't understand the economy and tanked pretty much every #business he ever touched. Watch.

instagram.com/reel/DIJ86BOBbZv


We lost the world but we got AI!


Sure, we destroyed our #civilization because of the high #energy consumption and the excessive use of resources for #AI, but for a short time we were able to convert all the photos from our childhood into the Studio #Ghibli #style and were #happy about it.

#image #photo #art #artwork #meme #quote #wisdom #apocalypse #fail #humanity #future #technology #endtime #economy #internet #anime #problem #climate


If you wonder what the rest of the world thinks of Trump:

youtube.com/watch?v=avEtMcELaP…

#USpol #trump #tariffs #economy #republican #taxTheRich


Much has been said about what Trump’s ‘Liberation Day’ tariffs mean for the global liberal order. But what do they mean for everyday American consumers? And what could be its fiscal impact?

Today's Number Theory breaks it down.

Read on HT app: is.gd/NUmU7y

#Tariffs #Tariff #Trade #Trump #DonaldTrump #DataViz #Economy


'Nowhere's safe': How an #island of #penguins ended up on #Trump #tariff list


source: bbc.co.uk/news/articles/cly8xl…

Two tiny, remote #Antarctic outposts populated by penguins and #seals are among the obscure places targeted by the Trump #administration's new tariffs.


The penguins are understandably pissed off.
enter image description here

It's hard to say who is the craziest head of state with all the crazy politicians in the world.


#usa #fail #problem #economy #penguin #seal #intelligence #future #democracy #politics #trade #world #globalization


#Newsom asks world leaders to exempt #California exports from retaliatory tariffs


source: foxnews.com/politics/scoop-new…

#USA #export #trade #economy #politics #trump #news


This is incredible. The White House sent out the Deputy Press Secretary Kush Desai to protest that the equation for tariffs on a country was definitely *not* just calculated as just (trade_deficit / imports) but instead calculated as [insert greek letter arithmetic that looks complicated].

What #KushDesai did not realize is that the values chosen for the greek letters in the equation he cited in the paper he cited it from make the formula reduce to…

trade_deficit / imports

"It's essentially #CriticalTradeTheory. Any trade imbalance between two countries is de facto evidence of systemic unfair trade practices."

x.com/KushDesai47/status/19076…

#Tariffs #MAGA #Trump #uspol #eupol #asia #China #PRC #Math #Mathematics #economics #economy #recession #corruption


34 percent - China
20 percent - Europe
10 percent - UK

And more (zoom in, it is the orange category).

#Tariffs #Trade #Economy #Business


#Mississippi #governor signs typo tax overhaul bill into #law to phase out income #tax


source: apnews.com/us-news/taxes-tate-…

#Senators last week had conceded to eliminate the income tax, but only with economic growth “triggers” as safeguards — the tax wouldn’t phase out unless the state saw robust economic growth and controlled spending. It would have likely taken many years.

Or so they thought. The Senate bill had typos that essentially nullified the growth triggers and would eliminate the income tax nearly as quickly as the House proposed. The House passed the flawed bill on to the governor, who signed it into law Thursday.


facepalm

#politics #usa #fail #problem #omg #wtf #fnord #facepalm #news #economy


Social media is being transformed from an advertising platform and subscription trap into a toxic, inhuman democracy-destroying machine.


#socialMedia #internet #advertisement #democracy #politics #future #economy #problem #ethics #quote #wisdom #transformation


@OutOfSpace

Forgot to mention at least one important caveat.

To some analysts current data doesn't suggest an inflationary pressure as a result of the #Trump #tariffs but, given the sorry state of the #US #economy right now, rather a #MarginSqueeze with (more) #layoffs & mass #bankruptcy as a result.

That of course would not be helpful at all, meaning a jump from the frying pan into the fire.

Others even foresee a #stagflation, combining the worst of two worlds.

Anyway, change will come. 🌎


Thanks everyone for participating in my "Why is #Trump trying to crash the US #economy?" poll. Interesting results.

Here's a different & potentially overlooked aspect of it - personal enrichment.

Trump wants to "#BuyTheDip" and for that he's willing to hurt the american people like hell.

#Musk task on the other hand is to make sure, that the populace (and especially the armed right wing insurgency) hates everything "woke" more than being plundered by #billionaires.

canadiandimension.com/articles…

🗽


To my fellow famously #protest-averse #Americans:

#April5

#MoveOn, #Indivisble, 50501, etc are having nationwide demonstrations

Everyone show up

*Everyone*

"But I have to go to Starbucks and scroll Instagram"

The #economy is about to go in the toilet due to #Trump. That's a thing a lot of you assholes pretend to care about

The rest of us will be there for #NeriAlvaradoBorges

Deported to #ElSalvador over a "gang" (#Autism Acceptance) #tattoo

Find your local spot

Show the fuck up


Holy shit

#DeSantis admits that the #WorkerShortages created by anti-#immigrant laws need to be eased by putting teenagers to work by relaxing #ChildLabor protection standards.

#USpol #law #immigration #economy #Trump

miamiherald.com/news/local/imm…

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