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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (1552956)	8/17/2025 1:33:00 PM
From: sylvester80	2 Recommendations Recommended By Goose94 pocotrader Respond to of 1570046

'GLOOM' OVER POS trump ECONOMY HITS WORST LEVELS 'SINCE THE GREAT RECESSION': report 'Gloom' over Trump economy hits worst levels 'since the Great Recession': report Story by Alex Henderson • 20h • 3 min read According to the U.S. Bureau of Labor Statistics (BLS), unemployment in the United States was at 4.2 percent in July — which is far from a recession. But the BLS also found that the U.S. is hurting in terms of job creation; the 4.2 percent figure largely reflects Americans who are holding on to jobs they already have rather than starting new jobs. And President Donald Trump was so angry over the BLS' job creation data that he fired ex-BLS Commissioner Erika McEntarfer and nominated a MAGA loyalist for the position: E.J. Antoni, known for his work with the Heritage Foundation. In an article published on August 16, Axios' Courtenay Brown lays out some reasons why so many Americans are feeling "gloomy" about the economy. "Americans haven't been this gloomy about the job market since the Great Recession," Brown reports. "Why it matters: Fears about joblessness have surged since President Trump unveiled plans to impose steep tariffs on foreign goods. The economy might have hit a soft patch, but it has so far dodged the bleak predictions from a few months ago." READ MORE: 'Pathetic and utterly irresponsible': Melania Trump slammed for 'weak performative stunt' Nonetheless, Brown notes that "consumers are still bracing for the worst to come." "As of early August," Brown explains, "that pessimism was in step with that of the 2008 financial crisis. About 62 percent of consumers believe unemployment will worsen in the year ahead, according to the University of Michigan's latest monthly survey. That's bounced around a little in the last few months, but consistently hung around levels not seen since the Great Recession…. The concerns about higher unemployment are paired with worries about an inflation resurgence." Related video: Majority of workers fear they will lose their job this year, survey finds (KTVU FOX 2 San Francisco) According to a State of the Labor Market survey this Current Time 0:01 / Duration 5:56 KTVU FOX 2 San Francisco Majority of workers fear they will lose their job this year, survey finds 0 View on Watch The University of Michigan's consumer report was released on August 15. Joanne Hsu, the report's director, is quoted as saying, "Although CPI inflation has not surged, our data show that consumers are still bracing for an increase in inflation to come. Moreover, consumers are also concerned that labor markets will weaken." READ MORE: 'Trolling the president': How the myth of Trump's mental fitness has finally been revealed Brown notes that The Great Recession was the United States' "worst economic downturn since the Great Depression." When the stock market crashed in 1929, U.S. unemployment was only 3.2 percent, according to Investopedia. By 1932, it was up to 23 percent. Americans were so angry about the economy that year that Democratic presidential nominee Franklin Delano Roosevelt defeated incumbent GOP President Herbert Hoover by a landslide and picked up a whopping 472 electoral votes. The Great Recession wasn't as severe as The Great Depression, but Brown recalls that in late 2008 and 2009, "The stock market was falling off a cliff, unemployment filings soared and the jobless rate would ultimately peak at 10 percent." Brown continues, "Now: The economy is slowing, though fears are worse than the official data suggests so far. The unemployment rate is holding at a historically low 4.2 percent, as of July. Hiring has stalled, but so have layoffs. There are fewer unemployment filings now than in July 2021, when a record-low share of Americans (14 percent) said they anticipated higher unemployment in the year ahead." READ MORE: MAGA found a new way to 'own the libs' — and it bombed *Read Courtenay Brown's full report for Axios at this link.* Related Articles:· 'She knows she is lying': Leavitt blasted over her response to Trump's newest controversy · 'Highly damaging': How Trump's latest firing is 'destructive' to his own administration · 'Nuclear scenario': Ex-Fed official warns Trump leaving economic policy 'badly damaged'

To: Broken_Clock who wrote (1552956)	8/17/2025 1:42:44 PM
From: sylvester80	1 Recommendation Recommended By pocotrader Respond to of 1570046

‘LIE, LIE!’: GOP Rep SAVAGED AT LOCAL TOWN HALL VOTER FURY Locals outraged by Harriet Hageman’s attempts to spread climate denialism. thedailybeast.com Jack Revell Night Reporter Updated Aug. 17 2025 3:52AM EDT Published Aug. 17 2025 1:22AM EDT Tom Williams/CQ-Roll Call, Inc via Getty Images Wyoming Republican Representative Harriet Hageman has once again found herself facing an angry crowd while attempting to defend a Trump administration policy. The congresswoman tried to justify the government’s planned repeal of the Environmental Protection Agency’s landmark “endangerment finding” to a crowd of voters at a town hall event in the rural town of Pinedale, Wyoming. The Endangerment Finding is a determination by the EPA that greenhouse gases in the atmosphere pose a threat to public health and welfare, requiring action to reduce emissions. It is based on extensive scientific evidence linking such gases to climate change. “The endangerment finding is absolutely based upon false science,” Hageman claimed. Her comments were met with a chorus of boos and heckles, with locals shouting, “No!” and others chanting, “Lie, lie!” as she attempted to press on. “CO2 is not a pollutant,” Hageman shouted over the crowd. “As far as the validity and the science that was the foundation for that, they cooked the books.” Harriet Hageman in an undated handout photo provided Oct. 11, 2022.Harriet Hageman/Handout via Reuters“It was well attended with a spirited crowd and I welcome the opportunity to have meaningful discussion,” Hageman wrote in a statement posted to Facebook about the Pinedale town hall meeting. “As your representative, I am here to listen, answer the tough questions, and fight for Wyoming’s values in Washington.” Video of the incident has yet to surface online. However, this is not Hageman’s first dressing down from a crowd. In videos posted to social media in March, Hageman can be seen trying to tell a crowd at a town hall in Laramie, Wyoming, that “DOGE is not dismantling Social Security.” The boos received in that video are so passionate that she struggles to be heard. Wyomingites Up in Arms Over ‘Swastika Lake’ Name Change WHY-OMING? Catherine Bouris Wyoming overwhelmingly voted in favor of Donald Trump in the 2024 election, with the Republican candidate winning 72.3 percent of the vote. However, according to the local publication WyoFile, Sublette County—where the most recent town hall took place—has been struggling with poor air quality thanks to the region’s pioneering use of hydraulic fracturing and directional drilling in its natural gas fields. According to University of Wyoming polling, 86 percent of Wyomingites now believe that climate change is real and want action taken—something the Trump administration’s hardline approach to repealing emission standards and expanding fossil fuel production directly clashes with. Hageman’s failure to read the room in her latest town hall suggests she and other Republicans may continue to have a hard time selling the administration’s policies to their constituents, whose interests they are supposed to represent.

To: Broken_Clock who wrote (1552956)	8/17/2025 4:05:53 PM
From: Land Shark	2 Recommendations Recommended By Goose94 pocotrader Respond to of 1570046

Dopey MAGAts don’t understand the repercussions of TACO blowing up the budget with his tax scam giveaways to his billionaire buddies. USA credit rating will be eventually the same as Venezuela (C) and the US Peso will devalue. This coupled with TACO’s tariffs will cause runaway inflation.