It is clear what Democrats are running AGAINST--A president who won't be able to run for the Presidency again. I'd like to see the Democrats run FOR something that would make our lives better.
The immigration approval line is WILD to me. He's basically doing everything the rightwing wants to deport, harras and block entry of anyone not like them....and his approval hasn't actually increased. Which I think highlights the risks of having your policies in fictional things. You can't improve a situation that you fabricated.
You can’t call it amnesia if they never had the skill set to comprehend, micro, and macro economics. Low voter turnout in America for the last 30 years. Is iexacerbated by reduced critical, thinking skills, in a large part of our populous.
The threat to democracy will enhance voter turn out. Maybe humans will learn to drill down to understand variables that here to fore are acronyms in echo Chambers trolling dead bait
I’ve quickly upgraded to paid on this site. The author’s intellectual chops honed via journalistic roadmap worthy of our support.
I continue to be amazed at the economic amnesia displayed by a large cohort of 2024 voters. Despite his terrible leadership before and during the pandemic (and exogenous factors like supply-chain disruptuon that Biden's admin later helped fix) people still thought he had the skills and policies to lead us. Suckers are not born every nanosecond (updating Barnum), they're reborn, too.
Cannot disagree with your analysis. But Elliott appears to count on dissension in the MAGA universe to save us. I argue that fear will drive autocracy until we experience either civil war or economic collapse - or potentially both
Trump never takes responsibility for his mistakes. He is now going after the Fed blaming it for the mess he has created. Protest this nonsense. He made the mess and should own it.
But look at his approval numbers on immigration. That's the fear card in play. The electorate will trade economic pain for the perception that stopping immigration and deporting these alleged dangerous criminals is paramount. The courts can’t or won’t stop him. We've seen this movie before, and it ends far worse then anyone foresees at this juncture.
His immigration "policy" (I refuse to call white supremacy/Christan Nationalism an actual policy) has economic impact that either we haven't seen yet or can't seperate from some other numbers. As more immigrants are either rounded up or choose to "self deport" rather than deal with the ICE Gestapo's cruelty, they're going to obviously abandon jobs. Many, if not most, of those jobs are in construction and agricultural work. Even if there are citizens to replace them (a dubious propisition at best, especially in agriculture) prices are likely to rise because citizens will demand to be paid "above the table" and at least minimum wage, which isn't the case with undocumented immigrants. If the media, and then the public makes that connection, his numbers in both areas will get worse.
Thats the thing about Trump, *none* of his policies make sense. Recently, the Sec. of Commerce suggested the federal employees laid off could get jobs in the factories the tariffs will bring back to the US. This is the level of complete fantasy nonsense believed by the Trumpers.
The one-month moving average of net economic approval chart is staggering. You would think that at this point, they would attempt a course correction. I can't say that I'm upset about it, though.
Being the global reserve currency brings immense advantages: lower borrowing costs, persistent demand for sovereign debt, and unparalleled financial influence. But reserve status is not a birthright. It comes with stringent, often overlooked requirements. In a world where the safety-liquidity-return hierarchy governs global capital flows, breaching the “safety” pillar would be the most dangerous move of all.
It is clear what Democrats are running AGAINST--A president who won't be able to run for the Presidency again. I'd like to see the Democrats run FOR something that would make our lives better.
The immigration approval line is WILD to me. He's basically doing everything the rightwing wants to deport, harras and block entry of anyone not like them....and his approval hasn't actually increased. Which I think highlights the risks of having your policies in fictional things. You can't improve a situation that you fabricated.
You can’t call it amnesia if they never had the skill set to comprehend, micro, and macro economics. Low voter turnout in America for the last 30 years. Is iexacerbated by reduced critical, thinking skills, in a large part of our populous.
The threat to democracy will enhance voter turn out. Maybe humans will learn to drill down to understand variables that here to fore are acronyms in echo Chambers trolling dead bait
I’ve quickly upgraded to paid on this site. The author’s intellectual chops honed via journalistic roadmap worthy of our support.
I continue to be amazed at the economic amnesia displayed by a large cohort of 2024 voters. Despite his terrible leadership before and during the pandemic (and exogenous factors like supply-chain disruptuon that Biden's admin later helped fix) people still thought he had the skills and policies to lead us. Suckers are not born every nanosecond (updating Barnum), they're reborn, too.
Another useful piece. One thing, though: doesn’t the New York Fed’s model have Q1 GDP right around the average, at 2.6% annualized growth?
Cannot disagree with your analysis. But Elliott appears to count on dissension in the MAGA universe to save us. I argue that fear will drive autocracy until we experience either civil war or economic collapse - or potentially both
Trump never takes responsibility for his mistakes. He is now going after the Fed blaming it for the mess he has created. Protest this nonsense. He made the mess and should own it.
Ukraine, N.Korea, Gaza, Iran, tariffs, 401, universities, etc.. Trashes everything that he touches...
It is so frustrating that most of your links are behind paywalls!
🤞
First time terrible news sounds so good. Thank you for your diligence and expertise. We must resist and work to build an equitable national society.
But look at his approval numbers on immigration. That's the fear card in play. The electorate will trade economic pain for the perception that stopping immigration and deporting these alleged dangerous criminals is paramount. The courts can’t or won’t stop him. We've seen this movie before, and it ends far worse then anyone foresees at this juncture.
His immigration "policy" (I refuse to call white supremacy/Christan Nationalism an actual policy) has economic impact that either we haven't seen yet or can't seperate from some other numbers. As more immigrants are either rounded up or choose to "self deport" rather than deal with the ICE Gestapo's cruelty, they're going to obviously abandon jobs. Many, if not most, of those jobs are in construction and agricultural work. Even if there are citizens to replace them (a dubious propisition at best, especially in agriculture) prices are likely to rise because citizens will demand to be paid "above the table" and at least minimum wage, which isn't the case with undocumented immigrants. If the media, and then the public makes that connection, his numbers in both areas will get worse.
Thats the thing about Trump, *none* of his policies make sense. Recently, the Sec. of Commerce suggested the federal employees laid off could get jobs in the factories the tariffs will bring back to the US. This is the level of complete fantasy nonsense believed by the Trumpers.
The one-month moving average of net economic approval chart is staggering. You would think that at this point, they would attempt a course correction. I can't say that I'm upset about it, though.
It's just so discouraging that so many people bought the obvious nonsense that Trump would somehow 'fix' the economy and lower prices.
How is he doing on going full dictator? Corruption? Cronyism? Must be through the roof?
Being the global reserve currency brings immense advantages: lower borrowing costs, persistent demand for sovereign debt, and unparalleled financial influence. But reserve status is not a birthright. It comes with stringent, often overlooked requirements. In a world where the safety-liquidity-return hierarchy governs global capital flows, breaching the “safety” pillar would be the most dangerous move of all.
https://open.substack.com/pub/marketszoon/p/dollar-privilege?r=58uzcq&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false