Trump promised his tariffs would reduce imports. The opposite has happened. Imports are up since he returned to office, and the trade deficit is widening. Promises not kept. #foreigntrade #economy www.bea.gov/news/2026/us...

A low birthrate isn’t a problem for the economy. Productivity growth more than makes up for the impact of the declining population. #birthrate #population #economy www.straitstimes.com/world/united...

Finance used to be about investing money into productive businesses. Now it’s about bleeding money out of them. Financialization is ruining our economy. #financialization #economy rooseveltinstitute.org/blog/what-is...

A 2% transaction tax (sales tax) on stock market trades would raise $5.5 trillion a year. That’s more than the federal government’s total revenue in 2025 ($5.23 trillion). #wealthtax #economy

$2.5 billion spent on fireworks for today’s Independence Day celebrations. 🎇

Full-time employment is down 1.5 million over the last 12 months. 1.5 million. www.bls.gov/web/empsit/c...

Full-time employment fell a whopping 514,000 in June. A total of 2.24 million full-time jobs have disappeared since Trump returned to office. This important news isn’t being reported! Help spread the word! fred.stlouisfed.org/series/LNS12...

The “fast food spending index” is falling precipitously. It’s either a sign of economic weakness or people are tired of cheap burgers. #economy cepr.net/publications...

Excellent. The federal minimum wage is long overdue for an increase.

“Deficit Donnie” Trump has added to the national debt faster than any other president. #nationaldebt #deficitspending #trump

The Personal Savings Rate has fallen to 3.0%. In January 2025 it was 5.1%. It is approaching the lowest rate ever recorded. #savings #economy fred.stlouisfed.org/series/PSAVERT

Americans have spent an extra $56.6 billion on gasoline due to price increases caused by Trump’s war on Iran. #gasprices #iranwar #economy itep.org/iran-war-fue...

Inflation: The PCE price index rose to 4.1% in May. Excluding volatile food and energy, it increased to 3.4%. #pce #inflation #economy www.bea.gov/news/2026/pe...

Buying from Amazon is bad for the human race.

The supply of new homes available for sale has risen above ten months for the first time since 2022. The graph illustrates the extreme cyclical nature of the housing industry. #housing #economy fred.stlouisfed.org/series/MSACSR

A worker making $50,000 a year contributes to Social Security on 100% of their income. A CEO making $20 million a year contributes to Social Security on less than 1% of their income. Instead of raising the retirement age, we should scrap the Social Security tax cap.

There isn’t a shortage of housing overall, but there is a shortage of apartments and homes that low and middle income people can afford. It’s more evidence of a K-shaped economy and the erosion of living standards for the majority. #economy #housing www.jchs.harvard.edu/state-nation...

Universal healthcare with cost controls could save Americans and American businesses trillions annually. Excessive costs are a drag on the economy. #universalhealthcare #economy

In 2020, the world’s richest man was Jeff Bezos with $113 billion. Now it’s Elon Musk with $1 trillion. That’s a 9x increase in just 5.5 years. Asset price inflation makes the ultra-rich exponentially more wealthy in remarkably short periods of time.

Modern Monetary Theory provides a different take on how government finances should work. #MMT #economy #nationaldebt youtu.be/eLAJEeGGwaU?...

The K-Shaped Economy splits in two divergent paths. Asset inflation drives up the wealth of the richest, while the living standards of everyone else erode. #economy #kshape www.usbank.com/corporate-an...

The 500 richest people on Earth got $366 billion richer yesterday, the single biggest jump ever. This is what a global economy rigged for billionaires looks like.

Contrary to the misinformation spread by propagandists, young people aren’t lazy. The labor force participation rate of 20-24 year olds has been stable for 10 years, and is higher than it was during the ”good old days” of 1955 to 1975. #economy fred.stlouisfed.org/series/LNU01...

Share with someone who has a bit of money, and is opposed to wealth taxes on the super rich.

396,000 fewer native-born Americans were employed in May 2026 compared to May 2025. #economy #employment www.bls.gov/news.release...

Labor Share (worker pay as a % of total economic activity) is at an all time low. That’s why we have a K-shaped economy — workers get less while investors get more. The decline began when Reagan was president. #laborshare #useconomy #kshaped fred.stlouisfed.org/series/PRS85...

Gary Stevenson replies to The Economist’s lame criticism of wealth taxes. #theeconomist #wealthtax #economy youtu.be/F8mfqPNdENw

Recently, a couple of dum-dums on CNBC complained about the “low labor force participation rate“ and “nobody wants to work because benefits are too high”. None of that is true. For working age people, the labor force participation rate is near record highs. fred.stlouisfed.org/series/LNS11...

Since Trump returned to office, manufacturing employment has fallen 68,000. His beloved tariffs aren’t having the impact he promised. Manufacturing employment is now down 298,000 from its highest point during the Biden administration (January 2023). fred.stlouisfed.org/series/MANEMP #economy

An in-depth look at the minimum wage in the US, why it should be raised, and the economic impact. Highly recommended analysis: www.epi.org/publication/...

What’s up? Inflation! In May it increased to 4.2%. The price of gas increased 40.5% in the last 12 months. Electricity increased 5.9%. Shelter (rent) is up 3.4%. Medical care is up 3.6%. www.bls.gov/news.release...

Federal government spending is soaring. It jumped from $7.54 trillion in the first quarter of 2025 to $8.52 trillion in the first quarter of 2026. (Seasonally adjusted annual rate). War is expensive! fred.stlouisfed.org/series/W019R...

1,725,000 full-time jobs have disappeared since Trump returned to office. 4,223,000 full-time jobs were added during the Biden administration (counting from the pre-pandemic peak). fred.stlouisfed.org/series/LNS12...