
"In a sane political universe, we'd have cause to hope that Donald Trump would be losing public favor as a result of his many crimes, moral trespasses, abuses of power, and bigotries. The saga of his second term has involved his casually bypassing any and all guardrails to shore up small-r republican self-governance in the crass pursuit of his preferred megalomaniacal obsessions, from the hulking wreck of his White House renovation to his hate-fueled brownshirt raids targeting law-abiding immigrant communities,"
"And now a new jobs report from the Bureau of Labor Statistics-the reporting agency that Trump tried to hand over to a MAGAratchik too unhinged for even the GOP Senate to approve-shows that unemployment has spiked to 4.6 percent-the highest level since the Covid recession. More unforced errors abound here, with 105,000 deferred resignations from federal employees besieged by the terrors of DOGE dragging down the overall figures."
Donald Trump's second term has involved bypassing institutional guardrails, self-enrichment, and violent, xenophobic actions including raids on immigrant communities and alleged foreign-directed killings. Economic indicators have weakened: GDP growth has fallen below 2 percent, inflation has risen past 3 percent despite Federal Reserve rate cuts, and business activity indexes sit at six-month lows. Tariff policies that push average import duties toward 10 percent are likely to further elevate inflation. Labor data show unemployment rising to 4.6 percent—the highest since the COVID recession—while 105,000 deferred federal resignations and weakening manufacturing employment weigh on overall figures.
Read at The Nation
Unable to calculate read time
Collection
[
|
...
]