#useconomy — Public Fediverse posts

https://www.penguinrandomhouse.com/books/778487/gouged-by-lindsay-owens/

As anger about surveillance pricing grows in the USA, this forthcoming book should be timely reading.

#Prices #SurveillancePricing #Consumer #USEconomy #Gouged #LindsayOwens

We surveyed 6,000 Americans. Here is the winning message for Democrats | Dustin Guastella
By Dustin Guastella and Erica Etelson

It’s about ‘kitchen-table populism’: focusing on Americans’ day-to-day economic struggles

https://www.theguardian.com/commentisfree/2026/aug/27/democrats-survey-populism-economy

#Democrats #USpolitics #USnews #USmidtermelections2026 #USeconomy #USCongress #TheGuardian #DustinGuastella #EricaEtelson

We surveyed 6,000 Americans. Here is the winning message for Democrats | Dustin Guastella https://www.theguardian.com/commentisfree/2026/aug/27/democrats-survey-populism-economy #Democrats #UsPolitics #UsNews #UsMidtermElections2026 #UsEconomy #UsCongress

This is the question Democrats should ask voters in order to win this November
By Robert Reich

They should ask the question Reagan asked at the end of his debate against Jimmy Carter: ‘Are you better off now than you were before this presidency?’

https://www.theguardian.com/commentisfree/2026/aug/26/democrats-voters-november-elections

#Democrats #USnews #USpolitics #USIsraelwaronIran #USeconomy #UShealthcare #Republicans #Trumpadministration #DonaldTrump #Trumptariffs #TheGuardian #RobertReich

This is the question Democrats should ask voters in order to win this November https://www.theguardian.com/commentisfree/2026/aug/26/democrats-voters-november-elections #Democrats #UsNews #UsPolitics #UsisraelWarOnIran #UsEconomy #UsHealthcare #Republicans #TrumpAdministration #DonaldTrump #TrumpTariffs

Is the Trump Treasury panicking over the level of US debt?
By Kenneth Rogoff

With the federal deficit near 6% of GDP and the national debt over $40tn, America’s fiscal position looks increasingly precarious

https://www.theguardian.com/business/2026/aug/26/is-the-trump-treasury-panicking-over-the-level-of-us-debt

#USGovernmentborrowing #Business #USeconomy #Inflation #Economics #Globaleconomy #USdebtceiling #USnews #Bonds #USinterestrates #FederalReserve #Internationaltrade #Trumpadministration #Trumptariffs #USpolitics #Worldnews #Quantitativeeasing #TheGuardian #KennethRogoff

Is the Trump Treasury panicking over the level of US debt? https://www.theguardian.com/business/2026/aug/26/is-the-trump-treasury-panicking-over-the-level-of-us-debt #UsGovernmentBorrowing #Business #UsEconomy #Inflation #Economics #GlobalEconomy #UsDebtCeiling #UsNews #Bonds #UsInterestRates #FederalReserve #InternationalTrade #TrumpAdministration #TrumpTariffs #UsPolitics #WorldNews #QuantitativeEasing

Billionaire investor says he used AI to write critique of former mentee Scott Bessent
By Uwa Ede-Osifo

Stanley Druckenmiller said he was ‘proud of using it’ as wider media grapples with parameters around AI use

https://www.theguardian.com/us-news/2026/aug/25/scott-bessent-stanley-druckenmiller-ai

#USnews #USeconomy #Trumpadministration #Media #USpolitics #TheGuardian #UwaEdeOsifo

Billionaire investor says he used AI to write critique of former mentee Scott Bessent https://www.theguardian.com/us-news/2026/aug/25/scott-bessent-stanley-druckenmiller-ai #UsNews #UsEconomy #TrumpAdministration #Media #UsPolitics

AI has the potential to transform the global economy over the next decade, with the greatest long-term investment gains likely accruing to companies that use the technology rather than those that build it. https://www.japantimes.co.jp/commentary/2026/08/26/world/ai-supercharged-economy-winners/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #ai #us #tech #useconomy #globaleconomy #healthcare #jobs

The Guardian view on Trump’s economic threats: bullies can overplay their hand | Editorial
By Editorial

Tariffs on Canada, threats against Iran’s partners and bond market intervention show a president weaponising US power while making Americans poorer at home

https://www.theguardian.com/commentisfree/2026/aug/25/the-guardian-view-on-trumps-economic-threats-bullies-can-overplay-their-hand

#DonaldTrump #Tariffs #Canada #USeconomy #MarkCarney #USpolitics #Trumpadministration #USforeignpolicy #FederalReserve #TheGuardian #Editorial

The Guardian view on Trump’s economic threats: bullies can overplay their hand | Editorial https://www.theguardian.com/commentisfree/2026/aug/25/the-guardian-view-on-trumps-economic-threats-bullies-can-overplay-their-hand #DonaldTrump #Tariffs #Canada #UsEconomy #MarkCarney #UsPolitics #TrumpAdministration #UsForeignPolicy #FederalReserve

US consumer confidence falls in August as gas prices remain above $4 per gallon
By Associated Press

Confidence index drops to 89.4 in August from 90.2 in July amid frustration after five years of elevated inflation

https://www.theguardian.com/business/2026/aug/25/us-consumer-confidence-falls

#USeconomy #Business #Economics #USpolitics #USnews #Trumpadministration #TheGuardian #AssociatedPress

US consumer confidence falls in August as gas prices remain above $4 per gallon https://www.theguardian.com/business/2026/aug/25/us-consumer-confidence-falls #UsEconomy #Business #Economics #UsPolitics #UsNews #TrumpAdministration

US Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns
By Graeme Wearden

Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley Druckenmiller

https://www.theguardian.com/business/2026/aug/25/us-treasury-scott-bessent-bond-buying-donald-trump-stanley-druckenmiller

#USeconomy #Economics #Business #USnews #Worldnews #TheGuardian #GraemeWearden

US Treasury’s Scott Bessent ‘making mistake’ interfering with bond markets, former mentor warns https://www.theguardian.com/business/2026/aug/25/us-treasury-scott-bessent-bond-buying-donald-trump-stanley-druckenmiller #UsEconomy #Economics #Business #UsNews #WorldNews

This is a good and slightly wonkish read on the bond markets.

“With 10 and 30 year Treasury bonds hovering close to 20 year highs in the past week, there has been a flurry of talk about how this will hamstring any future Democratic Administration from delivering economic programs, due to the increase in how much money will be needed to pay interest on the national debt, which crossed $40 Trillion last week”

https://bonddad.blogspot.com/2026/08/a-deeper-look-at-history-and-sources-of.html
#USEconomy #Bonds #USPol

The treasury bond mess: is this the demise of the US as a safe haven? https://www.theguardian.com/business/2026/aug/24/treasury-bonds-trump-administration-debt #UsEconomy #Bonds #UsInterestRates #DonaldTrump #FederalReserve #Economics #TrumpAdministration #Business #UsPolitics #UsNews

The treasury bond mess: is this the demise of the US as a safe haven?
By Eduardo Porter

The US is scooping up treasury bonds in an effort to raise their price and push yields down – but it’s not working

https://www.theguardian.com/business/2026/aug/24/treasury-bonds-trump-administration-debt

#USeconomy #Bonds #USinterestrates #DonaldTrump #FederalReserve #Economics #Trumpadministration #Business #USpolitics #USnews #TheGuardian #EduardoPorter

New Fed chair faces critical test at Jackson Hole as inflation fears mount https://www.theguardian.com/business/2026/aug/24/fed-chair-kevin-warsh-faces-critical-test-jackson-hole-inflation-fears-mount #UsEconomy #FederalReserve #DonaldTrump #Inflation #Business #Bonds #TaxAndSpending #UsisraelWarOnIran #Economics #WorldNews #UsNews

New Fed chair faces critical test at Jackson Hole as inflation fears mount
By Richard Partington Senior economics correspondent

Investors will hope Kevin Warsh offers ‘comfort blanket’ at annual meeting of central banks amid bond market anxiety

https://www.theguardian.com/business/2026/aug/24/fed-chair-kevin-warsh-faces-critical-test-jackson-hole-inflation-fears-mount

#USeconomy #FederalReserve #DonaldTrump #Inflation #Business #Bonds #Taxandspending #USIsraelwaronIran #Economics #Worldnews #USnews #TheGuardian #RichardPartingtonSenioreconomicscorrespondent

Jumpy bond markets make it clear: Trump risks driving US into debt crisis | Heather Stewart
By Heather Stewart

Treasury secretary Scott Bessent’s attempt to calm bond markets is a sign of weakness not strength

https://www.theguardian.com/business/2026/aug/23/jumpy-bond-markets-make-it-clear-trump-risks-driving-us-into-debt-crisis

#USeconomy #Bonds #Business #Economics #DonaldTrump #Trumpadministration #USnews #Worldnews #Globaleconomy #TheGuardian #HeatherStewart

Jumpy bond markets make it clear: Trump risks driving US into debt crisis | Heather Stewart https://www.theguardian.com/business/2026/aug/23/jumpy-bond-markets-make-it-clear-trump-risks-driving-us-into-debt-crisis #UsEconomy #Bonds #Business #Economics #DonaldTrump #TrumpAdministration #UsNews #WorldNews #GlobalEconomy

🧵 1/2

Paul Krugman & Jared Bernstein on US debt
https://youtu.be/XnHxzDcfmw4?si=d41xntuRNsSkyh17

Sanity and decency rather than hysteria or complacency in this discussion of US debt.

It will be helpful viewing for Americans worrying about the size of the debt and salutary for Democrats and progressives when thinking about policy priorities for a post-Trump USA.

When discussing the current and projected level of US debt, always....

#USEconomy #USPolitics #USDebt #Debt #FiscalPolicy

US Gas Prices Up Nearly $1 as Hormuz Traffic Stays at 20%

American drivers face the highest pump prices in four years as Strait of Hormuz shipping remains at a fraction of pre-war levels amid the ongoing US-Iran conflict.

https://pulseofnations.lol/us-gas-prices-up-nearly-1/

#EnergyCrisis #GasPrices #Hormuz #Iran #Oil #Opec #UsEconomy

/4

And —

Straight out of the horse's mouth (the #US gov't)...

"Personal income less personal current taxes" increased $48.3 billion," while "personal consumption expenditures (PCE) increased $65.2 billion..."

So there's a $16.9 billion discrepancy between the two increases, and it seems collective "money out" (spending) is greater than "money in" (income).

Also, the rise in personal income dropped 0.5% b/t May & June 2026.

#MyThoughts #USA #USeconomy #economics
--
https://www.bea.gov/data/income-saving/personal-income

/3

Also, BeSsent "said the bottom 25% of workers have seen a 2% real wage gain," but that was "likely a reference to Treasury data for 2025 that showed blue-collar workers saw growth of 1.7% in the first five months of Trump's presidency."

#MyThoughts —

That is absolutely nothing to brag about when it's only close to half of the rate of #inflation.

In fact, he and the rest of the admin should be ashamed.

#USA #US #USeconomy #economics
---
https://finance.yahoo.com/economy/articles/scott-bessent-just-declared-k-114751354.html
--
https://www.usinflationcalculator.com/inflation/historical-inflation-rates/

Nearly 1/4 of American workers are "functionally unemployed" —

Those who are "involuntarily working part-time and who are earning poverty-level wages, or less than $26,000 annually before taxes," as well as those who are unemployed and looking for a job.

1🧵
#USA #US #USeconomy #economics #jobs #employment #wages
---

https://www.cbsnews.com/news/functional-unemployment-us-labor-market-analysis

I was just thinking about the US government's incentive to prop up companies it takes stakes in.

(Under #trump, the government has done so almost as standard operating procedure, not just when the company or industry is faltering)

#USA #USeconomy #USgovernment #business
#MyThoughts

/2

The US gov't has been issuing lots of #debt over many years (acting like the corporate bond market in a way, financing activity w/ debt while expecting a "payout" of high US economic growth; the current admin especially so).

Now US bonds are less attractive to investors, causing a big selloff (which US Treasury Secretary Bessent recently failed to tamper much, see the 2nd link below).

#USA #USeconomy #finance #bonds #GovernmentBonds
----
https://www.msn.com/en-us/money/markets/bond-market-sell-off-threatens-to-drive-up-loan-costs/ar-AA2auFYG
----
https://mstdn.social/@dalfen/117132806463579679