Friday, August 8, 2025

US Economic Reality

Now brace for the full fallout of Trump’s global shake-down
https://www.telegraph.co.uk/business/2025/08/08/now-brace-for-the-full-fallout-of-trumps-global-shake-down/
America’s incipient stagflation will be hard to disguise even if the White House shoots all the messengers.
 
Trump’s ‘Liberation Day II’ Bombs at the Box Office
https://www.wsj.com/opinion/trumps-liberation-day-ii-bombs-at-the-box-office-318c912d
The sequel features more poor economics, bad foreign policy and executive overreach.
 
So, About Those Big Trade Deals
https://www.theatlantic.com/economy/archive/2025/08/trump-trade-deals/683796/
If you read the fine print, the “concessions” from America’s trade partners don’t add up to much. 

Trump’s Biggest Economic Threat Is Inflation
https://www.wsj.com/opinion/trumps-biggest-economic-threat-is-inflation-1a1ab307
Households may notice price increases from his tariffs long before official statistics catch up.

Earning More but in Worse Shape: Hardship Overwhelms Many American Families
https://www.wsj.com/economy/earning-more-worse-shape-poverty-overwhelms-families-eab13800
Nearly half of kids in the U.S. live in households below the middle class as inflation and the end of Covid relief hit working parents; a $2.90 raise that cuts government benefits.