President Trump posted a humiliating economic statistic that revealed his kindergarten-level understanding of economics: the U.S. trade deficit has “widened by the most in nearly 34 years,” he wrote on Truth Social. But a widening trade deficit isn’t a good sign for Trump’s economy. trib.al/kLG6xuI
— The New Republic (@newrepublic.com) June 10, 2026 at 11:42 AM
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US credit card debt has increased 14% faster than inflation since 2019, reaching $1.25 trillion. The personal savings rate dropped by 51% over the same period. www.stephensemler.com/p/falling-wa...
— Stephen Semler (@stephensemler.bsky.social) May 18, 2026 at 3:06 PM
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Trump Adviser Says Record-Low Consumer Sentiment Is Basically POTUS’ Fault for Caring Too Much https://www.europesays.com/people/66549/ White House National Economic Council Director Kevin Hassett has offered a striking explanation for why American consumer confidence…
— eu-people.bsky.social (@eu-people.bsky.social) May 11, 2026 at 2:10 PM
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We have *never* before seen consumer sentiment this low.
— Justin Wolfers (@justinwolfers.bsky.social) May 22, 2026 at 10:20 AM
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Hassett on American consumers: "Credit card spending is through the roof. They're spending more on gasoline, but they're spending more on everything else too."
— Aaron Rupar (@atrupar.com) May 6, 2026 at 9:19 AM
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Markwayne Mullin: "We are currently drawing up plans to say, listen, in these sanctuary cities where the local radical left Democrats aren't allowing us to do our job and enforce federal laws, then we shouldn't be processing international flights into their cities."
— Aaron Rupar (@atrupar.com) May 26, 2026 at 9:50 PM
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Holy crap. 70% disapproval.
— Jon Cooper (@joncooper-us.bsky.social) May 12, 2026 at 8:36 AM
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"Our president is basically an economic serial killer, whacking firms left and right. In addition to the intentional corporate executions, there are a great many Trump casualties that look more like manslaughter...victims mangled by Trump’s agenda." open.substack.com/pub/thebulwa...
— Bill Kristol (@billkristolbulwark.bsky.social) May 8, 2026 at 6:12 AM
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Trump: "For the reminder of 2026 you're gonna see a big surge. The numbers are really tremendous and that's why I'm out here. If they were bad, I wouldn't be here today. I'd be sitting home watching television."
— Aaron Rupar (@atrupar.com) April 16, 2026 at 9:20 PM
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Since 1994, immigrants have paid more in taxes than they receive in benefits every year. Do not believe the lies you hear about immigrants. They are good for society and the economy.
— Robert Reich (@rbreich.bsky.social) March 22, 2026 at 6:02 PM
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Oracle slashes 30,000 jobs with a cold 6 a.m. email
— Raider (@iwillnotbesilenced.bsky.social) March 31, 2026 at 9:42 AM
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NEWS: U.S. economic growth revised down sharply in Q4 2025. GDP expanded at just 0.7%, down from the previously reported 1.4%.
— MeidasTouch (@meidastouch.com) March 13, 2026 at 10:25 AM
A terrible February jobs report. The U.S. economy LOST 92,000 jobs last month, while the unemployment rate rose to 4.4%, one of the highest levels seen in the past few years. December was revised down to -17,000 jobs, while January was revised to 126,000.
— MeidasTouch (@meidastouch.com) March 6, 2026 at 9:58 AM
The worst year for job growth, outside a recession, since 2003. This is what Trump calls the greatest economy in history.
— Senator Martin Heinrich (@heinrich.senate.gov) February 17, 2026 at 12:07 PM
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As Trump rambles on about how “dead” the economy was, remember: 2024, under Biden: 1.45 million jobs 2025, under Trump: 181,000 jobs 2024, under Biden: 2.8% GDP growth 2025, under Trump: 2.2% GDP growth The question for the White House is simple: Why did things get worse after Trump returned?
— Steve Benen (@stevebenen.com) February 20, 2026 at 4:56 PM
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The AI bubble will pop, and take the economy down with it.
— LisaLisa (@lisalisa42.bsky.social) December 27, 2025 at 12:13 AM
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Payrolls fell -105k in October and rose +64k in November. August and September payrolls were also revised down a total of 33k. These data suggest VIRTUALLY NO EMPLOYMENT GROWTH since April ("Liberation day"). Unemployment is now up to 4.6%. This is a tricky report, so stay tuned.
— Justin Wolfers (@justinwolfers.bsky.social) December 16, 2025 at 8:36 AM
