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Showing posts with the label JOB LOSSES

The cost of Trump’s incompetence

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      The Center for Strategic and International Studies estimates that, as of sometime this morning, the cost of Donald Trump's Iran war passed $10 billion. That's $891 million a day of your tax dollars fueling this disaster.   Trump may have told British Prime Minister Keir Starmer over the weekend that the war was "already won," but Defense Secretary Pete Hegseth also told CBS's  60 Minutes  on Sunday, "This is only just the beginning."   While this administration turns to doublespeak to obscure the chaos abroad, the troubles stateside are unmistakable: Gas prices are surging. The U.S. lost 92,000 jobs last month. The economy is in free fall.    At  The New Republic,  we refuse to let this incompetence go unchallenged. But hard-hitting, independent journalism requires resources, and we need your help. Will you pitch in today? Trump's addled approach to governance is costing us dearly, and the polling is clear: Americans are reco...

Wednesday Afternoon News Updates - 12/3/25

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  Watch now   Wednesday Afternoon News Updates - 12/3/25 Ben Meiselas and MeidasTouch Network Dec 3 By Ben Meiselas This morning offered yet another sobering snapshot of a country in crisis under Donald Trump. While world headlines focus on the Trump’s visibly deteriorating physical and mental condition, including  Der Spiegel  documenting Trump nodding off during a disastrous cabinet meeting, new economic data paint an equally alarming picture of national decline. And as the fallout grows, Trump and his allies are scrambling for scapegoats, spinning conspiracy theories, and doubling down on racist rhetoric in a way that endangers not just our democracy, but the safety and dignity of millions of Americans. Let’s start with the numbers. You all know I am a data guy. The latest ADP private payroll report shows the U.S. shed 32,000 private-sector jobs in November, a staggering miss from Wall Street’s already tepid expectations. This isn’t a one-off blip. It’s ...