Sales are up at the modern-day bargain basements, as more financially stressed Americans are compelled to shop there.
inflation
Posted inEconomic Policy
How Trump Declared Economic War on His Own People
The simultaneous economic sanctions on Iran and Canada will make everything you buy cost more—if we’re lucky.
Posted inEconomic Policy
Why Scott Bessent Can’t Fix the Bond Market
Every Trump lackey must indulge his whims, no matter how stupid.
Posted inTAP
How the Cost of Money Spikes Inflation
Government borrowing costs are going through the roof—and so are yours and mine.
Posted inTAP
Trump’s New Fed Chair Deserts Trump
Under Kevin Warsh, the Federal Reserve refuses to cut interest rates and may soon raise them.
Posted inHealth and Social Policy
Military Families Are Going Hungry—and the Numbers Don’t Yet Reflect the War
The number of families struggling with food insecurity nearly tripled in the last two years.
Posted inTAP
Kevin Warsh Decides Not to Be Trump’s Toady
The Fed votes 12-0 against Trump’s demand to cut interest rates.
Posted inEconomic Policy
Aftermath: The Economy Is Propped Up by Government Spending
In today’s edition, we highlight an underdiscussed reason why damage from the war hasn’t eaten the U.S. economy: fiscal stimulus.
Posted inHealth and Social Policy
While Pentagon Spends Billions on War, Military Families Say They’re Getting Shortchanged
Spouses of deployed military say they’re struggling with the costs of child care, groceries, housing.
Posted inTAP
How Trump Can Actually Believe We’re in a Golden Age
Does anyone he encounters dare to dispute his delusions?