Donald Trump‘s bizarre combination of speech mannerisms, physical quirks, and garish physical appearance has over the past decade of his political career often functioned as teflon. The president’s absurdist, abhorrent political persona is endlessly mockable — as Saturday Night Live or any late-night host can attest — but it’s also …
Read More »Fed Warns Trump Tariffs May Increase Inflation, Unemployment
Federal Reserve Chair Jerome Powell warned on Wednesday that President Donald Trump’s tariff regime could lead to increased inflation and unemployment, as well as a slowdown in the U.S. economy as a whole. “If the large increases in tariffs that have been announced are sustained, they are likely to generate …
Read More »Republicans Are Livid About … the Fed Lowering Interest Rates
After months of complaining about the crippling burden of high interest rates and expensive borrowing, Republicans for some strange reason don’t seem too happy that the Federal Reserve has moved to do something about it. On Wednesday, the Federal Reserve announced it is cutting interest rates by half a percentage …
Read More »