Unemployment Rising in Swing States

+1,000

Washington Post: “In more than 1,000 counties, or about one in three, the unemployment rate is higher than it was a year ago. That includes all 72 counties in Wisconsin and all 10 in New Hampshire, as well as most in Michigan, Minnesota and North Carolina. The numbers can be volatile from month to month, but this trend remains even if you look at entire quarters or years.”

Budget Deficit Soaring

$1 trillion

“The U.S. government’s budget deficit ballooned to nearly $1 trillion in 2019, a $205 billion increase from a year earlier, as America’s fiscal imbalance widened for a fourth consecutive year despite a sustained run of economic growth,” the Washington Post reports. “The country’s worsening fiscal picture runs in sharp contrast to President Trump’s campaign promise to eliminate the federal debt within eight years. Since taking office, Trump has endorsed big spending increases and steered most Republicans to abandon the deficit obsession they held during the Obama administration.”

Trump’s Trade War Has Killed 300,000 Jobs

300,000

Yahoo News: “Forecasting firm Moody’s Analytics estimates that Trump’s trade war with China has already reduced U.S. employment by 300,000 jobs, compared with likely employment levels absent the trade war. … That’s a combination of jobs eliminated by firms struggling with tariffs and other elements of the trade war, and jobs that would have been created but haven’t because of reduced economic activity.”

Trade with China Is Falling

-22%

Associated Press: “China’s trade with the United States is falling as the two sides prepare for negotiations with no signs of progress toward ending a tariff war that threatens global economic growth. Imports of American goods tumbled 22% in August from a year earlier to $10.3 billion, customs data showed Sunday. Exports to the United States, China’s biggest market, sank 16% to $44.4 billion.”

Pelosi Accuses Pence of ‘Lining Trump’s Pockets’

“Vice President Pence promised that their Administration would defend the Constitution and stand by a ‘strict constructionist’ interpretation of the Constitution. Instead the Trump-Pence Administration is ignoring the text itself and selling out the Constitution to line Trump’s pockets.”

— Speaker Nancy Pelosi (D-CA), accusing Vice President Pence of “selling out the Constitution” to financially benefit President Trump following the vice president’s stay at one of Trump’s properties in Ireland, The Hill reports.