Month: November 2024
One Fine Bigot
He made his money as a Florida gambling scammer,
Now he wants to join Congress as “The Hebrew Hammer.”
With Donald Trump’s backing,
It’s Muslim progressives he’s attacking,
We agree with CAIR that he belongs, not in Congress, but in the slammer.
Progressives (and Muslims) Tlaib and Omar Threatened By Florida’s ‘Hebrew Hammer’
“The Hebrew Hammer is coming.”
— House Republican candidate and Florida state Sen. Randy Fine (R) said that progressive Reps. Rashida Tlaib (D-MI) and Ilhan Omar (D-MN) should consider leaving Congress if he is elected, The Hill reports.
Trump’s Thanksgiving Message of Hope and Reconciliation
President-elect Donald Trump offered his Thanksgiving greeting: “Happy Thanksgiving to all, including to the Radical Left Lunatics who have worked so hard to destroy our Country, but who have miserably failed, and will always fail, because their ideas and policies are so hopelessly bad that the great people of our Nation just gave a landslide victory to those who want to MAKE AMERICA GREAT AGAIN!”
U.S. Economic Growth Remains Solid Under Biden
2.8%
Bloomberg: “Gross domestic product increased at a 2.8% annualized pace in the third quarter, the second estimate of the figures from the Bureau of Economic Analysis showed Wednesday. The economy’s primary growth engine — consumer spending — advanced 3.5%, the most this year.”
Trump Favorability Rises
54%
The first post-election Emerson College poll finds President-elect Donald Trump’s favorability rating at 54%, a six-point increase from his pre-election favorability of 48%. President Joe Biden has a 36% job approval rating, a four-year low for the president in Emerson polls, while his disapproval rating remains steady at 52%.
Trump’s ‘Crazy Sh*t’ Strategy Explained
“He promises his base crazy shit. He then announces that he’s about to do the crazy shit. The media freaks out at the prospect of said crazy shit. Trump then wriggles out of doing the crazy shit and — this is the key part — his voters give him credit for the crazy shit anyway.”
— Jonathan Last
Trump Is NOT Going to Bring Down Grocery Prices
“If you voted for Trump because you thought he was going to bring grocery prices down, I have some very bad news for you.”
— Catherine Rampell, on CNN.
Federal Debt Could Spike Trump’s Big Economic Promises
The Associated Press: Donald Trump has big plans for the economy — and a big debt problem that will be a hurdle to delivering on them.
Trump has bold ideas on tax cuts, tariffs and other programs, but high interest rates and the price of repaying the federal government’s existing debt could limit what he’s able to do.
Not only is the federal debt at roughly $36 trillion, but the spike in inflation after the coronavirus pandemic has pushed up the government’s borrowing costs such that debt service next year will easily exceed spending on national security.
The higher cost of servicing the debt gives Trump less room to maneuver with the federal budget as he seeks income tax cuts. It’s also a political challenge because higher interest rates have made it costlier for many Americans to buy a home or new automobile. And the issue of high costs helped Trump reclaim the presidency in November’s election.
“It’s clear the current amount of debt is putting upward pressure on interest rates, including mortgage rates for instance,” said Shai Akabas, executive director of the economic policy program at the Bipartisan Policy Center. “The cost of housing and groceries is going to be increasingly felt by households in a way that are going to adversely affect our economic prospects in the future.”
