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“That’s socialism. You may be comfortable with socialism. You may decide you like socialism because someone from the Trump administration wants socialism. But my God, people, what have we been fighting for for the last decade? You want smaller government? This expands it.”
— Conservative talk show host Erick Erickson, on the federal government taking equity stakes in private companies.
70%
A new Wall Street Journal-NORC poll finds that “the share of people who say they have a good chance of improving their standard of living fell to 25%, a record low in surveys dating to 1987. … More than three-quarters said they lack confidence that life for the next generation will be better than their own, the poll found. … Nearly 70% of people said they believe the American dream—that if you work hard, you will get ahead—no longer holds true or never did, the highest level in nearly 15 years of surveys.”
7.2%
“Unemployment in the U.S. remains historically low at 4.2%. Yet Black workers are living in a different reality: Unemployment for Black Americans has surged to 7.2%, the highest level since October 2021, when the job market was still recovering from the pandemic,” the Wall Street Journal reports. “The drop in employment is a warning sign for the labor market and threatens to unravel employment gains made by Black workers during and after the pandemic.”
