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hboushey.bsky.social
Economics. Personal views.
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NBC News EXCLUSIVE: A deadly E. coli outbreak hit 15 states, but the FDA chose not to publicize it www.nbcnews.com/news/us-news...

US FDA suspends food safety quality checks after staff cuts reut.rs/42C4h1Z

Definitely don't want to make it easier for people to file their taxes. Nope, definitely not

Scoop for @reuters.com: On Friday, the US Consumer Product Safety Commission will stop collecting data on injuries from incidents like car accidents and adverse drug effects due to staff cuts at the CDC. www.reuters.com/business/hea...

Factory expectations for NY State (Empire Manufacturing) is at full blown crisis levels. Record low expectations for shipments and orders growth and inflation expectations are soaring.

And ... now this: Senate Republicans have now confirmed that they will try to enact $1.5 trillion (with a "t") in tax cuts, benefitting billionaires and threatening health care for 80 million Americans www.cbo.gov/system/files...

Note how he’s justifying tax cuts for billionaires and gutting programs like Medicaid to pay for his tariff chaos.

NEW AD: With Tax Day right around the corner, Republicans in Congress are trying to pass massive tax breaks for billionaires — and stick you with the bill. Call 202-224-3121 to tell Congress: NO tax breaks for billionaires on the backs of working families.

The Trump administration is attacking unions' right to collective bargaining. Liz Shuler, president of the largest federation of unions in the country, explains why this should matter to all of us.

When your parents or friends or even you have trouble getting what you earned from Social Security, remember that this was the work of President Trump, Elon Musk, and a big ugly chainsaw that this Congress, led by Republicans, has empowered. www.washingtonpost.com/politics/202...

Golfing … while the rest of America worries about whether the economy can weather the storm of Musk’s chainsaw, Republican tax cuts for the rich, and chaotic tariffs without a clear economic plan.

OPINION by @hboushey.bsky.social: “All of this is a distraction from the fleecing of America by giving $4.6 trillion in tax cuts to the wealthiest and letting Elon Musk take a chainsaw to the U.S. government.“ READ MORE: www.msnbc.com/opinion/msnb...

Cory Booker Just Gave The Longest Speech In The History of The US Senate talkingpointsmemo.com/news/cory-bo...

American democracy can't shelter in place. Sara Nelson @flyingwithsara.bsky.social on how solidarity can save us, @harvardkennedy.bsky.social, along Fmr. Secretary Julie Su and @uaw.org's Shawn Fain.

"We both know that we have to build community and power in order to get justice for the [working class] families that we came from" says Teresa Ghilarducci during a roundtable conversation with Heather Boushey @hboushey.bsky.social

Well, they lied. Obviously.

For four years, we invested public resources in sectors that matter--catalyzing a trillion in private investment--made sure workers got their fair share, and that the rules were fair for all actors. Turns out, chaos and "all for me & none for thee" is a shitty economic agenda. #trickledownfailsagain

The fleecing of America continues. As you get ready for tax season, consider that Pres. Trump has empowered Elon Musk to ensure that the billionaires (and millionaires) don't get caught if they don't pay their fair share -- leaving the rest of us paying more. www.washingtonpost.com/business/202...

Social Security is in turmoil *because* President Trump gave Elon Musk the job of taking a chainsaw to the federal government. This wasn't an accident. It wasn't happenstance.

It should be on the headline that President Trump assigned Elon Musk the job of cutting staff for Social Security. They broke it. With Elon’s chainsaw. www.washingtonpost.com/politics/202...

Yikes, the President may get the economy he wants. Consumer confidence has plummeted, falling 4 months in a row. The 6-month outlook hasn't been this bleak in over 12 yrs and is at a level that tends to indicate a recession coming. You broke it, you own it. www.conference-board.org/topics/consu...

in what way is this supposed to be a hoax? The White House has acknowledged the chat was real

"The Signal app is not approved by the government for sharing classified information."

But his group chats.

But her emails

From an operational security perspective, this is the highest level of fuckup imaginable. These people cannot keep America safe.

Circling back on this…

The NATIONAL SECURITY ADVISER added the EDITOR OF THE ATLANTIC to a PRINCIPALS COMMITTEE TEXT CHAIN set up for the DEFENSE SECRETARY about PLANNED MILITARY STRIKES. Here's a thread of involved parties talking about the need for secure communications (when Dems are involved):

But her emails. www.nytimes.com/live/2025/03...

Amid news stories about Elon Musk creating chaos and harm for America's veterans, and friend's reports that he's banned nicknames for federal workers (yes, no nicknames!), here's something that lifted my spirits--a super cool map of clean energy. www.nytimes.com/interactive/...

Not-so-great news: The share of folks indicating that they think unemployment will go up is ... going up. The President inherited a strong economy and now folks are worried that it's moving in the wrong direction. You break it, you own it. h/t @axios.com @emilypeck.bsky.social

The Trump administration just shut down a food safety committee to prevent bacteria in baby formula. They are also threatening to fire employees who prevent deli meat from being infected with Listeria and applesauce from being laced with lead.

More evidence that the Republican Budget Plan is a plan to fleece America. Most -- 70% -- of the tax bill’s benefits go to the richest 5% while COSTS GO UP for the bottom 40% of Americans. (And that's on top of DOGE dismantling of your Mom's ability to call Social Security about her benefits.)

Putting kids in a free pre-K program "raises parents’ average earnings by $5,461 per year, or 21.7 percent, during the one- or two-year period when the child is of pre-kindergarten age. ... Parents’ earnings remain higher for at least the next six years."

Just reading the Saturday paper … www.nytimes.com/2025/03/14/t...

Excellent “Big Read” in today’s @financialtimes.com Chaos and mismanagement are not a good economic strategy.

Seniors came to JD Vance's event to demand the Trump Administration stop cutting Social Security. JD's response: "Don't you all have jobs?"

Abdication of a commitment to America’s working people.

Yikes! People are swiftly losing confidence in this economy. www.nytimes.com/2025/03/14/b...

Man taking chainsaw to the federal government -- the same gov't that helped him build his companies -- now complains that the new regime's policy isn't quite working out for him. Really? www.ft.com/content/6052...

New Quinniac poll: If there's a shutdown... 32% blame Dems 31% blame Republicans 22% blame Trump That's a majority blaming Trump and/or the GOP. Hang tough, Dems.

Cutting phone service will make it hard--if not impossible--for your Mom or Dad to access their Social Security benefits. Musk, Trump, & Republicans are doing this so they can give more tax handouts to their billionaire donors and giant corporations. www.washingtonpost.com/politics/202...

So dumb. Child care helps people get to work and do their best.

musk illegally seized control of the treasury and now wants to end social security and medicare and plunge tens of millions of americans into destitution so that we won’t go “bankrupt,” a thing that practically-speaking can’t happen

Elon Musk claims there is massive fraud in Social Security. Our Management Science paper from a 50,000-person field experiment tells a different story: Most underreported wages aren’t fraud—they’re due to complex rules and reporting barriers.

Chaotic tariffs, MASSIVE tax cuts for the rich ... I keep coming back to this figure. You want to boost manufacturing and create good jobs? We showed how to do that -- invest in America, empower workers, and shape markets to be fair & competitive so innovative & small/medium biz can thrive.

Under the Biden Administration, investment in manufacturing facilities *more than doubled* and was at a *record high*. Meanwhile, manufacturing investment fell under the Trump I--excluding the Covid recession, manufacturing investment shrank by 2.9% annually.

Re-upping this here in case anyone is confused about (1) what a good economy looks like; and (2) what leads to more private investment and job growth: (a) a coherent industrial strategy or (b) chaotic mismanagement and chainsaw economics (hint: it's not b!) x.com/hboushey46/s...

We left him a solid economy. Sheesh he’s tanking it fast.

Boom