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peekabruner.bsky.social
Michigan
741 posts 313 followers 494 following
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Most drivers of inflation lead to higher prices and eventually wages catch up. But tariff-induced inflation is different: Prices rise, but there's no reason to expect wages to catch up. They hurt your purchasing power in an enduring sense.

you’re fired. wait you’re rehired. email us a list of things you’ve done today wait forget it you’re fired again. come back your job was important. you’re fired. or hired. come in to the office. wait the office has no computers go home. we are the department of government efficiency.

Ready for a hectic 36 hours, including ... The outcome of the ECB policy meeting, Remarks from US Secretary Scott Bessent, Lots of Fedspeak, including from Chair Jerome Powell, The US jobs reports, and An additional set of interesting data releases out of Europe and the US? #economy #markets

stocks.apple.com/AsLWz2_pKS9u...

Have been watching presidential speeches to Congress since JFK and have never seen one from either party that expressed total disinterest in reaching out to the opposition. Lotta speeches gave it lip-service, but Trump didn't even bother with that. nymag.com/intelligence...

Maybe before gutting Medicaid and the Affordable Care Act have something people can afford to buy, with better coverage, and much lower deductibles to replace it with, NOT a concept of a plan.

Funniest moment last night was Trump telling farmers to “have fun” after announcing a new round of tariffs that will be absolutely hose them.

This toxic bullshit needs to be shutdown…👇 Immediately! “We the People” have seen/had enough, haven’t we?! 🤚 It’s. Time. To. Fight. Back. ✨

Rieckhoff: And what I would tell folks is: if they treat veterans like this, if they treat retired generals like this, how do you think they're going to treat everyone else? How do you think they're going to treat you? We are just first.

apple.news/Awi-qTzg6ST2.... HERE IT COMES….

As a thought experiment, I wrote about what Trump ought to do in his big speech to Congress tonight. You know, if he was rational and had control of his ego. nymag.com/intelligence...

As a rule, I hate these presidential speeches to Congress, even if I like the president at the time. But this one was such a complete waste of time. Trump could have just put up a screen and broadcast any of his campaign rallies and served the same purpose. nymag.com/intelligence...

March 5, 2025:

I called Canadian Premiers Doug Ford and Wab Kinew today as we try to find a way through this unnecessary and costly trade war. While the President may not value the partnerships that contribute billions of dollars to our economy, Minnesota does.

March 6, 1946 Happy Birthday to David Gilmour: guitarist, singer and songwriter, who joined Pink Floyd in 1968.

americans who currently consider canada to be an ally/friendly country: 82% canadians who currently consider america to be an ally/friendly country: 33% -yougov

Wu: If you wanted to make us safe, pass gun reforms. Stop cutting medicaid. Stop cutting cancer research. Stop cutting funds for veterans. That is what will make our city safe.

Most important midterms of our lifetimes guys. Guys?

Please share this with people in your life who care about social security!

BREAKING NEWS: Canadian Premier Wab Kinew of Manitoba MOCKS Trump by signing a “beautiful” order that officially removes ALL American liquor from Canadian stores in his province. Donald Trump just caused massive economic damage to our country. How sad and embarrassing.

🔊 Beijing’s rapid progress in silicon technology, embodied in DeepSeek’s cheap model, will challenge US attempts to restrict cutting-edge technology. In this Viewsroom podcast, @Breakingviews columnists debate whether it will destabilize the AI market reut.rs/4bvPiKR

"Love and compassion are necessities, not luxuries. Without them, humanity cannot survive." - Dalai Lama Sweet dreams 🦋

“I want to believe the US will stand by our side, but we have to be ready for that not to be the case” French President Emmanuel Macron speaks to his nation in a televised address

"It was the most shameful moment in American history in at least a century." Make sure Trump's hacks and toadies share some of the blame. There's plenty to go around.

Wait till the White House starts directing the Marshals Service not to protect judges who rule against the Administration. I’d bet good money that’ll happen at some point.

Getting rid of the American workers who take care of American veterans is wrong. Veterans will not take this sitting down - we can make this the newest example of Trump being forced to back down from a bad move.

Transgenic means that genes from 1 organism have been put into another. We make transgenic mice to understand how genes influence biological processes. We make transgenic plants to make them more nutrient rich. We make transgenic bacteria so they make medicine for us. It's wide-ranging & v. useful.

🌪️ 🌧️ ☀️ ⛈️ 🌀

Pretending you’re at Sotheby’s isn’t going to stop fascism.

youtu.be/SHQr98kzT3c?...

stocks.apple.com/A31O32hqiQ9a...

There's one theme that can tie together Ukraine, tariffs and DOGE: Economic chaos, sowing the seeds of uncertainty. And that has me worried for our short-run economic future.

Let me explain why I'm so confident that tariffs will cause higher prices.

I wrote a piece this morning identifying five things Trump ought to do in this speech if he wanted to expand support for his agenda. He did none of them. Au contraire. nymag.com/intelligence...

FACT: Immigrants are our nation's strength! Immigrants make up 17% of all health care workers, 28.2% of physicians, 27% of direct care workers, and a staggering 38% of home health aides. #ProtectImmigrantFamilies #MOMSky

FT Exclusive: The US has cut off intelligence-sharing with Kyiv in a move that could seriously hamper the Ukrainian military’s ability to target Russian forces. www.ft.com/content/c58f...

HE PARDONED THE PEOPLE WHO BEAT OUR CAPITOL POLICE IN HIS NAME.

If Russia wants peace, they should end the invasion.

www.washingtonpost.com/opinions/202...

Trudeau: We’re probably going to keep booing the American anthem. But let me tell Americans, we're not booing you. We're booing a policy that is designed to hurt us.  But we're Canadian. We're going to fight. And we're going to win.

US President Donald Trump has hailed a deal led by US firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal reut.rs/3Xn9VmD

www.vox.com/politics/402...

Markets no longer think Donald Trump is full of bluster and are moving quickly to anticipate a slowdown in US and global growth as he raises a wall of tariffs around the world's biggest economy and trading partners start to respond in kind reut.rs/4bsB3Xa