steverattner.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

Consumer sentiment rose across both political parties in June — the first increase since Trump took office.

submitted 1 day ago • 6 comments

Unless you’re in the top 10% of earners, Trump’s policies make you poorer: the “big beautiful bill” and Trump’s tariffs will leave the bottom 90% of Americans with fewer resources.

submitted 2 days ago • 2 comments

With interest rates rising since Trump ramped up his trade war, housing affordability has taken a hit as mortgage payments climb. My @morningjoe-msnbc.bsky.social Chart

submitted 2 days ago • 2 comments

With high mortgage prices, the US housing market is at an impasse — there are far more sellers than buyers right now. My @morningjoe-msnbc.bsky.social Chart

submitted 2 days ago • 1 comment

Even though we haven’t seen major problems in the hard data, surveys portend an economic slowdown: an increasing share of Americans think jobs are hard to get. My @morningjoe-msnbc.bsky.social Chart

submitted 2 days ago • 4 comments

While markets have been relieved by recent economic data readings, we can’t ignore that the labor market has been sluggish for quite some time now. My @morningjoe-msnbc.bsky.social Chart

submitted 2 days ago • 0 comments

The World Bank nearly halved its forecast for US GDP growth in 2025, while Europe saw a smaller slowdown and China may see no effect at all. My @morningjoe-msnbc.bsky.social Chart

submitted 2 days ago • 3 comments

It’s widely expected that Trump’s trade war will raise prices, but we haven’t seen much of an effect in the data yet. My @morningjoe-msnbc.bsky.social Chart

submitted 2 days ago • 4 comments

US crude oil production is expected to drop in 2026 — a far cry from drill baby drill.

submitted 3 days ago • 0 comments

Inflation remained essentially unchanged in May, at 2.4%.

submitted 3 days ago • 4 comments

Trump is spending $134 million to needlessly deploy troops to LA and $45 million to throw himself a birthday military parade — he seems to think the US military is a toy for his amusement, funded by American taxpayers.

submitted 4 days ago • 129 comments

Despite relatively moderate jobs data, Americans don’t feel good about the labor market — they’re not much more optimistic about their ability to find a job in 3 months than they were during covid.

submitted 5 days ago • 1 comment

If Trump really wants to improve the American economy, he’s got to bring some economic sense to his ideas about manufacturing. More in my latest for @nytopinion.nytimes.com www.nytimes.com/2025/06/06/o...

submitted 8 days ago • 3 comments

Congress is WEEKS away from kicking more than 10 million people off their health insurance via $1 trillion in health care cuts. It passed the House and is now in the Senate - which is planning to vote in a few weeks. Then back to the House to be re-passed. We have only a few weeks to stop this.

submitted 8 days ago • 11 comments

Trump’s quest to ‘bring back’ American manufacturing isn’t going to make Americans better off. In my latest for @nytopinion.nytimes.com , I explain why. www.nytimes.com/2025/06/06/o...

submitted 8 days ago • 1 comment

America can have a robust manufacturing industry, but it’s never going to look like it did in decades past — and that’s okay. More in my latest for @nytopinion.nytimes.com www.nytimes.com/2025/06/06/o...

submitted 8 days ago • 9 comments

In my latest for @nytopinion, I explain why Trump’s plan to revive American manufacturing is incoherent and misguided. www.nytimes.com/2025/06/06/o...

submitted 8 days ago • 29 comments

Unemployment remained at 4.2% for the third month in a row in May.

submitted 8 days ago • 9 comments

US payrolls growth dropped to 139K in May.

submitted 8 days ago • 23 comments

Trump is closing a major airport to accommodate a military parade for his birthday – the parade is estimated to cost as much as $45 million. This coming from the president who said little girls are fine with 2 dolls not 30. www.washingtonpost.com/business/202...

submitted 9 days ago • 99 comments

It’s surprising that someone whose businesses depend so heavily on government support would choose to pick a fight with a famously vindictive president.

submitted 9 days ago • 15 comments

When it comes to the debt, the GOP needs to learn that tax cuts are just as irresponsible as spending increases. My @morningjoe-msnbc.bsky.social Chart

submitted 10 days ago • 15 comments

Trump promised a lot of tax cuts, but Congress, like Musk, couldn’t find enough to cut. My @morningjoe-msnbc.bsky.social Chart

submitted 10 days ago • 1 comment

The House bill is sending America deep into the red in the long term for the short-term political gain of pandering tax cuts. My @morningjoe-msnbc.bsky.social Chart

submitted 10 days ago • 2 comments

The House bill adds more to deficits than any recent major legislation — even covid stimulus. My @morningjoe-msnbc.bsky.social Chart

submitted 10 days ago • 7 comments

We’re already on track for the national debt to soar further above our GDP. The House bill is just going to make that problem worse. My @morningjoe-msnbc.bsky.social Chart

submitted 10 days ago • 2 comments

The budget bill passed by the house would increase deficits (and debt) by at least $2.4T over 10 years. That is, indeed, outrageous. My @morningjoe-msnbc.bsky.social Chart

submitted 10 days ago • 6 comments

As of April, there was about one unemployed job seeker for every job opening in the US economy.

submitted 11 days ago • 4 comments

Quits, layoffs, and hires all remain below pre-pandemic levels, reflecting a relatively static labor market.

submitted 11 days ago • 0 comments

Job openings rose to 7.3M in April, slightly higher than expected.

submitted 11 days ago • 1 comment

Five years after the death of George Floyd, tragically, killings by police have increased instead of dropped.

submitted 22 days ago • 13 comments

A 2022 study found that ¼ of unicorn companies in the US had a founder that first came to the US as an international student. Deterring world-class talent from coming to the US and building things here is a great way to kill America’s economic edge. www.nytimes.com/2025/05/22/u...

submitted 23 days ago • 3 comments

The top holder of $TRUMP coin faced SEC charges for market manipulation, and was avoiding coming to the US for fear of arrest. Now his lawsuit is paused and he’s invited to a VIP dinner with Trump. This guy is bribing the President in plain sight. www.wsj.com/finance/curr...

submitted 23 days ago • 22 comments

We’re well over “yippy” (Trump’s golf phrase for when markets wobbled) treasury yield levels.

submitted 23 days ago • 4 comments

The GOP Medicaid cuts will leave 8.6 million more Americans uninsured by 2034. My @morningjoe-msnbc.bsky.social Chart

submitted 23 days ago • 6 comments

The House Budget employs a slew of policies to force Americans off Medicaid, with work requirements having the largest effect. My @morningjoe-msnbc.bsky.social Chart

submitted 23 days ago • 5 comments

Massively cutting Medicaid and SNAP isn’t the only way to find savings. We could just forgo tax cuts for Americans making over $500K instead. My @morningjoe-msnbc.bsky.social Chart

submitted 23 days ago • 13 comments

The GOP is (partially) offsetting regressive tax cuts with regressive spending cuts. The result is a $10,000 income gain for Americans in the top 20% and a $800 loss for those at the bottom. My @morningjoe-msnbc.bsky.social Chart

submitted 23 days ago • 5 comments

The House budget is set to increase deficits by at least $3.1 trillion (14%) over 10 years – and probably much more. That’ll be another unnecessary hit to America’s economic credibility. My @morningjoe-msnbc.bsky.social Chart

submitted 23 days ago • 6 comments

The House bill doles out a laundry list of tax cuts, only partially offset by brutal cuts to Medicaid & IRA green incentives. My @morningjoe-msnbc.bsky.social Chart

submitted 23 days ago • 3 comments

Trump keeps saying that taxes will increase by 68% if the GOP bill doesn’t pass, but that number’s far from any realistic scenario. Does anyone know how he ended up with 68%, or was it just pulled out of thin air?

submitted 25 days ago • 9 comments

Inflation expectations continued to increase in May, reaching 7.3%.

submitted 29 days ago • 5 comments

Despite an easing trade war, consumer sentiment continued to drop in May, with a noticeable dip among Republicans.

submitted 29 days ago • 3 comments

Trump supporters should be asking their GOP representatives why the elimination of carried interest didn’t make it into the House bill. It’s Trump-backed and would help pay for the massive tax cuts.

submitted 30 days ago • 3 comments

Increasing the debt by over $3 trillion to pay for a tax plan that disproportionately serves the wealthy is a bad deal for the American people.

submitted 30 days ago • 6 comments

Among the more obscure features of the House bill is the repeal of tanning salon taxes. Can’t get more MAGA than that.

submitted 30 days ago • 10 comments

Glad to find some common ground with RFK jr: we both agree people shouldn’t be taking medical advice from him.

submitted 30 days ago • 15 comments

The American healthcare system is expensive, but it also gives patients more options — more new drugs hit the market in the US than in any other major country. My @morningjoe-msnbc.bsky.social Chart

submitted 30 days ago • 5 comments

One reason why drug prices have been increasing is that new drug approvals have gone up, and new drugs are more expensive. My @morningjoe-msnbc.bsky.social Chart

submitted 30 days ago • 4 comments

Even though American drug prices are high, according to the market, the companies aren’t exactly walking away with a steal. Excluding GLP-1 manufacturers, pharma stocks underperform the S&P. My @morningjoe-msnbc.bsky.social Chart

submitted 30 days ago • 0 comments