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thestonedeconomist.bsky.social
Father, Husband, Economist. Firmly committed to improving our social and economic systems.
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Really cool that #BigTech gets a tariff exemption while small businesses across the nation get shafted. #TrumpTariffs

Ah, the #weekend. When the news can’t hurt me anymore.

Trump’s Tariffs: By The Numbers theonion.com/trumps-...

#Democrats are going to keep losing until they start running on a bold economic agenda. FDR didn’t win four terms by being afraid of being called a socialist.

@booker.senate.gov: "For a guy who spends the weekend on his golf course and brags to the media about him winning a tournament while the struggling-- this is the kind of gross arrogance of a Marie Antoinette saying, "let them eat cake" ... Screw him for telling people to accept pain."

Rep. Mike Lawler (R-NY) says it's "not realistic" to rule out cuts to Social Security, Medicare, and Medicaid.

Michigan numbers are brutal. But one amazing thing: Republicans still think Trump will magically end inflation. From Goldman Sachs:

Nobody wins in a #TradeWar, but the U.S. certainly has a lot more to lose.

First they came for the #Immigrants. #Trump #NYTimes www.nytimes.com/2025/04/10/u...

Today would be a great day to ban members of Congress and their families from trading stocks.

The most corrupt administration in American history wants you to look the other way from this. We can't. We need answers.

Today’s #StockMarket selloff is further evidence that the rally yesterday was nothing more than #billionaires profiting off the devastation of peoples’ retirement accounts.

Seems like the markets remembered that the #TrumpTariffs chaos has done long term damage to our economy and global leadership position. #Stocks #Bonds

Absolutely insane that the #GOP had to delay a vote on their budget because it wasn’t austere enough for some of the caucus. We love to see it, though!

Interesting CPI report, as #inflation fell to 2.4% over the year. Tariffs will cause higher prices, but the chaos of the #TrumpTariffs is likely introducing enough uncertainty to cause a pullback in consumption - and therefore inflation.

Word on the street is that Treasury Secretary Scott Bessent got Trump to pause the tariffs because of bond yields. Idk about that, to me it looks like good, old fashioned #kleptocracy. #TrumpTariffs #StockMarket