Wednesday, March 4, 2026

Ukrainian forces liberate 9 eastern settlements as Russian troops face Starlink disruptions -- What to do if you spot an Iranian Shahed drone -- At least 337 Ukrainian POWs brutally executed by Russia -- To confront Iran, US must also confront Russia ... and more

https://activitypub.writeworks.uk/2026/03/wednesday-march-4-2026/

The NFIB Small Business Optimism Index dipped to 98.2 in October, remaining above its long-term average, while the Uncertainty Index fell to its lowest level this year, highlighting persistent labor shortages and modest declines in sales and profits among U.S. small businesses.
#YonhapInfomax #NFIB #SmallBusiness #OptimismIndex #UncertaintyIndex #LaborShortages #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90326

Italy's right-wing government unveils new work permit plan to address labor shortages http://newsfeed.facilit8.network/TP31zn #Italy #WorkPermit #LaborShortages #RightWingGovernment #EconomicMigration

Part 2, #GaryStevenson explains why Donald #Trump’s economic plans—focused on #tariffs and #immigration restrictions—will fail. While these policies sound “#AmericaFirst,” #Stevenson explains why they are unlikely to be fully implemented, and if they are, they could backfire on working #Americans.

The Immigration Illusion

#Trump vows to cut immigration, but key industries like #agriculture, #FoodService, and low-wage #jobs depend on #migrant workers. The #UK’s #Conservatives made similar promises but ended up increasing immigration to keep the economy running. Without a workforce to replace #migrants, the U.S. will face #LaborShortages, higher costs, and economic disruptions.

The #Tariff Trap

History shows #tariffs can work—but only when applied strategically. Countries like #Japan and #SouthKorea successfully protected industries, but broad, untargeted tariffs raise #consumer prices. If the U.S. lacks the domestic industries to replace imports, tariffs will cause inflation and reduce purchasing power, hitting working-class Americans the hardest.

The Real Threat: #TaxCutsfortheRich

One policy Trump will implement is massive tax cuts for the wealthy, just like in his first term. #Billionaires like Elon #Musk and Trump’s financial backers will benefit, while spending cuts will offset lost revenue, leading to job losses and reduced services. Even if taxes on workers don’t rise, their cost of living will.

Why It All Fails

#Trump ignores the core issue—rising inequality. His tax cuts, flawed tariffs, and unrealistic immigration plans will worsen economic conditions for most Americans while benefiting the ultra-rich. No matter who wins, the #economy fails for the majority.

#Economics #Politics #Inequality #WealthInequality #FinancialCrisis #CostOfLiving #RichGetRicher #TaxTheRich #WealthDistribution #GlobalEconomy #USPolitics #Tariffs #ImmigrationPolicy #GovernmentFailure #PoliticalEconomy #TrumpEconomy

Gary's YouTube - https://rb.gy/gi9yzk