"GOP Sen Cynthia Lummis:

“We had🚨in Wyoming record distributions of Meals on Wheels…So I’m worried. I’ll admit it”

“Golden age”
-Rs against Trump

She, as all Republican MOC, have been ecstatic about their #BBB, that caused hunger across America. They cut #SNAP, farm & food programs, senior services...‼️
#MealsOnWheels #Hunger #Austerity #Inflation #Stagflation #Economy #Republicans #USPol

"US Mar PPI inflation🚨rises to 4.0%, its highest since Feb 2023.

Core PPI inflation was unchanged, at 3.8%, also the highest since Feb 2023.

We're now🚨officially seeing inflation metrics in the US that're at 4% or higher.

#Inflation is back."
-Kobeissi L

"IMF🚨WARNS A SEVERE SCENARIO COULD PUSH GLOBAL GROWTH DOWN TO 2.0%, NEAR #RECESSION LEVELS

SEVERE SCENARIO🚨ASSUMES #OIL AT $110 IN 2026 & $125 IN 2027, VS $82 BASELINE"
-Mkt News F
#Economy #Stagflation #Tariffs #MayDayGeneralStrike #USPol

Watching The Business on the ABC and…
I have to ask a few questions:

WIth so many neo-liberal economists taking up #Stagflation, #Inflation and #CashRate increases whether or not the war on #Iran comes to an end soon - are we looking at a self-fulfilling prophesy? Helped along by businesses raising prices ahead of the curve in a attempt to head off increasing #FossilFuel costs?

No one is talking about how well or otherwise the Australian economy is poised to cushion the predicted global economic shocks (Ie. The penetration of Renewables, rail transport, EVs, HousePV/btty systems, ICE Gas conversions, Fuel stocks and supply lines in Asia, price controls, etc.). Maybe because that’s harder to do than hitting the panic button.

Stock markets and shareholders ought not to be the be-all and end-all of economic life!

There are no hard, written in stone, rules about how to run an economy but for neo-classical (read neoliberal) stranglehold on economic thinking and political will or the lack thereof.

Yee gods help us all…

#Economics
#AusPol

"US Housing Market:

Home Sellers🚨now outnumber Buyers by 630,000, THE LARGEST GAP EVER RECORDED."
-Barchart

What hasn't #Trump destroyed?

The US housing market is still overpriced for most Americans.

"Nearly🚨60% of US Households Unable to Afford a $300K Home."
-NAHB in 2025

#Housing #Consumer #Inflation #Stagflation #Jobs #Unemployment #Austerity #Fascism #Trump #TrumpRegime #Republicans #USPol