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Michael Negron

@mnegron01

Senior Fellow @americanprogress.bsky.social Former econ policy for Biden-Harris WH. Chicago born and raised. Angry NBA fan. Hates brain tumors

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19.11.2024
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Latest posts by Michael Negron @mnegron01

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Treasury Secretary Bessent in complete bs mode here in the @nypost.com about tariffs. I tried to spell out how the Trump admin is just continuing the costly tariff roller coaster for businesses and consumers

nypost.com/2026/03/04/b...

04.03.2026 21:08 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

β€œIt’s like another, big tax cut” - Donald Trump

25.02.2026 02:59 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Fact checkers tonight and we aren’t even halfway done

25.02.2026 02:53 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Who Is Paying for the 2025 U.S. Tariffs? - Liberty Street Economics Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 to 13 percent. In this blog post, we ask how much of the tariffs were paid by the U.S., using import data through No...

Trump continues to lie about his tariffs. American consumers and businesses pay these taxes libertystreeteconomics.newyorkfed.org/2026/02/who-...

25.02.2026 02:46 πŸ‘ 6 πŸ” 4 πŸ’¬ 0 πŸ“Œ 0

Trump talking about his now invalidated, illegal tariffs. Cool cool cool. Where are the refunds?

25.02.2026 02:43 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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It’s a turnaround for the ages all right, for manufacturing jobs!

25.02.2026 02:17 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Affordability ideas with lots of open questions about whether they’d work or if he’d even follow through (got some help with Grok with the image!)

25.02.2026 02:01 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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A doubling down on tariffs, despite the loss of more than 100K manufacturing jobs since Trump took office
www.instagram.com/p/DUn3tkpjCQp/

25.02.2026 02:01 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
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Some things that me and my colleagues at @americanprogress.bsky.social are watching for tonight at the SOTU:

- Exaggerated claims about an economy that added only 181K jobs in 2025, the worst non-recession year in the last 20 years
x.com/byheatherlon... (1/3)

25.02.2026 02:01 πŸ‘ 17 πŸ” 7 πŸ’¬ 1 πŸ“Œ 0
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When people lose health coverage, they don’t stop needing care. @mnegron01.bsky.social explains that higher Affordable Care Act premiums would increase emergency care in places like Yuma County, putting rural hospitals under financial strain and threatening access to care for families.

31.12.2025 18:53 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Build, Baby, Build: A Plan To Lower Housing Costs for All CAP’s plan would focus federal efforts on building homes and lower housing costs.

Millions of renters are facing unaffordable, rising rents while homeownership slips further out of reach.

@mnegron01.bsky.social & co-authors lay out a bold plan to lower housing costs, accelerate construction, & close the nation’s 2 mil-unit housing gap. www.americanprogress.org/article/buil...

20.11.2025 16:49 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Build, Baby, Build: A Plan To Lower Housing Costs for All CAP’s plan would focus federal efforts on building homes and lower housing costs.

If we want healthier communities, we need affordable #housing options ASAP.

Build, Baby, Build: AΒ Plan To Lower Housing Costs for All www.americanprogress.org/article/buil... by @jaredb-econ.bsky.social @mnegron01.bsky.social @natalie-m-baker.bsky.social via @americanprogress.bsky.social

19.11.2025 00:31 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Families with Affordable Care Act plans are seeing their premiums skyrocket just as prices are rising on groceries, rent, and other essentials.

@mnegron01.bsky.social says 290,000 people in Washington alone rely on these credits to afford coverage, including small business owners.

04.11.2025 15:37 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Small businesses are paying the price for Trump’s trade warβ€”cutting salaries and production after being hit with thousands in unexpected tariffs.

β€œWe are seeing the impacts in terms of the economy slowing down,” @mnegron01.bsky.social told WUSA-TV, with prices only set to rise further.

29.09.2025 22:37 πŸ‘ 3 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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8 Ways Trump’s Turbulence Tax Is Costing the Economy President Trump’s erratic tariffs and other policies are already affecting consumers’ cost of living and costing businesses real money.

Trump’s β€œturbulence tax” is real. Businesses are slashing hiring, investment is down 14%, and workers are paying the price.

@mnegron01.bsky.social from @americanprogress.bsky.social has been tallying the damage: higher prices, stalled paychecks, and decades of lost opportunity.

24.09.2025 22:46 πŸ‘ 6 πŸ” 4 πŸ’¬ 0 πŸ“Œ 0

The President’s erratic tariffs and policies are imposing a β€œTrump Turbulence Tax” hitting families with $2,400 in annual costs and small business importers with an avg of $90K in tariffs just from April-July. My @americanprogress.bsky.social report today breaks down 8 ways this is costing real $

03.09.2025 14:53 πŸ‘ 5 πŸ” 5 πŸ’¬ 0 πŸ“Œ 0
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Restaurants in Washington D.C. are feeling the impact of the Trump administration’s overreach, with reservations down nearly 25%.

As expert @mnegron01.bsky.social points out, many may avoid the district altogether, adding pressure on families and businesses already struggling to get by.

29.08.2025 14:34 πŸ‘ 3 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0

After getting slammed with tariffs, DC restaurants are reeling from reduced foot traffic due to President Trump’s attempted militarization of city law enforcement. Spoke about it with Molly Martinez of @graydcbureau.bsky.social

21.08.2025 14:20 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Trump's federal takeover of D.C. is creating uncertainty for businesses.

@mnegron01.bsky.social points to the impacts of past deployments, like the National Guard in Los Angeles: reduced workforce attendance, fewer people coming into the city, and billions in lost economic activity.

21.08.2025 13:15 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Trump’s chaotic tariff policies are hitting back-to-school budgets hard, with parents expected to spend over $600 per child on average.

On @scrippsnews.bsky.social, @mnegron01.bsky.social urges parents to shop early to avoid price hikes, especially on shoes and clothes, which could spike up to 40%.

14.08.2025 12:41 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
NRF | Back-to-School Season Begins Early for Majority of Shoppers Two-thirds of back-to-school shoppers had already begun purchasing items for the upcoming school year as of early July, according to the annual survey released by NRF and Prosper Insights & Analytics.

Here is the National Retail Federation survey: nrf.com/media-center...

04.08.2025 19:22 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Parents brace for sticker shock as back-to-school costs soar The average price that parents are expected to spend per student on back to school supplies this year is over $600 this year. That's why experts recommend shopping early to get the best deals.

More parents than ever are shopping for school early this year, a perfectly rational strategy in response to the irrational tariff policies pursued by President Trump. Talked to @scrippsnews.bsky.social today about it: www.scrippsnews.com/us-news/pare...

04.08.2025 19:22 πŸ‘ 2 πŸ” 1 πŸ’¬ 1 πŸ“Œ 0
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β€œThe president and Republicans are dictating belt-tightening at the expense of working and poor Americans to help pay for tax cuts for the wealthiest."

πŸŽ™οΈ @mnegron01.bsky.social unpacks Trump's economic policies on @brogressivepodcast.com: www.youtube.com/watch?v=hj5k...

27.06.2025 13:58 πŸ‘ 2 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0
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Trump pledged not to cut Medicare β€” but his budget bill does just that The GOP megabill now under Senate consideration threatens healthcare insurance for more than 1 million seniors who rely on Medicare.

Trump promised to protect Medicare, but his budget proposal does the opposite, threatening the health insurance for more than 1M seniors. My @americanprogress.bsky.social colleague @andreaducas.bsky.social
explains at @marketwatch.com : www.marketwatch.com/story/trump-...

18.06.2025 13:41 πŸ‘ 0 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0

Joined @scrippsnews.bsky.social this afternoon to talk about the Saturday military parade in DC that Trump ordered for his birthday and how it represents the President’s misplaced priorities

13.06.2025 20:54 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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State Estimates of Increases in Homeowner and Small-Business Borrowing Costs Under the One Big Beautiful Bill Act The β€œbig, beautiful bill” passed by House Republicans in reconciliation is expected to significantly increase U.S. government debt, driving up interest rates for borrowersβ€”including families taking ou...

Trump’s erratic leadership and fiscal irresponsibility will hurt families and small biz, incl by raising interest rates.

New from @americanprogress.bsky.social w/ state by state impact on mortgage and small biz loan bills of Rs big bill to cut benefits for millions to fund tax cuts for the few

03.06.2025 16:15 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Despite the initial court rulings and TACO retreat on Trump’s China tariffs last month, shoppers are already seeing price increases at Walmart and Target.

We are seeing a real premium being paid for Trump’s erratic moves on the economy.

t.co/QZjUDftsJu

02.06.2025 11:23 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Locally Owned Small Businesses: Optimism dropping among small business owners The National Federation of Independent Businesses reports that optimism is declining among small business owners.New data show confidence dropped for the fourth

Small business optimism dropped for the 4th straight month, with capital investment hitting pandemic-era lows.

@mnegron01.bsky.social says that constant changes to tariffsβ€”over 50 since Trump took officeβ€”are making it impossible for businesses to plan. news3lv.com/news/videos/...

30.05.2025 20:54 πŸ‘ 2 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0
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Trump's Tariff Terror and the Small Business Squeeze - Civic Media Maggie unpacks the chaos unleashed by “Trump’s Tariff Terror.” She’s joined by Michael Negron, former special assistant to President Biden, to explore how this economic whiplash is paralyzing sm...

Enjoyed spending some time with @maggiedaunshow.bsky.social yesterday to talk the Art of the TACO and how tariffs are hurting small biz civicmedia.us/shows/maggie...

29.05.2025 16:57 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 1
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Great news for the TACO traders but outlook still very cloudy for small business owners trying to plan www.politico.com/news/2025/05...

28.05.2025 23:26 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0