Trump's economy is not looking very good these days cepr.net/publications... real spending on restaurants has declined at almost a 5.0% annual rate since he took office. That doesn't indicate people are feeling good about the economy.
Universal free public schools have done so much to enrich America in every sense of that word. The Trump administration is attacking our schools in myriad ways. We can’t allow this.
The total amount of tax cuts for households that make over $1 million each year is actually roughly *double* the total tax cuts for the entire bottom half of America combined.
Graph showing percent of people without health insurance. Under GOP plan, we’d go l from 8% to 12%.
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.
Bar chart titled "Billionaire Spending in Presidential Elections," showing a significant increase in spending from $18 million in 2000 to $2.6 billion in 2024. Data sourced from Americans for Tax Reforms, with bars marking expenditures for each election year.
The Trump-Musk fallout is just the surface.
Behind it is a dangerous reality: billionaires shaping government to their will, backed by record wealth accumulation.
In a new blog, @bilalb.bsky.social explains why billionaire power puts democracy at risk. rooseveltforward.org/2025/06/06/t...
FWIW, we are not going to be able to limit the right's speech, the answer is to increase the speech of everyone else. Here's my story www.thenation.com/article/soci...
we need a new funding mechanism that doesn't depend on the goodwill of billionaires cepr.net/health-insur... Also, Section 230 reform for Musk and Zuckerberg www.cepr.net/section-230-...
House GOP urging Pres Elect Trump to end free tax filing program, Direct File on day one subscriber.politicopro.com/article/2024... (paywall, sorry)
Quote graphic with an excerpt from Elizabeth Wilkins being named the next President and CEO of the Roosevelt Institute.
We are thrilled to welcome @elizabethwwilkins.bsky.social as Roosevelt’s next president and CEO. 🎉
Her accomplished leadership in organizing, law & government service make her the right leader to champion Roosevelt’s vision of a better economy & democracy. rooseveltinstitute.org/press-releas...
We tend to focus our ire on health insurance companies but hospitals, labs, pharmaceutical companies and, yes, doctors are all trying to make a profit. Medicare for all would mean the government using monopsony power to push prices down. That means doctors' pay too.
www.vox.com/policy/39003...
Well done to the excellent lawyers at Bredhoff for this bright spot.
This is a great thread. I would add that state and local governments can't just deficit finance a mountain of climate "carrots," so if anything useful is going to happen in the next 4 years it will have to include regs and/or taxes
Right on schedule, consumer sentiment shifts, with the largest changes among Republicans
Trump is inheriting exceptionally strong economic conditions and the narrative may (incorrectly) become that he rescued the economy
www.wsj.com/economy/cons...
Democrats who supported Lina Khan and Jonathan Kanter say it won’t be easy for the Trump admin to entirely abandon their approach to antitrust enforcement bc Biden’s team popularized the issue, making it part of the wider debate about inequality and corporate power.
www.wsj.com/us-news/law/...
NEW: GOP lawmakers, Trump allies look at changes to Medicaid, food stamps to offset cost of tax bill
Including work requirements, benefit formula changes, new eligibility restrictions
Tax bill could cost $3-5 trillion
www.washingtonpost.com/business/202...
Just landed here so might as well start off with high value memes
