Good that energy price inflation is at an all time low.
Wait, huh. Youβre telling me energy is more expensive this week? Why?
Iβve been busy re-watching all 12 seasons of JUST SHOOT ME, I suppose I have to catch up with the news now.
@siamesecats
Disabled American. Lover of cats, cooking and Democrats. Be sure to both REPORT trolls and nominate them for blocklists. Don't know what a blocklist is? See my pinned post thread - you'll love them! DMs are turned off.
Good that energy price inflation is at an all time low.
Wait, huh. Youβre telling me energy is more expensive this week? Why?
Iβve been busy re-watching all 12 seasons of JUST SHOOT ME, I suppose I have to catch up with the news now.
New in PN: "At a time when itβs tempting to believe nothing matters, Noem's ouster provides reassurance there still can be consequences for abusing power, harming people, and corrupt self-dealing."
Does the Iran War mean a recession in the US?
A 70βs style stagflation on its way with another Middle East crisis driving up inflation
So James O'Keefe has been having people go on dates with low-level federal employees in order to get them on video saying bad things about Trump's administration so he can harass them and/or get them fired.
www.npr.org/2026/03/04/n...
Trump on rising gas prices during Iran operation: 'If they rise, they rise.' Trump is reconciled to the inevitability of a spike in oil and gas prices. www.reuters.com/business/ene...
The U.S. economy has lost jobs since "Liberation Day."
Iranβs Deputy FM Dr. Saeed Khatibzadeh: βTrump wants leadership change in Iran β he canβt even appoint the mayor of New York.β
At the same time the Administration is helping Russia in Ukraine.
www.washingtonpost.com/national-sec...
I get a lot of questions these days about data from BLS and other agencies. Some of this is about fears of political interference. Some of it is about the reliability of the data, especially in light of recent big revisions. In a story today, I tried to tackle both.
www.nytimes.com/2026/03/06/b...
βUkrainian defense is proving to be durable and itβs the Russian offensive thatβs struggling. The way to end this war is not to rescue Putin from a failing campaign, but to help Ukraine make it fail faster.β
www.washingtonpost.com/opinions/202...
This is not good.
trump is doing everything in his power to make the midterms as bad as possible for the gop
U.S. payroll employment FELL by 92,000 jobs in February and the unemployment rate ticked up to 4.4 percent.
Data: www.bls.gov/news.release...
Live coverage: www.nytimes.com/live/2026/03... #NumberDay
Cool then we donβt need to pass a $50 billion emergency supplemental to enrich these guys to feed Trumpβs insatiable war machine since he already has everything he needs.
The economic story just changed dramatically.
Payrolls fell -92k in Feb. Jan growth was revised down by -4k to +126k. And Dec revisions subtracted -64k to -17k.
Unemployment rate up a tick to 4.4%.
Recession questions are back on the menu
Prior to the new Gulf War, our economy was slowing, inflation rising, our fiscal condition deteriorating.
Now we are going to prices rise further, the economy slow further, our fiscal condition worsen. All of this makes what Trump is doing in the Middle East look far more reckless.
The second question is harder. We've had some big revisions recently, including another big downward benchmark revision to payrolls. I think it's reasonable for people to question the value of a report that can't reliably distinguish a healthy gain from an outright loss.
If you were following the monthly numbers last year, you understood that job growth was slowing (and approaching zero late in the year), but that unemployment remained low, a "low-hire, low-fire" stasis. That basic narrative has not changed.
More in my story today. Oh, and happy #jobsday!
www.nytimes.com/2026/03/06/b...
Thereβs the two-year breakeven.
Up nine straight days.
(via Boockvar)
Iranβs Deputy FM Dr. Saeed Khatibzadeh: βTrump wants leadership change in Iran β he canβt even appoint the mayor of New York.β
WaPo: "Russia is providing Iran with targeting information to attack American forces in the Middle East, the first indication that another major U.S. adversary is participating β even indirectly β in the war."
BOOCKVAR: β.. itβs now time to be watching fertilizer and row crop prices,β as 15-30% of fertilizers flow thru the Strait of Hormuz. β.. understand too that we are just weeks away from the beginning of the important planting season.β
Essential reading for legal scholars. Yale heavyweights Harold Hongju Koh, Bruce Swartz, Avi Gupta and Brady Worthington look at the legal fight between Anthropic and Hegseth and conclude that Hegseth has staked out a legal position that's a sure-fired loser. www.justsecurity.org/133247/anthr...
Over 97% of more than 35,000 comments sent to the National Capital Planning Commission are critical of the ballroom project.
www.washingtonpost.com/politics/202...
Iβll leave for later why reporters didnβt fact-check - thereβs an ugly story there too. But the urgent issue is, Platner would be crushed in the general. It's best to lance the boil now. Hereβs the document, sourced and Wikipedia-ready. You should read it. The NRSC sure will. 11/
Just imagine what Collins can do with this. Of course DoD would FedEx her Platnerβs service record the moment she asked. Imagine the ads she can make, mocking his little-boy lies and excuses. NRSC staffers have been following this account, like sharks. 10/