Affordability crisis
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'Incoherent.' Trump struggles to land economic message with Americans
MSNBC· 2025-11-12 05:27
Time now for money power politics. The elections last week made it clear that voters care about affordability in this country and some would call it an affordability crisis. But the administration, they're not hearing it.I want you to watch what Treasury Secretary Scott Besson said on our air this morning. >> The economy under President Trump's been very resilient and you know, growth has exceeded expectations almost every quarter. We inherited an affordability crisis.We have slowed the price increases down ...
We inherited an affordability crisis: Treasury Secretary says Trump has slowed down price increases
MSNBC· 2025-11-11 14:39
Government Shutdown Impact - The government shutdown had a negative impact on GDP, potentially ranging from 1% to 1.5% [2][3] - The shutdown initially cost \$1 billion to \$2 billion per day, escalating to \$15 billion per week [6] - Concerns arose about potential food shortages due to unpaid food inspectors [6] - Airline executives expressed worries about their businesses due to the shutdown [8] Affordability and Inflation - Affordability remains a significant issue for voters, impacting their ability to afford home heating, food, housing, and cars [9][10] - The administration believes they inherited an affordability crisis and are working to slow price increases and increase real wages [21] - The administration argues that Democrats are using a "con job" to suggest costs are up, despite gasoline prices being down [18][20] - The Treasury Secretary believes tariffs help consumers by bringing down the budget deficit and inflation [26] Economic Outlook and Job Security - The Treasury Secretary highlights the importance of bringing back manufacturing jobs to the US to improve job security [45] - The administration is optimistic about the potential for job growth due to a capex boom [52] - Younger Americans are encouraged to become AI literate to succeed in the job market [51][52] Argentina Bailout (Swap Line) - The US government provided a line of credit to Argentina, described as a swap line, to stabilize the government during an election [35][36] - The US government claims to have already made a profit on this swap line [40][41]
Joe: The affordability crisis isn't a hox; this is something Americans are living every day
MSNBC· 2025-11-11 14:05
Government Shutdown & Legislation - The Senate passed a bill to reopen the government with bipartisan support (52 Republicans, 7 Democrats, and 1 independent), combining spending bills and a stop-gap measure to fund the government through the end of January [1] - The bill reverses mass layoffs and blocks additional firings but does not extend health care subsidies [2] - Speaker Johnson is aiming to clear the legislation in the House, but cannot guarantee a vote [2][3][4] Political Landscape & Midterm Elections - Republicans suffered politically in Virginia due to cuts affecting food assistance and healthcare access, impacting Biden-won districts [7] - Every county in Virginia moved toward the Democrats, indicating concerns about affordability [9] - Some counties that hadn't voted Democratic since LBJ shifted, suggesting a potential negative forecast for Republicans in the midterm elections [12] - The Democratic party is perceived to have won the shutdown, with Trump's disapproval ratings increasing [25] Affordability Crisis & Voter Sentiment - Affordability is a key issue for Americans, impacting their daily lives at grocery stores, gas stations, and doctor's offices [15][16] - There's a sense that something is wrong with the government, with voters feeling disconnected from their representatives [17] - Trump's denial of the affordability crisis as a "con job" is seen as out of touch with voters' realities [20][31] - The House of Representatives has been in session for only 20 days in the last 18 weeks, leading to anger over abdicated responsibility [22]
Mamdani advisor shares key to candidates' success: 'Let them cook'
MSNBC· 2025-11-07 06:52
Political Strategy & Analysis - The Democratic coalition has expanded to include both moderates and socialists [1] - Winning candidates share the characteristic of understanding and addressing the specific issues relevant to their communities [2] - Candidates are aiming to replicate successful strategies for the 2026 midterms [3] - A key strategy involves candidates authentically representing themselves, allowing voters to see themselves reflected in politics [12] - Showing up in unexpected places and engaging with diverse communities is crucial for building broad support [13][15] Campaign Tactics - Focus on affordability as a key issue that resonates with voters, even when public safety is perceived as the top concern [7][8] - Avoid applying the same playbook to every candidate; allow candidates to "cook" and be themselves [10][12] - Showing up in places people didn't expect is important [13] - A "both end strategy" involves campaigning on policies while also pushing back on Trump's broken promises [17][18] - Address the root causes of political issues, such as income inequality, rather than solely focusing on individual figures like Donald Trump [18]
Mamdani ‘ran a historic campaign’ that should be ‘replicated’ across U.S.: Chi Ossé
MSNBC· 2025-11-05 19:30
Zoran Mandami is New York City's next mayor, the first Muslim to lead the city. His campaign leaned into diversity, posting videos of Mandani speaking different languages, eating ethnic food, walking all the streets, it felt like, of five burrows. It absolutely energized young voters and highlights a generational democratic divide.Namdani spoke directly to the working class, riding the bus to debates, making those 3:00 a. m. campaign stops to meet with cab drivers working the night shift, and earlier saying ...
MTG admits prices under Trump ‘have not come down at all,’ says young Americans have ‘no hope’ of buying homes
Yahoo Finance· 2025-10-25 11:45
Core Insights - President Trump's administration is facing challenges in delivering on the campaign promise of making life more affordable, as acknowledged by Rep. Marjorie Taylor Greene [1][2] Affordability Crisis - Ordinary Americans are experiencing a persistent affordability crisis, with the consumer price index rising by 2.9% over the past 12 months, exceeding the Federal Reserve's 2% target [3] - The average effective tariff rate for consumers has reached 18%, with projections indicating that consumers may eventually bear 67% of these tariff costs over time [3][4][5] - Housing costs have increased by 3.6% over the past year, with the house price-to-income ratio at an all-time high, requiring an income of at least $104,000 to afford a median-priced home [3][6] - Wage growth is lagging behind inflation, with a three-month rolling wage growth of 4.1% in August 2025, significantly lower than the 6.7% growth recorded in August 2022 [3][7] - A significant portion of consumers, approximately 83%, are planning to reduce their budgets for non-essential items due to ongoing trade tensions, with younger generations being the most likely to do so [3][8]
NYC mayoral candidate Mamdani's message to Jeffries and Schumer
MSNBC· 2025-10-17 15:11
there is less than 3 weeks. I'm sure you're counting down to go until election day. We know cuz it's sweater weather um for all of us and there are some New York leaders like Chuck Schumer and Hakee Jeff who still have not endorsed you, which frankly I don't understand and I've said many times, but if you're elected mayor without their endorsements, which you are on track to do, how does that affect your working relationship with them.I mean, how how will you approach it. You know, I don't see it as affecti ...
Rep. Wasserman Schultz on Safety Concerns For Lawmakers
Bloomberg Television· 2025-09-12 22:08
Security Concerns & Political Violence - Increased security presence for lawmakers is needed due to rising political violence and threats [5] - Maintaining a balance between accessibility to representatives and ensuring their security is crucial [6] - The industry emphasizes the importance of political leaders condemning violence and promoting unity [7][8][9] Political Climate & Disinformation - The industry acknowledges the role of disinformation from foreign entities in exacerbating political tensions [10] - Calls for leaders to promote healing and unity, urging people to engage in human connection rather than online outrage [11][12][13] Government Funding & Bipartisanship - Opportunity exists for bipartisan collaboration on funding bills to address affordability crisis [14][15] - The industry highlights the potential for a government shutdown if Republicans ignore the affordability crisis [16]
'He's got the right approach': Bill de Blasio endorses Zohran Mamdani for NYC mayor
MSNBC· 2025-09-02 12:23
Endorsement and Political Positioning - Former New York City Mayor Bill Delasio endorsed Zoran Mandani for mayor, highlighting the city's demand for sweeping changes [1] - The discussion revolves around the political labels of "socialist" versus "capitalist," with figures identifying as "democratic socialist" or "social democrat," similar to European models where basic needs are addressed by both public and private sectors [4][8] - Republicans are portrayed as attempting to obscure kitchen table issues by labeling Democrats as socialists [5] Key Policy Proposals and Affordability Crisis - Mandani's platform focuses on addressing the affordability crisis, including childcare and free buses, aiming to save people money and increase mass transit usage [3] - The proposal includes government intervention to set up grocery stores in food deserts to provide quality food at reasonable prices [9][10] - The Democratic Party is seen as having strayed from focusing on kitchen table issues like inflation and prices [6][12] Crime, Homelessness, and Quality of Life - Mandani aims to improve policing by investing in mental health workers and cure violence activists to address homelessness and reduce violence [14][15] - The approach involves balancing police presence with mental health support, especially in non-violent situations [17][18] - The goal is to break the status quo regarding homelessness and create more order by flooding the zone with mental health workers [21][22] Business Community and Pragmatism - Mandani is portrayed as talented and smart in approaching the business community, disagreeing on core issues but offering to work together and listen to concerns [30][31][32] - There's an understanding that he needs to maintain the tax base in New York City and that some business community concerns are emotional [32][33] - Mandani is seen as open to working with the business community, understanding their needs, such as affordable childcare and free buses for employees [37][38][39]