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X @Forbes
Forbes· 2025-08-07 19:48
Trump Says Census Will No Longer Count Undocumented Immigrants https://t.co/x4wytP2sMF ...
X @The Wall Street Journal
President Trump asked the Commerce Department to start working on a census that will exclude immigrants who entered the U.S. illegally https://t.co/F7ZKUDfs30 ...
X @The Wall Street Journal
President Trump asked the Commerce Department to start working on a census that will exclude immigrants who entered the U.S. illegally https://t.co/QbLLNR5ecQ ...
X @Forbes
Forbes· 2025-08-07 10:40
Three of the 10 richest people in America (and the world) are immigrants. https://t.co/5ppaLINlGZ https://t.co/5ppaLINlGZ ...
Policy Uncertainty Is Biggest Threat To The U.S. Economic Growth Right Now: Carmen Reinhart
CNBC· 2025-08-06 16:01
Economic Uncertainty & Recession Risks - Uncertainty, stemming from policy, geopolitical factors, and President Trump's attacks on the Federal Reserve, poses a significant threat to US economic growth [1][2] - Recession risks are higher than average, though not overwhelming, as the US consumer remains resilient [7][9] - Corporate investment is hindered by uncertainty, impacting medium to longer-term plans [5] Monetary Policy & Inflation - It's difficult to argue for lower interest rates currently due to uncertainty about future inflation [11] - There are no overwhelming signs of weakening economic activity that would call for monetary policy stimulus [12] - The pass-through of tariffs into higher prices has been modest so far, but it's still early stages [11] Immigration & Demographics - Slower population growth due to immigration shocks negatively impacts medium-term potential output [8][9] - Aging populations and declining birth rates in the US and other advanced economies impact potential growth [14] - Immigration has historically contributed to trend growth in the US economy [8][14] Debt & Fiscal Policy - The US budget bill is estimated to add at least $3 trillion to the deficit over the next 9 to 10 years [15] - High debt levels and debt servicing costs are a concern, potentially hindering more productive investments [17][18] Globalization & Trade - Globalization has been off its peak since the global financial crisis [20] - While globalization has benefited consumers through cheaper products, it has also led to a hollowing out of various sectors in the US [20][22] - Increased global cooperation is preferred over a fragmented system [22] Global Debt Crisis - The unfolding debt crisis in low-income countries is something to watch, as it could amplify to emerging markets with bigger footprints [24][25]
MSNBC Highlights — Aug. 5
MSNBC· 2025-08-06 10:00
Political Landscape & Public Opinion - The Republican party is facing discontent in traditionally Republican areas, with voters expressing concerns over policies and practices [1][1][1] - Public opinion polls indicate unpopularity for Donald Trump and the Republican party, compounded by unpopular bills [2] - Town hall meetings are reflecting public anger and a potential shift in enthusiasm towards the Democratic party [2] - Voters are ahead of politicians in their discontent with issues like ICE, government cuts, and the Epstein scandal, creating a division between voters and some Democratic politicians [2] Epstein Case & Justice Department - The Justice Department is considering releasing the audio and/or transcript of Deputy Attorney General's interview with Ghislaine Maxwell, potentially with redactions [2] - The House Oversight Committee is subpoenaing information from the Justice Department and former officials across multiple administrations regarding the Epstein case [3] - Victims of Epstein have criticized the Justice Department's handling of the case, alleging a focus on protecting wealthy individuals rather than seeking justice [3][4] - Jeffrey Epstein displayed photos of himself with powerful figures, potentially as a deterrent to those who might report his misdeeds [13] Redistricting & Gerrymandering in Texas - Donald Trump has urged Texas Republicans to redraw congressional maps to create five more Republican seats [15] - Texas Democrats fled to Illinois in an attempt to delay the redistricting scheme, which redraws 37 of 38 congressional districts [17][16] - The proposed plan focuses on creating five new trending Republican districts for partisan purposes [16] - Texas Governor Greg Abbott and Attorney General Ken Paxton have threatened to arrest and vacate the seats of Democrats who are protesting the redistricting [37] - There are concerns that partisan gerrymandering could impact the balance of power in Congress [25] Economic Data & Political Manipulation - There are concerns about potential political manipulation of economic data, specifically regarding the Bureau of Labor Statistics [54][55] - President Trump's claims that job numbers are subject to political manipulation send a signal that credible data may be suppressed [59] - There are concerns that the administration is trying to enforce its version of the facts on government agencies that traditionally provide independent data [68] Tariffs & Trade - The EU may not be able to fulfill its promise of $600 billion in exchange for lower tariffs [69] - The floor for tariffs seems to be about 15%, which is a major change in the world economy [70] - President Trump is leveraging tariffs to push forward his geopolitical agenda, including towards allies like India and Canada [72]
X @The Economist
The Economist· 2025-08-06 04:20
It is not a case of last in, first out. The majority of those leaving were locals, rather than immigrants returning home https://t.co/ZDRctkG72G ...
X @Bloomberg
Bloomberg· 2025-08-05 16:50
International students are struggling to secure visas as the Trump administration aggressively moves to curtail immigration https://t.co/tq3Ka377SK ...
Watch CNBC's full interview with President Donald Trump
CNBC Television· 2025-08-05 13:44
And you can see right now the ten year at 422, the two year at 370. >> And now to the gusts that we've been talking about all morning President Donald Trump. Mr.. President welcome. Thanks for thanks for calling in. Wish you could be here in person, but we'll do this.>> Good morning Joe. >> We've been talking about the BLS and the employment numbers all morning long. Sometimes I know you get a chance to tune in. I want to bring up a chart.I hope you can see it, or else I'll describe it to you. This is the r ...
'Not a tool for ICE': Aviation worker slams deportations on commercial flights
MSNBC· 2025-08-05 12:51
Deportation Concerns - The Trump administration aims to increase deportations nationwide, potentially affecting millions of migrants [1] - A flight attendant objects to commercial airlines facilitating deportations due to potential risks to migrants in their home countries and the discomfort it causes other passengers [1] - The author argues that commercial airlines should not be a tool for ICE, as commercial flights are for consumers and cargo, not for immigration enforcement [3][4] - The union representing nearly 30,000 flight attendants believes its members should not be forced to facilitate deportations [4] Airline Industry Stance - The airline mentioned is perceived to be aligned with the administration regarding deportation processes [6] - There is precedent for airlines to oppose administration policies, as seen in 2018 when an airline stopped participating in flights separating families after internal and public pressure [6] - The author suggests that specialized government planes or contracts with specific carriers should be used for deportations instead of commercial airlines [7]