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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]