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Why Beef Is Getting So Pricey
Bloomberg Television· 2026-02-20 07:45
And you dig through the the economic data, certainly inflation data, see all of these, look at all of these these tables, different parts of the economy. What can we learn from from the fact that beef prices have risen as much as they have over the last year. >> I think it's a reminder, David, that the inflation story hasn't fully gone away.that even though we hear headline numbers about inflation in the US has slowed down over the past few years, which it clearly has, there are still areas of the consumer ...
X @The Economist
The Economist· 2026-02-03 07:00
The “cost of living” lurks behind every one of Sir Keir Starmer’s decisions, whether on matters of state or factional infighting. That obsession is a gamble from a government suffering extinction-level polling https://t.co/pyLhqweE6JIllustration: Nate Kitch https://t.co/l5XL2zKjfY ...
X @The Wall Street Journal
Millions of Americans are starting to see their monthly health-insurance bills rise, a new pressure point for a nation still frustrated with the high cost of living https://t.co/mVJ9LeFR69 ...
X @The Wall Street Journal
Millions of Americans are starting to see their monthly health-insurance bills rise, a new pressure point for a nation still frustrated with the high cost of living https://t.co/DxzDPHvubI ...
'I want to get a bill passed': Rep. Lawler blasts GOP leaders over impending ACA lapse
MSNBC· 2025-12-17 15:11
Healthcare Affordability and Policy - The expiration of Affordable Care Act (ACA) tax credits could negatively impact millions of American families [1] - A Republican Congressman criticizes GOP leaders for allowing the subsidies to expire, calling the situation "idiotic and shameful" [2] - A bipartisan compromise bill is proposed to extend ACA enhanced premium tax credits for 2 years with reforms, but faces challenges in gaining support [4][5] - Healthcare premiums have risen 96% since Obamacare took effect [7] - Insurance premiums are based on year-long certainty, making temporary extensions challenging [8] - A clean three-year extension of ACA subsidies failed in the Senate, highlighting the need for compromise [6] Economic Assessment and Tax Policy - The economy is described as "middling at best" based on BLS numbers [16] - A Congressman highlights the working families tax cut bill, projecting an average $4,000 tax cut for New Yorkers and a $6,000 tax deduction for seniors [18] - The Congressman believes the economy will improve as tax cuts take effect in April [18] - The Congressman emphasizes the need to address housing, healthcare, energy, and food costs [19][20] International Relations and Oil Industry - The US administration is taking action against sanctioned oil tanker ships tied to Iran and Venezuela [11][13][14] - American oil companies were heavily involved in building the Venezuelan oil industry [13] - The illicit oil trade is linked to funding terrorism [14] - The administration is defining narco-terrorist states as foreign terrorist organizations and striking ships transporting drugs into the United States, citing the fentanyl crisis that causes 75,000 American deaths annually [15]
President Trump's approval rating remains challenged by affordability, CNBC survey shows
CNBC Television· 2025-12-16 12:54
Welcome back to Squawkbox. President Trump's approval rating remains challenged by the affordability issue. Our senior economics reporter Steve Leeman joins us with the results of the CNBC All America Survey.What are you seeing. >> Yeah, yesterday we did what consumers were saying about it. Now, this is the political side of it.President Trump's approval on the critical issue of inflation and the cost of living fell to a new low in the CNBC All-America economic survey with the president continuing to lose s ...
'Extraordinarily tone deaf': Joe slams Trump for mixed messaging on economy
MSNBC· 2025-12-11 12:16
I do want to talk about the economy, sir, here at home and and I I wonder what grade you would give. >> A+ A+ plus. >> Look, electrics electric bills have gone up. Everyone's bills have either stayed the same or going higher. Grocery prices have not gone down. Everybody suffered from inflation that happened during the Biden administration. And I think the the president needs to be aware that he's a billionaire, president of the United States, and you can't gaslight people and tell them that their bills are ...
‘Republicans are nervous’: Journalist on GOP’s standing ahead of midterms
MSNBC· 2025-12-10 18:01
Economic Narrative & Political Strategy - The Trump administration aimed to reclaim the narrative of Republicans as the party of affordability, using cherry-picked prices and anecdotal stories [2][3] - Trump's messaging was inconsistent, sometimes contradicting the affordability message with warnings of economic hardship [3][4][5] - Trump's policies and statements have faced criticism, with some voters expressing concern over international involvement and the rising cost of living [7][15] - The White House strategy involves setting up economic policies to be implemented after the midterms, but specific policies were not detailed in the speech [26][27] Economic Indicators & Reality - The administration claims of "crushing" inflation and rising real wages are contested, with inflation still around 3% and wage growth potentially lagging behind depending on the data used [8][9][10][11][12][13][14] - While inflation has decreased from 2022 levels, it remains a concern as it builds upon previous price increases [11][12] - Real wages are reported to be up 1% on the year, but this may not be enough to offset the effects of inflation [9][14] Political Implications & Future Outlook - The economy is a significant political problem for the president, as voters are feeling the effects of rising costs [15][16][17] - Republican candidates are experiencing nervousness, with recent election results showing Democratic gains attributed to affordability concerns [19][20][21] - The Federal Reserve is expected to cut rates, but there is internal division regarding the appropriate course of action due to concerns about inflation and data reliability [27][28][29] - Potential candidates for Fed Chair, like Kevin Hasset, may face pressure to align with the administration's desire for lower interest rates [30][31][32][33]
X @Wendy O
Wendy O· 2025-12-06 20:17
Schiff is the best marketing guru of all time.Trump calls Peter a “jerk”CZ owns him during a debateWhat a weekPeter Schiff (@PeterSchiff):Pres. Trump called me a loser, a jerk and a Trump hater for telling the Fox audience the truth about the rising cost of living. Biden had a lot of help in causing the “affordability crisis,” including from Trump during his first term, and he’s not fixing it, he’s making it worse. https://t.co/IK7POAN2ye ...
Trump calls affordability a 'Democrat Scam', after declaring himself the 'Affordability President'
MSNBC· 2025-12-03 23:17
The man who once implored the American people to disregard what they can see with their own eyes and read is today begging them to dismiss and disbelieve what they feel and experience as well. Donald Trump's latest reality bending endeavor, which we'll share with you in a second, is especially shameless this afternoon given what the rest of us witnessed late yesterday in Tennessee, a single frame snapshot of what appears to be a title shift in the public mood and support for MAGA Republicans. Yes, Republica ...