The Economy

[garrow]

More than 600 Iron Range steelworkers out of work as auto industry cuts orders because of tariffs

Cleveland-Cliffs, the largest iron ore operator in Minnesota, is idling operations in Hibbing and Virginia.

www.startribune.com

 

[Twirling Time]

GrOPers in Texas who stood to win bigly from the CHIPS Act are worried.

Two Texans in Congress defend CHIPS Act in the face of Trump’s criticism

Although the president has said he wants to “get rid of” the act, Rep. Michael McCaul and Sen. John Cornyn say it supports jobs and national security.

www.texastribune.org

 

[garrow]

The U.S. now suffers from these 5 dead giveaways of an emerging-market economy in trouble, former IMF official says — ‘It pains me to say it’

"Worse, by dint of its size, America’s actions have a much greater impact on the world economy than those of any run-of-the-mill emerging market."

www.yahoo.com

 

[Deskgrunt50]

Consumer confidence index at a 12-year low... a self-inflicted wound by this dumbfork administration's idiotic trade war. Tariffs will continue to drive up inflation and prices across the board will continue to rise.

Congrats to the trump voters who believed he's better for the economy. forking morons.

Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low

U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures fell to a 12-year low, driven by rising concerns over tariffs and inflation.

apnews.com

 

[Inky_Wretch]

Thanks Obama!

 

[Brooklyn Bridge]

Consumer confidence index at a 12-year low... a self-inflicted wound by this dumbfork administration's idiotic trade war. Tariffs will continue to drive up inflation and prices across the board will continue to rise.

Congrats to the trump voters who believed he's better for the economy. forking morons.

Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low

U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures fell to a 12-year low, driven by rising concerns over tariffs and inflation.

apnews.com

At least the price of eggs are down, right?

 

[dixiehack]

The children yearn for the citrus groves.

The state's legislature on Tuesday is set to debate a bill that would loosen child labor laws, allowing children as young as 14 years old to work overnight shifts. If the new law is passed, teenagers would be able to work overnight jobs on school days. They are currently prevented from working earlier than 6:30 am or later than 11 pm per state law.

The state's Republican-led legislature on Tuesday will debate the new law, which also includes a number of changes including eliminating working time restrictions on teenagers aged 14 and 15 if they are home-schooled and ending guaranteed meal breaks for 16 and 17 year olds.

https://www.cnn.com/2025/03/25/business/florida-child-labor-laws/index.html

 

[Deskgrunt50]

Consumer confidence lower than the height of COVID... not coincidentally another thing trump colossally forked up.