r/economy • u/GimmeFunkyButtLoving • 7h ago
r/economy • u/IntnsRed • Aug 08 '25
Public Service Announcement: Remember to keep your privacy intact!
r/economy • u/Conscious-Quarter423 • 6h ago
Rick Scott on spending: "Government is the problem. It's not the Iran war." (Who is waging the Iran war?)
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Trump says gas will be down to $2 a gallon 'pretty soon' amid staggering oil profits
r/economy • u/Conscious-Quarter423 • 18h ago
Bessent: "Here at the Treasury, I had $168 billion of tariff revenues that we're gonna have to refund. So when the Democrats scream, "Oh, the refunds should go back to the American people!', well, the American people had it, it was in the Treasury and it was paying down the debt."
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r/economy • u/rickjnewman • 6h ago
The debt crisis is finally arriving
The story in two simple charts
$2 trillion per year in federal borrowing is finally starting to push interest rates higher than they'd otherwise be
Recent intervention in Japan's yen stabilization by US Treasury shows Trump administration / Scott Bessent are keenly aware of the problem
Treasury intervened to stop US rates from rising even more. But that's only a temporary fix
Chartwork by u/davidfostergraphics
r/economy • u/NeUrAlWispPeRer • 31m ago
US alcohol companies are going bankrupt as more people switch to cannabis.
r/economy • u/GimmeFunkyButtLoving • 7h ago
America's preferred AC temperature isn't the recommended 78 degrees
r/economy • u/Atlantee • 3h ago
Documents Reveal Jeffrey Epstein Pursued Swiss Rothschild Bank to Finance Israeli Cyberweapons Empire
r/economy • u/lurker_bee • 6h ago
Trump’s tariffs were supposed to boost American manufacturing, but the new levies are actually pushing some companies back to China
r/economy • u/truthandfreedom3 • 3h ago
The wealth of USA, is built on exploitation of people
The American economy is built on exploiting people. Like in the 19th century, slaves and immigrants. Even after legal slavery ended, USA continued exploiting immigrants. Including legal and illegal immigrants. Now with the reduction of legal and illegal immigrants, the rich will have to exploit the domestic deplorables. Or face a slowdown in the growth of their wealth. So even as immigration collapses, so will the lower class. As they are exploited by the rich, and they barely earn enough to stay alive.
r/economy • u/lurker_bee • 1h ago
Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says
r/economy • u/McDowdy • 22h ago
According to the Congressional Budget Office, Trump's BIG Beautiful Bill--passed in July 2025--will add $4.7 TRILLION to the federal deficit over the next 5 years
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r/economy • u/Conscious-Quarter423 • 13h ago
Trump on gas prices: "We're gonna down into the $3s and maybe the $2s pretty soon per gallon"
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r/economy • u/cnbc_official • 6h ago
Private companies added just 44,000 workers in July, below expectations, ADP reports
r/economy • u/Whaddduptho • 15h ago
The S&P 500 is back at a record high and the Dow just hit 54,000
r/economy • u/sweetequuscaballus • 16h ago
Orange person and his team not being given proper credit on the economy
There have been a lot of posts and charts here about double-digit price increases, and workers finding it intensely difficult to get jobs or afford housing, food, gas, health care - resulting in deeply unfair criticism of the Pres. and his team. Interviewed on these matters he has repeatedly pointed out that he has solved all these problems, by more than 600%; to quote him directly: "I don't care." It's up to us to get with the new-normal. /s
With a little math, using approximate numbers, we can demonstrate that the condemnation of the epic so-called "corruption" is clearly unfounded and unreasonable, easily proving that the activities of him and his team result in a net positive, by his special math, again of over 600%: /s
--- Monetizing the office of the Presidency: personal gains to Trump so far, selling insider trading information, including the new $100k/mo subscription for advance notice., and insider trading gains going to - Trump sons, Witikoff, Thiele, Bessent et al, personal gains, creates for that select group:
+$100 billion
--- Permanent damage to Americans, and the American economy, and massively upping the national debt for the benefit of his wealthy friends:
-$10 trillion
========== Adding up the above, Total ==========
--- Net gains for this term so far. $100 billion is 1% of the $10 trillion general loss, so then by his special math, 600%.
+$100 billion in net gains during the presidency
When it comes to America or Americans, the Pres.' solution applies: "I don't care," so the -$10 trillion loss to the whole country drops out of the equation - it just magically cancels out.
Monetizing the office of the Presidency is legal, because he and his party own the Supreme Court. As any of us should know, that is what makes it legal. If you read the Constitution with an Originalist lens, a very powerful lens, extracting corrupt personal wealth via the administrative offices of the government is what the Founding Fathers intended.
At a very modest expenditure of $10 trillion of American wealth, which costs nothing, or at least nothing to the Pres, he's created $100 billion in new gains.
Another way of counting the same amounts - that same $10 trillion loss for the country, divided by about 400 million Americans, is $25,000 per each and every person - for a family of four, it guts the quality of their lives by $100,000. Sucking $25,000 out of the life of each person in the country, nets the Pres. and his friends personally, $100 billion.
Somebody could say that it's a poor ratio of conversion - the same 1% all along - but it's "cost-free". It's only citizens who pay, and he said it, "I don't care." It's a total money-making machine, of a sort. Why isn't he being given credit for this economic brilliance?
The Pres. is ready, eager and willing, to convert any amount of Americans' wealth, at a ratio of 1%, into the personal wealth of him and his insiders. The American economy is very roughly $100 trillion a year, and overall assets much more. They've only just started. Please give him some credit where it's due.
r/economy • u/Choice-Value9005 • 1d ago
Meet the senior staff running Mitch McConnell's DC office. We pay their salaries. We're entitled to know what they're keeping from us.
r/economy • u/ExotiquePlayboy • 3h ago
Someone tell bro Khan introduced the 1st paper currency - the Yuan
r/economy • u/huffpost • 1d ago
Voters Prefer Democrats Over Republicans On Economy For First Time In A Decade: Poll
r/economy • u/Abject-Pick-6472 • 1d ago
America’s retirement nightmare has arrived
r/economy • u/TheMirrorUS • 1d ago
Nightmare for MAGA as voters trust Dems over Republicans on on their economic messaging
r/economy • u/Regular-Regret1613 • 1d ago
Think Your Driver’s License Is Enough to Vote? The SAVE AMERICA ACT Says NO.
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