Wenzdaz Wandering Political Thoughts

Breathe deep, I remind myself. So much shitty news roils my complacent sailing. I seethe against Trump and the GOP. My specific seething target is that waste of space, Mike Johnson (R) – Hell. When questioned and pressed for an opinion about Trump suggesting that United States cities should be used as a training ground for the military, Johson squirms like a worm putting put on a hook. The Daily Beast reports via MSN.

Mike Johnson Cornered Over Trump’s Dark Military Threat: ‘Answer the Question!’

“I don’t serve in the Pentagon. I run the House of Representatives, and what we need to be talking about today is real harm that the American people are going to feel because of what Chuck Schumer is doing,” Johnson replied, referencing the government shutdown that Republicans are trying to pin on Democrats.

Yes, squirm, worm, squirm!

Shutdown Blues are sweeping the country. Trump seems pretty unconcerned from what we’ve seen and heard of him. Hell, he’s still getting rich, stealing from the government and scamming folks from the Offal Office. More than that, in his altered reality, he’s probably being cheered and feted with confefve from adoring crowds. Yet, coupled with the government shutdown and the impact that’ll splash over into the economy and the United States’ credit and bond ratings, people should be bracing themselves for rising prices, falling services, failing and businesses, and well, greater yet enshittification. This is the kind of event that’ll sweep over all facets of society. Trump seems oblivious, but that just released ADP jobs report is ugly. UPI feeds us the deets.

ADP report shows 32,000 loss in jobs in September

Oct. 1 (UPI) — Private companies’ payrolls dropped by a seasonally adjusted 32,000 jobs in September, according to an ADP report released Wednesday.

The figure represented the largest decline since March 2023. ADP also revised its August numbers — from an increase of 54,000 jobs to a drop of 3,000.

Well, tourism is down. Prices are rising as tariffs kick in and stock built up before Trump’s tariffs were announced dwindle. Beyond that, Trump’s erratic rollout, as consistent as a tide on a stormy beach, confuses business leaders and encourages distrust. Disrupted supply chains and doubtful, worried consumers encourages suspicions about what will happen next. Trust, once broken, isn’t easily regained.

UPI‘s story goes on to note,

The ADP report showed a 28,000 overall drop in service-related jobs, including leisure/hospitality (19,000), professional/business services (13,000), financial activities (9,000), trade/transportation/utilities (7,000) and other services (16,000). There was a rise in education and health services jobs — by 33,000 — and in information jobs — by 3,000.

Meanwhile, MarketWatch reports on deeper, ongoing problems.

The vital signs for the U.S. jobs market were already flickering before the employment report was delayed. Just how bad is it?

The health of the labor market is the single biggest worry of the Fed — even more than a recent rise in inflation. The central bank trimmed a key U.S. interest rate in September in what appears to be the beginning of a rate-cutting cycle to shore up the economy.

Most top Fed officials continue to call the labor market stable. Yet they are increasingly alert to the possibility of “more meaningful and unwelcome increase in the unemployment rate” that could damage the economy, as Boston Fed President Susan M. Collins said Tuesday.

But is the labor market really stable? On the surface, it appears so.

The economy is still adding jobs, if at a glacial pace, and the unemployment rate is quite low historically at 4.3%.

The number of people applying for unemployment benefits each week is also surprisingly low, a sign that businesses are mostly avoiding layoffs. Instead, they simply aren’t filling open positions after former employees leave — what economists call “attrition.”

Dig a little deeper, though, and the vital signs for the labor market don’t look nearly so good.

Start with a decline in hiring — the number of new hires per 100 workers. The hiring rate among private-sector businesses fell again in August to 3.5%, matching a five-year low.

The slowdown in hiring is glaring in the most recent U.S. employment reports. The economy added an average of just 25,000 new jobs a month from May through August, marking the weakest four-month stretch since 2010, ignoring the COVID-19-era period.

Not only that, but employment actually fell in June for the first time since 2020.

“Low hiring remains the main driver of weaker labor market,” economists at Citi Research said.

Trump has a proven history of trying to hide from facts and pretend that all is not just great, but the greatest ever. It’s not a deep surprise that the BLS Jobs Report will be delayed. Many, including moi, think Trump’s minions will outright game the numbers to tell a wholly different story. While that might appease his MAGA base and buy time with lockstep Republicans, business people, critical thinkers, and, well, citizens residing in the real world will react with greater distrust and suspicion.

Seasonally, we should be seeing a jump in sales and employment in the United States. It’s the economic fourth quarter. Black Friday is coming, along with the big holiday season that so many love and loathe. The portents are mixed about what will happen. As Paul Krugman likes to remind us, hard data is catching up with soft data.

Time will tell for us but despite his appearances, Trump knows the clock is running. Tick, tock, TACO, tick, tock.


Wenzda’s Wandering Political Thoughts

I liked the article’s headline.

 Trump, a ‘humiliated clown’ who always pretends he never backs down, backed down again

That’s Lawrence O’Donnell’s take on Trump. Trump is a clown. I so agree.

Trump was reversing himself on tariffs. Again. Trump claimed before that leaders of all these other nations were calling and begging him to make deals. No evidence of that emerged. If anything, Trump’s claim was 180 degrees from the truth.

You got to ask: if his high tariff approach was working so well and all those leaders wanted deals, why is Trump singing a different song now?

The short of it seems to be business. Stock market losses have people remembering the worse April since the Great Depression. The sliding dollar isn’t reassuring anyone, either.

Trump’s tariffpause is like menopause. Has people running hot and cold and getting emotional, irritated, impatient, and easily annoyed.

His tariffpause seems to come from CEOs warning him about empty shelves and declining sales.

The CEOs of Walmart, Target, Home Depot and Lowe’s, all of whom delivered a blunt message about interruptions in the supply chain and its effects on consumers, were invited to the White House as part of an ongoing internal campaign to make the case to Trump about the real-world impact of his policies, administration officials said.

Trump’s tariffs have placed significant pressure on the retail sector. The business leaders warned that store shelves across America could “soon be empty,” two people familiar with the meeting said, as they presented a dire economic picture that could come into sharper view within weeks.

Gosh, no one saw that coming way back when Trump brayed about imposing tariffs.

Yes, that’s some 24-karat snark.

Saturda’s Wandering Political Thoughts

Some things catching my attention in the week’s news…

I enjoy Ali’s regular offering, Peace & Justice History. Posted every day on Scottie’s Playground, the post provides a high-level recap of the day in history in the realm of peace, law, and justice. I like it as a reminder of the history which has gone before. While there is sometimes a sinking sensation that history is part of a wash cycle, and we’re going through the spin and rinse once again, reading about others stands against war and for justice and human dignity can inspire and fuel my need for optimism.

Infidel753 provided a good overview of the Bond market and the huge implications for the U.S. when our bonds fall out of favor. As several have suggested, the bond market drop probably caused the pause in Trump’s wacky tariff scheme.

“The sale of Treasury bonds is how the US government borrows money.  A bond’s value at maturity is fixed; its initial sale price is lower and is determined by supply and demand, with the difference between sale price and maturity value being the interest paid by the government to the investor.  For example, if a bond is worth $100 at maturity, and you buy it for $95, then the $5 difference is the interest you get on the investment, effectively paid to you by the government.  If you are less confident that the bond is a good investment, and you pay only $90, then your return is $10 when the bond matures, and the government is having to pay twice as much interest to borrow the money from you.  In practice, the sale price of Treasury bonds is set by supply and demand and reflects investors’ collective level of confidence in the US economy at any given moment.

“The reason this matters for the future of Trump’s befuddled trade and foreign policy is that huge quantities of US bonds are owned by foreign governments.  Japan holds over a trillion dollars worth of them, China holds $760 billion, the UK holds $720 billion, Canada holds $380 billion, and many others also hold substantial amounts.  Even by the standards of the US federal budget, these are very large amounts of money.  And these governments have now learned that turmoil in the bond market can get Trump to back down even when nothing else can.

Some hope was found that the Roberts Court finally, finally, took a stronger stance against the Trump Regime’s mass deportation scheme, the one that pretends that due process has no place in the U.S. no matter what the Constitution and legal precedence says. Jennifer Rubin at The Contrarian gave a concise summary of the latest ruling. Now we all wait to see what happens next. I haven’t perused the news yet, but something else may have already happened. Whatever else, the Trump Regime is an evil and diabolical machine in its pursuit of unlawfully getting people out of the country.

Milwaukee, Wisconsin is coping with lead paint in its schools. The Biden administration was working with them to help them out of this mess. Isn’t working for the common welfare one reason for the Federal government’s existence? But under the Trump Regime, the CDC experts who were going to help Milwaukee have been fired. And, the Trump Regime told them that it’s declining their request for help. I’m sure that Milwaukee citizens are probably wondering, why the fuck are we paying taxes, then. I know that would be my reaction. Not sure how this fits, but Wisconsin was a swing state that went for Trump while Milwaukee went for Harris.

A confusing piece was in The Hill. Trump on egg costs: ‘If anything, the prices are getting too low’. It was a real head-scratching read.

‘President Trump weighed in on the cost of eggs around the country, claiming Friday at the White House that the prices are “getting too low.”

Trump praised Agriculture Secretary Brooke Rollins for doing a “great” job and then asserted that egg prices are “down 87 percent, but nobody talks about that.”’  

“Bullshit,” my wife said. “I just bought eggs. They’re not down ’87 percent’. If that’s right, why are they still so expensive in Oregon?”

Yes, it’s something else to ponder.

Thirstda’s Wandering Political Thoughts

It’s time to check the economy’s barometer. Dollar Tree is selling off Family Dollar after acquiring it ten years ago. Lack of synergies between the two. I admit, I confuse the two stores. They’re interchangeable in my mind. Anyway, you would think that they would have noticed the lack of synergies back when DT was thinking about buying FT. I guess that’s business.

What really struck me about the move were these insights from Dollar Tree Chief Executive Mike Creedon, with my emphasis added in bold:

With regard to consumer spending, Creedon said that Dollar Tree, like other retailers, is seeing middle-income shoppers focus more on value. “At the same time, we are seeing stronger demand from higher-income customers who increasingly see Dollar Tree as a cost-effective source for an expanding range of products,” he said during the conference call.sales

“We believe it doesn’t matter how much money you make. Everybody is hurting right now,” he said.

‘Everybody is hurting right now.’ That’s a knee slapper. I don’t think the Trusk Regime’s billionaire cabinet and their friends are hurting at all. But maybe that’s just poor, poor, cynical me. More critically, it seems that more middle class is shopping at the Dollar Tree. That’s a strong sign for the future…not.

But come on, how can we be hurting in Donald Trump’s economy? He’s making all those moves to save the government money. Well, okay, that DOGE stuff didn’t save much money. It instead destablised the government, outraged citizens, scared Republican senators and reps into hiding, caused confusion and triggered alarm, and sent the stock market down. But he added those tariffs…and took them away…and added them again…causing trade partners to retaliate. Which, yeah, hurt farmers, damaged overseas liquor sales, and has put a crimp in economic forecasts. Retailers and manufacturers have responded with layoffs and slashed their sales forecasts.

Naturally, shoppers were affected. US consumer confidence tumbles for the 4th straight month as future expectations hit a 12-year low.

The Conference Board reported Tuesday that its consumer confidence index fell 7.2 points in March to 92.9. Analysts were expecting a decline to a reading of 94.5, according to a survey by FactSet.

The Conference Board’s report Tuesday said that the measure of Americans’ short-term expectations for income, business and the job market fell 9.6 points to 65.2.

It is the lowest reading in 12 years and well below the threshold of 80, which the Conference Board says can signal a potential recession in the near future. However, the proportion of consumers anticipating a recession in the next year held steady at a nine-month high, the board reported.

“Consumers’ optimism about future income — which had held up quite strongly in the past few months — largely vanished, suggesting worries about the economy and labor market have started to spread into consumers’ assessments of their personal situations,” said Stephanie Guichard, senior economist at The Conference Board.

Oh boy, so much winning, it hurts.

Looky Here

The reciprocal wave is rising. This is the reaction to the Great Shitstorm of 2025 and PINO Trusk’s Great Undoing of peace and prosperity. Sure, we didn’t have peace and prosperity everyday for everyone, but now it’s gettin’ ugly.

Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter

Oh, boy, the Atlanta Fed has started an ugly trend of downgrading GDP growth.

The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the first quarter, flashing a warning sign for the U.S. economy.

The Atlanta Fed last week was predicting 2.3 percent positive growth for the first quarter. A month ago, it was registering 3.9 percent growth.

PINO Trusk has only been in office one month and the economy is caving in. It’s almost like he’s deliberately destroying it.

It’s not just the Atlanta Fed feeling it.

Inflation as measured in the Federal Reserve’s preferred personal consumption expenditures (PCE) price index came in at 2.5 percent annual growth on Friday, dipping by just a tenth of a percentage point after rising throughout the fall.

Personal expenditures decreased $30.7 billion, or 0.2 percent, in that report.

Consumer sentiment also fell off a cliff in January as measured by the University of Michigan’s monthly survey, dropping nearly 10 percent from January.

Perhaps of more concern for economists, consumer expectations for year-ahead inflation popped to their highest levels since November 2023, rising to 4.3 percent for next January from 3.3 percent in December.

A majority of CEOs polled last year by accounting firm PwC saw a recession coming within six months of October 2024.

“61 percent of respondents agree that the US economy will experience a recession in the next six months, up from 49 percent in our June 2024 survey,” PwC analysts found in last year’s survey.

61% of CEOs polled agree that a recession is coming? Why, that’s terrible economic news, innit? Must be, for folks who were whinging ’bout the price of eggs in November of 2024.

Egg prices keep going up. Here’s the average cost for a dozen across the U.S.

Avg. price of eggs has hit a new high

The average price of a dozen eggs in a US city hit $4.95 in January 2025; jumping by 19.5% in just one month, from $4.15 in December. The price of eggs is higher than ever before, with the previous peak at $4.82 in January 2023, and has nearly doubled since the same time last year.

That’s just eggs, right? We can live without eggs. Other prices aren’t increasing, are they? I’m just fearmongering, right?

Walmart shares tank on dismal forecast as retail giant warns of slowing sales

Walmart shares, which had risen about 72% in 2024 and hit a record high of $105 last week, were down 6%. Shares of rival retailer Target were down 1.6%, with Amazon 0.9% lower.

The company forecast adjusted earnings per share for the fiscal year ending January 2026 in the range of $2.50 to $2.60, below analysts’ expectations of $2.76, according to data compiled by LSEG.

To be sure, these are serious matters. They’re going to be made worse by PINO Trusk’s DOGE-led cudown of government services. I don’t want life to be miserable in the U.S. or the world, but this is the path which PINO Trusk and the GOTP are blazing.

We saw this coming.

We warned the rest of you.

Will PINO Trusk take action to address it? Well, right now, his focus is on making English the official language and lying to and insulting President Zelnsky.

President Trump to sign executive order making English the official language of US.

I wonder if Trump will be required to learn how to speak proper English if it’s now going to be the official language?

Somehow, I doubt it. He really seems incapable of learning. Then again, he is 78.

That’s pretty old for a job like that, innit?

Sunda’s Wanderin’ Political Thoughts

As observers watch the Trusk Regime’s Great Shitstorm of 2025 and the Great Undoing, we await the Reciprocal Wave. History, economics, science, have all demonstrated again and again that for every action, there are reactions.

This is an era of networks. The age of the old factory plants have faded. What we have now are multiple assembly locations. Subassemplys are built and then shipped into other countries, where they’re added to other subassemblies. Those subassemblies are folded into a final component which is then shipped to an assembly plant for final inclusion into finished goods, such as a car. This is true not just in the automobile and aircraft industries, but in many electronics industries, medical device manufacturing, and pharmacueticals. Wasn’t governments who did this, either; this was the capitalists, although they worked with governments to make it so, often encouraged by tax breaks and subsidies.

Likewise, the farm-to-table model is a simplistic concept for much of the food that reaches our tables. While we do have local economies with organic farms and farm-to-table can happen, nature still commands where some things grow.

The Trusk Regime has issued orders. Broken treaties. Damaged alliances. Withdrawn from marketing and trade agreements. Bullied allies and threatened and launched tariffs.

Tariffs will drive up prices. History has demonstrated it. Higher prices bring inflation. Inflation causes less buying. People just don’t have enough money to buy more.

Less buying equals less retail volume. Lower volume means less income for businesses. Businesses compensate with increased prices to sustain operating and profit margins.

But less sales volume is less business. Less tax revenues at all levels.

Less sales translates to less need for employees. Job layoffs and terminations follow.

To ice the cake, the Trusk Regime has cut Small Business Administration funds. Too much DEI for them. Without those loans and grants, small businesses will close. Unemployment will climb. Fewer businesses means increased scarcity and less competition. Prices rise out of that equation.

That is just the tip of that egregious economic situation. Think of what that does to consumer confidence? Imagine the impact on the stock and commodities markets, and the strength of the dollar.

But you don’t need to imagine that. History is full of these things happening. They have been studied. The cause and effect is well understood. With less tax revenues and less Federal funding coming down, roads and infrastructure fall into disrepair. So history says. Hello, if you were paying attention, you know that was one of the things Trump 45 promised to do and failed to do. And, if you’re paying attention to your history, you know that President Joe Biden delivered on that promise with a bi-partisan infrastructure repair act.

The things you can learn from history.

If you’re willing.

Beyond food scarcity, high prices, and small businesses shuttering, visualize what that does to small towns and cities. Imagine what happens to farmers and their businesses with their markets closed to them in China and elsewhere.

There will be backlash and more reciprocal impacts. Unemployment will rise. Homelessness will increase. Begging on street corners will climb.

The Trusk Regime has already made that situation worse by shuttering the USAID. Through it, charities helped with lunch programs. Religious charities depended on money from the USAID to help communities cope with homelessness, unemployment, and scarce resources.

But Trusk cut that. That now traditional source of help will not be there. Forced into starvation and desperation, violent crimes will rise. That’s a fact right out of history. So will an attitude. What do I care if the world burns down? I have no future in it. Because they can’t afford college. Even if they can get more education, to what end would they put their degrees with businesses terminating employees. They will begin to work as part of an under-the-table gig economy. Take low paying jobs to get a meal.

Imagine the impact of increasing homelessness and growing unemployment will have on new car sales and new home sales. But you don’t have to: history has shown us the impact.

The Trusk Regime has already made that situation worse by terminating hundreds of thousands of Federal employees. You don’t think that’s not going to affect the unemployment numbers, consumer confidence, and the economy? People without jobs don’t spend much money. The Trusk Regime likes to offer a scenario where these hundreds of thousands of newly unemployed individuals go out and get a new job.

Where?

Especially since the Trusk Regime also cut government contracts. Schools, businesses, and communities were depending on those contracts. Some of them were still rebuilding from natural disasters. The money had been allocated by Congress. The Imperial Presidency said, no. So those projects have stopped.

They’re not hiring anyone.

That’s what Project 2025 and the Trusk Regime wholly ignore. We experienced all of this things and built networks of state, local, and Federal government with rules, regulations, and experts to deal with these problems. The Trusk Regime decided it was fraud and waste and took a chain saw to it.

Now we wait. The Great Reciprocal Wave is coming. Its form is uncertain. Could be open warfare. Massive rioting. A military coup. Other factors of the Great Undoing will come into play. Like health crises. Say avian flu. Flu, RSV, and COVID-19. New diseases. So it could be another pandemic.

This is all just a tiny piece of it. Natural disasters will begin. Tornados will tear through towns. Wildfires will start burning. Flooding. Places will be evacuated. Productivity will fail more. Scarcity will increase. Tax revenues will plummet. The economy will sag. The fires will burn on with no to little help from the Trusk Regime. They don’t think those federal agencies were useful.

Hurricane season will begin. Storms will wreck whole areas. Scarcity will increase. So will demand. Inflation will rise. Tax revenues will plummet. Homelessness will increase.

What do you think that will do to the insurance companies? Not sure? Ask the good people of Puerto Rico, Oregon, California, Florida, Texas, and other states affected by natural disasters in recent years. They’ll give you a history lesson.

While you’re talking to them, ask, too, what it did to their health and their healthcare systems. Ask them what it did to their local economy and local inflation. Ask them what it did to their state of mind.

The Trusk Regime thinks that cutting federal agencies like FEMA is a good move. They think local citizens ‘on the ground’ in those locations will be able to ‘make better decisions’.

Yes, because the people of Asheville, NC, for example, have such a deep familiarity with recovering from disasters. *head shake*

Making decisions about how to help communities is only a small element of what FEMA does. They keep stockpiles of emergency food and water supplies on hand. They keep emergency housing on hand in the form of trailers that can be moved in to solve the housing problems for a while.

Those stockpiles will still exist. But with FEMA cut or its personnel cut, who will manage those inventories? Who will ship those supplies?

And we know that this will happen.

Because history taught us. You can learn a lot from history, if you’re willing. Just cast your mind back to 2005, Hurricane Katrina, and New Orleans. Twenty years ago. Pause to remember Michael D. Brown of FEMA fame and the disastrous job he did because he didn’t have experience. “Heckuva job, Brownie,” President Bush told him.

So you can learn from history. But right now, instead, voters decided to fuck around and find out. They were willing to take an ax to all of these programs, agencies, federal employees, alliances, trade agreements, and expertise.

Well, here it comes, brothers and sisters. You’re about to find out.

Here comes the Reciprocal Wave. I’d tell you to brace yourselves but do I need to?

History has already told us.

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