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USA Works

@usa.works

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👷 | Advocating for better jobs, better pay
💼 | A thriving economy for all workers
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Trump’s latest tour had all the drama of a reality show! 🎭 While inspecting the $3.1 billion renovation at the Federal Reserve, he couldn’t resist throwing shade at Fed Chair Jerome Powell, joking about firing a project manager for budget overruns. But behind the laughter, Trump was serious about pushing for lower interest rates—again raising eyebrows on how he tries to influence financial policy. This spectacle isn’t just entertainment; it raises questions about the integrity of democratic norms and economic stability.

#Trump #FederalReserve #InterestRates #EconomicPolicy #FinancialStability #PoliticalHumor #BudgetOverruns #JeromePowell #ConstructionTour #DemocracyMatters #InstaDaily #reels #economy

- Bloomberg by @usa.works

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a year ago

Is capitalism really crumbling? 🤔 Dr. Markovitz dives deep into "the meritocracy trap" and how it’s decimating the middle class, all while pushing inequality to new heights. 📉 With staggering stats like a CEO making 300 times more than a production worker and other professions seeing similar shifts, it’s clear we need to address this imbalance. Can we restore the American dream? Share your thoughts below! 💬

#capitalism #meritocracy #inequality #middleclass #finance #economics #wealthgap #society #personalfinance #workplacejustice #InstaDaily #reels #economy

- Mark Wlosinski | Money, Finance, and Investing by @usa.works

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Gas prices have risen since the Trump-Vance administration took office, and VP Vance was pressed on it directly during a CBS Town Hall in Michigan.

A moderator pointed out that Vance had previously described the increase as "a temporary blip" — and asked how long temporary actually is. Vance cited Iranian interference with commercial shipping as a factor, but didn't give a timeline for when prices would come down.

The exchange is a notable moment because Vance has been one of the administration's leading voices on energy costs — and the moderator's challenge was based on the administration's own record since January.

#GasPrices #EnergyPolicy #JDVance by @usa.works

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Cocaine prices have dropped during the Trump administration — even as enforcement has ramped up significantly.

David Frum, citing a Wall Street Journal report, points out that price is a straightforward signal of scarcity. If a crackdown is working, supply tightens and prices rise. Cocaine has moved in the opposite direction, becoming more affordable and more available over the Trump years, according to Frum — and this is happening against a backdrop of destroyed boats and lives lost in interdiction efforts. The question the price data raises is a concrete one: what has the enforcement cost actually bought?

Frum's argument isn't moral — he sets that aside explicitly. It's operational. The numbers suggest the supply chain has not been meaningfully disrupted.

#DrugPolicy #CocaineMarket #TrumpEnforcement by @usa.works

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Gas prices are rising again, and CBS's Tony Dokoupil pushed back on JD Vance during a live interview — pointing out that with nearly two years in office, the current administration now owns the economic conditions it inherited.

Vance argued that roughly 20% of U.S. refining capacity went offline under Biden and is still being restored, making the country more vulnerable to energy price shocks tied to Middle East instability and disruptions to commercial shipping. He also said he expects gas prices to fall once the current conflict ends — though that remains a projection, not a realized outcome.

Dokoupil noted that Vance called the gas price increase a "temporary blip" in March, in Michigan — and asked how long temporary actually lasts.

#GasPrices #EnergyPrices #USEconomy by @usa.works

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Trump's second-term corruption allegations now include a lawsuit against his own government for $10 billion, and a request for $230 million from the DOJ — in his own words, to "make a decision where I'm paying myself."

Separately, he promoted more than 20 companies on Truth Social shortly after buying their stock, typically right before making announcements that moved prices.

When CBS asked VP Vance directly whether he'd seen anything inside the White House that made him squeamish about corruption, Vance redirected to whether Trump's business interests had influenced his decision-making. CBS clarified that wasn't the question. Vance said he'd "never seen anything like that."

#TrumpCorruption #WhiteHouse #PoliticalAccountability by @usa.works

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Trump's son-in-law Jared Kushner and business partner Steve Witkoff are reportedly negotiating the sale of billions in Russian oil fields, refineries, and gas stations — with buyers that include an Emirati official who put $500 million into the Trump-Witkoff crypto venture and investors financing a Kushner resort project in Albania.

Senator Jon Ossoff says the U.S. government would take a 15% stake in the deal. Separately, Marco Rubio committed $1.6 billion in U.S. funds to back Trump family mining interests in Kazakhstan, and Pete Hegseth directed hundreds of millions in Pentagon money toward Don Jr.'s Magnet investment.

Ossoff closed with a direct warning to anyone involved: "Next year you'll be raising your right hand and swearing to tell the truth, the whole truth, and nothing but the truth, so help you God, in front of the United States Congress."

#RussianOil #JaredKushner #CongressionalOversight by @usa.works

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Rick Jackson's companies have received hundreds of millions in state contracts from Georgia — while he campaigns on eliminating healthcare middlemen.

Jackson, a Republican candidate for Georgia governor, has built a career in healthcare contracting. His pitch to voters centers on cutting out the intermediaries who drive up costs, but his own business record sits directly in that space.

The gap between the campaign message and the contracting history is what Georgia voters are weighing heading into the governor's race.

#GAGov #GeorgiaPolitics #HealthcareCosts by @usa.works

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Core inflation came in at 2.4% last month — and JD Vance says that's still too high.

That figure tracks prices excluding food and energy, and while it's down significantly from its peak, it remains above the Fed's 2% target. For households, the gap between that target and the current rate still shows up in everyday costs — groceries, rent, services.

The question isn't whether inflation has fallen — it has — but whether the pace of that decline is fast enough to matter at the checkout line.

#Inflation #Economy #CostOfLiving by @usa.works

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Keith Ellison cited 174 conflicts of interest against Minnesota AG Ron Kresha during a debate, pointing to stock holdings in Philip Morris, Eli Lilly, and ExxonMobil as cases where Kresha personally profits from companies the AG's office is actively suing.

The argument centers on whether a sitting attorney general can credibly pursue lawsuits against corporations he holds financial stakes in. Ellison specifically named tobacco litigation, Eli Lilly's insulin pricing practices, and ExxonMobil — a company the state of Minnesota itself holds roughly $500 million in.

The conflict-of-interest question here is concrete: can an AG aggressively litigate against companies that benefit his own portfolio?

#MinnesotaPolitics #AttorneyGeneral #ConflictOfInterest by @usa.works

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Stephen A. Smith attended the White House dinner as Bill Maher's guest — not by direct invitation from President Trump.

Maher led the conversation, covering several topics including Afghan translators needing protection, inflation, and the national debt. Trump's response on the economy, according to Smith's account, was that current pressures are temporary and that trillions of dollars are coming into the country — though no specific evidence or timeline was offered for that claim.

On Canada, Trump cited roughly $95 billion per year in trade imbalance and framed the tariff push as a fairness issue.

#StephenASmith #WhiteHouseDinner #BillMaher by @usa.works

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Trump claimed this week that inflation was 19% under Biden and is now 1.7% under his administration. Neither figure is accurate.

The most recent inflation data puts the current rate at around 3.7% — roughly double what Trump cited. The actual peak inflation rate during the Biden years was around 9%, recorded in mid-2022, not 19%. The gap between what Trump said and what the data shows is wide enough that analysts who have tried to trace where these figures come from have largely stopped trying.

Catherine Rampell, who has spent time reverse-engineering similar figures in the past, said of Trump's numbers: "I think he just makes it up."

#Inflation #EconomicData #TrumpEconomy by @usa.works

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