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#economics

560 posts193 participants72 posts today

A good read. Rep Khanna “explains why the upheaval of federal agencies is ineffective and a pretext for tax cuts for the rich.”

How I Am Standing Up to DOGE:

prospect.org/politics/2025-03-

“Elon Musk and DOGE are not making the government more efficient or effective—they are breaking it without any rational plan.” “Instead of focusing on areas of actual waste, ...the administration is attacking the working class while pursuing tax breaks for the ultra-rich.”

Useful data. The analysis and resulting scores could be more sophisticated, but timely and worth a look in any event — looming Government shutdown, elimination of grant and other funding, evisceration of employment, etc. Single government, 50 different impacts:

"Most & Least Federally Dependent States in 2025"
wallethub.com/edu/states-most-
#USpol #USpolitics #economics

WalletHubMost & Least Federally Dependent States in 2025Most & Least Federally Dependent States in 2025

I know I sound like a broken record, but reading comments today on the slight drop in UK GDP in January, I've seen:

cost pressures allied to employers NI rises;

cost pressures due to changes international markets;

rising energy prices;

new green levies.

But when interest rates are mentioned we're led to believe that's about market views of UK public debt.

Why isn't anyone mentioning the explicit policy of the BoE to engineer a recession to 'control' inflation?

#HeadInMyHands
#economics