#Tag
"... if we want affordable food, we need non-market solutions: export bans, domestic quotas, price regulation. Otherwise, if farmers aren't going to feed us, we have no reason to permit their industry to exist - and certainly no reason to continue to subsidise them with free water and free pollution and free emissions."
@norightturnnz, 2025
https://norightturn.blogspot.com/2025/11/more-unaffordable-food.html
Preach.
“People are feeling a squeeze across the board, but what’s even more alarming is that we’re seeing people struggling to pay for these very, very basic necessities,” said Julie Margetta Morgan, president of the Century Foundation, a liberal think tank. “ #Electricity is not a luxury; it isn’t optional.”
#economy #affordability #CostOfLiving #Trump #inflation #recession #trumpcession
Nearly 1 in 20 households, or about 14 million Americans, were so behind on #utility #debt that it was reported to collections agencies or in arrears as of June, according to an analysis by the Century Foundation & Protect Borrowers, a nonprofit that advocates for consumers. Meanwhile, the average overdue balance of $789 has risen 32% since 2022.
#economy #affordability #CostOfLiving #electricity #Trump #inflation #recession #trumpcession
#Utility #prices have risen roughly 3X faster than overall #inflation this year, at a precarious time for the #economy. Businesses are announcing #MassLayoffs, & it’s taking #unemployed Americans much longer to find new #work. There are also signs that lower- & middle-class families are pulling back on spending.
#affordability #CostOfLiving #Trump #recession #trumpcession
“People are feeling a squeeze across the board, but what’s even more alarming is that we’re seeing people struggling to pay for these very, very basic necessities,” said Julie Margetta Morgan, president of the Century Foundation, a liberal think tank. “ #Electricity is not a luxury; it isn’t optional.”
#economy #affordability #CostOfLiving #Trump #inflation #recession #trumpcession
Overall, Americans are paying 11% more for #electricity than they were in January, though that number varies widely: Costs have risen 37% in Missouri but have fallen in 3 states by as much as 13%, #NEADA found.
“With prices going up so rapidly, electricity is becoming #unaffordable in many parts of the country,” said Mark Wolfe, an #energy economist & exec dir of NEADA. “And it isn’t just lower-income households anymore; it’s spilling into the middle class.”
#Utility #prices have risen roughly 3X faster than overall #inflation this year, at a precarious time for the #economy. Businesses are announcing #MassLayoffs, & it’s taking #unemployed Americans much longer to find new #work. There are also signs that lower- & middle-class families are pulling back on spending.
#affordability #CostOfLiving #Trump #recession #trumpcession
"Three recent national polls now have Trump in the 30s, and his disapproval in the 60s....
Reuters/Ipsos 38%-60% (-22)
CNN/SRSS 37%-63% (-26)
AP/NORC 36%-62% (-26)
The thrill is gone, baby."
~ Simon Rosenberg
#Trump #Epstein #economy #ApprovalRating #polls
/1
https://bsky.app/profile/did:plc:joadp2oerpu26csiypf25dvv/post/3m5wtf7th2s2r
"A new Marquette poll shows he has actually dropped to 28% approval on the issue of inflation and cost of living."
~ Jay Kuo
#Trump #Epstein #economy #ApprovalRating #polls #housing #CostofLiving #inflation
/2
https://thinkbigpicture.substack.com/p/week-progressive-wins-november-23
Demand for UK Food Bank Up 15% Year on Year
#HackerNews #FoodBankDemand #CostOfLiving #CrisisUK #FoodInsecurity #SocialIssues #CommunitySupport
One way to see the impact is to track #inflation over the past year. As the effects of the pandemic have worn off, the pace of price increases declined from an annual rate of 3% in January to 2.3% in April. Then, as #Trump’s policies started to take effect, inflation rebounded to 3%. “In some ways, this administration could have come in & done nothing & made progress on inflation,” said Claudia Sahm, a longtime #FederalReserve economist who now works at New Century Advisors, an investment firm.
“But the policies they’ve chosen have created extra costs for businesses, & businesses tend to pass on costs,” Sahm added.
The cost of #Trump’s policies is likely to increase in the coming months.
His most inflationary policy is his campaign to build a wall of #tariffs around the US #economy. Tariffs are #taxes on imports, & they are *initially* paid by the businesses that bring goods into the #US.
#FactCheck #TrumpLies #inflation #affordability #CostOfLiving #recession #trumpcession
Reuters Exclusive: #Trump approval falls to lowest of his term over prices & #EpsteinFiles, Reuters/Ipsos poll finds
Trump's approval rating fell to 38%, the lowest since his return to power, with Americans unhappy about his handling of the #CostOfLiving & the investigation into #Epstein.
#affordability #economy #law #criminal #rape #ChildSexCrimes #felon47 #RapistInChief
https://www.reuters.com/world/us/trump-approval-falls-lowest-his-term-over-prices-epstein-files-reutersipsos-poll-2025-11-18/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
Reuters Exclusive: #Trump approval falls to lowest of his term over prices & #EpsteinFiles, Reuters/Ipsos poll finds
Trump's approval rating fell to 38%, the lowest since his return to power, with Americans unhappy about his handling of the #CostOfLiving & the investigation into #Epstein.
#affordability #economy #law #criminal #rape #ChildSexCrimes #felon47 #RapistInChief
https://www.reuters.com/world/us/trump-approval-falls-lowest-his-term-over-prices-epstein-files-reutersipsos-poll-2025-11-18/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
Nottingham City Council declared itself an ‘apartheid-free zone’ and commited to support divestment during a meeting on Wednesday.
24/
#FreePalestine #UKPolitics #BoycottIsrael #GlobaliseTheIntifada
On Friday in Pristina, the RTK union held its second protest in front of the RTK-1 building, demanding improved wages.
25/
#JoinAUnion #WelfareNotWarfare #CostOfLiving #GlobaliseTheIntifada
They bought #HealthInsurance promoted by #Trump. Then they needed surgery.
The cheap #health #insurance promoted by Trump officials has a catch.
Some states have banned “short-term” insurance plans with limited coverage, & consumer advocates have warned of the drawbacks.
#law #scammers #affordability #healthcare #HealthcareCrisis #CostOfLiving #economy #HealthyIfYoureWealthy #Aporophobia #SocialCleansing #EconomicDiscrimination #plutocracy #policy #USpol
https://wapo.st/4oRpNtt
They bought #HealthInsurance promoted by #Trump. Then they needed surgery.
The cheap #health #insurance promoted by Trump officials has a catch.
Some states have banned “short-term” insurance plans with limited coverage, & consumer advocates have warned of the drawbacks.
#law #scammers #affordability #healthcare #HealthcareCrisis #CostOfLiving #economy #HealthyIfYoureWealthy #Aporophobia #SocialCleansing #EconomicDiscrimination #plutocracy #policy #USpol
https://wapo.st/4oRpNtt
…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump
In the Oct 11 message to Smith, Evans, the #FannieMae #mortgage executive, also added others to the email chain because they “were involved with this week’s efforts to compile this information” & he wanted to “make sure you do not exacerbate this issue.”
Danielle McCoy, Fannie Mae’s general counsel, weighed in, adding that the information Smith provided to #FreddieMac should “never be shared” & “could put the company at risk.”
Others who were part of the email chain included Almodovar, the CEO; COO Peter Akwaboah; Devang Doshi, a snr VP for capital markets; & John Roscoe, a #BillPulte loyalist & fmr #Trump White House aide, who served as #FannieMae’s executive VP of PR & operations.
Days later, Almodovar, McCoy & Evans…were out of a job. Meanwhile, Roscoe was promoted to co-president of the company, while Akwaboah was named acting CEO.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap
The 3 competing roles present the potential for a #ConflictOfInterest that is detailed in emails reviewed by AP. Like many matters of public policy in Trump’s Washington, it appears to have begun with a social media post.
In October, #Trump criticized the homebuilding industry….
“They’re sitting on 2 million empty lots, A RECORD,” Trump posted to his social media…. “I’m asking #FannieMae & #FreddieMac to get Big Homebuilders going.”
“On it,” #BillPulte posted in response on X.
…Soon, a team at #FannieMae was overseeing an effort to pull together a tranche of #mortgage data, according to emails reviewed by the AP. Smith played a central role and shared the #confidential lender-level pricing information with #FreddieMac, which set off alarms at both companies, according to the emails.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #BillPulte #Trump
…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump
#BillPulte ’s power over the #mortgage lending industry is unusual. Not long after his #Senate confirmation, he appointed himself chairman of both #FannieMae & #FreddieMac, which hold trillions of dollars in assets. The companies serve as a crucial backstop for the home lending industry by buying up mortgages from individual lenders, which are packaged together & sold to investors.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump
…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump
Since his appointment to lead the FHFA, #BillPulte has sought to ingratiate himself with #Trump. The 37-yr-old scion of a homebuilding company fortune, Pulte has cultivated a reputation as a hyper-online millennial with a thirst for recognition & a desire to please Trump. He & his wife also donated about $1 million to Trump’s campaign….
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap
#BillPulte also has focused on large home #construction companies, which have drawn #Trump’s ire. Pulte requested #confidential #FannieMae #data & has publicly signaled that he is considering a crackdown if the companies do not increase construction volume.
“I’m looking at the Fannie Mae builder data & with the top three homebuilders we buy EASILY over $20 billion in THEIR LOANS!” he posted to X in early October.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap
In June, #BillPulte ordered #FannieMae & #FreddieMac to prepare a proposal for the firms to accept #cryptocurrency, another industry #Trump has boosted, as part of the criteria for buying mortgages from #banks. Last week, he persuaded Trump about the allure of a 50-year #mortgage as a way to increase home buying & building—a proposal that was widely criticized because it would drastically increase the overall price of a #loan.
#law #scammers #housing #HousingCrisis #affordability #CostOfLiving
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