In this episode of “The Conversation,” Eli Okun, Bethany Irvine, and Ali Bianco discuss the ongoing humanitarian crisis in Gaza, how the Democratic Party can rebuild its coalition without reinforcing right-wing framing over “culture war” issues, and why her pursuit of bipartisan legislation is in part a direct response to President Donald Trump. The conversation also covers the ongoing humanitarian crisis in Gaza, how the Democratic Party can rebuild its coalition without reinforcing right-wing framing over “culture war” issues, and why her pursuit of bipartisan legislation is in part a direct response to President Donald Trump.
The economy has been dwindling, with job gains dwindling, inflation ticking upward, and growth slowing compared with last year. The Trump economy has arrived, Commerce Secretary Howard Lutnick said on Wednesday. Trump has made public policy and his own norm-busting behavior the primary variables affecting the $30 trillion U.S. economy, making Washington the focus of business and investment decision-making.
Companies are shifting more tariff-related costs onto consumers, as they are running out of options to keep prices stable in the face of deteriorating profit margins. The inflationary effects of Trump’s tariffs have been muted thus far, but economists cite several reasons for that limited impact. A new economic divide is widening in the US economy as the biggest banks and technology groups shrug off Trump’s tariffs to post huge earnings gains while consumer-facing companies struggle with rising costs.
