![\"The](\"https:\/\/kewus.net\/yesterday\/wp-content\/uploads\/2026\/09\/The-biggest-problem-facing-the-U.S.-economy-right-now-is-Trump.webp\" "\\"The")
<\/a><\/p>\nTony Romm, Colby Smith @ NY Times<\/em><\/small>:
\nTrump Threatens to Halt Some Trade Unless the Fed Cuts Rates<\/a><\/h2>\nRobert Reich<\/small>:
\nThe biggest problem facing the U.S. economy right now is Trump<\/a><\/h2>\nThe Labor Department reported this morning that the United States added 162,000 jobs in August. That\u2019s more than expected, especially given how few jobs the country has added over the last few months.<\/p>\n
But I want to let you in on a little secret (which shouldn\u2019t be secret): Monthly jobs reports are now barely worth the paper they\u2019re printed on, because the Bureau of Labor Statistics has so little experience dealing with a labor market suddenly depleted by Trump\u2019s mass deportations and the almost-as-sudden retirement of the giant boomer generation. In other words, much of what the BLS is now trying to do relies on pure guesswork.<\/p>\n
But there are three real reasons to be concerned:<\/p>\n
\n- Wages.<\/em> Prices continue to rise faster than wages \u2014 which means most Americans are getting poorer. …\n
- Job stagnation.<\/em> Another concern I have is that while employers aren\u2019t firing many workers, they\u2019re also not hiring. A low-hire, low-fire labor market doesn\u2019t create opportunities for advancement. It\u2019s also difficult for young people to get into.\n
- Trump.<\/em> He\u2019s interfering in the jobs market and the economy in ways that will make things worse. Bad enough that he\u2019s waging a costly war in Iran and imposing costly tariffs around the world \u2014 both of which are driving up prices.\n
He\u2019s also making really, really stupid threats. … The very notion of ending trade with all countries from whom we buy more than we sell \u2014 a very large portion of the world \u2014 is absurd.\n<\/ol>\n
(Robert Reich more…)<\/small><\/small><\/a>
\n<\/p>\n
\n\n![\"Vessels](\"https:\/\/kewus.net\/yesterday\/wp-content\/uploads\/2026\/09\/reuters_6a996041-1788436545.webp\" "\\"Vessels")
<\/a><\/p>\n- \n
Georgia Gilholy @ National Security Journal<\/em><\/small>:
\nTrump Has a New Strait of Hormuz Problem: The Number of Ships Getting Out Is Starting to Drop Fast<\/a><\/h2>\nIran Is Starting to Look Like One Big Crisis<\/a><\/h2>\nStephen Quillen @ Al Jazeera<\/em><\/small>:
\nTrump says the US is helping around 30 ships cross the waterway daily, but ship-tracking data suggests the number is far fewer.<\/a><\/h2>\nLucian Staiano-Daniels @ Foreign Policy<\/small>:
\nAfter Hormuz, global waterways will return to being sites of bloody contention.<\/a><\/h2>\n
\n- \n
Drilled News<\/em><\/small>:
\nNepal Floods Put Climate Loss and Damage Fund to the Test<\/a><\/h2>\n
\n![\"An](\"https:\/\/kewus.net\/yesterday\/wp-content\/uploads\/2026\/09\/Devighat-Bidur-Municipality-in-Nepals-Nuwakot-district-on-August-27-2026.jpg\" "\\"An")
<\/a>
\n<\/center>
\n…
\nThe Fund was operationalized at COP28 in Dubai where various countries pledged around $850 million. But only about 50% of the money has been put into the fund. If we remove operational costs and secretariat costs, the fund has only about $350 million for its program, called Barbados Implementation Modalities, to support countries. So far, the applications by developing countries to access the fund have been overwhelming\u2014it stands at about $2.8 billion. And until now, no money has actually been provided for program-related work. Nepal also has a pending application for a flooding disaster from a few years ago. …
\n(Drilled News<\/em> more…)<\/small><\/small><\/a><\/p>\n
\n- \n
Em Knepp<\/small>:
\nICE is creating infrastructure designed to outlast the current administration<\/a><\/h2>\n
\n- \n
Heather Delaney Reese<\/small>:
\nWhen Donald Trump\u2019s cruelty hits home<\/a><\/h2>\n
\n
\nThe biggest problem facing the U.S. economy right now is Trump<\/a><\/h2>\n
The Labor Department reported this morning that the United States added 162,000 jobs in August. That\u2019s more than expected, especially given how few jobs the country has added over the last few months.<\/p>\n
But I want to let you in on a little secret (which shouldn\u2019t be secret): Monthly jobs reports are now barely worth the paper they\u2019re printed on, because the Bureau of Labor Statistics has so little experience dealing with a labor market suddenly depleted by Trump\u2019s mass deportations and the almost-as-sudden retirement of the giant boomer generation. In other words, much of what the BLS is now trying to do relies on pure guesswork.<\/p>\n
But there are three real reasons to be concerned:<\/p>\n
- \n
- Wages.<\/em> Prices continue to rise faster than wages \u2014 which means most Americans are getting poorer. …\n
- Job stagnation.<\/em> Another concern I have is that while employers aren\u2019t firing many workers, they\u2019re also not hiring. A low-hire, low-fire labor market doesn\u2019t create opportunities for advancement. It\u2019s also difficult for young people to get into.\n
- Trump.<\/em> He\u2019s interfering in the jobs market and the economy in ways that will make things worse. Bad enough that he\u2019s waging a costly war in Iran and imposing costly tariffs around the world \u2014 both of which are driving up prices.\n
He\u2019s also making really, really stupid threats. … The very notion of ending trade with all countries from whom we buy more than we sell \u2014 a very large portion of the world \u2014 is absurd.\n<\/ol>\n
(Robert Reich more…)<\/small><\/small><\/a>
\n<\/p>\n
\n- \n
- \n
Georgia Gilholy @ National Security Journal<\/em><\/small>:
\nTrump Has a New Strait of Hormuz Problem: The Number of Ships Getting Out Is Starting to Drop Fast<\/a><\/h2>\nIran Is Starting to Look Like One Big Crisis<\/a><\/h2>\n
Stephen Quillen @ Al Jazeera<\/em><\/small>:
\nTrump says the US is helping around 30 ships cross the waterway daily, but ship-tracking data suggests the number is far fewer.<\/a><\/h2>\nLucian Staiano-Daniels @ Foreign Policy<\/small>:
\nAfter Hormuz, global waterways will return to being sites of bloody contention.<\/a><\/h2>\n
\n- \n
Drilled News<\/em><\/small>:
\nNepal Floods Put Climate Loss and Damage Fund to the Test<\/a><\/h2>\n
\n<\/a>
\n<\/center>
\n…
\nThe Fund was operationalized at COP28 in Dubai where various countries pledged around $850 million. But only about 50% of the money has been put into the fund. If we remove operational costs and secretariat costs, the fund has only about $350 million for its program, called Barbados Implementation Modalities, to support countries. So far, the applications by developing countries to access the fund have been overwhelming\u2014it stands at about $2.8 billion. And until now, no money has actually been provided for program-related work. Nepal also has a pending application for a flooding disaster from a few years ago. …
\n(Drilled News<\/em> more…)<\/small><\/small><\/a><\/p>\n
\n- \n
Em Knepp<\/small>:
\nICE is creating infrastructure designed to outlast the current administration<\/a><\/h2>\n
\n- \n
Heather Delaney Reese<\/small>:
\nWhen Donald Trump\u2019s cruelty hits home<\/a><\/h2>\n
\n - \n
<\/a><\/p>\n - Job stagnation.<\/em> Another concern I have is that while employers aren\u2019t firing many workers, they\u2019re also not hiring. A low-hire, low-fire labor market doesn\u2019t create opportunities for advancement. It\u2019s also difficult for young people to get into.\n