This was interesting in the news today...

Published

https://www.npr.org/2023/02/16/1157480905/spain-menstrual-leave-teen-abortion-trans-laws

Quote

The abortion law builds on legislation passed in 2010 that represented a major shift for a traditionally Catholic country, transforming Spain into one of the most progressive countries in Europe on reproductive rights. Spain's constitutional court last week rejected a challenge by the right-wing Popular Party against allowing abortions in the first 14 weeks of pregnancy.

The debate will be heated in Spain, I imagine, as the conservative opposition pushes back. My daughter had horrible menstrual pain during her adolescence and young adulthood.  I'm certain that she would have benefitted from that time. 

Specializes in CRNA, Finally retired.
toomuchbaloney said:

https://www.nbcnews.com/politics/justice-department/justice-department-investigating-whether-dc-police-manipulated-crime-d-rcna225886

Jeanine Pirro's office is investigating whether DC police played some games with crime data. Yep. The same Jeanine Pirro that was complicit in a huge defamation lawsuit for her last employer because she knowingly made stuff up to forward Trump lies. 

I'd say that Jeanine Pirror definitely knows what manipulating data and lying for an agenda look like.  This should be a slam dunk. 

She was a willing  grifting student from her husband Al, before he went to prison.  Since she was  DA of Westchester County at the time, I'm sure she knew exactly who her husband was.

 

Specializes in NICU, PICU, Transport, L&D, Hospice.

https://www.politico.com/news/2025/08/19/exclusive-white-house-eyes-budapest-for-peace-talks-with-zelenskyy-and-putin-00514596

Hahaha

Budapest. Did Trump forget that the agreement that Putin broke was penned in Budapest?  

Specializes in NICU, PICU, Transport, L&D, Hospice.
Specializes in CRNA, Finally retired.
toomuchbaloney said:

Since the FDA is under RFK and the vaccine contains RNA, I wonder if "they" will attempt to keep it off the market with misinformation.  

Specializes in NICU, PICU, Transport, L&D, Hospice.
subee said:

Since the FDA is under RFK and the vaccine contains RNA, I wonder if "they" will attempt to keep it off the market with misinformation.  

What are the odds? 

Specializes in NICU, PICU, Transport, L&D, Hospice.

Fed Chair Warns the Economy Is Even Worse Than We Realized

Powell says that he expects the price increases to "accumulate" over the coming months.  No wonder Trump wants to replace him.  Powell just refuses to tell a Trump friendly story about the economy.  

Specializes in Med-Surg.
toomuchbaloney said:

Fed Chair Warns the Economy Is Even Worse Than We Realized

Powell says that he expects the price increases to "accumulate" over the coming months.  No wonder Trump wants to replace him.  Powell just refuses to tell a Trump friendly story about the economy.  

Apparently some of the economists meeting in Norway are not confident in the US economy either.

https://www.cnbc.com/2025/08/24/global-week-ahead-trumps-nobel-dreams-meet-economic-reality.html

But if news comes out that you don't like you just fire the source and continue with your narratives.

https://www.bbc.com/news/articles/c2dj217z2w6o

Specializes in Med-Surg.

Speaking of the economy.

I personally haven't changed my spending habits this year and because of the hurricane had some huge expenses on home improvement that dipped into my emergency funds but was fortunate to have to not get into debt.  But my day to day spending habits haven't changed.

I also got a raise along with my promotion earlier in the year and this fueled no changes in spending or savings. I also am renting a room to a friend and he pays more than the cost of having him here.  He's leaving in a couple of months so I might have to make adjustments then.   I imagine not everyone is in that position.  

I do hope that for the long term the economy does adjust.  

Quote

Consumer spending has largely stayed strong so far and the pinch from higher duties hasn't been as severe as some companies had feared.

Scot Ciccarelli, a retail analyst for Truist, said retailers are raising prices "but not nearly to the degree that might have been expected in early April.”

Yet Walmart said it's seen price sensitivity with some lower-income shoppers and Crocs reduced orders for the back half of the year.

https://www.cnbc.com/2025/08/22/retail-earnings-walmart-target-home-depot-discuss-tariffs.html

Specializes in NICU, PICU, Transport, L&D, Hospice.
Tweety said:

Apparently some of the economists meeting in Norway are not confident in the US economy either.

https://www.cnbc.com/2025/08/24/global-week-ahead-trumps-nobel-dreams-meet-economic-reality.html

But if news comes out that you don't like you just fire the source and continue with your narratives.

https://www.bbc.com/news/articles/c2dj217z2w6o

I will believe Stiglitz before I will believe anyone speaking on behalf of the Trump administration.  

Tweety said:

Apparently some of the economists meeting in Norway are not confident in the US economy either.

https://www.cnbc.com/2025/08/24/global-week-ahead-trumps-nobel-dreams-meet-economic-reality.html

Some economists?  The article mentions one statement from one.  I'd like to know why he thinks the US is a "scary" place to invest?  

That economist has been bad mouthing Trump since at least 2016.  If I recall, the Trump economy did pretty well the first time around.

Another poster shared an article about how per the New Republic headline the Fed Chair thinks the "economy is even worse than we thought".  While the article did speak of concerning things about the economy,  he didn't come close to saying "it's worse than we thought".

It seems some here are projecting when they speak of conservatives who consume nothing but biased, propagandist news sources.

Specializes in NICU, PICU, Transport, L&D, Hospice.

Stiglitz is a nobel laureate economist who believes that Trump's fixation and erratic behavior regarding tariffs and international trade agreements makes the investment environment in the USA unstable, risky, and scary.  It's easy to discover his thoughts on the topic, they've been shared in these threads before.  Projection isn't necessary when the evidence supports the thinking that is shared in the threads.  

https://www.theguardian.com/business/2025/feb/17/joseph-stiglitz-economist-donald-trump-policies-tariffs-stagflation-risk-us-investment#:~:text=“If you're a corporate,from a global trade war.

 

 

Specializes in Med-Surg.
Beerman said:

Some economists?  The article mentions one statement from one.  I'd like to know why he thinks the US is a "scary" place to invest?  

That economist has been bad mouthing Trump since at least 2016.  If I recall, the Trump economy did pretty well the first time around.

Another poster shared an article about how per the New Republic headline the Fed Chair thinks the "economy is even worse than we thought".  While the article did speak of concerning things about the economy,  he didn't come close to saying "it's worse than we thought".

It seems some here are projecting when they speak of conservatives who consume nothing but biased, propagandist news sources.

That's fair and I misrepresented the economists there.  My statement was based on some reading besides that but am about to leave and won't bother sourcing because by the time I post it, the information will be outdated and I need to head out.

Contrary to popular belief liberals want the economy to be succeed but it is hard to sift through what is propaganda and what is truth.  Well, not really, as I tend to be reality based even if I "misspoke".  LOL

And I don't think I source propaganda.  Of course something people, even on this forum have listed every source other than Fox News as fake news left wing communist propaganda.  

Despite it all, my feeling is the US still has the strongest economy in the world right now.  I hope for that, my future depends on it.  I also think generally investors are still thinking the US is a good place for long term investments.  

But one can find an opinion to back themselves either way.  As the economy chugs along economists seem to flipflop almost weekly in their predictions of inflation, recession, growth, booming stock market, great economy, bad economy.  

Again, I have posted good economic news and just did in another post.

https://fortune.com/2025/08/03/economic-outlook-recession-warning-zandi-jobs-report-fed-rate-cuts/

https://www.goldmansachs.com/insights/articles/the-us-economy-is-poised-to-beat-expectations-in-2025\

Google AI can summarize what I've read about European economists.

Quote

Major European and international economic bodies have expressed concern about the US economy's outlook for 2025 due to trade uncertainty, inflationary pressures, and fiscal policies

. These factors risk slowing down the US economy and potentially causing global market disruptions. 

Rising trade barriers and uncertainty

A primary cause of concern for European economists is the new US administration's protectionist trade policies, which include widespread tariff proposals. 

The European American Chamber of Commerce (EACC) reports an unprecedented decline in European companies' confidence in the US market, prompting many to delay or halt investments.

The International Monetary Fund (IMF) and other financial bodies downgraded their 2025 US growth forecasts following the announcement of new tariffs, citing the potential for disruptions to global trade.

Some tariffs, including those on imports from the European Union, are already contributing to slower global growth and dampening trade volumes. 

Mounting inflationary pressures

European economists point to US trade policies as a catalyst for renewed inflation in the American economy, complicating the Federal Reserve's ability to lower interest rates. 

Costly tariffs: Tariffs act as a tax on imported goods and are expected to push up costs for US businesses and consumers. This can fuel inflation, undermining consumer purchasing power and economic stability.

Sticky inflation: Even before new tariffs, inflation had proven persistent in certain sectors. Economists worry that rising import costs from tariffs could further embed price pressures, making it more difficult for the Fed to reach its inflation target. 

Growing fiscal deficits and policy shifts

Large US fiscal deficits, compounded by campaign pledges for new tax cuts, have been another cause of concern for international financial analysts. 

Debt sustainability: The IMF has warned that the rising US debt-to-GDP ratio is a risk to both the domestic and global economy.

Policy uncertainty: European economists have pointed out that unpredictable fiscal and trade policies can weaken business and consumer confidence, delaying investment and slowing growth.

Crowding out investment: Record levels of US government debt and high long-term interest rates increase borrowing costs, which can reduce private sector investment. 

Broader economic context

The issues affecting US confidence also affect the global economy, of which Europe is a major player.

Slower growth ahead: While the US economy demonstrated resilience in 2024, analysts expect a slowdown in 2025. Trade conflicts, a tightening labor market, and elevated interest rates could collectively dampen employment, investment, and consumption.

Fragile growth: Growth is increasingly concentrated in a narrow base of large firms and high-income consumers. This makes the overall expansion more vulnerable to shocks, especially in an environment of increasing policy uncertainty. 

 

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