Robot Jazz

  'Trump Reinvents the Wheel' by Ideogram It's another torturous day of summer - 95°F as I write this at 5:40 PM - so I am finding it hard to focus on what to write about today.  I guess I will just see where I wind up! 🌞🌞🌞🌞🌞 As expected, the recent economic data from the Commerce Department shows that the economy is slowing down due to the Trump administration's chaotic and antediluvian economic policy. As the New Zork Times reports: Economic growth softened in the first half of the year, as tariffs and uncertainty upended business plans and scrambled consumers’ spending decisions. Gross domestic product, adjusted for inflation, increased at a 3 percent annual rate in the second quarter, the Commerce Department said on Wednesday. That topped forecasters’ expectations and appeared to represent a strong rebound from the first three months of the year, when output contracted at a 0.5 percent rate. But both those figures were skewed — in opposite directions — by big s...

  So, how are you doing America? Enjoying all that winning? As NBC News reports: The U.S. economy contracted 0.3% in the first quarter of 2025, the first negative reading since 2022, according to an initial measurement released Wednesday by the Commerce Department. The decline in gross domestic product was fueled by a massive surge in imports, while other parts of the U.S. economy showed signs of slowing. Consumer spending climbed 1.8%, the weakest pace since mid-2023. The report also showed inflation remained firm. But, as long as it brings down those egg prices, right? Oh... Retail egg prices, or the prices paid by shoppers, have climbed over the early months of Trump’s term, meaning household budgets have been slammed by worsening egg costs, the economists said. 🔻🔻🔻🔻🔻 The sad thing is that I know how the worsening economic picture under Trump will play out. Indeed, I got a glimpse of this recently when an acquaintance complained about the price of eggs but blamed it on Bide...