Banter and Bureaucracy: Economic Insights

Following a weaker than expected jobs report today, President Trump said he’ll fire the head of the Bureau of Labor Statistics, claiming the data was rigged. It’s an unprecedented move with potentially enormous consequences for our understanding of the U.S. economy. We’ll explain. And, we’ll get into how Trump’s tariffs are destabilizing economies across globe. Plus, we’ll weigh in on tariff “rebates” and pricier desserts during a round of Half Full/Half Empty!

Here’s everything we talked about today:

• "The full list of Trump’s tariffs – from India to Taiwan" from The Guardian 
• "‘There’s no work now, just debt’: Cambodian garment workers face precarious future as US tariffs loom" from The Guardian 
• "Tariffs Bring Disaster In Lesotho, the Country That Trump Says Nobody’s Heard Of" from The Wall Street Journal 
• "85 percent of parents worry about tariffs affecting back-to-school cost: Survey" from The Hill 
• "Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets" from CNBC
• "Big Downward Jobs Revisions Could Be a Warning Sign for the Economy" The New York Times
• "Private equity tees up to invest in youth sports" from Marketplace
• "NYC’s Luxury Dessert Scene Is Booming and Higher Priced Than Ever" from Eater
• "Subscription-based children's magazines are revitalizing the genre" from Marketplace
• "GOP senators reject Trump’s pitch to use tariff revenue for ‘rebates’" from The Washington Post

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