Understanding the migratory response to hurricanes and tropical storms in the USA
https://www.nature.com/articles/s41562-025-02281-8
https://redd.it/1o0qfd2
@r_econ
https://www.nature.com/articles/s41562-025-02281-8
https://redd.it/1o0qfd2
@r_econ
Nature
Understanding the migratory response to hurricanes and tropical storms in the USA
Nature Human Behaviour - Population-weighted exposure to tropical storms and hurricanes increased in the USA between 1992 and 2017. The attractions of high-risk areas currently outweigh incentives...
Nearly 70% of Americans think the economy is on the ‘wrong track’ and it's a bad time to buy a home, Fannie Mae survey shows
https://fortune.com/2025/10/07/is-it-good-bad-time-to-buy-house-housing-market-economy-wrong-track/
https://redd.it/1o0pv1b
@r_econ
https://fortune.com/2025/10/07/is-it-good-bad-time-to-buy-house-housing-market-economy-wrong-track/
https://redd.it/1o0pv1b
@r_econ
Fortune
Nearly 70% of Americans think the economy is on the ‘wrong track’ and it's a bad time to buy a home, Fannie Mae survey shows |…
Americans are short on hope about the housing market.
Leaked memo shows Trump plans to stiff 750k shutdown workers
https://www.rawstory.com/trump-2674161155/I%E2%80%99m
https://redd.it/1o0otir
@r_econ
https://www.rawstory.com/trump-2674161155/I%E2%80%99m
https://redd.it/1o0otir
@r_econ
America saw ‘essentially no job growth’ last month, Moody’s warns
https://thehill.com/business/5542223-america-job-growth-moodys-prediction/
https://redd.it/1o0g4si
@r_econ
https://thehill.com/business/5542223-america-job-growth-moodys-prediction/
https://redd.it/1o0g4si
@r_econ
The Hill
America saw ‘essentially no job growth’ last month, Moody’s warns
Economists are in the dark due to the government shutdown, but private data has offered some clues. It’s not great news.
Governor Abbot Boycott of Public Companies HQ in Texas until Texas NG withdrawn from Oregon and Illinois
https://redd.it/1o0xf0q
@r_econ
https://redd.it/1o0xf0q
@r_econ
OMB deletes reference to law guaranteeing backpay to furloughed feds from shutdown guidance
https://www.govexec.com/pay-benefits/2025/10/omb-deletes-reference-law-guaranteeing-backpay-furloughed-feds-shutdown-guidance/408645/
https://redd.it/1o0xd7z
@r_econ
https://www.govexec.com/pay-benefits/2025/10/omb-deletes-reference-law-guaranteeing-backpay-furloughed-feds-shutdown-guidance/408645/
https://redd.it/1o0xd7z
@r_econ
Government Executive
OMB deletes reference to law guaranteeing backpay to furloughed feds from shutdown guidance
An Office of Management and Budget FAQ document now states that only excepted employees forced to work without pay are guaranteed backpay at the conclusion of a lapse in appropriations.
Media is too big
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ICE stops a family at gunpoint & smashes their car window over a newborn baby
https://redd.it/1o17jtb
@r_econ
https://redd.it/1o17jtb
@r_econ
The Death of Partying in the U.S.A.—and Why It Matters
https://www.derekthompson.org/p/the-death-of-partying-in-the-usaand
https://redd.it/1o12vaf
@r_econ
https://www.derekthompson.org/p/the-death-of-partying-in-the-usaand
https://redd.it/1o12vaf
@r_econ
www.derekthompson.org
The Death of Partying in the U.S.A.—and Why It Matters
Young Americans today spend 70 percent less time attending or hosting parties than they did at the beginning of the 21st century. Why?
Trump Slashes $8 Billion From Blue States That Didn’t Vote for Him
https://www.azexpress.net/en/news/837/trump-slashes-8-billion-from-blue-states-that-didnt-vote-for-him
https://redd.it/1o1b25m
@r_econ
https://www.azexpress.net/en/news/837/trump-slashes-8-billion-from-blue-states-that-didnt-vote-for-him
https://redd.it/1o1b25m
@r_econ
www.azexpress.net
Trump Slashes $8 Billion From Blue States That Didn’t Vote for Him - AzExpress
President Donald Trump is escalating his shutdown standoff with Democrats by cutting off billions in federal funding to states that refused to support him in 2024 — a move critics are calling blatant political retribution.
Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says
https://fortune.com/2025/10/07/data-centers-gdp-growth-zero-first-half-2025-jason-furman-harvard-economist/
https://redd.it/1o1buza
@r_econ
https://fortune.com/2025/10/07/data-centers-gdp-growth-zero-first-half-2025-jason-furman-harvard-economist/
https://redd.it/1o1buza
@r_econ
Fortune
Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says | Fortune
Is a U.S. without data centers a country without GDP growth?
Media is too big
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JD asks why undocumented immigrants can get treatment at emergency rooms and blaming democrats for government shutdown
https://redd.it/1o1b4uh
@r_econ
https://redd.it/1o1b4uh
@r_econ
There are 45,000 US flights a day. Air traffic controllers are calling in sick. Can anyone do the math on this economic impact?
https://preview.redd.it/u1ik3zmufvtf1.jpg?width=2048&format=pjpg&auto=webp&s=f2313a859e035fc6fb56692c2d3a23f537237dae
Photo above - hey kid, I told you . . . go back to your seat. We won't be landing until a week from Sunday because the air traffic controllers all called in sick . . . (screen shot courtesy of the film "Airplane")
If anything has the potential to short circuit the government shutdown, it's the air traffic controllers calling in sick. I confess I didn’t see this coming. They probably didn’t either, until Trump told them they were working without pay until the shutdown was over. And THEN added that back pay owed to them during the shutdown might not be paid. See link below.
This sick-out evidently started in Burbank, California. A bunch of Hollywood producers and tech moguls keep their private jets parked there. Those are all grounded now. The control tower is completely unstaffed, but probably not the cocktail lounge. Someone COULD take off, but it would be a federal crime. Corporate pilots aren’t going to risk losing their licenses, no matter how much Jerry Bruckheimer (producer) or Elon Musk bribes and threatens them.
Possibly more important than America’s economy screeching to halt (if this spreads), is the impact to the NFL and MLB. I’m being satiric here, but it’s true. Imagine if all the NFL games had to be cancelled because the visiting team couldn’t travel. Imagine if the baseball playoffs and World Series were put on indefinite hold. The mobile betting industry and Vegas would shut down too. Liquor sales might plummet. Doordash and Uber eats would be the only jobs left standing.
If this spreads, America won’t even be able to fly any migrant detainees to Wakanda or Zamunda for safekeeping. They will be stuck in Alligator Alcatraz forever. Unless THOSE guards start calling in sick, too.
It’s unclear whether Hollywood and the Artificial Intelligence moguls trying to put the rest of us out of work will blame democrats or republicans for this fiasco. On the one hand, they almost all hate Trump. On the other hand, they also hate higher taxes, which are a certainty if congress keeps dreaming up new stuff to spend on that we can’t afford. Everyone says all the new taxes should fall on corporations. We're all going to put out of work because of AI, anyway.
I have no travel plans this coming weekend. If I did, I would probably drive anyway, since flights are so expensive, and you get charged extra for carryon luggage and a bottle of water now. Next the bathrooms will probably be coin operated. Will we start hearing that are 10-mile-long traffic jams because all the flights are grounded? Maybe the toll booth attendants will start a sick-out too.
I’m just sayin’ . . .
**Air traffic controller shortages lead to canceled flights, delays nationwide**
https://redd.it/1o17lpd
@r_econ
https://preview.redd.it/u1ik3zmufvtf1.jpg?width=2048&format=pjpg&auto=webp&s=f2313a859e035fc6fb56692c2d3a23f537237dae
Photo above - hey kid, I told you . . . go back to your seat. We won't be landing until a week from Sunday because the air traffic controllers all called in sick . . . (screen shot courtesy of the film "Airplane")
If anything has the potential to short circuit the government shutdown, it's the air traffic controllers calling in sick. I confess I didn’t see this coming. They probably didn’t either, until Trump told them they were working without pay until the shutdown was over. And THEN added that back pay owed to them during the shutdown might not be paid. See link below.
This sick-out evidently started in Burbank, California. A bunch of Hollywood producers and tech moguls keep their private jets parked there. Those are all grounded now. The control tower is completely unstaffed, but probably not the cocktail lounge. Someone COULD take off, but it would be a federal crime. Corporate pilots aren’t going to risk losing their licenses, no matter how much Jerry Bruckheimer (producer) or Elon Musk bribes and threatens them.
Possibly more important than America’s economy screeching to halt (if this spreads), is the impact to the NFL and MLB. I’m being satiric here, but it’s true. Imagine if all the NFL games had to be cancelled because the visiting team couldn’t travel. Imagine if the baseball playoffs and World Series were put on indefinite hold. The mobile betting industry and Vegas would shut down too. Liquor sales might plummet. Doordash and Uber eats would be the only jobs left standing.
If this spreads, America won’t even be able to fly any migrant detainees to Wakanda or Zamunda for safekeeping. They will be stuck in Alligator Alcatraz forever. Unless THOSE guards start calling in sick, too.
It’s unclear whether Hollywood and the Artificial Intelligence moguls trying to put the rest of us out of work will blame democrats or republicans for this fiasco. On the one hand, they almost all hate Trump. On the other hand, they also hate higher taxes, which are a certainty if congress keeps dreaming up new stuff to spend on that we can’t afford. Everyone says all the new taxes should fall on corporations. We're all going to put out of work because of AI, anyway.
I have no travel plans this coming weekend. If I did, I would probably drive anyway, since flights are so expensive, and you get charged extra for carryon luggage and a bottle of water now. Next the bathrooms will probably be coin operated. Will we start hearing that are 10-mile-long traffic jams because all the flights are grounded? Maybe the toll booth attendants will start a sick-out too.
I’m just sayin’ . . .
**Air traffic controller shortages lead to canceled flights, delays nationwide**
https://redd.it/1o17lpd
@r_econ
Soybean farmer says $10B bailout is a 'band-aid on an open wound'
https://finance.yahoo.com/video/soybean-farmer-says-10b-bailout-164949323.html
https://redd.it/1o1b0vk
@r_econ
https://finance.yahoo.com/video/soybean-farmer-says-10b-bailout-164949323.html
https://redd.it/1o1b0vk
@r_econ
Yahoo Finance
Soybean farmer says $10B bailout is a 'band-aid on an open wound'
President Trump is considering giving $10 billion of aid to American farmers, according to the Wall Street Journal. This comes as US soybean (ZS=F) export sales are down 81% this year as China continues to boycott US soybeans. American Soybean Association…
White House announces radical new plan to allocate tariff revenue without Congress
https://www.msnbc.com/rachel-maddow-show/maddowblog/white-house-announces-radical-new-plan-allocate-tariff-revenue-congres-rcna236343
https://redd.it/1o1fasa
@r_econ
https://www.msnbc.com/rachel-maddow-show/maddowblog/white-house-announces-radical-new-plan-allocate-tariff-revenue-congres-rcna236343
https://redd.it/1o1fasa
@r_econ
MSNBC
White House announces radical new plan to allocate tariff revenue without Congress
The Constitution gives Congress what’s known as the “power of the purse.” When Trump tries to claim he has his own purse, there’s a problem.
Trump Slashes $8 Billion From Blue States That Didn’t Vote for Him - AzExpress
https://www.azexpress.net/en/news/837/trump-slashes-8-billion-from-blue-states-that-didnt-vote-for-him
https://redd.it/1o1c0pg
@r_econ
https://www.azexpress.net/en/news/837/trump-slashes-8-billion-from-blue-states-that-didnt-vote-for-him
https://redd.it/1o1c0pg
@r_econ
www.azexpress.net
Trump Slashes $8 Billion From Blue States That Didn’t Vote for Him - AzExpress
President Donald Trump is escalating his shutdown standoff with Democrats by cutting off billions in federal funding to states that refused to support him in 2024 — a move critics are calling blatant political retribution.
Trump Administration Considers Selling Federal Student Loan Debt, Report Says: Here’s What To Know
https://www.forbes.com/sites/saradorn/2025/10/07/trump-administration-considers-selling-federal-student-loan-debt-to-private-market-report-says/
https://redd.it/1o1asn5
@r_econ
https://www.forbes.com/sites/saradorn/2025/10/07/trump-administration-considers-selling-federal-student-loan-debt-to-private-market-report-says/
https://redd.it/1o1asn5
@r_econ
Forbes
Trump Administration Considers Selling Federal Student Loan Debt To Private Market, Report Says
Some critics say the move could cost taxpayers.
It’s not enough for big tech to destroy the planet, they have to make us pay for it too.
https://redd.it/1o1keri
@r_econ
https://redd.it/1o1keri
@r_econ
WTO: Global trade will now begin grinding to a halt because of tariffs
https://investorsobserver.com/news/wto-global-trade-will-now-begin-grinding-to-a-halt-because-of-tariffs/
https://redd.it/1o1mp0n
@r_econ
https://investorsobserver.com/news/wto-global-trade-will-now-begin-grinding-to-a-halt-because-of-tariffs/
https://redd.it/1o1mp0n
@r_econ
Investorsobserver
WTO: Global trade will now begin grinding to a halt because of tariffs | Investorsobserver
Global trade will taper off significantly next year, according to a new report from the World Trade Organization
'We are on the precipice of an incredibly contracting workforce,' says jobs expert
https://www.cnbc.com/2025/10/07/on-precipice-of-incredibly-contracting-workforce-says-jobs-expert.html
https://redd.it/1o1s5g3
@r_econ
https://www.cnbc.com/2025/10/07/on-precipice-of-incredibly-contracting-workforce-says-jobs-expert.html
https://redd.it/1o1s5g3
@r_econ
CNBC
'We are on the precipice of an incredibly contracting workforce,' says jobs expert
As the number of retirees outpace young workers available to be hired, the contracting workforce is going to create a talent challenge for companies.