Yesterday, the markets tanked – just the latest sign that the chaos of this administration is having a detrimental impact on the economy. Donald Trump’s turbulent presidency has been scaring Americans across the country for 118 days. The revelations of the last week, including Trump’s interference in the FBI’s Russia investigation and Trump’s divulgence of highly-classified information to a foreign adversary, have particularly spooked the markets.
- This development came on the heels of Ford announcing they would cut 10% of its salaried workforce in North America and Asia.
- The worst part about these concerning economic trends is that Republicans are in charge right now, and their top-down policies that prioritize the wealthiest Americans won’t raise wages or help working families do better. Democrats, on the other hand, are fighting for middle-out economic policies. Good jobs that pay good wages, paid family leave, world-class public education, and economic opportunity for all.