New data indicates a significant rise in layoffs under President Trump’s administration, with over 1.17 million job losses announced in 2025, a rate not seen since the peak of the COVID-19 pandemic. November alone saw 71,321 job losses, representing a 24% increase compared to the previous year. This surge in terminations coincides with Trump’s global tariff campaign, which is thought to be a contributing factor. While there are some positive economic signs, such as a drop in unemployment applications, the trend has been a marked increase in job losses in key sectors, despite the administration’s claims of economic success and job creation.
Read More
Job data reveals a stark contrast in the employment landscape. Smaller firms are experiencing significant job losses, attributed to factors like tariffs and reduced consumer spending from the lower and middle classes, resulting in 120,000 job cuts. Conversely, medium and large businesses show job growth. However, the Secretary of Commerce instead placed blame on the government shutdown and Democrats.
Read More
Following Costco’s lawsuit against the Trump administration to recoup tariff payments, some prominent MAGA figures are calling for a boycott of the big-box store. These influencers are citing the company’s lawsuit and its earlier stance on diversity, equity, and inclusion as reasons for the boycott. Supporters are encouraged to move their business to Walmart. Costco, which is known for its $1.50 hot dog combo, has stated that they have been working to mitigate the impact of tariffs on consumers.
Read More
Costco has sued the Trump administration to recoup tariffs paid this year and prevent future collection, citing a potential loss of funds even if the Supreme Court rules against the duties. The lawsuit addresses a looming December 15 deadline concerning tariff liquidation and the potential for refunds. The suit emphasizes that even if the Supreme Court invalidates the tariffs, Costco needs separate judicial relief to secure a refund. Dozens of other companies have also filed similar suits contesting the legality of the tariffs.
Read More
Costco sues Trump administration for ‘full refund’ of tariffs, a move that’s sparking a lot of conversation, and for good reason. It’s a complex situation with a lot of moving parts, and it has the potential to impact both the company and, potentially, the consumers who shop there. The core of the matter is that Costco is seeking to recoup money it paid in tariffs imposed during the Trump administration.
Digging deeper into the details, it becomes clear that this isn’t just a simple case of a company wanting its money back. The tariffs in question were levied on imported goods, and the lawsuit argues that they were, in essence, an unfair tax.… Continue reading
Costco Wholesale is suing the Trump administration, contesting the legality of tariffs imposed under the International Emergency Economic Powers Act (IEEPA), seeking a full refund of duties paid. The lawsuit argues that the IEEPA doesn’t explicitly authorize the President to set tariffs. This legal challenge follows the Supreme Court’s review of the tariff agenda, where justices expressed skepticism. Costco, like several other major companies, is seeking refunds, having previously absorbed costs on imported goods such as pineapples and bananas to protect customer prices.
Read More
A recent Yahoo/YouGov poll indicates that a significant number of Americans believe President Trump’s actions have raised prices rather than lowered them, with a nearly two-to-one ratio reflecting this sentiment. The survey also reveals more Americans blame Trump for inflation compared to his predecessor. The poll, conducted with 1,684 U.S. adults, also shows disapproval of his handling of the cost of living and the economy, along with a drop in consumer sentiment. Additionally, his implementation of import tariffs received low scores, with most respondents believing they have done more harm than good in the short and long term.
Read More
While artificial intelligence is the primary concern for white-collar workers, a less publicized crisis is unfolding for blue-collar employees in 2025. Despite promises of a resurgence, recent data reveals a continued decline in blue-collar employment, with losses in manufacturing, transportation, and warehousing. Experts attribute this trend to factors like economic slowdowns, restrictive immigration policies, and the effects of tariffs on manufacturing. Although manufacturing output is up, a reduced workforce suggests improved productivity through automation, indicating a long-term shift away from traditional blue-collar jobs.
Read More
Trump says he may cut income tax ‘completely’ because of tariff income. This statement, frankly, is a head-scratcher, and not in a good way. It’s the kind of pronouncement that makes you wonder if we’re living in a parallel universe where the rules of economics have been rewritten. The core idea, as far as I can gather, is that increased revenue from tariffs – essentially taxes on imported goods – could somehow offset the need for income taxes. This is where things start to fall apart.
First off, let’s talk numbers. The US is currently swimming in a massive deficit, with trillions of dollars in debt.… Continue reading
Eight months after President Trump touted tariffs as a means of reshoring manufacturing jobs, the sector has actually contracted, with a loss of 6,000 manufacturing jobs reported in the latest jobs report, adding to the previous 59,000 lost since April. Experts attribute this decline, in part, to the uncertainty tariffs have created, which disincentivizes companies from growing their workforce by increasing production costs. Despite the shrinking industry, job postings in manufacturing remain resilient, suggesting a mismatch between available jobs and the skills of the workforce, and the value of trade schools.
Read More
John Q. Hosedrinker 
Matt Underwood