Rising electric bills become political problem for Trump,GOP

[baddog]

3 minutes ago, DCT said:

It is the economy.  I’ll slow down for my elders in the room. 

Way ahead of you. Look at your own thread title. There is already an economy thread.

[DCT]

6 minutes ago, baddog said:

Way ahead of you. Look at your own thread title. There is already an economy thread.

This is updated.  Keep up.  Better yet go to the economy thread and I’ll meet you there.

[AggiesAreWe]

Need to adhere to copyright laws and rules please.

If you copy and paste an article or part of an article here, you must provide the entire link from the site that posted the article.

Thank you.

[DCT]

10 hours ago, DCT said:

Rising power prices are becoming a political liability for Republicans as electricity costs outpace inflation.

A recent Consumer Price Index report found that electricity prices were rising at double the rate of inflation, having increased 5.5 percent over the last year.

And the general public may be starting to take notice.

The Trump administration is already seeing it as one — and trying to put the blame on Democrats and renewable energy.  
 

I know but, but Biden and more misinformation.  

President Trump has taken a similar tack, blaming renewables even though a greater supply of renewable power would actually be expected to bring costs down (https://www.iea.org/news/rapid-rollout-of-clean-technologies-makes-energy-cheaper-not-more-costly).

On Truth Social this week, he decried “ridiculous, corrupt politician approved ‘’windmills.’

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  12 hours ago

[DCT]

10 hours ago, DCT said:

Rising power prices are becoming a political liability for Republicans as electricity costs outpace inflation.

A recent Consumer Price Index report found that electricity prices were rising at double the rate of inflation, having increased 5.5 percent over the last year.

And the general public may be starting to take notice.

The Trump administration is already seeing it as one — and trying to put the blame on Democrats and renewable energy.  
 

I know but, but Biden and more misinformation.  

President Trump has taken a similar tack, blaming renewables even though a greater supply of renewable power would actually be expected to bring costs down (https://www.iea.org/news/rapid-rollout-of-clean-technologies-makes-energy-cheaper-not-more-costly).

On Truth Social this week, he decried “ridiculous, corrupt politician approved ‘’windmills.’

https:thehill.com 12 hours ago

[DCT]

3 hours ago, DCT said:

U.S. job growth has almost entirely ground to a standstill, according to government data released Friday.

The numbers added to growing concerns that President Donald Trump’s policies have pushed the economy toward a problematic mix of low growth and stubborn inflation.

The Bureau of Labor Statistics (BLS) reported that the U.S. added 22,000 jobs in August, well below expectations for 75,000. Employment data for June was revised to show a net loss for that month, the BLS said, though July’s figures were revised slightly higher.

Yep, economy is doing just fine.

The BLS said Friday that the unemployment rate ticked higher to 4.3%, a level not seen since Sept. 2017 outside of the Covid-19 pandemic. More than one-quarter of all unemployed workers have now gone without a job for more than six months, the highest level since June 2016.

NBC News 

Economy

nbcnews.com Updated September 5,2025 12:38 PM EDT

[DCT]

3 hours ago, DCT said:

U.S. job growth has almost entirely ground to a standstill, according to government data released Friday.

The numbers added to growing concerns that President Donald Trump’s policies have pushed the economy toward a problematic mix of low growth and stubborn inflation.

The Bureau of Labor Statistics (BLS) reported that the U.S. added 22,000 jobs in August, well below expectations for 75,000. Employment data for June was revised to show a net loss for that month, the BLS said, though July’s figures were revised slightly higher.

Yep, economy is doing just fine.

The BLS said Friday that the unemployment rate ticked higher to 4.3%, a level not seen since Sept. 2017 outside of the Covid-19 pandemic. More than one-quarter of all unemployed workers have now gone without a job for more than six months, the highest level since June 2016.

NBC News September 5,2025 5:00 AM EDT/ Updated September 5, 2025 12:38 PM EDT

nbcnews.com

[DCT]

10 hours ago, DCT said:

Rising power prices are becoming a political liability for Republicans as electricity costs outpace inflation.

A recent Consumer Price Index report found that electricity prices were rising at double the rate of inflation, having increased 5.5 percent over the last year.

And the general public may be starting to take notice.

The Trump administration is already seeing it as one — and trying to put the blame on Democrats and renewable energy.  
 

I know but, but Biden and more misinformation.  

President Trump has taken a similar tack, blaming renewables even though a greater supply of renewable power would actually be expected to bring costs down (https://www.iea.org/news/rapid-rollout-of-clean-technologies-makes-energy-cheaper-not-more-costly).

On Truth Social this week, he decried “ridiculous, corrupt politician approved ‘’windmills.’

The Hill 13 hours ago

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[DCT]

55 minutes ago, DCT said:

This is updated.  Keep up.  Better yet go to the economy thread and I’ll meet you there.

DCT 3 verse 11

updated 2 min.ago

[Reagan]

3 hours ago, DCT said:

U.S. job growth has almost entirely ground to a standstill, according to government data released Friday.

The numbers added to growing concerns that President Donald Trump’s policies have pushed the economy toward a problematic mix of low growth and stubborn inflation.

The Bureau of Labor Statistics (BLS) reported that the U.S. added 22,000 jobs in August, well below expectations for 75,000. Employment data for June was revised to show a net loss for that month, the BLS said, though July’s figures were revised slightly higher.

Yep, economy is doing just fine.

The BLS said Friday that the unemployment rate ticked higher to 4.3%, a level not seen since Sept. 2017 outside of the Covid-19 pandemic. More than one-quarter of all unemployed workers have now gone without a job for more than six months, the highest level since June 2016.

From the article:  "The August jobs report came in today—a bit lighter than expected. Unemployment ticked up 0.1% with a slower pace of job creation.  The immediate reaction of the stock market was to celebrate the news—because it probably means more rate cuts, as reflected in today’s slightly lower bonds yields.  The 2-Year Treasury yield now sits at 3.5%, its lowest level of the year.  The S&P 500 Index rose about half a percent immediately after the report was released. The index then faded as the trading day went on and closed slightly down.  Notwithstanding the fact that the S&P 500 remains just shy of all-time highs, the immediate reaction of Democrats, amplified by a sympathetic financial media, is that the economy is in horrible shape… and it’s all Trump’s fault.

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[DCT]

13 minutes ago, Reagan said:

From the article:  "The August jobs report came in today—a bit lighter than expected. Unemployment ticked up 0.1% with a slower pace of job creation.  The immediate reaction of the stock market was to celebrate the news—because it probably means more rate cuts, as reflected in today’s slightly lower bonds yields.  The 2-Year Treasury yield now sits at 3.5%, its lowest level of the year.  The S&P 500 Index rose about half a percent immediately after the report was released. The index then faded as the trading day went on and closed slightly down.  Notwithstanding the fact that the S&P 500 remains just shy of all-time highs, the immediate reaction of Democrats, amplified by a sympathetic financial media, is that the economy is in horrible shape… and it’s all Trump’s fault.

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[LumRaiderFan]

2 hours ago, DCT said:

There is already a Epstein thread.

Yep, just one more thread you were wrong about.

Same with this one, I’m sorry the tariffs and deportation of illegals didn’t work out in one week for you.

[DCT]

55 minutes ago, Reagan said:

From the article:  "The August jobs report came in today—a bit lighter than expected. Unemployment ticked up 0.1% with a slower pace of job creation.  The immediate reaction of the stock market was to celebrate the news—because it probably means more rate cuts, as reflected in today’s slightly lower bonds yields.  The 2-Year Treasury yield now sits at 3.5%, its lowest level of the year.  The S&P 500 Index rose about half a percent immediately after the report was released. The index then faded as the trading day went on and closed slightly down.  Notwithstanding the fact that the S&P 500 remains just shy of all-time highs, the immediate reaction of Democrats, amplified by a sympathetic financial media, is that the economy is in horrible shape… and it’s all Trump’s fault.

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NBC News September 5,2025 5:00 AM EDT/ Updated September 5, 2025 12:38 PM EDT

this is not that article. Nice try Reagan. It came from NBC.  Nice spin though.  Your cheerleader lubmerton was rooting for that gotcha moment.

from the actual article:

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[LumRaiderFan]

47 minutes ago, DCT said:

NBC News September 5,2025 5:00 AM EDT/ Updated September 5, 2025 12:38 PM EDT

this is not that article. Nice try Reagan. It came from NBC.  Nice spin though.  Your cheerleader lubmerton was rooting for that gotcha moment.

from the actual article:

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I cheer for the success of the country, not sure who lubmerton cheers for.

You keep those fingers crossed that Trump fails, you deserve a win for once.