Tag: Trumps

Krugman: Trump’s massive personal debt, his future and ours – Opinion – Austin American-Statesman

dhita yudha

The bombshell New York Times report on Donald Trump’s tax returns is a remarkable feat of journalism.

Yet like many other revelations in the Trump era, the tax news falls into the category of “shocking but not surprising.” Many observers had already surmised that Trump paid little or no taxes, that his claims of brilliant business success were a fiction, and that he is deep in debt. Now all of that is virtually confirmed. But what does it mean for America’s future?

Everyone will come at this question from their own angle. When I read the Times report, I quickly found myself thinking about … the theory of business capital structure. No, really.

For many people, no doubt, the main takeaway from the tax revelations will be “$750? Really?” The fact that Trump paid less in taxes than tens of millions of hardworking Americans struggling to make ends meet is

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The bright spot in Trump’s coronavirus response

dhita yudha

Hello, everyone! Welcome to the new edition of Insider Today. Please sign up here.

QUOTE OF THE DAY

“Person, woman, man, camera, TV … if you get it in order you get extra points.” — President Donald Trump bragging about his performance on a test given to screen people for dementia.

WHAT’S HAPPENING

Portland Mayor Ted Wheeler is tear gassed while visiting protesters demonstrating against the presence of federal agents on July 22, 2020.
Portland Mayor Ted Wheeler is tear gassed while visiting protesters demonstrating against the presence of federal agents on July 22, 2020.

Twitter @ByMikeBaker

US weekly jobless claims rose to 1.4 million last week, more than economists expected and the first increase in months. It signals that the recovery has stalled as the virus surges in the South, West, and Midwest. More than 50 million Americans have filed for unemployment during the pandemic.  

Senate Republicans have ditched the payroll tax cut from their proposed relief bill. They’re proposing another round of stimulus checks instead. President Trump seems

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How to Make Trump’s Coronavirus Briefings Actually Good

dhita yudha

(Bloomberg Opinion) — One of the greatest outrages in the U.S. response to the coronavirus pandemic has been the way the government has failed to offer the people useful, trustworthy information. That’s still true, even as President Donald Trump has restarted his daily Covid-19 briefings.

While some outlets have praised his more somber tone, the problem with the previous briefings was not a lack of pessimism and gloom.

The problem was that the president offered almost no usable information about the risks Americans faced, what was being done with our tax dollars to fight back, or an honest evaluation of the various efforts on the part of the pharmaceutical industry.

He has another chance now. But first, he should stop hogging the microphone. The new briefings have featured the president standing alone. What we need is not just more of Anthony Fauci, a bright spot from the earlier briefings, but

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Facebook, Twitter, Google face reckoning as deadline looms on Trump’s executive order

dhita yudha

Social media giants could soon get a stronger taste of the Trump administration’s attempt to weaken legal protections that have long shielded those platforms from liability for edits and deletions to user content.

Companies targeted by the President’s May 28 executive order could learn in more detail by Monday — when the order’s 60-day deadline arrives — how the administration intends to carry out its plan. It coincides with social media CEOs preparing to testify Monday before lawmakers on the hotly-contested and related issue of antitrust.

Underscoring the stakes, the executive order charges Twitter (TWTR), Facebook (FB) and its photo-sharing platform Instagram, as well as Google’s (GOOG) YouTube with wielding “immense, if not unprecedented, power to shape the interpretation of public events; to censor, delete, or disappear information; and to control what people see or do not see.”

The order requests that the Federal Communications Commission (FCC) reinterpret and issue

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President Trump’s campaign to paint Joe Biden as mentally unfit becomes a gamble

dhita yudha

WASHINGTON – Less than four months from the November election, President Donald Trump’s attacks on presumptive Democratic nominee Joe Biden’s mental fitness are an integral part of the president’s reelection message: the focus of television advertisements, talking points and open challenges from the president.

But analysts have raised questions over whether Trump’s strategy of focusing on the former vice president’s age is backfiring with a key demographic: seniors.

Making it an even riskier play, the attacks have heightened expectations for Trump’s debate performances this fall and invited skepticism about his own fitness. The strategy itself has proven difficult to execute as Biden campaigns from his home in Delaware, limiting the gaffe-prone candidate’s opportunities for flubs.

For months, Biden, 77, has dismissed the name-calling and innuendo, but more recently he’s hitting back more forcefully and trying to turn the argument about mental fitness back on the 74-year-old Trump.

“This president talks

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Trump’s campaign to paint Biden as mentally unfit becomes a gamble

dhita yudha

WASHINGTON – Less than four months from the November election, President Donald Trump’s attacks on presumptive Democratic nominee Joe Biden’s mental fitness are an integral part of the president’s re-election message: the focus of television advertisements, talking points and open challenges from the president.

But analysts have raised questions over whether Trump’s strategy of focusing on the former vice president’s age is backfiring with a key demographic – seniors.

Making it an even riskier play, the attacks have heightened expectations for Trump’s debate performances this fall and invited skepticism about his own fitness. The strategy itself has proven difficult to execute as Biden campaigns from his home in Delaware, limiting the gaffe-prone candidate’s opportunities for flubs.

For months, Biden, 77, has dismissed the name calling and innuendo but more recently he’s hitting back more forcefully and trying to turn the argument about mental fitness back on the 74-year-old Trump.

“This

… Read More

Donald Trump’s campaign to paint Joe Biden as mentally unfit becomes a gamble

dhita yudha

WASHINGTON – Less than four months from the November election, President Donald Trump’s attacks on presumptive Democratic nominee Joe Biden’s mental fitness are an integral part of the president’s re-election message: the focus of television advertisements, talking points and open challenges from the president.

But analysts have raised questions over whether Trump’s strategy of focusing on the former vice president’s age is backfiring with a key demographic – seniors.

Making it an even riskier play, the attacks have heightened expectations for Trump’s debate performances this fall and invited skepticism about his own fitness. The strategy itself has proven difficult to execute as Biden campaigns from his home in Delaware, limiting the gaffe-prone candidate’s opportunities for flubs.

For months, Biden, 77, has dismissed the name calling and innuendo but more recently he’s hitting back more forcefully and trying to turn the argument about mental fitness back on the 74-year-old Trump.

“This

… Read More

Trump’s demand that schools fully reopen spurned by big districts

dhita yudha

President Donald Trump has spent the past two weeks demanding — often in all caps on Twitter — that American schools reopen this fall.

But America’s biggest school systems are rejecting the president across the country, with one city and county after another opting for virtual education or just a few days a week in school. And the president has little power to do anything about it.

The Los Angeles and San Diego school districts announced Monday they will start the upcoming school year with full distance learning. New York City schools will offer a mix of in-person classes and online learning. In suburban D.C., Maryland’s largest district is proposing to start the year with virtual learning. Other districts are considering just two or three days a week in the classroom, with kids continuing to learn from home the rest of the time.

Florida’s Miami-Dade County Public Schools — touted

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Florida Gov. DeSantis may not be able to welcome Trump’s RNC with open arms, after all

dhita yudha

Florida Gov. Ron DeSantis and the deadly pandemic sweeping through his state could help decide whether President Donald Trump gives his acceptance speech next month at the Republican National Convention to a packed crowd — or to a lot of empty seats.

Florida is operating under an executive order DeSantis enacted to combat the spread of the coronavirus, which requires all big sports venues to operate at no more than 50 percent capacity, the governor’s spokeswoman, Helen Aguirre Ferré, confirmed.

That includes VyStar Veterans Memorial Arena in Jacksonville, the 15,000-seat venue where Republicans intend to gather Aug. 24-27 to hold the hoopla-packed part of Trump’s nomination for a second term.

Lenny Curry, Jacksonville’s popular Republican mayor, said recently that the city is keeping close tabs on the crisis to see whether it’s safe to have a mass gathering like the GOP convention at the end of August.

However, it’s the

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