Alternative Visions

Alternative Visions- US Consumer Spending in Big Trouble as Fed Cuts Rates


Listen Later

 Consumer spending = 2/3s US economy but now hitting a wall. After tax wages down 50% in 2025 from 2024. Botton 1/3 households income gains lowest since 2016.  Top 10% households (>$250k/yr) now account for 49% of all consumer spending. Will worsen as unemployment surges, inflation resumes, and $1T in health ACA & Medicaid subsidies for 22.4m ends. Why Fed 0.25% token rate cut won't help. Show next discusses how US presidents become multimillionaires after they leave office. And why Trump & the Empire now shifting tariff and sanctions policies toward India and the BRICS. (Next week: what's the Empire's 'Clean Break' policy shift recommendations about?)

...more
View all episodesView all episodes
Download on the App Store

Alternative VisionsBy Progressive Radio Network

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

25 ratings


More shows like Alternative Visions

View all
Democracy Now! Audio by Democracy Now!

Democracy Now! Audio

5,739 Listeners

CounterSpin by Fairness & Accuracy In Reporting

CounterSpin

511 Listeners

Economic Update with Richard D. Wolff by Democracy at Work, Richard D. Wolff

Economic Update with Richard D. Wolff

1,986 Listeners

Behind the News with Doug Henwood by Doug Henwood

Behind the News with Doug Henwood

521 Listeners

Jacobin Radio by Jacobin

Jacobin Radio

1,456 Listeners

Ralph Nader Radio Hour by Ralph Nader

Ralph Nader Radio Hour

1,187 Listeners

The Katie Halper Show by Katie Halper

The Katie Halper Show

1,514 Listeners

Pitchfork Economics with Nick Hanauer by Civic Ventures

Pitchfork Economics with Nick Hanauer

1,495 Listeners

Useful Idiots with Katie Halper and Aaron Maté by Useful Idiots, LLC

Useful Idiots with Katie Halper and Aaron Maté

4,455 Listeners

Bad Faith by Briahna Joy Gray

Bad Faith

2,707 Listeners

The Socialist Program with Brian Becker by The Socialist Program

The Socialist Program with Brian Becker

559 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

16,019 Listeners

Makdisi Street by Makdisi Bros.

Makdisi Street

472 Listeners

Geopolitical Economy Report by Ben Norton

Geopolitical Economy Report

304 Listeners

The Chris Hedges Report by Chris Hedges

The Chris Hedges Report

335 Listeners