Tootfinder

Twenty-two U.S. states are either on the brink of an economic recession or already in one,
according to a new analysis from Moody's Analytics.
Moody's Chief Economist Mark Zandi shared the findings,
saying that states making up nearly a third of the national gross domestic product
are either in or at high risk of recession,
with another third just holding steady, and the remaining third growing.

When it's observable that the very rich are steadily growing richer while the vast majority of people are growing poorer, it's obvious that the tax system is not neutral: it is actively redistributing wealth upwards. For the tax system to be neutral, it MUST tax the very rich much more. To do so is not redistributive, at least until it actively causes a net movement of wealth towards the poor: rather it is simply neutral.

How Has Inequality Changed? - Equality Trust
Levels of inequality changed dramatically over the course of the 20th century. Overall income inequality fell from a high point in the 1930s, remained fairly static until 1979, and then increased dramatically from 1979 to 1991. Since 1991, the trend has been more volatile, affected by Great Recession of the late 2000s and the Covid-19 […]

Labor market lost 41,000 jobs over October, November;
Unemployment rate is up
The October loss of more than 100,000 jobs was particularly striking,
-- the sharpest losses since the covid pandemic-era recession.
But economists expected losses in October
-- because the data reflected tens of thousands of federal workers who deferred resignation and officially parted ways with the federal government in October.
Federal government payrolls fell by 162,000 j…

Unemployment rate rises, signaling weakness in the economy
The labor market cool down continued this fall, according to new jobs numbers released on a delayed scheduled by the Labor Department.

It's time for Cascadia to impound federal taxes
https://www.cascadia-journal.com/its-time-for-cascadia-to-impound-federal-taxes/?ref=cascadia-journal-newsletter
Where Cascadia is Washington and Oregon only.…

It's time for Cascadia to impound federal taxes
As Washington and Oregon face numerous economic threats, including the real possibility of recession, disastrous flooding, continued wildfires, and massive cuts to the federal budget by the Trump administration, it's time to consider an idea that's been gaining traction in blue states hit hard by Trump's authoritarian rule: holding federal

Financial stress from AI infrastructure spending, overhiring, and recession fears, rather than AI adoption, is likely driving layoffs in the tech sector (Fast Company)
https://www.fastcompany.com/91435192/chatgpt-llm-openai-jobs-amazon

AI isn't replacing jobs. AI spending is
Big spending on artificial intelligence puts pressure on jobs, as gloomy narratives about the future of work are ironically making new graduates less employable.

'Job growth has stopped': Recession fears stoked as latest economic numbers lag behind - Raw Story
https://www.rawstory.com/december-2025-jobs-report/

Bessent believes there won't be a recession in 2026 but says some sectors are challenged (Annie Nova/CNBC)
https://www.cnbc.com/2025/11/23/bessent-economy-no-recession-2026.html
http://www.memeorandum.com/251123/p65#a251123p65

A package of three normal-sized ribeye steaks is now $80, at CostCo—which is cheaper than other places.
I’m sure we’re totally not in a recession.

Predictions for the world in general. Again, outside my field, so these are just guesses.
1) Recession in the US. EU economy hit hard as well.
2) The Russian NWF hits 1% of GDP. The resulting economic downturn is a deciding factor in the peace process.
3) Blue wave in the midterms. Democrats take both the House and the Senate.

Treasury secretary says there won't be a recession in 2026 (Alexandra Marquez/NBC News)
https://www.nbcnews.com/politics/trump-administration/treasury-secretary-bessent-us-wont-enter-recession-2026-economy-rcna245411
http://www.memeorandum.com/251123/p41#a251123p41

@… @… engagement baiting on mastodon is the only recession indicator I trust

Layoffs rise to recession-like levels through October, new report says (Abha Bhattarai/Washington Post)
https://www.washingtonpost.com/business/2025/11/06/job-cuts-accelerate-october-layoffs-trump/
http://www.memeorandum.com/251106/p10#a251106p10

Sneaking unemployment rate means the U.S. economy is inching closer to triggering Sahm Rule | Fortune
https://fortune.com/2025/12/19/sneaking-unemployment-rate-sahm-rule-recession-indicator-trigger/