Breaking Through The Noise: Econ Facts, Aug 21, 2026
💲FINANCIAL FRIDAY 💲
➡️ Trump Makes Everything Worse: From Deficit to Beef ⬅️
1 – The US deficit has mushroomed and hit a new high at 40 TRILLION $
The biggest contribution to our national debt has come from Trump #1
andTrump #2.
As interest rates have climbed, that makes it harder for US citizens to
foot the bill as well as our own household bills.
2 – A Yale study projects that Medicare for All could save 114,000 lives and $1
Trillion every year
3 – Social Security has a $2.5 Trillion surplus right now
Congress has “borrowed” trillions from the program and never repaid it
4 – The Strait of Hormuz Vessel Crossings – Before the Iran War = 100+/day
Monday of this Week – 8 vessels
Tuesday of this Week – 14 vessels
Oil price per barrel = $87 (33% increase in the past year)
5 – Severe beef shortage, lowest supply in 75 years
Tyson has cut its beef processing plants & jobs by 50% in past year
Fewer farmers, climate change increasing droughts, tariffs on int’l
providers, farmer difficulty borrowing $ with high interest rates,
rising costs of diesel fuel and fertilizer pushing farmers out
⚠️ Tell your friends and family to just Google “Beef Shortage” for themselves. ⚠️
Can start here with destructive Trump actions in beef industry
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Kennett Area Democrats
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Graphic Credit: The New Yorker