Patricia Michaels
@patriciamich.bsky.social
PacNW**PDX**Better living through a better feed
Reposted by Patricia Michaels
The US healthcare economy takeover
nytimes.com/interactive/...
nytimes.com/interactive/...
July 12, 2025 at 2:53 PM
The US healthcare economy takeover
nytimes.com/interactive/...
nytimes.com/interactive/...
Reposted by Patricia Michaels
WASHINGTON (AP) - U.S. economy shrinks by 0.3% in first quarter of 2025, first drop in three years as Trump trade wars disrupt businesses.
April 30, 2025 at 12:35 PM
WASHINGTON (AP) - U.S. economy shrinks by 0.3% in first quarter of 2025, first drop in three years as Trump trade wars disrupt businesses.
Reposted by Patricia Michaels
WAPO: “.. ocean-container bookings from China to the U.S. are down by more than 60 percent ..
“.. The consequence will be ‘empty shelves in U.S. stores in a few weeks and covid-like shortages for consumers ..’”
@davidjlynch.bsky.social @jeffstein.bsky.social
www.washingtonpost.com/business/202...
“.. The consequence will be ‘empty shelves in U.S. stores in a few weeks and covid-like shortages for consumers ..’”
@davidjlynch.bsky.social @jeffstein.bsky.social
www.washingtonpost.com/business/202...
April 27, 2025 at 10:56 PM
WAPO: “.. ocean-container bookings from China to the U.S. are down by more than 60 percent ..
“.. The consequence will be ‘empty shelves in U.S. stores in a few weeks and covid-like shortages for consumers ..’”
@davidjlynch.bsky.social @jeffstein.bsky.social
www.washingtonpost.com/business/202...
“.. The consequence will be ‘empty shelves in U.S. stores in a few weeks and covid-like shortages for consumers ..’”
@davidjlynch.bsky.social @jeffstein.bsky.social
www.washingtonpost.com/business/202...
Reposted by Patricia Michaels
Port of Long Beach expects a 44% decline in ships coming in next week.
www.cbsnews.com/losangeles/n...
www.cbsnews.com/losangeles/n...
LA County ports expect roughly 40% drop in traffic as Trump's tariffs continue
A report from the LA County Economic Development Corporation said the tariffs threaten $500 billion in revenue for the region and put 2 million local workers at risk.
www.cbsnews.com
April 25, 2025 at 8:21 PM
Port of Long Beach expects a 44% decline in ships coming in next week.
www.cbsnews.com/losangeles/n...
www.cbsnews.com/losangeles/n...
Reposted by Patricia Michaels
FLEXPORT: “.. In the 3 weeks since the tariffs took effect, ocean container bookings from China to the United States are down over 60% industry wide.”
#SummerOfScarcity 🇺🇸
#SummerOfScarcity 🇺🇸
April 24, 2025 at 11:36 AM
FLEXPORT: “.. In the 3 weeks since the tariffs took effect, ocean container bookings from China to the United States are down over 60% industry wide.”
#SummerOfScarcity 🇺🇸
#SummerOfScarcity 🇺🇸
Reposted by Patricia Michaels
GOLDMAN hikes its odds of US recession to 35% — from a prior 20%.
The move reflects “the sharp recent deterioration in household and business confidence, and statements from White House officials indicating greater willingness to tolerate near-term economic weakness in pursuit of their policies.”
The move reflects “the sharp recent deterioration in household and business confidence, and statements from White House officials indicating greater willingness to tolerate near-term economic weakness in pursuit of their policies.”
March 30, 2025 at 10:00 PM
GOLDMAN hikes its odds of US recession to 35% — from a prior 20%.
The move reflects “the sharp recent deterioration in household and business confidence, and statements from White House officials indicating greater willingness to tolerate near-term economic weakness in pursuit of their policies.”
The move reflects “the sharp recent deterioration in household and business confidence, and statements from White House officials indicating greater willingness to tolerate near-term economic weakness in pursuit of their policies.”
Reposted by Patricia Michaels
SCOOP: DOGE wants to rebuild SSA's codebase in months, risking benefits and system collapse, sources tell me.
The plan is to migrate all systems off COBOL quickly which would likely require the use of generative AI.
www.wired.com/story/doge-r...
The plan is to migrate all systems off COBOL quickly which would likely require the use of generative AI.
www.wired.com/story/doge-r...
DOGE Plans to Rebuild SSA Codebase In Months, Risking Benefits and System Collapse
Social Security systems contain tens of millions of lines of code written in COBOL, an archaic programming language. Safely rewriting that code would take years—DOGE wants it done in months.
www.wired.com
March 28, 2025 at 2:09 PM
SCOOP: DOGE wants to rebuild SSA's codebase in months, risking benefits and system collapse, sources tell me.
The plan is to migrate all systems off COBOL quickly which would likely require the use of generative AI.
www.wired.com/story/doge-r...
The plan is to migrate all systems off COBOL quickly which would likely require the use of generative AI.
www.wired.com/story/doge-r...
Reposted by Patricia Michaels
10. Combined w/Monday's policy change, the SSA will require 160K additional people weekly to visit field offices.
The SSA is not equipped to handle this infux and it will degrade service for everyone.
"Some people may not be able to access their benefits at all," an expert told popular.info
The SSA is not equipped to handle this infux and it will degrade service for everyone.
"Some people may not be able to access their benefits at all," an expert told popular.info
EXCLUSIVE: Secret policy shift could overwhelm Social Security offices with millions of people
On Wednesday, the Social Security Administration (SSA) enacted a new policy that could impose massive demands on the agency's overburdened network of field offices, according to an internal SSA messag...
popular.info
March 20, 2025 at 12:59 PM
10. Combined w/Monday's policy change, the SSA will require 160K additional people weekly to visit field offices.
The SSA is not equipped to handle this infux and it will degrade service for everyone.
"Some people may not be able to access their benefits at all," an expert told popular.info
The SSA is not equipped to handle this infux and it will degrade service for everyone.
"Some people may not be able to access their benefits at all," an expert told popular.info
Reposted by Patricia Michaels
More: Trump admin is threatening to all but shut down the Social Security Administration in response to a judge’s ruling blocking activities by Elon Musk’s DOGE — an action that could delay payments to millions of beneficiaries. From Gregory Korte:
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Social Security Says DOGE Ruling Could Force Agency to Shut Down
The Trump administration is threatening to all but shut down the Social Security Administration in response to a judge’s ruling blocking activities by Elon Musk’s Department of Government Efficiency —...
www.bloomberg.com
March 21, 2025 at 12:20 AM
More: Trump admin is threatening to all but shut down the Social Security Administration in response to a judge’s ruling blocking activities by Elon Musk’s DOGE — an action that could delay payments to millions of beneficiaries. From Gregory Korte:
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Reposted by Patricia Michaels
"More than 600 Iron Range steelworkers out of work as auto industry cuts orders because of tariffs"
More than 600 Iron Range steelworkers out of work as auto industry cuts orders because of tariffs
Cleveland-Cliffs, the largest iron ore operator in Minnesota, is idling operations in Hibbing and Virginia.
www.startribune.com
March 20, 2025 at 11:23 PM
"More than 600 Iron Range steelworkers out of work as auto industry cuts orders because of tariffs"
Reposted by Patricia Michaels
"Based on the tariffs in place so far, S&P Global gave the industry one week before production starts dropping off at a whopping 20,000 vehicles per day." ‼️
March 19, 2025 at 2:11 PM
"Based on the tariffs in place so far, S&P Global gave the industry one week before production starts dropping off at a whopping 20,000 vehicles per day." ‼️
Reposted by Patricia Michaels
every security official ive talked to over the past six weeks say Elez and his cohorts are being closely watched by foreign cyber/intelligence agencies, all waiting for them to do stuff like this
March 15, 2025 at 4:16 PM
every security official ive talked to over the past six weeks say Elez and his cohorts are being closely watched by foreign cyber/intelligence agencies, all waiting for them to do stuff like this
Reposted by Patricia Michaels
"Roughly one-third of US auto parts suppliers said they would move production outside of the US if 25% tariffs on Canada & Mexico stay in place for six months.... Nearly a quarter...said they would cut or delay investments if tariffs lasted just a month" buff.ly/KX7Od5W
March 9, 2025 at 1:56 PM
"Roughly one-third of US auto parts suppliers said they would move production outside of the US if 25% tariffs on Canada & Mexico stay in place for six months.... Nearly a quarter...said they would cut or delay investments if tariffs lasted just a month" buff.ly/KX7Od5W
Reposted by Patricia Michaels
(Bloomberg) - Car owners are missing their monthly payments at the highest rate in more than 30 years.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
March 6, 2025 at 10:53 PM
(Bloomberg) - Car owners are missing their monthly payments at the highest rate in more than 30 years.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Reposted by Patricia Michaels
Call it by its name: Trumpcession.
March 4, 2025 at 6:10 AM
Call it by its name: Trumpcession.