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‘Even the Rich Are Worried’: Experts Warn of ‘Scariest’ Signs Amid ‘Stagflation’ Fears

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Warning signs are flashing red in a week where troubling economic news has turned unmistakably grim. Consumers should brace for a surge in terms like “inflation,” “stagflation,” “Trumpflation,” and “recession” dominating the headlines.

Reports are now showing consumer confidence has plummeted to its lowest level in 12 years, the markets are currently tanking, analysts have downgraded predictions for stocks, core inflation is rising, GDP projections have been sliced in half or are now negative, unemployment is expected to increase, and some major corporations are projecting sales decreases.

All this comes just days before what President Donald Trump has repeatedly declared will be “Liberation Day,” April 2, when he says he will announce major increases to his existing tariffs campaign.

The Washington Post’s chief economics reporter, Jeff Stein:

Barely more than two months into Trump’s second term, economic experts are issuing warnings.

READ MORE: ‘Full-On Soviet’: Trump’s ‘Improper Ideology’ Purge Blasted as ‘Fascist Thuggery’

“This is one of the scariest charts I’ve seen in awhile,” declared The Washington Post’s economic columnist Heather Long, pointing to a chart showing the “Expected Change in Financial Situation in a Year.”

“When Americans are asked — Do you think your financial situation will be better off in a year? They increasingly say ‘no,'” Long explained.

“In the ‘vibe-cession’ under Biden, people gave the economy poor grades. But they were generally optimistic about their personal finances (esp the rich),” Long noted. “Under Trump 2025, people at all income levels are worried they will be worse off in a year. This is the type of situation that causes people to really pull back on spending. This is what is different than 2023 or 2024.”

Pointing to another chart, Long writes, “Wow. Huge drop in consumer sentiment among all income groups.”

“Even the rich are worried now.”

Consumer sentiment “is down more than 30% since November,” she says.

“People are worried they will lose their jobs. Two-thirds of consumers expect unemployment to rise in year ahead–> highest concern since 2009,” she noted, adding, “People are fearful tariffs will drive up prices.”

“Even high-income consumers are concerned about their personal finances; only 26% of higher-income consumers expect to be better off financially in a year, down from 42% in August 2024.”

It gets worse.

“Inflation expectations are surging due to Trump’s tariffs,” she writes. “I continue to think the Trump team is really misreading how different 2025 is compared to 2017/2018. People are watching prices closely now.”

Princeton University economics professor Alan Blinder, considered to be among the most influential economists in the world, blasted the President this week in a Wall Street Journal op-ed: “Trump Plays Recession Roulette With the American Economy.”

READ MORE: Canadians Slash US Travel as Prime Minister Says ‘Old’ Relationship With America Is ‘Over’

“I thought the probability of a downturn was nearly zero. Now one is likely, and we may see stagflation,” he wrote. “Trump’s actions seem designed to drive the U.S. economy into the ground. This would truly be a Trumpcession.”

For those unfamiliar with those terms, keep reading.

“Start with high tariffs. The president’s press secretary may think tariffs are tax cuts. In fact they are tax increases—probably big ones. And any tax increase saps the purchasing power of consumers. Take away enough and you’re flirting with a consumer-driven recession—or stagflation, since tariffs also drive up prices. The stock market understands the peril and is dancing to tariff news.”

Blinder warns that measures of uncertainty “have all leapt skyward recently.”

“What about immigration, both legal and illegal, and its effects on the availability of labor? What about the impending battle over extending—or even expanding—the 2017 tax cuts? What will be left of health and safety regulation when Elon’s musketeers are finished with it? How many Americans feel comfortable about their tax and Social Security records sitting in Mr. Musk’s computers?”

Long also points to stagflation.

“Bank of America economists now believe that ‘modest stagflation’ is the most likely outcome for the US this year, and that the combination of low growth and elevated prices will likely keep future Fed rate cuts on hold,” she writes.

For those who want to dive into some numbers, this one isn’t too hard to understand. The Federal Reserve Bank of Atlanta, known as the Atlanta Fed, now shows that U.S. gross domestic product, or GDP —the value of all goods and services produced in the country—is now expected to drop by nearly three percent.

Even Fox News is warning on inflation, saying, “too many goods are rising at too fast of a price.”

Watch the video below or at this link.

READ MORE: ‘Political Protection Racket’: Bondi Blasted for Shrugging Off Security Breach Investigation

 

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Stephen Miller’s Latest Rant Prompts Priest to Cite Goebbels Propaganda

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July 11, 2025

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Stephen Miller’s latest anti-immigrant rant is drawing attention, including from a well-known Catholic Jesuit priest, who appeared to liken the White House Deputy Chief of Staff’s remarks to those made by Hitler’s notorious Reich Minister of Propaganda, Joseph Goebbels, in 1941.

Miller, one of the most powerful members of the Trump administration, is seen as the principal architect of the President’s anti-immigration and deportation policies.

“U.S. Marines on the streets of Los Angeles. Masked immigration officers at courthouses and popular restaurants. Bans on travelers from more than a dozen countries,” Reuters reported on Friday. “For senior White House aide Stephen Miller, the architect of President Donald Trump’s immigration crackdown, things were going according to plan.”

READ MORE: ‘Dumb-Dumb’: Fox News Host Declares Rising Democrat a ‘Mental Deficient’ Amid Senate Buzz

Denouncing the city government of Los Angeles as “waging a campaign of insurrection against the federal government,” Miller on Friday painted a scenario without undocumented immigrants in remarks made to Fox News.

“Let’s be very clear,” he said. “What would Los Angeles look like without illegal aliens?”

“Here’s what it would look like: You would be able to see a doctor in the emergency room right away, no wait time, no problem. Your kids would go to a public school that had more money than they know what to do with. Classrooms would be half the size. Students who had special needs would get all the attention that they needed.”

“There would be no violent transnational gangs. There would be no cartels. There would be no Mexican Mafia. There would be no Sureños. There would be no MS-13 There would be no TdA.”

“You would be living in a city that would be safe, that would be clean, there would be no fentanyl, there would be no drug dens,” he alleged. “That could be the future Los Angeles could have, but the leaders in Los Angeles have formed an alliance with the cartels and their criminal aliens.”

READ MORE: Record Majority of Americans Support Immigration in Massive Blow to Trump Agenda

Some of Miller’s claims are incorrect. For example, public schools often receive state funding in part based on the number of students and their attendance rate. Fewer students in classrooms means fewer dollars. And federal funding is tied to the number of low-income students and students with disabilities.

Miller’s claims about fentanyl and “drug dens” also don’t hold up. Most fentanyl comes into the U.S. via U.S. citizens, according to the Cato Institute.

Father James Martin, editor-at-large for America Magazine, which is published by the Jesuits, responded to Miller’s remarks by posting a quote from Goebbels:

“The enemy is in our midst. What makes more sense than to at least make this plainly visible to our citizens?”

It’s not the first time Father Martin has responded to Miller’s anti-immigrant rants with a quote.

In April, he quoted the Bible:

“‘I was a stranger and you did not welcome me’ (Matthew 25).”

See Martin’s post and video of Miller’s remarks below or at this link.

READ MORE: ‘Racial Profiling’: Border Czar Blasted for Claim ICE Can Detain for ‘Personal Appearance’

 

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Record Majority of Americans Support Immigration in Massive Blow to Trump Agenda

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July 11, 2025

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A record-high majority—nearly eight in ten Americans—now view immigration positively, with similarly strong support for a path to citizenship for undocumented immigrants—particularly those brought to the U.S. as children. The Gallup poll also found that most Americans favor maintaining or increasing current immigration levels.

Meanwhile, large segments of the public oppose expanding the number of immigration enforcement agents—a cornerstone of President Donald Trump’s immigration agenda. Overall, just 35% of Americans approve of Trump’s immigration policies, while 65% disapprove.

Gallup’s report deals a major blow to the very core of President Donald Trump’s agenda, and his “One Big, Beautiful Bill” that dramatically increases spending on immigration enforcement, including detention camps, deportations, and removal, even to third-party countries.

RELATED: ‘Racial Profiling’: Border Czar Blasted for Claim ICE Can Detain for ‘Personal Appearance’

“Americans have grown markedly more positive toward immigration over the past year, with the share wanting immigration reduced dropping from 55% in 2024 to 30% today,” Gallup reported on Friday. “At the same time, a record-high 79% of U.S. adults say immigration is a good thing for the country.”

“These shifts reverse a four-year trend of rising concern about immigration that began in 2021 and reflect changes among all major party groups,” the top-rated pollster also reported.

Now, just 38% of Americans support deporting all undocumented immigrants, in vast contrast to the stated Trump agenda. That’s down from 47% last year.

In what could be seen as a warning to the GOP, Gallup notes that “the desire for less immigration has fallen among all party groups, but it is most pronounced among Republicans, down 40 percentage points over the past year to 48%.”

Just this week, several top Trump administration officials have continued to promote his anti-immigrant policies.

READ MORE: ‘Dumb-Dumb’: Fox News Host Declares Rising Democrat a ‘Mental Deficient’ Amid Senate Buzz

U.S. Secretary of Agriculture Brooke Rollins this week told reporters there will be “no amnesty” for undocumented farm workers while insisting adults on Medicaid could replace them.

“There will be no amnesty, the mass deportations continue, but in a strategic way, and we move the workforce towards automation and 100% American participation,” Secretary Rollins said.

Republican Senators have been promoting the Trump anti-immigrant agenda as well. On Thursday, U.S. Senator Ashley Moody (R-FL) called Democrats who oppose the often warrantless raids and tactics used by the DHS’s frequently masked ICE agents, “ignorant pawns of a subversive anarchist agenda.”

President Donald Trump’s and the Republican Party’s budget, which Trump signed into law last weekend, is tremendously unpopular, including his exponential expansion of immigration enforcement budgets, as well as aspects that gut vital social safety net programs like Medicaid and Medicare.

Critics praised Gallup’s findings.

“Nativism had its 6 months and now it’s clear that it’s not the answer,” wrote Cato Institute Director of Immigration Studies David J. Bier.

NBC News senior national political reporter Sahil Kapur, pointing to the Gallup statistics, called it “backlash politics.”

“Turns out, mass kidnappings and deportations are deeply unpopular when put into practice,” observed New York State Democratic Assemblywoman Emily Gallagher.

See the social media post above or at this link.

READ MORE: Luxury Air Force One, Rose Garden Reno? ‘Priorities’ Says Trump Budget Chief

 

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‘Racial Profiling’: Border Czar Blasted for Claim ICE Can Detain for ‘Personal Appearance’

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July 11, 2025

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President Donald Trump’s hand-picked border czar, Tom Homan, is facing backlash from legal and political experts after asserting that Immigration and Customs Enforcement agents do not need “probable cause” to detain individuals—and can do so based on factors like “personal appearance.”

“Look, people need to understand,” Homan told Fox News on Friday. ICE officers “don’t need probable cause to walk up to somebody, briefly detain and question them.”

“They just need to tally the circumstances, right?” he claimed. “They just go through their observation, you know, get out typical facts based on the location, the occupation, their physical appearance, their actions.”

“A uniformed border police officer walks up to them, for instance, at a Home Depot. And they got all these … facts, plus the person walks away or runs away,” Homan said, offering one scenario. “Agents are trained. What they need to detain somebody temporarily and question them.”

READ MORE: ‘Dumb-Dumb’: Fox News Host Declares Rising Democrat a ‘Mental Deficient’ Amid Senate Buzz

“It’s not probable cause,” he insisted. “It’s reasonable suspicion.”

“We’re trained on that. Every agent, every six months, gets Fourth Amendment training over and over again,” Homan said.

Legal experts blasted Homan’s remarks.

Professor of Law, former U.S. Attorney and MSNBC/NBC News legal analyst Joyce Vance summed up Homan’s remarks: “Racial profiling.”

“This is patently false,” declared U.S. Rep. Daniel Goldman (D-NY), also an attorney, “DHS has authority to question and search people coming into the country at points of entry. But ICE may not detain and question anyone without reasonable suspicion — and certainly not based on their physical appearance alone. This lawlessness must stop.”

Attorney and California Democratic state Senator Scott Wiener charged, “This is literally the definition of a white nationalist police state.”

U.S. Rep. Yvette Clark (D-NY) warned, “Trump’s thugs will racially profile you, then go on national television to brag about getting away with it.”

READ MORE: Luxury Air Force One, Rose Garden Reno? ‘Priorities’ Says Trump Budget Chief

Attorney and CNN legal analyst Jeffrey Evan Gold explained, “Walking up to people (without threatening) is legal. But ‘detaining’ people without ‘reasonable suspicion’ of criminal or quasi-criminal activity is illegal. Racial profiling is not cause for the required reasonable suspicion. ‘Let me see your papers’ is un-American.”

U.S. Senator Alex Padilla (D-CA), who, in a highly-publicized incident was forcibly removed and handcuffed by federal agents at a DHS press conference, wrote: “And there you have it. Under the Trump Administration, ICE and Border Patrol are being empowered to stop and question you based solely on how you look. No probable cause. No real reason. Just your ‘physical appearance.’ That’s not justice—it’s profiling.”

“They’re saying the quiet part out loud now,” wrote New York Democratic State Senator Gustavo Rivera. “Don’t get it twisted: if we let them keep doing this, they’ll find a reason to come for ANY ONE OF US soon enough.”

“THEY ARE ADMITTING IT,” wrote David J. Bier, Cato Institute Director of Immigration Studies and an expert on legal immigration, border security, and interior enforcement. “Homan is admitting to participating in a criminal conspiracy against the Constitution of the United States,” he alleged.

Max Flugrath, communications director for Fair Fight Action, wrote: “Trump’s Border Czar and Project 2025 contributor says ICE can detain anyone based on ‘suspicion’ and physical ‘appearance.’ That’s not immigration policy, it’s fascism.”

Watch the video below or at this link:

READ MORE: Trump Dodges, Denies and Deflects Questions as Ukraine Weapons Scandal Grows

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