In this episode from Promethean Action’s Barbara Boyd she takes a look at the U.S. economy and the Main Street policies of President Trump versus the banking/Wall Street Canadian economy. In the August jobs report the U.S. economy added 162,000 jobs, while the Canadian August jobs report reflected 42,000 job losses.
Boyd – “A blockbuster U.S. jobs report showing 162,000 jobs created is contrasted with Canada’s 40,000 job loss under Mark Carney, as Treasury Secretary Scott Bessent tells Steve Bannon that Wall Street and major outlets like the Financial Times and The Wall Street Journal stoke economic panic and spread “fake news,” citing a misframed story about Norway’s sovereign wealth fund shifting from Treasuries into higher-yield Fannie and Freddie securities.
This episode frames today’s challenge as a “Red Queen economy,” arguing America must grow productivity fast enough to outrun debt, China’s advances, and infrastructure and skills obsolescence, while blaming Biden-era inflation and spending. It spotlights Trump administration workforce initiatives, including expanded training and Pell Grant use and the new Foundry School—an advanced manufacturing program with a Stanford curriculum and international PAX Silica partners. Finally, it covers Trump executive orders aiding ranchers’ beef processing and DOJ antitrust scrutiny of major meatpackers and retailers.”
