Friday, July 31, 2026
Public Says Trump Not Paying Enough Attention To The Most Important Problems
The chart above reflects the results of the CNN / SSRS Poll -- done between July 23rd and 27th of a nationwide sample of 1,225 adults, with a 3.2 point margin of error.
Trump's Job Approval Is Underwater In Every Poll
The chart above is from RealClearPolling.com. Every July poll shows Trump to be underwater. The RCP average of all polls has him at 39.7% approval and 58.1% disapproval.
Corporations Are Using Trump's Tariffs To Make Exorbitant Profits From Consumers
There's a reason why corporations have been silent about Trump's tariffs lately. It's because they are using the tariffs as an excuse to raise prices and make exorbitant profits. Robert Reich explains:
As Trump’s tariffs and his war with Iran drive up prices of everything from oil to steel, you’d think big American corporations would be screaming bloody hell. Presumably, Trump’s tariffs and war are squeezing their profits just as they’re squeezing the wallets of average Americans.
To the contrary, corporate America is quietly encouraging both Trump’s war and Trump’s tariffs. Why?
One possibility is they’re raking in money off the war as defense contractors and suppliers.
Some surely are, but this can’t account for the acquiescence if not outright support by most big American corporations that have nothing to do with the defense-industrial complex.
Another possibility is they don’t want to piss off Trump, fearing his retaliation.
But if they were really concerned about the negative effects of Trump’s war and his tariffs on their bottom lines, surely they’d be using their armies of lobbyists and piles of campaign contributions to stop his war and his tariffs. After all, that’s what the armies and piles are for.
There’s a much simpler explanation for corporate America’s silence if not encouragement. In point of fact, both Trump’s war and Trump’s tariffs are helping their bottom lines.
Trump’s war and his tariffs are allowing domestic U.S. producers to raise their prices to match the elevated prices of imports. And those who aren’t directly affected are using the higher import costs as excuses to raise their prices, too.
Presto! — corporate profits have exploded, and their stock prices have soared.
But American consumers are getting shafted. Both Trump’s war and his tariffs are pushing up prices for a vast range of goods and services. The result is a massive redistribution of income and wealth from American consumers to big American corporations.
This is the story of the American political economy under Trump that’s rarely if ever told, but it’s critical to understanding why Trump has been getting away with his war in Iran and his tariffs without much political opposition.
Start with oil.
Brent crude is now selling for $90.05 a barrel. If the war drags on it could push crude prices much higher, especially if it further depletes oil inventories, and spreads to Houthi militants starting a naval blockade in the Red Sea and to other Gulf states.
Oil prices are set globally. As global supplies dwindle, oil prices rise across the board — including prices charged by domestic U.S. producers. They’re enjoying a huge windfall.
With crude oil prices averaging $95 a barrel between March and June — up from about $66 before the war — ExxonMobil, Chevron, ConocoPhillips, and Occidental Petroleum have collectively raked in some $31 billion in earnings for the second quarter of this year, according to FactSet estimates.
That’s up from about $12 billion for the same period last year.
These windfall profits have helped boost Big Oil’s stock prices. Big Oil’s investors and executives (who are paid partly in shares of stock) have done wonderfully well.
But American consumers are bearing the burden, as gas prices once again soar past $4 a gallon, a dollar more than they were before Trump started his war on February 28.
So is it any wonder that Big Oil isn’t criticizing Trump’s war, and is quietly rooting it on?
Or consider steel. Trump imposed steel tariffs of 50 percent in March and June 2025. These tariffs have driven up steel prices in the United States.
The tariffs have been a boon to American steelmakers, who have raised the prices they charge their American customers to match the higher prices now charged for steel from abroad.
As a result, leading American steel producers like Nucor and Steel Dynamics report significant year-over-year earnings increases.
Nucor’s profits in the second quarter of 2026 were $1.16 billion, up from $603 million a year earlier. Steel Dynamics has reported a second-quarter income of $534.1 million, nearly double its net income compared to the same period last year. A third U.S. producer, Cleveland-Cliffs, earned $97 million in the second quarter of this year (before interest, taxes, depreciation, and amortization), compared to a loss of $213 million last year, and the firm anticipates doubling earnings next quarter.
Who’s bearing these higher costs? American consumers of steel — in the prices of everything we buy that contains steel (such as cars and appliances).
The Producer Price Index (a widely used proxy for input costs) for steel mill products is now sitting at its highest point since May 2023.
American-based producers that utilize oil and steel have been able to pass those costs on to their customers without harming their profit margins. Some corporations that don’t depend on oil or steel have used the higher import costs as excuses to raise their prices, too.
Hence, Trump’s war and Trump’s tariffs are wins for corporate America. Profit margins are up, the value of shares on the stock market are up. Shareholders are happy.
Big corporations aren’t raising a fuss about the war or tariffs because they like what’s happening.
But American consumers are getting shafted. Their wages aren’t keeping up with the price increases. Yet they have no alternative but to pay the higher costs for energy and steel and everything else — which is the whole point.
As the inflationary effects of Trump’s war and his tariffs (taxes) on imports spread throughout the economy, they’re hiding what’s really occurring: an upward redistribution from consumers to big American corporations.
American consumers need to know the truth: Two of the major reasons why everything is less affordable are Trump’s war and his tariffs.
Consumers may not have armies of lobbyists and piles of campaign contributions to do their bidding, but they do have a way to express their disapproval. They can vote out Trump Republicans on November 3.
Thursday, July 30, 2026
Voters Still Prefer Democrats On The Issues Considered Most Important
The charts above are from the Navigator Poll -- done between July 23rd and 27th of a nationwide sample of 1,000 registered voters, with a 3.1 point margin of error.
New Poll Has Talarico Leading Paxton By Five Points
The chart above reflects the results of the Texas Public Opinion Research Poll -- done between July 15th and 17th of 1,048 likely Texas voters, with a 3.4 point margin of error.
Wednesday, July 29, 2026
Trump Job Approval Drops To A New Low Of 34%
The chart above reflects the results of the Economist / YouGov Poll -- done between July 25th and 27th of a nationwide sample of 1,559 adults (including 1,407 registered voters). The margin of error is 3.3 points for adults and 3.2 points for registered voters.
Supreme Court Job Approval Is At A Record Low
The charts above are from the Gallup Poll -- done between July 1st and 19th of a nationwide sample of 1,200 adults, with a 4 point margin of error.
The Progressive Leadership Of Teddy & Franklin Roosevelt & Lyndon Johnson Is NOT Communism
After tariffs, inflation, a cruel immigration policy, and another forever war, the Republicans are left with nothing to run on in the 2026 campaign, so following Trump's lead they are now trying to label the Democrats as communists. Thom Hartmann (The Hartmann Report) exposes the ridiculousness of that. Here is part of what he wrote:
So, let’s set the record straight. There’s not a single “far left” progressive position held by actual elected progressive Democratic politicians that has less than 50% support among the Democratic base, most have well over 80% support, and virtually all are supported above 50% by the majority of Americans of all political stripes.
This isn’t “far left”: it’s the radical middle! We’ve been “radicalized” by 45 years of neoliberal policies by both parties that have gutted the American middle class and the American Dream, and want actual fighters who’ll make our country safe for working people again.
We want politicians who’ll return us to the ideal of a single full-time paycheck, regardless of educational attainment, paying enough to buy a house, a car every few years, take an annual vacation, put our kids through college, and have a comfortable retirement.
Two-thirds of us had that when Reagan was sworn into office in 1981 and launched the Republican War on Working People™. Hell, that’s the “Square Deal” that Teddy Roosevelt campaigned on over 100 years ago, and the vast majority of Americans still want it!
While corporate-money-dependent Democrats may oppose Medicare for All or ending student debt or taxing the rich in a meaningful way, progressive Democrats — the ones being vilified right now by Trump, the GOP, the media, and their own on-the-take peers — are clear about most all of their positions. They are that:
— Every worker should have the right to democracy in their workplace (a union), and that nobody who works full time should have to live in poverty because the minimum wage hasn’t gone up in a stupid amount of time.
— Retired people shouldn’t have to pay income taxes on their Social Security (the way it was before Reagan and, no, Trump did not fix that), that morbidly rich people should pay into the system like the rest of us, that Social Security should pay enough to live modestly on, and that Medicare should cover all our expenses with minimum hassle.
— Every American citizen should be able to vote without a hassle, and taking away your vote should require a judge’s action to prove why, just like the Supreme Court has ruled it now works if a state wants to take away your gun.
— Speaking of guns, it’s obscene that the leading cause of death for our children is bullets, and we shouldn’t have to regularly terrorize our children with active shooter drills. We need rational gun control laws, like every other developed country in the world has.
— It’s crazy that one man owns more wealth than the bottom half of America (165 million of us) and he and his peers typically pay less of their income in taxes than your average teenager. If we want the general prosperity of the 1950s, we should have the same tax rate that Republican President Dwight Eisenhower so loved: 90% on the morbidly rich after they’ve made their first few million dollars a year.
— Our children and grandchildren deserve a world where they needn’t fear being killed by climate-change-driven wild weather, drought, or wildfires, and the air and water are clean. And it’s nuts that we’re subsidizing the fossil fuel industry that’s preventing this.
— Every other country in the world helps their young people go to college; in most it’s as cheap as it was here in the 1960s when you could put yourself through school with a weekend job. Some countries even pay people to go to college, like the $100/month stipend my dad had with the GI Bill after WWII that built our 20th century scientific and business prowess. And it’s morally and politically wrong to cripple entire generations with trillions in student debt.
— Across the 34 richest (OECD) countries in the world, over a half-million families are wiped out every year because somebody got sick. All of those families are here in America. Healthcare should be a right, like in every other developed country in the world, instead of a privilege that depends on how much money you make.
— Starting a small family business, once the backbone of every American town and city, should once again be possible; we need to break up the massive monopolies that have come to dominate every single industry. See: Republican Presidents Teddy Roosevelt and William Howard Taft.
— Every person in America should be free to practice their own religion (or, like Thomas Paine, no religion) and raise their kids that way without government interference, government promotion, or their tax dollars subsidizing local megachurches’ religious schools. Like the Constitution says.
— People should be judged, hired, and promoted based on the quality of their minds, their work, and their integrity, not the color of their skin, their ethnicity, or their religion.
— Women should have the same rights and privileges as men, from the workplace to the boardroom to the doctor’s office to the voting booth.
— Our queer brothers and sisters should have the same rights and privileges as everybody else and be free to live their lives without discrimination or harassment.
— America is a nation of immigrants, and we have been strengthened in every generation by the diversity of talent and humanity that have come here to participate in the American dream. We need comprehensive immigration reform to clean up our system, not a brutal regime that’s literally killing people while it tears our nation apart.
— And it’s completely insane that five corrupt Republicans on the Supreme Court would say that corporations are persons and money is the same thing as free speech, which is why most Democrats think Citizens United needs to be overturned.
Sadly, many of the corporate-dependent Democrats oppose many of these positions because they’d conflict with the interests of their donors. This is something the Party needs to work out, particularly as voters increasingly make their desires known in primary elections. But few of these positions would have been alien to FDR or LBJ; most are simply a call for a return to the middle.
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