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Hmmmm… Hamburger Lovers Delight!

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As for their namesake burger, the original Balboa burger, expect “lettuce, tomato, onion, American cheese, homemade zesty aioli for $11.85.” Further, “add to any burger or sandwich salt and pepper fries for $3.00, garlic fries $4.00.”

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Trump is shafting his base economically in three ways most Trump voters don’t see or know. It’s important that they do.

The Consumer Price Index has risen 2.7 percent from a year earlier. That’s the fastest pace since February. The trend is worrying, especially for working-class consumers who have to sacrifice a larger portion of their paychecks to buy what they bought before.

So-called “core” inflation — which strips out volatile food and energy prices and is therefore a more reliable measure for underlying price pressures — is rising even faster: up 2.9 percent from the same time last year.

Trump’s tariffs are the major culprit. Prices rose noticeably on appliances, clothing, and furniture — all products heavily exposed to Trump’s import taxes from Canada, China, and other major trading partners.

Prices will almost certainly rise further over the course of the summer, as new so-called reciprocal levies go into effect, including a 50 percent import tax on Brazil and an eye-popping 50 percent import tax on copper, all set to take effect August 1.

The Yale Budget Lab has estimated that consumers will face an overall effective import tax rate of 20.6 percent. That’s the highest in 115 years, the equivalent of a $2,800 hit in yearly household income.

$2,800 is a far bigger deal for lower-income consumers than higher-income. Much of Trump’s working-class base will be hurt.

Trump wants Fed Chair Jerome Powell to cut interest rates in order to stimulate spending. But there’s no way Powell is going to do that with core inflation picking up.

Trump doesn’t have the power to fire Powell, but Trump is trying to pressure him with a White House investigation of an expensive renovation of the Fed’s headquarters, which Trump may try to use as a pretext for firing him. Earlier today, Trump again tore into Powell over both interest rates and the cost of the renovations to the Fed’s headquarters.

Trump’s pressure on Powell is worrying investors that Trump won’t allow Powell or his replacement to control inflation.

This worry is raising inflationary expectations — already causing lenders to raise longer-term interest rates. The worry is also eroding confidence in the safety and stability of the U.S. dollar, which is plunging in value.

Lower-income American consumers will be hit with three big cost increases:

(1) Import taxes (Trump’s tariffs), which will rise further on August 1. These import taxes will take a bigger bite out of the wallets of lower-income Americans than higher-income.

(2) On top of the import taxes, the declining dollar makes everything imported from the rest of the world even more expensive. Again, lower-income Americans will be hit harder than higher-income.

(3) Trump’s Big Ugly bill will cut Medicaid and food stamps, which will raise the costs of health care and food for lower-income Americans, including much of Trump’s base.

Income inequality is wider than it’s been since the first Gilded Age. Trump’s policies — import taxes (tariffs), pressure on the Fed that’s driving down the dollar, and Big Ugly cuts in Medicaid and food stamps in order to help finance a tax cut mainly for the rich — will further widen it.

Many of the working-class people who voted for Trump will be harmed the most.

They need to know.

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(REUTERS)

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A person in Arizona recently died of pneumonic plague—a rare and severe form of the disease. An expert explains how the bacteria that spurred the Black Death centuries ago continues to claim lives

Plague is often associated with Medieval history and the centuries-old Black Death epidemic, but a recent death in northern Arizona is a troublesome reminder of the flea-borne disease’s lingering hold in parts of the world, including the U.S. Local health officials in Arizona’s Coconino County, which includes the city of Flagstaff, confirmed late last week that a person there had died of pneumonic plague—a severe lung infection caused by Yersinia pestis, the bacterium behind the illness.

Human infections and fatalities from plague are relatively rare in the U.S.; according to the Centers for Disease Control and Prevention, seven human cases are reported annually on average. Prior to the Arizona case, the most recent death was reported in 2021. Y. pestis arrived in port cities in the U.S. around 1900 and has since become endemic to rats and other rodents in western U.S. states, including New Mexico, Arizona, Colorado, California, Oregon, and Nevada.

“From a public health standpoint in the U.S., it’s a scary thing that it’s plague, and it’s tragic that that this was a fatal case, but people need to remember that it’s extremely rare,” says David Wagner, executive director of the Pathogen and Microbiome Institute at Northern Arizona University, who has studied plague for more than 25 years. “Not to be flippant, but it’s more important that you put your seat belt on going to the grocery store than it is to worry about plague in the western U.S.”

Scientific American spoke with Wagner about plague’s signs and symptoms, and its persistence across time.

[An edited transcript of the interview follows.]

How do people get sick with plague?

Plague is caused by the bacterium Y. pestis and is really a disease of rodents and their fleas. You have an infected rodent; a flea feeds on the blood of that rodent, and it picks up some Y. pestis. Then, when the flea feeds on another rodent, it can pass along the Y. pestis. It’s constantly cycling back and forth between rodents and fleas in nature; that’s how it’s been maintained for thousands of years in the environment around the world.

What’s the difference between bubonic and pneumonic plague?

People call it the Black Death; they call it bubonic plague; they call it pneumonic plague—it’s all the same disease, just different clinical manifestations. What stands apart [with the recent case is] that it’s pneumonic plague. That’s kind of rare, especially in the U.S.

Pretty much all human cases, with a few exceptions, are acquired from the environment—from the bite of an infected flea. If there isn’t a rodent host for that flea to feed on, it will look for other mammals to feed on. And if humans happen to be in proximity, it will feed on humans and can transmit Y. pestis.

If the immune system doesn’t stop Y. pestis at the source of the flea bite, it will migrate through your lymphatic system to your closest major lymph node. So let’s say I was bit on my wrist; then the bacteria would go to that lymph node in my underarm and start to reproduce there. And that mass swelling, that swollen lymph node, is called a bubo—that’s why it’s called bubonic plague. These days, it’s a dead end because there’s not flea-borne transmission from one human to another. It just stops there with the treatment or death of that individual.

What people might not know is that plague has been endemic throughout the western U.S. in rodent populations for more than 100 years.

Left untreated, though, bubonic plague can get down into your lungs via the bloodstream. That’s called secondary pneumonic plague. Those individuals, then, via cough or direct contact, can spread plague person-to-person, and that’s called primary pneumonic plague.

Someone could also get pneumonic plague from an animal—for example, if they were handling an infected animal and that animal coughed. Sometimes hunters in Central Asia will kill [infected] ground squirrels, and when they’re skinning them can inhale particles. People also talk about septicemic plague, and that means it’s gotten into your bloodstream, and that typically also arises from bubonic plague. You could also get [septicemic plague] directly if you had cuts on your hands and were handling rodents without gloves.

Can pets get infected or transmit plague to humans?

Pets, especially free-roaming ones, may come into contact with dead rodents that have died of plague. Fleas can hop onto pets, which then bring them into the home. This is pretty rare because there are so few [human] cases in the U.S., but that is something we think about.

Flea and tick collars are a good idea. If animals do get sick, most of the evidence shows that dogs fight off the infection and can create antibodies against Y. pestis. Cats are more susceptible and can quickly become sick and actually can progress to pneumonic plague. It’s super, super rare, but that’s a possible way for humans to be exposed to pneumonic plague.

What are the symptoms and treatment?

With bubonic plague, typically people develop a fever, headache, chills and fatigue, and then they’ll get those swollen lymph nodes called buboes. It typically takes a few days to manifest because it sort of starts off in stealthy mode inside the body to try and avoid the immune system.

Plague is easily treated with many different types of antibiotics, as long as it’s caught in time. If untreated, bubonic plague mortality rates may be somewhere between 30 to 60 percent, depending on the situation. Pneumonic plague, left untreated, is almost always fatal. So diagnostics become really important. The challenge is that many physicians in the U.S. have never seen plague. The symptoms are a bit common to other things, so rapid testing in the lab can help.

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Wall Street Journal chief economics correspondent Nick Timiraos quickly saw the flaw in President Donald Trump’s Wednesday rant against Federal Reserve Chair Jerome Powell’s refusal to lower interest rates.

“Housing in our Country is lagging because Jerome ‘Too Late’ Powell refuses to lower Interest Rates,” Trump said in a post on Truth Social. “… Our rate should be three points lower than they are, saving us $1 trillion per year (as a country). This stubborn guy at the Fed just doesn’t get it — Never did, and never will. The Board should act, but they don’t have the courage to do so!”

Timiraos pointed out a glaring fact regarding the likelihood of interest expenses falling by $1 trillion per year.

“The U.S. spent $1.1 trillion on interest expenses in 2024, and so there’s almost no way this claim is remotely true,” said Timiraos on X.

Timiraos went on to post that Trump’s own Council of Economic Advisers chair last year voiced concerns that lower mortgage rates might stoke housing costs, including rent, mortgages, property taxes, and utilities.

“Okay, but what happens if lower mortgage rates start pushing home prices and rents back up?” CEA Chair Stephen Miran posted in January 2024.

Timiraos did not leave his comment hanging on X without follow-up, however. When a critic claiming to be a “macro investor” argued that interest expenses “would fall by $1 trillion” if Trump got rates to near zero, Timiraos responded by quote-posting an answer X owner Elon Musk’s “Grok” chatbot wrote saying the critic’s claim “overstates reality.”

Like his claim on interest rates, Trump has resorted to fuzzy math in the past. Economists routinely dismiss Trump’s description of tariffs as a tax on foreign nations, and must remind the reading public that his threat to hit places like Brazil with a 50 percent tariff on all imported goods will likely hurt everyday Americans far more than the Brazilian government.

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