Monday October 7, 2024

Monday October 7, 2024 2
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Pedestrians walk past a Now Hiring sign in Arlington, Virginia, on March 16, 2022. Stefani Reynolds | AFP | Getty Images

News

One year ago, Hamas launched a surprise terror attack on Israel, killing and wounding thousands and abducting hundreds. In Israel and around the world, memorials marked a year of loss, a year of trauma and a year of war that is still unfolding. Geoff Bennett reports.

Trump attends Oct. 7 memorial event with Jewish leaders in Miami
PBS NewsHour, October 7, 2024 – 9:00 pm to 10:00 pm (ET)
Harris speaks at tree-planting event marking anniversary of Oct. 7 attacks in Israel
PBS NewsHour, October 7, 2024 – 4:00 pm to 5:00 pm (ET)

The Labor Department issued one of the last jobs reports before the presidential election, and the numbers are strong. It shows 254,000 jobs were added in September, beating expectations. Overall, the report paints a picture of a robust American economy which remains a top issue this election year. Amna Nawaz discussed more with Deputy Treasury Secretary Wally Adeyemo.

In our news wrap Monday, Hurricane Milton rapidly intensified to a Category 5 storm and is expected to hit Florida this week, Hurricane Helene’s death toll reached 230, the Supreme Court started a new term where justices will hear cases about ghost guns and transgender rights and Georgia’s Supreme Court temporarily put back in place a ban on nearly all abortions after about six weeks.

Former President Trump has for several days now spread lies and spouted conspiracy theories about the federal government’s response to Hurricane Helene. The disinformation is causing confusion among those most desperate for help and answers. Geoff Bennett discussed this with Juliette Kayyem, former assistant secretary at the Department of Homeland Security.

LISTEN LIVE: Supreme Court hears first arguments of new term
PBS NewsHour, October 7, 2024 – 10:00 am to 5:00 pm (ET)
Elon’s weirdly anti-future politics
Digital Future Daily, Derek RobertsonOctober 7, 2024

Now the the world’s richest man and self-styled free thinker is hard to distinguish from the anonymous trolls he once decried on his platform. Musk literally jumped around on stage with Trump, awkwardly proclaimed himself “dark MAGA” and in his brief remarks in Butler, Penn. offered a series of generic Trumpworld talking points.

He invoked in heroic terms Trump’s defiant fist pump after he survived a July assassination attempt; he declared that “this election is the most important election of our lifetime” and that “the other side wants to take away your freedom of speech.”

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There are many issues related to Economy & Jobs that Congress is looking to address with legislation.

We have identified three issues for particular focus: High Tech Manufacturing, Income Equality, and Inflation. This post summarizes the key challenges and solutions and the ways Congress and the government are addressing them.

For more information and ongoing online discussion on the government agencies, legislative committees, and leading Senate and House representatives addressing this issue, go to the Economy & Jobs  category in the US onAir hub (displayed as a slideshow of posts on computers).

Factors Affecting the Economy and Jobs

  • Government Policies: Fiscal and monetary policies implemented by governments can significantly impact economic growth and job creation.
  • Technological Advancements: New technologies can create new industries and jobs, but they can also disrupt existing ones.
  • Global Events: Factors such as trade wars, natural disasters, and pandemics can have a profound impact on the global economy.
SO WHAT: 10/7/24
So What. Chris CillizzaOctober 7, 2024

The Morning: Donald Trump’s mental health
Is he in cognitive decline?

My take: Trump is old. He would be the oldest person ever to serve as president if he makes it through four years in a 2nd term. That is a fact. He is also showing signs of his age and, even if he remains healthy overall in the next four years, we can assume he will continue to age — and grow less cognitively sharp (at best) — over that time.

Why do people vote for Trump, part 3
A Trump voter emails.

From Chris Webster in comments
When I joined the military, I swore an oath to support and defend the constitution. And each time I was promoted I repeated that oath. Trump has indicated a repeating disdain for the constitution. So, he cannot take the oath of office ( without purpose of evasion or mental reservation) in good faith. Every man and woman who that oath would potentially violate it in voting for a man who disavowed the constitution. Full stop. No matter your interests or political leaning.

CHRIS CRUCIAL: 1 *very* good sentence for Kamala Harris

1. The fundamentals of the economy are strong. Really

2. The Trump Bible + Oklahoma

Headlines from Smerconish 10/7/24
Smerconish.ComOctober 7, 2024

Conflict Escalates on 10/7 Anniversary, The Guardian
Israelis commemorated a year since the October 7 killings and taking of hostages by Hamas. Meanwhile, the Israeli government bombed targets in Beirut and Gaza, and Hezbollah struck Israel’s third-largest city, Haifa — all pointing to a growing conflict.

Florida West Coast Braces…Again, CBS News
Following the destruction of Hurricane Helene, Hurricane Milton is set to hit Florida on Wednesday after being classified Category 1 and rapidly intensifying earlier this week. Florida Governor Ron DeSantis ordered a state of emergency as the state prepares for more impact.

FEMA Chief Debunks Conspiracies, Associated Press
The country’s top disaster relief official said conspiracies from Donald Trump and other right-wing extremists are “demoralizing” and false, such as that FEMA money is being used for illegal immigrants and aid is being diverted from Republican areas.

Harris Begins Media Blitz, The Hill
Howard Stern, Stephen Colbert, and the hosts of “The View” will get the opportunity this week to interview Kamala Harris as part of an ongoing media blitz before she visits the west coast as early voting begins.

Postal Concerns About Mail-In Ballots, USA Today
Election officials and lawmakers are continuing to raise concern over the Postal Service’s ability to handle mail-in ballots, as data from previous elections and recent surge in absentee voting points to late deliveries and potentially millions of invalid vote

Ground News

Huge Group Crosses the Channel, For the Left
A total of 973 migrants in 17 boats crossed the English Channel, leaving four dead, including an infant. This marks the largest group to cross this year.

Solar Power Booming in Africa, For the Right
About 600 million Africans lack electricity due to a lack of infrastructure and climate change, but solar power companies on the continent are some of the fastest-growing.

Morning Shots: Our New MAGA Oligarchs
The BulwarkOctober 7, 2024

What I Missed —William Kristol

But I did miss something. I didn’t see clearly enough that oligarchic arrogance and entitlement would eagerly join forces with populist demagoguery. The photo of Elon Musk leaping on stage to exultantly join Donald Trump Saturday night in Butler, Pennsylvania, captures the phenomenon that I’m describing.

I should have remembered the words of Franklin D. Roosevelt in his acceptance speech at the 1936 Democratic convention: “It was natural and perhaps human that the privileged princes of these new economic dynasties, thirsting for power, reached out for control over government itself.”

The strong report put to rest ideas the Federal Reserve may continue aggressively lowering rates to keep the labor market afloat after a sluggish summer of hiring, economists said. The Fed lowered its benchmark fed funds rate last month for the first time in more than four years by a half percentage point, or 50 basis points, to a range of 4.75% to 5% from a 23-year high of 5.25% to 5.5%. It also penciled in shaving another half point by year-end.

“Don’t even talk about a 50-basis point cut in November; it’s not on the table,” said Tim McDonough, Key Wealth senior portfolio manager. “Blowout numbers for September jobs data … (are) further evidence that the economy is humming along stronger than expected.”

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The U.S. Bureau of Labor Statistics (BLS) collects information from a variety of sources, including businesses, households, and the U.S. Census Bureau: 
  • Surveys

    BLS conducts surveys of businesses and households to gather information on topics like income, expenditures, and characteristics. BLS statisticians design surveys, and field economists use a variety of methods to collect the data, including personal visits, mail, telephone, email, and video calls. 

  • Sampling

    The U.S. Census Bureau selects samples of household addresses to collect data for the BLS. BLS also collects data from a sample of establishments each month on topics like employment, payroll, and paid hours. 

  • Web scraping

    BLS can ask businesses to allow them to access information from their website using web scraping or an Application Programming Interface (API). 

  • Online portal

    BLS provides an online portal for respondents to provide information or upload data files. 

BLS edits all reported data to ensure that it is consistent and correctly reported. 

The September jobs report was surprisingly strong, and the details show that growth came from many different areas of the economy.

The biggest contributions came from leisure and hospitality, with 78,000 new positions, and health care and social assistance, at 71,700. If private education was added to the health-care group, as some economists do, that category would have been the biggest growth area of the month.

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US onAir Curators – August 2024

The US onAir Network has a national hub at us.onair.cc and 50 state onAir hubs.

The US onAir Network supports US citizens and democracy by bringing together information, experts, organizations, policy makers, and the public to facilitate greater engagement in federal, state, and local politics and more civil, positive discussions and collaborations on important issues and governance.

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Between December 2024 and August 2026, our hubs and online discussions will focus on the issues and legislative solutions being addressed by national, state, and local representatives.

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The US onAir network’s focus through the month of November is on the presidential race and competitive senate and house races … informing you about the candidates and their position on key issues while also providing you a civil place for discussion with your fellow Americans.

Between December 2024 and August 2026, our hubs and online discussions will focus on the issues and legislative solutions being addressed by national, state, and local representatives.

Select the links below to learn more about:

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