Economy
May, 2026
The Illusion of Abundance: Why the 65-Day Closure of the Strait of Hormuz Hasn’t Broken the World—Yet. The global economy is blindly burning through its emergency stockpiles to mask an 8-million-barrel deficit. In 60 days, the buffer will collapse—and the era of $180 oil will begin.
Ag Secretary Rollins: “The good news — in just one year alone, we’ve already moved 4.5 million people off of SNAP. So this idea that once a government program is in place you can never roll it back, President Trump has proven that to be wrong. So we’re going to be pulling more and more people off.”
“It’s a biblical principle that people should work” USDA Secretary Brooke Rollins celebrates removing 4.5 million Americans from food stamps in a single year.
I’m a millennial who grew up in the 90s and what boomers don’t understand about us is that we’re working three times as hard for a third of what they had at our age, and the milestones they want us to hit weren’t postponed by laziness, they were priced out of reach by the economy they voted for.