Our Problem Isn’t Kings; It’s the Presidency

Welfare Enrollment Drops Sharply Following New Federal Work Requirements Via American Greatness, Enrollment in the Supplemental Nutrition Assistance Program has declined significantly since new federal work requirements took effect in mid-2025, with millions fewer Americans receiving benefits, according to newly reported federal data. The number of people enrolled in SNAP has fallen by roughly 3.5 million since July 2025, dropping from an average of 42.1 million participants in the prior fiscal year to about 38.5 million as of January 2026, according to reporting by The Wall Street Journal. The decline follows the implementation of expanded eligibility rules...

DRAMageddon Deepens As Samsung Prepares 20% Memory Price Hike There is no immediate price relief coming for cutting-edge memory chips, even as South Korea moves to double memory capacity. New fabs and expanded lines take time to build and then ramp production, meaning the supply response will lag demand. For now, DRAM inventories remain tight through year-end as data center buildouts accelerate, keeping producers like Samsung in control of the market, with more price hikes likely ahead. The memory-chip squeeze is not easing anytime soon. That is the clear takeaway from...

Oracle Cuts 21,000 Jobs As AI Adoption Deepens And Credit Risk Flashes GFC-Era Highs Oracle disclosed in a Form 10-K filing that it reduced its workforce by 21,000 employees over the past year as it automates white-collar jobs and frees up cash to splurge on AI infrastructure buildouts. "Our periodic workforce restructurings and reorganizations can be disruptive,"  Oracle said in the annual financial regulatory publsihed on Monday, adding, "We have an existing restructuring plan in place under which we have made, and will continue to make, adjustments to our workforce in...