Jaws Re-Release Trailer (2022)

MSNBC and CNBC reported Friday afternoon that President Donald Trump intends to usher in "lay-offs" for "thousands" of federal workers.

The government has been shut down for the past ten days as officials in Washington debate a funding measure. Trump had made the threat previously, but now has reportedly made good on the pledge.

The Office of Management and Budget Director, Russell Vought called the job cuts "substantial."

“The RIFs have begun,” Vought wrote on X. The acronym means “Reductions in Force.”

There have already been significant government funding cuts over the past eight months under the Trump administration's efforts to eliminate "waste, fraud, and abuse" in government.

“We expect thousands of people to unfortunately be laid off due to the government shutdown," MSNBC's Vaughn Hillyard said, citing a senior White House official.

The public is rejecting President Donald Trump's "make-believe" approach to the current economy — and he's "going to be disappointed," according to a new report.

Americans are not convinced by the president's claims of an "economic renaissance," Steve Benen, producer for "The Rachel Maddow Show" writes on the MaddowBlog Friday.

In his post, Benen points to the results from the CBS News/YouGov poll released this week that reports 60% of Americans disapprove of Donald Trump’s handling of the economy, as 51% say the president's economic agenda has left them worse off. Other polls and surveys indicate a similar tone, he adds.

"And yet, he acts as if he can bully Americans’ economic attitudes into submission through constant, reality-defying repetition," Benen writes.

During his White House cabinet meeting this week, Trump said "we have the best economy we've ever had."

Benen argues that things are not good — and 22 states could be heading to recession and economic downturn following the Trump tariff policies and aggressive immigration tactics, according to a new report this week from Axios.

"The idea that Trump, during his first term, delivered the greatest economy ever seen by human eyes is demonstrably absurd," Benen writes. "But the idea that our current economy has reached heights without precedent in the history of the United States is every bit as ridiculous."

The White House might not want to hear it, he adds, but Americans aren't happy.

"I don’t know whether Trump has genuinely convinced himself that Americans now have 'the best economy we’ve ever had,' or whether he was just peddling the latest in a series of lies. Either way, if he thinks such nonsense is persuading a frustrated public, he’s going to be disappointed," he writes.