{"slug": "why-trumps-push-for-ai-data-centers-is-backfiring", "title": "Why Trump’s Push for AI Data Centers is Backfiring", "summary": "The 10-year Treasury yield hit 4.81%, up from 4.20% in January, while inflation is at 3.4% annually and the federal deficit is $2 trillion, according to Scott Galloway and Jessica Tarlov. The Trump administration is pushing AI data centers despite about 70% of Americans opposing them in their communities, with Commerce Secretary Howard Lutnick dismissing water-use concerns as propaganda from U.S. adversaries.", "body_md": "Scott Galloway and Jessica Tarlov open by addressing a warning signal that Washington appears to be ignoring: the 10-year Treasury yield just hit 4.81% — up from 4.20% in January — while the 30-year remains at levels not seen this persistently since 2006. With a $2 trillion deficit, potentially billions in tariff refunds, and a Fed that could raise rates to fight inflation that’s now at 3.4% annually, the economic picture heading into the midterms is… complicated. Are Republicans turning away from these issues in order to keep Trump happy — and how likely is an interest rate hike from Trump’s own Fed chair?\n\nThe Trump administration is doubling down on AI data centers — even as about 70% of Americans say they oppose building one in their community. Trump says communities against them “want to be backwards and poor,” while Commerce Secretary Howard Lutnick is calling concerns about their water use propaganda from U.S. adversaries. Scott and Jess break down why this has become such a poli…", "url": "https://wpnews.pro/news/why-trumps-push-for-ai-data-centers-is-backfiring", "canonical_source": "https://www.profgmedia.com/p/why-trumps-push-for-ai-data-centers", "published_at": "2026-09-03 22:25:23+00:00", "updated_at": "2026-09-03 22:54:41.248431+00:00", "lang": "en", "topics": ["ai-policy"], "entities": ["Scott Galloway", "Jessica Tarlov", "Trump administration", "Howard Lutnick"], "alternates": {"html": "https://wpnews.pro/news/why-trumps-push-for-ai-data-centers-is-backfiring", "markdown": "https://wpnews.pro/news/why-trumps-push-for-ai-data-centers-is-backfiring.md", "text": "https://wpnews.pro/news/why-trumps-push-for-ai-data-centers-is-backfiring.txt", "jsonld": "https://wpnews.pro/news/why-trumps-push-for-ai-data-centers-is-backfiring.jsonld"}}