Hurricane’s cost include 33,000 jobs…
The Labor Department released its official hiring and unemployment figures for September on Friday morning, providing the latest snapshot of the American economy. The Numbers ■ The economy lost 33,000...
View ArticleTax Cuts or Balanced Budget try?…The Republican dilemma…
Republican President Donald Trump wants a tax cut….The guy who boasted he ‘loves’ debt doesn’t really care about the Conservative ballanced budget/less debt thing…. It isn’t ‘his’ money he talking...
View ArticleJobless rate drops to 17 year low of 4.1% last month…But?
In the aftermath of the hurricane’s that came thru the country has knocked people out of the labor force…. And wages aren’t climbing from employers… The unemployment figure has fallen sharply this...
View ArticleThe 2018 Budget…Will Democrats Blink?…Open Thread for Jan.3, 2018
Within the next few weeks the American Federal Budget for 2018 will have to be worked out…. A failure to do so will force the US Government to stop its non-essential employee’s from coming to work…....
View ArticleTrump will deliever HIS ‘State of Union’ speech tomorrow…He’ll probably be...
As in most things Donald J. Trump resides in an Alternate Universe…. From where I see it? America IS a Great Country…. It is a mix of people that have been , and still SHOULD, come from different...
View Article200,000 jobs added in January…Jobless rate remains at 4.1%
The Trump Labor Department is reporting a larger than expected increase in jobs and a increase in wages for January… One should know that 18 states raised the min wage rate , so part of the wage gain...
View ArticleThe Stock Market keeps dropping….Down 1,000 points today 2/8/18….
The drops that have occuerd during the last 7 days came back with a vengence today… Inflation and interest rate climbs are the worry for investors who are movinga LOT of money around…Some of it OUT of...
View ArticleInflation with higher Consumer prices returns to America ….Interest rates to...
Both haven’t been around for some time… Butr they are both on the rise…. Tax cuts and Federal increase in spending aren’t gonna make things better…. America and the world could be walking into a...
View ArticleMortgage rates on the way up…..
The Fed is rasing interest rates and so will other financial institutions…. This is a effort to control inflation and it’s gonna do what it’s supposed to due…. Cool off the economy….. Just at a time...
View ArticleTrump’s tariff/trade war talk drives the US and other markets lower…What next?
Today we hear that Donald Trump, the formet New York Real Estate guy saying that ‘trade wars are good’? Trump isn’t a economist…. He even lacks common sense most of the time…. His trade policy right...
View ArticleClik here to view.
Trump picks CNBC Commentator Larry Kudlow To Be Economic Adviser…
He’d replace Gary Cohn who recently stepped down due to friction against Trump’s Foreign Trade policies…. President Trump will make economist Larry Kudlow his next national economic adviser, replacing...
View ArticleThe Toys ‘R’ Us problem isn’t so simple….
It seems that the down fall of the company isn’t mosrtly about its retail sales…. It is more about equity companoies trying to loot the company of its assets…. Like a car? Somethings are worth more...
View ArticleWith the Fed move today…Interest rates are going up….
The Federal Reseve thinks the economy is doing good…. They worry about inflation…So they try to keep a handle on the economy…. Higher interest rates to the big guys mean higher interst rates for us...
View ArticleClik here to view.
Anybody see an increase in their paychecks from the Republican taxcut/givaway?
Not many people at all…. The ‘bump’ the Republicans THOUGHT they would get from hustling us working people has fooled only a few…. The same CNBC All-America Economic Survey for March breaks with other...
View ArticleU.S. economy grew more than expected in Q4 of 2017
The U.S. GDP grew to 2.9% in the last quarter of 2017, 0.2 points more than expected and up from the 2.5% annual growth reported in the third quarter. Why it matters: Holiday shopping sales were even...
View ArticleWall Street in times of Trump…..’it will all be OK’ isn’t there anymore.”
When a New York Real Estate guy won the Presidency 14 months ago the money guys where ecstatic….. Republicans smiled and took out their cutting knives on the regulations and policies of the federal...
View ArticleChina puts in place import fee’s on up to 128 American products…
China is seeing the Donald Trump threat on tariff’s and raising it against American goods coming into their country…. This is NOT gonna go down good for American companies doing business in China a...
View ArticleA look at jobs that go begging in 4.1% jobless American economy….
Low paying jobs in meat packing and lumber industries do NOT appeal to American job seekers….Trump’s cut back on refugees and legal immigrants have caused some businesses that need workers to rely...
View ArticleU.S. employment growth slows…. the jobless number stays at 4.1%
In my travel’s I ‘ve seen LESS workers in retail stores… And auto checkout machine pop up more… Although last month’s net job creation of 103,000 was well below analysts’ forecasts, economists instead...
View ArticleClik here to view.
Trump Admin will have MASSIVE deficits and debt by the end of the year….
The Congressional Budget Office predicts what most of us KNOW…. A tax cut and a spending budget that breaks the sequester limits is gonna equal a national debt as $16 trillion…. That’s a LOT of RED...
View Article