October 21, 2018

US Unemployment Hits 49-Year Low.

The U.S. economy added 134,000 jobs in September, falling under experts’ expectations by 46,000, according to Friday’s jobs numbers from the Bureau of Labor Statistics. The unemployment rate fell 0.2 points to 3.7 percent, matching the lowest rate since 1969. Economists expected the rate to drop slightly to 3.8 percent, according to The Wall Street […]

Rep. Jim Renacci: Trump’s tax cuts worked — don’t let the DC establishment take them away.

U.S. President Donald Trump applauds as he departs after giving remarks on tax cuts for American workers during an event in the White House Rose Garden in Washington, U.S., April 12, 2018. REUTERS/Kevin Lamarque – HP1EE4C1FZ0CG I’ve spent this last month in Ohio, hearing from American workers, families, and businesses about the effects of the […]

Consumer Confidence Soars to 18 Year High, Near All Time Record.

Consumer confidence rose in September to its highest level in 18 years. The Conference Board’s Consumer Confidence Index surged to 138.4 this month from 134.7 in August. Economists had expected confidence to dip in September. The latest reading was so high it was out of the range of predictions by economists polled by Bloomberg’s Econoday. […]

Pence to Obama: Economy Booming Because Trump Administration Rolling Back Failed Obama Policies.

Vice President Mike Pence had a message for former President Barack Obama at the Values Voter Summit Saturday: the American economy is booming because the Trump administration is rolling back Obama administration policies. “It’s been two years of promises made and promises kept, and we’re just getting started,” Pence told the conference audience in Washington, […]

Media Ignores Trump’s Economy.

It’s surprising that a White House incapable of organizing a two-car funeral – if you believe the mainstream liberal media – is presiding over the most robust economy the U.S. has had in years. One could almost say it makes America great again. Strange, isn’t it? The Obama administration boy and girl geniuses were managing […]

US weekly jobless claims drop to near 49-year low.

      A job seeker speaks with recruiters from The Home Depot at a Recruit Military veterans job fair in Cleveland. Luke Sharrett | Bloomberg | Getty Images The number of Americans filing for unemployment benefits unexpectedly fell last week. Claims hit their lowest level in nearly 49 years and pointed to robust labor market conditions. […]

CNN Poll: Overwhelming Majority of Americans Rate the US Economy Positively, And Yet…

A new CNN poll contains a significant data point that ought to be very good news for President Trump and the Republican Party.  Under their stewardship, the US economy is thriving.  Americans recognize the progress and are increasingly inclined to credit the GOP for it.  In the new survey, fully 69 percent of respondents rate […]

Nasdaq hits 8,000 for the first time as US and Mexico move closer to striking NAFTA deal.

Predictable market reaction to reduction in trade tensions Stocks jumped on Monday as the United States and Mexico drew closer to a deal on NAFTA. Investors also digested reassuring comments from Federal Reserve Chair Jerome Powell on the central bank’s policy-tightening path. The Nasdaq Composite climbed 0.6 percent to an all-time high, breaking above 8,000 […]

China will surpass US to be world’s largest economy — it’s time for us to shift gears.

Even the most casual visitor to China cannot help but see a nation leaping into the future. Thousands of new buildings, roads and bridges; dozens of new airports; and several maglev high-speed trains – all of it reflects strategic infrastructure investment. A few years ago, the nation produced copycat technology products, but now it’s producing […]

Market milestone: This is the longest bull run in history.

The bull market turns 3,453 days old on Wednesday. It’s the longest period of uninterrupted gains in American history. The remarkable run began on March 9, 2009, in the ashes of the Great Recession and the scariest financial crisis since the 1930s. The slow-but-steady economic recovery, coupled with unprecedented aid from the Federal Reserve, catapulted […]

Study: Trump Tariffs Created More than 11K American Jobs in Six Months.

President Trump’s protective tariffs on imported steel, aluminum, solar panels, and washing machines have created more than 11,000 American jobs over the course of six months, a new study reveals. Analysis conducted by a Coalition for a Prosperous America (CPA) finds that Trump’s tariffs, thus far, have created about 11,100 American jobs throughout the country, a […]

2.8 Million People Drop Off Food Stamps Under Trump.

More than 2.8 million people dropped off food stamps since President Trump’s first full month in office, according to the latest numbers from the U.S. Department of Agriculture (USDA). The latest USDA data shows that since Trump served his first full month in office in February 2017—when food stamp enrollment was at 42,134,301— participation in the […]

Choke On It, Liberals: U.S. Regains Rank As The World’s Most Competitive Economy Under Trump.

Oh, it’s a good day for sure. Ever since the Trump tax cuts became law, the U.S. economy has been booming. Second quarter growth reached four percent; wages for U.S. workers reached their highest levels in a decade. Unemployment is at an 18-year low, with confidence levels from the small business community and consumers reaching […]

Unemployment Near Lowest Level in 50 Years – Hourly Earnings Up 2.7%

The unemployment rate continued to drop in July to around its lowest level in 50 years. Wages continue to rise under President Trump. CNBC reported: Payroll growth turned sluggish in July after two robust months, though the unemployment rate edged lower and the overall jobs picture continued to look solid, according to Labor Department numbers […]

Hispanic Unemployment Rate Reaches Record Low Two Months in a Row.

The Bureau of Labor Statistics reported Friday the Hispanic unemployment rate sunk to a record low in the month of July — marking two consecutive months where this figure hit all-time lows. The Hispanic unemployment rate dropped from a previous record of 4.6 to 4.5 percent in July. President Donald Trump has made job creation for […]

More Winning: US Worker Pay Hits Highest Level in a Decade, Consumer Confidence Nears 18-Year Peak.

Meanwhile, the economy keeps on ticking.  On the heels of consecutive, excellent jobs reports and a very strong quarter of GDP growth, CNBC flags another hopeful sign of economic health.  One of the metrics on which the US economy has lagged for years is wages.  Democrats have been zeroing in on that issue in recent […]

Newt Gingrich: Trump’s GDP achieves Mission Impossible (and shocks his critics)

Early in his presidency, when Donald Trump said U.S. gross domestic product (GDP) would exceed 3 percent growth, the supposed experts in the mainstream media claimed such growth would most likely be impossible. In fact, the experts claimed unemployment would have to reach zero percent and immigration would have to double to meet such a […]

Media continue attacking Trump despite his week of accomplishments and strong economic growth.

If Ronald Reagan was the “Teflon president,” Donald Trump must be the Incredible Hulk president. The more the left and the media attack him, the stronger he gets. 1. This past week was a great example. It began with CNN worrying that fears of Russian collusion had seeped into the “bloodstream” of American politics after […]

USDA Secretary Perdue: President Trump Stands with American Farmers.

United States Department of Agriculture (USDA) Secretary Sonny Perdue used a sports analogy in a USA Today op-ed last week to explain how President Donald Trump’s trade agenda supports American farmers. “In the Olympics, if opposing athletes continuously broke the rules while the officials let them get away with it, American fans would want our coaches to […]

US Economy Grew At 4.1 Percent Rate In Second Quarter Of 2018

The U.S. economy grew at the strongest rate in roughly four years in the second quarter of 2018, matching economists’ high growth expectations heading into Friday’s announcement. Gross domestic product — the total value of all final goods and services in the U.S. economy — grew at a 4.1 percent rate in the second quarter, […]

Trump To Hand Out Billions In Aid To Farmers Caught In The Trade War Crossfire

The Trump administration reportedly plans to extend $12 billion in emergency financial assistance to farmers negatively affected by the ongoing trade war between the U.S. and China, among others, Politico reported Tuesday. With tens of billions of dollars in tariffs already in effect and the possibility of tariffs on exports worth hundreds of billions of […]

Eat It, Liberals: Trump Economy’s Second Quarter Growth Projected To Hit 4.1 Percent

If Donald Trump wins the election, the stock market will collapse. He doesn’t have an agenda that can create jobs. You all heard the doomsday talk. In the end, three million jobs have been created since Trump was elected. The Dow Jones broke 26,000, and had a 5,000-point surgelast year—the largest annual gain ever. All […]

Fed raises interest rates again as unemployment nears record lows.

The Federal Reserve on Wednesday raised interest rates 0.25 points as the bank aims to prevent a tight labor market from driving inflation to unsustainable levels. The central bank raised the federal funds rate to a 1.75–2 percent target range, the second increase under Fed Chairman Jerome Powell. The Fed was widely expected to raise […]

President Trump Gives ‘Hurt’ Trudeau And ‘Rip-Off’ EU An Economics Lesson — ‘Fair Trade’ Is ‘Fool Trade’

President Trump: ‘Fair Trade Is Now To Be Called Fool Trade’ The ongoing feud between President Trump and Canadian Prime Minister Justin Trudeau continued Sunday evening when Trump defined nonreciprocal trade as “fool trade” in a tweet. Why should I, as President of the United States, allow countries to continue to make Massive Trade Surpluses, […]

G7 Summit: Trump Gives Masterclass in ‘America First’ to Globalists.

President Donald Trump wrapped up a whirlwind trip to Quebec, Canada for the G7 Summit Saturday, reaffirming his “America First” approach to trade in a series of highly-anticipated meetings with world leaders. Prior to leaving for the gathering, President Trump said Russian president Vladimir Putin, booted from the group for annexing Crimea, should be invited to future […]

Trump’s Economy Delivers Highest Level of Job Openings Ever Recorded.

The number of job openings for Americans has surged to the highest level ever recorded by the Bureau of Labor Statistics, newly released economic data reveals. There are now a record 6.7 million job openings for Americans in President Trump’s economy, far exceeding the number of unemployed Americans. As Breitbart News’s financial editor, John Carney, noted, […]

The US economy suddenly looks like it’s unstoppable.

Luke Sharrett | Bloomberg | Getty Images. A worker assembles truck engine cooling module components at the MAHLE Behr Charleston Inc. auto part facility in Charleston, South Carolina. Friday’s economic data provided evidence the U.S. economy is heading into the second half of 2018 with strong momentum. Nonfarm payrolls beat expectations while manufacturing and construction […]

Job Growth for Foreign Workers Growing Twice as Fast as for Native Born Americans.

Job growth for foreign born workers is growing more than twice as fast as it is for native born American citizens, newly released labor data reveals. According to the May 2018 Jobs Report, employment for foreign born workers grew three percent over the last year. In the same time period, employment for native born Americans […]

Flashback: Hillary Predicted Trump’s Tax Plan Would Destroy Millions of Jobs. It’s Doing Precisely the Opposite.

At the final 2016 presidential debate, Hillary Clinton cited “independent experts” (namely, this guy, whose predictions about President Trump’s impact on the economy have been proven laughably wrong thus far) in asserting that Trump’s tax plan would cost the US millions of jobs and risked plunging the economy into another major downturn — the latter […]

U.S. Budget Just Made History: Best Month Ever.

In April, the federal government took in a record sum of $515 billion in taxes, according to a newly released Congressional Budget Office report. During that time, we spent $297 billion. Yes, you read that correctly: We actually took in more than we spent — a lot more. That $218 billion surplus is, in fact, […]

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