WASHINGTON (AP) â Record exports trimmed the U.S. trade deficit in March, the first drop in seven months in a massive gap that President Donald Trump is determined to shrink with an aggressive America first policy. The Commerce Department says the trade deficit â the difference between what America sells and what it buys in […]
Black, Hispanic unemployment rates hit record lows in April.
The unemployment rate for black workers hit the lowest on record in April, according to the latest jobs figures released by the Bureau of Labor Statistics Friday. The unemployment rate for black workers dropped to 6.6 percent, beating the previous record low of 6.8 percent set in December. The jobless rate for Hispanics fell to […]
Numerous states â both red and blue â are experiencing record-low unemployment.
Fourteen states have reached record-low unemployment rates in the past 12 months. (Joe Raedle/Getty Images) States with a wide variety of political and economic profiles have hit record-low unemployment rates over the last year, according to the Bureau of Labor Statistics. Fourteen states have set records for low unemployment over the last year, including eight that set […]
Food Stamp Usage Drops over Half-Million in a Single Month.
More than half a million people dropped off the food stamp rolls in a single month, according to the latest figures from the U.S. Department of Agriculture (USDA). The USDA data reveals that a total of 587,792 people discontinued their participation in the Supplemental Nutrition Assistance Program (SNAP) between December 2017 and January 2018. The latest numbers […]
Big Shift: Large Majority of Voters Now Crediting Trump, Not Obama, For Economic Gains.
An interesting polling result for a few reasons, not the least of which is the fact that Q-polls have been pretty terrible for Republicans in the Trump era. First off, the trajectory here is good for Trump. Early on in 2017, Obama was winning the strong majority of credit for an improving US economy. By […]
Progressive Dem: Trump ‘Right to Raise Tariffs’ as America’s China Policy Has Been ‘Schizophrenic’
A couple walk by an American flag signboard outside a supermarket selling imported groceries at the Qingdao bonded zone in east China’s Shandong province on April 5, 2018. (Chinatopix via AP) WASHINGTON â Rep. Rosa DeLauro (D-Conn.), a member of the Congressional Progressive Caucus (CPC), expressed support for the trade actions President Trump has taken […]
Breaking: Trump hits China with billions more in retaliatory tariffs.
President Donald Trump responded to tariffs from China with a threat Thursday of $100 billion more in retaliatory tariffs. Hereâs what Trump said âIn light of Chinaâs unfair retaliation, I have instructed the [United States Trade Representative] to consider whether $100 billion of additional tariffs would be appropriate,â read the statement,  according to CNN Money. âRather than remedy […]
TWO MILLION Leave Food Stamp Rolls in Trumpâs First Year â Saving Country $3 Billion Annually.
Over two million people left the food stamp rolls in President Trumpâs first year in office. The Washington Free Beacon reported: The number of individuals receiving benefits from the Supplemental Nutrition Assistance Program (SNAP), otherwise known as food stamps, declined by more than two million in fiscal year 2017, according to data released by the […]
Podcast: What Larry Kudlow Will Do for the Nationâs Economy.
Steve Moore, a friend of Larry Kudlow, pictured, says he’s long focused on economic growth. (Photo: Brendan McDermid/Reuters/Newscom) The Heritage Foundationâs Steve Moore joins us today to talk about the announcement that his friend Larry Kudlow, who worked in the Reagan administration and on CNBC, will become director of the National Economic Council. Moore and […]
BREAKING: President Trump Has Chosen His Next Economic Advisor.
President Trump has chosen economist Larry Kudlow to replace Gary Cohn as his senior economic advisor and leader of the National Economic Council. Kudlow, best known for his time as a host on CNBC of “The Kudlow Report,” will join the administration in the coming weeks. Cohn is leaving on good terms after disagreeing with […]
Why Trump’s Tariff Declaration Is Brilliant.
President Trump is the most masterful negotiating presence in the White House of not just the modern era, but in American history. You free-trade establishment types need to pipe down, listen up, and learn a thing or two. In the presidentâs brief statement Thursday in the signing of the tariff declaration, Trump let slip a […]
Private-sector jobs grow by 235,000 in February, vs 195,000 expected: ADP/Moody’s Analytics.
* Private payrolls rose by 235,000 in February, well above Wall Street estimates of 195,000, according to a report from ADP and Moody’s Analytics * Growth actually decelerated slightly, as January posted an upwardly revised 244,000 from the initially reported 234,000. * The Moody’s/ADP report precedes the more closely watched Labor Department nonfarm payrolls count, […]
Donald Trump Resolute on Tariffs and Trade: I Was Elected to Protect Our Workers.
President Donald Trump was resolute on his proposed tariffs on steel and aluminum, promising to stand for American workers despite complaints from foreign leaders and company CEOs in the United States. âIâm here to protect and one of the reasons I was elected was Iâm protecting our workers, Iâm protecting our companies,â Trump said during a […]
President Trump wants better NAFTA deal or he wonât budge on tariffs.
As negotiators head into the final day of re-negotiating the 24-year-old North American Fair Free Trade Agreement, the Trump administration has made it clear it wonât budge on steel and aluminum tariffs unless a new NAFTA agreement is signed. The seventh round of the nearly yearlong NAFTA renegotiations will conclude Monday in Mexico City. U.S. […]
U.S. Jobless Claims Hit Lowest Level Since 1969.
WASHINGTONâThe number of Americans filing new applications for unemployment benefits fell last week to the lowest level since December 1969, offering fresh evidence of health in the labor market. Initial jobless claims, a proxy for layoffs across the U.S., declined by 10,000 to a seasonally adjusted 210,000 in the week ended Feb. 24, the Labor […]
Whistleblower: Stock Market âFear Gaugeâ Is Being Manipulated.
During President Trumpâs first year in office the Dow broke every significant record imaginable. Below is a list of the records during President Donald J. Trumpâs first year in office. Point Increases Trumpâs first year in office was the greatest year in stock market history! The Dow hit a record number of all time high […]
Dow Jumps 400 Points After Worst Week In Two Years.
The Dow Jones Industrial Average climbed more than 400 points Monday, extending the recovery that began Friday after the stock marketâs lowest performing week in two years. Energized by low stock prices coming off the more than 10 percent drop from its January high point, investors pushed the Dow to its best two-day gain â […]
America First: Check Out How 11 Of The Countryâs Biggest Companies Are Helping Workers After Trumpâs Tax Cuts.
When Donald Trump took office, he promised he would âmake America great again.â One of the ways he said he would achieve this was to bring companies back to the United States by implementing a competitive corporate tax rate. He made good on his promise when he signed his new tax plan, which dropped the […]
Prosperity: January Jobs Report Beats Expectations With 200K Jobs Added, Wages Grow at Fastest Rate in Years.
Somewhere, Nancy Pelosi is chewing the inside of her cheek as she glares icily at a life-size Donald Trump ‘FatHead’ decal she’s plastered onto the ceiling over her bed. Â Yes, friends, the news for the US economy and American workers is that good. Â In all seriousness, the January jobs report isn’t a blockbuster, but it’s […]
America First Triumphs in Davos.
Quote: âAmerica is open for business, and we are competitive once again.â End quote. That was just one of the key lines in President Trumpâs highly successful Davos speech this week. Of course, in going to Davos, Trump entered the lionâs den. A year ago such a visit would have been a poor idea. Back […]
CHECK THIS OUT=> Yesterdayâs GDP Reported by US BEA More Than One Point Below Predictions at 2.6% âŠIs BEA Deep State Too?
As we noted in December Barack Obama was arguably the worst economic President since 1949 and probably ever. Barack Obama was the only President to have not had even one year of 3% GDP growth. Here is the complete list of average annual real GDP growth by postwar president (in descending order): Johnson (1964-68), 5.3% […]
Poll: Around 64 Percent Of Small Business Owners Say Trump Is Making Their Enterprises Great Again.
Over 250 companies have announced theyâre doling out bonuses to their workers. Over three million workers have benefited from bonuses since President Trump signed the tax bill into law. On average, these workers are $1,000 checks, but some are as high as $3,000. Unemployment is at near record lows. Consumer confidence is at a 17-year […]
Nobody Thought Trump Would Give A Speech Like This To Davos.
âI Will Always Put America First:â Trump Tells World US Is Open For Business. President Donald Trump delivered a forceful speech about the U.S. before the World Economic Forum in Davos Switzerland. ï»ż âI will always put America First. Just like the leaders of other countries should put their countries first. But America First does […]
Donald Trump Announces $1 Trillion Infrastructure Plan.
President Donald Trump announced plans for a $1.7 trillion infrastructure investment plan on Wednesday. âWeâre also working to rebuilding our crumbling infrastructure by stimulating a $1 trillion dollar investment, and that will actually probably end up being $1.7 trillion dollars,â he said. The president revealed the price-tag during a meeting with about a hundred mayors […]
Top Ten Reasons to Celebrate Trumpâs First Year.
In the movie, The Post, Meryl Streepâs character shares a sobering thought, âNewspapers are the first draft of history.â Their mission is critical to our republic; newspapers are to serve the public, not those who govern. They have a responsibility to be truth tellers no matter who is in office, but itâs easier to report […]
Trump: Tax Cuts Working Better Than Expected
Says Dems want to shut down to stop tax cut talk. President Donald Trump touted Apple’s $350 billion investment in American jobs and facilities as proof the tax cuts are working. Speaking to reporters as he toured a factory in Pittsburgh, Trump went so far as to say the Democrats are threatening to shut down […]
Dow Jones Broke the 26,000 Mark.
On January 17, 2018, The Dow Jones industrial average closed above 26,000 mark for the first time in its 121-year history. It increased 322.79 points to an astounding record of 26,115.65. The stock market has grown by 40% since the election as president of Donald J. Trump in spite of the daily attacks of […]
Americans Discover The Truth About GOP Tax Reform. Here’s How They’re Responding.
“… support for the law has grown significantly over the past month …” Support for the GOP’s recently passed tax reform bill is surging now that many Americans have discovered that they are going to get a tax cut. Since the bill passed, support for it has grown among Republicans and Democrats while the number […]
Democrats Kill Off Trump Super-Rally: Announce NO BUDGET DEAL Without DACA Amnesty â Market Plunges 200 Points!
The Dow Jones broke 25,000 for the first time on January 4, 2018. Itâs been only seven days and the Dow Jones just broke 26,000 on Tuesday! But all of that changed today at 2:00 PM. Democrat Whip Steny Hoyer announced they would be no budget deal this week without DREAMER Amnesty. Hoyer tweeted this […]