âTrump in one year is already better than sixteen years of [George W. Bush and Barack Obama] put together,â said former Wall Street Journal editor Brett M. Decker, pointing to a current 17-year high in consumer confidence. Decker, an expert on Asia and the bestselling author of Bowing to Beijing: How Barack Obama Is Hastening […]
Decker: âTrump in One Yearâ Already Better Than 16 Years of Bush, Obama âPut Togetherâ
January 7, 2018 by
Food Stamp Enrollment Drops by 2 Million Under Trump.
January 6, 2018 by
The number of people enrolled in food stamps dropped by two million since President Trump took office, according to the latest data from the U.S. Department of Agriculture (USDA). The USDA data show that the number of people enrolled in the Supplemental Nutrition Assistance Program (SNAP), the government program that administers food stamps, plunged to 42,182,443 in fiscal […]
Analysis Finds 1 Million Americans So Far Getting Pay Raise From Tax Reform.
January 6, 2018 by
One million Americans are getting pay increases because of the tax reform package signed into law in December. âMore than one million hardworking Americans have already received a âTrump Bonusâ or âTrump Pay Raiseâ as a result of the historic tax reform package that President Donald J. Trump signed into law just before Christmas,â @PressSec […]
By the Way, Black Unemployment Just Hit the Lowest Level Ever Recorded.
January 5, 2018 by
The final official jobs report of 2017 was released today, and it mostly contained positive news. Â CNN’s article about its findings mentions both the progress made in December, and also across the entire calendar year. Â Most of the crucial data trends have been pointing in the right direction, and the cumulative job growth is nothing […]
Black unemployment rate falls to record low.
January 5, 2018 by
The Bureau of Labor Statistics reports 6.8 percent unemployment rate for black workers in December, the lowest in the 45 years the data has been tracked. Unemployment overall was 4.1 percent. Unemployment among black workers is at its lowest since at least the early 1970s, when the government began tracking the data. The black unemployment […]
Winning: More Than 100 U.S. Companies Giving Employees Trump Tax Reform Bonuses.
January 5, 2018 by
More than 100 U.S. companies are giving their employees up to $2,000 in bonuses after President Trumpâs tax reform package became law. The conservative taxpayer advocacy group Americans for Tax Reform (ATR) compiled a list of companies that gave their employees a little extra cash after the tax cut legislation passed, whether it be through […]
Dow Jones Industrials Climb Above 25,000 for the First Time.
January 4, 2018 by
NEW YORK (AP) â The Dow Jones industrial average is trading above 25,000 points for the first time early Thursday, breaking another 1,000-point milestone. The market was rising broadly after a survey showed strong hiring by U.S. private businesses. Banks are leading the way as interest rates jump. European stocks are also rising. KEEPING SCORE: […]
US factories closed out 2017 with a boom.
January 3, 2018 by
WASHINGTON (AP) â U.S. manufacturers expanded at a faster pace in December, boosted by a sharp increase in new orders. The Institute for Supply Management said Wednesday that its manufacturing index rose to 59.7 last month from 58.2 in November. Any reading above 50 points to greater factory activity. Manufacturing has been expanding for the […]
The Top Ten Underreported Stories of 2017.
January 3, 2018 by
Is It Because Trump Would Benefit? The Top Ten Underreported Stories of 2017 Well, we already wrote about one of these stories before Christmas; the U.S. and its allies have all but destroyed the Islamic State. They literally hold zero territory. President Donald Trump has won a war, but thereâs a rather conspicuous silence from […]
President Trumpâs 1st Year in Office an ECONOMIC MIRACLE: All Time Stock Market Highs â Most Jobs in History â Highest GDP Ever.
December 31, 2017 by
President Trumpâs first year was Historic! Never before has a President done so much for the economy. The stock market is at an all time high, there are more people working than ever before and the nationâs GDP has never been higher. Never before has a first year President done so much for the economy! […]
Cutting Red Tape: Trump Has Lowest Regulation Page Count in A Quarter Century.
December 30, 2017 by
President Trump has the lowest page count in the Federal Register of government rules and regulations in a quarter century, the Competitive Enterprise Institute noted Friday. Calendar year 2017 concluded with 61,950 pages in the Federal Register Friday, down 35 percent from President Obamaâs all-time 95,894 page record high just last year. CEIâs Clyde Wayne […]
TRUMP EFFECT: RECORD HOLIDAY SALES NEAR $600 BILLION; Expert: Spending Pace Not Seen Since Great Recession.
December 27, 2017 by
Retailers are reporting record holiday sales this season of $598 billion as of Christmas Eve, fueled by confidence in the pro-business, pro-jobs economic polices of President Donald Trump of cutting Obama-era regulations and enacting major tax cuts and reforms. Yet media reports by CBS, AP and the Wall Street Journal all failed to mention President […]
Tax Cuts and Jobs Act is Approved by the House and the Senate.
December 27, 2017 by
President Donald J. Trump, Vice President Mike Pence, Senate Majority Leader Mitch McConnell, House Speaker Paul Ryan, and other Congressional Republicans celebrate in the White House the passing of the Tax Cuts and Jobs Act. On December 20, 2017, President Donald J. Trump, Vice President Mike Pence, Republican congressional leaders, and Republican members of the […]
Hereâs a List of Companies Giving Worker Bonuses After Tax Reform.
December 26, 2017 by
President Donald Trump signed The Tax Cuts and Jobs Act Friday morning from the Oval Office, officially delivering on his promise to give Americans a tax cut just in time for Christmas. But big corporations, which just saw a slash in their rate from 35 to 21 percent, didn’t wait until today to deliver results […]
On Christmas Eve, Donald Trump Challenges âFake Newsâ for Negative Reporting on âIncredible Yearâ
December 25, 2017 by
President Donald Trump continued to criticize fake news, even on Christmas Eve. He appeared frustrated by reports that showed his base was shrinking, accusing them of running fake polls to set their narrative. âThe Fake News refuses to talk about how Big and how Strong our BASE is,â he wrote. âThey show Fake Polls just […]
Christmas Miracle: #NeverTrumpers Praise POTUS As Year One Comes To Triumphant Finish.
December 24, 2017 by
As Year one of Donald Trumpâs presidency comes to a triumphant finish with the passage of historic tax reform, even his staunchest critics concede heâs âwinning,â writes Peter Hasson of the Daily Caller. Daily Caller reports: In a column this week titled, âGive Trump Credit Where Itâs Due,â National Review editor Rich Lowry conceded that Trump has defied […]
FRANKENSTEIN STRIKES: More Companies Announce Bonuses, Wage Increases and Expansion, Thanks to Tax Reform.
December 23, 2017 by
If this destructive misery continues apace, I’m not sure there will be a single American still alive by the end of the holiday season. Â You’ve heard the terrible news about Boeing, Fifth Third Comcast, Wells Fargo, AT&T — all of which are celebrating passage of the tax reform bill by some combination of paying out […]
Dems who voted against tax bill just let slip a big secret.
December 22, 2017 by
It appears we have a tax cut bill thatâs been passed in the House and Senate and will be signed law by President Trump before Christmas. Yes, I do have to ponder, why did it take so very long? Of course, the usual suspects, the progressive socialists, are still ranting about âArmageddonâ and folks dying […]
It’s Official: Trump Signs Tax Cuts Into Law From the Oval Office .
December 22, 2017 by
President Trump has delivered his promise of tax cuts for working class Americans by Christmas and signed The Tax Cuts and Jobs Act into law from the Oval Office Friday morning. He originally planned to host a more formal signing ceremony after the holidays, but wanted to keep his Christmas deadline. “This is the bill, […]
JOBS JOBS JOBS: Labor Sec Predicts Nearly â2 Millionâ New Jobs For Trumpâs First Year.
December 21, 2017 by
Secretary of Labor Alexander Acosta expects the number of new jobs created in President Donald Trumpâs first year in office to hit nearly 2 million, he told reporters in a Thursday roundtable. âHowever you ever look at it weâve created a lot of new jobs,â Acosta declared, adding that âwe may hit 2 million for […]
7 Amazing Facts About Trumpâs Economy Media Donât Want You to Know.
December 20, 2017 by
Now that we are a full year into President Trumpâs increasingly consequential first term, it is long past time to give him complete ownership of the American economy. If it seems odd to do so after only a year, that is due to former President Barack Obama, who never stopped blaming his predecessor for a […]
The Economic Impact of the Tax Cuts and Jobs Act
December 20, 2017 by
The Tax Cuts and Jobs Act, which is expected to be signed into law today, would reform the tax code by lowering federal marginal rates for most households, corporations, and small businesses. We have revised our previous estimates of the House and Senate versions of the bill to reflect changes made by the conference committee. […]
MERRY ECONOMY TO ONE AND ALL: New York Fed Nowcast Up To 4.0% Growth For Fourth Quarter.
December 19, 2017 by
Thereâs more good news on the economy under President Trump, and it comes from the Federal Reserve Bank of New York. On Friday, the Federal Reserve Bank of New York reported that the New York Fed Staff Nowcast stood at 4.0% for the fourth quarter of 2017, the highest level since the Nowcast was created […]
Americans Spend More Than Expected as Holiday Season Heats Up.
December 15, 2017 by
November retail sales up 0.8% from prior month; economists saw 0.3% increase Americans are spending more than expected this holiday season, fueled by income gains, confidence in the economic outlook, buoyant financial markets and modest inflation. The boost includes in-store and online spending at brick-and-mortar retailers such as Wal-Mart Stores Inc. and Nordstrom Inc., which […]
Trump’s Accomplishments Obscured by Distractions.
December 14, 2017 by
Side issues — some of them created by the president himself — have obscured the accomplishments of the Trump administration during his first year in office. The economy is the most obvious one. From anemic growth in the previous administration, it is now growing at around 3 percent, which economists say is ideal. The stock […]
Trump’s Final Tax Reform Pitch.
December 14, 2017 by
President Donald Trump made his final push for tax reform Wednesday afternoon from the White House surrounded by middle class families. “As a candidate, I promised we would pass a massive tax cut for the everyday, working American families who are the backbone and the heartbeat of our country. Now we’re just days away from […]
Fewer Blacks, Hispanics Go Jobless Under Trump.
December 12, 2017 by
More black and Hispanic Americans are getting jobs on President Donald Trumpâs watch, the latest employment numbers show, although critics accuse him of ignoring such minority populations. The White House, not surprisingly, is happy to tout the results. Unemployment among blacks declined from 8 percent one year ago to 7.3 percent in November, according to […]
Obama still doesnât get it â optimism, not whining, grows an economy.
December 10, 2017 by
Poor President Obama. He doesnât think heâs getting enough credit for todayâs booming economy. Speaking at a conference of mayors in Chicago recently, Mr. Obama said, âWe saw the longest streak of job creation in American history by far â a streak that still continues, by the way.â After a dramatic pause, he added: âThanks, […]
Trump Jobs Numbers Out: Unemployment at 17 year Low, 2.2 Million New Jobs Since Election, More Americans Working than Ever!
December 9, 2017 by
President Trumpâs Economy is Simply âOn Fireâ. Job numbers released today through the end of November show an increase of 2.2 million jobs since last years election and an unemployment rate of 4.1 percent. After the same period under Obama, (4.8) million jobs were lost and unemployment skyrocketed to 9.9 percent! President Trumpâs economic results could […]
The U.S. Economy Continues to Improve under President Trump.
December 7, 2017 by
The Dow Jones Industrial Average has risen by almost 6,000 points since the election of Donald Trump and now it broke the 24,000 mark for the first time. The Dow Jones soared 332 points on November 30, 2017 as investors felt that the Senate is making progress on a package of tax cuts. The latest […]