The U.S. economy is the strongest in the world and it shows no signs of slowing down. On Friday, another incredible economic report was released as the September unemployment rate dropped to 3.7%, the lowest since 1969. Among Hispanics and Latinos, the unemployment rate was only 4.5%, the all-time lowest level in history, while among […]
U.S. Economic Growth Unrevised At 4.2% In Second Quarter.
September 28, 2018 by
(RTTNews) – A report released by the Commerce Department on Thursday showed the pace of U.S. economic growth in the second quarter was unrevised from the previous estimate. The report said gross domestic product increased at an annual rate of 4.2 percent in the second quarter, unchanged from the estimate released last month. The unrevised […]
Media continue attacking Trump despite his week of accomplishments and strong economic growth.
July 30, 2018 by
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 […]
Trudeau ‘stabbed us in the back,’ did ‘a great disservice to the whole G7,’ WH economic adviser Larry Kudlow says.
June 10, 2018 by
White House economic adviser Larry Kudlow Trump slams ‘meek’ Trudeau for ‘dishonest’ news conference Canadian Prime Minister Justin Trudeau “stabbed us in the back” with a “double cross” at the G7 summit, National Economic Council Director Larry Kudlow said Sunday, ratcheting up already sky-high tensions between the two neighboring allies. “He holds a press conference, and […]
Big Shift: Large Majority of Voters Now Crediting Trump, Not Obama, For Economic Gains.
April 12, 2018 by
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 […]
BREAKING: President Trump Has Chosen His Next Economic Advisor.
March 16, 2018 by
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 […]
Larry Kudlow’s Long Path From Anti-Vietnam War Activist to Top Trump Economic Advisor.
March 15, 2018 by
With the departure of Gary Cohn from the White House National Economic Council earlier this week, influential economic commentator and nationally syndicated columnist Larry Kudlow is set to become President Trump’s new top economic advisor. An official announcement about Kudlow’s appointment is expected on Thursday. So who is Larry Kudlow? And what role would he […]
America Could Cut Immigration by 90 Percent & Retain 100 Percent of the Economic Benefits
February 25, 2018 by
Have you ever noticed that most of the people you work with are useless? Sure they seem busy, but most of them get precious little done. In fact, some of even them end up making work for model employees, like you—don’t they? If you’ve experienced this, then you understand how the Pareto Principle works—you just […]
Trump Effect Goes International: IMF Says Global Economic Growth To Spike Thanks To Trump Tax Bill.
January 23, 2018 by
The Trump effect has gone international. The recent tax reform package has yielded immense dividends to the American economy and millions of working and middle class families. Over 150 companies have issued bonuses, increased employee investments, and announced they would boost philanthropic giving. Over two million workers have received bonuses thanks to Trump’s tax bill. […]
President Trump’s 1st Year in Office an ECONOMIC MIRACLE: All Time Stock Market Highs – Most Jobs in History – Highest GDP Ever.
December 31, 2017 by
President Trump’s 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 nation’s GDP has never been higher. Never before has a first year President done so much for the economy! […]
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. […]
Trump’s National Security Strategy: Economic Strength, Border Security, Ideological Warfare.
December 19, 2017 by
Senior administration officials describe President Trump’s National Security Strategy, formally unveiled by the president in a speech on Monday afternoon, as a statement of “principled realism” that takes “a clear-eyed view of the threats that we face and the fact that we live in an ever-competitive world” in which “the global balance of power has […]
The Long Game: Bannon Creates Political Coalition to Advance Populist Economic Nationalist Agenda and Smash the Establishment
October 1, 2017 by
Former White House strategist and current Breitbart News executive chairman has teamed up with conservative donors Robert and Rebekah Mercer to promote insurgent candidates to challenge the GOP establishment and create an organizational apparatus to advance the populist and economic nationalist policies championed by those candidates. Kenneth P. Vogel and Jeremy W. Peters report in the […]
Why the Democrats Oppose Economic Freedom
September 15, 2017 by
The seeds of the modern bureaucratic or administrative state go back to the Progressive Era of American history in the early 20th century. But progressive regulation morphed into the hyper-control of our present federal government during the New Deal. Modern students, whose history education has been directed by teachers who “accept” the reality of a […]
The Economic Cost of Harvey and Irma: $290 Billion
September 11, 2017 by
Hurricane Irma has slammed into Florida’s southern coast. More than two million are without power. The storm has been downgrade to a category one hurricane. We do not yet know the extent of the damage, but it’s safe to assume that it won’t be cheap. When you combine Harvey and Irma together, the cost is […]
Trump Hits 3 Percent Economic Growth – But It’s Not Covered By ABC, CBS, NBC.
September 1, 2017 by
The U.S. government estimated that the economy grew at an annual rate of 3 percent last quarter, but you wouldn’t know if you watched ABC, CBS, or NBC’s evening programs. The 3 percent figure was much higher than the 2.7 percent rate expected, and was the first time the GDP growth rate hit 3 percent […]
United States Imposed Severe Economic Sanctions Against Venezuela
August 31, 2017 by
President Donald J. Trump signed an Executive Order imposing strong, new financial sanctions on the dictatorship in Venezuela. The Statement by the Press Secretary on New Financial Sanctions on Venezuela The statement by the White House press secretary stated the following: “The Maduro dictatorship continues to deprive the Venezuelan people of food and medicine, imprison […]
It’s Official: Obama Presidency Had Worst Economic Growth in Modern Era – 4th Worst in History!
April 2, 2017 by
Jonathon M. Trugman at the New York Post reported this week that the final numbers for the Obama Administration are in and they are abysmal: On Thursday we closed the book on the Obama economic “miracle” — and it’s a miracle we are not in a recession. Last week the Commerce Department released its third revision […]
Economic Illiteracy: Sanders’ Reaction to Trump Carrier Deal as Backwards as You Might Expect – VIDEO
December 2, 2016 by
As Donald Trump and Mike Pence took their much-publicized victory lap at an Indiana manufacturing plant yesterday, Bernie Sanders — a supposed champion of working people — blasted the deal struck between the newly-elected Republican presidential ticket and Carrier to keep approximately 1,000 blue collar jobs in America. I’ll circle back to the substance behind Thursday’s splashy, celebratory announcement […]
Standing Ovation: Trump’s Economic Plan
August 15, 2016 by
Yes, Donald J. Trump has an economic plan. Last week, he received standing ovations and 10-second-long applauses from ordinary Americans who heard him explain how his plan will create more jobs than Hillary Clinton’s. “Donald Trump doesn’t have a plan! He’s all bluster and no muster,” is a common criticism of the GOP presidential nominee. […]
Reagan vs. Obama: How Capitalism Solves Economic Problems
August 9, 2016 by
Comparing the economic recoveries of Barack Obama and Ronald Reagan, as well as the presidents in between, data shows how the capitalist policies of Reagan’s were far more successful than the socialist policies of Obama and more successful than the less capitalist policies of George H. W Bush and Bill Clinton. Richard W. Rahn, writing […]
HUNGER In Venezuela – Declining Economic Freedom Has Consequences
August 9, 2016 by
TORONTO – The tragedy unfolding in Venezuela is a result of eroding economic freedom in that country over the past 40 years, according to a new publication released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “When governments reduce economic freedom, as they’ve done in Venezuela, first under crony capitalism and […]
Donald Trump Full Economic Plan Speech in Detroit, Michigan – FULL VIDEO
August 8, 2016 by
Mr. Trump in his speech in Detroit Michigan proposed widespread tax cuts for both individuals and corporations. Republican presidential nominee Donald Trump on Monday outlined a proposal to allow families to deduct child-care spending from their income taxes as part of a broader effort to slash taxes. Making child-care expenses fully deductible. Mr. Trump’s economic-policy […]
Trump targets taxes, regulations in economic speech in Detroit
August 8, 2016 by
DETROIT/WASHINGTON (Reuters) – Republican presidential nominee Donald Trump on Monday sought to regain momentum with an economic speech in which he floated new tax breaks and cuts to regulation, as protesters repeatedly interrupted him. Trump said his plan would include imposing a temporary moratorium on new federal regulations, reducing rates for income and corporate taxes, […]
Bad Economic Growth Could Be Good News For Trump
August 1, 2016 by
With US economic predictions last Friday reporting sluggish and historically low growth, it could have some interesting implications for the ongoing presidential election. In a race featuring two drastically different economic platforms, the reported 1.2 percent growth rate in GDP this past week may pose some interesting questions for the two candidates. The economy and […]
Stephen Miller: Hillary Clinton a Corrupt ‘Economic Globalist’ Who Enriches Herself by ‘Selling Out America’ – AUDIO
June 28, 2016 by
During his appearance on Breitbart News Sunday, Stephen Miller, senior policy adviser to Donald Trump, finds Big Media’s coverage of the Brexit vote as unsatisfactory as its coverage of the U.S. presidential campaign. He cited CNN’s coverage of Trump’s major speech last week as an example. “Mr. Trump did a speech recently, laying out some […]
RISE OF GERMAN SUPERSTATE: EU MEMBERS TO DISSOLVE ARMIES SURRENDER ECONOMIC POWER
June 28, 2016 by
Has Britain avoided a ‘European superstate’? France and Germany ‘draw up plans to morph EU countries into one with control over members’ armies and economies’ France and Germany reported to have drawn up ‘superstate plan’ It would mean members give up armies and economic power to the EU Report ‘leaked’ in Poland where it has […]
3 Economic Facts That Counter Obama’s Recovery Narrative
June 21, 2016 by
President Barack Obama needs a reality check. Earlier this month in Indiana, he accused his critics of ignoring the “facts” and purporting “myths” about his economic record. But if Republicans are truly ignoring the facts, Obama should consider it a blessing. A quick look at the facts will show that Obama’s economic performance has been […]
The Truth About The Obama Administration’s Economic Recovery
May 8, 2016 by
According to a recent report by the Department of Commerce, the Gross Domestic Product (GDP) increased only 0.5% in the first quarter of 2016. This figure represents the lowest increase in the past two years and the third consecutive year beginning with a negative economic report. In fact, the economic stagnation of the Obama Administration […]
Obama fabricates a legacy of economic achievement
April 29, 2016 by
President Obama is using Whig history to shape the narrative arc of his economic achievements. In 1931, Herbert Butterfield, an Oxford University don, wrote a short book entitled The Whig Interpretation of History. It’s not on today’s NYT’s Best Seller list, but it does describe President Obama’s efforts to frame the economic policies of his […]