RAISING CORPORATE TAXES IS A TERRIBLE IDEA SINCE MULTINATIONAL CORPORATIONS WOULD MOVE THEIR OPERATIONSÂ TO OTHER NATIONS WHICH MUCH LOWER CORPORATE TAXES. BUT COMMUNISTS AND ISLAMIC RADICALS AND KAMALA HARRIS AND TIM WALZ DO NOT UNDERSTAND SIMPLE ECONOMIC PRINCIPLES. Vice President Kamala Harris would raise the corporate tax rate to 28% from 21% if she wins […]
Minneapolis Fed Pres.: Gov’t ‘Contributed to’ Inflation, Inflation ‘Sideways’, Need ‘Many More Months’ for Rate Cuts
During an interview with CNBC Europe on Tuesday, Minneapolis Federal Reserve Bank President Neel Kashkari stated that right now, inflation is going sideways, we need âmany more months of positive inflation dataâ to get one to two rate cuts and government spending is âone of the factors that has contributed to the high inflation.â Kashkari began
Nolte: Fake Media Blame Record Suicide Rate on Guns
A record number of nearly 50,000 Americans took their own lives last year, and naturally, the media blame firearms. A main âdriverâ of suicide is âthe growing availability of guns,â Jill Harkavy-Friedman, senior vice president of research at the American Foundation for Suicide Prevention told the Associated Press. Hereâs the âlogicâ from the far-left AP to
Carney on âKudlowâ: Wall Street Is Fooling Itself by Betting on Fed Rate Cuts
The stock market is still âat loggerheads with the Fedâ thinking the central bank will cut interest rates this year instead of hiking them in response to persistently high inflation, Breitbart Economics Editor John Carney said in a Friday interview with Fox Business host Larry Kudlow. âStocks are pricing in interest rate cuts as we
Tokyo unveils egg-freezing fund for women, fears historic low birth rate has Japan ‘on the brink’ of crisis
Tokyo will start to subsidize egg freezing for women residents in a bid to reverse a catastrophically low birth rate in Japan. “We recognize that the falling birthrate is a critical situation,” said Yoshihiko Isozaki, a deputy chief cabinet secretary, in a briefing Tuesday. “My understanding is that various factors are intricately intertwined, preventing individuals […]
UK Disposable Income to Fall at Fastest Rate in History as ‘Conservatives’ Push More Taxes
Real household disposable income is likely to fall by over seven per cent over the next two years in Britain, despite claims from finance minister Jeremy Hunt that his budget will bolster the economy. According to the Office for Budget Responsibility (OBR), real household disposable income will see the steepest decline in recorded history over the
EXCLUSIVE: BLM PAC Paid Nearly Triple The Market Rate For Disastrous Live Stream Event, Industry Experts Say
Black Lives Matter PAC, which was founded and led by Patrisse Cullors, paid an art company run by the father of her only child $148,300 to co-produce a live stream in November, records show. It was mired with technical issues. The owners of two video production companies told the Daily Caller News Foundation that they…
CNN’s Cuomo on NYC School Closure: ‘Why Close the Schools?’ ‘What’s Magic’ about a 3% Positivity Rate?
On Thursdayâs broadcast of CNNâs âCuomo Primetime,â host Chris Cuomo criticized New York Cityâs closure of schools by wondering, âThe rate in the city is 3%. Whatâs magic about 3%? The rate in the schools is .17%. Why close the schools? Why not close everything else before you close the schools?â Cuomo said, âI am…
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. Â Under their stewardship, the US economy is thriving. Â Americans recognize the progress and are increasingly inclined to credit the GOP for it. Â In the new survey, fully 69 percent of respondents rate […]
201,000 Jobs Added in August, Unemployment Rate Remains at 3.9%
Total nonfarm payroll employment grew by 201,000 in August, an increase from last monthâs downwardly revised reading of 147,000, according to the Bureau of Labor Statistics. The national unemployment rate remained at 3.9%. Private service-providing industries gained 178,000 jobs, led by professional and business services and education and health services, which both added 53,000 jobs. […]
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 â 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 […]
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 economistsâ high growth expectations heading into Fridayâs announcement. Gross domestic product â the total value of all final goods and services in the U.S. economy â grew at a 4.1 percent rate in the second quarter, […]
Hispanic Unemployment Reaches Record Low, Media Praise Labor Force Rate.
The June jobs report has a lot of rosy details in it. For instance, Hispanic unemployment is at a new low, according to the Bureau of Labor Statistics. In June, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 4.6%, down from its May level of 4.9%. Before Juneâs record, the lowest […]
TRUMP BOOM: Record-Low Unemployment Rate As Economy Picks Up 223,000 Jobs.
On Friday, President Trump hinted that a solid jobs report was forthcoming: Looking forward to seeing the employment numbers at 8:30 this morning. — Donald J. Trump (@realDonaldTrump) June 1, 2018 This violated a longstanding taboo against the president biasing the markets in advance of the reportâs release. But Trump wasnât wrong to be excited, […]
Unemployment Rate Drops to 3.9 Percent–The Lowest on Record Since December 2000.
U.S. employers stepped up hiring modestly in April, and the unemployment rate fell to 3.9 percent, evidence of the economy’s resilience amid the recent stock market chaos and anxieties about a possible trade war. Job growth amounted to a decent 164,000 last month, up from an upwardly revised 135,000 in March. The unemployment rate fell […]
The US economy created 103,000 jobs in March; Unemployment rate remains at 4.1 percent.
President Trump has focused heavily on tariffs, which worries some employers. (AP Photo / Susan Walsh) The US economy created 103,000 jobs in March, the Bureau of Labor Statistics reported on Friday. The unemployment rate remained at 4.1 percent and wage growth rose slightly by 2.7 percent from March 2017. There is now a job […]
Look at the Crime Rate in This US Town Where Guns Are Required by Law.
There’s One US Town Where Guns Are Required by Law While many politicians are scrambling to curb the Second Amendment rights of Americans in an effort to ensure public safety, one U.S. town has had the opposite approach for decades: require all residents to have a gun. According to local law in Kennesaw, Georgia, âevery […]
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 […]
Black unemployment rate falls to record low.
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 […]
BREAKING: Somali Refugees Arriving in U.S. at Highest Rate Ever in First Two Months of FY 2017
Somali refugees are arriving in the United States at the highest rate ever in the first two months of Fiscal Year 2017, according to the State Departmentâs interactive website. Between October 1, 2016, the beginning of the fiscal year, and December 7, 2016, a total of 2,775 Somali refugees have arrived in the United States. […]
Cuban-Americans Voted for Trump at Higher Rate than ‘White’ Americans
While âWhiteâ American voters supported Trump at a rate of 56%, Cuban American voters went for the Republican candidate at a rate of 58%–or perhaps even higher. Gosh? What could possibly account for such deplorable behavior? Well, if the quip âyou had to be thereâ applies anywhere, itâs in explaining the voting habits of Americans […]
The Black Lives That DON’T Matter To The Left: Chicago Murder Rate Among Blacks Skyrockets
While the Left continues to stand on the graves of African-Americans who have died in officer-involved shootings, every week in Chicago there are dozens of new graves for blacks, particularly young black males, largely ignored by Black Lives Matter activists and Democratic leaders. The reason, of course, is the anti-police “systemic racism” narrative, which the devastating facts involving gang violence and black-on-black crime in […]
Unemployment Rate Reported at 5 Percent â but Hereâs the Other Key Number Left Out of Many Reports
WASHINGTON (AP) â U.S. hiring roared back in October after two weak months, with employers adding a robust 271,000 jobs, the most since December. The unemployment rate dipped to a fresh seven-year low of 5 percent. The burst of hiring across a range of industries came as companies shrugged off slower overseas growth and a […]
94,513,000 Americans Not in the LABOR FORCE; Participation Rate Again Matches 38 Year Low
The number of Americans not participating in the work force exceeded 94 million for the third time in a row last month, according to new government data released Friday. The Bureau of Labor Statistics reports that 94,513,000 people (ages 16 and over) were neither employed nor had made specific efforts to find work in the […]
MCKIM: IS ILLEGAL IMMIGRATION BEHIND SOARING U.S. MURDER RATE?
Just after reporting how murders in next door Mexico have soared, so that there are now more than the combined war zones of Afghanistan and Iraq, we learn, much to the surprise of law enforcement officials, that murders in U.S. big cities are soaring as well. Could there be a connection to illegal immigration? Ya […]