Republicans can rejoice ! They switched the tax burden even MORE to the countries middle class while the country spends almost a Trillion dollars MORE then it takes in... Is this anyway to run a a country? A new book-length study on the tax burden of the ultrarich … [Read more...] about U.S. billionaires paid a lower tax rate than the working class last year….
the Economy
The American Government spends almost a Trillion Dollars MORE than it takes in….
Actually? It's a $984 Billions... Anybody out there have a check book THAT unbalanced? And Trump and Republicans have hinted at a another possible tax cut? The government ran a budget deficit of just under $1 trillion in the just-closed fiscal year, the Congressional … [Read more...] about The American Government spends almost a Trillion Dollars MORE than it takes in….
U.S. economy added just 136,000 jobs in September…
While the jobless number is at a near half a century low ? Things ARE sliding downward..... The U.S. economy added a modest 136,000 jobs in September, sending the unemployment rate to a nearly 50-year low, a mixed bag that some economists said was more evidence that the … [Read more...] about U.S. economy added just 136,000 jobs in September…
High risk mortgages are back….
The bottom fell out of the American Economy in 2008/2009 mainly on bad mortgages.... The seeds of that situation is creeping back... And those low income Americans seeking an entrance into the housing market are stuck in the middle ... The binge in high-risk lending has … [Read more...] about High risk mortgages are back….
Trump trade actions are beating down farmers….
Trump has been on the record as saying American's WILL have to suffer from his actions against China on trade... The suffering IS occurring.... So is the loss of money, jobs and livelihoods .... The trade war has cost farmers potential Chinese orders for the corn-based … [Read more...] about Trump trade actions are beating down farmers….
Stock Market dropping again on economic worries….
The problem isn't just in America.... But it is doubtful the current American President will come to the rescue this time like Barack Obama did back in 2009... We COULD be in deep trouble... Stocks tumbled for a second day on Wednesday, as investors faced new evidence … [Read more...] about Stock Market dropping again on economic worries….
World Trade slows as America’s Trade War and Brexit worries linger….
There is NO doubt that we are sliding into a world wide recession... A weakening world economy, President Trump’s trade war with China and fears of a potentially tumultuous Brexit have combined to produce a dramatic slowdown in global commerce, the World Trade Organization … [Read more...] about World Trade slows as America’s Trade War and Brexit worries linger….
Impeachment …Bill Clinton had a climbing economy…Donald Trump does NOT….
Bill Clinton WAS impeached.... He got thru it by running the government and dealing with the impeachment as TWO distinct sperate things while the internet boom took off... Donald Trump is in a impeachment 'inquiry'..... He isn't running a divided government ... He's … [Read more...] about Impeachment …Bill Clinton had a climbing economy…Donald Trump does NOT….