Hold on to your hats people... He's at it again.... Stuck in a meeting with the leaders of the planets biggest industrial countries.... Fighting with them over trade and how to deal with Russia.... Donald Trump offers a surrender? He mumbles about getting rid of … [Read more...] about Trump floats an end to foreign trade barriers completely…Open Thread for June 9, 2018…
the Economy
Republican Tax Cut ‘s are draining the federal Trust Funds for Social Security and Medicare…
It just gets worst every time them mention the effects of the Republican tax cuts rushed thru at the end of last year... Could the Republicans try to stop the bleeding but offering up cuts to the two entitlement safety net programs? From Treasury Secretary Steve … [Read more...] about Republican Tax Cut ‘s are draining the federal Trust Funds for Social Security and Medicare…
Mexico will level tariff’s against America pork products …
Mexico will join other countries in steping up agiunst Donald Trump's trade war actions.... Higher cost's and economic hurt will be coming to America..... The high stakes dance shall begin.... Mexico first threatened last week to impose retaliatory tariffs U.S. pork, … [Read more...] about Mexico will level tariff’s against America pork products …
Canada will make money on Trump’s aluminun tariff …..
'Industry analyst says Trump just wrote the Canadian aluminum industry 'a cheque for $600 million' Trade actions like the ones taken by the Trump administration this week are intended to inflict pain, and the steel and aluminum tariffs levied by the Trump administration are … [Read more...] about Canada will make money on Trump’s aluminun tariff …..
Breaking….Canada to Impose Surtaxes on Steel, Aluminum….
The Trade War is on..... Will Europe and China follow the Candian action? Will American consumer prices rise? Canada will impose surtaxes on steel and aluminum, according to Foreign Minister Chrystia Freeland, Bloomberg News reports. The tariffs are to take effect July 1 … [Read more...] about Breaking….Canada to Impose Surtaxes on Steel, Aluminum….
Pay raises aren’t gonna get better anytime soon…
Gone are days of raisea above jest few percent.... Corporate types are moving to replace their labor cosrts with machines.... That tax cut that was suppoosted to stimulate hiring? Forget it.... Very few Americans have enjoyed steadily rising pay beyond inflation over … [Read more...] about Pay raises aren’t gonna get better anytime soon…
Donald Trump takes America into a trade war with China , Canada and Europe….
No one should be surprised at this.... Despite warning's and doubts expressed from his own party and leaders of other countries? Trump is doing what he has done for years.... Go hard at anything he wants.... American Consumers he warned along with farmer … [Read more...] about Donald Trump takes America into a trade war with China , Canada and Europe….
The US is due for a Recession come 2020….
The US economy growth was revisied down by 0.1 by the Commerce Department today.... The economy actually slowed during the first quarter of this year..... That's a counter to the Republicans glee in the economy talk... But THAT isn't the real surprise in a piece form the … [Read more...] about The US is due for a Recession come 2020….