This was forecasted several years ago as American shale oil production increased... For the first time since 1973, the United States is the world's largest producer of crude oil, according to preliminary estimates published on Wednesday by the Energy Department. The … [Read more...] about America passes the Saudi’s as the largest oil producing nation….
the Economy
Donald Trump heaps praise on incomplete Federal storm disaster relief efforts
If you're in the Carolina's and you expect the Trump Admin to bend over backwards to help your states recovery after the storm? Think again.... Donald J. Trump @realDonaldTrump We got A Pluses for our recent hurricane work in Texas and Florida (and did an … [Read more...] about Donald Trump heaps praise on incomplete Federal storm disaster relief efforts
The Federal deficit ballons 32% out to $895 BILLON….
Wasn't the Republicans the ones who harassed President Obama about spending? Didn't THEY want 'balanced' budgets? Didn't THEY instal a 'sequester' to limit spending? Huh? The federal deficit hit $895 billion in the first 11 months of fiscal year 2018, an increase of … [Read more...] about The Federal deficit ballons 32% out to $895 BILLON….
U.S. trade gap widens for second straight month…
American goods shipped to other countries have DECLINED.... Americans are INCREASING their buying for foreign made goods.... This the opposite of what Donald Trump is trying to do with his trade wars.... The trade deficit, the difference between goods exported from America … [Read more...] about U.S. trade gap widens for second straight month…
That ‘Great’ Economy of course isn’t ‘Great’ everywhere….
We KNOW THAT..... The Wall Street Journal points to the fact that in some area's things are rosy..... But in others? NOT.... Wall Street Journal: “The U.S. economy is roaring like it hasn’t in many years, which ought to be good news for the Republican Party in the … [Read more...] about That ‘Great’ Economy of course isn’t ‘Great’ everywhere….
Trump’s zeal to stop immigration is hurting American business…..
Donald trump under prodding by his trusty assistant Stephen Miller is working to scare and stop anyone wishing to come to this country....(And has been here legally also) Millers's effort seem to be from a person who is physically afraid of immigrants and refugees.... Media … [Read more...] about Trump’s zeal to stop immigration is hurting American business…..
Minimum wage hikes = Automated checkout machine’s growth…..
Observation.... In my latest visit's to national stores like Home Depot and Target? Less cashier's.... More checkout machines.... Surprise? Nope.... The drive for higher minimum wages was projected to cost jobs.... THAT HAS been the case in big stores. around … [Read more...] about Minimum wage hikes = Automated checkout machine’s growth…..
China deals with the Trump trade throwdown….
Trump's trade actions are affecting China.... They are taking political and economic steps to ride his action out.... The leading export indicator fell into the contraction zone from June, when the Trump administration announced tariffs on US$50 billion of Chinese … [Read more...] about China deals with the Trump trade throwdown….