People gotta stop pushing the American economy is doing fine... It isn't.... U.S. consumer spending sunk in September by the lowest rate in seven months, according to data released Wednesday by the Commerce Department. Sales of retail goods and food services sank 0.3 … [Read more...] about U.S. consumer spending dropped last month….
consumer spending
The US Economy, as expected, IS Slowing…..
The warning signs have been evident for almost a year.... Donald Trump's mindless ticking with it has made things worst and he'll be running on a "great economy?' People keep spending their money but, are getting only small wage increases.... The 2017 tax cut did … [Read more...] about The US Economy, as expected, IS Slowing…..
U.S. Posts Largest-Ever Monthly Budget Deficit Ever in February….
Could it be a tax cut/giveaway and budget that is off the hook? Republicans should be proud.... They did this ALL without the Democrats..... Donald Trump has always said he likes debt..... The U.S. posted its biggest monthly budget deficit on record last month, amid a … [Read more...] about U.S. Posts Largest-Ever Monthly Budget Deficit Ever in February….
Economic indicators point to a slowing America Economy…..
Donald Trump & Co. maybe singing a tune that America is doing fine economically .... But? Looking under the hood? THAT is NOT were this country and the rest of world seems to be going.... The big picture: Economic indicators are moving to the downside, not the … [Read more...] about Economic indicators point to a slowing America Economy…..
Auto loan debt climbs……So does Student loan debt….
Young people lead in both categories .... But the debt is there for older Americans also... And these bill's are actually starting to hurt the buying power of Americans of all ages.... A record total of more than 7 million people in America are at least 90 days … [Read more...] about Auto loan debt climbs……So does Student loan debt….
More than 35,500 federal workers have filed for state jobless benefits due to Trump government shutdown….
That was two weeks ago... The new figures for the recent two weeks are bound to be substantially more.... And the Trump admin won't reimburse state's that pay benefits to another 450,000 that ARE working , but ain't getting paid.... The reason being that WHEN they get … [Read more...] about More than 35,500 federal workers have filed for state jobless benefits due to Trump government shutdown….