Republicans were scared shitless of the financial and political ramification's of such an ill-conceived action .... It comes on the heels of them getting Trump to back off efforts to repeal Obamacare in its entirety.... President Donald Trump on Thursday backed off his … [Read more...] about Heeding warning from his own party members….Trump backs away from closing the US/Mexican Border…
The economy
The American Economy IS slowing…..
The fact is? Despite all of the media and Trump stories about a GOOD US economy? Things are softening up.... All the rosy employment talk is spotty at best.... Weighted down by Trump?Republican tax cuts/giveaways... Worries about trade import/export fee … [Read more...] about The American Economy IS slowing…..
$15 Minimum wage effort’s are moving to more states….
It isn't gonna come from a Congress that has a Republican Majority in the Senate... So? Democrats are working on the getting states .... A federally mandated minimum-wage increase seems like a long-shot with the GOP-held Senate, so a collection of states are stepping up … [Read more...] about $15 Minimum wage effort’s are moving to more states….
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….
Wall Street companies are cutting back on making financial reports…
Hmmm? If things are going so good? Why are they doing this? Could be ....The Republican 'trickle down ' thing was always bullshit..... Could be ....Companies are squirreling away money worried that Trump's economic and foreign affairs miscues are about to tear a hole … [Read more...] about Wall Street companies are cutting back on making financial reports…
Doubts raise on the January 2019 Jobless report already…
Told ya so.... Most economists see a recession coming.... The Fed did NOT raise interest rates this time around other... Hmmm? The U.S. government's blowout January jobs report had the lowest response rate in a decade. Why it matters: Economists suspect that the … [Read more...] about Doubts raise on the January 2019 Jobless report already…
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….
Trump Government Shutdown could drop the 1st Qtr GDP to ZERO….
Donald Trump, as usual, is wrecking something he puts his hands on.... His holding everyone captive for a border , that he won't get, may pull the National and the world economy down.... The chairman of President Donald Trump's Council of Economic Advisers said Wednesday … [Read more...] about Trump Government Shutdown could drop the 1st Qtr GDP to ZERO….