The Congressional Budget Office predicts what most of us KNOW.... A tax cut and a spending budget that breaks the sequester limits is gonna equal a national debt as $16 trillion.... That's a LOT of RED ink....(The MOST since WWII) Trump has alsways sid he loves … [Read more...] about Trump Admin will have MASSIVE deficits and debt by the end of the year….
The economy
U.S. employment growth slows…. the jobless number stays at 4.1%
In my travel's I 've seen LESS workers in retail stores... And auto checkout machine pop up more... Although last month's net job creation of 103,000 was well below analysts' forecasts, economists instead attributed much of the slowdown to a payback for the unusually big … [Read more...] about U.S. employment growth slows…. the jobless number stays at 4.1%
A look at jobs that go begging in 4.1% jobless American economy….
Low paying jobs in meat packing and lumber industries do NOT appeal to American job seekers....Trump's cut back on refugees and legal immigrants have caused some businesses that need workers to rely even more on those whole can supply those new to the American … [Read more...] about A look at jobs that go begging in 4.1% jobless American economy….
China puts in place import fee’s on up to 128 American products…
China is seeing the Donald Trump threat on tariff's and raising it against American goods coming into their country.... This is NOT gonna go down good for American companies doing business in China a huge market.... The question is? If the raising of prices will see … [Read more...] about China puts in place import fee’s on up to 128 American products…
Wall Street in times of Trump…..’it will all be OK’ isn’t there anymore.”
When a New York Real Estate guy won the Presidency 14 months ago the money guys where ecstatic..... Republicans smiled and took out their cutting knives on the regulations and policies of the federal government.... That was THEN.... Trump's cabinet secretaries are still … [Read more...] about Wall Street in times of Trump…..’it will all be OK’ isn’t there anymore.”
U.S. economy grew more than expected in Q4 of 2017
The U.S. GDP grew to 2.9% in the last quarter of 2017, 0.2 points more than expected and up from the 2.5% annual growth reported in the third quarter. Why it matters: Holiday shopping sales were even higher than originally reported, especially due to jumps in transportation … [Read more...] about U.S. economy grew more than expected in Q4 of 2017
Anybody see an increase in their paychecks from the Republican taxcut/givaway?
Not many people at all.... The 'bump' the Republicans THOUGHT they would get from hustling us working people has fooled only a few.... The same CNBC All-America Economic Survey for March breaks with other recent polls and has Trump's approval rate dropping 3 % … [Read more...] about Anybody see an increase in their paychecks from the Republican taxcut/givaway?
With the Fed move today…Interest rates are going up….
The Federal Reseve thinks the economy is doing good.... They worry about inflation...So they try to keep a handle on the economy.... Higher interest rates to the big guys mean higher interst rates for us consumers.... The Federal Reserve raised interest rates on Wednesday … [Read more...] about With the Fed move today…Interest rates are going up….