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The US Economy

Wall Street ain’t Happy with the more Fed interest rate increases….

December 17, 2022 By jamesb Leave a Comment

Fed Chair Jerome Powell & Co. are working on inflation.... That's all good.... But? America IS also doing a Recession ALSO.... And a Recession ain't happy time either....   “The Fed and the stock market are fighting. They’re in a brawl right now,” said … [Read more...] about Wall Street ain’t Happy with the more Fed interest rate increases….

Filed Under: Government, Other Things, Politics, the Economy Tagged With: Federal Reserve/The Fed, The US Economy, US Inflation/Recession, US Interst rates, US Recession fears, US Stock market

Stocks fall almost 500 points on fears of a Recession…

September 23, 2022 By jamesb

A Recession that is probably here already..... Things are bit crazy right now.... The Fed is hiling interest rates to slow inflation , but their efforts are for naut if consumer pricews don't stop rising.... Oh, and borrowing money on the cheap IS going out the … [Read more...] about Stocks fall almost 500 points on fears of a Recession…

Filed Under: Government, Other Things, Politics, the Economy Tagged With: Politics, Recession/Inflation, Stock Market Falls, The US Economy

Biden wants a Federal Govt. look at why Oil/Gas prices are so High…

November 18, 2021 By jamesb

Average in California over $4 50 a gallon.... Nationally average almost $3.50 a gallon... President Joe Biden asked the Federal Trade Commission on Wednesday to "immediately" investigate whether illegal activity by oil and gas companies is pushing up gas prices as he … [Read more...] about Biden wants a Federal Govt. look at why Oil/Gas prices are so High…

Filed Under: Government, Law, Politics, the Economy Tagged With: Biden/Gas Oil Prices, FTC Gas/Oil prices, Inflation/US Economy, Politics of Inflation, The US Economy, US Gas/Oil Prices Nov. 2021

Labor Unions increase strikes across the country…..

October 13, 2021 By jamesb

Union's continue to lose benefits and power across America.... Refusing their labor seems to be their only way to try to wring out any increases.... Workers in various industries nationwide are threatening to go on strike in a sweeping effort to secure higher pay and better … [Read more...] about Labor Unions increase strikes across the country…..

Filed Under: Other Things, Politics, the Economy Tagged With: Labor/Unions, The US Economy, Union strikes

US added almost a million jobs in July….

August 6, 2021 By jamesb

This sound REALLY good.... But we'll have to wait for a while to see if the number is adjusted or the September back to school move affects things.... This flies in the face of the Delta virus daily media reports.... Some state have stopped extra stimulus payments … [Read more...] about US added almost a million jobs in July….

Filed Under: Government, Politics, the Economy Tagged With: Job /Employment gains, July 2021, PANDEMIC, The US Economy

Congress considering closing China out of American farms….

July 19, 2021 By jamesb

America... The country that thrives  for international trade is looking for protectionism against a Chinese buying spree across the the American economy.... The push to drain China’s influence from the U.S. economy has reached America’s farm country, as congressional … [Read more...] about Congress considering closing China out of American farms….

Filed Under: Government, Law, Other Things, Politics, the Economy Tagged With: China, Congress, Politics, Protectionism against China, The US Economy, US Farms/Agriculture

U.S. Federal Debt to exceed size of Economy….

February 11, 2021 By jamesb

The US Government rarely has a balanced budget... (It is unique in that the government prints the money) But as long as your dollar buys you what we all agree is a dollars worth of products or services and the government pays its bills? Things are fine... Joe Biden is … [Read more...] about U.S. Federal Debt to exceed size of Economy….

Filed Under: Government, Other Things, Politics, the Economy Tagged With: Balanced Budget, CBO/Congressional Budget Office, Congress, Politics, The US Economy, US Budget, US Debt, US GDP, US Spending, virus

Jobless benefit numbers continue much higher then normal….

December 23, 2020 By jamesb

Joe Biden has a pandemic to deal with.... He also has a sputtering economy to deal with.... An estimated 803,000 people applied for unemployment aid for the first time last week, the Labor Department said Wednesday, showing the economy’s persistent weakness as new drama … [Read more...] about Jobless benefit numbers continue much higher then normal….

Filed Under: Government, Politics, the Economy Tagged With: Biden, Jobless /unemployment benefit 's, Politics, The US Economy, Trump, virus

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