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….
The US Economy
Jobless benefit numbers continue much higher then normal….
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….
Federal judge kicks out more Trump limits on high-skilled worker visa program…
Seems like Trump and Stephen Miller's anti-immigration attacks are getting thrown out even BEFOFE the two off them come off the federal government payroll... The Biden admin will rolling back some of their restrictions from day one.... A federal judge in California on Tuesday … [Read more...] about Federal judge kicks out more Trump limits on high-skilled worker visa program…
The Stock Market is going thru the roof…It ain’t the Economy…It IS looking ahead…
The market is firing on cylinders the rest of us don't have.... It's up...Up....UP.... In it's own way? The market may have left Donald Trump early , betting on his absence and recovery from the virus on Joe Biden's watch.... The Standard & Poor’s 500-stock index … [Read more...] about The Stock Market is going thru the roof…It ain’t the Economy…It IS looking ahead…
The Fed stays things ain’t gonna get better in the Economy for a LONG TIME….
Remember that joker Jason Furman , who was trying to sell and 'suck' and 'strong' economic recovery? He's kinda standing alone right now.... Even the Labor Dept, figures that looked so rosey on first place , where wrong..... Donald Trump is facing into headwinds on race, … [Read more...] about The Fed stays things ain’t gonna get better in the Economy for a LONG TIME….
Job Openings in U.S. Increase to 7.3 Million in October
Hmmmm? U.S. job openings unexpectedly increased in October, another sign of tightness in the labor market with the jobless rate at a half-century low. The number of positions waiting to be filled rose by 235,000 to 7.27 million, according to the Labor Department’s Job … [Read more...] about Job Openings in U.S. Increase to 7.3 Million in October
7,000 + want to sell Montana to Canada for $1 trillion to pay down Americans debt…..
Damn!..... More than 7,000 people have signed a petition to “sell” Montana to Canada for $1 trillion and use the proceeds to pay down the national debt – and it seems our northern neighbors would gladly welcome this bite out of the 49th Parallel. “We have too … [Read more...] about 7,000 + want to sell Montana to Canada for $1 trillion to pay down Americans debt…..
The Fed beginning to worry Trump Trade war will depress the US Economy…
Could Donald Trump's action lead to a Economic downfall for the American economy which would accurate China's taking over from America as the world's biggest Economy? Trade has been the engine for mankind for centuries.... Could Donald Trump's lasting memory be of how he … [Read more...] about The Fed beginning to worry Trump Trade war will depress the US Economy…