The money US over spend's just keeps growing and GROWING...... America’s federal deficit will expand by about $800 billion more than previously expected over 10 years due primarily to two legislative packages approved this year, pushing the nation further into levels of debt … [Read more...] about U.S. deficit to expand by about $800 billion more than previously expected….
US Economy
Stock Market take’s another drop on recession worries….
People have been warning about a US Economy down turn for the last 6 months.... It is NO secret... The markets have been jittery looking at Trump's trade war actions.... (There is a weakness around the planet also due the trade war also) A tax cut that wasn't , a … [Read more...] about Stock Market take’s another drop on recession worries….
Bankruptcies rise….
Great Economy? More like a creeping slowdown.... According to data released last week by the ABI, US bankruptcy filings surged by 3 percent in July 2019 from July 2018. A total of 64,283 filings were reported for July, up from 62,241 for July 2018. And if the trend … [Read more...] about Bankruptcies rise….
Stock Market rallies on possible interest rate cut….
Trump has been leaning on Fed Chair Powell to make the cut... While American and foreign economises are slowing.... Trump wants lower interest rates to keep the economy going.... Fed Chairman Jerome Powell, in prepared remarks for Congress, reaffirmed that the Federal … [Read more...] about Stock Market rallies on possible interest rate cut….
Jobless number for June 2019 declines after a big increase in May….
The headlines should signal relief... They don't actually.... (And remember they come from the Trump admin) Quietly? The American economy is showing signs of a down turn.... The best news to be found in June jobs numbers, released Friday morning, is in what they … [Read more...] about Jobless number for June 2019 declines after a big increase in May….
While the experts ‘say’ the Economy is strong…Donald Trump gets no credit for it….
Usually American Preident's get a good political tail wind with a good economy... Not Donald Trump... Why Not? Is it that most people don't believe that the economy is strong? Or is it Trump himself? A 2017 Tax Cut/Giveaway and a Tax Increase called a Trade War … [Read more...] about While the experts ‘say’ the Economy is strong…Donald Trump gets no credit for it….
Trump…Vote for me to save the Stock Market?
There is no end to the guys bull shit and self delusion..... As he pushes the American economy down.... He tries to make sure people let him keep at it..... President Trump asserted on Saturday there would be dire economic consequences should he lose the 2020 … [Read more...] about Trump…Vote for me to save the Stock Market?
The American budget deficit has grown 40% from last year’s….
I remember when Republicans wanted LESS Government spending .... When was THAT? (Trump: 'I've always loved debt') The Treasury Department says the U.S. budget deficit has increased to $738.6 billion in the first 8 months of the fiscal year — up $206 billion from the same … [Read more...] about The American budget deficit has grown 40% from last year’s….