Economy  (Page 1)

Minneapolis Requiring Businesses Destroyed by Riots to Pay Property Taxes Before They Can Rebuild

https://youtu.be/Idg0WlXn6CU
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Posted by  ▪  Friday, August 14, 2020 at 7:00am 8/14/2020 at 7:00am
https://youtu.be/Idg0WlXn6CU

The city of Minneapolis is requiring businesses destroyed by the recent riots to pre-pay their 2020 property taxes before they can even officially demolish and rebuild their businesses.

The city allowed these businesses to be destroyed, and now wants a ransom from the very people they victimized. When do the business owners...

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Boat Sales are Surging as People Seek Safe Recreation During Pandemic

https://youtu.be/7j4HciRDrRI
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Posted by  ▪  Wednesday, August 12, 2020 at 11:00am 8/12/2020 at 11:00am
https://youtu.be/7j4HciRDrRI

People who have been trapped in their homes for months, and looking for a form of recreation that allows social distancing are increasingly turning to boating.

Some areas are reporting a massive spike in boat sales. It’s a win for people and the economy.

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2Q GDP Drop In Perspective: U.S. Outperformed EU and Eurozone

ok to use WAJ screenshlot
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Posted by  ▪  Saturday, August 1, 2020 at 12:00pm 8/1/2020 at 12:00pm
ok to use WAJ screenshlot

European Union economies have taken a big hit in the wake of the Wuhan coronavirus pandemic, registering their biggest decline in recent history. The eurozone economies, comprising of 19 out of 27 EU member states, reported an annualized GPD decline of 40.3 percent, higher than the annualized drop of 32.9 percent...

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Over 1.4 Million Filed Unemployment Claims, GDP Dropped 9.5% in Second Quarter

https://www.youtube.com/watch?v=Dy9Qg_a2i-Q&t=79s
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Posted by  ▪  Thursday, July 30, 2020 at 9:06am 7/30/2020 at 9:06am
https://www.youtube.com/watch?v=Dy9Qg_a2i-Q&t=79s

About 1.434 million Americans filed unemployment claims last week as states issue another shutdown due to spikes in coronavirus cases.

The GDP also crashed to a 32.9% annualized rate, which is the biggest drop on record. Overall, the GDP dropped 9.5% between the first and second quarters.

But we have to remember the...

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VIDEO: Watch Trump’s Fantastic Interview With Dave Portnoy of Barstool Sports

https://youtu.be/vRWr9dI8-Jw
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Posted by  ▪  Sunday, July 26, 2020 at 10:00am 7/26/2020 at 10:00am
https://youtu.be/vRWr9dI8-Jw

Dave Portnoy of the tremendously successful ‘Barstool Sports’ did an interview with President Trump this week which is going viral for obvious reasons.

I don’t know how Portnoy secured this interview, but it’s one of the best interviews of Trump in years.

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Unemployment Claims Up Slightly, But Continuing Claims Dropped by 1.107 Million

https://www.youtube.com/watch?v=t3GuOc6FSCo
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Posted by  ▪  Thursday, July 23, 2020 at 11:00am 7/23/2020 at 11:00am
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The unemployment claims last week went up slightly to 1.416 million.

However, continuing claims decreased. That means the unemployment went down a little bit to 11.1%. You need to remember that these numbers lag behind a week.

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Unemployment Claims Come in at 1.3 Million, Continuing Claims Down by 737,750

https://www.youtube.com/watch?v=Dy9Qg_a2i-Q&t=79s
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Posted by  ▪  Thursday, July 16, 2020 at 9:00am 7/16/2020 at 9:00am
https://www.youtube.com/watch?v=Dy9Qg_a2i-Q&t=79s

Unemployment claims continue to tumble! The Labor Department’s report states that 1.3 million Americans filed unemployment claims last week, which is down by 10,000 from the previous week.

Continuing claims fell by 737,750 to 17.338 million.

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Businesses in College Towns Hit Hard by Campus Closures Due to Coronavirus

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Posted by  ▪  Tuesday, July 14, 2020 at 12:00pm 7/14/2020 at 12:00pm

This story focuses on Amherst, MA, but the same would apply to pretty much any town that relies on colleges and universities as a major part of the local economy.

NBC News reports:

When a university closes for COVID-19, its college town may not survive

For more than a century, the office supply store...

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Democrats’ November Strategy: Worry, Don’t Be Happy

https://www.youtube.com/watch?v=txbiwVzqqyk
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Posted by  ▪  Saturday, July 11, 2020 at 9:00pm 7/11/2020 at 9:00pm
https://www.youtube.com/watch?v=txbiwVzqqyk

On June 29, 2020, I urged people Don’t fall for Operation Demoralize:

We are in the middle of another Operation Demoralize. It happens every national election. This time it’s early, only June.

The media swarms and lies. Tells you it’s over, wants you to give up. Happens every single time.

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Unemployment Claims Decrease Again: 1.3 Million Filed Last Week, Continuing Claims Drop by 698,000

https://www.youtube.com/watch?v=t3GuOc6FSCo
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Posted by  ▪  Thursday, July 9, 2020 at 9:00am 7/9/2020 at 9:00am
https://www.youtube.com/watch?v=t3GuOc6FSCo

The Labor Department’s unemployment report shows the unemployment filing numbers continue to decrease as the economy starts to pick up after the coronavirus shutdown.

1.3 million Americans filed last week, which is down by 99,000 from the previous week. The continuing claims fall to 18.06 million, which is a drop...

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June Jobs Report Blows Away Estimates: Added 4.8 Million Jobs, Jobless Rate Falls to 11.1%

https://www.youtube.com/watch?v=Zhg28SogG28
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Posted by  ▪  Thursday, July 2, 2020 at 9:03am 7/2/2020 at 9:03am
https://www.youtube.com/watch?v=Zhg28SogG28

The U.S. economy is picking up after the coronavirus pandemic!

The June jobs report revealed the economy added 4.8 million jobs while the jobless rate fell to 11.1%

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Consumer Spending Increased at Record 8.2% Pace in May

https://www.youtube.com/watch?v=gz2JbBHYdgM
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Posted by  ▪  Friday, June 26, 2020 at 11:00am 6/26/2020 at 11:00am
https://www.youtube.com/watch?v=gz2JbBHYdgM

More good news for the economy! Consumer spending increased at a record 8.2% pace in May as states begin to reopen.

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Unemployment Claims Drop Slightly: 1.48 Million Applied Last Week

https://www.youtube.com/watch?v=Dy9Qg_a2i-Q&t=79s
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Posted by  ▪  Thursday, June 25, 2020 at 9:00am 6/25/2020 at 9:00am
https://www.youtube.com/watch?v=Dy9Qg_a2i-Q&t=79s

Fox Business reported that 1.48 million Americans filed unemployment claims last week:

Another 1.48 million Americans filed for unemployment benefits last week, signaling a slow economic recovery from the coronavirus pandemic and related lockdown as layoffs remain historically high, even as many businesses have reopened.

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Financial Experts Warn Declining Enrollment Could be Disastrous for Many Colleges

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Posted by  ▪  Thursday, June 18, 2020 at 10:00am 6/18/2020 at 10:00am

At this point, many people will shrug over this. Higher education is due for a reckoning.

Campus Reform reports:

Financial experts sound alarm on colleges going bankrupt

A new report from Fitch Ratings warned that declining revenue from tuition costs could threaten the financial solvency of private colleges.

As families of students struggle as a...

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Another 1.5 Million Americans Filed Unemployment Claims

https://www.youtube.com/watch?v=t3GuOc6FSCo
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Posted by  ▪  Thursday, June 18, 2020 at 9:00am 6/18/2020 at 9:00am
https://www.youtube.com/watch?v=t3GuOc6FSCo

The Labor Department reported that another 1.5 million Americans filed unemployment claims last week. The same amount filed the week before.

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Retail Sales Hit Record 17.7% in May in Another Sign the Economy is Recovering

https://www.youtube.com/watch?v=5Qma8LHQlrA
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Posted by  ▪  Tuesday, June 16, 2020 at 7:30pm 6/16/2020 at 7:30pm
https://www.youtube.com/watch?v=5Qma8LHQlrA

America saw a decline in unemployment claims and decent jobs report in May.

The Commerce Department revealed another sign the economy is recovering from the Wuhan coronavirus pandemic. Retail sales hit a record of 17.7% in May.

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Truck Drivers Might Refuse to Deliver to Cities With Defunded Police

https://youtu.be/VVxJi7v-JaM
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Posted by  ▪  Sunday, June 14, 2020 at 10:00am 6/14/2020 at 10:00am
https://youtu.be/VVxJi7v-JaM

American truckers have been working overtime since the beginning of the pandemic to deliver needed goods all over the country, and they have done a great job.

The left’s new effort to ‘defund the police’ is making some truckers nervous, and who can blame them?

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