The Labor Department reported on Thursday that weekly jobless claims in America has dropped to its lowest level since December 1969. Economists predicted 220,000, but the number is actually 207,000.
Trump Economic Policy
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June Jobs Report Shows 213,000 New Jobs, Slightly Higher Unemployment Rate
All in all, it’s not a bad jobs report to kick off the summer. The Labor Department’s report shows the economy added 213,000 new jobs in June even though experts predicted only 190,000.
This means job growth has happened 93 months in a row, which is a record.
Unemployment went up to 4%...
Germany’s Largest Auto Makers Support Abolishing EU-U.S. Car Import Tariffs
The hysterical America media has certainly been working over-time on its coverage of illegal immigrant children to avoid covering the big wins that President Trump has recently enjoyed.
White House Wants to Merge Labor, Education Departments
When I taught high school English, I realized that education is best handled as locally as possible and developed a hatred for the Department of Education. I’ve often said I would abolish that department immediately if I ever became president.
This may be the first step in the right direction. The White...
Gallup: Satisfaction With Direction of U.S. Hits 12-Year High
Gallup revealed a poll today that shows 38% of Americans expressed satisfaction with the direction of America.
While that may not appear as a big deal, it’s the highest it’s been in 12 years.
Trump Will Approve Tariffs Worth $50 Billion on Chinese Tech Products
President Donald Trump will approve a plan that will impose a 25% tariff on Chinese technology products, which is worth around $50 billion. From The Washington Post:
Although the import levies affect less than 10 percent of the $505 billion in Chinese goods that Americans buy each year, Trump’s new trade barriers...
Trump at G7 Summit: The days of the U. S. being world’s “piggy bank” are over
There have been many intriguing reports coming from the Group of Seven (G7) economic summit that was held in the Quebec city of Charlevoix
Perhaps my favorite was when President Donald Trump explained the new New World Order, in which the United States was
Pelosi Dismisses Americans’ Strong Consumer Confidence
The economy is moving in the right direction, with the unemployment rate the lowest it’s been for 18 years and consumer confidence at “a 17-year high.” This is not good news for Democrats who are watching their midterm blue wave potentially dwindle into a sad little ripple.
Former House Speaker Nancy Pelosi...
Trump signals support for legislation ending federal marijuana ban
President Donald Trump may have thrown a bone to the horde of progressives stressed by his administration and clamoring for his impeachment.
He has signaled that his is open to supporting the end of the federal ban on marijuana.
Trump’s Tariff Decision Irks Merkel, Macron
President Donald Trump’s move to impose tariff on steel and aluminum imports from Europe has triggered sharp response from the EU, Germany and France. President Trump’s decision to apply the duties of 25 percent on steel and 10 percent on aluminum was in response to long-standing European customs duties on U.S. imports.
May Jobs Report: Unemployment Rate Hits 18 Year Low at 3.8%
The May jobs report came in better than expected! Employers added more jobs, wages went up, and the unemployment rate is 3.8%, which is the lowest it’s been in 18 years.
Bad News for Democrats: U.S. economy trumps Hong Kong’s as “most competitive in the world”
The U.S. has trumped Hong Kong to retake first place among the world’s most competitive economies, thanks to faster economic growth and deregulation that is promoting innovation.
The Switzerland-based IMD World Competitiveness Center, which conducted the analysis, had Singapore, the Netherlands, and Switzerland rounding out the top 5 spots.
House Passes Bipartisan Deal to Roll Back Big Part of Dodd-Frank
President Donald Trump promised big changes to Dodd-Frank shortly after his inauguration. He may have the opportunity to do just that this week.
In a rare instance of bipartisanship, the House passed a bill that will rollback portions of the financial law for smaller banks.
U. S. and China Put Trade War “On Hold,” Including Imposition Of Tariffs
We’ve been covering the Trump administration’s trade talks with China, and now both nations have reportedly agreed to halt the trade war, including the imposition of tariffs, until a deal has been reached.
Washington and Beijing have agreed to abandon any trade war and back off from imposing tariffs on...
Pork Filled Farm Bill Dies in the House
The splashy headlines in the MSM all talk about how the House Freedom Caucus killed the farm bill in the House today since those members demanded the lawmakers vote on immigration legislation first.
But it’s a good thing this bill died because of the non-sexy components the MSM won’t touch. The lawmakers...
U.S. Unemployment Rate Below 4% for the First Time Since 2000
The April jobs report has a few good and bad items. The economy added 164,000 jobs, which sounds great, but below the 175,000 – 190,000 forecasters predicted.
The biggest news? The U.S. unemployment rate is at 3.9%. This is the first time the unemployment rate is below 4% since 2000.
Data Reveals Companies Have Used Tax Cuts to Increase Capital Spending
Remember when the left said that President Donald Trump’s tax reform would not work because the companies would give those breaks to shareholders instead of reinvesting in the company?
Well, Bloomberg released data that shows capex (capital expenditure) has won out. It shows that the 130 companies in the S&P 500 have...
