Trump Economic Policy Tag

President Trump hopes to flush away even more EPA regulations

Posted by Leslie Eastman on December 07, 2019 32 Comments

President Donald Trump hosted a small business roundtable at the White House Friday, explaining that he'd asked the Environmental Protection Agency to look into rolling back some more of their onerous regulations.

https://www.youtube.com/watch?v=eDHJCM-P9k0

FedEx CEO Challenges NYT Editor ‘to a Public Debate’ Over $0 Tax Article

Posted by Mary Chastain on November 18, 2019 12 Comments

On Sunday, The New York Times had an article about how FedEx managed to cut its tax bill to only $0. FedEx CEO Frederick Smith released a statement, claiming the paper "published a distorted and factually incorrect piece" on his company. Smith also challenged the NYT editor to a public debate on federal tax policy.

Trump Opens up Drilling on Federal Lands in California

Posted by Leslie Eastman on October 06, 2019 26 Comments

The last time we checked California's "resistance" against Trump, the president had threatened to cite San Francisco for violating Environmental Protection Agency regulations.

September Jobs Report: Unemployment at Historic 50-year Low

Posted by Fuzzy Slippers on October 05, 2019 9 Comments

The September jobs report contains good news: unemployment is at a 50-year low, and even so, the U. S. still managed to add an impressive 136,000 jobs.

https://www.youtube.com/watch?v=wl4Hg23RQHQ

Apple Will Manufacture New Mac Pro in Texas After Receiving Tariff Waivers

Posted by Mary Chastain on September 23, 2019 23 Comments

Apple announced this morning that the company will manufacture its new Mac Pro in its facility in Austin, TX. There is a slight catch. Apple secured tariff waivers "for certain necessary components" not made in America.

https://www.youtube.com/watch?v=oBq8Le7290Y&t=4s

Trade war with China intensifies: Trump hikes tariffs and demands businesses relocate

Posted by Leslie Eastman on August 24, 2019 14 Comments

The trade negotiations between the U.S. and China took a hostile turn Friday, as President Donald Trump plans to raise tariffs on the nation in reaction to Chinese tactics to thwart American demands to reduce tariffs and control fentanyl shipments.

Deregulation Nation: Trump Admin Killing 13 Regulations For Each New One

Posted by Fuzzy Slippers on July 25, 2019 21 Comments

One of President Donald Trump's campaign promises was to roll back Obama-era regulations and to lift a variety of restrictions put in place by the mammoth bureaucracy that is our federal government. He stated in the lead-up to the 2016 election that he intended to eliminate two regulations for every new one. To date, the Trump administration is far exceeding that goal, eliminating 13 regulations for every new one.

https://www.cnbc.com/2019/07/09/democrats-too-far-to-the-left-bet-networks-bob-johnson-says.html

BET Founder Robert Johnson: Democratic Party has Moved ‘Too Far to the Left’

Posted by Mary Chastain on July 09, 2019 17 Comments

BET founder Robert Johnson, America's first African-American billionaire, had some harsh words for the Democratic Party and praise for President Donald Trump:

“The party in my opinion, for me personally, has moved too far to the left,” Johnson, the founder of cable network BET and RLJ Companies business network, told CNBC’s Hadley Gamble Tuesday.

https://commons.wikimedia.org/wiki/File:Turnbull_selfie_with_Xi_Trump_Quang.jpg

Kudlow Admits Trump’s Tariffs Will Hurt Both Sides as China Slaps Tariffs on U.S. Goods

Posted by Mary Chastain on May 13, 2019 50 Comments

Tariffs suck. They do not work and will only cause harm for the manufacturer and consumer. President Donald Trump's economic adviser Larry Kudlow broke from his boss on Sunday when he agreed that tariffs would hurt both the US and China after Trump increased tariffs. To make matters worse, China imposed tariffs on $60 million worth of US goods on Monday.

https://www.youtube.com/watch?v=dw1NAxorJNo

Economy Boom: April Added 263,000 Jobs, Unemployment at 50 Year Low 3.6%

Posted by Mary Chastain on May 03, 2019 23 Comments

President Donald Trump has another stellar job report under his belt. Economists predicted 190,000 jobs in April, but the report shows the month added 263,000 jobs while the unemployment rate went down to 3.6%. The unemployment rate has not hit 3.6% since 1969.

https://www.youtube.com/watch?v=sijxjmvllxQ

Expectations Smashed as U.S. Economy Grew at 3.2% in First Quarter

Posted by Mary Chastain on April 26, 2019 13 Comments

I have to admit this news shocked me after lukewarm jobs reports in January and February. The Commerce Department announced this morning the economy grew at a 3.2% rate in the first quarter due to "higher exports and inventory investment." Economists predicted a 2.5% GDP.

https://www.youtube.com/watch?v=dAxREsm8Ws8

Did You Get a Tax Cut? Data Says Yes

Posted by Mary Chastain on April 15, 2019 21 Comments

Happy Tax Day! Unfortunately, the 16th Amendment still exists, which means everyone pays federal taxes. Today is the due date so you better get it in or else the IRS will come after you for the money they believe belongs to them. But I digress. Remember that tax plan that passed in late 2017? The left pounced and convinced people they would not receive a tax cut. Some even believed they would see a tax increase. Lies. Data has proven the left wrong once again.

March Madness: Report Shows 196,000 New Jobs, Unemployment Rate at 3.8%

Posted by Mary Chastain on April 05, 2019 12 Comments

The March jobs report showed a rebound with hiring as the economy added 196,000 jobs and the unemployment rate stayed low at 3.8%. For 102 months, U.S. employers have added jobs, which makes it the longest streak.

https://twitter.com/jeffzeleny/status/944245880152051713

Trump signs permit to begin construction of Keystone XL pipeline

Posted by Leslie Eastman on March 30, 2019 4 Comments

President Donald Trump signed a presidential permit to initiate the construction of the Keystone XL oil pipeline with a facility in Montana, the building of which has been delayed by a federal court order and an injunction.

https://www.youtube.com/watch?v=kP83e18AKhk

January Jobs Report Crushes Expectations With 304,000 New Jobs

Posted by Mary Chastain on February 01, 2019 16 Comments

The economy added 304,000 jobs in January, the 100th month in a row with growth. Experts predicted only 107,000 jobs in January. Labor force participation (LFP) is the highest it's been since 2014 at 63.2%. Average hourly wages only grew by 0.1%, but overall it's up 3.2% from a year ago. The unemployment went up slightly from 3.9% to 4%.

U.S. is Quickly Making Headway in Economic Freedom

Posted by Cameron Gray on January 29, 2019 11 Comments

On Friday at the Heritage Foundation in Washington, DC, I attended the release event of their 2019 Index of Economic Freedom. Heritage, the nation's preeminent conservative think tank, has been publishing its Index for 25 years.

https://www.youtube.com/watch?v=BugnfrZlZC4

Change! U.S. transforms into net oil exporter for first time in 75 years

Posted by Leslie Eastman on December 08, 2018 19 Comments

Legal Insurrection readers might recall when a certain former President said, "We can't drill our way to lower gas prices." Well, it turns out that the Trump administration has transformed the United States into a net oil producer, as it is now exporting more oil than it imports for the first time in 75 years.

U. S. Agrees To Suspend Tariff Increase While Trade Talks Continue

Posted by Fuzzy Slippers on December 02, 2018 66 Comments

In a meeting between President Trump and China's Xi Jinping, Trump agreed to delay the increase in tariffs scheduled for January 1, 2019 while trade talks continue. The tariffs in question were set to jump from 10% to 25%, but this increase will not take place while the two countries engage in further trade talks. The talks are currently expected to last 90 days.

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Trump Economic Policy Tag

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