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Trump Economic Policy Tag

Posted by Mary Chastain on June 22, 2018 18 Comments
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 House has proposed merging the Department of Education with Labor after officials spent months reviewing different agencies to figure out how to downsize the government.

Posted by Mary Chastain on June 15, 2018 53 Comments
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 mark a historic change after three decades of deepening ties between the world’s two largest economies.

Posted by Fuzzy Slippers on June 09, 2018 11 Comments
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 (D-CA) is in a tough spot.   Not only is she too moderate for the Bernified Socialist Democratic Party and too radical for moderate Democrats running in red states, but she can't seem to figure out how to talk to or about an American people who are going back to work and who are experiencing growing consumer confidence.

Posted by Vijeta Uniyal on June 03, 2018 108 Comments
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.

Posted by Leslie Eastman on May 28, 2018 31 Comments
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.

Posted by Mary Chastain on May 23, 2018 2 Comments
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.

Posted by Fuzzy Slippers on May 20, 2018 14 Comments
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. The AFP reports:
Washington and Beijing have agreed to abandon any trade war and back off from imposing tariffs on each other, Chinese state media reported Sunday.

Posted by Mary Chastain on May 18, 2018 9 Comments
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 filled the bill with so much pork that it'd shock anyone that agriculture was the main subject.

Posted by Mary Chastain on May 04, 2018 17 Comments
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.

Posted by Mary Chastain on May 03, 2018 27 Comments
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 increased capital spending by 39%, which is the fastest rate in seven years. Returns to shareholders has only grown by 16%.

Posted by Mary Chastain on April 04, 2018 91 Comments
A possible trade war continues to brew as China proposes its own tariffs on American goods after President Donald Trump's administration released a list of 1,300 Chinese exports it plans to target with tariffs. Despite this action and concerns of a trade war, Trump insists we cannot lose said war because we're already "$500 billion down."

Posted by Leslie Eastman on March 31, 2018 38 Comments
President Donald Trump has been working hard at erasing his predecessor's phone-and-pen legacy. His latest rollback of Obam-era inanity focuses on the Environmental Protection Agency (EPA) and its new plans for fuel economy standards.
The Trump administration is expected to launch an effort in coming days to weaken greenhouse gas emissions and fuel economy standards for automobiles, handing a victory to car manufacturers and giving them ammunition to potentially roll back industry standards worldwide.
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