Sep 6, 2022 ~ White House press secretary Karine Jean-Pierre said, "We have created nearly ten thousand million jobs since President Biden took office, which is the fastest job growth in history." That is 10 billion jobs. Fact check: False. #FakeNews[Biden, Economics, Economy, Fake News]
Sep 6, 2022 ~ Fox Business, "Experts blame green energy policies for Europe's full-scale energy crisis: 'A warning to the US'" 'There's been under-investment in fossil fuels in Europe,' an analyst from research firm Rystad Energy tells FOX Business. Europe is paying for their 'green' policies. [Climate Change, Economics, Economy, Energy]
Sep 9, 2022 ~ Bjorn Lomborg, "We need to calm down on climate. We need to stop wasting trillions achieving almost nothing." [Climate Change, Economy]
Oct 17, 2022 ~ Brian C. Joondeph, 'The National Debt Elephant in the Room' "Each % increase of the federal funds rate translates into over $300 billion in annual interest payments." "There are no good solutions." Printing money causes more inflation, higher interest. [Debt, Deficit, Economics, Economy]
Aug 3, 2023 ~ Fitch Ratings has downgraded the United States of America's Default Rating to AA+ from AAA. The Biden admin. blames Trump. The US is $32 Trillion in debt and all the Democrats can talk about is spending more. They would have spent far more were it not for JUST 2 sane Democrats. [Debt, Deficit, Economy]
Aug 13, 2023 ~ "'Bidenomics' Has Been a Disaster" "The president and his allies had far more to do with destroying jobs than creating them... Approximately 10 million of the jobs that Biden now brags about overseeing are just people coming back to the workforce after state-compelled lockdowns." He also did nothing to reduce inflation beyond fed policies. He tried to make it worse but was stopped by the 2 sane people in his party. [Biden, Covid19, David Harsanyi, Economy]
Aug 20, 2023 ~ Steve Moore, 'Michigan Is Headed Back to Rust Belt Poverty' Dems repealed "right to work" laws. This bill will not only take away the right to choose from Michigan workers, but it will also do great damage to the state's economy. States that have "right to work" laws create jobs at almost twice the pace of states with forced union policies. Many businesses won't even consider locating a new factory or blue-collar operation in a forced union state. The auto jobs in America will now accelerate their move to the Southern states, which happen to be "right to work." [Economics, Economy]
Oct 6, 2023 ~ Biden posts a graphic showing his alleged "job creation" several times higher than almost all presidents since Reagan and shows Trump's job creation as negative. This is one of the most dishonest political claims of all time. Absent the pandemic which was out of Trump's control, Trump's economy and job creation was far better than Biden's. And most of Biden's "job creation" was people RETURNING to the workforce after a MANDATORY shutdown. [Economy, Fake News, Politics]
Oct 29, 2023 ~ John Kerry is pushing for a “climate losses and damages fund” funded mostly by the US of course with the world's biggest emitter of CO2, China exempt. These transfer payments will have no effect on climate. "These climate reparations are nothing more than a global shakedown orchestrated by those who live under the fallacy that money changes weather." [Climate Change, Economy]
Mar 17, 2024 ~ Democrats and all of the usual #FakeNews outlets are running with the headline that Trump said there is "going to be a bloodbath" if he is not elected. Heard in context, he was clearly referring to what will happen to the car manufacturing industry. The #FakeNews never changes. [Economy, Fake News, TDS]
Mar 19, 2024 ~ 'Larry Summers: Inflation Much Worse Than Government Says' "We show that if we make an effort to reconstruct the CPI of Okun’s era—which would have had inflation peak last year around 18%, we are able to explain 70% of the gap in consumer sentiment we saw last year." [Economics, Economy]
May 25, 2024 ~ 'Joe Biden’s Terrible Tax Hikes' Biden plans to let Trump's TCJA expire. That will undo all of this: "Annual tax revenue increased by 1.1 trillion from 2018 to 2023, a whopping 33% rise. Wages for millions of Americans surged, with more than 400 companies announcing bonuses, new hires, or new investments in the United States." "Over $1.5 trillion was repatriated to the United States from overseas." [Economics, Economy, Tax Cuts]
Sep 2, 2024 ~ 'No, illegal immigration does not help the U.S. economy' Article debunks a common Dem talking point. "54% of illegals were receiving handouts vs. 39% of U.S citizens."
"Compared to households headed by the U.S.-born, immigrant-headed households have especially high use of food programs (36% vs. 25% for the U.S.-born), Medicaid (37% vs. 25% for the U.S.-born), and the Earned Income Tax Credit (16% vs. 12% for the U.S.-born)." Source: Center for Immigration Studies [Economy, Entitlements, Fake News, Illegal Immigration]
Sep 7, 2024 ~ "Net Zero: 'Totally Crazy Weather Roulette'" Germany plans to charge more for electricity on cloudy days to help compensate for getting less electricity on cloudy days. This cannot be the future anyone wants. Business already say this won't fly. [Climate Change, Economy]
Oct 28, 2024 ~ "‘I’ve Got The Easiest Job In American Politics’: JD Vance Primes Rally Crowd For Trump At MSG"
"My friends, I’ve got the easiest job in American politics. Think about this: All I’ve gotta do is remind people what life was like when Donald J. Trump was President of the United States. We had PEACE, we had PROSPERITY. Take home pay was rising the fastest that it had in 40 YEARS. Inflation was at 1.5%, the lowest that it had been in a generation. Gas and groceries were affordable. And when Donald Trump was president, we had the most secure border in the history of this country." [Economy, Politics, Trump Win]
Oct 29, 2024 ~ 'Dead Wrong Again -- Nobel Economists Put Partisanship Over Economic Common Sense' Stephen Moore destroys economists who say Harris is better for the economy than Trump. They are the same ones who predicted economic disaster for Trump's first term. Same ones that praised Hugo Chavez. Same ones who said Biden's policies would not cause inflation. Total clowns with zero credibility. [Economics, Economy, TDS]
Dec 9, 2024 ~ 'The Milei Revolution' "Between 1980 and 2023, Argentina was one of the few countries in the West that saw a relative decrease in living standard."
"Finally, the Argentine people had enough. They elected as president Javier Milei, an audacious and magnetic Austrian school economist dedicated to free markets. 'Viva la libertad, carajo!' he shouted while wielding a chainsaw -- signifying proposed cuts to government spending -- on the campaign trail. As Milei told the arrogant interventionists at Davos, 'Economic freedom, limited government and unlimited respect for private property are essential elements for economic growth. The impoverishment produced by collectivism is not a fantasy, nor is it an inescapable fate. It's a reality that we Argentines know very well.'"
"And the results are nothing short of astonishing. While shouting 'afuera!' he has cut the number of ministries from 18 to eight, fired members of the bloated public sector en masse and dumped the corrupt intermediaries in the welfare system. He has slashed the budget by 32%, brought a fiscal surplus for the first time in years, and brought inflation down from a month-on-month rate of 25% to 2%. The stock market has skyrocketed; investors are once again looking at Argentina as a target for their money." [Ben Shapiro, Economics, Economy, Politics, Socialism]
Mar 15, 2025 ~ Victor Davis Hanson explaining how Trump uses tariffs effectively: Donald Trump’s Tariff Diplomacy Is Working President Donald Trump is not using tariffs for their historical purpose, which is to protect and promote domestic industry. Instead, Trump, as Victor Davis Hanson argues, is using tariffs to hold countries, like Panama, Colombia, Venezuela, and China, accountable. And it’s working. On this edition of “Victor Davis Hanson: In His Own Words,” Hanson dispels the Left’s hysteria over President Trump’s tariff policies: “So, if you take Venezuela and Colombia, he's saying that ‘you people deliberately emptied your jails and you sent them to the United States—sent them being felons—violent felons. And you're not going to do that anymore’. And they said, ‘we're not taking them back’. He said, ‘you're going to take them back, or I'm going to put a tariff’. So, it was a lever of diplomacy, and it worked. They backed down completely.” [Economics, Economy, Trump Win]
Mar 23, 2025 ~ 'JD Vance: Businesses That ‘Invest in America‘ Will Be Rewarded' "Vance spoke about how the Trump administration’s “goal is to make it easier and more affordable to make things again” in the U.S. President Trump has been clear about his plan, about our administration’s plan — our goal is to make it easier and more affordable to make things again in the United States of America. If you invest in America, in American jobs, in American workers and in American businesses, you’re going to be rewarded. We’re going to cut your taxes, we’re going to slash regulations, and we’re going to reduce the cost of energy and build things right here in this country that all of us love. But, if you try to undercut us and build outside of our borders, President Trump’s administration has got nothing for you. If you want to be rewarded, build in America. If you want to be penalized, build outside of America. It’s as simple as that.” [Economics, Economy, Politics, Regulations, Trump Win]
Mar 29, 2025 ~ 'The Trump effect: An unprecedented investment surge and economic renewal' "In the opening weeks of President Trump’s return to office, the United States has seen a surge in direct investment -- estimated at $3 trillion -- from both American companies and international partners. This wave of capital reflects a dramatic return of confidence in the U.S. economy and growing recognition of what is now widely called “The Trump Effect”: a renewal of American strength, productivity, and potential. Central to this resurgence is President Trump’s bold tariff strategy, which reasserted American leverage on the global stage, protected domestic industries, and created the conditions for this economic juggernaut to emerge.
The scale of this investment is historic. Technology and manufacturing have received a remarkable boost, with Apple ($500 billion), Nvidia ($100 billion+), SoftBank with OpenAI and Oracle ($100 billion), and Taiwan Semiconductor ($100 billion) committing over $800 billion to U.S.-based innovation." See article for similar investments across many other industries. [Economy, Trump Win]
Apr 5, 2025 ~ 'Trump Has a Point About Other Countries’ Tariffs on Our Goods' This article has a good list of countries and the tariffs they impose on the US. Trump wants 'reciprocal tariffs.' Unfortunately, what Trump did was not that. He implemented tariffs based on trade deficits which makes no sense. The stock market is reacting very badly to the misguided program. [Economics, Economy]
Apr 16, 2025 ~ 'Guess What? We’re Already Rich' "Trump is using a defibrillator on a patient who not only passed a stress test with flying colors but is beating everyone else in the 100-yard dash." "If we’ve gotten “ripped off” as President Trump and supporters of the trade war like to say, the supposed thieves have gained little and the purported victim has continued to march ahead." [Economy, Politics, Rich Lowry]
Apr 20, 2025 ~ "Tech Giant Commits $500 Billion To Make AI Supercomputers ‘Entirely In The U.S.’"
Clearly influenced by Trump's tariffs, Nvidia announced, “Within the next four years, NVIDIA plans to produce up to half a trillion dollars of AI infrastructure in the United States through partnerships with TSMC, Foxconn, Wistron, Amkor and SPIL.” Nvidia founder and CEO Jensen Huang said, “The engines of the world’s AI infrastructure are being built in the United States for the first time.” Nvidia said that its Blackwell chips have already started being produced at TSMC’s plant in Arizona, which began producing advanced chips in late 2024.
“Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency,” Huang added. [Economics, Economy, Trump Win]
Apr 28, 2025 ~ 'Trump’s Impossible Trade Policy'
There are too many problems with Trump's trade policy to list in this summary so read the article. If he had just done the original 'reciprocal tariff' idea, it might have been good but what he actually did is a disaster. [Economics, Economy]
May 3, 2025 ~ 'We Need Cheap Stuff, and Lots of It'
Trump's reaction to Americans unhappy about massive price increases in Chinese goods due to his tariffs is basically, "Suck it up and make due with less." Trump said, "They have ships that are loaded with stuff we do not need. Maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more than they would normally."
"What Trump was ultimately dismissing is abundance, which is one of the marvels of our system. Fewer choices at a greater cost — whether of dolls or other goods — simply means a lower standard of living."
"All of this is off-brand for a President Trump associated with business success and consumerist excess. It’s more natural for him to be boosterish — we are going to have fabulous dolls at better prices! — than to talk people into accepting scarcity." [Economics, Economy]
May 24, 2025 ~ 'Tariff Folly' John Stossel does a good job explaining the pros and mostly cons of tariffs. Debunks common myths:
Myth 1: Tariffs protect American jobs.
Myth 2: We need tariffs because America runs trade deficits with other countries.
Myth 3: We need tariffs because global trade hollowed out America's manufacturing base. [Economics, Economy, John Stossel]
Jun 1, 2025 ~ 'Trump Makes the Deal of a Lifetime for US Steel'
"Local steelworkers, community leaders and economic experts said President Donald Trump's announcement Friday that a deal was struck between U.S. Steel and Nippon Steel will go down in American history as the most enduring economic "big, beautiful deal" the 47th president has made.
It is a deal robustly supported by the rank-and-file steelworkers from the three plants that make up the Mon Valley Works. The deal is believed to reverse the decline of steel that began under former President Jimmy Carter in the 1970s."
Trump said, "I am proud to announce that, after much consideration and negotiation, U.S. Steel will REMAIN in America and keep its headquarters in the Great City of Pittsburgh."
"The investments and technology transfer will protect and create 100,000 jobs in Pennsylvania, according to an independent analysis by Parker Strategy Group. The analysis estimated that the investment would protect 11,400 jobs and create and support 14,000 new jobs, including over 10,200 in construction." It means billions in investments in many other states as well.
Hudson Institute fellow Paul Sracic said, ""Instead of just killing the deal, he used his opposition as leverage to get even more investment dollars than Nippon Steel had originally offered. In every way now, Trump can take credit for this investment. It was his application of steel tariffs during his first term which led Nippon Steel to seek out the purchase in the first place. Through his application of tariffs, Trump has managed to secure U.S. jobs and helped to directly take on China. Trump can now rightly claim credit for saving these communities and the jobs of the workers who, unlike their union leadership, have served as one of his most loyal sources of support since he first ran for president in 2016. The future is now bright in Pennsylvania." [Economics, Economy, Tariffs, Trump Win]
Jun 1, 2025 ~ Elon Says He Was ‘Disappointed’ By ‘One Big, Beautiful Bill’
“I was like — disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decrease it. And it undermines the work that the DOGE team is doing,” Musk said. "I think a bill can be big or it can be beautiful, but I don’t know if it can be both." [Debt, Deficit, DOGE, Economy, Politics]
Jun 15, 2025 ~ 'Trump’s tariff gamble pays off — without the inflation' A lot of people predicted otherwise. "It was supposed to be economic Armageddon. That, at least, was the loud warning from academics, pundits, and many in the financial press. Tariffs, they said, would torch the American consumer, spike inflation, and crater confidence."
"Instead, something else happened: nothing of the sort."
"Far from igniting the inflationary firestorm predicted by his critics, Trump’s sweeping tariffs — including a 10% universal import duty and targeted hikes on 90 nations — have coincided with the lowest inflation rate since early 2021." [Economics, Economy, Tariffs, Trump Win]
Jun 22, 2025 ~ 'Economic suicide by design' Another big company forced out of a blue state: "Tektronix has decided that it has had enough of the Oregon Democrat high taxes, poor schools, and constant degradation of the quality of life for its employees. Textronix was once one of the largest employers in the state of Oregon." [Economics, Economy, Regulations, Taxes]
Jun 28, 2025 ~ 'GE Appliances Moving Production From China To Red State' More jobs are coming back to America in response to Trump's tariffs. "GE is making a nearly half-a-billion dollar investment and creating at least 800 full-time jobs." “This investment will move production of more than 15 models of front load washers to Building 2 at Appliance Park – bringing the total area of clothes care production to the equivalent of 33 football fields,” a statement from the company said. [Economy, Tariffs, Trump Win]
Jul 2, 2025 ~ 'Canada caves to Trump and rescinds its digital service tax on big tech' Canada thought they could extort money from US high tech companies but not on Trump's watch. He had their back and told Canada he's "terminating ALL discussions on Trade with Canada." Guess what? They caved and rescinded the tax. The days of pushing the US around and taking advantage of us are over. [Economy, Tariffs, Trump Win]
Jul 3, 2025 ~ 'TRUMP EFFECT: U.S. Adds 147K Jobs, Beating Projections For Fourth Straight Month' "The United States added 147,000 jobs in June, beating expectations for the fourth straight month — the latest economic win for President Donald Trump and his administration. The June jobs report, released Thursday, shows growth across sectors as the unemployment rate fell to 4.1%, its lowest since February." “Hats off to President Trump because this three-legged stool of his has really been powerful: the trade, the taxes, and deregulations together.” [Economics, Economy, Regulations, Tariffs, Tax Cuts, Taxes, Trade, Trump Win]
Jul 13, 2025 ~ "‘Experts’ Warned Free Markets Would Ruin Argentina — Looks Like They Were Dead Wrong" "Just days before the November 2023 presidential election, 108 economists from around the world signed an open letter claiming that Milei’s 'simple solutions' were 'likely to cause more devastation in the real world in the short run, while severely reducing policy space in the long run.'"
"Well over a year into Milei’s presidency, Argentina is showing its strongest economic performance in years. The country’s gross domestic product (GDP) jumped 7.7% in April compared to the same month in 2024, far exceeding expectations."
Reminiscent of the 'experts' that predicted economic disaster after Trump's first term. They were dead wrong there too. [Economics, Economy, Fake News, Politics]