Oct 22, 2020 ~ V shaped economic recovery from #COVID19 is in progress. CNBC, 'New filings for jobless claims in the U.S. totaled 787,000 last week, the lowest total since the early days of the coronavirus pandemic.'
Oct 22, 2020 ~ Kevin Williamson, 'Joe Biden Can't Tax the Rich'. Tax increases on 'the rich' and businesses boomerang back onto the poor and middle class. They pass on the increases in the form of higher prices, lower wages, less raises, less hours, layoffs, etc. GDP goes down. Hurts 401k too.
Oct 6, 2020 ~ Stephen Moore, 'Just Who Is the Real Blue-Collar President?' Manufacturing: Obama: -192,000 Trump: 475,000 Mining: Obama: -112,000 Trump: 63,000 Construction Obama: 280,000 Trump: 746,000
Sep 23, 2020 ~ Georgia Democrat Vernon Jones article, 'Trump Did More for Black Americans in 4 Years Than Biden Has in Over 40' Jones details Biden's racist and harmful to black people past and says, 'President Trump is Biden’s polar opposite.' First Step, record black employment, and more.
Sep 3, 2020 ~ Blowout August Jobs numbers. The Hill said in June, 'Fed predicts unemployment will fall to 9.3 percent by end of 2020'. Its at 8.4% already by August. 1.34 million jobs added in August. 2.5X the single month record. Half of the jobs lost to COVID19 have already been recovered.
Aug 8, 2020 ~ John Carney, 'Black Employment Rose Faster than White Employment in July, Black-White Jobless Gap at Historic Low'. Black employment up 1.4 compared to 0.6% for Whites. The black/white unemployment gap 'is now at its narrowest point in historical records going back to the 1970s.'
Aug 8, 2020 ~ Ken Blackwell, 'U.S. Manufacturers Are Coming Back Thanks to Trump'. 'Everything changed with the election of Donald J. Trump, who has kept his promise to rebuild American manufacturing as part of his plan to Make America Great Again.' Whirlpool one of many now expanding in Ohio.
Jun 6, 2020 ~ Stunning May Jobs Report. 2.5 million jobs. Largest monthly increase ever. Unemployment which was predicted by Dow Jones economists to rise to 20% fell to 13.3%. Trump celebrates and warns, 'The only one that can kill this comeback is Sleepy Joe Biden!'
Apr 21, 2020 ~ Oil futures turn negative as it costs more to store it than sell it.. Could cost 100s of 1000s of jobs if the industry collapses. AOC celebrates, 'You absolutely love to see it.' Trump understands the situation and instructs the govt. to buy oil to top off the strategic reserve.
Apr 15, 2020 ~ GA State Democratic Representative Vernon Jones said he is backing Trump in 2020. 'President Trump's handling of the economy, his support for historically black colleges and his criminal justice initiatives drew me to endorse his campaign' black unemployment 'at historic lows'.
Apr 14, 2020 ~ Politico, 'Economic meltdown gives Democrats new hope in Texas' Dems have known Trump would be hard to beat in a strong economy. Some like Bill Maher have openly wished for recession. As they advise on Covid, they can't unknow that economic hardship is good for them politically.
Mar 31, 2020 ~ Trump Admin enacts Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule, a much more sensible alternative to Obama's CAFÉ increases. Cars can be heavier, thus safer, and will save American's $1000s. Unrealistic CAFÉ standards necessitate unsafe cars killing thousands a year.
Mar 29, 2020 ~ Ridiculous fake news. The Washington Post said 'The coronavirus recession is exposing how the economy was not strong as it seemed' What economy could withstand a total and extended shutdown? Top comment 'The 1906 San Francisco earthquake revealed that concrete is not very strong'
Mar 24, 2020 ~ Fauci defends Trump wanting to restart economy. 'having an enormous impact on the economy..., which may actually indirectly even cause a considerable amount of harm and difficultly, even health wise. So it's a delicate balancing act, which the president is trying to get it right'
Mar 22, 2020 ~ Trump echoes a lot of sentiments saying 'WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF.' Hopes we can be back to work by Easter. This does not mean we do nothing to prevent spread and protect the vulnerable but this not sustainable. Will lead to the Greatest Depression.
Mar 19, 2020 ~ America told to stay home, close businesses and schools, end gatherings etc. to 'flatten the curve' of Covid-19 spread. Economy grinds to a halt. Rich Lowry, 'This Is Not Sustainable' 'Obviously, a self-inflected depression can't be the solution to the coronavirus for very long.'
Mar 6, 2020 ~ Another huge jobs number. Nonfarm payrolls increased by 273,000 in February blowing out the economist estimate of 175,000. The unemployment rate fell even further to 3.5%.
Feb 25, 2020 ~ Stephen Moore, 'Natural Gas Is Crushing Wind and Solar Power' The cost of natural gas is down 90% since 2005 'thanks to fracking' which dems want to ban. Had to import natural gas 10 years ago. This boom has allowed the US to reduce CO2 emissions faster than any other country.
Feb 24, 2020 ~ Sean Moran, 'Net Neutrality Repeal Raises Annual Incomes by $50 Billion' The White House Council of Economic Advisers (CEA) reports that repealing net neutrality 'raised real annual incomes by more than $50 billion per year and consumer welfare by nearly $40 billion per year.'
Feb 21, 2020 ~ Democrats, embarrassed or annoyed that Trump has achieved the lowest black unemployment rate in history have to deflect in absurd ways. James Clyburn says its not the lowest 'unless you count slavery. We were fully employed during slavery.' Unknown how this makes Trump look bad.
Feb 7, 2020 ~ NY Times, 'President Trump frequently celebrates the experience of black workers, noting correctly that the group's unemployment rate is at its lowest on record... Their wages are also going up... wage growth for black workers has accelerated recently after lagging for' a decade.
Feb 7, 2020 ~ Bureau of Labor Statistics reports that U.S. economy added 255,000 jobs, exceeding expectations again. 'These are blow out numbers'. Wage growth continues to be strong. Hourly wages have grown at the 3% rate or better for 18 months straight.
Feb 6, 2020 ~ Patrick Pizzella, deputy secretary of Labor, 'The Deregulatory Achievements of the Trump Labor Department' Intelligent deregulation to unburden employers, 'We target only regulations whose good intentions never materialized or whose burden outweighs whatever supposed benefit'
Feb 5, 2020 ~ CNBC, 'Private payrolls soar in January, the best monthly gain in nearly 5 years' 'Private payrolls rose by 291,000 in January, the best month since May 2015, according to ADP and Moody's Analytics.' 'nearly twice the expected gains.' 'Growth came across a swath of industries.'
Jan 30, 2020 ~ Gallup Poll shows Americans are feeling better about almost everything since President Trump started. Satisfaction with Economy, up 22%, Security from Terrorism up 28%, Military Strength, Preparedness up 15%, Reduce, Control Crime up 9%, even the state of race relations up 34%.
Jan 29, 2020 ~ President Trump signed the historic USMCA United States-Mexico-Canada Agreement, the USMCA fulfilling a campaign promise to replace the flawed NAFTA. Even democrats and union leaders agree that USMCA is far better than NAFTA. Expected to create 80,000 new auto jobs alone.
Jan 26, 2020 ~ Ivanka Trump, 'The U.S. economy added 1.5 million jobs for women in 2019, 72% of total jobs added!' 'This party is leading on doubling access, we've eliminated child care wait lists in dozens of states across the country? passing into law' 12 weeks of paid family leave for govt.
Jan 19, 2020 ~ More than 2.4 million households (20.9M to 18.4M) and 5.9 million individuals (42.3M to 36.4M) have gone off of the Food Stamp program since Trump's first month in office according to USDA numbers.
Jan 16, 2020 ~ Trump signs the 'Phase One' trade deal with China after over a year of negotiations. Cuts tariffs in half. China agreed to stop many unfair trade practices and committed to purchasing $200 billion worth of American goods over 2 years, manufacturing, energy, agricultural exports.
Jan 10, 2020 ~ A record 158,803,000 Americans are employed; a 1.85M Year-to-Year Increase . CNSN News.
Jan 7, 2020 ~ Larry Elder column, 'The Great Recession: 'Reparations' Gone Bad'. Elder reminds us that it was false charges of racism that led to forcing banks via the CRA to lend to people of color who otherwise wouldn't qualify. Banks were discriminating on credit score and income, not race.
Dec 27, 2019 ~ Dems lie saying Trump's tax cuts and other economic reforms were 'for the rich' but numbers show that the lowest 25% of wage earners got the biggest wage increases by far. 4.5% vs avg of 3.6%. Top 25% only increased 2.9%. Due to very low unemployment leading to tight labor market
Dec 25, 2019 ~ Economy continues to fire on all cylinders. Bloomberg reported, 'Holiday shopping set records over the weekend, with Super Saturday sales reaching $34.4 billion, the biggest single day in U.S. retail history.'
Dec 22, 2019 ~ Labor Unions proclaim that the USMCA trade agreement Trump insisted on is far better than NAFTA for workers. United Steelworkers President Thomas Conway, 'certainly better than NAFTA'. AFL-CIO's Trumka 'a far cry from the original NAFTA, and that is a huge win for working people'
Dec 22, 2019 ~ Trump rolls back light bulb regs. The Hill, 'Today the Trump Administration chose to protect consumer choice by ensuring that the American people do not pay the price for unnecessary overregulation? The American people will continue to have a choice on how they light their homes'
Dec 19, 2019 ~ Bloomberg article, 'U.S. Companies' Repatriated Cash Hits $1 Trillion Under Tax Law' thanks to the Trump corporate tax cuts. 'Before the overhaul, companies were incentivized to keep profits overseas because they owed a 35% tax when bringing it back.'
Dec 17, 2019 ~ The Dow Jones Industrial Average is up over 10,000 points since President Trump was elected. Result of pro-growth polices, lower taxes for businesses and individuals, America First tax incentives, less regulation, higher wages & consumer confidence and re-negotiated trade deals.
Dec 15, 2019 ~ Larry Kudlow on USMCA and China deals, 'it does show that President Trump's example of being a tough hard nosed bargainer on trade and economic matters works? he has accomplished stuff here in the trading area that no one and I mean no one in our memory has been able to achieve.'
Dec 12, 2019 ~ Forbes, Trump signs 'Phase One' China Trade deal 'leading Wall Street investors to rejoice.' 'promises by China to buy more U.S. farm goods' existing tariffs cut by 50% covering '$360 billion of Chinese goods' Next round of tariffs cancelled covering '$156B of Chinese goods'
Dec 10, 2019 ~ The Trump Administration and House Democrats have reached an agreement on the United States, Mexico and Canada Agreement, USMCA. This replacement for NAFTA was something Trump always wanted to do. Nancy Pelosi says 'it's a victory for America's workers.' 'much better than NAFTA'.
Dec 8, 2019 ~ Treasury Department Assistant Secretary of Public Affairs Monica Crowley, 'Since the president's election in November 2016, the economy has added more than 7 million jobs? 5.1 million more jobs than the Congressional Budget Office, CBO, projected? before the 2016 election.'
Dec 6, 2019 ~ U.S. economy created 266,000 nonfarm jobs in November, better than expected again. Unemployment remains at a 50 year low. CNBC's Jim Cramer, 'I don't see inflation. I don't see recession.' 'These are the best numbers of our lives.' Stock market powers to new record highs.
Nov 29, 2019 ~ BET founder Robert Johnson doesn't think any dem 'is capable of beating Donald Trump' Big reason is record low black unemployment rate. Was as high as 19.3% in 2010 under Obama. Is now 5.4%. Larry Elder in 2015 'By every key economic measurement, blacks are worse off under Obama'
Nov 20, 2019 ~ NBC News, 'Apple breaks ground on $1 billion Texas campus as Trump tours manufacturing facility'. Trump tours facility with Apple CEO Cook. Apple will 'create another 5,000 jobs as part of a $1 billion expansion announced last year.'
Nov 1, 2019 ~ Job growth continues to outpace expectations. CNBC, 'Nonfarm payrolls rose by 128,000 in October, exceeding the estimate of 75,000 from economists surveyed by Dow Jones.' August and Sept. revised higher as well. 'previous months' counts were revised considerably higher.'
Nov 1, 2019 ~ Black unemployment rate continues to set new record lows. Now at 5.4% which again is the lowest level ever recorded.
Oct 25, 2019 ~ Of all the disastrous ideas dem candidates have this year, banning fracking is one of the worse. Would eliminate 14 million jobs, would raise the cost of living for Americans about $4000 per family and would return America to being dependent on foreign oil. All for no benefits.
Oct 17, 2019 ~ Louis Vuitton announces it is opening its newest plant in Texas. This will create another 1,000 jobs. 'This is consistent with Louis Vuitton's recent signing of the Pledge to America's Workers, which aims to expand programs that educate, train and support American workers.'
Sep 30, 2019 ~ President Trump touts more job expansion in America. 'BIG NEWS by @Hyundai, @Kia, and @Aptiv on a 4 BILLION DOLLAR joint venture to develop autonomous driving technologies in the USA. That's a lot of $$ and JOBS! Great jobs coming back to America!!'
Sep 30, 2019 ~ President Trump touts more job expansion in America. 'Navistar will be building a new 250 MILLION DOLLAR truck factory in San Antonio with 600 new jobs. Congratulations San Antonio and Texas! America makes the GREATEST trucks in the world!'