Nov 9, 2021 ~ Biden comptroller of the currency nominee Saule Omarova admits they want to bankrupt the "coal industry and oil and gas industry." "A lot of smaller players in that industry are probably going to go bankrupt." "We want them to go bankrupt if we want to tackle climate change." [Climate Change, Economy, Energy]
Oct 31, 2021 ~ Energy Sec. Granholm on rise in gas prices: "Gas prices, of course, are based upon a global oil market. That oil market is controlled by a cartel. That cartel is OPEC." Derek Hunter, "We were energy independent, a net exporter, until these morons" undid everything Trump did. [Climate Change, Derek Hunter, Economics, Economy, Energy]
Oct 31, 2021 ~ Andrea Widberg, 'Empty Christmas stockings? Don't blame COVID; blame California' CA's excessive climate change regulations created "an inability of half the nation's truckers from picking up anything from the Port of LA or Port of Long Beach." And AB-5 prevents 'owner operator." [Climate Change, Economics, Economy, Regulations]
Oct 8, 2021 ~ Massive layoffs coming as companies are starting to comply with Biden's vaccine mandate. Biden says that GOOD. "When you see headlines and reports of mass firings, and hundreds of people losing their jobs, look at the bigger story. United went from 59% [vaccinated] to 99%." [Biden, Coronavirus, Economy]
Jul 17, 2021 ~ Dominic Pino, 'You Can’t Build the Interstate Highway System Twice' Joe Biden's multi-trillion $ stimulus bill ignores the economic law called 'diminishing marginal utility' "The economic benefits would be small at best" "we already have the largest highway network in the world." [Economics, Economy]
Jun 5, 2021 ~ Weaker than 'expected' May jobs report. 'Misses' target by 100,000 jobs. Of course this was 'expected' by economists and conservatives who have been pointing out that Biden is paying people way too much NOT to work. Predictable results for anyone except Democrats. [Coronavirus, Economics, Economy]
May 31, 2021 ~ Scott Morefield 'The Dark Democratic Motives Behind The Government-Induced Labor Shortage' Even Dems are not dumb enough to think people will work if you pay them more not to work so what are their motives? They want to grow dependency to grow their power and collapse Capitalism. [Economics, Economy]
May 20, 2021 ~ Biden waives sanctions on the Nord Stream 2 pipeline from Russia, a gift to Putin, while he kills pipelines in the US that would have provided 1000s of jobs and would help with US energy independence. Rich Lowry, 'This story would be a 5 alarm fire if it happened under Trump." [Economy, Energy, Russia]
May 19, 2021 ~ Biden is destroying the economy by ignoring economics. $300 per week extra unemployment keep 9 million unemployed while 8 million jobs remain unfilled. Inflation soaring as the govt. prints trillions. Gas prices way up after canceling pipelines and drilling. All very predictable. [Biden, Economics, Economy]
May 16, 2021 ~ White House economic adviser Cecilia Rouse blames the horrible April jobs report (worst miss since 1998) on Easter being in March this year. This is a silly, un-serious explanation even if Easter were in March, which is wasn't. This is not a serious administration. [Economy, Fake News]
May 12, 2021 ~ Philip Klein, 'Inflation Soars as Biden Pushes for $4 Trillion in More Spending' The CPI increased '4.2% over the last 12 months, which is the highest increase since 2008.' Democrats think they can print countless trillions and not cause inflation. Zero economic understanding. [Debt, Deficit, Economics, Economy]
Apr 16, 2021 ~ Buttigieg caught in a lie by Chris Wallace. Claimed that Moody's said Biden's infrastructure package will add 19 million jobs to the economy. But Moody really said 2.7 million which is also probably overstated but even if true is no where near Buttigieg's claim. [Biden, Economy]
Mar 10, 2021 ~ The trillions have become a Democrat slush fund, not #Covid relief. @seanspicer points out: "Today the House will pass a $2 Trillion bill. only 9% of which is targeted at #covid relief. This is the 6th "Covid" bill in 12 months. All totaled Congress will have spent $5.5 trillion' [Coronavirus, Economy, Politics]
Mar 1, 2021 ~ Larry Kudlow at CPAC, 'Real median family income rose in the 3 years before the pandemic by $6500. That is 5 times what the prior admin [did] in 8 years.' 'Record low unemployment 3.5%' Dems always lie 'tax cuts for the rich' but blue collar real wages +10%. Top 10% only +4%. [Economy, Tax Cuts, Trump Win]
Feb 9, 2021 ~ The CBO released a report analyzing the economic impact of the Raise the Wage Act, which would increase the minimum wage to $15 by 2025. Results: $54 billion deficit increase, would drive up the prices of goods and services, and would kill 1.4 million jobs. Lose, lose, lose. [Economics, Economy, Minimum Wage]
Feb 5, 2021 ~ The mayor of Long Beach mandated $4 raise for all grocery store workers. Kroger had to close 2 stores in response putting many out of work. Biden during debate, 'there is no evidence that when you raise the minimum wage, businesses go out of business. That is simply not true.' [Economics, Economy, Minimum Wage]
Feb 5, 2021 ~ Mario Loyola, 'The Dark Side of the Minimum Wage' 'The data show that increasing the minimum wage results in a significant net increase in unemployment. The increase is particularly pronounced among young adults - and most pronounced of all among low-skilled workers.' [Economics, Economy, Minimum Wage]
Jan 25, 2021 ~ The Biden administration put a 60-day hold on new oil and gas leases on public lands. It is expected to become permanent. This will have a big negative jobs effect on states like New Mexico. Biden thinks if you keep fossil fuels in the ground, everything will just run on sunshine [Climate Change, Economy, Energy]
Jan 25, 2021 ~ Biden canceling the Keystone pipeline eliminates 10s of thousands of blue collar jobs, damages relationship with Canada, destroys our hard earned energy independence, will increase energy costs, makes oil spills more, not less likely and will not benefit the environment one bit. [Climate Change, Economy, Energy, Environment]
Nov 17, 2020 ~ Ryan Mills, 'Florida Restaurateurs Warn Minimum-Wage Mandate Could Shut Them Down' Dems never get that artificially raising wages cuts hours, jobs, raises prices, shuts down businesses, shifts to more automation like touch screens etc. 'There’s no pot of gold in this building.'[Economics, Economy, Minimum Wage]
Nov 17, 2020 ~ Ashe Schow, 'Family Income Rose Drastically Under Trump, Meaning His Economy Was Better Than Obama’s' 'In 2016, real median household income was $62,898, just $257 above its level in 1999. Over the next three years it grew almost $6,000, to $68,703.' Plus record low unemployment. [Economy, Trump Win]
Nov 2, 2020 ~ President Trump signs an EO making it easier to fire federal workers. This change has been long awaited by managers who 'want to hold workers accountable.' But the current process made it so difficult, managers had no choice but to keep bad workers or move them around. [Economy, Regulations, Trump Win]
Oct 30, 2020 ~ The Trump economy roars back at record pace. 3rd quarter annualized GDP was 33.1%, more than double the previous record quarterly GDP growth. [Economy, Trump Win]
Oct 30, 2020 ~ Trump reformed the H1b visas. DHS Sec Ken Cuccinelli. 'The current use of random selection to allocate H-1B visas … hurts American workers by bringing in relatively lower-paid foreign labor.' 'We have seen more progress in the last few weeks than we’ve seen in the last 30 years' [Economy, Immigration, Trump Win]
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.' [Coronavirus, Economy, Trump Win]
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. [Biden, Economics, Economy, Tax Cuts]
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 [Economy, Trump Win]
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. [Economy, First Step, Race, Trump Win]
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. [Trump Win, Economy, Coronavirus]
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.' [Trump Win, Economy, Race]
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. [Trump Win, Economy]
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!' [Trump Win, Economy, 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. [Coronavirus, Economy, Energy, For the record, it’s Congresswoman Ocasio-Cortez]
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'. [Trump Win, Politics, Economy, Race]
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. [Coronavirus, Economy, Politics]
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. [Climate Change, Economy, Environment, Trump Win]
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' [Coronavirus, Fake News, Economy]
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' [Coronavirus, Economy]
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. [Coronavirus, Economy]
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.' [Rich Lowry, Coronavirus, Economy]
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%. [Trump Win, Economy]
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. [Economy, Economics, Energy, Climate Change]
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.' [Trump Win, Economy, Net Neutrality, Regulations]
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. [Trump Win, Economy, Slavery]
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. [Trump Win, Economy, Race]
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. [Trump Win, Economy]
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' [Trump Win, Economy, Regulations]
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.' [Trump Win, Economy]
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%. [Trump Win, Economy, Crime, Terrorism, Race]