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Keyword: economy

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  • 100 manufacturers have increased hiring, given bonuses or raises since TRUMP/GOP tax reform

    08/17/2018 3:01:27 PM PDT · by SleeperCatcher · 3 replies
    The National Sentinel ^ | 8/17/18 | USA Features
    Crumbs, not: If the financial growth we’re now seeing continues for an additional six-and-a-half years of POTUS Donald Trump and a more Trump-friendly GOP majority (yes, we believe he’s got 2020 in the bag), the United States will experience an economic renaissance the world has seldom seen. Thanks to the tax reform bill passed by Congress (opposed by every Democrat, by the way), American manufacturing is growing at a pace not seen in decades. Not only that, but companies are sharing their windfall — and no, they’re not handing out “crumbs,” as that out-of-touch multimillionaire Nancy Pelosi once said.
  • Worried About Turkey’s Economic Problems? China’s Could Be Worse

    08/16/2018 8:41:18 AM PDT · by SeekAndFind · 2 replies
    New York Times ^ | 08/15/2018 | By Ruchir Sharma
    Falling back on a standard excuse of besieged strongmen, President Recep Tayyip Erdogan of Turkey is blaming traitors and outside powers for his nation’s financial crisis, and describing the strong United States dollar as among “the bullets, cannonballs and missiles” foreigners are using to wage “economic war” on his country. Many emerging markets make themselves vulnerable to financial crisis by spending more than they can afford, and relying on foreign lenders to fund these profligate habits, but Turkey was an extreme case even before Mr. Erdogan took power in 2002. Of late, his reckless economic policies — including setting interest...
  • Illinois manufacturer to lay off 150 workers, move to Mexico

    08/16/2018 5:54:13 AM PDT · by KeyLargo · 60 replies
    08/15/2018 Illinois manufacturer to lay off 150 workers, move to Mexico By Associated Press A storage safe manufacturer is closing two factories in northern Illinois and moving operations to Mexico to counteract the effects of metal tariffs imposed by President Donald Trump’s administration. Stack-on Products will lay off about 150 people at its Wauconda and McHenry plants when they close Oct. 12, the Chicago Tribune reports. Human resources director Al Fletcher said Tuesday the decision to relocate operations to Juarez, Mexico, was made about two months ago. That’s when Trump announced tariffs on numerous goods and materials from China as...
  • Elizabeth Warren to introduce the 'Accountable Capitalism Act'

    08/15/2018 8:04:42 PM PDT · by Beave Meister · 70 replies
    The Washington Examiner ^ | 8/15/2018 | Pete Kasperowicz
    Sen. Elizabeth Warren, D-Mass., will introduce legislation Wednesday aimed at making the nation's largest companies accountable to employees and their local communities, not just shareholders. In an op-ed for the Wall Street Journal, Warren said companies in the late 20th Century started operating in a way that made them slaves to shareholders. "That shift has had a tremendous effect on the economy," she wrote. "In the early 1980s, large American companies sent less than half their earnings to shareholders, spending the rest on their employees and other priorities." "But between 2007 and 2016, large American companies dedicated 93% of their...
  • Mainstream media tries to 'rewrite history' to credit Obama for Trump accomplishments

    08/14/2018 2:16:46 PM PDT · by E. Pluribus Unum · 30 replies
    The Washington Times ^ | Tuesday, August 14, 2018 | Jennifer Harper
    ANALYSIS Since President Trump took office, the economy is booming, according to such reliable sources as federal agencies, analysts and data from the private sector. That may not be good enough for the press, however. The news media is seeking to “rewrite history” to credit former President Barack Obama for this feat, says one major business publication. “The stronger the economy gets under Trump, the more desperate his critics are to hand credit over to Obama. Even if that entails changing the past,” says an Investor’s Business Daily editorial. “A recent New York Times story says it all: ‘An economic...
  • Stunning MAGAnomic Sentiment: Small Business Optimism Survey Second Highest Reading in History….

    08/14/2018 11:48:26 AM PDT · by Signalman · 7 replies
    CTH ^ | 8/14/2018 | sundance
    Although some panned any celebration of the 4.1 percent second quarter GDP growth, small business owners beg to disagree. At least in the small business sector of the economy, Main Street’s performance over the last 21 months is unprecedented based on reports for the past 45 years by hundreds of thousands of NFIB’s member firms. Owners have never been so optimistic for so long. This has translated to improved employment and investment spending that buoys GDP growth, even at the end of what will be the longest expansion in modern history. Consumer sentiment is at record high levels. Consumer...
  • Why McDonald's, Coke And General Mills Made African-Americans Their Lead Consumer

    08/14/2018 11:29:28 AM PDT · by 2ndDivisionVet · 30 replies
    Forbes ^ | July 17, 2018 | Sonia Thompson
    Many companies take the approach of designing products, services and experiences that are targeted at the majority. And occasionally if there are resources and a strong business case, they turn their attention to serving niche audiences. But there are increasingly more anecdotes that support leaning into a different approach moving forward. Design for the niche, win the masses. A few weeks ago while I was in New York, I ate at a restaurant that was entirely gluten-free. I am gluten-free for health reasons, and it was a rare treat to go to a restaurant knowing I could eat everything on...
  • The Jobs Report Is Validation of Trump's Economic Policies: Comparing Obama and Trump's Numbers

    08/13/2018 7:34:59 AM PDT · by SeekAndFind · 6 replies
    RCM ^ | 08/13/2018 | Louis Woodhill
    [SNIP] Let’s compare the jobs numbers for Trump’s first 19 months in office with those of Obama’s last 19 months in the White House: * Employment Ratio: +0.73 percentage points, more than twice Obama’s +0.35 * Labor Force Participation: +0.22 percentage point vs. Obama’s -0.16 * FTE jobs: +4.1 million vs. +3.3 million under Obama * Average weekly wages: +$40.55 vs. +$31.21 under Obama The reason that the labor market is finally tightening is that Trump’s tax and regulatory policies are bringing real GDP (RGDP) growth back to levels that are historically normal for the U.S. Despite the Great Depression,...
  • Economic Boom: Media Rewrite History To Credit Obama Instead Of Trump

    08/13/2018 6:16:03 AM PDT · by IBD editorial writer · 40 replies
    Investor's Business Daily ^ | IBD Editorial Board
    Growth: The stronger the economy gets under President Trump, the more desperate his critics are to hand credit over to Obama. Even if that entails changing the past. A recent New York Times story says it all: "An Economic Upturn Begun Under Obama Is Now Trump's To Tout." The article begins by admitting that "by nearly every standard measure, the American economy is doing well," then spends the next 1,400 words arguing that the current good times have nothing to do with Trump's economic agenda. The economy, reporter Patricia Cohen declares, "is following the upward trajectory begun under President Barack...
  • Trump's trade war advantage: The US economy is 'firing on all cylinders,' says expert

    08/12/2018 11:06:29 PM PDT · by 2ndDivisionVet · 28 replies
    CNBC ^ | August 13, 2018 | Weizhen Tan
    • "We have to realize that perhaps China isn't as strong as when we at first think. China is still figuring out also how to deal with this trade situation, how to ensure the stability of its domestic economy," said Curtis Chin, an Asia fellow at the Milken Institute. • Speaking to CNBC's "Squawk Box," Chin also "totally" disagreed with the view that U.S. President Donald Trump's policies are backfiring. China's power may have been overrated and the U.S. economy is staying strong, meaning that U.S. President Donald Trump has an advantage in the trade war, according to one expert....
  • Donald Trump is using the strength of US economic power

    08/12/2018 9:33:17 PM PDT · by 2ndDivisionVet · 13 replies
    Communities Digital News ^ | August 12, 2018 | Michael Busler
    Unlike the prior administration who was more than willing to give away America’s wealth and power, President Trump understands US economic power. And he is using the wealth and power of the United States to the country’s full advantage. President Trump knows that since the US is holding all of the aces it is time to use them and really start winning. The US economy is the world’s largest America’s economy is bigger than the combined economies of the rest of the G7. Our total annual output which will exceed $20 Trillion this year, is almost 25% of the world’s...
  • Why Does Trump Get More Credit Than Obama for the Same Economy?

    08/08/2018 8:23:50 AM PDT · by SeekAndFind · 66 replies
    New York Magazine ^ | 08/08/2018 | By Jonathan Chait
    Over the last year and a half, there have been three things one could say about Donald Trump’s standing with the public, depending on which aspect you wished to emphasize: (1) Trump is not very popular. (2) Given his scandals and wildly unpresidential conduct in office, Trump is surprisingly popular. All three of these points are neatly brought together in a chart compiled by political scientist Patrick Egan, comparing presidential approval rating to consumer sentiment. The historically large divergence between the two illustrates just how badly Trump is underperforming given the buoyant assessment of the economy: But beneath all these...
  • The Trump economy is SO GOOD even the Left-wing media has to admit it

    08/07/2018 12:07:06 PM PDT · by SleeperCatcher · 10 replies
    The National Sentinel ^ | 8/7/18 | USA Features
    So Much Winning: Before his election victory, POTUS Donald Trump was mocked by many on the Left and Right for claiming that he could turn the U.S. economy around and bring back jobs that his predecessor, Barack Obama, said were never coming back. During a town hall forum in Indianapolis, Obama made that pronouncement, essentially telling an American concerned about the future of employment in his city that some jobs just aren’t coming back.
  • List of Tax Reform Good News (700 Examples of US pay raises, bonuses increases due to MAGA)

    08/07/2018 10:24:22 AM PDT · by MarchonDC09122009 · 5 replies
    Americans for Tax Reform ^ | 08/07/2018 | https://www.atr.org/list?amp
    List of Tax Reform Good News Tuesday, August 7th, 2018, 10,10 AM Click on your state below to see 700 examples of pay raises, bonuses, 401(k) match increases, expansions, benefit increases, and utility rate reductions due to the Republican tax cuts. You may also view the full list here (PDF). See also: Thanks to the GOP tax cuts, these utilities are lowering rates Thanks to GOP tax cuts, craft beverage producers are hiring and expanding Thanks to GOP tax cuts, companies are providing new benefits to employees and their families Thanks to GOP tax cuts, many companies are increasing charitable...
  • America's Massive Truck Driver Shortage May Triple by 2026: Experts

    08/06/2018 1:56:13 PM PDT · by SeekAndFind · 135 replies
    The Street ^ | 08/06/2018 | Anders Keitz
    Wanted: truck drivers. Amid an otherwise strong corporate earnings environment, cost inflation within the trucking and freight industry is becoming a real concern for many companies. "It's a real bear," Tyson Foods (TSN - Get Report) CEO Tom Hayes told TheStreet about the inflationary pressures of the shortage. Approximately 60,000 drivers are needed to meet robust demand for trucking services, and that may be a conservative estimate. The shortage could be upwards of 100,000 or more, Seaport Global Securities LLC analyst Kevin Sterling told TheStreet. The driver shortage stems from several factors, according to Sky Harbor's Director of Research Michael...
  • The Eight Best Predictors of the Long-Term Market

    08/06/2018 12:07:26 PM PDT · by Wuli · 55 replies
    Wall Street Journal ^ | August 6, 2018 | Mark Hulbert
    "Here are the stock indicators with enviable track records - and the cautionary tale that they tell". .......... "Bubble Flashbacks" "The only other time it was more bearsih (...since 1951...) was at the top of the internet stock market bubble". [areas that are] "Overvalued by Almost Any Measure" "Ratio of S&P 500's current reading to average since 1954" "Household Equity Allocation" "Price/sales ratio" "Price/book ratio" "Q Ratio" "Buffet Indicator" "Dividend Yield" "Shiller P/E (CAPE)" "Price Earnings ratio" .........
  • Trumponomics: The Evidence so Far

    08/06/2018 8:22:08 AM PDT · by SeekAndFind · 24 replies
    National Review ^ | 08/03/2018 | By RAMESH PONNURU & MICHAEL R. STRAIN
    Our economy is strong, as nearly every new release of economic data indicates. Industrial production is up. The unemployment rate is as low as it has been in two decades. Employment rates are growing and the disability rolls are shrinking. Measures of business confidence are bullish. Stocks are up. The economy has been growing, hitting 3 percent in some quarters. Inflation, meanwhile, remains low.Usually such good economic news redounds to the benefit of the political party in power. This rule probably applies today. Even though President Trump and Republicans are less popular than politicians presiding over robust economic expansions usually...
  • Releasing the US economic engine

    08/03/2018 10:26:32 PM PDT · by jmclemore · 13 replies
    Me
    Trump wins election and the economy starts clawing itself out of the liberal grave it was forced into. Trump rolls back EPA rules and the economy stands up and starts walking. Trump gets tax reform and the economy starts galloping like a thoroughbred. Trump starts slapping our trade partners with tariffs and instead of economic calamity, the jobs you can't bring back, start returning on their own and the economy is now soaring.... What next.... Where are the finial restrains, real or imagined, that Trump can remove.
  • CNBC Host Struggles to Find Bad News in Great July Jobs Report

    08/03/2018 6:36:45 PM PDT · by PJ-Comix · 9 replies
    Newsbusters ^ | August 3, 2018 | P.J. Gladnick
    She tried. Oh, how she tried but she just couldn't pull it off. I mean, how do you spin negativity on a great July Jobs report that revealed unemployment had fallen to a mere 3.9% rate?  Sara Eisen, the co-host of CNBC's Squawk on the Street lamely attempted on Friday to see dark tidings in the bright report but even she had to concede that overall things looked good in the economy. So why her negativity? Could it have been that she wanted to spare the feelings of Mika Brzezinski to whom she was delivering her report on Morning Joe? Reporting...
  • On CNN, Stephen Moore Praises Jobs Report; "Radically Right" Trump Economy! - Video 8/3/18

    08/03/2018 2:14:21 PM PDT · by Federalist Patriot · 5 replies
    Freedom's Lighthouse ^ | August 3, 2018 | Brian
    Here is Stephen Moore on CNN today reacting to the July Jobs Report, which showed 157,000 new jobs being created. Moore called it “another blockbuster report,” that makes you “proud to be an American.” Moore said the Jobs Report would have been even better if there were more workers available! As Moore said – “There’s something radically right” about the Trump Economy! . . . .