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Keyword: economy

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  • Poll: Most Would Welcome New Amazon Headquarters

    10/17/2017 2:18:10 AM PDT · by 2ndDivisionVet · 15 replies
    Morning Consult ^ | October 17, 2017 | Joanna Piacenza
    U.S. adults disregard potential negative impact of Amazon's presence Time is running out for cities to submit their bids to become Amazon.com Inc.’s second home. The tech giant announced plans last month to open up a second headquarters — and its hunt for a host city. Bids from metropolitan areas are due Thursday. There are plenty of willing contestants: Mayors across the country have launched viral-worthy campaigns enticing Amazon to choose their cities, with the winner set to be announced sometime in 2018. A Sept. 29-Oct. 1 Morning Consult survey found that 72 percent of a national sample of 2,201...
  • A Message from President Trump

    10/16/2017 5:12:08 AM PDT · by Enlightened1 · 3 replies
    Mark Dice via Youtube ^ | 10/15/17 | Donald J. Trump
    An important message from President Trump on Making America Great Again. https://www.youtube.com/watch?v=bmo4kolTFjk
  • Billionaire Sam Zell: I see 'very significant' positive change for business under Trump

    10/15/2017 4:49:13 PM PDT · by 2ndDivisionVet · 6 replies
    CNBC ^ | September 26, 2017 | Matthew J. Belvedere
    •Corporate America is willing to invest money on a longer-term basis under President Trump, real estate mogul Sam Zell says. •Zell points to deregulation and promises of tax cuts and massive infrastructure spending as major positives for business. •Continued improvement in underlying economic growth continues to "surprise," he says. Corporate America is willing to invest money on a longer-term basis under President Donald Trump than the previous "anti-business administration" of Barack Obama, real estate mogul Sam Zell told CNBC on Tuesday. "Bluntly, the only way I can square anything is I focus on what gets done, not what's said," the...
  • Becoming a Steelworker Liberated Her. Then Her Job Moved to Mexico.

    10/15/2017 7:40:23 AM PDT · by Theoria · 51 replies
    The New York Times ^ | 14 Oct 2017 | Farah Stockman
    The man from Mexico followed a manager through the factory floor, past whirring exhaust fans, beeping forklifts, and drilling machines that whined against steel. Workers in safety glasses looked up and stared. Others looked away. Shannon Mulcahy felt her stomach lurch. It was December 2016. The Rexnord Corporation’s factory still churned out bearings as it always had. Trucks still dropped off steel pipes at the loading dock. Bill Stinnett, a die-hard Indiana Pacers fan, still cut them into pieces. The pieces still went to the “turning” department, where they were honed into rings as small as a bracelet or as...
  • No Room for “Buffetnomics” in the GOP

    10/13/2017 4:02:01 PM PDT · by Sean_Anthony · 6 replies
    Canada Free Press ^ | 10/13/17 | Megan Barth
    These GOP members who are contemplating raising taxes are playing with fire. Failure to act in a way that pleases the base will ensure they are the ones who get burned Make no mistake about it: if Congress, particularly the United States Senate, fails to send a tax bill to the president’s desk, it will imperil the congressional majority, do lasting damage to the Republican Party, and potentially threaten the American economy. The clock is ticking.
  • China may be Trump’s best hope to ‘make America great again’

    10/13/2017 7:03:19 AM PDT · by 2ndDivisionVet · 12 replies
    Asia Times ^ | October 13, 2017 | Ken Moak|
    China is not America’s enemy or competitor or whatever name the US anti-China crowd labels it with. It is not challenging US global supremacy or stealing its jobs, as many in America claim. On the contrary, the Chinese and US economies are increasingly intertwined, becoming each other’s largest trade partners and major investors. What’s more, a large number of US states (such as Iowa) and cities (Los Angeles) are dependent on the Chinese market and investment to sustain economic growth. The two countries are also cooperative in geopolitics, working together to defuse the Korean Peninsula nuclear issue, holding frequent high-level...
  • Today's Turn-of-the-Century Problems

    10/13/2017 4:34:33 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | October 13, 2017 | Michael Barone
    Is America in a new Gilded Age? That's the contention of Republican political consultant Bruce Mehlman, and in a series of 35 slides, he makes a strong case. In many ways, problems facing America today resemble those facing what we still call "turn-of-the-century" America, the 1890s to the 1910s. Just as employment shifted from farms to factories a century ago, it has been moving from manufacturing to services recently. Financial crashes are another point of resemblance, coming precisely 100 years apart. The panic of 1907 was resolved when J.P. Morgan locked his fellow financiers in his library and required them...
  • It's 1968 All Over Again

    10/12/2017 5:19:24 AM PDT · by Kaslin · 37 replies
    Townhall.com ^ | October 11, 2017 | Victor Davis Hanson
    Almost a half-century ago, in 1968, the United States seemed to be falling apart. The Vietnam War, a bitter and close presidential election, antiwar protests, racial riots, political assassinations, terrorism and a recession looming on the horizon left the country divided between a loud radical minority and a silent conservative majority. The United States avoided a civil war. But America suffered a collective psychological depression, civil unrest, defeat in Vietnam and assorted disasters for the next decade -- until the election of a once-polarizing Ronald Reagan ushered in five consecutive presidential terms of relative bipartisan calm and prosperity from 1981...
  • North Sea Oil Squeezed as U.S. Ships Crude Like Never Before

    10/11/2017 8:35:36 AM PDT · by Oatka · 18 replies
    Bloomberg via gCaptain ^ | Oct 10 2017 | Javier Blas, Laura Hurst and Julian Lee
    Link only (Bloomberg)
  • Texas' Toll Roads: A Big Step Towards Open Markets For Transportation

    10/10/2017 8:10:17 AM PDT · by Tolerance Sucks Rocks · 96 replies
    Forbes ^ | June 30, 2017 | Scott Beyer
    No city in America runs on anything resembling a free-market model. But Texas' major cities are probably the closest thing, with vast improvements to their economies and living standards to show for it. Their looser land-use laws mean that housing supply grows quickly, stabilizing prices. Their lighter tax and regulatory structure helps businesses locate there and grow. And—shenanigans from the governor's office notwithstanding—their openness to immigrants means they have cheap and robust labor forces.But one market-oriented aspect little discussed is Texas' approach to transportation. The state has 25 toll roads, more than any other state. They are particularly common in Houston and Dallas,...
  • Commentary: Welcome to the dysfunction of Illinois government

    10/09/2017 7:03:38 AM PDT · by KeyLargo · 22 replies
    Chicago Tribune.com ^ | Oct 6, 2017 | Diana Sroka Rickert
    Commentary: Welcome to the dysfunction of Illinois government Diana Sroka Rickert I walked into the Thompson Center on my first day, not knowing what to expect. In many ways, my new workplace was like any other large organization: big building, thousands of people and plenty of broken computers. Except this building is dilapidated, many of the employees are political hires and the computers will never be repaired, ever. And it’s all paid for by you, Illinois taxpayers. “Welcome to state government,” said a new colleague, as we boarded the elevator for the 16th floor. This summer I got to see...
  • This Economy is 'Trump Strong'

    10/07/2017 5:04:45 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | October 7, 2017 | Wayne Allyn Root
    There's been a lot of negative stories in the news. Have you noticed? America needs to heal. We have suffered four consecutive body blows in the past six weeks. Hurricane Harvey, Hurricane Irma, Hurricane Maria and now the Vegas mass murder. The media lives by the mantra “If it bleeds, it leads.” And they have served us nonstop headlines of crisis, death, and destruction. But amidst all these negative headlines, we missed some remarkable positive economic news. What Vegas and America need now is some great news. The kind of news that makes you smile and pound your fist in the air....
  • Vietnam and Japan would be among hardest hit by a Korean conflict

    10/04/2017 6:34:14 AM PDT · by TigerLikesRooster · 23 replies
    Nikkei ^ | October 4, 2017 | MASAYUKI YUDA and TOMOMI KIKUCHI
    Vietnam and Japan would be among hardest hit by a Korean conflict Moody's and the World Bank warn of serious economic consequences to Asia MASAYUKI YUDA and TOMOMI KIKUCHI, Nikkei staff writers TOKYO -- If recent escalations in tensions ultimately culminate in a military conflict on the Korean peninsula, the U.S. and North Korea would not be the only countries to suffer -- at least in terms of credit-worthiness, the ratings company Moody's warns. Vietnam and Japan would be also be in the firing line. More broadly, the simmering tensions could jeopardize otherwise upbeat prospects for growth across the region,...
  • 'Shame on You!' Greek Pensioners Take to Streets to Protest EU-Forced Budget Cuts

    10/04/2017 12:49:24 AM PDT · by Michael van der Galien · 11 replies
    PJ Media ^ | 10-03-2017 | Michael van der Galien
    If you thought that the Greek crisis was over and done with, think again. "Hundreds of Greek pensioners have taken to the streets of Athens shouting 'shame on you' as they protested the deep cutbacks to pension payments ordered by the crisis-hit country’s creditors," the UK Express reports. "Dozens of pension cuts have been put in place since the Greek financial crisis of 2010. More will be implemented in 2019, as the latest reforms are passed." German and Dutch taxpayers have been fed up with Greece for years. That's not so strange considering the fact that they have kept the...
  • Math, History and Tax Reform

    10/03/2017 7:38:51 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | October 3, 2017 | Cal Thomas
    In school, I liked math the least and history the most. Both can be useful in the coming debate over President Trump's proposed tax reforms. The one thing I learned in math class is that if the formula is wrong, the answer will be wrong. In history class, I learned we are not the first people to occupy the planet and that the experiences of those who came before us can be helpful when considering contemporary issues. Since the administration of Franklin D. Roosevelt, the left has presented government as the answer to every problem. The increasing taxes needed to...
  • Understanding Donald Trump - and Ourselves

    10/01/2017 9:02:04 AM PDT · by Oldpuppymax · 7 replies
    The Coach's Team ^ | 10/1/17 | Jerry Todd
    Folks on all sides of the political spectrum are absolutely muddled trying to understand President Donald Trump. Those on the left and right are apoplectic over his jibes, tweeting and directness. “He certainly isn’t a true conservative,” they say. Before the election, Lock Piatt [1] described him in a way we are slowly beginning to understand: "The current tribal view of Donald is wrong. How many have lived in New York City for years but never became part of the real NY culture? Queens, Staten Island, New Jersey and other boroughs are very loud and harsh speaking people. They sound...
  • Mexicans earn $2 per hour to produce $40,000 vehicles

    10/01/2017 4:41:09 AM PDT · by 2ndDivisionVet · 39 replies
    The Democrat Gazette ^ | October 1, 2017 | Mark Stevenson, The Associated Press
    MEXICO CITY -- Autoworker Ivan Flores spends his days transporting parts for U.S.-bound Audi SUVs at a plant in central Mexico, but he laughs when asked if he could ever buy one of the $40,000 Q5 SUVs the plant produces on his $2.25 per hour salary. "For us it is a dream to buy a Q5; we never could," said Flores, 40, who supports three sons on his roughly $110 weekly paycheck. The premise of the auto industry since the time of Henry Ford was that workers would earn enough to buy the cars they produced. Across the U.S. and...
  • Tax Reform Just Got Real. Why the GOP Tax Plan Is Great News for America.

    09/30/2017 7:45:37 PM PDT · by Tolerance Sucks Rocks · 69 replies
    The Daily Signal ^ | September 27, 2017 | Adam Michel
    Bold tax reform got a big boost on Wednesday. Leaders in the House, the Senate, and the White House have all agreed on a tax outline, meaning a true update to our broken tax system could be imminent. First, the GOP tax plan framework would lower taxes for individual Americans. It would double the standard deduction for individuals and thereby expand the zero-percent bracket, and it would create three income tax brackets (down from seven): 12, 25, and 35 percent, respectively. Most simply, this will allow all Americans to keep more of their hard-earned money in their pockets. Importantly, the...
  • Multi-Billion Dollar Stadiums: The Seen vs. the Horrid Unseen

    09/27/2017 7:31:59 AM PDT · by KeyLargo · 24 replies
    Real Clear Markets.com ^ | Sep 17, 2017 | Allan Golombek
    Multi-Billion Dollar Stadiums: The Seen vs. the Horrid Unseen By Allan Golombek September 27, 2017 In 1995, the Los Angeles Rams moved to St. Louis, extracting hundreds of millions of dollars from taxpayers to help build a new stadium. After 20 years in the Gateway City, the Rams moved right back where they came from – leaving the people of St. Louis and Missouri stuck with a $6 million a year tab to pay for an empty football field. American taxpayers spend billions of dollars a year to lure professional sports teams from one place to another in one of...
  • The United States is now the world's second most 'competitive' economy

    09/27/2017 2:14:58 AM PDT · by 2ndDivisionVet
    The Standard-Examiner ^ | September 26, 2017 | Danielle Paquette, The Washington Post
    The United States is now the second most competitive economy in the world, climbing to an eight-year high in global rankings, according to an analysis published Tuesday by the World Economic Forum. The latest edition of the Global Competitiveness Report, an annual ranking of 137 countries based on data from international financial institutions, moved the U.S. up from the number three position to second place, just behind Switzerland. Singapore, the Netherlands and Germany rounded out the top five spots. “The strength of the United States comes from its performance in efficiency enhancers and innovation and sophistication factors,” wrote economists Klaus...