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Keyword: growth

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  • The jobs report is far more fantastic than you probably realize.

    08/04/2017 7:15:21 PM PDT · by dangus · 13 replies
    BLS, FRED. | 08-04-2017 | Dangus
    Trump and the Republicans need to tout the jobs report better. Even ABC radio, which carries Rush Limbaugh and many other top conservative hosts was complaining that weak wage growth was dragging down the economy. NPR said wages were very weak, "this late into an economic recovery." This is shockingly untrue. In the first quarter of the year, real weekly earnings grew two 1982 inflation-adjusted dollars; that's about six real dollars. That's as much as real wages grew during the entire Obama administration. Wage growth then doubled THAT in the second quarter. And while we don't yet know the July...
  • U.S. GDP Grows 2.6 Percent, More Than Double Q1

    07/28/2017 12:32:03 PM PDT · by SeekAndFind · 13 replies
    INC. ^ | 07/28/2017 | By Martin Crutsinger AP Economics Writer
    <p>The U.S. economy revved up this spring after a weak start to the year, fueled by a surge in consumer spending. But the growth spurt still fell short of the optimistic goals President Donald Trump hopes to achieve through tax cuts and regulatory relief.</p>
  • World Offers Cautionary Tale for Trump’s Infrastructure Plan

    06/26/2017 11:14:16 AM PDT · by Tolerance Sucks Rocks · 20 replies
    The New York Times ^ | June 16, 2017 | Peter S. Goodman
    LONDON — The rest of the planet bears a warning for President Trump’s plan to lean heavily on private business in conjuring a trillion dollars’ worth of American infrastructure: Handing profit-making companies responsibility for public works can produce trouble. In India, politically connected firms have captured contracts on the strength of relationships with officialdom, yielding defective engineering at bloated prices. When Britain handed control to private companies to upgrade London’s subway system more than a decade ago, the result was substandard, budget-busting work, prompting the government to step back in. Canada has suffered a string of excessive costs on public...
  • The infrastructure myth

    06/21/2017 9:49:28 PM PDT · by Tolerance Sucks Rocks · 16 replies
    The Lagniappe Weekly ^ | June 21, 2017 | Jeff Poor
    Throughout the 2016 campaign and into the early stages of his presidency, Donald Trump vowed to make infrastructure improvements around the country. The promise was all part of his brand of populism — spend more money domestically and less abroad. America first. “We need members of both parties to join hands and work with us to pass a $1 trillion infrastructure plan to build new roads and bridges and airports and tunnels and highways and railways all across our great nation,” Trump pledged at a campaign rally in Melbourne, Florida, earlier this year. Given Trump’s Russia investigation toxicity, it will...
  • Private sector job growth 'rip-roaring' in May: ADP

    06/01/2017 8:29:00 AM PDT · by Olog-hai · 7 replies
    Fox Business News ^ | June 01, 2017 | Victoria Craig
    Job gains in the private sector far outpaced expectations in May, payroll processor ADP said Thursday, adding to sentiment that the U.S. economy is seeing a rebound in the second quarter from a sluggish first three months of the year. The private sector added 253,000 jobs last month, far outpacing Wall Street expectations for a gain of 185,000 jobs. Business services, which includes technical services, management and administrative and support services positions, saw its strongest monthly increase since 2014, adding 88,000 jobs for the month, boosting the overall service-providing sector to 205,000 net new jobs. “Job growth is rip-roaring,” Mark...
  • DAILY LIGHT ON THE DAILY PATH, APRIL 26[Evening][BIBLE THEME DEVOTIONAL*]

    04/26/2017 4:49:25 PM PDT · by givemWatts · 2 replies
    The HOLY BIBLE | King James
    APRIL 26 EVENING Who is she that looketh forth as the morning, fair as the moon, clear as the sun, and terrible as an army with banners? The Church of God, which He hath purchased with His own Blood. Christ loved the Church, and gave Himself for it; that He might sanctify and cleanse it with the washing of water by the Word, that He might present it to Himself a glorious Church, not having spot, or wrinkle, or any such thing; but that it should be holy and without blemish. There appeared a great wonder in heaven; a woman...
  • DAILY LIGHT ON THE DAILY PATH, APRIL 26[Morning][BIBLE THEME DEVOTIONAL*]

    04/25/2017 9:47:26 PM PDT · by givemWatts · 2 replies
    The Holy Bible | King James
    APRIL 26 MORNING His left hand is under my head, and His right hand doth embrace me. Underneath are the Everlasting Arms. When [Peter] saw the wind boisterous, he was afraid; and beginning to sink, he cried, saying, Lord, save me. And immediately Jesus stretched forth his hand, and caught him, and said unto him, O thou of little faith, wherefore didst thou doubt? The steps of a good man are ordered by the Lord: and he delighteth in his way. Though he fall, he shall not be utterly cast down: for the Lord upholdeth him with His Hand. The...
  • DAILY LIGHT ON THE DAILY PATH, APRIL 25 [Evening][BIBLE THEME DEVOTIONAL*]

    04/25/2017 3:18:17 PM PDT · by givemWatts · 2 replies
    The Holy Bible | King James
    Our Lord Jesus Christ, ... though He was rich, yet for your sakes ... became poor, that ye through His poverty might be rich. It pleased the Father that in him should all fulness dwell. The brightness of His glory, and the express image of His person, and upholding all things by the Word of His power, when He had by himself purged our sins, sat down on the right hand of the Majesty on high; being made so much better than the angels, as He hath by inheritance obtained a more excellent Name than they. Who, being in the...
  • 10 Guidelines to Spiritual Living- Dr. Billy Graham’s “Peace With God”[PROTEST./EVANG. CAUCUS]

    04/25/2017 12:57:33 PM PDT · by givemWatts · 20 replies
    Peace With God | 1984 | Dr. Billy Graham
    The Bible teaches that the Christian life is one of constant growth. When you were born again, you were born into God’s family. It is God’s purpose that you will grow into fill stature and become mature in Christ. It would be against the law of God and nature if you were to remain a baby and thus become a spiritual dwarf. In 2 Peter 3:18, the Bible says that we are to grow. It implies steady development, constant enlargement, increasing wisdom. For one to grow properly certain rules must be observed for good spiritual health. 1.Read your Bible daily....
  • Commuter alert: Legislators risk killing IDOT's plan to add I-55 toll lanes

    04/16/2017 7:13:21 AM PDT · by Tolerance Sucks Rocks · 17 replies
    The Chicago Tribune ^ | March 24, 2017 | Randy Blankenhorn
    In a matter of days, time will run out on a plan that could cut down on commuting times, pave the way for even less traffic congestion, and potentially give taxpayers a break. For reasons that remain unclear, the General Assembly has ignored the Illinois Department of Transportation's I-55 managed lanes project, and the cost of doing nothing has the potential to harm the state's ability to do business for years to come. The I-55 managed lanes proposal would add an express toll lane between the Veterans Memorial Tollway in the southwest suburbs and the Dan Ryan Expressway in Chicago....
  • It’s Official: Obama Presidency Had Worst Economic Growth Since World War II – 4th Worst in History!

    04/03/2017 4:31:39 AM PDT · by Enlightened1 · 14 replies
    GP ^ | 04/02/17 | Jim Hoft
    Jonathon M. Trugman at the New York Post reported this week that the final numbers for the Obama Administration are in and they are abysmal: On Thursday we closed the book on the Obama economic “miracle” — and it’s a miracle we are not in a recession. Last week the Commerce Department released its third revision for fourth-quarter 2016 gross domestic product. The number came in at a paltry 2.1 percent, meaning that growth during President Obama’s final year in office — the end of an “Error of Hope” — landed with a big thud at just 1.6 percent. That...
  • Should the United States Abandon the Federal Reserve System?

    03/09/2017 8:07:43 PM PST · by Tolerance Sucks Rocks · 54 replies
    Economics Wire ^ | March 9, 2017 | Viliyana Filipova / Mr. Conrad
    The Federal Reserve gives us the freedom to buy things now that we would otherwise have to wait for.In looking at the Federal Reserve, it is important to note that this is a money system, not just a group of people sitting in a conference room controlling everything having to do with the US dollar. The Fed is a system just like the government of the US is a system. What that means is that no one controls it, and that it is much bigger than any one person or group of people could ever control. They can guide it,...
  • Mayor trumpets city progress (Dressed as President Trump)

    03/08/2017 5:30:11 PM PST · by 2ndDivisionVet · 3 replies
    The Baytown Sun ^ | March 8, 2017 | Matt Hollis
    Using humorous movie clips and a President Donald Trump imitation, Baytown Mayor Stephen DonCarlos gave his annual State of the City address to members of the Baytown Chamber of Commerce and many community leader Tuesday. DonCarlos talked up the major ongoing and upcoming projects in Baytown. A big one is the hotel and conference center at Bayland Island. “We have been working on the conference center on Bayland Island, and hopefully we will be able to host this event there next year,” DonCarlos said. The city has been working with Dallas-based Gatehouse Capital on the project. Once completed, the conference...
  • With money tight, Texas budget writers eyeing billions approved by voters for roads

    02/13/2017 10:16:49 PM PST · by Tolerance Sucks Rocks · 11 replies
    The Texas Tribune ^ | February 13, 2017 | Jim Malewitz and Brandon Formby
    More than a year after Texas voters approved routing billions in state sales taxes to roads and bridges, some lawmakers are questioning whether the first payment of $5 billion should move forward as planned. Texans voted in 2015 to boost funding for state’s public roadways and bridges, which have strained under the state’s growing population. Proposition 7 — loudly cheered by top Texas leaders and supported by 83 percent of voters — changed the state constitution to route some taxes collected on car sales to the State Highway Fund. But in an unusually tightfisted legislative session, some Texas lawmakers are...
  • Why Trump's 4% GDP Will Remain Elusive: It's Not His fault, it is simply a function of math

    01/03/2017 2:26:29 PM PST · by SeekAndFind · 55 replies
    Zero hedge ^ | 01/03/2016 | Lance Roberts via RealInvestmentAdvice.com
    For the umpteenth year in a row, mainstream economists and analysts are once again planting the seeds of hope for a return to stronger GDP growth. The White House has hoped for it for the last 8 years, and now President-elect Trump is all but promising a surge in economic growth. Unfortunately, while promises are great, we must analyze the reality of attaining such a lofty resurgence.Let’s start with the Congressional Budget Office (CBO) and their projections for the next decade. This is shown in the chart below.There are several very noteworthy observations which need to be made: Real potential...
  • Top 5 Biggest Road Construction Projects In DFW

    11/29/2016 1:03:25 AM PST · by Tolerance Sucks Rocks · 10 replies
    CBS DFW ^ | November 1, 2016 | Brian New
    NORTH TEXAS (CBS11) – It is nearly impossible these days in North Texas to avoid road construction projects. While billions of dollars are being pumped into the roadway system, TxDOT said it still can’t keep up with the growth. “There are a thousand people moving a day to Texas and we’ve (North Texas) got most of them,” said TxDOT Dallas spokesperson Donna Huerta. “We can’t keep up with that kind of demand, but what we can do is take what we have and make it better.” With a new approach allowing contractors to design and build a project simultaneously, TxDOT...
  • Stephen Moore: Yes, Trump's Economic Policies Will Double Growth and Jobs

    11/17/2016 7:42:31 AM PST · by SeekAndFind · 9 replies
    IBD ^ | 11/17/2016 | Stephen Moore
    When Donald Trump said last week that he will double the American growth rate, his skeptics scoffed. The left doesn't think 4% growth is possible, because they never came close to that target under Barack Obama. But there's no law of nature or economics that says America is doomed to anemic growth rates. We believe that with the right policy fixes, fast growth is not just possible; it's probable. In the 1980s, the Reagan agenda had quarterly growth rates of 6, 7 and even 8%. Over the course of his administration, the nation created about 2 million jobs per year....
  • Leading Economists Say Trump First 100 Days Pro-Growth Strategy is Excellent (Larry Kudlow Podcast)

    11/12/2016 3:25:38 PM PST · by fision · 17 replies
    The Larry Kudlow Show Podcast ^ | 11/12/2016 | Larry Kudlow
    Listen at link
  • One of Trump's First Decisions After the Election... [WOW!! Ebell in the EPA!!)

    11/11/2016 4:45:56 PM PST · by Mrs. Don-o · 197 replies
    Independent Journal Review ^ | Nov. 10, 2016- | Kayla Brandon
    Donald Trump's transition team is preparing for the billionaire businessman to take over as commander in chief, they're ruffling a few feathers along the way. Scientific American reports Trump has selected climate change critic, Myron Ebell, to lead his Environmental Protection Agency (EPA) transition team. Ebell, who's the director of the Center for Energy and Environment at the conservative Competitive Enterprise Institute, has been described by Newsweek as a fierce opponent of climate change, which the publisher calls “entirely at odds with scientific consensus.” David Goldston, a policy analyst at the Natural Resources Defense Council Action Fund, explained that...
  • iAmerica - Recharging Our Nation (A Trump, Pence, Bannon economy)

    11/04/2016 5:07:44 AM PDT · by RobaWho · 2 replies
    American Thinker ^ | November 4, 2016 | Rob Cunningham
    Consider America’s unlimited potential -- the United States's Constitution is indisputably the most powerful invention in human history. We are a young nation built upon the single most proven economic system of wealth creation ever known, and we are privileged to be alive during the greatest era of technological innovation, ever. Ours is a future of innovation and potential far beyond our wildest imaginations. Contemplate the unfathomable power of our economy when fueled by unlimited human ingenuity, healthy personal and corporate taxation levels, radically reduced regulatory shackles, and a federal government forced to reacquaint itself with the concept of “enumerated...