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Keyword: trumpeconomy

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  • Census Report Shows How Jaw-Dropping Trump’s Economy Was Before Shutdowns

    09/22/2020 11:51:52 AM PDT · by Kaslin · 10 replies
    The Federalist ^ | September 22, 2020 | Christopher Jacobs
    The amazing strength of the data in that report show what the American economy, and American workers, can achieve—if given the right policy environment and opportunities. Based on a Census Bureau report released last Tuesday, the current debate over economic policy might come down to a question of numbers. Which would you prefer: A $1,200 “stimulus” check while not working during lockdowns, or a nearly $4,400 pay increase in a growing job?The Census report, which chronicled changes in income and poverty in 2019, documented the state of the economy well before the coronavirus hit. But the amazing strength of the...
  • President Trump’s Legacy: Jobs, Opportunity, and Prosperity

    09/05/2020 5:17:11 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | September 5, 2020 | Ward Connerly
    In 2016, Donald Trump promised to bring back manufacturing jobs to the United States. At the time, President Obama ridiculed the idea, saying, “What magic wand do you have?” Turns out Trump had a good one. In the first 30 months of the Trump Administration, U.S. manufacturers added 499,000 jobs, expanding by 4 percent. In the last 30 months of the Obama-Biden Administration, manufacturers added only 185,000 jobs, which equated to a mere 1.5 percent – a net difference of 314,000 jobs.Now Joe Biden is promising to bring back manufacturing jobs. Will anyone in the media ask him about his...
  • Donald Trump In US Election Polls Surge As Voters Trust Him To Revive Covid-19 Hit Economy

    08/04/2020 9:11:52 AM PDT · by Helicondelta · 65 replies
    express.co.uk ^ | Aug 1, 2020
    The third in a series of monthly Democracy Institute/ Sunday Express polls has given President Trump a surprise lead over his Democrat rival of 48 percent to 46 percent, his clearest lead yet. Crucially, President Trump has a lead of 48 percent to 43 percent in the swing states Florida, Iowa, Michigan, Minnesota, Pennsylvania and Wisconsin which would put him back in the White House with an electoral college tally of 309 to Biden’s 229. Specifically, in Florida Trump has a 47 to 45 point lead, Minnesota (where the black lives matters protests began) a 46/45 lead, and New Hampshire...
  • Following Huge Protest, Oregon Farmers Get Big Win, Thanks to Trump Administration [ Klamath ]

    06/15/2020 2:41:11 PM PDT · by george76 · 37 replies
    PJmedia ^ | JUN 15, 2020 | Jeff Reynolds
    A 29-mile convoy through southern Oregon, followed by a rally, followed by a direct appeal to the White House, and a decision by the Department of the Interior. That’s what it took to open up irrigation water for farmers in southern Oregon last week. It all started with one of the biggest protests you probably didn’t even notice. In a June 9 press release, the Bureau of Reclamation announced that it had restored the 140,000-acre-feet of water originally promised to farmers in the Klamath Basin at the beginning of the season: Today, the Bureau of Reclamation confirmed the 2020 water...
  • After the fastest recession in U.S. history, the economic recovery may be fizzling

    07/17/2020 6:26:36 AM PDT · by rktman · 36 replies
    washingtonpost.com ^ | 7/13/2020 | david lynch
    United Airlines announced plans to lay off more than one-third of its 95,000 workers. Brooks Brothers, which first opened for business in 1818, filed for bankruptcy. And Bed Bath and Beyond said it will close 200 stores. Welcome to the recovery. If there were still hopes of a “V-shaped” comeback from the novel coronavirus shutdown, this past week should have put an end to them. The pandemic shock, which economists once assumed would be only a temporary business interruption, appears instead to be settling into a traditional, self-perpetuating recession. When states and cities began closing most businesses in March, the...
  • Joe Biden's tax plan may wallop the stock market — here's one disturbing estimate

    07/09/2020 2:20:06 PM PDT · by lasereye · 40 replies
    Yahoo ^ | July 9, 2020 | Brian Sozzi
    Details on how former vice president Joe Biden would rebuild the U.S. economy in the wake of the COVID-19 pandemic if he were elected president in November hit the newswires on Thursday. And one thing was confirmed for many market watchers: A Biden presidency may not be so great for stock prices. “Biden will ensure that corporate America finally pays their fair share in taxes, puts their workers and communities first rather than their shareholders, and respects their workers’ power and voice in the workplace,” a Biden campaign email memo wrote Thursday. Titled “Build Back Better,” the plan is in...
  • Stocks jump, Nasdaq powers to record high as investors look past virus concerns

    07/06/2020 8:50:25 AM PDT · by SeekAndFind · 27 replies
    Yahoo Finance ^ | 07/06/2020 | Emily McCormick
    Stocks rose sharply Monday morning, after new economic data showed a much stronger than expected rebound in US service sector activity in June. The upbeat data helped investors shake off fears over rising coronavirus cases, with infections continuing to march higher globally and domestically. The three major indices also followed global equities higher, with stocks in Europe and Asia gaining after an editorial in China’s state-run media outlet the Securities Times suggested the country prioritize fostering a “healthy” bull market after the pandemic. The Shanghai Composite index closed nearly 6% higher for its biggest gain in five years. Developments in...
  • June 2020 Jobs Numbers Blow Past Expectations; 4.8 million positions created.

    07/02/2020 7:44:39 AM PDT · by SeekAndFind · 23 replies
    Townhall ^ | 07/02/2020 | Katie Pavlich
    UPDATE: President Trump held a press briefing at the White House and reacted to the numbers.  Consumer confidence is up and 80 percent of small businesses are now open! pic.twitter.com/MOkEaO4NZR— The White House (@WhiteHouse) July 2, 2020 A look at June's HISTORIC jobs numbers: 2.1 million leisure & hospitality jobs740,000 retail jobs568,000 education & healthcare jobs357,000 service jobs356,000 manufacturing jobs ???? ???? ???? pic.twitter.com/BzcSFXaxv6— The White House (@WhiteHouse) July 2, 2020 ***Original post***The jobs numbers for June are in and they've blown way past expectations with 4.8 million positions created."Total nonfarm payroll employment rose by 4.8 million in June, and...
  • Signs of a rapid economic recovery — and hope for Trump

    06/18/2020 6:36:37 AM PDT · by billorites · 6 replies
    New York Post ^ | June 17, 2020 | Charles Gasparino
    Conventional wisdom among corporate executives who lean left is that Joe Biden will be our next president, and they’ve begun eying various posts in the new administration that they or their friends would want to fill. But they’re forgetting one big obstacle to their path to power: the economy. That’s right, the economy. Yes, our economy appears to be in really bad shape and is working horribly for many Americans, particularly those in the hospitality, travel and restaurant industries hardest hit by the coronavirus shutdowns. The ­racial unrest and looting of neighborhoods across the nation didn’t help. Small businesses —...
  • Better than Obama: Happiness with ‘personal finances’ just shy of all-time record

    06/17/2020 8:56:08 AM PDT · by kevcol · 5 replies
    Washington Examiner ^ | June 17, 2020 | Paul Bedard
    While Trump foes and the media have played up the gloomy surveys, the latest Gallup poll shows that American optimism in personal finances is just three-points shy of the all-time record, and significantly higher than it was under former President Obama. The numbers: 53% call their personal finances "excellent" or "good," compared with 49% in April. The Gallup high was 56% last year. Under Obama, it never hit higher than 48%. By 41% to 37%, Americans said their situation is getting better rather than worse. 61% of Republicans said their finances are getting better, up from 47% in May. 27%...
  • So long, 33-day bear market — the bull is back and fresh highs are coming soon, says longtime strategist

    06/07/2020 6:45:43 PM PDT · by John W · 29 replies
    marketwatch.com ^ | Shawn Langlois
    “The market has been a ray of sunshine — basically investors being convinced that we’ll get out of this, and the economy will recover along with earnings... The economy may very well be catching up with the stock market rather than the stock market going off on its own.“ That’s Edward Yardeni, president of Yardeni Research, explaining to CNBC why he believes the historic May jobs report will ultimately be a game-changer for Wall Street. In other words, he believes such a massive rebound in the employment number flies in the face of the popular notion that the rally is...
  • S&P 500 erases its loss for the year as stocks rally on reopening optimism

    06/08/2020 4:09:35 PM PDT · by LibWhacker · 30 replies
    CNBC ^ | 6/8/2020 | Free Imbert, Yun Li y
    The stock market rallied once again on Monday, pushing the S&P 500 into the green for the year as the benchmark completed its wild round trip amid the coronavirus pandemic. Investors are growing more and more optimistic about a speedy economic recovery as states continue to reopen. Stocks finished the day at their session highs with the S&P 500 jumping 1.2%, or 38.46 points, to 3,232.39. The equity benchmark turned positive for the year in the final moments of Monday and has now bounced more than 47% off its March low. At one point this year, the S&P 500 was...
  • Dow surges nearly 1,000 points after jobs report shows surprise jump in payrolls, fall in unemployment rate

    06/05/2020 10:11:54 AM PDT · by SeekAndFind · 19 replies
    Market Watch ^ | 06/05/2020 | By William Watts and Mark DeCambre
    Stocks rose sharply Friday after the U.S. May jobs report showed a surprise 2.5 million jump in payrolls and a drop in the unemployment rate to 13.3% as businesses began to reopen from the COVID-19 pandemic lockdowns. How are benchmarks performing? The Dow Jones Industrial Average US:DJIA jumped 950 points, or 3.6%, to 27,226, while the S&P 500 US:SPX rose 88 points, or 2.9%, to 3,201. The Nasdaq Composite US:COMP advanced 191 points, or 2%, to 9,807 and was briefly trading above its record closing level of 9,817.18 set on Feb. 19. The Nadaq-100 US:NDX , meanwhile, rose 171 points,...
  • CNN doesn't air Trump jobs report remarks; Fox News, ABC, CBS, NBC carry in full

    06/05/2020 10:05:59 AM PDT · by yesthatjallen · 25 replies
    The Hill ^ | 06 05 2020 | Joe Concha
    CNN opted not to air President Trump's remarks on Friday's surprise jobs report showing 2.5 million jobs were added to the economy in May, with MSNBC carrying the comments partially, and Fox News, ABC, NBC and CBS carrying the speech from the Rose Garden in full. The president was in a celebratory mood following the report that the unemployment rate dropped from 14.7 percent in April to 13.3 percent in May. Analysts had expected the report would show unemployment rising to as high as 20 percent, and the new figures suggested an economic rebound could come more quickly. Stocks jumped...
  • Washington Post blasted over inaccurate 'grim milestone' tweet on unemployment rate: ‘It’s not true’ (20%)

    06/05/2020 9:55:58 AM PDT · by knighthawk · 8 replies
    Fox News ^ | June 05 2020 | Brian Flood
    The Washington Post was blasted on social media after it jumped the gun with an inaccurate tweet Friday claiming the May U.S. unemployment rate was close to 20 percent, moments after the actual report indicated the rate unexpectedly had dropped to 13.3 percent. “Grim milestone to be reached as May unemployment rate nears 20 percent,” the Post wrote in a now-deleted tweet to accompany a now-edited story with the same inaccurate headline. May’s 13.3 is significantly down from a record high in April, indicating the nation's economy is recovering faster than expected from the coronavirus lockdown – but it appears...
  • Dow up nearly 700 points after jobs report shows surprise jump in payrolls, fall in unemployment rate

    06/05/2020 8:03:45 AM PDT · by ConservativeInPA · 77 replies
    MarketWatch ^ | June 5, 2020 | William Watts and Mark DeCambre
    Stocks rose sharply Friday after the U.S. May jobs report showed a surprise 2.5 million jump in payrolls and a drop in the unemployment rate to 13.3% as businesses began to reopen from the COVID-19 pandemic lockdowns. How are benchmarks performing? The Dow Jones Industrial Average DJIA, +3.16% jumped 692.87 points, or 2.6%, to 26,974.69, while the S&P 500 SPX, +2.53% rose 68.63 points, or 2.2%, to 3,180.98. The Nasdaq Composite COMP, +1.88% advanced 160.03 points, or 1.7%, to 9,775.85. On Thursday, the Dow ended 11.93 points, or less than 0.1%, higher at 26,281.82. The fourth straight gain matches a...
  • May sees biggest jobs increase ever of 2.5 million as economy starts to recover from coronavirus

    06/05/2020 7:43:33 AM PDT · by Lazamataz · 48 replies
    CNBC ^ | PUBLISHED FRI, JUN 5 20208:31 AMQQ | Q
    Nonfarm payrolls rose by 2.5 million in May and the unemployment rate fell to 13.3%. Wall Street estimates had been for a decline of 8.3 million and a jobless level of 19.5%, which would have been the worst since the Great Depression era. Much of the gain came from those classified as temporary layoffs due to the coronavirus-related economic shutdown. Leisure and hospitality represented almost half the jobs gained. Employment stunningly rose by 2.5 million in May and the jobless rate declined to 13.3%, according to data Friday from the Labor Department that was far better than economists had...
  • Trump declares victory as US unemployment drops to 13.3%

    President Donald Trump took a victory lap on news of a 13.3% US unemployment rate Friday, announcing in a tweet he would be holding a surprise news conference at 10:00 a.m.
  • Trump touts surprise job figures: 'These numbers are incredible'

    06/05/2020 7:27:12 AM PDT · by Red Badger · 30 replies
    thehill.com ^ | By Morgan Chalfant - 06/05/20 09:22 AM EDT
    TRENDING: George Floyd Coronavirus Donald Trump Joe Biden TheHill.com Trump touts surprise job figures: 'These numbers are incredible' By Morgan Chalfant - 06/05/20 09:22 AM EDT 690 24 AddThis Sharing Buttons Share to Facebook Share to Twitter Just In... Three alleged members of far-right movement charged with attempting to incite violence at Las Vegas protests State Watch — 2m 10s ago Former NYPD commissioner Kelly: If unrest continues, 'we are going to need the National Guard' Media — 10m 36s ago At least five Alabama football players have tested positive for the coronavirus: report News — 18m 24s ago Justice...
  • LIVE: President Trump holds a Press Conference, 6/5/2020 10AM EDT

    06/05/2020 6:20:10 AM PDT · by Buckeye McFrog · 209 replies
    whitehouse.gov ^ | 6/5/2020 | Donald J. Trump
    President Trump holds a Press Conference on 6/5/2020 at 10AM EDT. Links below. https://www.whitehouse.gov/live/ https://www.youtube.com/watch?v=uFCvKNOU8Hg&feature=youtu.be