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Bidenomics is a great marketing ploy where you have out of control Federal spending and magically decide to reopen the economy and school after Covid and focus only on jobs added after Biden was selected President and ignore the jobs added during Trump. Real gross domestic income (GDI) is a measure of the incomes earned and the costs incurred in the production of gross domestic product. It’s another way of measuring U.S. economic activity. BEA also publishes the average of real GDP and real GDI. REAL GDI dropped to -0.8% QoQ for Q1 2023. Kind of looks like Bidenomics is...

A new poll out from Richard Baris shows that Trump is undoubtedly in the lead in the 2024 presidential race in the Rust Belt states. Trump leads the GOP primary field with 67.5 percent, and DeSantis comes in a distant second at 17.1 percent. Trump also leads President Biden in the poll, showing that likely voters prefer Trump to Biden 46.9 to 38.1 percent. Among those likely voters who were polled, 7.5 percent say they would opt for a third party candidate, and 7.4 percent are not yet decided. If DeSantis were to be the nominee, according to likely voters,...

I try to avoid listening to politicians, particularly Joe Biden. But his remarks in a speech that he inherited a train wreck from Republicans struck me as … wrong and grossly misleading. First, Democrats had a majority in the House of Representatives, not Republicans. Second, since 2020 was the outbreak of Covid-19 and subsequent economic shutdowns, I am going to look at things at January 2020 just prior to the economic shutdowns, mostly by state governors and city mayors. Let’s start with unemployment. It was 3.5% under Trump in January 2020 BC (before Covid). It is now 3.5%. Advantage? Tie....

We have faced a lot of significant challenges in modern American history, but nobody will ever forget the economic horror that is breaking loose during Joe Biden’s time in the White House. For years, we were warned that the policies that our leaders were pursuing would destroy the value of our currency and unleash rampant inflation. Now it has happened. For years, we were warned of a looming global energy crisis that would inevitably hit us. Now it is here. But what we have been through already is just the beginning. The shortages that we are experiencing now will get...

The Supreme Court Monday rejected an appeal from several states challenging Congress's cap on state and local taxes that can be deducted from federal taxable income.

The US has agreed to ease Trump-era tariffs on UK steel and aluminium shipments, resolving an issue that had strained relations between the allies. The move follows earlier deals with the European Union and Japan over the controversial taxes, which were imposed by former President Donald Trump in 2018 in the name of national security. In exchange, the UK will suspend extra taxes it had put on US products such as bourbon and Levi's jeans.

The statistics for the entirety of Donald Trump’s time in office are nearly all compiled. As we did for his predecessor four years ago, we present a final look at the numbers.

Hi All, In an argument in a telegram thread and I am being slammed by people saying Trumps economy was worse than all other President's since Hoover and then they linked a Forbes link...anyone have any info I can present?

The U.S. economy is out-performing expectations on almost every front. Friday’s release of the employment situation in the U.S. is just the latest data point showing that the U.S. economy is growing at a much faster pace than anticipated. The economy added 379,000 jobs in February, the Department of Labor said. January’s figure, which was initially reported as a very weak 49,000, was revised up to 166,000. Combined with smaller job losses in December, it’s clear the labor market is in far better shape than forecast. It’s not just jobs. Factory orders rose by 2.6 percent in January, topping the...

Source: Official White House Photo by Andrea HanksPresident Trump has reached the ending catastrophic scene in his Shakespearean tragedy playing out on the world's stage. A man well-born, who dared to shoot for the stars, reached the stars, had the universe at his fingertips, and then crashes back to Earth in flames due to taunting media gargoyles and his deep inner failings.Nevertheless, Trump remains one of the most effective presidents in U.S. history. This is the “Trump Paradox" that will intrigue historians (and psychologists) long into the future.Ignore the media cacophony trying to convince you that Trump is the source...

Lost on the President Donald Trump-hating pundits who weighed in on the second and final debate with former Vice President Joe Biden was Trump's energy and focus. The man just recovered from COVID-19. Male and 74 years old, Trump is in the "high-risk" category. His weight makes him "comorbid." Yet, there he was, still throwing heat at the end of the standing 90-minute debate, having spoken earlier that day at a typically raucous love fest/campaign rally. Trump handily defeated Biden, who noticeably tired by the end of this second and final debate. Yes, nearly all polls show Biden ahead both...

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...

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...

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...

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...

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...

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 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...

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...

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 —...