Category: Economy

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Commentary Democrat Economy Elections Links from other news sources.

Yes Virginia, Americans cared about the economy, inflation, not J6.

Much to do about nothing.

Yes Virginia, Americans cared about the economy, inflation, not J6.

Americans looked at J6 and saw what I saw. Much to do about nothing. J6 was about a protest that thanks a city that refused Trumps help, let a protest get out of hand.

This from a CNN Analysist.

“People, simply put, didn’t care as much about the attack on the Capitol,” Enten continued. “Look at this, ‘January 6th is your biggest memory of Trump’s first term.’ By the time of 2024, look at this. It was just 5%, just 5% of Americans, and among Republicans it was just 2%. So the bottom line is, fewer Americans faulted Donald Trump, thought he was greatly responsible for the January 6 attack, and more than that, when it went in the rear view mirror, far fewer folks thought that it was their number one memory.”

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Commentary Economy Links from other news sources. Opinion Politics Taxes The Border Trump

Pass few bills, but put a lot in them.

Former U.S. President Donald Trump, with lawyers Christopher Kise and Alina Habba, attends the closing arguments in the Trump Organization civil fraud trial at New York State Supreme Court in the Manhattan borough of New York, Thursday, Jan. 11, 2024. (Shannon Stapleton/Pool Photo via AP)

Pass few bills but put a lot in them.

The House needs to combine numerous items in one large reconciliation bill. Some in Trumps inner circle want several, but Speaker Johnson has stated that the President wants one large bill.

That bill will cover border security, energy, and an extension of Trump’s 2017 tax law.

Reconciliation allows Congress to pass party-line policies on taxes and spending with simple majority votes, bypassing the Senate’s standard 60-vote requirement for legislation. Marshaling Trump’s policies into one bill would allow the incoming administration to advance their agenda.

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Commentary Economy Education Links from other news sources.

How we get around the 60 vote. Reconciliation.

December 11, 2024 Anne Dwyer, Kelly Whitener

How we get around the 60 vote. Reconciliation.

Just as they have done in the past, the Democrats in the Senate are already claiming that they will derail the Trump train. Many bills take a 60 vote to pass. How to respond?

Reconciliation. Reconciliation allows some tax and spending bills to pass with a simple majority vote. Republicans plan to use this process to increase spending on border security and cut taxes, and are currently deciding whether to handle them separately or roll them into one gigantic package.

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California. Commentary Corruption Democrat Economy Government Overreach Links from other news sources.

So why so Surprised? California businesses are now shouldering the state’s federal unemployment debt with higher payroll taxes.

You voted for this.

So why so Surprised? California businesses are now shouldering the state’s federal unemployment debt with higher payroll taxes.

Business owners are acting like they’re shocked that the taxes went up. Why? This is California, why not? You get the government that you voted for, so live with it. From our friends at KCRA3.

The state failed to repay on time its $20 billion loan from the federal government that helped with California’s unemployment costs during the pandemic. The state forced businesses to close during COVID-19, leaving many jobless and in need of unemployment pay. State officials have said California ended up paying more than $200 billion in benefits. More than $32 billion of was the subject of fraud, according to nationally recognized fraud experts. Officials for California’s Employment Development Department have disputed this, stating the amount of fraud was $20 billion with $6 billion of it recovered.

Now will the business owners wake up and work to get a government for the people? Or will they leave the state or shut up and pay the taxes they voted for?

Hey the state is trillions in debt so the politicians just pass along that debt to you. But not to worry. The undocumented will have a very Merry Christmas.

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America's Heartland Commentary Economy EV Links from other news sources.

One law. One Page. Part 23. EV’S.

FILE PHOTO: EVgo fast electric vehicle chargers are shown charging a Chevy Bolt in Encintas, California, U.S.,October 17, 2023. REUTERS/Mike Blake/File Photo © Thomson Reuters

One law. One Page. Part 23. EV’S.

Pass a law that bans any electric battery not made in the USA. Give companies two years to comply. Until the mining of minerals can be be done here, allow the minerals from non Communist/Socialist countries.

Use what’s left of Biden’s $7.5 billion plan to build charging stations and shifting the money to battery-minerals processing and the “national defense supply chain and critical infrastructure.”

Finally give the $7,500 tax credit to those who buy American made hybrid or gasoline fueled cars.

Reuters article used as a source.

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America's Heartland Biden Cartel Commentary Economy Inflation Links from other news sources.

Another reason to shop for food bargains. Wholesale Food Prices surge.

Food prices have strained Americans' household budgets in recent years. (Frederic J. Brown/AFP via / Getty Images)

Another reason to shop for food bargains. Wholesale Food Prices surge.

Now should show folks why changes had to be made. Wholesale prices climbed 3% in November, the sharpest year-over-year rise since February 2023. Americans weren’t buying the lefts claim that things were rosy and prices were coming down.

Now when Wholesale prices go up, corporations profits are effected and usually that means those increases are passed on.

The wholesale price report comes a day after the government reported that consumer prices rose 2.7% in November from a year earlier, up from an annual gain of 2.6% in October. The increase, fueled by pricier used cars, hotel rooms and groceries, showed that elevated inflation has yet to be fully tamed.
Newsmax was used as a source. Inflation Surges Again: PPI Trends at Almost 5 Percent Yearly | Newsmax.com

 

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California. Economy Links from other news sources.

Good news is that California fast food workers got a big raise. Bad news is that 6,000 workers didn’t because they were let go.

Full time jobs shrinking.

Good news is that California fast food workers got a big raise. Bad news is that 6,000 workers didn’t because they were let go.

Newsom claimed that there have been several positive impacts from the policy, including job growth and improved working conditions, in a September op-ed published by Fox News. The facts?

Since the law’s passage in September 2023, the state’s privately-owned fast food restaurants have lost 6,166 jobs through June. But Newsom claims that it’s been better since the passage. Better for who? not the laid off worker, or the customers who now pay more.

“The OpEd in Fox News today by the governor is disappointing because it paints a very misleading picture about what’s going on on the ground,” Rebekah Paxton, director of research and state coalitions at the EPI, told The Center Square in a September interview. “Instead of touting these numbers that most economists would say don’t accurately measure the situation, it would behoove Governor Newsom to talk to the workers and talk to the operators who are losing their jobs and losing their livelihoods as a result of this policy.”

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Commentary Economy Education Elections Opinion The Law

One law, one page. No state law will be stricter than Federal Law. Part 18.

Winning in the courts.

One law, one page. No state law will be stricter than Federal Law. Part 18.

Where there is a State law that’s similar to Federal law, the state law cannot be stricter than the federal law. Example. If the Federal EPA says gas milage for all cars is 25mpg., no state can have a higher mpg.

There are no exceptions. States like California need to be reigned in. This extends the Supremacy Clause.

The Supremacy Clause of the Constitution of the United States (Article VI, Clause 2) establishes that the Constitution, federal laws made pursuant to it, and treaties made under its authority, constitute the “supreme Law of the Land”, and thus take priority over any conflicting state laws.[1] It provides that state courts are bound by, and state constitutions subordinate to, the supreme law.

 

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Biden Cartel Commentary Economy Harris Cartel Opinion Politics Work Place

Difference between Biden-Harris Tariffs and Trumps proposed Tariffs.

Tariffs vs proposed Tariffs.

Difference between Biden-Harris Tariffs and Trumps proposed Tariffs. Biden-Harris without thinking just slams countries with Tariffs not realizing the consequences when not thought out.

Trump gives a short notice (take China for example) that if you don’t remove your Tariffs, we will retaliate. See the difference? Let me explain it to Progressives. China is already putting heavy Tariffs on our products. Biden Harris puts Tariffs on China’s cars. So what happens? Tariffs on US cars will be even higher.

Trump comes in and sees what Tariffs are on our goods, then tells China we will do the same. Now when China backs down, that actually makes their products lower, and our products sell in China creating more American jobs.

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America's Heartland Commentary Economy Government Overreach Leftist Virtue(!) Links from other news sources. Opinion Politics The Courts Work Place

Beating the left in court.

Winning.

Beating the left in court. Amsterdam NY was like one of the Midwest rustbelt cities. Their manufacturing was gone and all that was left was empty buildings.

Anthony Constantino has been buying the old buildings and brining back manufacturing. So far1,500 jobs. In the one building he put his company Sticker Mule. On top of it he put a huge Vote Trump sign.

The leftist mayor went to court and got a temporary injunction. Supporters of the former president in upstate New York won a last-minute court victory allowing them to illuminate a 100-foot wide “Vote for Trump” sign — despite their city’s effort to block the massive political endorsement.

The judge lifted the temporary restraining order in the nick of time, after hearing oral arguments on the case, ending at around 5:30 p.m. Monday. The mayor and lawyers claimed the sign posed a risk to the drivers on the highway. The judge agreed to vacate her prior order on the grounds that the sign is sufficiently far from highways and doesn’t pose a danger.