Category: Economy

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California. Commentary Economy Elections Harris Harris Cartel How funny is this? Lies Links from other news sources.

Yes Virginia, when you can’t beat them, join them. Harris proposes no tax on tips.

Vice President Kamala Harris after speaking at a campaign rally in Las Vegas on Saturday.Credit...Bridget Bennett for The New York Times

Yes Virginia, when you can’t beat them, join them. Harris proposes no tax on tips.

Much of the MSM is reporting on how Harris is proposing no tax on tips. Sounds original doesn’t it? Let’s see what other original idea she comes up with.

 U.S. Vice President Kamala Harris told supporters in Nevada on Saturday she supported eliminating taxes on tips, taking a similar position to her rival Donald Trump in an effort to win over service workers, an important constituency in the state. Below from the NY Times.

The “no tax on tips” pitch has garnered bipartisan support since Mr. Trump first floated it in June, including from Senator Ted Cruz, the Texas Republican, and both of Nevada’s Democratic senators, Catherine Cortez Masto and Jacky Rosen. Mr. Trump also announced his support for the policy in Las Vegas.

The former president responded immediately to Ms. Harris’s proposal on Saturday night, posting on his social media website, Truth Social, that she had “copied” his own. “This was a TRUMP idea,” he wrote. “She has no ideas, she can only steal them from me.”

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America's Heartland Back Door Power Grab Biden Biden Cartel Biden Pandemic Economy Education Elections Government Overreach Harris Harris Cartel Just my own thoughts Opinion

The scar that Harris and Biden left on this country. No compassion for the legal worker and family in the USA.

Crime is way up. © Provided by CNBC

The scar that Harris and Biden left on this country. No compassion for the legal worker and family in the U S A.

I guess this started when Biden decided to go total lock down during his COVID pandemic. True that Trump lost 22 million jobs, BUT HE GOT BACK 10 MILLION IN A FEW SHORT MONTHS.

Joe Biden took almost three years to recover the other 12 million. Why so long? His 6 trillion in new spending that caused inflation. Going up to almost 10% under his administration.

But the opening of the southern border was the killer. We hear anywhere from 10-20 million undocumented flooded our border. And where were they going to work?

I saw a leftist cry out that we needed to show compassion for these folks. A small number were fearful of government persecution. But most came for the jobs. Where was the compassion for the American workers and legal immigrants who had to compete against these interlopers?

Where was the compassion for the hundred thousand deaths a year because of the drugs brought in from the southern border? Excuse me for not caring about folks who brought unemployment and death upon those born here and those here legally.

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Biden Cartel Economy Government Overreach Harris Cartel Links from other news sources. Opinion Weaponization of Government.

Harris- Biden weaponizes FTC against Grocery Store Prices

Harris Biden playing the blame game. Getty images.

Harris- Biden weaponizes FTC against Grocery Store Prices.

Just like most things under the Harris Biden rogue government, grocery prices have gone up. But now the administration has the answer to lowering prices. Government Investigation.

Federal Trade Commission Chair Lina Khan said Thursday her agency will investigate the high cost of groceries.

During a joint meeting with the Department of Justice, Khan said supermarket chains are gaining “enormous profits” amid the rise in grocery prices that “skyrocketed during the pandemic,” The Hill reported last week.

Playing the blame game instead of saying hey we messed up and we will try to fix the mess we created.

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

So what happens when all the major corporations leave? Chevron to Move Headquarters from California to Texas.

Another one leaves California. AP Photo

So what happens when all the major corporations leave? Chevron to Move Headquarters from California to Texas.

The governor likes to tell folks about how business friendly California is. Chevron, America’s second-largest oil company, has announced it will move its headquarters from California to Texas as the leftist state continues to throttle businesses.

You have a corporation who has a 150 year history in California saying bye bye. Now 2,000 high paying jobs are going to Texas. “Since the 1980s, dozens of refineries have closed due to an increasingly harsh regulatory environment, which has resulted in increased gasoline price volatility and reduced production. A margin penalty will only exacerbate this troubling trend.” Andy Walz, president of Americas products at Chevron said.

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Biden Biden Cartel Commentary Economy Harris Harris Cartel Inflation Links from other news sources. Recession?

Thanks Joe and Kamala. Job growth down, unemployment up.

Unemployment up, job growth down. CNBC

Thanks Joe and Kamala. Job growth down, unemployment up. Nonfarm payrolls grew by just 114,000 for the month, down from the downwardly revised 179,000 in June and below the Dow Jones estimate for 185,000. The unemployment rate edged higher to 4.3%, its highest since October 2021.

Another disappointing month thanks to Joe and Kamala. The rise in the unemployment rate brings into play the so-called Sahm Rule, which states that the economy is in recession when the three-month average of the jobless level is half a percentage point higher than the 12-month low. In this case, the unemployment rate was 3.5% in July 2023 before it began its gradual ascent. The three-month unemployment rate average moved up to 4.13%.

So it looks as if we’re heading for a recession. Just in time for the elections.

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Biden Cartel Commentary Economy Harris Harris Cartel Links from other news sources. Opinion Politics Work Place

Jobless Claims Surge To Highest Level in Nearly A Year, Ongoing Joblessness Hits Highest Since 2021.

A female warehouse worker having troubles at warehouse.

Jobless Claims Surge To Highest Level in Nearly A Year, Ongoing Joblessness Hits Highest Since 2021. Thanks Joe and Kamala.

Well, we continue to see that the economy is still struggling. Again, Jobless claims have risen. And that’s been happening ever since Donald Trump left office. We have this from Breitbart.

This was higher than even the most pessimistic forecasts in Econoday’s survey and far above the consensus estimate of 236,000.

The number of people collecting unemployment benefits beyond their initial week increased by 33,000 to 1.88 million. This is the highest number of continuing claims since 2021, when the economy was still staggering from the pandemic. The rise continuing claims indicates that Americans who have lost their jobs are having more trouble finding new work.

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Biden Cartel Commentary Economy Harris Harris Cartel Links from other news sources.

Short and Sweet. Debt surpasses 35 trillion.

Short and Sweet. Debt surpasses 35 trillion. And of course, Harris has been there for this rise and she supported Biden. Remember that every 100 days the debt rises by 1 trillion.

President Trump had that huge spending the year COVID hit. Joe Biden had three vaccines that he said would save us all. What we got was a million COVID deaths and about 8 trillion in new debt.

Last year, the national debt was $32.65 trillion, an increase of $2.35 trillion year over year, a 7% increase. This equates to:

  • $196 billion in new debt per month.
  • $6.4 billion in new debt per day.
  • $268 million in new debt per hour.
  • $4.5 million in new debt per minute.
  • $74,401 in new debt per second.

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Biden Cartel Commentary Economy Education Links from other news sources. Un documented. Weaponization of Government.

Yes Virginia. The undocumented are a problem, especially when taking jobs or getting social programs.

JACUMBA HOT SPRINGS, CALIFORNIA, UNITED STATES - JUNE 10: Hundreds of irregular migrants cross the border to Jacumba Hot Springs days after US President Joe Biden announced a decree to change migration policy at the border in California, United States on June 10, 2024. Biden rolled out the new executive order, to significantly restrict asylum claims in a bid to stave off Republican criticism of his border policies ahead of November's presidential election. The order goes into effect when there is a seven-day average of 2,500 or more 'border encounters' per day. That includes the southwestern land border and southern US coastal borders. There are already well over 2,500 daily 'border encounters,' meaning the order immediately takes effect. Its restrictions remain in place until two weeks after the number of 'border encounters' dips below 1,500. (Photo by Katie McTiernan/Anadolu via Getty Images)

Yes Virginia. The undocumented are a problem, especially when taking jobs or getting social programs. Never did we have issues with legal immigrants. But according to Pew, it’s the undocumented.

  • 49% were naturalized U.S. citizens.
  • 24% were lawful permanent residents.
  • 4% were legal temporary residents.
  • 23% were unauthorized immigrants.

From 1990 to 2007, the unauthorized immigrant population more than tripled in size, from 3.5 million to a record high of 12.2 million. From there, the number slowly declined to about 10.2 million in 2019.

In 2022, the number of unauthorized immigrants in the U.S. showed sustained growth for the first time since 2007, to 11.o million.

As of 2022, about 4 million unauthorized immigrants in the U.S. are Mexican. This is the largest number of any origin country, representing more than one-third of all unauthorized immigrants. However, the Mexican unauthorized immigrant population is down from a peak of almost 7 million in 2007, when Mexicans accounted for 57% of all unauthorized immigrants.

The drop in the number of unauthorized immigrants from Mexico has been partly offset by growth from other parts of the world, especially Asia and other parts of Latin America.

The 2022 estimates of the unauthorized immigrant population are our latest comprehensive estimates. Other partial data sources suggest continued growth in 2023 and 2024.

Who are unauthorized immigrants?

Virtually all unauthorized immigrants living in the U.S. entered the country without legal permission or arrived on a nonpermanent visa and stayed after it expired.

A growing number of unauthorized immigrants have permission to live and work in the U.S. and are temporarily protected from deportation. In 2022, about 3 million unauthorized immigrants had these temporary legal protections. These immigrants fall into several groups:

  • Temporary Protected Status (TPS): About 650,000 immigrants have TPS as of July 2022. TPS is offered to individuals who cannot safely return to their home country because of civil unrest, violence, natural disaster or other extraordinary and temporary conditions.
  • Deferred Action for Childhood Arrivals program (DACA): Almost 600,000 immigrants are beneficiaries of DACA. This program allows individuals brought to the U.S. as children before 2007 to remain in the U.S.
  • Asylum applicants: About 1.6 million immigrants have pending applications for asylum in the U.S. as of mid-2022 because of dangers faced in their home country. These immigrants can stay in the U.S. legally while they wait for a decision on their case.
  • Other protections: Several hundred thousand individuals have applied for special visas to become lawful immigrants. These types of visas are offered to victims of trafficking and certain other criminal activities.

In a

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Biden Biden Cartel Biden Pandemic Censorship Commentary Corruption COVID Economy Education Elections Government Overreach Links from other news sources. MSM Reprints from others.

Articles the MSM ignores.

MSM ignoring articles.

Articles the MSM ignores.

#10 – Study uncovers a 37% LOSS in life expectancy among people who took two or more COVID shots.

#9 – Biden says he’s “proud” to be a “Black woman.”

#8 – Congressman shares jaw-dropping story about Trump’s legendary power move against the Taliban.

#7 – Joe Rogan’s thought-provoking comparison of Maui and Ukraine goes viral.

#6 – World Economic Forum staffers accuse Klaus Schwab of sexual harassment.

#5 – Vivek Ramaswamy narrows down Joe Biden’s replacement to one of two individuals.

#4 – Trump floats “televised military tribunals” for jailing top Dem and GOP politicians.

#3 – Nearly 200 pages of Epstein Grand Jury documents are quietly released for the first time.

#2 – Putin supports Trump’s plan to stop the war in Ukraine.

#1 – Tennessee woman wins landmark lawsuit against BlueCross BlueShield, securing nearly $700K for denial of COVID vaccine exemption.

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America's Heartland Commentary Economy Education Elections Free Speech Links from other news sources. Reprints from others.

Winning. Reuters: Newsmax Is Top US News Brand

Newsmax is growing. Getty Photo

Winning. Reuters: Newsmax Is Top US News Brand

A new Reuters study found that Newsmax is one of the influential news brands in the U.S.

Earlier this week, the Reuters Institute for the Study of Journalism released its annual Digital News Report, surveying 100,000 people across 47 countries.

The Reuters U.S. survey found Americans are turning to just 12 news brands offline for news.

And Newsmax was one of them.

Reuters found that 8% of Americans — about 25 million Americans — turn to Newsmax for their news at least weekly.

Newsmax ranked close to well-known news brands like The Wall Street Journal, Washington Post, and The New York Times.

“Newsmax’s rise is even more stunning considering the newness of our brand, Big Tech efforts to thwart us, and several virtual TV distributors still keeping us from their subscribers,” Chris Ruddy, CEO of Newsmax, said.

Newsmax started as a digital media company in 1998 and a decade ago launched a cable news channel.

Today, the cable channel is available on all major cable systems and through its proprietary app on Newsmax+.

Newsmax also launched Newsmax2, a streaming news channel.

The Reuters study also found that Newsmax is taking close to 30% of Fox News’ total audience.

The Reuters study did not include Newsmax’s significant reach online through its popular app, its website Newsmax.com, and its massive social media following on platforms like Facebook, X, and Truth Social.

Newsmax estimates it reaches 40 million American regularly through all its platforms.

Other surveys have also found Newsmax’s brand is rising and resonating among U.S. consumers.

Last year, the Economist/YouGov annual survey of Trust in Media found Newsmax was among the most trusted cable news brands, ranking with outlets like CNN, MSNBC, Fox, and Bloomberg.

Last week, Newsmax announced that it plans to make a public offering later this year with a listing on the New York Stock Exchange or Nasdaq.

The company cited significant investor interest and its strong growth in ratings and revenues as helping to make the decision to go public.

Newsmax said its revenues have grown over 330% since 2019 and its cable TV and online ratings have been strong.

Nielsen reported that in 2023 Newsmax was the only cable news channel to see significant ratings growth across all dayparts, making it the fourth-highest-rated cable news channel in the nation.

Article originally was found on Newmax