Category: Economy

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Economy

President Trump’s tariffs work. Don’t believe me? Just ask Biden’s Commerce chief.

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President Trump’s tariffs work. Don’t believe me? Just ask Biden’s Commerce chief. Also the Commerce Secretary admitted that Jobs were actually saved. Remember when Joe said China was our friend and only Russia was an enemy. But the Trump tariffs not only smacked China, it also saved American jobs. From the Secretary.

“With respect for tariffs, there is a place for tariffs,” she said. “You know, the 232 tariffs on steel and aluminum have, in fact, helped save American jobs in steel and aluminum industries.”

“First, we have to be honest which is to say China’s behavior is anti-competitive, coercive, their human rights abuses are horrific. And they need to be held to account for that,” she said, before addressing the effects of Trump’s tariffs directly.

“Let me say, those tariffs have been effective,” Raimondo explained. “The data show that those tariffs have been effective, and I think what President Biden has said is we’re going to have a whole of government review of all of these policies and decide what it makes sense to maintain.”

Even Biden came around after the election. “I’m not going to make any immediate moves, and the same applies to the tariffs,” Biden said during his December interview with the newspaper, additionally highlighting goals to better coordinate with allied countries. The president noted that “leverage” was necessary to approach further relations with China, adding, “in my view, we don’t have it yet.”

I remember the Progressive hate groups were upset that their allies were being punished. I guess Biden changed his mind after he found out that Hunter wasn’t offered a job as a CEO for a Chinese company.

 

 

 

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Categories
Economy Life

You win in a legal settlement and you still are put in the back of the bus. Rosie O’Donnell’s New Jersey home to be demolished, turned into Partial affordable housing.

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You win in a legal settlement and you still are put in the back of the bus. Rosie O’Donnell’s New Jersey home to be demolished, turned into Partial affordable housing. When I heard about this, I could not stop laughing. Rosie sells her house where the rich and famous live.

The hilarious part is the fact that a housing project is being put in the neighborhood where rapper Ja Rule and singer Mary J. Blige live. But you know the left can’t even do a housing project the right way. The poor are going to be walled in a segregated section. Away from everyone else.

An insider explained that of the 60 units in the plan, “only eight are set for low and moderate income and the developer will stick the eight units in the back corner of the property instead of integrating, so everyone will know these are the homes saved for the poor.”

The rich are pissed off cause you’re having housing put into a residential neighborhood. The poor are pissed cause they only get eight units when the original agreement called for 20% of the 60. Plus they will be in a segregated section. Jim Crow is alive and well in NJ.

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Economy Opinion Politics

Put away the orange drink and the fried chicken. Amazon workers vote against organized slavery.

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Put away the orange drink and the fried chicken. Amazon workers vote against organized slavery. That’s what the NY Times told us. So many on the left thought that the new wave of laziness was to bring back a threat of hanging out and getting paid. First target was Amazon Alabama. Why did they think that would be a good place to pick?

With 80% of the workforce being black, the Union thought that they would enjoy a job where they no longer had to think for themselves and have a two hour work day. Like their brothers and sisters in California unions. I guess the white suppression hoax failed big time.

Workers’ rejection of a union at Amazon.com Inc.’s warehouse in Bessemer, Ala., is a setback to organized labor’s efforts to reverse a decades long decline in private-sector membership nationally.

 

The Alabama result underscores unions’ challenges in increasing membership in the U.S. private sector, where they represent just 6.3% of workers, down from 24.2% in 1973, according to data from Georgia State University.

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Categories
Economy

Sorry to burst your bubble but inflation is already here. Thanks Joe.

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Sorry to burst your bubble but inflation is already here. Thanks Joe. One thing that’s being hid from us is the big swear word when it comes to the economy. Inflation. The fed, Biden Administration, and the MSM are doing a good job hiding it from us.

Look at housing and cars since January. Gasoline. Food. Big ticket items. We bought a new stove and dishwasher a few months back, they are up over $50.00 each. My Turkey bacon went up $.30 a lb.

This is just the beginning. As Joe keeps on adding more regulations, more items and goods will be going up. What say you?

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Categories
Economy Opinion Politics

So how many new jobs did President Trump create last month? There were 916,000 jobs added. Thank You President Trump.

The man,myth, the legend.

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So how many new jobs did President Trump create last month? 916,000. It will be interesting to see how strong the Trump train still is. Some were looking for as many as one million new jobs.

And how about the unemployment rate? President Trump has brought back over six million jobs that were lost because of the phony lock down.

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Economy Opinion

ADP. He may not still be President, but he’s still creating jobs. Trump policies add 517,000 jobs in March.

The MAN, MYTH the LEGEND

Views: 26

ADP. He may not still be President, but he’s still creating jobs. Trump policies add 517,000 jobs in March. The increase in employment was particularly strong in areas that were hit hardest by the pandemic. Restaurants, hotels, theaters and other companies in leisure and hospitality ramped up hiring as governments eased restrictions on customer limits and hours of operation.

Manufacturers created 49,000 jobs in another strong showing. Old-fashioned heavy industry has led the U.S. recovery since last year. ADP revised its estimate of new private-sector jobs in February to 176,000 from 115,000. Unusually severe winter weather dampened hiring in that month.

 

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Categories
Economy Opinion

What a swell guy. First Ford says that Joe made Mexico look much more inviting. Then we see that 770,000 more Americans filed unemployment claims.

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What a swell guy. First Ford says that Joe made Mexico look much more inviting. Then we see that 770,000 more Americans filed unemployment claims. In 2019 President Trump pressured Ford and GM to commit to build in the US. Both said yes. GM so far has. Ford seeing the new taxes and regulations Joe Biden has plans of adding may have been too much. So they are heading south.

New weekly jobless claims rose to 770,000 for the week that ended March 13, the Department of Labor said Thursday. Economists surveyed by Econoday had forecast a decline to 700,000. The prior week was initially reported at 712,000 but was revised up to 725,000.

 

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Economy Politics

Is inflation heading our way? Economists think so.

FREE MONEY!

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Is inflation heading our way? Economists think so. In fact, many see inflation moving toward and perhaps a bit above the Federal Reserve’s 2% target rate that has been elusive for much of the past decade. The primary driver is an economic reopening fueled by more Americans getting vaccinated, which will cause upward price pressure in industries that were held back during the coronavirus pandemic.

Have you noticed how the price of gas has been rising? A dollar a gallon in my area. At the Fed’s meeting earlier this month, Chairman Jerome Powell acknowledged that the economy could see some price pressures, perhaps from rising energy.

 

 

 

Great interview.Brilliant man.Honest observation worthy of serious action, decision and precaution.His diagnosis seems very logical.I am convinced that the manic nature of the market is reaching its climax and end is near.My gut feeling points that bubble explosion may coincide with the next stimulus..

“Act big” is the new slogan of the Biden administration. There is a need for large fiscal spending to ensure a full recovery from the COVID-19 crisis. The Federal Reserve is on board. Its chairman Jerome Powell argued for the need for “patiently accommodative” monetary policy, a signal that the central bank is not planning to increase interest rates in the near future.

But some studies have shown that accommodative monetary policy has boosted asset prices, especially those of stocks and houses. Because the rich people own more assets than poor households, the wealth inequality in the U.S. may widen even further. Additional expansionary policies may lead to another wave of asset-price appreciation and wealth inequality increase.

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Economy Opinion Politics

After four years of having an Adult for President, we now have this? Call 911.

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After four years of having an Adult for President, we now have this? Call 911. I don’t know what that was last night, but for a few minutes, I was wondering if I fell asleep and was dreaming. First here’s the Speech.

I must admit I couldn’t watch it a second time. I’m still in shock from the live telecast yesterday. It’s as if the man had no clue about what’s happened. He refuses to take responsibility for leaving no Respirators or masks when He along with Obama left office.

This from the USA Today.

Our rating: True

We rate this claim TRUE because it is supported by our research. There is no indication that the Obama administration took significant steps to replenish the supply of N95 masks in the Strategic National Stockpile after it was depleted from repeated crises. Calls for action came from experts at the time concerned for the country’s ability to respond to future serious pandemics. Such recommendations were, for whatever reason, not heeded.

Our fact-check sources:

Joe Biden gave no credit to all the folks who the past year have been doing an awesome job. These folks in the Trump administration ( under the direction of President Trump and Vice President Pence ) saved millions of lives. Even some of the folks in the Biden administration ( including the fauch ) have said what a success Operation Warp Speed has been and it’s still being used.

Biden and Harris both said they were left with a mess and no vaccine or plans. Oh really?

Andy Slavitt, a senior adviser to the White House’s Covid team, on Thursday credited the Trump administration’s Operation Warp Speed for spurring the development of a Covid vaccine at an unprecedented pace.

“We’re grateful for the work that came before us and are doing the best we can to continue it and accelerate it,” Slavitt said on Fox News. “I would absolutely tip my hat. … The Trump administration made sure that we got in record time a vaccine up and out. That’s a great thing and it’s something we should all be excited about.”

Below are videos who show President Trump and Operation Warp Speed getting the credit. Biden mentioned the three vaccines. What he left out was they were all developed under the Trump administration.

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Categories
Economy Corruption

So what didn’t the MSM tell us about the $1.9 trillion dollar Turkey bill?

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So what didn’t the MSM tell us about the $1.9 trillion dollar Turkey bill? Oh sure we hear the so called good stuff in the COVID bill. $1,400 checks, $300 a week extra in unemployment, and more money for COVID.  9% of the total bill. But what’s left out?

How many folks on the left knew that California with a 20 billion dollar surplus was getting over 20 billion from this bill? How many folks knew  that 86 billion was going to states for pension bailout? How many folks knew that the country unemployment is down to 6.2%? We’re 420 billion behind from when the virus started. But 1.9 trillion is being spent.

Finally one trillion from the previous COVID relief programs hasn’t been spent yet.

 

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