Category: Economy

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Economy

Thanks Joe Biden. Disney announces more layoffs.

Joe following the Don.
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Thanks Joe Biden. Disney announces more layoffs. We were told that it would be 28,000. But now it jumped to 32,000. But what does Joe Biden say?

I’m going to fix the economy. Odds are the only thing that he can do is ask the companies to reopen, or make everyone a essential worker. But until then, workers will suffer because of this panic Joe and his allies in the MSM created.

Hopefully this doesn’t effect Florida.

What say you?

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Economy

The Job numbers are in. 638,000 Jobs created.

Who's working those jobs?

The Job numbers are in. 638,000 Jobs created. The Labor Department is scheduled to release the October jobs report before the bell. Job growth was expected to total 530,000 in October, and the unemployment rate is expected to fall to 7.7%, according to Dow Jones. Boy were they wrong.

638,000 jobs were created vs 200-575 K expected. unemployment dropped to 6.9%. 12 million new jobs created since the Pandemic.

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Economy

A real QB to be spokesman for the new Lordstown Motors Truck. Aren’t you glad you didn’t sell your house?

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A real QB to be spokesman for the new Lordstown Motors Truck. Aren’t you glad you didn’t sell your house? Lordstown Motors could have gone to the racist scrap pile and picked up a spokesman of hate.

Before it’s release, the Lordstown Motors Endurance all-electric pickup has signed a big endorsement deal to bring brand awareness to the truck. Lordstown Motors signed Cincinnati Bengals quarterback Joe Burrow as the first brand partner for the Endurance truck.

The “Work for it” campaign kicks off with Burrow as the face.Burrow highlights the phrase “If you want something better, work for it,” for both him and Lordstown Motors.

Beside being picked the number one choice for the Post office contract, this was just released. A betting site listed the Endurance with the third-best odds to get an all-electric pickup to market first, trailing the Rivian R1T and Cybertuck from Tesla TSLA.

 

 

 

 

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Economy

California theme parks push back on restrictions in state’s draft reopening plan.

California theme parks push back on restrictions in state’s draft reopening plan. Will this governor never cease to amaze you? How can he in good conscience not allow theme parks to even open at a limited occupancy?

Disneyland, Disney California Adventure, Universal Studios Hollywood, Knott’s Berry Farm, SeaWorld San Diego, Six Flags Magic Mountain, Legoland California and other California theme parks closed in mid-March as the COVID-19 pandemic forced business across the U.S. to shutter their operations and society to adjust to the “new normal.”

Look at these crazy restrictions. The parks want them changed.

  • Individual theme parks can reopen only once their county reaches the least-restrictive “minimal” risk level

  • Operate at 25% of attendance capacity

  • Limit visitors to residents living within a 120-mile radius of each theme park

The state’s draft guidelines present two key problems for theme parks:

  • Placing theme parks in the final tier of the Blueprint for a Safer Economy means the severity of the guidelines never change until the pandemic ends
  • Reaching the least-restrictive “minimal” tier could be difficult to nearly impossible for California’s most-populous counties

The draft guidelines likely would prevent California theme parks from reopening for weeks or months.

California theme parks likely would not be able to set reopening dates until their respective counties entered the “minimal” tier — or not at all if their counties were stuck at a more-restrictive level.

 

So if there are minimal to no covid outbreaks at the parks, they must close if the county they’re in have outbreaks. What does the governor think is going to happen? People with the virus will flock to the parks?

Categories
Economy

And the job numbers are in.661,000 new jobs.

And the job numbers are in. 661,000 new jobs. Most were expecting anywhere from 550,000 to 850,000. No one is expecting the numbers to hit 1 million. Also the unemployment was expected to be at 8.2% At the same time frame, Obama was also at 8.2%. And he had no Pandemic that shut the country down.

 

Categories
Economy

Ford reveals electric Mustang with ‘stunning’ acceleration.

Ford and Webasto today reveal Mustang Lithium, an ultra-high-performance battery-electric Mustang fastback prototype. With more than 1,000 ft.-lbs. of torque and more than 900 horsepower instantaneously available, this Mustang amps muscle car performance to a new level and helps gauge the level of interest the next wave of performance customers have in lightning-quick performance that only fully electric powertrains can deliver.

Ford reveals electric Mustang with ‘stunning’ acceleration. This is so unbelievable. 900 Horsepower? When it arrives in late 2020, Mustang Mach-E will be available with standard and extended-range battery options with either rear-wheel drive or all-wheel drive powered by permanent magnet motors.

Chief among the information in the limited spec revealed was the revelation that the Mustang Mach-E will be available with a variety of different power outputs, giving 0-60mph times rated between mid-three seconds and mid-six seconds. Range for these models is quoted at between 230 and 300 miles on the EPA system, while all-wheel drive and rear-wheel drive are available depending on which model is chosen.

Ford also announced today that it will begin taking deposits for the Mustang Mach-E in the US and Europe immediately after it’s revealed, with the first wave of buyers being offered the option of a highly specced First Edition model. However, full pricing hasn’t yet been announced, while Chinese buyers won’t be able to put down a deposit until a later date.

Deliveries of the Mustang Mach-E are expected to commence in 2020, suggesting the car in Los Angeles will be a production model rather than a concept. Ford is understood to have had huge internal debates over using the Mustang name in production. The new model was given the ‘Mach 1’ tag during early development because of strong public opinion against the use of the branding historically reserved for Mustangs, but Ford has now decided to combine both.

 

 

 

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Ford and Webasto today reveal Mustang Lithium, an ultra-high-performance battery-electric Mustang fastback prototype. With more than 1,000 ft.-lbs. of torque and more than 900 horsepower instantaneously available, this Mustang amps muscle car performance to a new level and helps gauge the level of interest the next wave of performance customers have in lightning-quick performance that only fully electric powertrains can deliver.