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Keyword: trumpeconomy

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  • U.S. manufacturing so good factories are turning to high school students for labor

    12/04/2018 10:33:10 AM PST · by SleeperCatcher · 23 replies
    The National Sentinel ^ | 12/4/18 | USA Features
    Winning: On the campaign trail in 2016, then-GOP presidential candidate Donald Trump talked of renewing America’s manufacturing potential after decades of decline due to “horrible” trade deals like NAFTA that, he said, led to the loss of tens of thousands of jobs. After just two years, thanks to POTUS Trump’s economic policies of deregulation, tax relief, and other business-friendly measures, the U.S. economy is soaring and manufacturing, especially, is booming. In fact, as UPI notes, the manufacturing industry is expanding so fast factories are having difficulty finding enough workers to fill open positions.
  • Output Soars Even at U.S. Manufacturers That Make Stuff from Tariffed Steel and Aluminum

    11/16/2018 11:38:01 AM PST · by MaxistheBest · 25 replies
    Brietbart ^ | 11/16/2018 | John Carney
    Tariffs on steel and aluminum are not slowing down most American manufacturers that use the metals in production, defying forecasts that the higher duties would hit metals-using businesses hard. There have been many anecdotal reports of strains put on metals using business from the tariffs but the data do not support the idea that these are significant in aggregate. If anything, the tariffs have been accompanied by rising output and rising demand for productive capacity. Fabricated metals products output rose 0.2 percent in October, the third consecutive monthly gain, according to data released by the Federal Reserve Friday. For the...
  • The Dow jumps more than 250 points after Democrats take House, Republicans strengthen Senate...

    11/07/2018 7:53:29 AM PST · by Red Badger · 21 replies
    markets.businessinsider.com ^ | Nov. 7, 2018, 10:03 AM | Gina Heeb
    Stocks rose Wednesday following the 2018 midterm elections that shifted the balance of power in Washington, with Wall Street preparing for the possibility of legislative obstacles within a divided Congress. The Dow Jones Industrial Average jumped 1%, or more than 250 points, and the Nasdaq Composite rose 1.2%. The S&P 500 was up 1.1%. Democrats took control of the House early Wednesday morning, gaining more than 26 seats, while Republicans expanded their majority in the Senate. "In other words, certainty ruled the day," said Paul Eitelman, a strategist at Russell Investments. "Had the unlikelier scenario of a Democratic takeover of...
  • You don't have to give Trump the credit but his economy is soaring

    11/05/2018 4:45:27 AM PST · by calvincaspian · 21 replies
    The Boston Herald ^ | 11-05-2018 | Herald Staff
    The economy is roaring. On Friday the Bureau of Labor Statistics released the jobs report for October. It exceeded expectations. We are seeing the best wage growth since 2009, when we were crawling out of the recession. In October, 250,000 jobs were added to the economy. The unemployment rate held at 3.7 percent — its lowest level since 1969. The average hourly earnings increased at a 3.1 percent pace, year over year. That is the strongest wage growth since April 2009. More people are working than in any time in recent memory and employers are having trouble filling positions.
  • Republicans [Luntz, Norquist] fear they've blown economic message that could have secured victory

    11/04/2018 10:17:39 AM PST · by deplorableindc · 51 replies
    Washington Examiner ^ | Nov. 4, 2018
    For all the media fixation on the "lies" President Trump tells, sometimes he has an uncanny knack of telling the unvarnished truth. So it was on Friday night when Trump told those gathered at a West Virginia rally: "Sometimes it’s not as exciting to talk about the economy because we have a lot of other things to talk about." That unscripted line left some Republican strategists nodding in agreement and wondering about what might have been. Republicans are bracing for the loss of the House of Representatives with operatives citing the lack of a coherent economic message and unnecessary distractions...
  • Sunday Morning Talk Show Thread 4 November 2018

    11/04/2018 4:18:43 AM PST · by Alas Babylon! · 294 replies
    Various driveby media television networks ^ | 4 November 2018 | Various Self-Serving Politicians and Big Media Screaming Faces
    The Talk Shows November 4th, 2018 Guests to be interviewed today on major television talk shows: FOX NEWS SUNDAY (Fox Network): Secretary of State Mike Pompeo; Sen. Chris Van Hollen, D-Md; Sen. Thom Tillis, R-N.C. The panel will be Brit Hume, Juan Williams, Karl Rove and Marie Harf, co-host of “Benson and Harf” and former State Department spokesperson.. MEET THE PRESS (NBC): Stacey Abrams, Georgia Democratic gubernatorial candidate; Gov. Bill Haslam, R-Tenn.; Josh Hawley, Missouri attorney general and Republican Senate candidate; Van Hollen. A panel with Democratic pollster Cornell Belcher; Tom Brokaw of NBC News; Savannah Guthrie, co-anchor of “Today”...
  • For some, a vibrant US economy complicates voting decision

    11/03/2018 8:03:08 AM PDT · by Olog-hai · 45 replies
    Associated Press ^ | November 3, 2018 | Josh Boak
    For many voters in America’s affluent suburbs, a flourishing economy is forcing a thorny dilemma for the midterm elections. Do they vote Democratic, in part to protest President Donald Trump for behavior some see as divisive and unpresidential? Or do they back Republicans in hopes that the economy will continue thriving under the majority party? A healthy economy has at least complicated their decision and blurred the outcome of the midterm elections . On Friday, the government reported that employers added a robust 250,000 jobs in October. And the unemployment rate stayed at a five-decade low of 3.7 percent. […]...
  • Trump Says ‘Wages UP!’ as CEOs Compete for Workers

    11/03/2018 6:26:19 AM PDT · by Pollard · 4 replies
    breitbart ^ | 2 Nov 2018 | Neil Munro
    President Donald Trump cheered the rising wages being delivered to Americans by his combination of a high-pressure economy and his “Hire American!” policy. He Tweeted Friday morning: Wow! The U.S. added 250,000 Jobs in October … Unemployment at 3.7%. Wages UP! These are incredible numbers. Keep it going, Vote Republican! The good news came in the scheduled agency report about the October economy. Breitbart News reported: Wage growth, long considered the ‘missing ingredient’ to the economic expansion, has finally returned. Average hourly earnings climbed by five cents an hour for the month, or 83 cents year-over-year. That represents a 3.1 percent...
  • Truly excellent jobs report another sign Trumponomics works

    11/02/2018 7:48:36 PM PDT · by TBP · 9 replies
    New York Post ^ | November 2, 2018 | Post Editorial Board
    Wow: The last big jobs report before Election Day brought unadulterated excellent news. Year-over-year wage growth above 3 percent for the first time in nearly a decade. Payrolls adding 250,000 new jobs, well above expectations. Unemployment unchanged at 3.7 percent, a 49-year low — and the rate would have dropped, except that more people returned to the labor force. That last is huge, for two reasons: l  First, it means Americans who had given up hope of finding work are back in the fight. That’s a major plus for society. l  Second, it suggests that the nation isn’t up against...
  • Trump Creates The Most Amazing Jobs Report In American History

    11/03/2018 4:40:17 AM PDT · by EyesOfTX · 30 replies
    DB Daily Update ^ | David Blackmon
    Today’s Campaign Update (Because The Campaign Never Ends) Sitting here on a Saturday morning wondering when Oprah and Barack are going to go up to Michigan to campaign on behalf of the single most-qualified candidate for the U.S. senate running anywhere in this election. That would be John James, a black man, who is running against the execrable Debbie Stabenow, a white woman. Ok, silly me – James is a Republican, so he doesn’t qualify as being “black” in the world of Oprah and Barack. Speaking of America’s Biggest Mistake… – A day after the Oprah campaigned on behalf of...
  • 156,562,000: Record Employment for 12th Time Under Trump

    11/02/2018 6:44:09 AM PDT · by Freeport · 32 replies
    CNSNEWS ^ | November 2, 2018 | Susan Jones
    (CNSNews.com) - The economy is the second most important issue for registered voters as the midterm election nears, a new Gallup Poll says. And there was very good economic news on Friday, as the Labor Department's Bureau of Labor Statistics rolled out the October employment report -- the final one before next week's midterm election. The number of employed Americans has never been higher. The 156,562,000 Americans employed in October is the twefth record set under President Donald Trump. In October, the number of employed men age 20 and up -- 80,405,000 -- set the 12th record since Trump took...
  • Breaking: 250,000 jobs created in October versus 200,000 expected (vanity)

    11/02/2018 5:35:42 AM PDT · by God luvs America · 22 replies
    11/2/2018 | Me
    unemployment remains the same but: wages growth increasing at 3.1% annually U6 at 7% i did not hear the job participation rate...
  • Market is up massively since the Election, but is now taking a little pause - people want to see....

    10/30/2018 10:58:35 AM PDT · by SMGFan · 8 replies
    Real Donald Trump Twitter ^ | October 30, 2018 | President Donald Trump
    The Stock Market is up massively since the Election, but is now taking a little pause - people want to see what happens with the Midterms. If you want your Stocks to go down, I strongly suggest voting Democrat. They like the Venezuela financial model, High Taxes & Open Borders! 8:33 AM - 30 Oct 2018
  • Voters credit Trump over Obama for booming economy: poll

    10/31/2018 6:04:17 PM PDT · by yesthatjallen · 30 replies
    The Hill ^ | 10/31/18 | Michael Burke
    More voters credit President Trump than former President Obama for the current state of the economy, according to a new poll. The Harris Poll, conducted with Harvard University’s Center for American Political Studies, found that 47 percent of respondents said they believe President Trump is responsible for the current economy, compared to 21 percent who said they believe Obama is responsible. Among those surveyed, 15 percent said they think Republicans in Congress are responsible for the state of the economy, versus 10 percent who said the same of Democrats in Congress. Trump has frequently touted the success of the stock...
  • CNBC’s Jim Cramer: Maybe Fed Chair Powell Wants Trump To Lose

    10/30/2018 2:42:16 PM PDT · by Rusty0604 · 22 replies
    Breitbart ^ | 10/30/2018 | John Carney
    Popular CNBC personality Jim Cramer said Tuesday that Jerome Powell’s determination to keep raising interest rates may be a signal that the Fed chairman wants to undermine President Donald Trump’s agenda. “Maybe he wants Trump to lose,” Cramer said on the financial news networks’ “Squawk on the Street” program. Cramer has been saying for several weeks that the Fed should halt rate hikes after December. The Fed has hiked rates three times this year and is widely expected to hike rates again at its December meeting. The Fed’s projections show central bankers expect to keep raising rates in 2019.
  • Why the Left Hates Prosperity

    10/30/2018 7:02:05 AM PDT · by rickmichaels · 16 replies
    Townhall ^ | Oct. 30, 2018 | Stephen Moore
    Here is Moore's rule of modern-day politics: The better the economy performs under President Donald Trump and the more successes he racks up, the more unhinged the left becomes. It's a near linear relationship. And it goes for media as well. That's why the monthly jobs announcements and the quarterly GDP reports, like the one released Oct. 26, are the unhappiest days of the year for the Trump haters. News of 3.5 to 4 percent growth and 7 million surplus jobs are the bane of the resistance movement's existence. So with the economy flying high, the pundits who predicted Trump...
  • Democrats winning the Housewould 'be bad for the US market,' investor Mark Mobius says

    10/29/2018 9:29:08 AM PDT · by oblomov · 16 replies
    CNBC ^ | 29 Oct 2018 | Michael Sheetz
    Prominent investor Mark Mobius said Monday that he sees the recent correction deepening if Republicans lose control in Congress next week. "If, for example, the Democrats get control of the House, I believe this will be bad for the U.S. market," Mark Mobius, co-founder of Mobius Capital Partners, said in a Bloomberg TV interview. "So you will probably see more of a correction going forward in the U.S. market." From a technical investing perspective, Mobius said the market "looks very bad." All three major stock indexes are down sharply in October. The Dow Jones Industrial Average is down nearly 6...
  • Will The Real Economy Please Stand Up? Which Indicator to Believe, the Dow or the GDP?

    10/27/2018 6:17:21 PM PDT · by SeekAndFind · 57 replies
    IBD ^ | 10/27/2018
    As of right now, there are two different views of the economy: The stock market view, which for now is bearish, and the GDP view, which is bullish. Which one is right? And which one will the Federal Reserve believe? Stocks have been in a tailspin since early October. The Wilshire 5000 Total Market Index, which includes more than 3,700 stocks, has fallen by nearly 10% since the start of October — a net loss of $3 trillion in market value. It's a big hit for the economy to sustain. OK, but what about GDP? The nation's output of goods...
  • Trump boasts best first-term economy in 3 decades

    10/26/2018 12:05:12 PM PDT · by E. Pluribus Unum · 10 replies
    The Washington Times ^ | Updated: 2:39 p.m. on Friday, October 26, 2018 | Stephen Dinan
    President Trump will lead the GOP into the elections amid the best first-term economy in three decades. Real gross domestic product grew at an annualized rate of 3.5 percent in the last quarter, which ran from July through September, the government reported Friday. The last time a president had such a hot economy heading into the congressional elections in his first term was President Carter in 1978, who was sitting on a 4.1 percent growth rate. The country was in a recession in 1982, President Reagan’s first midterm, and was barely growing at less than 1 percent for President George...
  • The US economy grew at a 3.5% pace in the third quarter, faster than expected

    10/26/2018 6:11:14 AM PDT · by ScottinVA · 48 replies
    CNBC ^ | 26 October 2018 | Fred Imbert
    The U.S. economy grew at a faster-than-expected rate in the third quarter as inflation was kept in check and consumer spending surged, according to data released by the Commerce Department on Friday. Gross domestic product expanded by a 3.5 percent annual rate. Economists polled by Dow Jones expected the economy to expand by a 3.4 percent annual rate. The department said the PCE price index, a key measure of inflation, increased by 1.6 percent last quarter, much less than the 2.2 percent increase expected by economists polled by StreetAccount.