Home >> Tag Archives: Economy

Tag Archives: Economy

New Obama regulations could make cars unaffordable for millions

Will Hillary Clinton damage 2016 presidential run with Benghazi attack cover up Congressional committee testimony

At the end of last month, the Obama administration announced that manufacturers would be required to build cars with much higher average fuel economy ratings, but at what cost? The Obama Administration today finalized groundbreaking standards that will increase fuel economy to the equivalent of 54.5 mpg for cars and light-duty trucks by Model Year 2025. According to the American ...

Read More »

New Trump Ad – Two Americas: Economy [Video]

HIllary will crush middle class

Donald Trump’s campaign unleashed a $10 million ad spend to get this message out in battleground states. The ad focuses on differences between Hillary’s plans for Americans and Trump’s. The 30-second ad is airing in North Carolina, Ohio, Florida, Pennsylvania, Iowa, New Hampshire, Virginia, Colorado and Nevada.

Read More »

China vs. The United States – A Tale of Two Economies

china-us-tale-of-two-economies2

Nothing shows data like an infographic and with Republican candidate Donald Trump shining a light on U.S./China trade disparities … here’s just that infographic. Courtesy of: Visual Capitalist

Read More »

NYT: Americans not appreciating Obama’s economic achievements

Obamacare recession

The New York Times is well-known to be little more than a Democrat ‘office of propaganda’ and this week, it’s working to change American’s perceptions of Obama’s “success” in saving the economy. the U.S. economy is in much better shape than the public appreciates, especially when measured against the depths of the financial crisis and the possibility — now rarely ...

Read More »

A Leftist and Her Money Are Soon Parted

Instead-of-going-to-Starbucks---lol

San Francisco leftists have once again decided to inflict another socialist utopia on an unsuspecting South American nation. What’s more, just like at Jonestown, a popular liquid is playing a prominent role. This time instead of a male heretic imposing a fanatical religion, we have two women, Helen Russell and Brooke McDonnell, doing orthodox socialist missionary work. The ladies are ...

Read More »

Hail to the Chief?

Obama_emperor

Unfortunately, I couldn’t listen to the State of the Union speech live because my national radio show (self-plug there) started when he did. I did, however, go back and listen several times (I couldn’t believe what I was hearing) and found very little truth or fact in his speech. At times, it even sounded like he was running for office ...

Read More »

Federal Reserve interest rate decision announced

Audit the Fed - HR 459

The U.S. Federal Reserves’ Open Market Committee (FOMC) has announced the decision to keep interest rates at 0%. The FOMC cited concerns over global economic conditions as the primary reason for not raising rates. The FOMC doesn’t directly affect all interest rates in the American economy. Instead, “the Fed” sets the overnight rate which banks use to charge interest for ...

Read More »

Wholesale inventories up, sales and consumer data disappoint

969eobama-sad-frown-16

Wholesale numbers and credit card data don’t look so good “unexpectedly”. Expectations were for a .3% growth in inventories and a .6% increase in sales for the just released May numbers. Instead, inventories grew .8% and sales only saw a .3% rise. Along with weak sales data at the wholesale level, Bank of America card data shows that American consumers shut down ...

Read More »

U.S. Jobless claims rise most since February

The top line jobless claims number rose above estimates and to the highest level since February, but that’s not the most disturbing news. Digging into the numbers, it appears that more people are suddenly having to find work (initial claims) and they are finding that it is taking longer than previously to get a job (continuing claims.) Jobless claims jumped to ...

Read More »

What We Need From Our Next President

GrowthInPerCapitaGDP80sVsCurrent

As the pool of aspiring presidential candidates grows by the day, one can’t help but hope that the electorate’s appetite for economic improvement under a term or two of a new president will likewise increase. After eight years of burgeoning government hegemony, diminution of personal liberty, assault on the free enterprise system and middle class family incomes, the last thing ...

Read More »

Wholesale Inventories and Sales Miss Expectations

The Commerce Department reported today that wholesale inventory growth is slowing and that wholesale sales have dropped yet again. Wholesalers are the folks that sell stuff to the retailers that sell stuff to every day Americans. When consumers buy more stuff, retailers buy more stuff from wholesalers and the wholesalers then buy more stuff and increase their inventories – that’s not ...

Read More »

Americans Lose Hope for Economic Rebound

consumer confidence

A new Gallup survey shows that consumers are losing confidence in the economy at an accelerating rate. Gallup’s U.S. Economic Confidence Index was -9 for the week ending May 3 — its lowest weekly score since December. This reflects a six-point decline from the previous week, and is the largest week-to-week drop since last July. The survey looks at how people ...

Read More »

Bank Card Defaults Soar to Five Year High

Credit cards

Released today, the S&P/Experian Consumer Credit Default Indices showed the largest two-month increase in the rate at which consumers are defaulting on credit card debt since 2010. The bank card default rate increased 15 basis points to 2.99% following an increase of 23 basis points in February, the largest two month increase since April 2010. Slowing retail sales in March, lackluster ...

Read More »

HuffPuff Propagandizes a FOX Reality

Unemployed

I go through the headlines and news stories in over one-hundred publications daily. I do this so that I can view multiple sources on some of the same stories. Doing this allows me to formulate what is fact and what is disingenuous spin; propaganda meant to trick the public into thinking one way instead of another. Make no mistake, both ...

Read More »

What today’s economic news tells us about the ‘recovery’

Wal-mart misses on sales and earnings

Listening to the President, his administration, some in Congress and several news reports, many would say the economy is recovering slowly but gaining traction. Seeing the economic data released today may reveal a somewhat more real reality. The unemployment figures released this morning seem promising, but only in a vacuum. Claims dropped 24,000 to a seasonally-adjusted 297,000 for May. What the ...

Read More »