The United States “dethroned” Hong Kong this week to take the top spot as the World’s most competitive economy; further signaling a robust US recovery under President Trump and the recently passed GOP tax cuts. “The U.S. dethroned Hong Kong to retake first place among the world’s most competitive economies, thanks to faster economic growth […]
Understanding Phase II of the U.S. -vs- China Trade Confrontation….
President Trump has moved into Phase II of the U.S./China confrontation. Part of that confrontation is to use the inherent weakness of the Chinese economy against them. To understand the weakness is to understand the China ‘One-Belt / ‘One-World‘ economic trade strategy. Here’s an outline of the economic battle-space we are witnessing. People often talk […]
Here Is the Full List of U.S. Products That Will Be Hit With New Chinese Tariffs…
MAGAnomics: Jobs, Jobs, Jobs July Report – Private Employment +170,000, Government Employment -13,000, Net: +157,000…
The Bureau of Labor Statistics (BLS) released the July 2018 employment report today (full pdf with tables below) highlighting continued growth in jobs. Overall private employment gained 170,000 jobs, while government employment decreased 13,000 jobs for a net gain of 156,000 new jobs. The BLS unemployment rate dropped to 3.9%. [*Note this footnote: “The change […]
Here Is the Real Problem Deep Inside the Jobs Report…
Federal Judge Rules Trump Administration Must Fully Restart the DACA Program…
A federal judge ruled on Friday afternoon that the Trump administration must restart the Deferred Action for Childhood Arrivals (DACA) program. Judge John Bates stated in his opinion that the Trump administration failed to provide sufficient justification for ending President Obama’s program. The program itself provides temporary opportunities for children who were brought into the […]
How Spygate Is Turning Democrats Like Me Against Our Party…
I don’t much like Donald Trump and didn’t vote for him (or Hillary) in 2016, but I’ve been feeling sorry for him for about 18 months now. It feels strange feeling sorry for someone who’s a boor, a narcissist, an egomaniac, and a serial philanderer, plus the 37 other negative traits usually used to describe […]
Grassley: Sessions Should ‘Stay out of’ Criminal Justice Debate After I Helped Him Keep His Job…Ouch!!!
Sen. Chuck Grassley (R-Iowa) warned Attorney General Jeff Sessions on Thursday to stay out of negotiations on criminal justice reform legislation because he helped stop President Trump from firing him. “With all that I have done to help Sessions, to keep the president from firing him, I think Sessions ought to stay out of it,” […]
Keeping Funds from Sanctuary Cities Is Illegal, 9th Circuit Rules…
The Ninth Circuit handed the Trump administration a legal defeat Wednesday, ruling the Justice Department does not have the authority to withhold federal grant money from sanctuary cities. A three-judge panel said the fundamental separation of powers enshrined in the U.S. Constitution bars the executive branch from refusing to disburse grants without explicit permission from […]
ADP Private Payrolls: 219,000 Jobs Gained, 23,000 More Manufacturing Jobs…
The ADP national employment report is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of companies served by ADP. The report measures approximately 24 million U.S. workers along with employment trends in collaboration with Moody’s Analytics. For July 2018, ADP has calculated payroll increases of […]
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