By and large, Americans of all incomes will benefit from the Tax Cuts & Jobs Act that House Republicans have offered. But some by a lot more than others. That’s according to analysis done by Ernie Tedeschi, an economist in the Obama-era Treasury Department now at Evercore ISI. He used the Open Source Policy Center […]
For the Non-Rich, the Child Tax Credit Is the Key to Tax Reform…
The GOP’s Hidden 46% Tax Bracket…
How Harvey And Irma Will Slam The U.S. Economy: A Complete Walk Thru From BofA…
The Economy Minus Houston…
153,513,000: Record Number of Americans Employed in July…
The number of employed Americans hit a record high of 153,513,000 in July, according to the latest numbers released by the Bureau of Labor Statistics. There were 345,000 more Americans who gained employment over the month, and more individuals joined the labor force as well. There were 349,000 more Americans who joined the labor force […]
U.S. Created 209,000 Jobs in July, vs 183,000 Jobs Expected…
The U.S. economy continued a strong summer, adding 209,000 jobs in July while the unemployment rate fell to 4.3 percent, the lowest since March 2001, according to a government report Friday. Economists surveyed by Reuters had expected the report to show growth of 183,000; the unemployment rate met expectations. A more encompassing rate that…
Dollar Dipsy-Doodle – A Brief Ray of Light…
There are three ledgers that are kept for us in God’s economy: kindness, compassion, and love. Janet made hawkish noises to go along with the 25 bp interest rate increase today. I don’t think they will be raising rates much more this year, if the economy is doing as badly as the data and the […]
Fed Raises Rates…
Trump: Workers’ ‘Interests Were Pushed Aside for Global Projects,’ ‘My Administration Has Offered a New Vision’…
“For too long, American workers were forgotten by their government – and I mean totally forgotten. Their interests were pushed aside for global projects, and their wealth was taken from their communities and shipped across the world, all across the seas. My Administration has offered a new vision. The well-being of the American citizen and […]
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