Articles tagged as

Economy

Kevin Hassett: No, This Is Not Obama’s Economy

Mr. Obama came out the other day to bash Mr. Trump for being a miserable president, then took credit for how good things are during the Trump Presidency.

No one on the left seems willing to make that challenge nor are they getting up and shouting all that much about how all their prognostications about the end of the world – should we cut taxes and regulations, or just elect Trump -have not only failed to come true, the opposite has happened.

The economy is booming, and it’s not because of Obama or any Democrat and here’s a guy to make that case.

Read more

Data Point – U.S. Workers Report Highest Job Satisfaction Since 2005

Just more than half of U.S. workers—51%—said they were satisfied with their jobs in 2017, the highest level since 2005, according to a new report from The Conference Board, a business-research group. Over the past seven years, Americans report feeling better about their pay along with a greater sense of job security, both features of an … Read more

Data Point – I hope this doesn’t continue on this slope

U.S. consumer spending extended gains into July and inflation rose to a six-year high, reflecting economic strength that should keep Federal Reserve policy makers on track to keep gradually raising interest rates. Purchases, which account for about 70 percent of the economy, rose 0.4 percent from the prior month for the second straight time, matching … Read more

Data Point – 2nd Quarter GDP revised upwards

Economists expect growth to slow to a still solid 3 percent annual rate the rest of the year, resulting in full-year growth of 3 percent for 2018. It would be the best performance since 2005, two years before the Great Recession began. The 4.2 percent annual growth that the government estimated for last quarter is the … Read more

Another Unemployment Number Hits an Historic Low

Mr. Trump’s economy continues to make history. Black unemployment hit a historic low in May. Hispanic unemployment hit a historic low in June. Now, the Bureau of labor statistics says that Youth summer-unemployment hit a 52-year low in July, 2018.

The Bureau of Labor Statistics reported Thursday that the unemployment rate for 16 to 24 year olds had dropped to 9.2% in July, from 9.6% in July of 2018. That marks the lowest summer youth unemployment rate since 1966.

The Hate-Trump media is leaning heavily on one caveat, but in my opinion, that’s not going to work in their Trump-hating favor.

Read more

Data Point – Retail sales indicating a much more robust economy?

Retail sales—a measure of spending at U.S. stores, websites and restaurants—rose a seasonally adjusted 0.5% in July from the prior month, the Commerce Department said Wednesday. That was well ahead of economists’ forecasts for a 0.1% increase. Compared with a year earlier, they grew 6.4% in July. That’s more than double the pace of inflation, which increased 2.9% in the year to July, as measured by the Labor Department’s consumer-price index.

Robust hiring and low unemployment mean more households have income to spend.

Read more

Trump Keeps ‘Winning’

It looks like the economy has managed to push aside the smothering pillow of Obamanomics.

The Commerce Department reported Friday that the economy grew at a pace of 4.1 percent in the second quarter, propelled by consumer spending in another win for Mr. Trump’s policies of lower taxes and fewer regulations.

The growth was the fastest since 2014, following first-quarter growth of 2.2 percent that was revised up from 2 percent.

The suffocating “cultural” blanket of Obamanomics is wearing thin as well.

Read more

The Marchand & Molly Show Got Nothing to Say About Record NH Employment

Marchand and MollyLast month we reported on New Hampshire breaking new ground on both employment and labor participation in May. June was even better.

Seasonally adjusted estimates for June 2018 placed the number of employed residents at 735,730, an increase of 2,540 from the previous month and an increase of 9,020 from June 2017.

I can’t seem to find any comment from Democrat Gubernatorial candidates Steve Marchand or Molly Kelly about this continued climb into record employment and robust labor force participation absent their apothecary’s inventory of socialist curatives.

Read more

We Stopped Talking About Offshoring Because Trump’s Tax Cuts Made On-shoring a Better Investment.

taxesRemember the Panama Papers? The April 2016 scandal exposed shell corporations, anonymous owners, and the practice of keeping corporate profits offshore to avoid high taxes. All perfectly legal. But it set the left into a tizzy (because it doesn’t take much) whose head-spin produced calls for national registries of company owners and all sort of new laws regarding transparency.

The real goal of government intervention while sold as consumer protection or crime-fighting was to figure out how State’s might profit by taxing that “hidden wealth.”

Read more

New Hampshire Economy Sets Records for Employment and Labor Force Participation

Economy money growthLast week some Democrat stooge was on the radio badmouthing Governor Sununu on the economy and workers and families and wages (insert dancing donkey in a top hat), but she did it without actually saying anything. It was all empty rhetoric. Palm card pablum.

Yes, I have plenty of issues with Chris Sununu’s “priorities.” I have problems with State Republican Leadership’s priorities. But for all the goofy things they focused on this past Session they managed to not get in the way of the State’s economy.

An economy that has entered record-setting territory.

Read more

Data Point – “it’s the economy, stupid”

Rising Economy

…Americans love such tales in which the downtrodden succeed, and underdog stories make for great cinema. In real life right now, a lot of economic underdogs in America are growing into a prosperity they did not think possible just a few years ago. Simply put, it’s time for the little guys, the underdogs, to shine. For example, while government dependency expanded massively during the slow growth of the last decade since the Inauguration of Donald Trump almost 2 million people have dropped off of food stamps.

Read more

GrokTALK! – Meet Gov. Boon Doggle

Maggs Hassan signed the Boondoggle bill this week, establishing a culture of taxpayer backed greed amongst the elected class–and anyone looking for a few bucks to tie a boon to a doggle.  

Share to...
BufferCopyFlipboardHacker NewsLineLinkedInMastodonMessengerMixPinterestPrintRedditSMSTelegramTumblrVKWhatsAppXingYummly