Showing posts with label economic news. Show all posts
Showing posts with label economic news. Show all posts

Saturday, December 07, 2019

There’s Good News in the Bible, but also in the economic news

There's a lot of good news out there if only the liberal media would let you in on it. The U.S. Census Bureau’s latest report on income and poverty, which came out in October found real median family income up 1.2 percent from 2017 to 2018, real median earnings up 3.4 percent, the number of full-time, year-round workers increased by 2.3 million, and the poverty rate declined from 12.3 percent to 11.8 percent, with 1.4 million people leaving poverty. That's why Democrats want to impeach the President. The poverty and earnings report combined with the November jobs report could just signal that not as many people need the federal government, and for leftists, that's tragic news.

https://www.nationalreview.com/the-morning-jolt/the-world-is-getting-better-its-just-that-no-one-tells-you-about-it/

There are many items of good news in this article—from medicine to technology to environment.

Sunday, July 30, 2017

What has President Trump accomplished?

This is from the Facebook page of Dr. Jennifer Krawsczyn.  I don't know if she copied it from another source.  A few of the items were well under way under President Obama in my opinion, probably 5 years too late.  He presided over the slowest recovery in history, and for minorities and some professions, there is still no movement. For me, being pro-life, #1 was Gorsuch.  If Trump never accomplished anything else, it was enough to stop the socialist court from ruining the country and return it to its proper role.

"So what is going on Under a Trump Presidency after 6 months even with the push back, obstruction, and witch hunts of the deep state, the Dems, and the whole political insider system?? Let's see...

1. Supreme Court Judge Gorsuch supports Constitutional Law
2. 59 missiles dropped in Syria.
3. No longer in TPP
4. Illegal immigration is now down 70%( the lowest in 17 years)
5. Consumer confidence highest since 2000 at index 125.6
6. Mortgage applications for new homes rise to a 7 year high.
7. Arranged 20% Tariff on soft lumber from Canada.
8. Bids for border wall are well underway.
9. Pulled out of the lopsided Paris accord.
10. Keystone pipeline approved.
11. NATO allies boost spending by 4.3%
12. Allowing VA to terminate bad employees.
13. Allowing private healthcare choices for veterans.
14. More than 600,000 Jobs created
15. Median household income at a 7 year high.
16. The Stock Market is at the highest ever in its history.
17. China agreed to import American beef.
18. $89 Billion saved in regulation rollbacks.
19. Boosted energy independence.
20. MOAB for ISIS
21. Travel ban reinstated.
22. Executive order for religious freedom.
23. Jump started NASA
24. $600 million cut/saved from UN peacekeeping budget.
25. Targeting of MS13 gangs
26. Deporting violent illegal immigrants.
27. Signed 41 bills to date
28. Created a commission on child trafficking
29. Created a commission on voter fraud
30. Created a commission for opioids addiction.
31. Giving power to states to drug test unemployment recipients.
32. Unemployment lowest since May 2007.
33. Historic Black College University initiative
34. Women In Entrepreneurship Act
35. Created an office for illegal immigrant crime victims.
36. Reversed Dodd-Frank
37. Repealed DOT ruling which would have taken power away from local governments for infrastructure planning
38. Order to stop crime against law enforcement.
39. End of DAPA program.
40. Stopped companies from moving out of America.
41. Promoted businesses to create American Jobs.
42. Encouraged country to once again “Buy American” and hire American
43. Communicates directly to American people via Twitter without spin of hostile media
44. Cutting regulations - two for every one created.
45. Review of all trade agreements to make sure they are America First
46. Apprentice program
47. Highest manufacturing surge in 3 years.
48 $78 Billion promised Reinvestment FROM major businesses like Exxon, Bayer, Apple, SoftBank, Toyota...
49. Denied FBI a new building.
50. $700 million saved with F-35 renegotiation.
51. Saves $22 million by reducing white house payroll.
52. Department of Treasury reports a $182 billion surplus for April 2017 (2nd largest in history.)
53. Negotiated the release of 6 US humanitarian workers held captive in Egypt.
54. Gas prices lowest in more than 12 years.
55. Signed an Executive Order To Promote Energy Independence And Economic Growth
56. Has already accomplished more to stop government interference into people's lives than any President in the history of America.
57. President Trump has worked with Congress to pass more legislation in his first 100 days than any President since Truman.
58. Has given head executive of each branches 6 month time Frame dated march 15 2017, to trim the fat, restructure and improve efficiency of their branch.
59. And, last, there is the DEBT. Still way out there, butthe trend has reversed. What’s the difference between Presidents Trump and Obama? Approximately $1 Trillion! President Obama increased the US debt in his first 6 months by $1 Trillion more than President Trump! As of March, President Trump had decreased the US Debt since his inauguration by $103 Billion.


 And, with all the good news above, the draining of the SWAMP that is Washington DC is stalled.
Observe the pushback, the leaks and the lies as entrenched POWER refuses to go silently into that good night!"

Monday, July 22, 2013

Summer reruns

"The address Wednesday at Knox College in Galesburg, Ill., will be the first in a new series of economic speeches that White House aides say Obama intends to deliver over the next several weeks ahead of key budget deadlines in the fall." (HuffPo)

Except it won't be "new"--it will be the same speeches he gave before he was elected and during his first term. What can he say? Tax the rich more; pass more regulations; it's all the GOP's [Boehner] fault (the Bush meme got old); the children are hungry. It's the summer rerun season.

Friday, September 14, 2012

QE3

So what exactly is quantitative easing 3? (QE3) In layman's terms it is printing and distributing money right before the election to fool the American people.

“Historically, stocks have initially risen when the Fed has announced these programs only for the rally to run out of steam down the track.

Some economists believe the benefit to the economy will be modest this time, but fund managers are hopeful there will be a recovery in the housing market.

“QE3 is certainly a positive for markets in the short term [about the first week in November, I’m guessing ]” Financial Review (Australia)

Do you really want a president who will mortgage your grandchildren’s future for his election?

Wednesday, September 30, 2009

The media are kind to Obama

But they lie to us. Here's an example. "Mixed data reflect fragility of economic recovery" by Sara Murray, WSJ, Sept. 30, 2009

I realize she didn't write the headline, but the graphs don't exactly show a "recovery," more an occasional blip. In most of those cities, the home prices are still above 2000 levels, despite the dramatic drop beginning when the sub-prime mess revealed the folly of the constant government interference in the housing market by using it as a carrot for politicians of both parties and non-profits like ACORN to look good to low income people.

Only one city, Detroit, owned for decades by Democrats pushing wealth transfer, dropped below 2000 levels. The upticks recorded in July were tiny, with Minneapolis the best, Las Vegas the worst.

But back to "words matter."

I know I sound like a broken record, but if this article had been written during the Bush years, there would have been considerable differences.
    "Consumer confidence drops, despite a tiny rise in home prices in a few cities during July, underscoring the disastrous decisions of the Bush administration in how to lead us to a recovery."
I shouldn't provide Obama any hints, but if the media were as vigilant with him as they were with Bush, I think he would be ahead of the game with rising poll numbers instead of dropping. They could have been corrective. Just by telling the truth, which they didn't do during the Bush years.