The University of Michigan consumer sentiment index has hit its highest level in 15 years!
The strong Trump economy, accelerated by his administration’s tax reform is outweighing the drag from tariffs on China, explains James Freeman in The Wall Street Journal. He writes (abridged): Stocks are taking a beating today as consumers in both China and the U.S. face higher prices on a broad range of products. Thank goodness the […]
Real GDP growth so far in the Trump era has averaged 2.77% per quarter, while during the Obama/Biden era it averaged a sleepy 1.9%. Originally posted on Your Survival Guy.
“The U.S. economy is remarkably resilient when government doesn’t get in the way.” These are the words of The Wall Street Journal’s editorial board in describing the strong economic growth of the first quarter. The 3.2% real GDP growth surprised the financial community which had been preparing itself for far less. The board asks, “what […]
In the words of former Congressman Ron Paul, it is long past time to End the Fed. In the meantime, President Trump can assure Americans that the nation’s central bank is led ably by individuals who want the best for the country. I am enthusiastic about President Trump’s nomination of Stephen Moore to the Board of […]
According to the latest employment report from the National Federation of Independent Business, due out later today, U.S. businesses in March continued aggressively hiring, reports James Freeman in the WSJ. From NFIB Chief Economist William Dunkelberg: Job creation was solid in March with a net addition of 0.50 workers per firm (including those making no […]
Global growth and trade friction may cast a shadow over the economic horizon, but a report from the National Federation of Independent Business, shows U.S. small businesses went on an historic hiring binge in February: “Job creation broke the 45-year record in February … The previous record was 0.51 reached in May 1998.” “Readers can […]
Well, yes. Network news obsessed last week over the partial government shutdown, the Covington Catholic High School charade, and Mueller’s latest arrest. Yet, as Victor Davis Hanson, points out, there is much more to the news than what you get from BuzzFeed or from other non-stories. The idea that China systematically rigged trade laws and […]
The Editors at Investor’s Business Daily call it “The Deplorables Boom.” President Trump’s policies have helped create over 445,000 manufacturing jobs since he entered office. Let’s look at the numbers. Since Trump gained office, 4.4 million new jobs have been created. A big slice of that came from manufacturing. We were assured by any number […]
President Trump’s deregulation and tax cuts are working. Originally posted on Yoursurvivalguy.com.