posted 01-06-2018 10:25 AM                  

quote:

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Originally posted by garysss:
Even I could do that with all one's. LOL

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posted 01-06-2018 10:59 PM                  

Trump keeps his promise: Blacks and Hispanics do better with him than Obama

By Justin Haskins | Fox News

Democratic warnings that President Trump would make life worse for minorities were discredited once again Friday, with the release of new unemployment statistics for December. In just under one year in office, the president and the Republican Congress have helped minorities make dramatic gains.

Since taking the reins from President Obama, President Trump and the GOP-controlled Congress have embraced free-market and pro-liberty economic policies. Now – after a year of reducing regulations, approving a tax cut, and encouraging stricter standards for numerous welfare programs at the state level – the economy is thriving. Working-age minorities are benefitting in ways they have rarely, if ever, have enjoyed in the modern era.

The U.S. Labor Department reported Friday that the unemployment rate for African-Americans fell to 6.8 percent in December – the lowest rate since recordkeeping began in 1972. That’s an astounding drop from the 8.3 percent black unemployment rate in October 2016, just before Donald Trump was elected president.

Hispanic unemployment was at a near-record low of 4.9 percent in December – down from 5.7 percent the month before the election of President Trump. Additionally, there were four months in 2017 in which the Hispanic seasonal unemployment fell below 5 percent – the only time that has occurred in a single year over the past 44 years.

Asian-Americans, the demographic group that typically has the lowest unemployment rate, enjoyed a 2.5 percent unemployment rate in December – the lowest figure since 2006.

The overall U.S. unemployment rate in December was 4.1 percent, matching the lowest level in 17 years – down from 4.9 percent in October 2016.

In addition to putting more Americans to work, President Trump’s economic and job-creation policies are creating once-in-a-lifetime economic opportunities.

The Trump-era economic gains are allowing more and more families to move off welfare rolls and enjoy self-sufficiency and the pride that comes with regular work.

Under the Obama administration, welfare programs were expanded dramatically. Many policies that have a proven record of keeping people from getting trapped in a cycle of poverty – such as work requirements and time limits for working-age able-bodied people collecting government assistance – were temporarily removed or watered down. This disproportionately affected blacks and Hispanics, especially in lower-income urban regions.

The economic gains made because of the Trump administration’s policies, coupled with states’ efforts to improve welfare programs, have had the opposite effect.

For instance, from October 2015 to October 2016, enrollment in Medicaid and the Children’s Health Insurance Program (CHIP) expanded by 2.9 million people, to 74.7 million. The Centers for Medicare and Medicaid Services reported, thanks in large part to the Affordable Care Act’s Medicaid expansion provisions, that Medicaid rolls increased by 37.8 percent from September 2013 to November 2016. But in what can only be described as a remarkable turnaround, preliminary Medicaid data for October 2017 (the most recent period available), show Medicaid enrollment fell by about 500,000.

Food stamp rolls also experienced a significant decrease. The U.S. Department of Agriculture reports total enrollment declined by 2.7 percent nationally from September 2016 to September 2017, with enrollment increasing in only six states.

Supporters of President Obama might attempt to argue that these incredible economic achievements should be credited to him, not to President Trump. But that would be wishful thinking without a basis in fact.

The truth is that although the economy has been slowly improving for several years, the rate at which the economy has experienced gains increased rapidly once President Trump was elected. It doesn’t take a genius or a mathematician to understand why.

Unlike the Obama administration, which added more than 20,000 new regulations over eight years, President Trump has slashed unneeded regulations, freeing up businesses to operate without the burden of an overbearing national government.

“Within the first 11 months, we canceled or delayed over 1,500 planned regulatory actions, more than any previous president, by far,” President Trump said in December. “And you see the results, when you look at the stock market, the results of companies, and when you see companies coming back into our country.”

The Trump administration says its cut in regulations will amount to a savings of $8.1 billion in net regulatory costs. Business can use a big chunk of those savings to create yet more jobs.

In addition to reducing regulatory burdens, President Trump approved the Dakota Access and Keystone XL oil pipelines; announced plans to auction off oil and natural gas drilling leases to roughly 77 million acres in the Gulf of Mexico; stopped President Obama’s war on the coal industry; and signed one of the largest tax cuts in American history, which has already led to major corporations such as AT&T, Boeing, and Southwest Airlines giving huge bonuses to hundreds of thousands of employees.

And on Thursday the Trump administration announced yet another move to create jobs and strengthen our economy – an expansion of offshore drilling for oil and natural gas to almost all U.S. coastal waters. This will also make our nation less dependent on imported oil and gas and reduce our trade deficit with other nations.

All these policies – along with promises from President Trump and congressional Republicans to do even more in the coming months – have catalyzed America’s previously sluggish economy. Minority groups are some of the nation’s biggest winners.

[URL=http://www.foxnews.com/opinion/2018/01/06/trump-keeps-his-promise-blacks-and-hispanics-do-better-with-him-than-obama.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Fe ed%3A]http://www.foxnews.com/opinion/2018/01/06/trump-keeps-his-promise-blacks-and-hispanics-do-better-with-him-than-obama.html?utm_source=feedburner&utm_medium=feed&utm_campaign=F eed%3A[/URL] +foxnews%2Fmost-popular+%28Internal+-+Most+Popular+Content%29

posted 01-08-2018 10:14 PM                  

Trump will bring global recession

The economic fallout of a Donald Trump presidency will probably be severe and widespread enough to plunge the world into recession, New York Times columnist Paul Krugman warned in a New York Times opinion piece published early Wednesday.

Calling Trump the "mother of all adverse effects," the Nobel Prize-winning economist predicted that the GOP nominee's administration could quickly undo the progress that the markets around the world have made in the eight years since the financial crisis.

"Under any circumstances, putting an irresponsible, ignorant man who takes his advice from all the wrong people in charge of the nation with the world's most important economy would be very bad news," he wrote. "What makes it especially bad right now, however, is the fundamentally fragile state much of the world is still in."

Krugman's pessimistic view comes in the wake of a more than 800-point plunge in U.S. stock futures that coincided with Trump's increasingly strong showing in the polls. Trump has repeatedly attacked the Federal Reserve, accusing Chairwoman Janet Yellen of keeping interest rates low in a bid to help the economy and get Hillary Clinton elected.

posted 01-09-2018 11:46 AM                  

quote:

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Originally posted by garysss:
He can't admit anything good about Trump. It was going to be Trump's fault for World Receession, but Trump has nothing to do with good economy.
http://www.businessinsider.com/paul-krugman-trump-stock-market-2017-12

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After watching that video, I'm thinking that the bar for winning a Nobel Prize is pretty low!
What exactly did Barack do for his?

posted 01-09-2018 12:01 PM                  

TDS

In the first stage of the disease, victims lose all sense of proportion.

The mid-level stages of TDS have a profound effect on the victim’s vocabulary: Sufferers speak a distinctive language consisting solely of hyperbole.

As TDS progresses, the afflicted lose the ability to distinguish fantasy from reality.

In the advanced stages of the disease, the afflicted lose touch with reality. Opinion is unmoored from fact. Life resembles a dark fairy tale in which the villain – Trump – is an amalgam of all the worst tyrants in history, past and present, while the heroes –Trump’s critics –
are akin to the resistance fighters of World War II.

If you ask a TDS victim what might help them feel better, they’ll use the word “normalize.” As in, we mustn’t “normalize” Trump. What they’re really saying is that normal means of dealing with him aren’t enough. Which raises the question: If he’s another Hitler, if he’s in league with Putin, then why is assassination out of the question? Poke a TDS victim and you’ll find they don’t think that “solution” is out of the question at all.

This is the final stage of the TDS epidemic: violence against a democratically elected leader. Unless a cure for TDS is found, this is where we are headed.

http://www.latimes.com/opinion/op-ed/la-oe-raimondo-trump-derangement-syndro me-20161226-story.html

Trump Derangement Syndrome

A mental dysfunction causing those detractors with hateful thoughts and feelings about Donald Trump to go unhinged.

The great thing about Donald Trump becoming the next President of the United States is a lot of those establishment folks who suffer Trump Derangement Syndrome will go insane.

Trump Derangement Syndrome

A condition of hysteria, anger, and fear of Donald Trump as a result of a failure by the afflicted to avail themselves of alternative media sources to combat the misrepresentations and often outright lies of the leftist media.

I keep asking him for examples of actions or actual statements by Trump that prove him to be some "evil incarnate" but due to a sever case of Trump Derangement Syndrome he just keeps chanting he's a racist, a misogynist, he has his finger on the bomb, we're doomed, America is over....

posted 01-10-2018 08:42 PM                  

I guess we will never get an answer. He seems to have checked out of the Hotel California. lol

He might just be on vacation, of course.

posted 01-17-2018 01:30 PM                  

Apple announces plans to repatriate billions in overseas cash, says it will contribute $350 billion to the US economy over the next 5 years

•Apple says the new tax law will help it will contribute $350 billion to the U.S. economy over the next five years.
•It says it will create 20,000 new jobs and open a new campus.
•Apple expects to pay about $38 billion in taxes for the horde of cash it plans to bring back to the United States.

posted 01-18-2018 11:08 AM                  

http://www.bloomberg.com/news/articles/2018-01-18/jobless-claims-in-u-s-plunge-to-lowest-weekly-tally-since-1973

U.S. filings for unemployment benefits plummeted to the lowest level in almost 45 years in a sign the job market will tighten further in 2018, Labor Department figures showed Thursday.

By
Katia Dmitrieva

ýJanuaryý ý18ý, ý2018ý ý8ý:ý30ý ýAM Updated on ýJanuaryý ý18ý, ý2018ý ý9ý:ý20ý ýAM

Highlights of Jobless Claims (Week Ended Jan. 13)

•Jobless claims decreased by 41k to 220k (est. 249k); lowest level since Feb. 1973, biggest drop since April 2009
•Continuing claims rose by 76k to 1.952m in week ended Jan. 6 (data reported with one-week lag)
•Four-week average of initial claims, a less-volatile measure than the weekly figure, fell to 244,500 from the prior week’s 250,750

Key Takeaways

The drop in claims shows that companies are increasingly holding on to their employees amid a shortage of skilled labor. Businesses are struggling to find workers to fill positions, particularly in manufacturing and construction, as cited in some anecdotes for the Federal Reserve’s Beige Book released Wednesday.

The figures suggest the unemployment rate of 4.1 percent, already the lowest since 2000, could be poised to decline further. The latest week for claims includes the 12th of the month, which is the reference period for the Labor Department’s monthly employment surveys.

Caveats for the latest numbers include the fact that the week was sandwiched between two periods containing holidays, when data tend to be more volatile. In addition, more states than usual had estimated figures.

Other Details

•Prior week’s reading was unrevised at 261,000
•Unemployment rate among people eligible for benefits rose to 1.4 percent from 1.3 percent in previous week
•Claims were estimated for Arkansas, California, Hawaii, Kentucky, Maine, Puerto Rico, Virginia, Wyoming
•New York’s unadjusted claims fell by 26,190 to 23,171; California’s estimated, unadjusted claims rose by 11,994 to 59,284

posted 01-18-2018 11:17 AM                  

While the media spent 90% of the time focused on negative coverage or fake news, the President has been getting results:

1. The economy has created nearly 2 million jobs and gained over $8 trillion in wealth since the President’s inauguration.

2. African Americans and Hispanics are enjoying the lowest unemployment rate in recorded history.

3. The President signed historic tax cuts and relief for hardworking Americans not seen since President Reagan.

4. President Trump’s plan to cut regulations has exceeded “2 out for every 1 in” mandate, issuing 22 deregulatory actions for every one new regulatory action.

5. The President has unleashed an American energy boom by ending Obama-era regulations, approving the Keystone pipeline, auctioning off millions of new acres for energy exploration, and opening up ANWR.

6. ISIS is in retreat, having been crushed in Iraq and Syria.

7. President Trump followed through on his promise to recognize Jerusalem as the capital of the State of Israel and instructed the State Department to begin to relocate the Embassy.

8. With President Trump’s encouragement, more member nations are paying their fair share for the common defense in the NATO alliance.

9. Signed the Veterans Accountability and Whistleblower Protection Act to allow senior officials in the VA to fire failing employees and establishes safeguards to protect whistleblowers.

10. President Trump kept his promise and appointed Associate Justice Neil Gorsuch to the U.S. Supreme Court.

posted 01-18-2018 10:31 PM                  

http://www.cnbc.com/2018/01/18/the-dows-31-percent-gain-during-trumps-first-year-is-the-best-since-fdr.html

posted 01-25-2018 04:34 PM                  

quote:

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Originally posted by ed monahan:
The media does not seem to be even slightly impressed by one of the truly newsworthy stories that has sustainability.
Sometimes I don't think they like Trump.

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