Tag: Trade War

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Making It Rain

Good news for American workers this week as new data shows wages grew at the fastest pace in a decade…https://on.wsj.com/2Kg4P3h U.S. workers received their biggest pay increases in nearly a decade over the 12 months through June, a sign the strong labor market is boosting wages as employers compete for scarcer workers. The Labor Department’s...

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Trump’s First Bailout

I hope this makes the baby book, it’s Trump’s first bailout… The U.S. Agriculture Department announced Tuesday a $12 billion package of emergency aid for farmers caught in the midst of President Trump’s escalating trade war the latest sign that growing tensions between the United States and other countries will not end soon. Trump ordered...

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The Biggest Debt Bomb of All

Last week it was reported that the White House is projecting a trillion dollar budget deficit for 2019… In an annual budget review, the White House’s Office of Management and Budget (OMB) estimated that new legislation enacted since the release of its February budget — alongside new projections on other spending and receipts — would add $101 billion...

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The Stronger Dollar

I’m old enough to remember when Republicans use to complain about Obama devaluing the dollar.  Now the GOP is complaining the dollar is too strong… “China, the European Union and others have been manipulating their currencies and interest rates lower, while the U.S. is raising rates while the dollars gets stronger and stronger with each passing day...

Roy Cooper is…right?
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Roy Cooper is…right?

I will never forgive President Donald Trump for this.  He is making me agree with Governor Roy *shiver* Cooper In a letter to the Republican president, Democrat Cooper said escalating tariffs have already damaged the state’s pork and tobacco farms, and that manufacturers could suffer from rising steel and aluminum prices. “While North Carolinians support...