the Economy
Encouraging news for Trump haters
Opponents of President Trump define themselves as being more compassionate than the president. Maybe they’re right. Setting aside their plans for higher minimum wages, higher taxes, and higher abortion rates, these empathetic enemies of the economic ennui among working class Americans that so defined the Obama years have got to be cheering the good…
Read MoreHong Kong vs. Cuba: a stark contrast
By Tom Quiner In light of the Democratic Party’s embrace of socialism, it is worth contrasting its effectiveness when compared to free enterprise using real world examples. A perfect comparison is Cuba vs. Hong Kong. In 1961, Cuba embraced unabashed socialism while Hong Kong embraced unabashed capitalism. Interestingly, Cuba owns some nice assets, such as…
Read MoreSocialism has been tried and failed. It transformed the 20th century into the bloodiest century in human history. You must be devoid of critical thinking skills if you want to go back.
Iowa abortions contribute to the Iowa worker shortage
By Iowans for Life Yesterday’s Wall Street Journal ran with the headline: “Iowa’s Labor Plight: Too Many Jobs.” They ran with the wrong lede. The correct headline should have been: “Iowa’s Labor Plight: Worker Shortage.” The article points out that Iowa’s unemployment has dropped to an astounding 2.9%. Manufacturers in particular cannot find enough people…
Read MoreMore good news from the Trump presidency
This is great news
The unemployment continues to fall. Tariffs will reverse the trend.
The February jobs report just came out, and it totally exceeded expectations with the news that 313,000 new non-farm jobs were created. Economists expected only 200,000.
As you can see in the chart above, the unemployment rate has dropped to about as low as it can get at four percent. This is good stuff.
Read MoreDonald Trump doesn’t learn from history
Key Trump rust belt states, such as Ohio, Pennsylvania, Michigan, and West Virginia lost jobs last time we imposed these types of tariffs.
Will they stick with Republicans next go ’round if they’re back in the unemployment line? Tariffs are tax increases and job killers for working class American families. You know, Trump voters.
Read MoreTrump’s tariffs will hurt more people than they help
“It’s the economy, stupid”
The economy grew an average of just 2% a year under Barack Obama. This was about a point less than our historic post World War II average.
The Left dismissed the anemic results as the “new normal.”
It looks as if the ‘new normal’ is history. Under President Trump, the economy has grown an average of 3% each of the past two quarters. In addition, Standard & Poor’s Dow Jones average has grown 20% since Mr. Trump’s election a year ago.
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