Take a look at Trump’s approval rating at fiftyplusone. I have two observations that seem worth sharing. First, Trump’s approval has steadily declined throughout his term. The decline is so steady that it is difficult to see the impact of particular events. Perhaps the steady decline reflects the sheer number of unpopular decisions Trump is […]
J.P. McJefferson Thoughts J.P. McJefferson Despite Justice Black’s warning, our governmental system has evolved to the point where major national policy can change dramatically every four or eight years with the stroke of a pen. America was founded in opposition to concentrated executive power. The Revolution itself was, in many ways, a rejection of rule […]
– by New Deal democrat I’ll get to housing permits and starts later this morning. But first, let me take my regular look at initial and continuing jobless claims. As a reminder, I look at jobless claims because historically they have been a very good short leading indicator for the economy. And they continue to […]
Trump appointee (2017) Jerome Powell has been relieved of his duty as the Chairman of the FED. Not sure if Trump could have fired him or not. Not sure why Jerome Powell took so much grief from Trump? Yet (or as far as I know) Powell intends to stay on the Fed Board. It will […]
Trump’s Immigration Enforcement Hurts All Workers “Unemployment has increased for U.S.-born workers in the face of mass deportations,” Economic Policy Institute During the 2024 campaign, Donald Trump and J.D. Vance stated mass deportations and a crackdown on immigration would open up more jobs for unemployed U.S. citizens. The removal of immigrant workers would cause opportunities […]
1 trillion dollars cut from healthcare for tax cuts and CMS Trump causes 3 or more million people to lose healthcare insurance. Snatching government assistance away from them is just a start. In case you did not know, the 3 million consisted of children. More cuts will come as healthcare is unsubsidized. Medicaid Cuts: The […]
President Donald Trump returned from the spectacle of a Chinese state visit to a less than welcoming U.S. economy . . . with the military band and garden tour in Beijing giving way to pressure over how to fix America’s escalating inflation rate. I would be curious as to what the Chinese thought of the […]
– by New Deal democrat The bond market is sending the T—-p Administration, and the US government as a whole, a message. It believes the US is in a secular inflationary trend. This is not only because T—-p’s tariffs, and his boneheaded war with Iran, are inflationary, but also because last year’s Big Budget Bust-out […]
Biden passed a strong economy over to Trump. A few things Biden passed on to Trump is due to a strong economy: – Inflation was tamed without a recession. – Workers benefited from a strong labor market in years – Households, especially those limited by prior barriers, saw substantial wealth gains. Americans faced significant price […]
Continual progression of Going to War with the Latest (original title below). It is difficult to describe what this administration is doing. Just watching, they are dismantling many of the past programs and doctrine to provide a different view for domestic needs. The military is being given a significant boost in funding and power. And […]