American manufacturing is barely holding on to fading growth.
Category - Economy
The Trump Regime May Cut Poverty With Asterisks
The White House wants to purge people from the rolls with an accounting trick.
Farm Income Dropped Off a Cliff in the First Quarter
Trump's bailout for farmers was wiped out in just three months.
Unusual Circumstances Lead to Dubious Economic Growth
Inventories piled up in the first quarter because no one is buying anything.
The Deficit Exploded in the First Quarter
The deficit jumped by almost 80 percent in the one quarter.
Personal Incomes Are Falling Again
And a recent jump in wages was attributed to dividend payments.
Farm Loan Demand Reaches “Historically High” Level
The good news (I guess?) is that farm land itself is still relatively valuable.
Economists Lower Long Term Growth Forecasts
Economists say growth in 2018 was the highest it will ever be under Trump.
Trump’s Solar Tariffs Cost Almost 20,000 Jobs
It's comparable to destroying over a third of all coal mining jobs.
Retail Sales Plummet, Economic Growth Seen Slowing
Holiday sales plummeted and forecasts are being adjusted accordingly.
Tax Cuts Send Deficit Soaring in First Quarter
The deficit increased by almost 42 percent compared to last year.
Average Farm Income is Now Negative
Over half of Americans farms actually lost money in 2018.
American Farms Are Finally Great Again
American farm income is at its lowest level in 15 years.
Foxconn Spins Their Decision to Cancel Their Wisconsin Factory
Foxconn is doing damage control, but they haven't changed their plans.
“In Wisconsin we’re not building a factory”
Foxconn is altering the terms of the deal. Again.
Trump’s Shutdown Expected to Reduce Economic Growth
Economists have lowered their projections for the first quarter.
Trump Adviser On Poor U.S. Earnings: “China is feeling the blow”
“It’s not going to be just Apple.”
The GOP’s First Hearing on Minimum Wage in 8 Years Was Canceled
The GOP's key witness called for imposing taxes on gay people.
Don’t Vote For People Who Want You Dead
Overdose deaths have reached a record high and suicides have reached a 50-year high.
General Motors is Cutting Nearly 15,000 Jobs, Closing Five Factories
General Motors is restructuring to cut "costs" and shift production.