TRUMP ECONOMY, THUMBS UP!!!
From The Hill comes the following new Harvard-Harris poll that states that 61% of Americans say the economy is strong, while just 39% say it is not. It is rather obvious, except to the LEFT and the Never-Trumpers that the optimism comes from the fact that a business man is in the White House.
A strong majority of Americans say the U.S. economy is running strong, and most believe the upward trend will continue under President Trump, according to a Harvard-Harris poll provided exclusively to The Hill.
The survey found that 61 percent view the economy as strong, against 39 percent who say it is weak.
A plurality, 42 percent, said they believe the economy is on the right track, versus 39 percent who said it is on the wrong track.
Trump and congressional Republicans have claimed credit for the turnaround, noting numerous polls in 2016 that showed that many Americans wanted change in the nation’s capital. Democrats counter that former President Obama handed a healthy economy to Trump and point out that the unemployment rate has dropped under 5 percent. At a press conference on Thursday, Trump said he inherited “a mess.”
As I have said from the outset, what are Democrats like Chuck Schumer and Nancy Pelosi, the MSM and the LEFT going to do and say when the economy and jobs explode under President Donald Trump and they are still whining about every little thing and looking to obstruct his policies? The 2018 elections are going to be a political bloodbath for the LEFT.
DONALD TRUMP PRESIDENCY … PUTTING AMERICA BACK TO WORK AGAIN!
As reported at CNBC, the U.S. created 227,000 jobs in January, 2017. This is the first jobs report of the Donald Trump presidency and it is “HUUUGE.”The jobs number is much greater than the analysts expectations of 175,000 jobs. Also, according to the Bureau of Labor Statistics, the civilian labor force increased by 584,000 in January, and the labor force participation rate rose by 0.2 percentage point to 62.9%.
Nonfarm payrolls grew by 227,000 in January while the unemployment rate edged higher to 4.8 percent, the Bureau of Labor Statistics reported Friday.
Economists surveyed by Reuters expected payrolls to grow by 175,000, compared with 57,000 in December, and the unemployment rate to hold steady at 4.7 percent.
UPDATE I: Manufacturing Jobs Up, Government Jobs Down.
The United States gained 5,000 jobs in manufacturing in January while losing 10,000 in government, according to numbers released today by the Bureau of Labor Statistics.
In the one month from December 2016 to January 2017, manufacturing jobs rose from 12,336,000 to 12,341,000—for an increase of 5,000.
At the same time, government jobs dropped from 22,286,000 to 22,276,000—a decline of 10,000.
President Donald Trump Pulls the Plug on Abandons Trans-Pacific Partnership (TPP) Obama’s Signature Trade Deal
TRUMP ENDS AMERICAN JOB KILLING TPP …NOTE TO MSM, WHAT PART ABOUT AMERICA FIRST DIDN’T YOU QUITE UNDERSTAND?
On day one of his presidency, Donald Trump fulfilled a campaign promise and ended the TPP, Trans-Pacific Partnership. And so it further begins. First Obama went after Obamacare, Obama’s signature piece of legislation and now it’s Obama’s signature trade deal. Trump looks to make individual trade deals with countries and doing so from an America first vision. President Trump was able to end the TPP by an executive order because it was never approved by Congress. Bipartisan trade policy, eh NY Times?
President Trump upended America’s traditional, bipartisan trade policy on Monday as he formally abandoned the ambitious, 12-nation Trans-Pacific Partnership brokered by his predecessor and declared an end to the era of multinational trade agreements that defined global economics for decades.
With the stroke of a pen on his first full weekday in office, Mr. Trump signaled that he plans to follow through on promises to take a more aggressive stance against foreign competitors as part of his “America First” approach. In doing so, he demonstrated that he would not follow old rules, effectively discarding longstanding Republican orthodoxy that expanding global trade was good for the world and America — and that the United States should help write the rules of international commerce.
Although the Trans-Pacific Partnership had not been approved by Congress, Mr. Trump’s decision to withdraw not only doomed former President Barack Obama’s signature trade achievement, but also carried broad geopolitical implications in a fast-growing region. The deal, which was to link a dozen nations from Canada and Chile to Australia and Japan in a complex web of trade rules, was sold as a way to permanently tie the United States to East Asia and create an economic bulwark against a rising China.
DONALD TRUMP HITS THE GROUND RUNNING TO CREATE ENVIRONMENT TO CREATE JOBS …
On Monday, President Donald Trump told business leaders he believes he can cut regulations by 75 percent or “maybe more.” What a huge difference between the over-regulation of business under the Obama administration. Trump went on to say there will be protective regulations, just not ones that also are job creation killers. Trump also stated that he is looking to cut taxes as well. Like him or not, Trump is running full speed ahead and doing what he said he would do for the people.
President Donald Trump told business leaders on Monday he believes he can cut regulations by 75 percent or “maybe more.”
At the White House with 10 senior executives, he repeated his campaign pledges to roll back corporate rules, arguing that they have “gotten out of control.” A White House spokesman did not immediately respond to a request to elaborate on which rules Trump will target or how the 75 percent was calculated.
“We’re going to be cutting regulation massively,” but the rules will be “just as protective of the people,” Trump told reporters at the meeting that included Tesla Motors CEO Elon Musk and Under Armour CEO Kevin Plank.
”What we want to do is bring manufacturing back to our country,” Trump said. “That doesn’t mean we don’t trade because we do trade. We want to make our products here.”
After the meeting, Dow Chemical CEO Andrew Liveris said the executives will come back in 30 days with suggested actions to boost American manufacturing.
Trump’s administration has already negotiated a deal with United Technologies for its Carrier unit to keep some jobs in Indiana rather than move them to Mexico, in exchange for $7 million in incentives over several years. Still, the company plans to shut down another Indiana facility and move hundreds of jobs to Mexico.
MAYBE IT WASN’T A SMART IDEA TO STOP SELLING TRUMP BRAND MERCHANDISE …
According to reports, Macy’s will be closing 68 stores and eliminating 10,000 jobs between now and mid-2017. The announcement was issued alongside an unfavorable earnings report, showing comparable store sales dipped 2.1% last quarter. This will leave only about 660 stores open in the United States. Obviously, the trend is to do on-line selling and will continue to be that way going forward. One has to wonder how much revenue was lost in the wake of the Macy’s decision to no longer carry Trump products. Seeing the outcome of the 2016 presidential election, one might call Macy’s business decision a “HUGE” mistake.
After seeing sales drop during the holidays, Macy’s said Wednesday it has either closed or will shutter 68 stores and cut an additional 6,200 positions at a time when shoppers are going online to buy everything from scarves to lipstick.
Of the 68 stores out of 730 in total, nine closings had been previously announced and three locations have already shut down. But the retail giant revealed the locations of the remaining 59 stores, which will be shuttered by the middle of this year and affect 3,900 employees, some of whom may be offered jobs at other locations.
Some of the stores are relatively new to the chain. The Macy’s store in the Eastland center in Columbus, Ohio, opened in 2006, and has 73 employees. Some, however, are historic or have been around for decades. Macy’s said it will shutter its store in downtown Minneapolis opened in 1902, where it has 280 employees.
Additionally the retail giant says that it will be cutting “layers of management” at its central operations, and paring the number of managers supporting stores, making up the bulk of 6,200 jobs that will be lost.