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Archive for the ‘Economics’ Category

Truthout: The F-35 Fighter Jet Will Cost $1.5 Trillion, It’s Time for New Priorities

Posted in Economics, Government Budget and Funding, military, Opinion, War, tagged , , , , on April 25, 2019| Leave a Comment »

“The F-35 is not just a bad plane that costs too much. It is a symptom of the mindset that is eating this country, and the world, alive.”

The F-35 Fighter Jet Will Cost $1.5 Trillion

Truthout: The F-35 Fighter Jet Will Cost $1.5 Trillion, It’s Time for New Priorities

 

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Billionaire JP Morgan chief attacks socialism as ‘a disaster’

Posted in Economics, Opinion, tagged , , , , on April 8, 2019| Leave a Comment »

JP Morgan’s Jamie Dimon says socialism leads to “corruption and favouritism.” He says the “specter of socialism is taking over America.” But there is a new socialism that is leading the way.

Billionaire JP Morgan chief attacks socialism as 'a disaster'

Billionaire JP Morgan chief attacks socialism as ‘a disaster’

 

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Trump, “a one-man turd in the punch bowl,” distancing America at every opportunity

Posted in Donald Trump, Economics, Foreign Relations, Opinion, Politics, tagged , , , on June 10, 2018| 1 Comment »

With increasing tensions, showing up late, leaving early, Donald Trump attended the G7 summit in Canada, which began on Friday, June 8, and ended on Saturday, June 9, managing to make his testy relationship with the other G7 countries, our allies, even worse.

Trump, “a one-man turd in the punch bowl,” distancing America at every opportunity

Trump, “a one-man turd in the punch bowl,” distancing America at every opportunity

 

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CNN: House sends bill loosening banking regulations to Trump’s desk

Posted in Consumer Protections, Donald Trump, Economics, Opinion, Politics, republicans, tagged , , , , on May 23, 2018| Leave a Comment »

“. . . Donald Trump pledged on the campaign trail to ‘do a big number’ on the Dodd-Frank Act. And now a Republican bill that offers the most sweeping changes to rules crafted following the 2008 financial crisis is headed to his desk for his signature.”

House sends bill loosening banking regulations to Trump's desk

CNN: House sends bill loosening banking regulations to Trump’s desk

 

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Trump’s “playing nice” because of a large cash bribe, Nobel Peace Prize a distraction

Posted in Donald Trump, Economics, Foreign Relations, Opinion, Politics, tagged , , , , on May 21, 2018| Leave a Comment »

It would seem that Donald Trump is “playing nice” with China because The Trump Organization received a large cash bribe from the Chinese government. The Nobel Peace Prize nomination is an interesting distraction from the real story.

Trump_s “playing nice” because of a large cash bribe, a Nobel Peace Prize a distraction 2

Trump’s “playing nice” because of a large cash bribe, Nobel Peace Prize a distraction

 

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Trump’s Tariff Layoffs Begin

Posted in Donald Trump, Economics, Foreign Relations, Opinion, Politics, tagged , , , on March 20, 2018| Leave a Comment »

Donald Trump’s tariff hike is making its predicted impact on the users of aluminum and steel in the manufacturing of many products.

Trump_s Tariff Layoffs Begin

Trump’s Tariff Layoffs Begin

 

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Posted in Business, Donald Trump, Economics, Foreign Relations, inequality, Opinion, Politics, tagged , , , , on January 28, 2018| Leave a Comment »

“Trump to global CEOs and financiers in Davos, Switzerland: “America is open for business.” We’re now a great place for you to make money. We’ve slashed taxes and regulations so you can make a bundle here,” — Robert Reich

Trump_s America Open to Global Capital, Not People

Trump’s America: Open to Global Capital, Not People

 

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MSNBC — Trump’s Treasury Dept Embarrasses Itself with One-Page ‘Analysis’

Posted in Donald Trump, Economics, Government Budget and Funding, Opinion, Politics, republicans, tagged , , , , , on December 12, 2017| Leave a Comment »

Treasury Secretary Steven Mnuchin promised congressional Republicans that he would work on a detailed analysis of their $1.5 trillion tax plan that will show it would pay for itself, and it would be available before Congress voted on the plan.

Trump_s Treasury Dept Embarrasses Itself with One-Page ‘Analysis_

MSNBC — Trump’s Treasury Dept Embarrasses Itself with One-Page ‘Analysis’

 

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Perspectives: Trump Plays It Safe with Fed Chair Pick Choosing Jerome Powell to Replace Janet Yellen

Posted in Donald Trump, Economics, Opinion, Politics, tagged , , , , on November 2, 2017| Leave a Comment »

Donald Trump has named Jerome Powell, the current Federal Reserve board governor and former private-equity executive, as his choice to replace Janet Yellen as chair of the Federal Reserve.

Source: Perspectives: Trump Plays It Safe with Fed Chair Pick Choosing Jerome Powell to Replace Janet Yellen

 

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Perspectives

Posted in Donald Trump, Economics, Government Budget and Funding, inequality, Opinion, Politics, republicans, tagged , , , , on October 22, 2017| Leave a Comment »

 

No matter how hard Donald Trump and the Republican Party try to convince Americans that trickle-down or supply-side economics benefits all Americans because money flowing into the economy somehow reaches the bottom of those in the economic ladder, it does not.

Source: Vox — Trump’s economists say a corporate tax cut will raise wages by $4,000 It doesn’t add up

 

 

 

 

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