Category: Jobs and Employment

Trump’s first war

Trump has gotten us into a trade war. His “first strike” tariffs have not crippled the enemies into submission, but only sparked retaliatory strikes. We are now in a war of attrition that could go on indefinitely. Escalation of the…

What ever happened to the “R” word?

All the ten year federal budget forecasts assume different GDP growth rates, tax income and spending to come up with deficit estimations. For hundreds of years capitalism has gone through economic cycles of boom and bust. Although recessions are inevitable, none…

Trump, the job creator?

When economic times are good, the President claims and  gets credit from a majority of the voters. When the economy is bad, the voters take it out on the President. The credit or punishment a President gets may be undeserved either way.…

Trump’s economic fantasy world

The nonpartisan Congressional Budget Office just shot down Trump’s budget. It is overly optimistic about growth rate in the future.  In the economy, we have: government spending, consumer spending investment spending. About 30-40% of government spending comes from money largely…

Trump losing to China

In spite of all his hot air about bringing jobs back to the U.S., the bottom line is Trump is a loser. He and those who voted for him never understood the problem. “Free Market” Capitalism loves only gold. Details…

Trump’s budget gets worse than “F”

Nobel Prize winning economist, former World Bank economist and former Chairman of the Council of Economic Advisors, Joseph Stiglitz reviewed Trump’s budget and gave it a “collection of lies put together” grade. That’s worse than “F”. It pulls down Trump’s average…

Trump’s economic threat

Trump has improved his unrealistic economic plan with a new one that is still unrealistic. According to a recent study by the Committee for a Responsible Federal Budget, his plan would increase the national debt by $5.3 trillion dollars over ten…

Jobs and employment

A visit to Trump’s web site on July 5, 2016 found only a one minute video on how Trump created jobs. In it he said that he had created thousands of jobs with his building projects. He did create thousands…