In the history of mankind, many republics have risen, have flourished for a less or greater time, and then have fallen because their citizens lost the power of governing themselves and thereby of governing their state. TR

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CNN Admits Trump Tax Cut Helped the Economy

Well this is a nice turn of events. First of all, the economy. Employers added 200,000 jobs last month, a strong number. But even better news was the rise in incomes, which has mostly stagnated under President Obama. And even more surprising news: CNN thinks Trump is partially responsible for it. According to CNN’s Alison Kosik: Wage growth jumped from 2.5 percent to 2.9 percent,

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Economy Generated 222,000 Jobs in June

That’s great, but honestly, not that much different from what we were seeing under Barack Obama. There were some positive signs, though they aren’t much. The labor force participation rate, at historic lows, moved up a bit and wage gains were modest, though they felt better due to decreasing inflation. From the Wall Street Journal: Nonfarm payrolls rose by a seasonally adjusted 222,000 from the

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Economy Generates More than 200,000 Jobs in April

The economy added 211,000 jobs in April and the unemployment came down a tenth of a point to 4.4 percent, its lowest level since May 2007, according to the latest Labor Department report. Nevertheless, the labor force participation rate remains at historic lows, actually falling a tenth of a point to 62.9 percent. The job growth is more than twice what it was in March

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Trump to Pump Life Back Into “Buy American” Initiatives

From the Wall Street Journal: President Donald Trump will sign an executive order in Wisconsin on Tuesday directing a government-wide review aimed at putting new teeth back into decades-old “Buy American” and “Hire American” directives. The 220-day review process, which could lead to additional executive orders and possibly legislation, will focus on preventing foreign workers with H-1B visas from, as one senior administration official put

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Trump’s First Month Brings 235,000 New Jobs

Job creation remains on a tear this year, with 235,000 jobs created in February on top of 238,000 that were lodged in January, the Labor Department announced Friday. The unemployment rate dropped to 4.7 percent. Is this due to President Trump? Who can say for sure. But with the constant stream of signals from the White House that taxes on business are going down and

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White House: Damn the Jobs. Full Speed Ahead!

Jobs Schmobs was the message Wednesday from a White House that clearly has little idea or concern about how its new proposal to expand the availability of overtime pay will impact the workforce. The new overtime pay regulations could affect as many as 10 million workers and cost businesses billions of dollars. It’s not clear whether businesses, who said they were blindsided by the initiative,

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Another Miserable Jobs Report: Bush Clearly to Blame

Private businesses added just 119,000 jobs last month, not nearly the 150,000 or so needed to keep pace with the growth in population of able bodied workers. Coming on the heels of the determination by the Commerce Department that GDP expanded just 2.5 percent the first quarter, it’s the latest signal that the economy is entering its usual Obama Spring Stall, to be followed by

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Jobs Jobs Jobs Jobs Jobs Jobs Jobs

Well, if President Obama was considering not going to Brazil in order to help conduct the war against Libya from Washington, he’s boxed himself in, because in an op-ed piece today for USA Today, he’s proclaimed he’s on a mission to make jobs. And if he doesn’t go to Brazil – and then Chile and El Salvador – as scheduled, then he doesn’t care about

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Economy Sheds Jobs, Again

The overall economy lost 95,000 jobs last month, the Labor Department reported, while the private sector gained 64,000, a sluggish pace that is slower than expected. Obama, who speaks on the jobs report this afternoon, will note the private sector increase and say that we are “headed in the right direction” while acknowledging things need to move more quickly. But this is a disaster for

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