Tag: Consumers

TAX CUTS: Is it a good thing?

TAX CUTS: Is it a good thing?

Economics-Business, Government, History, Legislature, Presidential, Trump News
As it stands the average American worker works six months of every calendar year to pay their taxes... this is not only irresponsible it is highway robbery considering what we get in return for our bucks... Looking at the Market today -- surpassing 22K - we can easily ascertain they are ignoring the DC scutterbut and continue to trade at a robust rate -- enough to make our market soar for the time being. Why? Because they like our gold-spinning Commander in Chief, regardless what the media and Democrats would like for you to believe! They know Trump and know him well. History, history and more history... The way many on the Hill are reacting to the Tax Reform proposal, one would wonder if it is a good thing but in fact, history shows us, it's always a good economy when Americans and b...
We’re Out!

We’re Out!

Current Affairs, Economics-Business, International Politics, White House News
In the White House Rose Garden, President Donald Trump has announced we are officially out of the monetary quagmire of the Paris Climate Accord. After the announcement, the market immediate escalated as the NASDAQ, S&P and DOW demonstrated the market's approval of the US leaving this heavy handed mandate on our economy. Closing at 21,144.18 the market reflects confidence in the President's economic plans and strategies, meaning more investors are willing to push money back into the market, correlating into job creation and a push towards a booming economy. In the speech, President Trump reiterated the importance the American people, stating, "I was elected to represent the citizens of Pittsburgh, not Paris." In a detailed announcement, he spoke of the nuts and bolts, s...
CONSUMER CONFIDENCE: Shelter for the Coming Storm

CONSUMER CONFIDENCE: Shelter for the Coming Storm

Economics-Business, Government, Issues, Legal, Media, Trump News, Trump Transition
By Adam Gingrich PA Political Consultant @DissingerToupee Economists have been all over the map with their economic analysis of a Trump presidency. Make no mistake, they are as divided by partisan lines as they are by their respective provisional core sector needs. Be that as it may, what most economists overlook in America is the power of the consumer confidence index to essentially mitigate, if not significantly alter, the down-trending aspects of our economy. In the coming days, we will be drowning in siren calls from the leftist media sources about the upcoming market correction. True, the bullish market that's heading into a consumer-friendly holiday shopping season will tend to hide some of the global and domestic blemishes. There is no hiding from the coming Fed rate increase...