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Commerce Department

Trump signs executive orders to crack down on trade abuses, increase enforcement

One week before he hosts a meeting with Chinese President Xi Jinping, President Trump on Friday signed a pair of executive orders aimed at cracking down on trade abuses and identifying the causes of America’s massive trade deficit.  “We’re going to get these bad trade deals straightened out,” Trump said from the Oval Office. “The

EPA funding may be cut 25 percent under Trump, according to draft copy of budget

The budget for the Environmental Protection Agency could reportedly be reduced by roughly 25 percent, costing the agency about 3,000 jobs. President Trump has said he plans to pay for billions of dollars more for the military by cutting spending on domestic agencies and departments. Trump plans to submit his budget to Congress the week

Obama Commerce Department Shows One ACA-led Tax Cost Industry 28k Jobs

Armstrong Williams, In a corner of the U.S. Department of Commerce website cluttered with millions of statistics and data sits a series of numbers that paint a stark reality of Obamacare. Most notably, just how much damage one tax created by this onerous law has wielded on U.S. manufacturers across the country. Earlier this morning,

Priebus on sanctuary cities

White House Chief of Staff Reince Priebus defended President Donald Trump Wednesday evening over a move to block federal funds meant for so-called “sanctuary cities” that harbor immigrants who entered the U.S. illegally.  “Should places in this country that ignore the laws of this country when it comes to immigration receive federal money into their

Factory activity hits two-year high as orders surge

U.S. factory activity accelerated to a two-year high in December amid a surge in new orders and employment, suggesting some of the oil-related drag on manufacturing was fading. Other data on Tuesday showed construction spending hitting a 10-1/2-year high in November, which could provide a lift to fourth-quarter economic growth. The reports suggested president-elect Donald

Trump calls for 4 percent growth, pledges to create 25 million jobs

Republican Donald Trump on Thursday called for a U.S. goal of 4 percent annual economic growth, saying his plans to cut taxes, eliminate regulations and revamp U.S. trade policy would create 25 million new jobs over a decade. The presidential candidate said in a speech to a the Economic Club of New York, a business

UN to Take Control of Internet October 1st

If the U.S. abdicates internet stewardship, the United Nations might take control. When the Obama administration announced its plan to give up U.S. protection of the internet, it promised the United Nations would never take control. But because of the administration’s naiveté or arrogance, U.N. control is the likely result if the U.S. gives up internet stewardship

US economy grew at tepid 1.1 percent pace in spring

The U.S. economy expanded at a sluggish 1.1 percent pace this spring as businesses sharply reduced their stockpiles of goods and spent less on new buildings and equipment. Yet most analysts forecast much faster growth in the summer and fall, fueled by healthy consumer spending. Friday’s estimate is slightly below the Commerce Department’s previous figure

Consumer Prices in U.S. Increase by Most in More Than a Year

 The cost of living in the U.S. rose more than forecast in May, reflecting broad-based gains that signal inflation will move closer to the Federal Reserve’s goal. The consumer price index increased 0.4 percent, the biggest advance since February 2013, after climbing 0.3 percent the prior month, a Labor Department report showed today in Washington.

It’s About to Get Worse for Democrats, A Lot Worse

John Ransom  Medical research has indicated that people like schizophrenics, or people suffering from mania, cannot distinguish between voices outside of themselves and the self-talk that goes inside their head. It’s just a simple biologic matter of that particular brain not being able to make that distinction. Democrats have that same problem. And here’s why:

Jobless Claims in U.S. Unexpectedly Climb to Nine-Week High

 Applications for U.S. unemployment benefits unexpectedly climbed to a nine-week high, underscoring the difficulty adjusting the data for seasonal variations such as the Easter holiday and spring recess at schools. Jobless claims rose by 14,000 to 344,000 in the period ended April 26, the highest level since Feb. 22, Labor Department data showed today in