52 results for tag: Economy


The American economy is making a comeback!

For the first time since 2008, America is back on top as being the number one most competitive economy in world. Out of 140 countries ranked, America regained its highest rank based on its “entrepreneurial culture and its dominance in producing a competitive labor market and nimble financial system.” The Wall Street Journal has the details: America climbed one place in the rankings of 140 countries, with the top five rounded out by Singapore, Germany, Switzerland and Japan. All five countries’ scores rose from 2017, with the U.S. notching the second-biggest gain after Japan’s. The top spot hasn’t gone to the U.S. since the financial ...

Blue-collar jobs thrive

For the first time in over 30 years, blue-collar job growth is at its highest. With the help of deregulation, tax reform, and a boost in worker morale, the economy is finally making a comeback after years of a crippling recession under the Obama Administration.   Live Trading News has the details: Jobs in industries such as  mining, construction and manufacturing rose 3.3% in the year preceding July, the best rate since 1984, a Washington Post analysis found. A rally in Crude Oil prices, the need to rebuild after such natural disasters such as Hurricanes Irma and Harvey, and rising labor demand generated by a growing economy have all ...

Tax reform is still a money maker!

Months after tax reform passed into law, Americans are still seeing the benefits. We won’t see the full list of benefits for a few years, but it’s a really good sign that we are seeing a lot of them now. The gross domestic product (GDP) is over 4 percent for the second quarter, wages have started rising, and average hourly earnings have gone up 2.9 percent.   The Epoch Times reveals more: According to Scott Hodge, president of the Tax Foundation, the effects of tax cuts won’t be just short-lived. “It’s unrealistic to expect major tax policy changes like this to produce immediate results,” he said in his testimony at a Senate ...

How free is your state?

The Cato Institute recently came out with its annual list of “Freedom in the 50 States.” The think tank examined all of the states’ policies ranging from taxation to debt, educational choice, gun rights, and other policy issues. The best states ranked for overall freedom are Florida, New Hampshire, Indiana, Colorado and Nevada. Fiscal and economic policies are the reasons why Florida has held its top ranking since 2014. It shouldn’t come as too much of a shock that New York, Hawaii, California, New Jersey and Vermont are the worst states for freedom. Since 2000, New York has held its place as one of the worst states for freedom. Its ...

INVALIDATED: An original TPP Action documentary on the violation of our intellectual property rights

In America, you can be anything you want unless you’re trying to become an inventor. Intellectual property rights are at risk and American innovation is dying. Why? The current system allows for major tech companies to find easier and cheaper ways to infringe on patents rather than pay the inventors. China gets away with an annual $600 billion of stolen intellectual property and other countries profit off innovation rather than the American innovators themselves. This is NOT the American Dream! Tea Party Patriots Action presents “Invalidated: The Shredding of the U.S. Patent System,” a documentary that every patriot should see. Available for ...

The labor force has even more room to grow

President Trump has kept many campaign promises, including creating a better environment for job creation. The economy is booming and unemployment rates are dropping. Americans are becoming more confident in the growing Trump economy. The Washington Examiner has the details: Thousands of additional workers could be brought off the sidelines and into the labor force, the Federal Reserve said Friday, potentially bringing the labor market into a state of health it hasn’t enjoyed since the late 1990s. … Chairman Jerome Powell, who is scheduled to testify on the report next week, has maintained that the economic recovery could extend further ...

President Trump: “Our country finally has a tax system that is pro-job… and pro-American”

Last Friday, President Trump reminded the country that even six months later, tax reform isn’t just working, it’s an “economic miracle.” Jobs continue to increase, unemployment claims are at a more than four-decade low, and investment- the bedrock of economic growth- has increased by 21 percent among companies. It’s obvious that our country finally has a tax system that’s pro-American. The Daily Signal has the details: The $1.5 trillion tax reform law cut the U.S. corporate tax rate from 35 percent, the highest in the world, to 21 percent, in line with other developed nations. It also lowered the top individual rate from 39.6 percent ...

Tea Party Patriots Citizens Fund Weekly Report from Washington for 6/11/18

CALENDAR: The calendar is the same as last week – the Senate returns on Monday, and the House returns on Tuesday. The Senate will likely finish its work on Thursday, because that’s still a full workweek in the Senate, and the House is scheduled to stay in session through Friday. LAST WEEK ON THE HOUSE FLOOR: The House returned to work on Tuesday, and took up and passed three bills under Suspension of the Rules. On Wednesday, the House took up and passed H.R. 8, the Water Resources Development Act. Then the House took up and passed a motion to concur in the Senate amendment to H.R. 3249, the Project Safe Neighborhoods Grant Program ...

News flash: Wages are rising, jobs are abundant and the economy is ‘booming’

Last week, the Bureau of Labor Statistics released an updated jobs report that showed the nationwide unemployment rate falling to 3.8 percent. The best news: there’s an abundance of jobs. Thanks to President Trump, wages are rising and the country finally has confidence in our economy again! The Washington Examiner has the details: The good news is not confined to the fact that there is an abundance of jobs. Wages are rising, too. For the first time since the National Federation of Independent Business began surveying about wages in 1986, 35 percent of small business owners increased compensation last month. ... Remember, the day after ...

The Trump Administration’s Spring Cleaning Agenda: Deregulation

President Trump’s spring agenda includes more spring cleaning of the mess that former President Obama’s administration left behind. Trump is targeting duplicative and unnecessary liberal regulations that have been a burden on the economy, American businesses and the American people. The Daily Signal has the story: Trump’s reform agenda will cut across many areas and top priorities for deregulation include infrastructure development, emerging technologies, and “relief for small business,” a senior White House official said during a conference call coinciding with the announcement. The senior official cited Trump’s previous executive ...