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Economy

President Donald Trump promised to eliminate the national debt in eight years.  Now, nearly halfway through his first term in office, Trump is overseen more than $3 trillion more in debt through more unconstitutional spending, and there doesn’t seem to be any effort to actually cut off the bleeding.  However, …

We continue to get more numbers that indicate that U.S. economic activity is really starting to slow down.  According to Challenger, Gray & Christmas, the number of layoffs in the United States was 38 percent higher in August than it was in July.  A 38 percent increase in one month …

Since the end of the last recession, the outlook for the U.S. economy has never been as dire as it is right now.  Everywhere you look, economic red flags are popping up, and the mainstream media is suddenly full of stories about “the coming recession”.  After several years of relative …

In the U.S., corporate insiders have been selling stocks at an average rate of 600 million dollars per day during the month of August.  This kind of wild selling indicates that there is a tremendous amount of fear among corporate insiders right now, and such selling would only make sense …

Now even one of the biggest banks in the entire country is openly admitting that a “slowdown” is upon us.  Over the past week or so, the mainstream media has been filled with chatter about the possibility of a recession and what that would mean for the Trump campaign in 2020, and …

The United States has created half a million fewer jobs than the government previously reported. The economy had about 501,000 fewer jobs as of March 2019 than the Bureau of Labor Statistics initially calculated in its survey of business establishments. That’s the largest revision since the waning stages of the Great Recession …

All of a sudden, it seems like the mainstream media just can’t stop talking about “the coming recession”.  If you go to Google News and type in the word “recession”, you will literally get dozens of articles from the last couple of days with “recession” in the headline.  And of …

We haven’t seen anything like this since the Great Depression of the 1930s.  Leading up to this year, farm incomes had been trending lower for most of the past decade, and meanwhile, farm debt levels have been absolutely exploding.  So U.S. farmers were desperate for a really good year, but …

As the trade deficit continues to widen and President Donald Trump ramps up his rhetoric on China, one thing is for certain: the data points show that the United States is the loser in this trade war. There is no coming out on top when the tariffs, which are paid in …

As was warned just days ago, if the Federal Reserve cut interest rates, it was a sing that we are heading into a recession.  On Wednesday, the Fed cut interest rates by 25 basis points to 2.5 percent.  The question is, do they have a clue what they are doing, …