Search Result for “economic recession”
Trump Promised Elimination Of National Debt, But It’s 10 Times Annual Tax Receipts
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, …
US Layoffs Rise 38 Percent – Highest Level For August Since 2009
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 …
One Of The Largest “Too Big To Fail” Banks In US: “The Wheels For A Slowdown Are In Motion”
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 …
Half A Million Jobs Less Were Created In US Than Previously Reported
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 …
Trump Warns This Will Happen If He Isn’t Get Re-Elected
Editor’s Note: And people don’t think President Trump is a politician… Exhibit A. Admission: I didn’t really vote FOR Trump as much as I voted AGAINST Hillary. How many Americans can relate to that sentiment? Activate Your Own Stem Cells & Reverse The Aging Process – Choose “Select & Save” …
Congress Spending Surge is National Suicide
With a national debt approaching $23 trillion and a trillion-dollar deficit for this year alone, Congress last week decided to double down on suicidal spending, passing a two-year budget that has the United States careening toward catastrophe. While we cannot say precisely when the economic crash will occur, we do …
Either The Federal Reserve Is Clueless Or Lying & The Rate Cut Demonstrates It
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, …
New Tariffs, Stocks Plunge, Manufacturing Falls Again And More Layoffs – But Everything Is “Fine”?
Things are starting to go downhill rather quickly now. A day after the Federal Reserve cut interest rates for the first time in more than a decade, we received a whole bunch more bad economic news. Most Americans don’t realize it yet, but our economy is in serious trouble. We haven’t …
Possible Budget Deal Will Add $2 Trillion To National Debt: “Worst In History”s
About the only thing all people in government an agree on is that they need to spend more money and go further into debt. If the new budget deal is signed by President Donald Trump, he will have authorized a 22 percent increase in federal discretionary spending during his first …
Democrats & Republicans Are Both Conspiring To Bankrupt America As Trump Supports $320 Billion More In Spending
Both major political parties are working together to destroy America’s financial future, and most Americans don’t seem to care. Once upon a time, the Republicans were considered to be “the party of fiscal responsibility”, but now they are just as bad as the “free-spending” Democrats. As you will see below, …