Experts warned Donald Trump that his ill-advised tariffs would have damaging ripple effects on a variety of industries and now American workers are paying the price. In South Carolina, 126 people are soon-to-be on the unemployment line. From
WLTX:
Element TV Company in Winnsboro has served notice to the S.C. Department of Workforce and Employment (SCDEW) that it will close in October, which will result in the layoff of 126 of its 134 full-time employees.
The high tech television company said the tariffs are entirely to blame for their closure:
Making America Unemployed Again: South Carolina plant announces closure, cites Trump tariffs
Soooo.....Trump 'failure'????
This?
60. "US private sector added 250,000 jobs in Dec, vs estimate of 190,000: ADP
The report helped send the Dow to break the 25,000 mark for the first time."
Private sector job creation surged in December as holiday shopping boomed
61. "Hispanic unemployment at all-time low under Trump" Hispanic unemployment at all-time low under Trump
"Black Unemployment Rate Lowest in 17 Years"
Black Unemployment Rate Lowest in 17 Years
Maybe you remember this nightmare:
Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama
http://newsbusters.org/blogs/noel-s...st-ground-every-single-economic#ixzz2hihAOpVl
62."Customers Get A Break As Utilities' Tax Bill Drops
Tax savings for the industry are expected to be substantial. The Penn Wharton Budget Model at the University of Pennsylvania said utilities will pay $1.1 billion less in taxes this year than if the law had not been enacted, $1.9 billion less in 2019 and more than $5 billion less in 2020.
Numerous state regulatory agencies in the U.S. are similarly cutting rates to reflect lower taxes."
Customers Get A Break As Utilities' Tax Bill Drops
63. "U.S. Manufacturing Output Rose in December for Fourth Month
...the strongest quarter since 2010 and underscoring a resurgence in manufacturing that’s primed for further advances, Federal Reserve data showed Wednesday.
Factory output increased at a 7 percent annualized rate in the fourth quarter,..."
U.S. Manufacturing Output Rose in December for Fourth Month
This....since we got rid of that dead weight President, Hussein
What happens when you kick out the tax-and-spend Democrats?
This:
64. "It looks like Apple is bringing back home nearly all of its $250 billion in foreign cash
Trump.....unbelievable!!!!
He won again!!!!
65. "China's Xi Jinping says tariffs on car imports will be cut this year
Chinese President Xi Jinping on Tuesday said his government would "significantly lower" tariffs on vehicle imports this year as part of efforts to further open its giant economy to the world.
The pledge addresses one of the gripes of US President Donald Trump, who has threatened to impose new tariffs on $150 billion of Chinese goods in a trade dispute between the world's two largest economies. Experts cautioned, though, that Xi's comments may not do much to resolve the conflict, which has rocked markets in recent weeks."
China's Xi Jinping says tariffs on car imports will be cut this year
No wonder the Left hates him!!!!!!
66. Can you imagine the ticker-tape parades if Hussein had had these achievements??????
"Jobless claims rise modestly; Americans receiving unemployment aid lowest since 1973
67. Hispanic-Latino Unemployment Rate Hits Lowest Level on Record in June Hispanic-Latino Unemployment Rate Hits Lowest Level on Record in June
68. “GREAT AGAIN: More Jobs than WORKERS for the First Time In US HISTORY” GREAT AGAIN: More Jobs than WORKERS for the First Time In US HISTORY | Sean Hannity
69. "Dow surges more than 150 points in sudden move after Trump reportedly gets concessions from EU to avoid a trade war"
Dow surges more than 150 points after Trump reportedly gets concessions from EU to avoid a trade war
70. "U.S. Growth Hits 4.1%, Fastest Since 2014, in Win for Trump"
Terms of Service Violation
“We are now on track to reach GDP annual growth of over 3%... Each point, by the way, means approximately $3 trillion and 10 million jobs,” @POTUS says https://cbsn.ws/2JZ4YIt
CBS News on Twitter
Perhaps you meant Hussein 'the snake' Obama....now, there was failure!!!!!
Clearly you should be THANKING Obama for handing over such a thriving economy to the orange buffoon.....I mean, otherwise you'd be a *******, uninformed hypocrite, correct???
Must you resort to the vulgar....or is that only when I destroy your narrative?
Is this what you're 'thanking' Hussein for???
1...
in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery. Big Business Swings Behind a Mantra of Growth - The New York Sun
2. Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama
Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama
[
"BET Founder: Trump’s economy bringing black workers back into the workforce"
BET Founder: Trump's economy bringing black workers back into the workforce]
3. . "
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted)
median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
4. . In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.
“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton."
Economic Death Spiral: More American Businesses Dying Than Starting - Breitbart
5. "Surprise: U.S. Economic Data Have Been the World's Most Disappointing
It's not only the just-released University of Michigan consumer confidence report and February retail sales on Thursday that surprised economists and investors with another dose of underwhelming news. Overall, U.S. economic data have been falling short of prognosticators' expectations by the most in six years."
Surprise: U.S. Economic Data Have Been the World's Most Disappointing
6. . "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.”
The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression."
Realizing The Super Bowl Of American Economic Growth
7. "Even if you leave out the first quarter of 2009—when the recession that started in December 2007 was still ongoing--President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic Analysis has calculated quarterly GDP growth. "
http://www.cnsnews.com/blog/terence...-obama-has-lowest-average-1stq-gdp-growth-any
8.
The Obama Administration is aggressively exploiting regulation to achieve its policy agenda, issuing 157 new major rules at a cost to Americans approaching $73 billion annually....twice the annual average of his predecessor George W. Bush. And much more regulation is on the way, with another 125 major rules on the Administration’s to-do list, including dozens linked to the Dodd–Frank financial regulation law and the Patient Protection and Affordable Care Act, known as Obamacare. Red Tape Rising: Five Years of Regulatory Expansion
9. . "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.
The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.
“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..."
http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0
10. . "Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts.The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the
original $2 billion appropriatedin 2010 for the program under the Affordable Care Act. The funds were loaned to the start-up co-ops in 2012 and were to be repaid in 15 years, according to the Centers for Medicare and Medicaid Services, which manages Obamacare.
...13 of the 23 federally-financed Obamacare co-ops have officially failed in only two years. Most are in the process of default as insurance regulators attempt to pay customer’s medical bills, cover medical providers and pay other creditors.
Obamacare Co-Op Mess Causes $1.3 Billion In Losses
11. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years."
President Obama's Growth Gap Hits $1.31 Trillion | Investor's Business Daily
a. "
The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt
b. ".... first president since Hoover to never have a single year above 3% GDP growth."
Hedge fund billionaire calls Obama economy 'amazing'
12. ".... calculating how much the debt increased during Obama's two terms. On January 20, 2009, when he was sworn in, the debt was $10.626 trillion. On January 20, 2017, it was $19.947 trillion. That's why most people say Obama added $9 trillion to the debt, more than any other president."
How Much Did Obama Add to the Nation's Debt?
Obama....like you....an abject failure.
