Unemployment Fell in July
Unemployment fell in July to 10.2% as 1.8 million jobs were added to the US economy amid a summer wave of coronavirus cases forcing states to backtrack on reopening.
In July the Overall Economy Notched a Third Consecutive Month of Growth
The Institute for Supply Management (ISM) released its July 2020 Manufacturing Report on Business reporting manufacturing activity in the manufacturing sector grew in July with the overall economy notching a third consecutive month of growth.
The report was issued by Timothy R. Fiore, CPSM, CPM, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee.
The July PMI registered 54.2 percent, up 1.6 percentage points from June. This figure indicates expansion in the overall economy for the third month in a row after the April contraction.”
No Reduction in US Drill Rigs Running
For the first time in a long time, there was no reduction in drill rigs operated in the US, though stuck at a meager 251 rigs (down 691 rigs from one year ago), at least the bleeding may have stopped.
US Raw Steel Production Capacity is Rising
In the week ending 8/1/20 US raw steel production was 1,328,000 net tons at an ACUR of 59.3 percent. This year’s total production will be a disappointment, so I will not report going forward, but it is nice to see capacity utilization rising. If I recall correctly, production went as low as 51 percent of capacity during the “shutdown.”
Dissolution of the NRA Filed
New York Attorney General, Letitia James has filed a lawsuit seeking to dissolve the National Rifle Association (NRA). Lots of luck with that. More commie horse shit.
Jobless Benefits Claims Fell Last Week
Filings for jobless benefits fell to 1.2 million last week, a sign layoffs declined as the labor market tries to recover.
As an American citizen, how do you want our country to move forward for you and your family:
SECURE BORDERS? OPEN BORDERS?
MORE GOVERNMENT? LESS GOVERNMENT?
A STRONG MILITARY? A WEAK MILITARY?
LESS TAXATION? MORE TAXATION?
LESS GOVERNMENT REGULATION? MORE GOVERNMENT REGULATION?
FAIR TRADE AGREEMENTS? QUID PRO QUO TRADE AGREEMENTS?
PROPER CARE FOR OUR VETERANS? DON’T CARE FOR OUR VETERANS?
MERIT BASED IMMIGRATION? THE SHIT WE HAVE NOW?
RESPONSIBLE HELP FOR THE POOR? THROW MONEY AT THE PROBLEM?
TEACH AMERICAN HISTORY TO OUR CHILDREN? ERASE AMERICAN HISTORY?
RESPECT OUR FLAG? DON’T GIVE A SHIT?
SAY THE PLEDGE OF ALLEGIANCE IN SCHOOL? WHAT IS THAT?
Infrastructure X (Keystone & Dakota pipelines) Regulation Reform XX 1 in 2 out
Individual Tax Reform XX Entitlement Reform
Business Tax Reform XX Education Reform X
Healthcare Reform Veterans Administration Reform X
Rebuild our Military X Trade Reform X
Secure our Borders (The Wall) XX Lead the world from the front XX
Help for the poor XX Drain the swamp X as we speak
Peace through unmatchable strength Support Israel X
Destroy ISIS XX Extreme Vetting XX
Conservative Supreme Court nominees XX American Jobs XX
I will track these campaign promises and will check them off as each is accomplished adding those I have missed as they become apparent. This is quite an agenda and will be difficult to achieve all in one term, but I believe the American people are behind him and know these things need to be done. Now, if he can get our legislators to support him instead of fighting him….
“MAKE AMERICA GREAT AGAIN”
“KEEP AMERICAN GREAT”
Have a great weekend…. God bless America!
Buy American made products whenever you can, it’s good for you, good for your friends and neighbors and good for our country.
If you are hiring…try to hire a veteran…. they are loyal, disciplined, hardworking…and they deserve our support.
By the way, if you wish to comment on my rants or offer any other insights you may have, you are encouraged to email me.
TEDDY ROOSEVELT ON IMMIGRANTS IN AMERICA…1907
In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person’s becoming in every facet an American and nothing but an American. There can be no divided allegiance here. Any man who says he is an American, but something else also, isn’t an American at all. We have room for but one flag, the American flag…We have room for but one language here and that is the English language…and we have room for but one sole loyalty and that is a loyalty to the American people.”