Unemployment Rate Hovering at a Fifty -Year Low
With the unemployment rate hovering at a fifty -year low, it leaves 500,000 US factory jobs unfilled, the most in nearly two decades, according to the Labor Department.
Manufacturers are paying relocation costs and bonuses to move new hires across the country at a time of record-low unemployment and intense competition for skilled workers.” WSJ 1/13/20
Empire State Manufacturing Survey for January 2020 Reports Business Activity Grew Slightly
The Federal Reserve Bank of New York released its Empire State Manufacturing Survey for January 2020 and reports business activity grew to a small degree, according to firms responding to the survey. The headline general business conditions index was little changed while new orders and shipments edged higher. Employment continued to expand. Optimism about the six-month outlook remained subdued and capital spending plans remained firm.
US Drill Rigs Running Down 15 From Prior Week
There were 781 drill rigs running in the US last week, down 15 rigs from the prior week and down 294 rigs from 1 year ago. Meanwhile Canadian drilling jumped by a whopping 118 rigs to 203 last week, up 19 rigs from the like period last year.
US Raw Steel Production at ACUR 82.5%
In the week ending January 11, 2020 US raw steel production was 1,923,000 tons at an ACUR of 82.5 percent. Thus far this year mills have produced 3,008,000 net tons, up 2.3 percent form the 2,941,000 tons produced in the like period last year.
Small Business Confidence Ended 2019 on Soft Note
Small business confidence ended 2019 on a soft note, with the NFIB Index falling a couple points. Despite the decline, business owners remain upbeat and see better economic conditions in coming months.
Dow Jones Industrials Closed Above 29,000 for the First Time
On Wednesday, the Dow Jones Industrials closed above 29,000 for the first time. That is not the result of anything the Democrats have done. Keep America Great! Choo Choo…still on the Trump Train!
S&P 500 Closed Above 3,300 for the First Time
On Thursday the S&P 500 closed above 3,300 for the first time, the DOW closed just under 29,300 after a gain of 267 points and the senate passed the USMCA, it now goes to the President’s desk. Meanwhile, the Democrats were swearing in their “managers” for the farce impeachment. It is astounding that they continue with this charade and think the American people are with them. WE are NOT with them, we are laughing at them, but also embarrassed by their nefarious antics. The world is watching.
US Dropped China’s Designation as a Currency Manipulator
The US dropped China’s designation as a currency manipulator ahead of signing the Phase-one trade which was signed on Wednesday 1/15/20. It seems laughable to me that our Democratic legislators and their media cohorts are deriding the Phase-One trade deal. Chuck Schumer, who has been in the senate for 22 years was ripping the deal as “not enough” (it is only Phase-One, right?), but in his 22 years as a senator, what has he done to create fair trade deals for this country? Same question for the rest of them; what have they done? The answer is NOTHING. So, let them continue to deny the reality of what this president has done for all facets of American life. November will paint the true picture of what “We the people” know and understand about the political dysfunction of the liberal Democrats.
Also on Wednesday, while President Trump was negotiating new trade deals, securing the southern border, lowering individual and corporate tax rates, defending the 2nd Amendment, killing known terrorists, defending guaranteed “pre-existing condition” health coverage, etc. etc. the Democrats moved their farce articles of impeachment to the senate. This is what they have to show for three years of time and ill spent money while NOT looking out for our country and the American people.
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.”