Trump effectively owes his election to the promise of bringing factories and manufacturing jobs back to the United States. His relentless, targeted attacks against the 'Big 3' U.S. auto manufacturers for outsourcing jobs to Mexico was undoubtedly a key reason that he was able to shock the world and win Michigan, Wisconsin, Ohio and Pennsylvania...an accomplishment which has eluded Republicans since Ronald Reagan.
Authored by Lance Roberts via RealInvestmentAdvice.com,
Janet Yellen, Federal Reserve Chair, recently stated;
“Will I say there will never, ever be another financial crisis? No, probably that would be going too far. But I do think we’re much safer and I hope that it will not be in our lifetimes and I don’t believe it will.”
Authored by Mike Shedlock via MishTalk.com,
Yesterday, in response to alleged “progress” on Obamacare I penned Mish’s Rule of Progress.
Today, I am pleased to announce even more amazing budget progress in the state of Illinois.
First, let’s recap progress at the national level.
Earlier this week we wrote about a study published by the University of Washington which was fairly damning for Seattle's $15 minimum wage. To our total 'shock', the study found that higher minimum wages caused a 9.4% reduction to total hours worked by low-skilled workers, or roughly 14 million hours per year. Given that a full-time employee works 2,080 hours per year, that's the equal to just over 6,700 full-time equivalents who have lost their jobs, just in the city of Seattle, courtesy of moronic politicians who don't seem to grasp basic mathematical c
