Economy Archives - POLITICUSUSA

Fri, Jun 7th, 2019Fri, Jun 7th, 2019

Robert Reich Says Trump Could Cause A Recession Before The 2020

Robert Reich explained that the combination of Trump's trade war and tariffs along with a slowing economy could lead to a recession before the 2020 election.

Jason Easley

Mr. Easley is the founder/managing editor and Senior White House and Congressional correspondent for PoliticusUSA. Jason spent four years as a political columnist and the politics editor at 411mania.com, where he covered such issues as the Iraq War, warrantless wiretapping, and the daily workings of the American legislative process. Jason has also written for the Blogger News Network and saw his 2008 presidential election coverage quoted in over 300 newspapers worldwide. Jason has a Bachelor’s Degree in Political Science. His graduate work focused on public policy, with a specialization in social reform movements.

Awards and Professional Memberships

Member of the Society of Professional Journalists and The American Political Science Association

http://politicususa.wpengine.com

Thu, May 30th, 2019

Trump Just Started A New Trade War With Mexico That Could Send The Economy Reeling

Because one disastrous trade war with China isn't enough, Donald Trump is reportedly planning to wage another one against Mexico.

Sean Colarossi

Sean Colarossi currently resides in Cleveland, Ohio. He earned his Bachelor of Arts degree in Journalism from the University of Massachusetts Amherst and was an organizing fellow for both of President Obama’s presidential campaigns. He also worked with Planned Parenthood as an Affordable Care Act Outreach Organizer in 2014, helping northeast Ohio residents obtain health insurance coverage.

Thu, May 23rd, 2019

Trump Lies And Says China Is Paying For His $16 Billion Trade War Disaster Cover Up To Farmers

Trump lied and claimed that China is paying for $16 billion in disaster relief to farmers due to his trade war.

Jason Easley

Awards and Professional Memberships

Member of the Society of Professional Journalists and The American Political Science Association

http://politicususa.wpengine.com

Mon, May 20th, 2019

Trump Congratulates Himself for Auto Jobs as Ford Cuts An Estimated 2,300 Salaried Employees

As Trump congratulated himself for auto jobs -- in March, hyperventilating over Ford investing money in Flat Rock, Michigan, claiming that companies were "pouring back into the United States" because "they want to be where the action is" -- the number 2 automaker Ford was actually restructuring and planning to cut 10% of its global salaried workforce.

Sarah Jones

Ms. Jones is the Editor-in-Chief of PoliticusUSA and a Huffington Post contributor. She has covered President Barack Obama, 2016 Democratic candidate for president Hillary Clinton, VP Joe Biden, Senator Elizabeth Warren, First Lady Michelle Obama, former President Bill Clinton, and Speaker Nancy Pelosi.

Sarah hosts Politicus News and co-hosts Politicus Radio. Her analysis has been featured on several national radio, television news programs and talk shows, and print outlets including regular appearances on The Ann Walker Show With Scott Nevins for UBN Radio and KPTR 1450’s California Woman 411, The Washington Post, The Atlantic Wire, CNN, MSNBC, The Week, The Hollywood Reporter, The Richard Dawkins Foundation and more.

Sarah has won two Telly Awards and is a member of the Society of Professional Journalists. She graduated Magna Cum Laude and Phi Beta Kappa with a degree in Latin and Psychology, including studying the psychology of organized crime, with graduate studies in the psychology of linguistics and Latin poetry.

Mon, May 20th, 2019Mon, May 20th, 2019

Rural Iowans ponder Trump alternatives as China trade war drags on

U.S. farmers, who helped carry Trump to his surprise 2016 election win, have been among the hardest hit as China has imposed tariffs on imports of U.S. agricultural products including soybeans, pork and grain sorghum in response to U.S. tariffs on Chinese goods.

Now, increasing frustrations over the prolonged dispute are prompting some rural residents in Iowa, home of the first presidential nominating contest in February, to consider candidates other than President Donald Trump in the 2020 election.

Reuters

Mon, May 20th, 2019

Trump Is Planning A Tax Increase Of $2,000 On American Families

If Trump goes through with his plan to increase tariffs on all Chinese exports, it would be a $2,000 tax increase on the average American family.

Jason Easley

Awards and Professional Memberships

Member of the Society of Professional Journalists and The American Political Science Association

http://politicususa.wpengine.com

Thu, May 16th, 2019

Trump’s Tariffs Cost Taxpayers More Than 3 Years Of Obamacare

Trump the Taxer: Not only are Trump's tariffs one of the largest tax hikes in decades, but they also amount to more than the tax increases from the first three years of President Obama's Affordable Care Act.

Sarah Jones

Thu, May 16th, 2019Thu, May 16th, 2019

Weak U.S. retail sales, industrial output highlight slowing economy

U.S. retail sales unexpectedly fell in April as households cut back on purchases of motor vehicles and a range of other goods, pointing to a slowdown in economic growth after a temporary boost from exports and inventories in the first quarter.

Reuters

Wed, May 15th, 2019

Trump Tax Cut Kills 23,000 Jobs At AT&T As Calls Grow For Investigation

AT&T cut more than 23,000 jobs and slashed investment after getting a $21 billion tax cut from Donald Trump and the Republicans.

Jason Easley

Awards and Professional Memberships

Member of the Society of Professional Journalists and The American Political Science Association

http://politicususa.wpengine.com

Mon, May 13th, 2019Mon, May 13th, 2019

Tom Cotton Uses the Troops to Cover Up Trump’s Disastrous Trade War

"There will be some sacrifice on the part of Americans, I grant you that. But also that sacrifice is pretty minimal compared to the sacrifices that our soldiers make overseas that are fallen heroes or laid to rest," Cotton said on Trump's trade war with China.

Sarah Jones

Fri, May 3rd, 2019

The Economy Adds More Jobs, But It Won’t Help Trump In 2020

Another good month of decent job growth looks good on paper but will do nothing to help Donald Trump's reelection chances in 2020

Jason Easley

Awards and Professional Memberships

Member of the Society of Professional Journalists and The American Political Science Association

http://politicususa.wpengine.com

Tue, Apr 30th, 2019

Trump Fed Pick Stephen Moore Wants To Force 11 Year Old Kids To Get Jobs

Trump's Fed choice Stephen Moore has said that he wants to get rid of child labor laws and force 11 and 12-year old kids to get jobs.

Jason Easley

Awards and Professional Memberships

Member of the Society of Professional Journalists and The American Political Science Association

http://politicususa.wpengine.com

Mon, Apr 29th, 2019

Horrible News For Trump As Just 12% Say They Have Greatly Benefited From His Economy

The economy won't be able to rescue Trump and the GOP as the vast majority of Americans aren't feeling great benefit from Trump's economy.

Jason Easley

Awards and Professional Memberships

Member of the Society of Professional Journalists and The American Political Science Association

http://politicususa.wpengine.com

Wed, Apr 17th, 2019Wed, Apr 17th, 2019

96% of Workers Didn’t Get A Pay Raise From Trump’s Tax Cuts

The White House confirmed that the pay raise that Trump promised with his tax cuts for the wealthy has not happened for 96% of workers.

Jason Easley

Awards and Professional Memberships

Member of the Society of Professional Journalists and The American Political Science Association

http://politicususa.wpengine.com

Thu, Apr 11th, 2019

Pelosi says infrastructure bill should be $1 trillion-$2 trillion

LEESBURG, Va. (Reuters) – U.S. House Speaker Nancy Pelosi said on Thursday that legislation to rebuild the country’s infrastructure that Democrats are developing should be worth at least $1 trillion, and she would like to see it be $2 trillion. read more

Reuters

Wed, Apr 10th, 2019

Top U.S. Senate Democrat calls Trump’s Fed picks unqualified

"I don't see the qualifications of Cain or Moore fitting in with the mission of the Fed, which is to conduct monetary policy and not be political," Senator Chuck Schumer told reporters.

Reuters

Wed, Apr 10th, 2019

Moore ‘superbly underqualified’ for Fed, vice chair of joint congressional committee says

Stephen Moore, the economic commentator whom President Donald Trump plans to nominate to the Federal Reserve Board, lacks the expertise and political independence needed to help set interest rates for the U.S. economy, a top Congressional Democrat said on Tuesday.

Reuters

Thu, Mar 28th, 2019

Trump’s Fed pick advocates return to a ‘rule’ that may never have existed

By Howard Schneider

WASHINGTON (Reuters) – In the op-ed column that may vault think tank analyst Stephen Moore to a spot on the Federal Reserve Board of Governors, he argues the Fed could have skirted recent rate hikes and dodged a wave of criticism by tying monetary policy to commodity prices. read more

Reuters

Sat, Mar 16th, 2019

Trump begs General Motors to reopen Ohio plant in tweet

WASHINGTON (Reuters) – U.S. President Donald Trump urged General Motors Co to reopen Ohio plant in a tweet on Saturday, ten days after the plant made its last Chevrolet Cruze.

The last Cruze rolled off the assembly line a week ago Wednesday at GM’s plant in Lordstown, Ohio, the first of five plants in North America to end production this year and ending U.S. production of the Cruze. read more

Reuters

Tue, Mar 12th, 2019

Maxine Waters charges ‘Wells Fargo’s ongoing lawlessness and the failure to right the ship’

By Imani Moise and Pete Schroeder

WASHINGTON (Reuters) – Democratic and Republican lawmakers pressed Wells Fargo & Co Chief Executive Tim Sloan for proof that the bank has moved past a string of customer abuse scandals at a tense hearing in Congress on Tuesday. read more

Reuters