Ronald Reagan notoriously once asked, “Where would this country be without this great land of ours?†As ridiculous as Reagan sounded asking that question, the question has taken on a renewed seriousness given Donald Trump’s assault on the American land itself and thus, by extension, we Americans who depend on a safe and well-managed environment…
The White House is pushing Trump’s fantasy of economic greatness by claiming that the economy under Obama was “horrible.”
Donald Trump has spent the past three years as president coasting on the economic successes of his predecessor, Barack Obama.
Donald Trump claims to have created the “greatest economy ever,” but the truth is that his economy is only sixth out of the last ten presidential terms.
Former President Barack Obama reminded everyone who is really responsible for the current economy with a single tweet marking the anniversary of the Recovery Act.
What Americans saw on Tuesday night was more of the same: a president losing his mental grip and gaslighting the country.
What is the story of the U.S. economy? Not unlike the proverbial elephant subject to scrutiny by a band of blind men, the nation’s economy is subject to multiple narrative descriptions depending on which component of the beast, whether our economy or an elephant, the blind man massages. Some media pundits have argued that the…
When Democratic primary candidates were asked last Thursday about the economic policy platforms of their campaigns in light of the fact that Trump’s economy has yielded record-setting stock market performances, historically low unemployment rates, and significant GDP numbers, Andrew Yang’s answer interestingly sounded more like a medical doctor diagnosing America’s collectively failing health than an…
Trump claimed that the economy created 330,000 jobs in October when in reality it created 128,000 and unemployment increased.
President Donald Trump, in comments made at the recent G-7 summit in France, positioned himself as the protector of United States’ wealth, justifying his refusal to address, much less believe in, climate change on grounds that investing in green energy production would damage the nation’s economic standing. The U.S. has “tremendous wealth,†Trump told reporters….
The U.S. economy slowed a bit more than initially thought in the second quarter as the strongest growth in consumer spending in 4-1/2 years was offset by declining exports and a smaller inventory build.
Trump is in real political trouble as for the first time ever in his presidency more voters say the economy is getting worse than say it’s getting better.
The CBO says economic growth is smaller than possible because Trump’s tariffs are hurting business investment by creating uncertainty.
The White House is panicked over a recession because a new poll found that half of Trump’s supporters would blame him if the economy tumbles.
Trump is in denial about the oncoming recession, but his approval rating with voters on the economy has dropped 13 points in a year.
Peter Navarro made a promise that could send Trump to 2020 defeat when said that the economy will be strong in 2020 and beyond.
The White House is panicking because the economy is weakening faster than expected and Trump has no plan to head off a recession.
Former Obama and Clinton economic adviser Gene Sperling named Donald Trump the biggest risk to the US economy.
Robert Reich said that the odds of a recession are now over 50% and that Donald Trump is skating on very thin ice.
When Donald Trump tweets something patently racist, as when he tweeted the squad of four should go back where they came from or when he derided Baltimore as “rat and rodent infested mess,†media pundits can spend days debating whether or not Trump is racist. The idea seems to be that if Trump can be…
Donald Trump likes to claim he is the greatest jobs president that God ever created, but he isn’t even the greatest jobs president of the last five years.
When he resigned his position as Labor Secretary in the Trump administration yesterday, Alexander Acosta explained, “It would be selfish to stay in this position and continue talking about a case that’s 12 year old, rather than the amazing economy we have right now.” For his part, Trump hailed Acosta as “a great labor secretary, 
Trump congratulated himself for an economic achievement that he had absolutely nothing to do with.
Trump’s overall approval rating is at 38%, and he is in negative territory on taxes, handling the economy, and trade. Poll Finds Trump Cratering On The Economy According to the AP/NORC Poll: Nearly two-thirds describe as “good†an economy that appears to have set a record for the longest expansion in U.S. history, with decade-long…
Kamala Harris sent the crowd roaring on Thursday night after she tore Donald Trump to shreds for bragging about an economy that isn’t working for the middle class.
By James Oliphant MIAMI (Reuters) – Democratic presidential contenders defended their ambitious plans to reshape the U.S. economy in the opening minutes of their first debate on Wednesday, saying Republican President Donald Trump’s policies benefited the wealthy at the expense of working Americans. In the first of two back-to-back debates featuring 10 candidates each night,…
Recently Republican Congressman Sean Duffy from Wisconsin, in an interview with MSNBC’s Chris Hayes, framed the looming prospect of Donald Trump’s impeachment as ridiculous. His reason? The economy is supposedly booming. He told Hayes, “They have higher wages, lower unemployment. We’re killing it in Wisconsin. You want to impeach that guy?†Hayes, of course, challenged…
Republican supporters of Trump now think it’s okay for the president to be a criminal if the economy is growing and the jobless rate is falling.
U.S. consumer prices increased by the most in 15 months in April, which could support the Federal Reserve’s contention that recent low inflation readings were transitory and allow the central bank to keep interest rates unchanged for a while.
Because one disastrous trade war with China isn’t enough, Donald Trump is reportedly planning to wage another one against Mexico.
Trump, facing a potentially difficult path to winning a second term in November 2020, on Monday told supporters in Pennsylvania that his trade war had strengthened the battleground state’s steel industry and jobs.
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.
Can we call an economy “successful,†if people living within it are being harmed, not served?
Another good month of decent job growth looks good on paper but will do nothing to help Donald Trump’s reelection chances in 2020
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.
A special report from the Washington Post has revealed that in order to stimulate economic growth, Donald Trump made risky changes in financial rules that could backfire at any time. Trump took the steps so he would look good and receive high approval ratings due to a booming economy. But Trump’s economy is built on…
Speaking to reporters in the Oval Office, Trump said that he is willing to close the border even if it costs the US jobs.
In short, Trump’s policies aren’t helping, and the prospects aren’t looking good.
Republicans and Trump think that they can run on the economy in 2020, but the Trump economy is growing less than Obama’s.
Trump’s recent rants against General Motors and the United Auto Workers for the closing of the Lordstown, Ohio plant where the Chevy Cruze was assembled reveal that Trump indeed has his own version of capitalism, one rooted in an understanding of economics that has little to no resemblance to capitalism.
In honor of Jimmy Carter becoming America’s oldest living president, it is worth noting that as president Carter created more jobs than Donald Trump during his first 25 months in office.
Remember President Donald Trump’s State of the Union addresses last February and in particular in January 2018 amid a wave of teachers’ strikes? Can you recall the talking points he elaborated on the need to support public education? No? Well, that’s because since taking office he’s uttered barely a word about our at-risk public education…
U.S. job growth almost stalled in February, with the economy creating only 20,000 jobs as construction and retail payrolls dropped, which could raise concerns about a sharp slowdown in economic activity.
The county of El Paso has sued Donald Trump for damaging their reputation and economy with his bogus national emergency declaration.
Trump’s speech was light on new initiatives to further stoke growth in an economy seen as losing momentum as it began 2019. A Reuters poll last month forecast economic growth would slow to 2.1 percent this year after likely averaging around 3 percent in 2018.
Another government shutdown could inflict greater harm on the U.S. economy, especially it were to happen only three weeks after the end of the longest ever such closure, Moody’s Investors Service said on Tuesday.
Trump has now fallen into negative territory as more voters disapprove than approve of his handling of the economy. According to the latest Quinnipiac University poll, Trump now has a 45% approval rating on his handling of the economy and a 51% disapproval rating. Two weeks ago, Trump had a 49%/48% (net +1) split on…
Overall, the U.S. economy lost about $11 billion during the five-week period, CBO said. However, CBO expects $8 billion to be recovered as the government reopens and employees receive back pay.
Even though the government shutdown is officially over – for now – the long-lasting effects to the economy aren’t going anywhere.
Economic growth is expected to take a hit in the current quarter because of the shutdown, a Reuters poll of economists showed on Friday, while a dearth of data is already impacting traders in U.S. fixed income and currency markets.
U.S. companies say the shutdown is hurting their businesses and can cause more damage if it persists.
The U.S. economy is taking a larger-than-expected hit from the partial government shutdown, White House estimates showed on Tuesday, as congressional Democrats rejected President Donald Trump’s invitation to discuss the issue.
The Trump economy is finally kicking in. After increasing steadily during the Obama years, the stock market declined substantially in 2018. Many economic experts say that this is a forecast of troubles ahead as 2019 might bring declining economic growth and possibly a recession. It may also bring the end of Donald Trump‘s reign as…
While Trump is still living off successes of the Obama administration in many ways, his economic doctrine is finally starting to fear their ugly head.
Climate change will cost the U.S. economy hundreds of billions of dollars by the end of the century, damaging everything from human health to infrastructure and agricultural production, according to a government report issued on Friday.
Ediotor’s Note: The current economy is no better than it was under President Obama, in fact it is worse if you take into account experts claiming we are heading for a recession, topped off with the instability of the markets and future based on Trump’s unnecessary trade wars and the deficit projected to top $1…
Former U.S. President Barack Obama warned against rhetoric he said was meant to sow fear as he campaigned in support of Democratic candidates while President Donald Trump hammered a hardline anti-immigration message to energize Republicans.
A new report from Axios shows that there may be cracks starting to appear in the booming U.S. economy. The report explains that there are numerous warning signs that an economic slowdown could be ahead after nearly ten years of continuous economic growth in the United States. Although a  jobs report issued Friday showed unemployment…
While Donald Trump was hosting a game show on NBC, then-President Barack Obama was saving the U.S. economy. Now he’s trying to claim credit for it.
Donald Trump said on Monday he was “not thrilled” with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the U.S. central bank should do more to help him to boost the economy.
The AP blasted President Trump for “pulling numbers out of thin air when it comes to the economy, jobs and the deficit†in a fact check.
According to the U.S. Department of Labor (DOL), American workers’ paychecks are worth less than they were a year ago. Despite President Donald Trump boasting about how better off Americans are now, the truth is that for the first time in many years average Americans are losing ground. Economic growth has not meant more prosperity…
Donald Trump and Republicans will try to slap their names all over the current economy, but they deserve zero credit for it.
I’m not trying to talk down a strong economy, but facts still matter even if the president and his supporters don’t think they do.
Contrary to Trump’s assertions, the economy enjoyed periods of robust growth during the Obama administration. GDP growth recorded a 5.1 percent pace in the second quarter of 2014 and the economy experienced four quarters of output above a 4.0 percent rate. Economists also cautioned against putting much weight on the surge in second-quarter growth as one-off factors.
Sen. Elizabeth Warren explained that Trump’s “booming economy” isn’t really booming because the Trump administration policies are making life worse for most Americans.
Instead of the boost to GDP growth this year of about 1.3 percentage points estimated by the Congressional Budget Office and other forecasters, they wrote, “the true boost is more likely to be less than 1 percentage point,†with some studies pointing to as little as zero.
Sen. Pat Toomey (R-PA) said that Trump’s trade war has the potential to do great damage to the US economy.
Every two years, a small league of political scientists and economists fire up computer models they’ve developed to predict who will win the U.S. congressional elections in November.
The International Monetary Fund warned on Thursday that U.S. President Donald Trump’s new import tariffs threaten to undermine the global trading system, prompt retaliation by other countries and damage the U.S. economy.
The clouds over the global economy have darkened, especially since the divisive summit of leaders from the Group of Seven economic powers at the weekend, International Monetary Fund Managing Director Christine Lagarde said on Monday.
Donald Trump was so anxious to brag about “his†latest job growth and unemployment numbers that he broke the law by tweeting about them before they were announced officially by the U.S. government.  Not only does this show how ignorant Trump is about the operations of our government but it also shows that he…
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday offered to help boost Russia’s economy and sought an end to what he called an “arms race,” in an apparent diplomatic overture less than one hour after warning Moscow about pending missile strikes in Syria. “Our relationship with Russia is worse now than it has ever…
The economy is soaring, and so is public optimism about the economy.  You would think this should result in President Trump having high approval ratings, but that is not the case.  Trump’s approval rating based on the average of public opinion polls is stuck at around 41%. This is an historically low number. You…
The truth is being broadcast nationwide as a CNN panelist trashed Trump for slapping his name on Obama’s successful economy.
Some said they were disappointed with the Republican Party’s handling of healthcare and tax reform as well as Trump’s erratic performance. About half also felt that despite an improving economy, living costs are squeezing the middle class.
Trump seems to believe – or at least want you to believe – that this rosy economic picture came out of nowhere, thanks to him.
While speaking about tax cuts for the wealthy, President Donald Trump claimed that he revived the economy before he took office as president.
Even when factoring in the damage from the two major hurricanes that hit Florida and Texas, the Trump economy did worse than projected as the economy lost jobs for the first time since 2010.
An economic assessment by Standard & Poor’s Global Ratings threw more cold water on the bill. If enacted, it would result in 580,000 lost jobs and $240 billion in lost economic activity by 2027, keeping GDP growth “stuck in low gear of around 2 percent at best.”
Britain’s economy is beginning to feel the Brexit pinch, or perhaps given the strong performance of the rest of the world economy, it should be punch.
Reforms put in place after the 2007 to 2009 crisis have strengthened the financial system without impeding economic growth, and any future changes should remain modest, Federal Reserve Chair Janet Yellen said Friday in her fullest defense yet of the rules put in place after the Great Recession.
“It’s like a guy built a house and sold it to someone, and that person walked in and turned the lights on is like, ‘Look at the house I built.'”
After six months of failed policy proposals, unprecedented scandals, and a deteriorating mental state, the Trump train has gone completely off the rails.
Since Trump signed his anti-immigrant executive order, arrests went up 38% and fewer people are trying to enter the U.S. illegally.
At a rally in Iowa, President Trump said that he didn’t want a poor person in his cabinet. At the heart of Trump’s poverty shaming is a belief that poor people aren’t smart and deserving of economic opportunities.
This president can continue to hold campaign rallies and convince himself that those who show up actually represent the vast majority of the country, but they don’t.
No longer able to ride on President Obama’s coattails, Donald Trump was given a dose of economic reality as only half as many jobs were created in March as economists anticipated.
Voters are not being fooled by Donald Trump’s nearly daily barrage of fake news about how he is growing or saving the economy. According to new Quinnipiac University poll, voters are giving former President Obama credit for the economy by a 66%-18% margin.
Undocumented workers contribute 3 percent of GDP, or nearly $5 trillion in economic growth†that will vanish with Trump’s “military action†against Mexican workers.
Before the Trump campaign was even an idea, the economy was growing, the stock market was soaring, and deficits were falling.
When Donald Trump takes office next month, he will be inheriting a country in much better shape than when the current president took office in 2009. For that, he should be saying, “Thanks, Obama.”
The statement on the latest jobs numbers from Trump’s economic adviser bordered on delusional. Instead of discussing the pre-recession level unemployment rate or the hundreds of thousands of private sector jobs created, Team Trump is pretending like the good economy doesn’t exist.
The Obama recovery surged by adding 178,000 new private sector jobs in November. This is the equivalent of 178 Trump deals with Carrier at zero cost to taxpayers.
By tapping into those economic worries, Trump captured about two-thirds of whites with no college degree, exit polls showed. That helped him gain the razor-thin margin of victory he needed in Ohio, Pennsylvania, Wisconsin and Michigan – all picked up by President Barack Obama in 2012 – to win the Electoral College, despite losing the popular vote.
Trump’s infrastructure plan is another buy now pay later short-term gimmick that will cost the economy dearly in years to come.
Donald Trump’s message that everything in the U.S. is crap and we are all drowning in economic hardship that only Trump can fix got slapped down today as the U.S. economy “roars backâ€.
It all came together. Lots of employment and wage gains, particularly in the lowest-paying jobs, combined with minimum-wage increases that hit some very large population areas.
Germany’s economy ministry believes a Donald Trump presidency would severely damage the U.S. economy, according to an internal memorandum reported by Der Spiegel magazine on Saturday.
President Obama’s economy has a surprise planned for late October that could be the final nail in the political coffin of Donald Trump.
While campaigning for Hillary Clinton in Philadelphia, President Obama destroyed every Republican economic argument for electing Donald Trump in 90 seconds
