Category Archives: Economics

Jeffries Gaslights America

grampslcf November 7, 2025 Comments Off

On Friday’s broadcast of CNN’s “The Arena,” House Minority Leader Rep. Hakeem Jeffries (D-NY) blamed Republicans for the Schumer shutdown. Jeffries said the Republicans are “asking Democrats to support a partisan Republican spending bill that continues to gut the health care of the American people.”

There is no spending bill being debated. This is a continuing resolution to fund the government. There are no poison pills attached. Of course, the Democrats would like to add a few poison pills.

There is no gutting of health care for the American people. That took place many years ago when Pelosi said we had to pass a bill (Obamacare) to find out what was in it. Since then, health care costs have skyrocketed while health care outcomes have gotten worse.

Democrats Exposed

grampslcf November 1, 2025 Comments Off

Has Elon Musk turned X in a global town square? If so, two Democratic Senators just got roasted in public. Treasury Secretary Scott Bessent publicly humiliated two of his least favorite Senators.

Shutdown

grampslcf October 2, 2025 Comments Off

The federal government began to shut down at 12 a.m. on Wednesday as lawmakers failed to resolve a dispute over spending, leading to the first lapse in funding in nearly seven years. The House had passed a continuing resolution bill that would have kept the government open but the Democrats in the Senate torpedoed the bill.

Inflation Numbers

grampslcf August 13, 2025 Comments Off

The Bureau of Labor Statistics (BLS) released the July inflation data today [RELEASE HERE]. Overall, inflation remains low and stable with a July outcome of 0.2 percent, 2.7 percent year over year.

The prices for highly consumable goods like food at home are declining, meanwhile the prices of long-term durable goods are ticking up. Put another way, the prices of the stuff we export are lower, the prices of the imported durable goods are a little higher. Put them together and the aggregate inflation is stable.

2nd Quarter Economic Results

grampslcf July 31, 2025 Comments Off

The Bureau of Economic Analysis (BEA) releases the GDP data for the second quarter (Q2) and it shows a 3.0% jump in economic growth. While many mainstream economists are saying that this was unexpected, that just shows the lack of economic understanding within Big Media.

Trade Deals

grampslcf July 28, 2025 Comments Off

While I have been preoccupied with the seditious scandal being exposed with facts from DNI Tulsi Gabbard, the wheels of negotiation have continued to churn. The clock has been ticking down to deadlines set by PDJT. Word has been leaking out that China and the EU are working hard to come to a deal before the deadlines expire.

On Wednesday the White House announced that Japan has come to a trade agreement with America.

Let’s be reminded that Japan essentially did not want to face a 25% tariff on automobiles exported to the USA. At the same time, they did not want to permit full USA access to several sectors of their market. The solution that the Commerce Department has come up with is quite remarkable.

Odds & Ends

grampslcf July 15, 2025 Comments Off

The “mostly peaceful” protests are back. The farm raids out in Camarillo, California once again gave us the opportunity to see these protesters at their finest…and to see the media giving them a pass when they are not.

It Is Done

grampslcf July 7, 2025 Comments Off

President Trump signed the BBB bill on Friday. The BBB trims spending for the first time in memory and cuts income taxes on tips and overtime and sort of exempts Social Security with a $6,000 tax deduction for those of us 65 and older.

The bill also makes the 2017 tax cut permanent. Everyone benefitted from that tax cut from those who paid little to those who paid a lot. No Democrat supported the BBB. The Democrats wanted the tax cuts to expire. That would have resulted in the largest tax increase in American history. Let’s remember that in 2026 when the Democrats are looking to win back the House and Senate.

By The Numbers

grampslcf June 3, 2025 Comments Off

All of the economic numbers continue to show steady progress in the right direction for America. This is what the people of America voted for last year. Of course, they also voted for stopping the disaster at our borders. Both promises are being kept.

Trade Court Stayed

grampslcf May 30, 2025 Comments Off

Anyone who has followed the tariffs saga knows that the Trade Court issued an injunction stopping the imposition of tariffs. The Trump team did their legal due diligence in several aspects of the tariff/trade deficit reset strategy. It does not appear the New York trade court looked at any of the supportive material from the USTR and the Dept of Commerce.

A full panel of U.S. Court of Appeals for the Federal Circuit granted a “stay” and paused the lower court ruling pending full appeal outcome and possible Supreme Court intervention. [Ruling pdf Here] The President Trump trade tariffs remain in place, and the ridiculous court-ordered refunding of previously collected tariffs is set aside.