Category Archives: Economics

Democrats Hate Small Business Owners

sunbeam April 10, 2020 Comments Off

The Paycheck Protection Program is an SBA loan that helps small businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. It is a loan designed to provide a direct incentive for businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. At least 75% of the money must be used for salaries.

Loan application processing began April 3^rd. Despite some initial confusion and some capacity issues within the SBA network, the program has been processing applications at a phenomenal rate. Over $75 billion was submitted for approval in the first three business days the program was in operation.

Good News

sunbeam April 9, 2020 Comments Off

As noted many times before, the news keeps rapidly changing on the frontlines fighting the COVID-19 pandemic. As recently as St. Patrick’s Day, models were predicting upwards of 2+ million deaths in the US.

Pelosi Caves

sunbeam March 26, 2020 Comments Off

On Sunday, the news coming out of Washington was that rank-and-file Democrats AND Republicans in the Senate, with the help of the Treasury Secretary, had drafted a bipartisan bill to help Americans through the coronavirus crisis. Sen. Schumer (D-NY), minority leader in the Senate, praised it on CNN saying, “to my delight and surprise there has been a great deal of bipartisan cooperation.”

On Sunday evening Pelosi swooped in from her vacation in California and threw an IED into the process. Schumer received orders from Rep. Nancy Pelosi to reject it. Like good stormtroopers Schumer and the other Democratic Senators snapped to attention and followed orders. Schumer immediately reversed course and called the bill drafted by Democrats and Republicans “a highly partisan Republican bill.” It is amazing how easily politicians can lie with a straight face to the TV cameras.

#PelosiHatesAmericans

sunbeam March 24, 2020 Comments Off

After days of unusual bipartisanship efforts between rank-and-file Republicans and Democrats, the big economic stimulus aid package to help Americans came crashing down Sunday night when Nancy Pelosi jetted in from sipping cocktails on her vacation and said “No.” This happened despite Sen. Schumer praising the set-to-go bill just hours before. So the hopes of hospitals, laid off workers, and small businesses were crushed because Pelosi and Jim Clyburn decided that men using women’s rest rooms and promoting voter fraud was more important than ordinary Americans suffering from the effects of this crisis. ...

Great Numbers

sunbeam March 9, 2020 Comments Off

The Bureau of Labor Statistics released the February jobs report last week that showed 273,000 jobs added in February. This shattered the experts’ predictions that were expecting 175,000. At the same time the BLS updated January and Decembers numbers to reflect 85,000 more jobs than previously reported.

These revisions are an interesting sidelight of the business of reporting labor numbers. The initial numbers due reflect some incompleteness in the reporting so the updates are always instructive. During the Obama administration there were updates on both sides of the ledger. That is, a few months saw increases. Most saw decreases. During the Trump administration the updates have always shown underreporting during the initial release of the numbers. I wonder why that is.

Obama Created Trump Economy, Part 2

sunbeam February 21, 2020 Comments Off

Yesterday former President Obama’s ridiculous tweet that he was responsible for the roaring Trump economy was reviewed.

Obama Created Trump Economy, Part 1

sunbeam February 20, 2020 Comments Off

On President’s Day former President Obama decided to make the ridiculous claim that he is responsible for the Trump economy. Of course, this is just an obvious attempt to distract people from the success that PDJT has brought to the American economy. The Democrats need to have this lie accepted by Americans if they hope to regain the White House in November.

Truth, Justice and Liberty

sunbeam February 10, 2020 Comments Off

Wow! What a week it was! John Fitzgerald Kennedy would not recognize the party he once led. The Democrats have abandoned any and all obligations to truth, justice and liberty. The Democrats showed the nation how incompetent, petulant and childish they are.

On Monday the Democrats demonstrated that they could not run a caucus in a small state (Iowa) and have the results reported in a timely fashion. They blamed the problem on “technical issues” in the reporting software. This software had been developed by some Clinton operatives from the 2016 election. It was funded in part by Pete Buttigieg, one of the candidates.

Winning!

sunbeam January 22, 2020 Comments Off

While the Democrats and their media allies wallow around in their delusions of impeachment, President Donald J Trump is leading the world to an understanding of how to help all people prosper. Many more people from around the world tuned into listen to PDJT’s remarks at the World Economic Forum than tuned into the sham impeachment hearings in Washington.

There was a great deal of international interest in this speech. Essentially PDJT is instructing the world that economics is not the zero-sum game that many of the world’s corrupt politicians would have you believe. That is, just because our economy gets bigger does not mean that other economies must get smaller. PDJT is encouraging world leaders to unleash the potential of their people, to get out of the way and let people prosper rather than trying to exercise top-down control over all aspects of their people’s lives.

PDJT pointed out that the changes that have occurred in America have helped all people, rich and poor, young and old, male and female. A greater percentage of the improvement in the economy has come to the common people of all persuasions rather than the rich.

USMCA Passes

sunbeam January 17, 2020 Comments Off

The USMCA trade deal replacing NAFTA, passed by Mexico more than half a year ago, has finally passed both the Senate and the House in the United States. PDJT is expected to sign it next week. The deal is a major win for manufacturing in North America.

Despite broad bi-partisan support in both legislative chambers in this country, Speaker Pelosi had held up submitting the deal for a vote for months. Pelosi did not want PDJT to have a win in providing a better economy for all Americans. Eventually internal pressure within her own party forced her to move on the issue. No Democrat facing re-election wanted to be the target of voter angst because the Democrats were hurting Americans in their pocketbooks. It is also a certainty that the Democrats did not want PDJT pummeling them about the USMCA during his State of the Union address this year.