The Trump Economy

[Hank II]

How much detail?

 

400-500 words.

[Chef Jim]

How much detail?

Stop being an idio...... Oh sorry. Didn't me to ask the impossible of you.

[Tiberius]

Stop being an idio...... Oh sorry. Didn't me to ask the impossible of you.

Or me you...

[Chef Jim]

Or me you...

 

Waiting........................

[Tiberius]

 

Waiting........................

Me too

[IDBillzFan]

 

Remington Arms Co. reportedly is laying off about 120 workers at its gun manufacturing plant in Herkimer County.

WIXB950 said Wednesday that employees at the Ilion factory, Herkimer County's largest employer, reported that approximately 120 workers "are being shown the door."

The radio station said a company letter addressed to employees stated that 122 union positions were being cut from Ilion and 16 workers were being laid off from the Remington's plant in Lexington, KY. CEO James Marcotuli blamed slowing orders and increased inventory for the cuts, the station said.

The Washington Post reported earlier this week that gun sales nationwide have slowed dramatically since Donald Trump's election as president.

http://www.syracuse.com/news/index.ssf/2017/03/remington_arms_laying_off_120_in_upstate_new_york_report.html#incart_river_home

Thanks Trump. If only we still had Obama to finish taking away everyone's guns and restore demand.

 

 

It takes a leftwing nutbag to think the elimination of 122 union positions is bad in any situation.

[Chef Jim]

Me too

So once again you've got nothing.

[PastaJoe]

Sean Spicer actually had the nerve to embarrass himself by offering Trump's explaination for suddenly taking credit for good job numbers now, when he dismissed them when Obama was president: "I talked to the president prior to this, and he said to quote him very clearly: 'They may have been phony in the past, but it's very real now.'" You cant make this up!

 

It's like a running back running the ball from his own 1 all the way to the other team's 1, then the fullback comes in and runs 1 yard for a TD and takes credit for the winning drive. Pure arrogance.

[IDBillzFan]

Pure arrogance...

 

...meet pure meltdown.

[B-Man]

Pasta's just parroting the media line.

 

The job numbers were never disputed........it was how it was twisted into the "falling" unemployment rate, that was always questioned.

 

Now the media is trying to conflate Monthly job numbers with the unemployment rate as a way of taking credit away from Trump.

 

 

Only the Gators, Pastas, and Baskins fall for it.

[grinreaper]

Sean Spicer actually had the nerve to embarrass himself by offering Trump's explaination for suddenly taking credit for good job numbers now, when he dismissed them when Obama was president: "I talked to the president prior to this, and he said to quote him very clearly: 'They may have been phony in the past, but it's very real now.'" You cant make this up!

 

It's like a running back running the ball from his own 1 all the way to the other team's 1, then the fullback comes in and runs 1 yard for a TD and takes credit for the winning drive. Pure arrogance.

I watched that daily briefing and that was said at the beginning and was done in a joking manner. Obama had 8 years of schitty economic progress but I guess that was just a lead-up to February's numbers? A lot of good numbers come from the hope that people have with Trump's stated policies. Just like the Wall Street numbers.

Edited March 12, 2017 by grinreaper

[RaoulDuke79]

I can't imagine a worse job than being Trump's press secretary.

[B-Man]

WaPo: Trump’s budget aims at historic reduction of federal workforce

 

 

ROGER KIMBALL: A Modest Proposal For Shrinking The Government.

[row_33]

Reagan put his plan into place stating it would cause an even worse fall into a massive recession (carter started it) and it was brutal.

 

And he won easily in re-election, against a media that was as hostile to him as they are to Trump. And people actually watched the news or bought a newpaper back then.

[B-Man]

No need to jam up Gator's hysterical E.P.A. thread........................

 

 

 

ANTI -

 

Trump’s Ridiculously Skinny Budget.

 

In order to offset a proposed $54 billion bump in defense spending, the administration wants to take a chunk out of most other federal agencies, often in the most cartoonishly villainous ways possible. Eliminating the Corporation for Public Broadcasting? Check. The Low Income Home Energy Assistance Program, which helps people pay their heating bills? Gone. The Chemical Safety Board, which investigates chemical accidents at federal facilities? See ya.

But those sort of programs amount to rounding errors in the context of the federal budget. The big proposed hits are to the State Department (nearly 30 percent), Environmental Protection Agency (31 percent), Agriculture Department (21 percent) and Department of Labor (20 percent).

And again, this is all to fund a 10 percent increase for the Pentagon, not even to reduce the precious deficit that conservatives always pretend to be worried about.

 

 

 

 

Longterm, entitlement spending is going to break us, and it’s a pity that Trump hasn’t shown any more guts on entitlement reform than any of his predecessors. But as for the rest, “elections have consequences.”

 

 

 

 

and PRO - “It is time for the taxpayer to stop subsidizing programs that are really lefty charity cases masquerading as the public interest.”

Edited March 16, 2017 by B-Man

[B-Man]

A review for those interested.

 

 

Cuts to EPA, State Department

Trump wants to give the EPA $5.7 billion, a cut of $2.6 billion. This estimate is 31% lower than 2017 level. This includes:

• $2.3 billion for the State Revolving Funds
• $20 million for the Water Infrastructure Finance and Innovation Act Program
• Discontinue funding for Clean Power plan, international climate change programs, climate change research and partnership programs, and related efforts
• Eliminates more than 50 EPA programs, including Energy Star and Targeted Airshed Grants

The State Department will receive a $25.6 billion budget under this proposal, a cut of $10.1 billion. That’s 28% lower than it got in 2017. The plans for the State includes:

• $2.2 billion for new embassy construction and maintenance in accordance with the Benghazi Accountability Review Board
• $3.1 billion for security assistance to Israel
• Eliminate the Global Climate Change Initiative, eliminate funding related to the Green Climate Fund and its two precursor Climate Investment Funds.
• $1 billion to Gavi, the Vaccine Alliance and keep current commitments to those on HIV/AIDS treatment under the President’s Emergency Plan for AIDS Relief
• Reduce funds to the UN and affiliated agencies. The U.S. will not contribute more than 25% to UN peacekeeping efforts.
• Savings can go to funding for humanitarian assistance: food aid, disaster, and refugee programs
• Reduce funds to Department of State’s Educational and Cultural Exchange Programs, multilateral development banks like the World Bank.

Slight Decreases for Justice Department

The Justice Department faces a 3.8% deduction to only $27.7 billion for 2018:

• Budget $249 million for the FBI, which is a 3% increase from 2017
• Use $175 for the department to target the most violent criminal organizations and drug traffickers to address violent crime, gun deaths, and opioid abuse.
• $80 million increase to hire 75 more immigration judges.
• Hire 60 more border enforcement prosecutors and 40 deputy U.S. Marshals
• Eliminate $700 million spending on outdated programs
• Saves a billion in Federal prison construction since the population has gone down 14% since 2013.

Eliminate Independent Agencies

The budget also proposes eliminating a few independent agencies, a few sacred cows to the left. These include the National Endowment for the Arts and the National Endowment for Humanities.

 

Quick question: Why don’t these millionaires and billionaires fund these programs then?

 

Other agencies include the Corporation for Public Broadcasting, which helps fund PBS and NPR. Politico immediately brought up Big Bird and Sesame Street, but HBO already picked up the show. Episodes still run on PBS.

 

Again, if its so sacred, then why can’t the elite Hollywood people pay for it?

 

Other Considerable Cuts

The proposal suggests a $59 billion budget for Education, a cut of $9 billion or 13% lower than 2017:

• Increases investments in public and private school choice by $1.4 billion for a total of $20 billion.
• Maintains $13 billion for IDEA programs for special needs students.
• Eliminates Supporting Effective Instruction State Grants program, 21st Century Community Learning Centers, Federal Supplemental Educational Opportunity Grant programs
• Protects support for Historically Black Colleges and Universities and Minority-Serving Institutions

The Labor Department will have a $9.6 billion budget, a cut of $2.5 billion or 21% lower than 2017:

• Reduces funds towards ineffective, duplicate, and peripheral job training grants.
• Decreases support for job training and employment service formula grants, letting the states handle that.
• Eliminate the Occupational Safety and Health Administration’s unproven training grants.
• Expands Reemployment and Eligibility Assessments

 

http://legalinsurrection.com/2017/03/trumps-budget-cuts-some-departments-to-reallocate-funds-for-defense/#more-206020

[Spurna]

[Tiberius]

I watched that daily briefing and that was said at the beginning and was done in a joking manner. Obama had 8 years of schitty economic progress but I guess that was just a lead-up to February's numbers? A lot of good numbers come from the hope that people have with Trump's stated policies. Just like the Wall Street numbers.

Trump has inherited a nice situation from Obama

[IDBillzFan]

 

Belt. Meltdown. Ever.

[Doc Brown]

Cutting funding for Meals on Wheels may be overdoing it a bit considering the older you were the more likely you voted for Trump. I know we need more funding for a big/bad military to make up for our big/bad military, but cutting Meals on Wheels won't go over well.