Huge Second-quarter GDP Gains; Some Say Unsustainable
President Trump’s celebrated huge second-quarter GDP gains, and on cue, the naysayers came out of the woodwork, explaining why the second quarter’s numbers were so strong. ...
About: Bob Adelmann
Posts by Bob Adelmann
The Trump-Juncker “Deal” Isn’t Such a Great Deal
The “deal” that President Trump and European Commission President Juncker made had little to do with cutting tariffs and and everything to do with persuading Trump to agree to...
Socialist Ocasio-Cortez Stumbles When Asked Common-sense Questions
Upon close inspection, the bright shining Democrat star from the Bronx, Alexandria Ocasio-Cortez, isn't quite so bright after all. ...
China’s Slowing Economy Comes at Perfect Time for Trump
Trump the negotiator most likely welcomes Chinese difficulties as leverage to get a fairer trade deal for the United States. ...
Possible Release of Some U.S. Strategic Petroleum Reserves Sends Oil Prices Down
As several oil disruptions around the world are occurring, OPEC is close to maxing out its production, so prices have risen, but Trump has intervened. ...
Federal Deficit Up 16 Percent Following Tax Reform
In the first nine months of the present fiscal year, total federal revenues were $2.54 trillion, while total federal spending was $3.15 trillion, leaving a deficit of $607 billion....
Claims for Unemployment Insurance Drop Again, Near 50-year Low
The U.S. economic juggernaut continues to power ahead, with unemployment reaching new lows. ...
EIA: U.S. Shortly to Become “the World’s Leading Producer of Crude Oil”
The U.S. Energy Information Administration (EIA) proclaimed on Tuesday that, if its forecasts are correct, the United States will soon be the world’s leading producer of crude oil. ...
Trump Supreme Court Nominee Brett Kavanaugh Relies Heavily on Judicial Precedents
Although Judge Brett Kavanaugh has stated that judges should not make law, his judicial record shows that he relies heavily on past judicial precedents that have often been in conflict...
Politics Reduces Trump’s Picks for Supreme Court Down to Two
In Donald Trump's choice of a new Supreme Court judge, there are no bad choices, just expedient ones. ...
U.S. Economy “Not Running Out of Workers”; Latest Jobs Report Shows More Gains
The jobs report from the Bureau of Labor Statistics (BLS) released on Friday showed more than 600,000 people entering or re-entering the workforce. ...
ADP: U.S. Economy Added 177,000 Jobs in June; May’s Numbers Revised Upward to 189,000
The U.S. economy continues to hum along, according a report by the human services company ADP, and likely to be confirmed by the Bureau of Labor Statistics (BLS) on...
Harvard-Harris Poll: Seven of 10 Registered Voters Want to Keep ICE
If Democrats continue to push the "abolish ICE" movement, they will lose badly in November. Perhaps fatally. ...
Help for Motorists Is Coming as Crude-oil Prices Drop Sharply
Tuesday’s sharp drop of two dollars per barrel for crude will, within weeks, push gas prices back down, perhaps to as low as $2.50 a gallon by the end...
Retaliatory Tariffs on American Exports Announced by Canada, EU
Canada and the European Union retaliated when President Trump’s tariffs kicked in on July 1. ...