Economic Profile of 50 States Reveals Republicans Represent the Poor, Democrats the Rich

ㅤ"If America’s poor states remain Republican at the bottom, so will our Electoral College and the Republicans’ growing ability to win the presidency and control the Senate with a minority of the national popular vote."

Full story at Breitbart. Posted here on 10/21/18. See "household income, poorest states, richest states, republicans."

Trump applauds House GOP tax bill: ‘We are just getting started’

ㅤ”I applaud the House Ways and Means Committee for introducing the Tax Cuts and Jobs Act, which is another important step toward providing massive tax relief for the American people,’ the President said in a statement shortly after lawmakers announced the specifics of the long-awaited tax bill.
ㅤ’My tax reform priorities have been the same since day one: bringing tax cuts for hardworking, middle-income Americans; eliminating unfair loopholes and deductions; and slashing business taxes so employers can create jobs, raise wages, and dominate their competition around the world,’ the President said.”

Full story at The Washington Examiner, image from trbimg(.com) • congress, donald trump, economy, house of representatives, house republicans, household income, jobless claims, jobs, labor force, middle class, middle-income, potus, president, tax break, tax cut, tax cuts, tax plan, tax rate, tax reform, taxes, taxpayer funds, the hill, workforce, working class • Go here to reblog this post (browser only).

Wealth gap grows after recession as minorities struggle to recover

ㅤ”Most Americans are still struggling to recover wealth lost during the worst recession in modern history, but those on the higher end of the economic spectrum are rebounding much faster, according to new government data.
ㅤThe rising inequality is most pronounced along racial lines. White households, especially wealthier whites, have recovered well. Black and Hispanic households are taking far longer to recover, however, fueling a growing chasm between those with financial means and those without.”

Full story at The Hill, image from thehill(.com) • african american, black, economy, household income, jobless claims, jobs, labor force, middle class, racism, tax break, tax cut, tax cuts, tax plan, tax rate, tax reform, taxes, taxpayer funds, workforce, working class • Go here to reblog this post (browser only).

The Trump Economy Keeps Humiliating His Critics

ㅤ”Critics scoffed when President the President unveiled his budget proposals last spring. They might not be scoffing much longer.”

Story at Breitbart, image from breitbart(.com) — #china #chinese #donald trump #economy #household income #jobless claims #jobs #labor force #middle class #potus #president #trade deficit #workforce #working class — Visit the post page to like, share or reply to this post.

Trump Admin Tightens H-1B Guidelines to Keep American Workers from Being Replaced by Foreign Labor

ㅤ”A new directive by President Trump’s administration seeks to prevent American workers from being replaced by foreign labor by making it increasingly difficult for foreign nationals to continuingly have their guest worker visas renewed.”

Story at Breitbart, image from reuters(.com). #economy #globalists #green cards #h-1b #household income #illegal aliens #illegal immigrants #immigrants #immigration #immigration reform #jobless claims #jobs #labor force #middle class #migrants #trump administration #visas #white house #workers #workforce #working class — Visit the post page to like, share or reply to this post.

Poll: A majority of white Americans believe whites are discriminated against

ㅤ”According to a new poll from NPR, the Robert Wood Johnson Foundation, and the Harvard T.H. Chan School of Public Health, 55 percent of white Americans believe there is discrimination when it comes to issues such as hiring practices, college admissions, and government help.”

Story at The Washington Examiner, image from wordpress(.com). #economy #household income #jeff sessions #jobless claims #jobs #labor force #middle class #workforce #working class #discrimination — Visit the post page to like, share or reply to this post.

House Republicans Might Add Millionaire Bracket in Tax Plan

ㅤ”Those who make more than $1 million per year will not receive a tax cut.”

Story at Breitbart, image from pinterest(.com). #congress #economy #gary cohn #house of representatives #household income #irs #jobless claims #jobs #labor force #middle class #steve bannon #steven mnuchin #tax cut #tax cuts #tax plan #tax rate #tax reform #taxes #working class #ways and means — Visit the post page to like, share or reply to this post.

What Trump gets wrong about 401(k)s

ㅤ”Retirement savings plans, though pitched as policy for everyone, aren’t very evenly distributed throughout the income ladder. According to a 2009 survey, most workers in the bottom quarter of the income distribution don’t even have access to workplace retirement benefits. In the top quarter, 73 percent of them do. And the rich are more likely to participate in those plans: 94 percent of high-income workers who have access to workplace retirement benefits use them, compared to just 72 percent of low-income workers. In turn, the rich receive most of the benefits from retirement tax breaks.”

ㅤô¿ô …My company’s plan was irresistible because of matching payments.

Story at Politico, image from form9465(.com). #donald trump #economy #household income #irs #jobless claims #jobs #labor force #middle class #middle-class #potus #president #tax break #tax cut #tax cuts #tax plan #tax rate #tax reform #taxes #working class #401(k #retirement savings — Visit the post page to like, share or reply to this post.

Food Industry Sets Tuesday Vote To Import 1 Million Visa-Workers

ㅤ”Farm industry lobbyists and the GOP chairman of the House Judiciary Committee will try again on October 24 to pass a bill that would let companies import an army of 1 million low-wage visa-workers for a wide variety of Americans food-sector jobs.”

Story at Breitbart, image from breitbart(.com). #economy #globalists #green cards #household income #illegal aliens #illegal immigrants #immigrants #immigration #immigration reform #jobless claims #jobs #labor force #middle class #migrants #visas #working class #h-2c — Visit the post page to like, share or reply to this post.

FACT CHECK: Has The US Economy Annually Grown ‘At Less Than 2%’ During The Past Decade?

ㅤ”Verdict: True.”

Story at Check Your Fact, image from checkyourfact(.com). #economy #gdp #gross domestic product #household income #james lankford #jobless claims #jobs #labor force #middle class #working class — Visit the post page to like, share or reply to this post.

Dems Intent On Sticking To The Same ‘Identity Politics’ Play Book That Lost Them 2016

ㅤ”The working class of this country is being decimated — that’s why Donald Trump won,’ Bernie Sanders said. ‘And what we need now are candidates who stand with those working people, who understand that real median family income has gone down.”

ㅤô¿ô …Bernie actually gets it. But the skyscraper and slums party never will.

Story at The Daily Caller, image from alternet(.org). #bernie sanders #democratic party #democratic socialists #democrats #economy #household income #identity politics #jobless claims #jobs #labor force #middle class — Visit the post page to like, share or reply to this post.

Breaking tradition, former presidents sparring with Trump

ㅤô¿ô …The division is not complicated. Today’s politics is longer blue vs. red. It’s globalism vs. economic nationalism. While the majority of Dem Politicians, GOP politicians and the media are globalists, our current President is not.

Story at The Associated Press, image from thehill(.com). #donald trump #economic nationalism #economy #globalists #green cards #household income #jobs #middle class #potus #president #travel ban #trump administration #vetting #visas #white house — Visit the post page to llke, share or reply to this post.

Jobless claims drop to lowest level in 44 years

Story and video at The Washington Examiner.

ㅤ”Low jobless claims are a good sign. They suggest that layoffs are infrequent and accordingly that net job growth is strong. Because the claims numbers are aggregated from state unemployment agencies weekly, they are valued by investors and government official as a high-frequency gauge of the economy’s health.”

ㅤImage from washingtonexaminer(.com). #economy #household income #jobless claims #jobs #labor force #middle class – Go to reblog (browser only).

ICE To Step Up Operations Against Companies That Hire Illegal Immigrants ㅤ ㅤ ㅤ……

ㅤ”‘We’re going to do it a little differently than we’ve done it,’ Thomas Homan said. ‘We’re going to prosecute the employers who knowingly hire illegal aliens, and we’re going to detain and remove the illegal alien workers.'”

Story at The Daily Caller, image from dailycaller(.com). #economy #household income #immigrants #immigration #immigration reform #jobs #middle class #migrants #thomas homan #trump administration #white house – Go to reblog (browser only).

White House study: Corporate tax cut will provide huge boost to wages ㅤ ㅤ ㅤ ㅤ……

Story at The Washington Examiner, excerpt at the DC Drain, image from cnbc(.com).

Kevin Hassett

ㅤ”President Trump’s goal of lowering the corporate tax rate will boost the average family’s income by $4,000 to $9,000 each year, according to a new analysis released Monday by his new economic adviser.
ㅤKevin Hassett, the newly-installed chairman of the Council of Economic Advisers, published a brief paper finding the corporate tax cut would provide a massive boost to household income, based on a ‘conservative estimate’ of the relationship between corporate tax rates around the world and wages.”

#economy #household income #jobs #kevin hassett #middle class #tax cut #tax plan #tax rate #tax reform #taxes #trump administration #white house #corporate tax systemGo to reblog.