The Gross Domestic Product (GDP) of a country is the value of goods and services produced during a specific time period. The President of the US believes that US GDP is sluggish (a reasonably accurate assessment given 1.6% growth in 2016), and that the way to stimulate the economy (and thus increase GDP) is through … More GDP: Taxes, Spending, & Trade
There is a growing list of retail outlets that are choosing to no longer carry Trump brand products, or in some cases no choosing to promote the brand. In this case we’re speaking to Ivanka Trump’s products. The President has unsurprisingly been very vocal about the lines choosing to part ways with his daughter’s products, … More The Trump Brand
A coworker wondered why there is such a fuss among some about establishing a wall along the southern border. He asked, why shouldn’t we stop the influx of immigrants that are depleting our resources and taking jobs? Why shouldn’t we stop the flow of drugs coming into the country? Why shouldn’t we limit the movement … More What’s wrong with a wall?
President Trump’s administration suggested the idea of a 20% tax on imports from Mexico to cover the potential costs of the proposed border wall with Mexico. The administration made clear that this was only on possible way to recoup costs, but it is one they are at least considering. Is this a good idea? Probably … More Is Taxing Goods from Mexico a Good idea?
President Elect Trump threatened German and Japanese auto manufacturers with lofty tariffs on imported cars that are manufactured in Mexico, as reported by Reuters earlier today. This is ostensibly to encourage these auto-makers not to increase investment in Mexican manufacturing of vehicles meant for US markets, and possibly to impact declining exports of US manufactured … More Tariff-ying Trump!
A press release issued yesterday by the Census Bureau indicates some positive economic trends. As an overview: – Median incomes increased from 2014 to 2015 by 5.3% and 5.4% respectively for family and non-family households. – All racial demographics except “Asian” saw significant increases (6.1% for “Hispanics,” 4.4% for “non-Hispanic white,” and 4.1% for “black” … More Improved Economic Indicators