Category Archives: The Economy

A REAL look at the Undoucumented….

Then NY Times does an in-depth look at those more than 11 million people who are in the United State’s without documentation….

The look at the countries they are from , which isn’t just Mexico , although the majority are….The countries listed are Guatemala, El Salvador, Honduras , China, India , Korea and more…

The piece points out about 60% of those here have been in this country for over a decade and many have American born children…

Yes, every year hundreds of thousand of undocumented people commit crimes and ARE deported…But that group is thought to be about 3% of the total here…

The piece also touches on the fact that a good number of documented visitors to this country simply have their stays go over their time they are supposed to leave due to the fact that have settled down with roots in America…

Hearings for some people are backlogged several years…

The chances of Congress seating down and legislating some sort of forward thinks immigration reform law is remote….

So the problem for people and the government continues…

In the public’s mind, the undocumented — the people living here without permission from the American government — are Hispanic, mostly Mexican and crossed the southwestern border in secret.

In the eyes of their advocates, they are families and workers, taking the jobs nobody else wants, staying out of trouble, here only to earn their way to better, safer lives for themselves and their children.

At the White House, they are pariahs, criminals who menace American neighborhoods, take American jobs, sap American resources and exploit American generosity: They are people who should be, and will be, expelled.

Illegal immigrants can be many of these things, and more. Eleven million allows for considerable range, crosshatched with contradictions.

There may be no more powerful symbol of how fixedly Americans associate illegal immigration with Mexico than the wall President Trump has proposed building along the southern border. But many of the unauthorized are not Mexican; almost a quarter are not even Hispanic…..


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Trump makes more Promises in Speech to Congress…

..from the Washington Post….

Trump condemns anti-Semitic threats, vandalism
President Trump delivered his first address to a joint session of Congress Tuesday night, laying out the agenda for his presidency and, in broad terms, his vision for the country.Pulling upon his campaign speeches and others since taking office, the president ran off a list of accomplishments since taking office and issued promises for the year ahead.

Trump highlighted new lobbying restrictions, and executive orders he put in place to reduce regulations, restart halted oil and gas pipelines, and crack down on illegal immigration.

“Above all else, we will keep our promises to the American people,” Trump said.
Reiterating a much-repeated promise, Trump vowed midway thorough his speech to “repeal and replace” the Affordable Care Act but stopped short of resolving disagreements among Republicans about how to do that.

In one of the speech’s tenser moments, House Minority Leader Nancy Pelosi (D-Calif.) who was seated in the audience, looked on, shaking her head as Trump criticized the law. Pelosi helped then-President Barack Obama pass the law and has sharply criticized Republicans for trying to undo it. Trump appeared to be pointing someone out in the crowd when he called the law a “disaster.” It was not immediately clear whether he was singling out Pelosi or someone else.

Trump told a series of stories to highlight his calls for reforms to the Food and Drug Administration and public education….

He touted “billions” in new investments by American companies in the weeks since his inauguration, seeking to highlight the actions his administration has taken to keep his campaign promises….

He did call for Republicans and Democrats to work toward reforming the immigration system into a merit-based program focused on the “well-being of American citizens.”

Trump argued that the country’s current focus on low-skilled immigration hurts American workers and strains the country’s finances.

The comments come hours after Trump said in a meeting with journalists that he would support comprehensive immigration reform efforts with a pathway to legalization for law abiding immigrants….

Later in his speech, there were some audible groans in the crowd as Trump announced that he has ordered the Department of Homeland Security to create on office to address victims of crimes committed by undocumented immigrants. The office is called “VOICE” — which stands for “Victims of Immigration Crime Engagement.”….


The speech..annotated….

image…The Hill

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Trump Budget request is for 10% INCREASE in Defense spending …Cut’s everywhere else

All NONE Defense and National Security executive agencies and Foreign Aide will be asked to make cuts …..

Remember folks….

Congress decides HOW the Federal revenue is spent …..

There is NO WAY this budget request will pass, even with a Republicans led Congress….

Anybody remember the budget sequester?

(This is ANOTHER example of people who do NOT know what they are doing trying to run a country…)

The Trump administration is proposing a budget it says will increase defense spending by $54 billion and cut non-defense spending by the same amount.

The White House is sending a topline budget proposal reflecting those figures to federal agencies on Monday afternoon, according to an Office of Management and Budget official.

The official provided no specific details during a call with reporters about the rest of the budget, including the baseline figure being used for the cuts or over what period they would be made.

“Most federal agencies will see a reduction as a result,” the official said, with cuts falling most heavily on “lower priority” programs as well as foreign aid.

When asked where the extra $54 billion will be spent, the official said “predominantly it will go to the Pentagon,” but declined to name specific offices.

The White House would not permit the official to be named, even though the president last Friday personally condemned the use of anonymous sources.

The budget would fundamentally alter a set of spending rules known as the sequester brokered in a 2013 deal between President Obama and Congress….



Presidential Budgets ARE Political statements….


The budget would fulfill Mr. Trump’s campaign promise to shock Washington by slashing the government work force — but it is virtually ensured to be discarded by Hill Republicans who see many of Mr. Trump’s cuts as too rushed, indiscriminate and reckless.

“You can’t drain the swamp and leave all of the people in it,” Mick Mulvaney, the White House’s budget director, said during a briefing on Wednesday.

The budget would cut the Environmental Protection Agency by 31 percent, the State Department by 28 percent and Health and Human Services by 17.9 percent. Funding to several smaller government agencies that have long been targets of conservatives — like the Legal Services Corporation, the Corporation for Public Broadcasting, the National Endowment for the Humanities and the National Endowment for the Arts — would be axed entirely.

The chances of Mr. Trump’s first budget passing Congress in its current form are slim. Many of the proposals would be nonstarters for Democrats, and some would be problematic for Republicans…


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Democratic Governors to work on Jobs…

It’s Jobs Stupid!…

As Democrats battle President Trump on a multiplying array of issues, from immigration and climate change to health care and transgender rights, a group of Democratic governors is pressing the party to set one concern above all the rest: jobs.

Gathered in Washington for a conference of the National Governors Association, Democratic leaders from the states expressed optimism that Mr. Trump had opened the way for a Democratic comeback by governing from the hard right and in a haphazard manner.

But they also warned that voters might not embrace Democrats as an alternative to Mr. Trump unless they presented themselves convincingly as champions of job creation, which they struggled to do in last year’s presidential election. Mr. Trump’s unpopularity, several governors said, will not necessarily usher Democrats back to power on its own — they must frame all their priorities in economic terms.

Gov. Gina M. Raimondo of Rhode Island, a Democrat who is in her first term, said her party had too often failed to put jobs and economic opportunity at the forefront of its agenda. Democrats had erred, she said, by treating jobs merely as one issue in a “check list” of positions….


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Wall Street gets nervous about Trump’s ability to produce…

Reality setting in folks….

In the true Donald Trump fashion of selling stuff he can’t make happen ….

Wall Street analysts are pumping the brakes on the Trump stock market rally.

Experts are adjusting their expectations of how long it will take for President Trump to follow through on campaign promises to unlock domestic investment and cut back on regulatory red tape.

Stocks have rallied since Trump’s election, with the Dow Jones Industrial Index reaching unprecedented heights and billions poured into funds that track U.S. stocks.

But financial analysts and other stock traders say a lack of clarity from the administration on economic policies — along with constant distractions in the White House — are delaying key measures to boost the economy.

“People need to be a little more sanguine and not be afraid of missing out, because what they could be missing out on is a major-league correction,” Daniel Alpert, an investment banker and economist, told The Hill. ”That’s a fairly risky position to be in.”

Trump’s pledges to cut regulation, “dismantle” Dodd-Frank, bolster U.S. manufacturing, reform taxes and deliver ambitious economic growth triggered a stock market rally upon his election. The Dow soared past 20,000 points last month after more than doubling its volume under President Obama, and investors have funneled more than $50 billion into U.S. stock funds since the year began.

Trump has already signed executive orders to cut back on existing regulations and review the Dodd-Frank Act; he’s also promised to “clean up” the federal budget.

But Republicans have faced several roadblocks just one month into his presidency, lowering expectations for quick action on legislative priorities like tax reform…..


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Donald Trump could screw American farmers….

I don’t thing City slicker Donald Trump has any idea that US farmers help feed the WORLD…..

Not just America….

Export/Import protectist taxes would ruin their livelihoods ….

U.S. farmers need exports to keep already low commodity prices at home from collapsing. Gluts have pushed down corn prices to less than half their 2012 peak, and farmer profits may fall for the fourth straight year, the longest streak since the 1970s, the government said on Feb. 7.

That’s why U.S. farmers have backed trade deals such as the Trans-Pacific Partnership, which promised an additional $4 billion to $5 billion of sales by opening Pacific Rim nations to U.S. meat, dairy, and grain. But pulling out of the TPP was one of Trump’s first acts as president. He’s also threatening to leave the North American Free Trade Agreement with Canada and Mexico. Both moves stoke worries that attempts to protect manufacturing could harm farmers, with countries such as China retaliating against taxes on finished goods exported to the U.S. by buying commodities elsewhere, says Ed Schafer, who served as agriculture secretary under President George W. Bush. “Trade issues are not as simplistic as President Trump thinks,” he says.

Bob Young, chief economist for the American Farm Bureau Federation, the largest U.S. farmers group, rattles off a series of competitors ready to eat the U.S.’s lunch: Brazil and Argentina in global corn and soybean markets; Ukraine and Russia in grain and oilseeds; Australia and New Zealand in meat and dairy.

Australia is still pushing for a TPP without the U.S., to lock in potential trade gains in Asia. Europe is buying more Ukrainian corn, enjoying lower tariffs that squeeze out U.S. suppliers who had hoped to gain from a European Union trade deal. Brazil and Argentina are becoming the first choice for Chinese buyers who wait for those nations’ spring harvests—when prices are lower—to make purchases.

Competitors are penetrating markets the U.S. once owned…..


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Speaker Ryan tries to advance Trump’s Border Tax…The Senate GOPer’s won’t bite…

Donald Trump keep on about a border tax to hang on American companies that move jobs to Mexico ….

He was gonna whipsaw America companies into bringing jobs back to America with the tax penality ….‘America First’....


Donald Trump himself and even Steve Bannon CANNOT impose a tax….

Congress does that….

And while Speaker of the House Paul Ryan wants the tax money from such an law?

Senate REPUBLICANS (Nor will a good many in the House) will NOT vote for it….

And without the tax revenue?

Ryan is NOT gonna be able change much in the tax system…

And the jobs are STILL going to Mexico and other countries….

Paul Ryan showed up to Senate Republicans’ weekly lunch on Tuesday hoping to salvage a controversial pillar of his tax reform plan that would change how imports and exports are taxed. “Keep your powder dry,” the House speaker pleaded.

The next day, Sen. Tom Cotton took to the Senate floor to slam Ryan’s so-called border adjustment tax, saying “some ideas are so stupid only an intellectual could believe them.”

“Many other senators share these concerns and we most certainly will not ‘keep our powder dry,’” Cotton went on, without naming the speaker in his speech.

The sequence was an ominous sign for a linchpin of Ryan’s tax plan — and perhaps for the prospects of tax reform happening at all. The border adjustment tax would generate more than a trillion dollars over a decade; there’s no obvious way to replace that money, which is needed to help pay for a steep cut in corporate and income taxes.

In meetings with administration officials and Senate leaders, Ryan has framed his proposal as a compromise between a tariff, which the president wants, and conservative orthodoxy against border taxes…

Many Republican senators say privately they detest the concept, fretting that it will hurt their in-state retailers like Walmart, which is headquartered in Cotton’s state of Arkansas. Senate Finance Chairman Orrin Hatch (R-Utah), sources said, has warned Trump and Ryan that border adjustment won’t likely have the support needed to clear the Senate.

Hatch, in an interview after Ryan’s presentation, said the speaker “didn’t cover [the border adjustment proposal] as specifically as I would have liked.” And Sen. Roy Blunt of Missouri, the fifth-ranking GOP senator, said the Finance Committee will likely go a “different way.”

Others were more unequivocal.

“It’s beyond a complication. It’s a bad economic proposition,” said Sen. David Perdue (R-Ga.).

That’s not to mention Ryan’s issue in his own chamber. A handful of Ways and Means Republicans — including some with close ties to Trump — are fretting that retailers slapped with an import tax will ultimately pass the cost onto consumers. One member of the tax-writing Ways and Means Committee, Rep. Jim Renacci (R-Ohio), asked his chairman Wednesday to hold hearings on the proposal….



As pointed out here…

The ‘honeymoon’ that Trump has had for the last few weeks with Congress will evaporate when Congressmen have to get down covering their own rears back home…

It’s coming….

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Ain’t gonna be easy for Trump to create US Manufacturing jobs he promised….

Manufacturing jobs in America require much higher skilled people than before….

And autmation is also increasingly cutting back the number of low skilled jobs….

Both also do complete with outsourcing manufacturing of products to countries that have cheaper labor…

(THAT continues even as Trump boasts he’s stop the practice…He HASN’T)

The people in the Rust Belt states that sitched votes from President Obama to Donald Trump may never see their basic manufacturing jobs EVCER return no matter how much Trump says he’ll try tax American countries trying increase their profits….(Something Trump and his Republicans friends have on their minds, Right?)

It’s true that jobs in the manufacturing sector tend to be “good” jobs, with higher pay and fuller benefits than the US average. But manufacturing isn’t what it used to be. And not just because millions of jobs have disappeared, but because the ones that remain offer fewer advantages — especially for Americans who don’t go to college. They used to be the greatest beneficiaries of manufacturing’s onetime largesse.

That poses a real problem for Trump. Even if his administration manages to revitalize manufacturing, the rewards may not reach his working-class supporters. The production jobs of tomorrow are likely to require higher education, while those open to lower-skilled workers may lack security and strong wages.

Why manufacturing jobs aren’t as good as they used to be

People who work in manufacturing tend to get bigger paychecks than those in other industries. But the payoff depends a lot on where you fall on the education ladder — and on the organizational chart.

For the past 50 years, the manufacturing sector has been slowly turning against lower-skilled workers and high school graduates. A Globe analysis of census data shows that in 1960, non-college-educated workers in durable goods manufacturing earned 100 percent more than their peers in other industries. Not even college graduates could gain so big an advantage….

Think about why companies set up shop overseas to begin with. In most cases, it was for cheap labor. That’s part of the point of free trade: It allows companies to move their routine work to low-wage countries and focus on higher-productivity tasks here.

If these companies decide to move their operations back to the United States, they face a choice: Replace their truly low-wage Chinese or Mexican workers with lowish-wage American workers, or replace them with machines.

Neither scenario is particularly good for American workers on the low end of the pay scale….


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The Move to contracting out jobs by Big Companies…

It’s been going on since back in the day….

Set budgets for set jobs in companies …..

No worry about benefits, pay scales or anything else….

After a few years when people expect a raisewhich would increase the cost to the contractor?

The jobs go out for bid to a new contractor , who may even keep the same employee’s but ?

No raise ane even cuts in pay …..

That was then….

Now we have contractors in other countries that pay sub-American wages…

Donald Trump is NOT gonna be able to force these compainies  to ‘do the right thing’….The right thing is for them to make MORE profits….Trumnp knows all about that as does Republicans…..

Companies, which disclose few details about their outside workers, are rapidly increasing the numbers and types of jobs seen as ripe for contracting. At large firms, 20% to 50% of the total workforce often is outsourced, according to staffing executives. Bank of America Corp. , Verizon Communications Inc., Procter & Gamble Co. and FedEx Corp. have thousands of contractors each.

In oil, gas and pharmaceuticals, outside workers sometimes outnumber employees by at least 2 to 1, says Arun Srinivasan, head of strategy and customer operations at SAP Fieldglass, a division of business software provider SAP SE that helps customers manage their workforces.

Janitorial work and cafeteria services disappeared from most company payrolls long ago. A similar shift is under way for higher-paying, white-collar jobs such as research scientist, recruiter, operations manager and loan underwriter.

According to data from the Bureau of Labor Statistics, 25% of all medical transcriptionists, who type medical reports recorded by doctors and nurses, were employed in what the agency calls the business support services industry in 2015. The percentage has jumped by more than a third since 2009, a sign that transcriptionists are being pushed out of many doctors’ offices and hospitals.

“I haven’t yet met a CEO who’s not surprised by how many people who touch their products aren’t their own employees,” says Carl Camden, president and CEO of staffing agency Kelly Services Inc. Outsourcing and consulting brought in 14% of Kelly’s revenue in 2016.

Eventually, some large companies could be pruned of all but the most essential employees….


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Some Republicans in Congress admit they have toooo much on their plates…

Some people might remember how President Bill Clinton stated off with plans to change a LOT of things …

He sent Congress this and that to work on….


He was told to slow down…

The US Congress doesn’t work THAT fast….


The same hold true decades later….

President Trump and GOP leaders on Capitol Hill have promised voters that 2017 will bring the repeal and replacement of ObamaCare, a long-awaited overhaul of the tax code and funding for a “great wall” along the U.S.-Mexico border.

Now, some in the party are wondering whether Republicans have bitten off more than they can chew.

Conservative naysayers inside and outside the Capitol argue that it’s not just about the GOP-controlled Congress’s slow start in carrying out Trump’s agenda.

There’s serious concern that Trump and GOP leadership have simply identified too many big-ticket, politically thorny items to tackle in year one. They also see tough times ahead in prioritizing what to do.

“It’s not just the fact that there are a lot of items but the enormity of those items,” said GOP Rep. Daniel Webster, who learned how to manage a legislative calendar while serving as Speaker of the Florida state House.

Another Republican lawmaker was even more blunt: “There’s no way we can do all these issues.”….


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President Trump blinks…Backs One China Policy after all….

Showing that he IS LEARNING (And listening to advice) after three weeks in office that Foreign Policy is about what about more that his concept of a fair ‘deal’ , and  is not something he wants to get into serious wrestling match that would destabilize the whole of the South China see and cost Americans TONS of money in products the get from China ?

(China is the second biggest economic power on the planet, fast approaching America…It has everything Russia has and more times multiples…)

Donald Trump has endorsed the firm American policy of a One China….

A LOT of things the American President simply cannot just arbitrarily change…

Oh, and?

The US military can also relax a little….

President Trump just backed down from what could have been a serious fight with China.

On Thursday evening in Washington, he appeared to shy away from confrontation with Beijing by agreeing to honor the one-China policy, during a lengthy telephone call with China’s President Xi Jinping.

The move is set to ease tensions between the world’s two most powerful nations: relations had been inflamed after Trump suggested he would only commit to the one-China policy if Beijing addressed his concerns about trade and currency issues.

Experts had previously noted with concern that Trump had not spoken to Xi since his inauguration, despite speaking or meeting with at least 18 other world leaders — although the two men did talk by phone days after Trump’s election victory.

In a statement issued late Thursday, the White House said the two men had held a lengthy and “extremely cordial” conversation.

“The two leaders discussed numerous topics and President Trump agreed, at the request of President Xi, to honor our one-China policy,” the White House statement said.

In return, Xi said he “appreciated his U.S. counterpart, Donald Trump, for stressing that the U.S. government adheres to the one-China policy,” which he called the “political basis” of relations between the two nations, state news agency Xinhua reported.

“The development of China and the United States absolutely can complement each other and advance together. Both sides can absolutely become very good cooperative partners,” Xi said.

The one-China policy forms the bedrock of U.S.-China diplomatic ties, established by President Richard Nixon and China’s leader Mao Zedong 1979. It rules out independence and diplomatic recognition for the island of Taiwan….


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Democrats huddle and look at economic help for the Rust belt…

Democrats are huddling together in Maryland right now , going over what they can do get themselves back into power in the House and Senate first and then the White House….

The focus is strongly focused on gaining votes back in those Rust Belt states that President Obama got in 2008/2012 , but where lost to Hillary Clinton back in November…

Gone are the squabbles over how to add junior-level posts to Rep. Nancy Pelosi’s leadership team. Trump’s executive orders and the Republican-controlled Congress’s efforts to dismantle the legacy of Barack Obama’s administration quickly took care of that.

Rep. Brendan Boyle (D-Pa.), barely into his third year in office, summed up the levels of grief House Democrats went through after their party lost every level of power: “Deep sadness, depression, then anger.” Now, however, fear of Trump is forcing them to think bigger.

“Donald Trump is a great unifier,” he said.

He is also a great trap — a magnet for attacks that some rank-and-file Democrats worry are appealing to liberal coastal elites but not to the dozens of inland congressional districts that Democrats need to win if they’re ever going to take back the House majority.

Boyle was part of the loose collection of antagonists who after the election pleaded with Democratic leaders for more economic issues on the agenda. That uprising culminated with a third of the caucus voting in leadership elections for a backbench Democrat, Rep. Tim Ryan of Ohio, instead of Pelosi (D-Calif.).

Pelosi met this week with a large group of those Democrats who have been agitating for agenda items that appeal beyond the liberal base. Their goal is an economic message that can appeal to the more than 40 percent of voters in union households who voted for Trump over Democrat Hillary Clinton — the largest percentage in a presidential race since 1988.

“I think there have been steps in the right direction, moving toward an economic message,” Ryan said in an interview Tuesday, before heading to a Democratic policy retreat that runs through Friday here in Charm City….


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Obamacare Repeal/Replace?…Huh?

It seems that the Repeal and Replacement of the Program has gone silent…

The President is talking about his daughter and Norstoms and TJ Maxx….

Senate Republicans are trying to get confirmations done…

House Republicans are having people getting in their grill’s back home…

And Insutance companies are warning that the program needs to taken care of  for the next year soon NO MATTER WHAT….

The Obamacare repeal effort was already in unstable condition. Now its status must be downgraded to critical — and completely unserious.

After years of Republican yammering about the urgent need to repeal the Affordable Care Act and months of fruitless pursuit of an alternative, President Trump now says he may not unveil a replacement this year at all. And from Capitol Hill comes new word that Republicans aren’t even talking about a plan.

“To be honest, there’s not any real discussion taking place right now,” Sen. Bob Corker (R-Tenn.) told reporters Tuesday at the Capitol. Corker, according to the Huffington Post, said he has “no idea” when Republicans might start drafting an alternative to Obamacare, adding, “I don’t see any congealing around ideas yet.”

For seven years, opponents of the Affordable Care Act vowed to make its repeal their top concern, warning that the law would turn America overnight into a socialist dystopia. Now these opponents have unfettered control of the government and they aren’t even talking about repealing….


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What a $1.50 Min Wage Pay Raise can do….

NY Times points out what a $1.50 Min Wage hike can do for those in New York City….

Jade McKenzie, 22, of Brooklyn, has been able to save.

Alicia Polanco, 26, surprised her daughter with new jeans and sandals.

Others are buying textbooks or new technology, or planning to travel.

The $12 minimum wage that took effect for fast-food workers in New York City on Dec. 31 means an extra $1.50 per hour for those workers, or $240 a month more before taxes for a 40-hour workweek.

(By the end of next year, the minimum wage for employees at fast-food chains and other large city employers is set to rise to $15.)

A month (and change) after the pay raise, we asked fast-food workers how their financial situations have changed.

“It’s been way better,” said Lakisha Moorer, 21, a worker at a KFC in the Bronx, who is planning to use the extra money to move to the borough from Yonkers this summer. “Shoot, I can actually save money now.”

Nipu Rani, 26, who works at a nearby Dunkin’ Donuts has been able to buy more groceries and send more money to her parents in Bangladesh.

A few supervisors we spoke to said they also liked the change.

“Everything’s moving now,” said Anthony Hewitt, 24, a shift supervisor at KFC. Applications have more than doubled since the new minimum wage took effect, he said. Morale has improved.

But it’s not all rosy.

Nadia Muhit, 20, who works at Dunkin’ Donuts, said the hours worked by some employees had been reduced.

“For some of us, it’s been a pay raise, but it hasn’t felt like it,” she said.

At a McDonald’s near Westchester Avenue in the Bronx, the increase has meant more work….


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Trump hasn’t stop American Companies from moving jobs Mexico…

Do NOT believe the man….

Big business is STILL moving jobs to Mexico’s cheaper labor…..

And the ‘jawboning’ threat of a large border tax has had little effect ….

President Donald Trump boosted the hopes of employees at Rexnord Corp.’s factory in Indianapolis in December when he castigated the company for “viciously firing” workers and planning to move their jobs to Mexico.

Two months later, Rexnord is still planning to close the industrial-bearings factory, which employs about 350 people, despite Trump’s shaming and his earlier intervention to stop a nearby Carrier Corp. furnace factory from closing.

Rexnord says moving the plant to Mexico is part of a plan to save $30 million annually.

Executives at Peoria, Ill.-based Caterpillar are moving ahead with a restructuring that includes shifting jobs from a Joliet, Ill., factory to Monterrey, Mexico.

Charlotte, N.C.-based Nucor is moving forward with Japan’s JFE Steel to build a new plant in Mexico to make steel for car makers.

The continuing investments abroad underscore the scale of the economic forces that confront President Trump’s plans to persuade U.S. firms to stop moving operations — and jobs — to Mexico.


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Republicans Worry…How are they gonna pay for Trump’s BIG GOVERNMENT Plans…

Please note the above use of the word’s BIG GOVERNMENT.

Those two words up until the November elections where curse words for Republicans…


Well the party seems to hitched to the  wagon of  a guy who revealed  in creating DEBT....

And he does NOT want cuts in entitlements? (Another Republican curse word)

How long are the Republicans keep riding in Donald Trump’s wagon?

President Donald Trump wants to rebuild the nation’s roads and bridges, boost military spending, slash taxes and build a “great wall.” But Republicans on Capitol Hill have one question for him: How the heck will we pay for all of this?

GOP lawmakers are fretting that Trump’s spending requests, due out in a month or so, will blow a gaping hole in the federal budget — ballooning the debt and undermining the party’s doctrine of fiscal discipline.

Trump has signaled he’s serious about a $1 trillion infrastructure plan, as he promised on the campaign trail. He also wants Republicans to approve extra spending this spring to build a wall along the U.S. southern border and beef up the military — the combined price tag of which could reach $50 billion, insiders say. And that’s to say nothing of tax cuts, which the president’s team has suggested need not necessarily be paid for.

Trump, meanwhile, has made clear he has little interest in tackling the biggest drivers of the national debt: entitlements. Republicans have been yearning to overhaul Medicare and Social Security for decades.

Even without Trump’s pricey wish list, the nonpartisan Congressional Budget Office estimates the $19.9 trillion debt will grow by a further $9.4 trillion over the next decade if nothing changes.

“I don’t think you can do infrastructure, raise defense spending, do a tax cut, keep Medicare, Medicaid and Social Security just as they are, and balance the budget. It’s just not possible,” said Rep. Tom Cole (R-Okla.), a senior member of the House Budget Committee. “Sooner or later, they’re going to come to grips with it because the numbers force you to.”…


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