US Politics in Trump era Public date: 03.10.2019 13:07:34

Publisher: Forbes

Author:

6 Jul 2019

Trump Is Falling Almost 1 Million Jobs Short Vs. Obama

Trump’s economy is not the best ever. In fact Obama added almost one million more jobs than Trump over the same timeframe.  Trump entered office on January 20, 2017, and starting with February 2017 he has been President for 29 months. Total job growth during that time has been 5.613 million or 194,000 per month with those results being helped by the tax cut. Working back from January 2017, Obama’s last month in office, there had been 6.423 million jobs added or 221,000 per month. The difference for the 29 months is 810,000 more jobs or 27,000 more per month than Trump.
Trump’s economy is not the best ever. In fact Obama added almost one million more jobs than Trump over the same...

Publisher: Forbes

Author:

1 Apr 2019

Report: The Department Of Education Has Spent $1 Billion On Charter School Waste And Fraud

In 1994, the Charter School Fund was added to the Elementary and Secondary Education Act (ESEA); in 1995 it began dispersing federal funds to states so that states could use the money to pilot charter schools. Since then, the CSP has handed over about $4 billion to support charter schools, and there are supposed to be some federal guidelines attached to the process. But a new report from the Network for Public Education charges that roughly $1 billion of that has been lost to fraud and waste in the charter school sector.
In 1994, the Charter School Fund was added to the Elementary and Secondary Education Act (ESEA); in 1995 it began...

Publisher: Forbes

Author:

13 Mar 2019

Trump Proposes To End Student Loan Forgiveness Program

The White House released Trump's 2020 budget proposal, which contains important implications for higher education and student loans. The budget includes $64.0 billion in funding for the U.S. Department of Education, a $7.1 billion, or 10%, decrease compared to the 2019 funding. The budget, as it relates to student loans, is built on several stated goals, among others:
The White House released Trump's 2020 budget proposal, which contains important implications for higher education and...

Publisher: Forbes

Author:

8 Dec 2018

How Donald Trump Shifted $1.1M Of Campaign-Donor Money Into His Business

On the day Donald Trump became president of the United States, while inauguration festivities were still in full swing, he officially launched his 2020 reelection campaign. Donations poured in from more than 50,000 people across the country. But according to the latest federal filings, Trump still has not donated a penny of his own, while his businesses continued to charge the campaign for hotels, food, rent and legal consulting. That means the richest president in American history has turned $1.1 million from donors across the country into revenue for himself.
On the day Donald Trump became president of the United States, while inauguration festivities were still in full swing,...

Publisher: Forbes

Author:

12 Aug 2018

Trump’s Economic Scorecard: Higher Inflation, Flat Wages And A Ballooning Federal Deficit

In the past few days, new economic reports have come out that don’t paint a very rosy picture for a number of economic items. While GDP hit 4.1% for the June quarter, but only 2.9% year over year, and the unemployment rate is hovering at all-time lows, inflation continues to increase, real wages are stagnant and the federal budget deficit is ballooning
In the past few days, new economic reports have come out that don’t paint a very rosy picture for a number of economic...

Publisher: Forbes

Author:

8 Aug 2018

New Details About Wilbur Ross’ Business Point To Pattern Of Grifting

A multimillion-dollar lawsuit has been quietly making its way through the New York State court system over the last three years, pitting a private equity manager named David Storper against his former boss: Secretary of Commerce Wilbur Ross. The pair worked side by side for more than a decade, eventually at the firm, WL Ross & Co.—where, Storper later alleged, Ross stole his interests in a private equity fund, transferred them to himself, then tried to cover it up with bogus paperwork.
A multimillion-dollar lawsuit has been quietly making its way through the New York State court system over the last...

Publisher: Forbes

Author:

20 Jun 2018

Wilbur Ross Confirms He Made False Statement

Secretary of Commerce Wilbur Ross told federal ethics officials last November that he had gotten rid of all assets that he promised to divest. But he admitted that was not true in a new filing released Monday afternoon.
Secretary of Commerce Wilbur Ross told federal ethics officials last November that he had gotten rid of all assets that...

Publisher: Forbes

Author:

21 May 2018

Trump May Be The Most Fiscally Reckless President In American History

ُThink about why Trump is asking for rapid action on the 2019 appropriations: He wants even more spending. Even though his policies have spiked the annual budget deficit to a new normal of a $1 trillion (with $2 trillion  definitely within view) and interest rates are now starting to go up in large part because of his out-of-sync-with-the-economy stimulative fiscal policy, Trump is demanding that federal spending and the government's red ink be increased even further.
ُThink about why Trump is asking for rapid action on the 2019 appropriations: He wants even more spending....

Publisher: Forbes

Author:

16 Apr 2018

On The Deficit, GOP Has Been Playing Us All For Suckers

Think about this. The same congressional Republicans who over the previous eight years wanted everyone to believe they were fiscal conservatives hell-bent on balancing the budget and not increasing the national debt, sponsored, passed and then danced around the fire because of legislation that will result in a permanent $1 trillion deficit and a debt that will soar to close to 100 percent of GDP by 2028.
Think about this. The same congressional Republicans who over the previous eight years wanted everyone to believe...

Publisher: Forbes

Author:

16 Oct 2017

Trump receives subpoena for all documents realting to secual assaults

After a fairly quiet post-election period in this regard, President Trump is again facing a legal fight over claims that he sexually assaulted women in his prior life as a private citizen and business figure. According to Buzzfeed, the subpoena was issued in March, but was only entered into the court file last month. The White House has been reached out to for comment, which will be included here when and if available.
After a fairly quiet post-election period in this regard, President Trump is again facing a legal fight over claims that...

Publisher: Forbes

Author:

7 Jun 2017

How Donald Trump Shifted Kids-Cancer Charity Money Into His Business

Donald Trump is one of the least charitable billionaires in the world. Eric Trump is far more altruistic. In a clash of values, the president directed hundreds of thousands of dollars from his son's kids-with-cancer foundation into his company coffers.
Donald Trump is one of the least charitable billionaires in the world. Eric Trump is far more altruistic. In a clash of...

Publisher: Forbes

Author:

23 Mar 2017

Powerful Russian Partner Boasts Of Ongoing Access To Trump Family

“I have nothing to do with Russia,” Donald Trump bellowed to thousands of frenzied supporters at a Tampa, Florida rally last October. The truth, it seems, is a bit more complicated. In an exclusive interview with FORBES, Emin Agalarov—a Russian pop singer, real estate mogul and son of one of the country’s richest people—described an ongoing relationship with the Trump family, including post-election contact with the president himself. 
“I have nothing to do with Russia,” Donald Trump bellowed to thousands of frenzied supporters at a Tampa, Florida...

Publisher: Forbes

Author:

24 Dec 2016

Economically, Could Obama Be America’s Best President?

Despite ongoing attacks from pro-business Republicans, there is data indicating that President Obama has a sterling, possibly incomparable, record regarding economic growth policies. The reports states that economic performance is directly related to policies enacted by the president and Obama deserves all the credit for that.
Despite ongoing attacks from pro-business Republicans, there is data indicating that President Obama has a sterling,...

Publisher: Forbes

Author:

31 Jul 2016

Overwhelming Evidence That Obamacare Caused Premiums To Increase Substantially

Two scholars at the renowned Brookings Institution, Loren Adler and Paul Ginsburg, have published an analysis finding that “average premiums in the individual market actually dropped significantly upon implementation of the ACA.This contrasts with a plethora of evidence, including a rigorous 2014 Brookings study, showing that the ACA significantly increased premiums.
Two scholars at the renowned Brookings Institution, Loren Adler and...
Tags:
26 Jul 2016

What America’s 25 Most Profitable Companies Pay In Taxes

Taxes, fees, tarrifs, tolls, levies, bribes, tithes, tributes. Whatever we called them, taxes have been an unfortunate reality of life ever since the biggest monkey decided he wanted a piece of the smaller monkeys’ lunch. From that earliest protection racket, taxes have only gotten more codified and
Taxes, fees, tarrifs, tolls, levies, bribes, tithes, tributes. Whatever we called them, taxes have been an unfortunate...

Publisher: Forbes

Author:

17 Oct 2014

Pros And Cons Of The Federal Estate Tax

Some good arguments in support for estate tax going all the way back to Teddy Roosevelt thought that estate tax was a good method of taxation for creating revenue and equality. The opponents argue that this is money that has been taxed before and hurts business!
Some good arguments in support for estate tax going all the way back to Teddy Roosevelt thought that estate tax was a...
Tags:

Leave a Comment

Your email address will not be published. Required fields are marked *

Name *