Econ Facts

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Econ Facts – Most Cuts After Election

Econ Facts – Most Cuts After Election

1- The stock market has had a tough month, down 1974 points. The bond market has also had volatility because of rising interest rates and high inflation.   2- The richest .1% have gotten almost 25% wealthier since 2024, compared to single digit growth for the...

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Econ Facts – Jobs Significantly Down Under Trump

Econ Facts – Jobs Significantly Down Under Trump

The biggest Econ news this past week is JOBS-           Unemployment is rising, now at 4.2%.         T added only 776,000 jobs since Jan 2025         Biden added 10,700,000 jobs         Only 29,000 jobs added in September         Wage growth has also slowed...

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Econ Facts – Biden v. Trump Economy

Econ Facts – Biden v. Trump Economy

💲Financial Friday 💲       ➡️The Fed voted 12-0 to raise rates by 1/4%.              - To fight rising inflation and energy crisis           - This raises loans and mortgages, makes it harder for home buyers           - also raises money market rates, to be fair  ...

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Econ Facts – US Treas Dept buying back our own debt

Econ Facts – US Treas Dept buying back our own debt

💲Money Monday 💲         ➡️ Many countries selling down their US debt ⬅️ Our US Bond Market is vulnerable Treasury Dept buying back 6 Billion of our own debt to stabilize (3x normal) Many countries are selling down their amount of US debt, and moving gold from our...

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Econ Facts – Job Growth Dies Under Republicans

Econ Facts – Job Growth Dies Under Republicans

💲Money Monday 💲 Don't ignore the numbers. Job growth has drastically suffered under Republicans.   📢  Make Your Voice Heard Kennett Area Democrats Stay Involved: Sign up for our newsletter at kennettareademocrats.com to stay updated on local actions and election...

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Econ Facts – 50% Tariffs on Canada

Econ Facts – 50% Tariffs on Canada

💲Financial Friday 💲         ➡️ Tariffs on Canada and US Debt Keep Escalating ⬅️ Serious 50% tariff war with Canada escalating     50% tariffs on 700 US products worth $20 Billion     Targeting US steel, aluminum, appliances, processed cheese and clams     Discontinues...

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Econ Facts – More Tariffs

Econ Facts – More Tariffs

💲Money Monday 💲         ➡️ Tariffs on Canada ⬅️ And his 50% tariff tax on Canadian goods just happened. We, of course, will pay the penalty and if it gets reimbursed by court order, the companies keep it!   Previous tariffs have followed this pattern: Trump raises...

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Econ Facts – 40 Trillion

Econ Facts – 40 Trillion

💲FINANCIAL FRIDAY 💲         ➡️ Trump Makes Everything Worse: From Deficit to Beef ⬅️ 1 - The US deficit has mushroomed and hit a new high at 40 TRILLION $              The biggest contribution to our national debt has come from Trump #1                       andTrump...

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Insider trading, Job Loss, Brain Drain

Insider trading, Job Loss, Brain Drain

Trump rolls out massive insider trading scheme         - Offers prior access to decisions affecting business and economic markets         - Destabilizes our "free market" system and regular, small investors         - A $100,000/month offer to get his Truth Social...

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More Corruption

More Corruption

💰  FINANCIAL FRIDAY  💰 💲More corruption - Sec. of Commerce Howard Lutnick moved $1.6B of our US Treasury $ into a rare minerals company, through investment bank, Cantor Fitzgerald, who earned massive fees from the gov't investment              Lutnick ran Cantor...

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Econ Facts – Ontario Tariff Rebuttal

Econ Facts – Ontario Tariff Rebuttal

🌟 FINANCIAL FRIDAY 🌟   ➡️ In Case You Missed It   📡 Ontario Premier canceled Starlink contract (satellite company owned by Musk), bans US companies from any gov't work. 30B of potential yearly spending plus 200B of infrastructure buildup. Other territories...

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Econ Facts – Trump’s Economy

Econ Facts – Trump’s Economy

💰  FINANCIAL FRIDAY  💰   🧒 Cost of Raising a Child (Compared to Dec 2023)              $303,148 total for 18 years              $16,857 annually cost              27.8% increase under T47   🇨🇦 New 50% Tariff Announced by T on Canada July 20 for certain items...

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