Category Archives: Economics

Economic policies, business, investing, saving, banking, currency

“Sears [Stocks] Plummets After Citing ‘Substantial Doubt’ About Future”

“Sears Holdings Corp. suffered its worst stock decline in six weeks after acknowledging “substantial doubt” about its future, raising fresh concerns about whether a company that was once the world’s largest retailer can survive… The 131-year-old department-store chain, which has … Continue reading

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“Payless Is Said to Be Filing for Bankruptcy as Soon as Next Week”

“Payless Inc., the struggling discount shoe chain, is preparing to file for bankruptcy as soon as next week, according to people familiar with the matter. The company is initially planning to close 400 to 500 stores as it reorganizes operations” … Continue reading

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“In First 2 Months in Office: Trump Reduced Debt by $100 Billion – Obama Increased Debt by $400 Billion”

“On January 20th, the day of President Trump’s Inauguration, the US Debt stood at $19,947 billion. As of March 16th, the most recent date for US debt reporting, the US Debt stands at $19,846 billion. President Trump has cut the US Debt burden … Continue reading

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Venezuela has bread shortage while government steals it.

“Facing a bread shortage that is spawning massive lines and souring the national mood, the Venezuelan government is responding this week by detaining bakers and seizing establishments.” http://www.miamiherald.com/news/nation-world/world/americas/venezuela/article138964428.html This is what socialism and socialist policies bring, death. No food, no … Continue reading

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Robbery: “$611,318,000,000: Individual Income Taxes Set Record”

“The federal [U.S.] government collected a record of approximately $611,318,000,000 in individual income tax revenues through the first five months of fiscal 2017 (Oct. 1, 2016 through the end of February), according to the Monthly Treasury Statement released today.” http://www.cnsnews.com/news/article/611318000000-feds-collect-record-income-taxes-through-february-still-run-348984000000Continue reading

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“US Debt Decreased by More Than $60 Billion Since Trump Inauguration”

“On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On March 8th, more than a month later, the US Debt load stood at $19,879 billion. Trump has cut the US Debt burden by $68 … Continue reading

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“152,528,000: Record Number of Employed in February; Participation Rate Rises”

” A record 152,528,000 Americans were employed in February, 447,000 more than in January, and the labor force participation rate went up, the Labor Department’s Bureau of Labor Statistics reported on Friday.” http://www.cnsnews.com/news/article/susan-jones/152528000-record-number-employed-february-participation-rate-rises

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