Rocky Mountain Voice

Tag: U.S. Economy

A Strong America Requires Strong Factories
Commentary, Approved, National, tHE bLAZE

A Strong America Requires Strong Factories

By Riley Moore | Commentary, The Blaze America’s hollowed industrial base is our greatest vulnerability — and China’s greatest advantage. We can fix it. Our country is standing at a crossroads. Neither the world nor America’s place in it is what it was a generation ago. The unipolar moment is over. And yet, many in the Republican Party seek to claim the mantle of America First while continuing the same failed adventurism of the past. National conservatism as a movement agrees that these people and ideas must be stopped. But we have failed to check their influence in the party largely because we have not offered an alternative that both meets the real threats to American security and balances national interest, the deterrent effect, industrial capability, and political will. ...
Trump lands ‘biggest of all’ trade deal with EU as bloc pledges $600B investment and $750B in U.S. energy
Daily Wire, Approved, National

Trump lands ‘biggest of all’ trade deal with EU as bloc pledges $600B investment and $750B in U.S. energy

By Daniel Chaitin | Daily Wire Agreement was struck ahead of the August 1 deadline. President Donald Trump announced on Sunday the “biggest” trade deal of them all with the European Union (EU). Sitting with European Commission President Ursula von der Leyen in Turnberry, Scotland, Trump read off a piece of paper the various major takeaways from their agreement. As part of the deal, per Trump’s description, the EU will purchase $750 billion worth of energy from the United States, agree to invest $600 billion more than the bloc is already investing, open up its countries up to trade with America, and buy a “vast amount” of military equipment. Trump also noted the tariffs for automobiles and other EU imports will be a “straight across” rate of 15%. However, he said th...
Elite economist slips: Deportations under Trump raised wages
Breitbart, Approved, National

Elite economist slips: Deportations under Trump raised wages

By Neil Munro | Breitbart President Donald Trump is pushing up wages for millions of Americans by ending the federal welcome for millions of illegal migrants, says a pro-migration economist at a Washington, DC, think-tank. “We’re going to see stronger wage growth in some occupations, stronger wage growth in the agricultural sector, stronger wage growth for home health workers,” said Wendy Edelberg, a “senior fellow” at the elite-funded Brookings Institution in Washington, DC. But the loss of deported migrants will have “pretty modest economic effects” on the overall size of the nation’s economy, she told Bloomberg on July 11. “I think those [economic effects] are dwarfed by just the visceral effect” as business reacts to the sudden cut-off of expected migrants, she said. “We ma...
147,000 jobs added in June as employers push through uncertainty
Fox Business, Approved, National

147,000 jobs added in June as employers push through uncertainty

By Eric Revell | Fox Business Department of Labor releases closely watched June jobs report The U.S. economy added jobs in June at a faster pace than in recent months, despite economic uncertainty stemming from trade, tax and monetary policy. The Labor Department on Thursday reported that employers added 147,000 jobs in June. That figure was above the estimate of economists polled by LSEG, who projected 110,000 jobs would be added. The unemployment rate ticked down slightly to 4.1%, which was lower than economists' expectations of 4.3%. Job gains in the prior two months were both revised, with job creation in April revised up by 11,000 from a gain of 147,000 to 158,000; and May job gains were revised up by 5,000 from a gain of 139,000 to 144,000. Taken ...

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