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Economy

AMERICA FIRST: President Trump Unveils New ‘Pledge to America’s Workers’

posted by Hannity Staff - 8.01.18

President Trump unveiled his new “pledge to America’s workers” Wednesday, posting a video on social media that outlined his firm commitment to “create new products” emblazoned with “Made in the USA.”

The President posted the touching video Wednesday afternoon, saying “there’s never been a better time” to be an American worker.

“Whether you’re a high school student or a late-career worker, there’s never been a better time to learn a trade, hone a skill, or pursue your dreams. When we invest in our workers we’re investing in our people,” said the President.

“We’re investing in our communities and we’re investing in the American Dream… Together we will build new wonders, find new cures, master new industries, harness new technologies and create new products stamped with those four beautiful words: ‘Made in the USA,’” he added.

Watch the President’s commitment above.

GREAT AGAIN: Fed Chairman Says Economy 'GROWING STRONGER' in 2018

posted by Hannity Staff - 7.17.18

The Federal Reserve Chairman confirmed Tuesday that the United States economy was “growing stronger” than expected, saying an interest rate hike may be likely in the coming weeks should the recovery continue to expand.

According to CNBC, Chairman Jerome Powell signaled he was considering raising the interest rate for the second time in recent months, saying “Overall, we see the risk of the economy unexpectedly weakening as roughly balanced with the possibility of the economy growing faster than we currently anticipate.”

“The unemployment rate is low and expected to fall further. Americans who want jobs have a good chance of finding them,” he added.

The strong data throws more cold-water on the media’s over-hyped “blue wave” predicted for this fall, with House Minority Leader Nancy Pelosi threatening to repeal the widely-popular GOP-sponsored tax cuts

Read the full report at CNBC.

GREAT AGAIN: GDP Estimates SOAR TO 4.8% in SECOND QUARTER

posted by Hannity Staff - 6.15.18

The US economy continues to roar to life under President Trump and the GOP-controlled Congress, with the Atlanta Federal Reserve raising the economic estimates for the second quarter of 2018 up to a staggering 4.8%.

According to Reuters, the US Gross Domestic Product is growing at an annualized rate of nearly 5%, citing strong domestic sales numbers and record-setting exports after months of continued growth.

“The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.8 percent on June 14, up from 4.6 percent on June 8,” says a new report from the Federal Reserve Bank of Atlanta.

The staggering statistics come on the heels of record breaking tax revenue and an inverted job index for the first time in US history, where there are more jobs available than workers to fill them.

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