Impressed by the Trump administration part II

https://www.rigzone.com/news/wire/natural_gas_execs_see_century_of_supply_in_us_shale-27-jun-2018-156098-article/

American innovation can always triumph over liberal 'think', if we keep BIG government away.  

posted by QuakerOats

https://www.rigzone.com/news/wire/natural_gas_execs_see_century_of_supply_in_us_shale-27-jun-2018-156098-article/

American innovation can always triumph over liberal 'think', if we keep BIG government away.  

Wasn't it Obama that was President during the shale oil/natural gas boom?

Despite his attempts at curtailing most projects, i.e. Keystone etc.., it was Republican governors and legislatures in key states that allowed the boom to get rolling.  There is virtually no clearer way to illustrate the difference between the two parties than looking at the shutdown of nat gas in NY and MD, versus the boom in Ohio, WV, TX etc...   It is night and day.

Per Trump twitter feed: Scott Pruitt, the scandal ridden head of the EPA has finally submitted his resignation. I'm surprised he lasted this long.

DHS: Apprehensions plummet almost 20 percent amid ‘zero tolerance’ push

posted by ptown_trojans_1

Per Trump twitter feed: Scott Pruitt, the scandal ridden head of the EPA has finally submitted his resignation. I'm surprised he lasted this long.

Accosted one-too-many times in restaurants by radical, open border socialists. 

posted by QuakerOats

 

Accosted one-too-many times in restaurants by radical, open border socialists. 

 

LOL. Maybe Trump thought he looked too weak in the video and told him to GTFO. 

posted by ptown_trojans_1

Per Trump twitter feed: Scott Pruitt, the scandal ridden head of the EPA has finally submitted his resignation. I'm surprised he lasted this long.

 

That's one of the more notable "swamp draining" moments we've had since the "drain the swamp" thing became a political slogan.

Pruitt was a chucklehead.

Well, I am just happy the EPA didn't poison an entire river under his watch.  I think the next guy that is supposed to take his place was part of the coal lobby.  Not much is going to change at the EPA lol.

Shouldn't be too hard to find someone who will carry out the administration's policies without abusing the office every other week. 

Johnson Controls CEO: Manufacturing’s Future Brings News Jobs.

In a column for Fox Business (7/5), Johnson Controls Chairman & CEO George Oliver writes that “American workers are witnessing a record streak of job growth, historically low unemployment and high optimism.”

Truck Owners Increase Rig Orders By 18.5% In June.

The Wall Street Journal (7/5, Smith, Subscription Publication) reports that trucking companies increased rig orders by 18.5% in June over May, according to data from ACT Research. The Journal states that the rig orders are driving factory backlogs to their highest levels in almost twenty years, and the June 2018 rig orders are roughly double the number ordered the previous June

In a blog post for Shopfloor (7/5), NAM Vice President of Tax and Domestic Economic Policy Christopher Netram writes that “employees at Jamison Door Company in Hagerstown, Maryland, are feeling the benefits of tax reform in a major way – receiving two special cash bonuses, thanks to increased competitiveness under the tax law.” Netram adds that “Jamison’s 120 employees received two bonuses, each equivalent to one week’s salary – first in August, in anticipation of tax reform, and again in February, after the new law took effect,” adding that the bonuses are “just the beginning,”

Franklin Corporation Investing $2.7M In Mississippi Expansion, Will Add 60 Jobs.

Area Development Magazine (7/5)

BMT Manufacturing Investing $3.7M In Tennessee Operations, Creating 148 New Jobs.

WATE-TV Knoxville, TN (7/5) reports that Tennessee manufacturer BMT Manufacturing “announced plans for to expand their operations into Campbell County, investing a total of $3.7 million and creating 148 new jobs.”

Change we can [really] believe in.  

+ 213,000 jobs in June. 

Have a great weekend. 

Job numbers are great so far. Wages are still meh, so hopefully those rise. 

The trade wars have begun they have....as the Chinese and US tariffs have now kicked in. It will be interesting to see how this trickles down to the consumers and how different sectors absorb the hits. 

Here is now the test for the Trump economy and if it will work. 

posted by ptown_trojans_1

Job numbers are great so far. Wages are still meh, so hopefully those rise. 

The trade wars have begun they have....as the Chinese and US tariffs have now kicked in. It will be interesting to see how this trickles down to the consumers and how different sectors absorb the hits. 

Here is now the test for the Trump economy and if it will work. 

Spoiler alert: It won't.  Tariffs never work.  Trump is stepping on his own toes to make sure he counteracts his own gains. 

posted by like_that

Spoiler alert: It won't.  Tariffs never work.  Trump is stepping on his own toes to make sure he counteracts his own gains. 

Well, according to Trump, “Trade wars are good, and easy to win.”

Soybean prices have already tumbled. 

https://www.bloomberg.com/news/articles/2018-07-05/u-s-soy-prices-are-crumbling-as-trade-war-sparks-brazil-rally?utm_content=markets&utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter&cmpid%3D=socialflow-twitter-markets 

posted by ptown_trojans_1

Well, according to Trump, “Trade wars are good, and easy to win.”

Soybean prices have already tumbled. 

https://www.bloomberg.com/news/articles/2018-07-05/u-s-soy-prices-are-crumbling-as-trade-war-sparks-brazil-rally?utm_content=markets&utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter&cmpid%3D=socialflow-twitter-markets 

Bloomberg? Really? C'mon son.

posted by superman

Bloomberg? Really? C'mon son.

Ok, here ya go:

https://www.foxbusiness.com/markets/soybean-farmer-reacts-to-china-tariffs-a-lose-lose-situation

Also, they were just reporting the markets. So far, not looking good 

posted by ptown_trojans_1

Ok, here ya go:

https://www.foxbusiness.com/markets/soybean-farmer-reacts-to-china-tariffs-a-lose-lose-situation

 

Also, they were just reporting the markets. So far, not looking good 

They are editorializing.  You know it.  

"... Until then, Heck said the only option for farmers is to wait and see whether the world’s two biggest economies settle the tariff discussions. ..."

Uhhhh, duh? To expect that trade between the two countries will be awesome while the slugfest is going on is foolish.  The fight taking place is because the administration doesn't like the current status of trade.  To change it takes some effort and evaluating the effort's success based on the response when you throw the first punch is shortsighted.  The goal's success or lack-there-of should be evaluated after the final bell has rung. 

https://www.washingtonexaminer.com/washington-secrets/under-new-management-trumps-fresh-eyes-sparks-massive-federal-reform

Amen.