Saturday, September 14, 2024
Most people Want Supreme Court Reforms
This chart is from a survey done by the Annenberg Public Policy Center of 1,590 adults nationwide, with a 3.2 point margin of error.
Two New Polls Show Harris Lead Extended
The chart above reflects the results of the Reuters / Ipsos Poll -- done on September 11th and 12th of a nationwide sample of 1,405 registered voters, with a 3 point margin of error.
Friday, September 13, 2024
NPR / PBS NewsHour / Marist Poll Has Harris With Small Lead
The chart above reflects the results of a NPR / PBS NewsHour / Marist Poll -- done between September 3rd and 5th of a nationwide sample of 1,413 registered voters (with a 3.3 point margin of error), and 1,164 who say they will definitely vote (with a 3.6 point margin of error).
About 230,000 Workers Filed For Unemployment Last Week
The Labor Department released its weekly unemployment report on Thursday. It showed that about 230,000 workers filed for unemployment benefits in the week ending on September 7th. Here is the official Labor Department statement:
In the week ending September 7, the advance figure for seasonally adjusted initial claims was 230,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 227,000 to 228,000. The 4-week moving average was 230,750, an increase of 500 from the previous week's revised average. The previous week's average was revised up by 250 from 230,000 to 230,250.
Trump Would NOT Make The Economy Better For Workers
I was astounded the other day when some people were questioned. Several said they thought electing Donald Trump would be better for the economy. I could understand that if those questioned were rich, but they were not. They seemed to be members of the working and/or middle classes.
Where did they get such a crazy idea? How could they think that a super-rich person who has never done anything for workers would do so in a new term? What are his policies that they think would help workers?
Although Trump has been campaigning for months, he has only revealed three things he would do for the economy: extend the tax cut he got passed when he was in office, impose heavy tariffs (between 10% and 60%) on imported goods entering the U.S., and put billionaire corporate mogul Elon Musk in charge of de-regulating corporations.
Extending his tax cuts (82% of which went to the rich) will not help anyone but the rich - and it will add trillions of dollars to the national debt. How will that help the working or middle classes?
His tariff idea would just significantly increase the price of goods in the United States. Inflation has been reduced during the term of President Biden, and it is still falling. Trump's tariffs would reverse that - increasing inflation. How will that help the working or middle classes?
And de-regulating corporations would not help. Those regulations are in place to protect workers and consumers. And the corporations don't need that de-regulation, since they are currently making record profits with the regulations in place. How would de-regulation help the working and middle classes?
The truth is that Trump's economic policies would be great for the rich, super-rich, and corporations. But it would not help anyone else. Trump's policies would actually make things worse for the bottom 90% of Americans.
Trump loves to claim the economy was better under him than under Biden. That's a lie. Real GDP is higher now than it was under Trump. And more jobs have been created under Biden than under Trump. Both are true even after accounting for the effect of COVID.
Don't fall for Trump's lies. The economy would NOT be better under him - it would be worse for the working and middle classes!
Thursday, September 12, 2024
U.S. Public Wants Stricter Gun Laws
The charts above reflect the results of the Economist / YouGov Poll -- done between September 8th and 10th of a nationwide sample of 1,626 adults, with a 3.3 point margin of error.
Wednesday, September 11, 2024
57% Say Trump Campaign Messages Not Based On Facts
The chart above reflects the results of the AP / NORC Poll -- done between July 29th and August 8th of a nationwide sample of 1,019 adults, with a 4 point margin of error.
Two New North Carolina Polls Show Harris Up By 3 Points
The WRAL News Poll was conducted between September 4th and 7th of 900 North Carolina adults, and has a 4.9 point margin of error.
The Quinnipiac University Poll was conducted between September 4th and 8th of 940 likely North Carolina voters, and has a 3.2 point margin of error.
Tariffs Are A Tax On Americans - Not Foreign Nations
While campaigning in the 2016 election, Donald Trump said he would built a wall between the United States and Mexico - and Mexico would pay for the wall. It was a ridiculous assertion, and it did not come true. Only a few miles of that wall was ever built, and that was paid for by U.S. taxpayers - NOT Mexico.
Now he is trying to fool the American people again. He wants to continue his tax breaks - 82% of which went to the rich and super-rich. And he wants to pay for it by imposing tariffs on foreign goods entering the United States by between 10% and 60%.
He's upset because Democrats are telling the truth about his tariffs - that it just amount to a big tax on American consumers. He keeps saying that foreign countries will pay the tariff (tax) and not Americans.
He's either blatantly lying or he doesn't understand how basic economics work - or both!
Consider how a tariff works. The tariff is not imposed until the foreign goods enter this country (not when they are shipped). And who pays the tariff? That would be the American company that ordered the goods. And that company would recover the money they spent on a tariff by raising the price of goods when they sell them to the American consumer.
That means if a 10% tariff is imposed, then the imported goods will cost the U.S. consumer an extra 10% in price.
Now, a Republican might tell you to just buy products made or grown in the United States. But that is almost impossible to do. About 40% to 60% of the fruits and vegetables in our grocery stores are imported, and the price for them will be inflated. Also, there are many products that are not made in the United States (like TV's). If you buy one of these, the price will be inflated by the amount of the tariff.
Trump would like you to believe his tariff's would be paid by foreign countries - but that isn't true. His tariffs are nothing more than a tax on Americans - a tax that will make the already too high inflation even worse.
Tuesday, September 10, 2024
New Poll Shows Blacks Are Solidly Behind Kamala Harris
The charts above are from the Washington Post / Ipsos Poll -- done between August 23rd and September 3rd of a nationwide sample of 924 Black registered voters, with a 3.4 point margin of error.
Subscribe to:
Posts (Atom)