The last we wrote about the trade deficit was almost one month ago in March, where the deficit was currently at $68.2 billion (1.9%) after January.
The previous record, according to MarketWatch, was in November of last year at $69 billion.
Americans are purchasing more imported goods while other nations are not as interested in our goods.
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President Trump and the conservative media continually spun things to make it seem like America’s economy was doing fantastic and America was winning the trade war: far from it. Granted there were improvements in different areas, but many people truly never recovered from 2008. Many were willingly and blindly led to walk on fractured ice, and once 2020 rolled around with the scamdemic, we saw what happened.
The MarketWatch report is trying to spin this and actually say the economy is improving! Tell me how the economy is improving when this nation just set a record high trade deficit?? It’s sheer nonsense. Last week there was this propaganda piece that was covered by the media on both sides, a lot, and the media teleprompter readers where like kids in a candy store talking about this supposed 916,000 jobs gained in March.
Not only do these reports from mainstream media never tell you where these jobs went, they conveniently spin the data to say jobs were “created.” NO, they are not created: these are jobs that are predominantly going back to the hospitality and sectors such as restaurants, hotels, air travel, and even the education and public sectors. The jobs and businesses that were lost are gone. End of story.
When you hear the nonsense of job creation (which I personally do not even believe these numbers they gave us), do some simple math. Based on the weekly jobless claims we have do each week, add up all the weeks in March and subtract these new “created” jobs. Based off the jobless claims data the Labor Department tells us, in March America saw approximately 3,080,000 claims filed. Minus the supposed 916,000 “created” jobs – leaving us -2,151,000!
Does that look like a good economy to you? Leave us your thoughts below.
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The COVID chaos is even crazier now. New York City is now starting to unleash the vaccine bus very soon. The vaccine bus will administer 150-200 doses a day to hard to reach New Yorkers. In New York, ALL people 16+ are eligible to get their vaccine with a couple of caveats. One caveat is that 16 &17 year olds can only get Pfizer, & the other caveat is that 16 & 17 year olds need parental consent. I believe that the vaccine buses are another tool that the civil leaders will use to vaccinate as many people as possible. They will test their system as soon as they have a portion of the population fully vaccinated.
Article: https://newyork.cbslocal.com/2021/04/07/covid-19-vaccine-new-york-city-covid-vaccine-buses-coronavirus-nyc-health-hospitals/
Any who, there was also a few news anchors from today got their doses: https://www.youtube.com/watch?v=7E7L6wkQCCY
Plus Joe Biden decided to move the day that all adults are eligible to April 19th 2021. I will be refusing the vaccine.