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#1527161 --- 03/30/19 02:54 PM
Re: The Trump effect continues! MORE WINNING!
[Re: Ben444]
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Silver Member
Registered: 11/06/08
Posts: 12660
Loc: NY
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Final Consumer Sentiment for March Gains Significantly, Beating Forecasts ECONOMY MARCH 29, 2019 AUTHOR: PPD BUSINESS STAFF0 COMMENTS
Percentage Of Households Reporting Income Gains Highest Since 1966
The final reading on consumer sentiment for March showed significant acceleration, rising to 98.4 to beat the high end of the forecast range. The gain in March was fueled by increased optimism among working Americans.
“Consumer confidence rebounded in March to 98.4 from last month’s 93.8, slightly above the average of 97.2 recorded in the past 26 months,” Richard Curtain, chief economist for the Survey of Consumers said.
“The March gain in the Sentiment Index was entirely due to households with incomes in the bottom two-thirds of the income distribution, posting a gain of +7.1 Index-points, while households with incomes in the top third fell by 1.1 Index-points.”
The consensus forecast for the Survey of Consumers was looking for an already strong 97.8, ranging from a low of 97.5 to a high of 97.9. Worth noting, the data do not indicate an emerging recession, but rather slightly lower unit sales for vehicles and homes (See chart below).
“Middle and lower income households more frequently reported income gains than last month, although income gains were still widespread among upper income households,” Mr. Curtain added. “Indeed, the last time a larger proportion of households reported income gains was in 1966.”
Current Economic Conditions soared to 113.3, up from an already strong 108.5 in February. The Index of Consumer Expectations rose strongly to 88.8, up from 84.4 in February.
Reported current and expected rising incomes were accompanied by lower expected year-ahead inflation rates, resulting in more favorable real income expectations. Overall, all income groups voiced more favorable growth prospects for the economy.
While no further decline in interest rate expectations was recorded in March, survey data suggest consumers anticipate additional increases in 2019.
“Finally, it should be noted that too few interviews were conducted following the summary release of the Mueller report to have any impact on the March data; if there is any, it may affect the April data,” Mr. Curtain added.
The next data release, which will be the preliminary reading for April, is scheduled for Friday, April 12, 2019 at 10:00 a.m. EST.
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#1527202 --- 03/31/19 04:49 PM
Re: The Trump effect continues! MORE WINNING!
[Re: cwjga]
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Silver Member
Registered: 11/06/08
Posts: 12660
Loc: NY
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Those Wanting Medicare for All Have Not Been on Medicare Bruce Bialosky Bruce Bialosky |Posted: Mar 31, 2019 12:01 AM The opinions expressed by columnists are their own and do not represent the views of Townhall.com.
Those Wanting Medicare for All Have Not Been on Medicare Source: AP Photo/Andrew Harnik
Trending Derek Hunter White Men Really Are The Worst Bruce Bialosky Those Wanting Medicare for All Have Not Been on Medicare Wayne Allyn Root It's Time to Turn the Hunters Into the Hunted
Now that the Democrats got skunked on their plan to take down Trump with Russia they have pivoted along with their teammates on cable news to health care.
The people who work on governmental health policy quite often have not experienced having the insurance they regulate. Recently single-payer insurance (i.e. government operated and controlled medical insurance) has been recast with the cutesy name “Medicare for All.” As someone who recently became a Medicare-covered individual along with the Beautiful Wife (BW), let’s talk about reality.
As you know, Medicare is a program begun in 1966 to cover people 65 years of age and older. The program is to be paid through lifelong payroll tax payments akin to social security. Unlike social security, the benefits are not related to how much you have paid into the program. An important point to understand is (for most people) the vast majority of medical expenses are incurred near the end of one’s life. When the program was established, it was not anticipated that people would be living as long as they do. This has also driven up costs; i.e., keeping older people alive.
As an aside, Medicare covers for pre-existing conditions. 180 million people who are covered by corporation health insurance also are covered for pre-existing conditions as well as those covered by Medicaid. That is over 90% of Americans, so we can dispense with that canard. Some politicians want you to believe people are threatening to take away coverage for pre-existing conditions when that is just not true.
CARTOONS | VIEW CARTOON One thing you need to know is who must go on Medicare. If you have personal insurance or are covered by group insurance where the group is 20 or fewer people, you must go on Medicare. If you have coverage by a company and there are more than 20 people on the plan, you can opt out. More seniors are working past 65 years old and are opting out of portions of Medicare to remain covered by their employers. One reason is Obamacare outlawed reimbursement to the employees of any insurance paid by employees.
When you are young – except possibly those caring for an elderly parent - you probably don’t know how Medicare works. You think that if you have Medicare that covers you because you have been making payments into the program for 40 or more years, but nothing could be further from the truth. What you need to know is your “alphabet” to understand the different components.
There are four main elements to consider:
Part A – This is the free element. It covers your medically-necessary hospitalization. That is the only thing you get at no cost, somewhat. This has a co-pay of up to $1,364 annually in 2019.
Part B – This covers doctor fees and some outpatient services. This you pay for to Medicare. If you receive Social Security, the government deducts your insurance premiums from your monthly social security payments. Also, Part B benefits are income tested. That is why 12.4% of people opt out of this benefit and remain covered by their employers. The more money you make the higher your premiums, which start at $135.50 per month currently. Monthly premiums can go as high as $460.50. Part B has a co-pay of up to $185 annually in 2019.
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#1551153 --- 06/27/20 04:51 PM
Re: The Trump effect continues! MORE WINNING!
[Re: ThomasDecker]
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Senior Member
Registered: 08/17/16
Posts: 9496
Loc: GreatAwakening
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 vanka Trump: US Gov Will Emphasise Skills Over ‘Outdated Degree Requirements’ in Federal Hiring The development comes as a host of private companies, including Apple, Lockheed Martin and Siemens have joined a Trump administration initiative geared toward promoting multiple education and training pathways, likely benefiting those who did not attend university. Ivanka Trump has announced the penning of a new Executive Order (EO) in hiring for federal government jobs that will privilege skill sets over university degrees. Ivanka- who doubles up as an advisor to her father, President Trump - has said that the new policy would make room for the “talents and competencies of all Americans” to be considered for federal employment and will ensure that government agencies move beyond “outdated degree requirements” in the hiring process. https://wearethene.ws/assets/images/m0/9...f9b267351ac.png I think this is a fantastic move. I don't have a college degree and I have been discriminated my entire life because of it. I have been passed over for promotions, better paying jobs, ect…..because well, you don't have a degree. Total bullshit because to me, I have always said, that experience should trump any degree. Sorry just my humble opinion. I have seen college degreed little assholes who are totally worthless in the workforce get higher paying jobs, and then EXPECT to get promoted right away, because they are so special and I have always just been the workhorse who held the place together. I have raised my kids to work hard, and then find ways to work harder. It may not ever get you anywhere, but I have taught them that they are not entitled little brats who will act as they are ever above anyone. That they need to EARN their place; it will NEVER just be handed to them. So far….I am seeing great results with them. The world needs more redblood hard knuckle WORKERS who will bust their asses, and be rewarded for it in their paychecks. Not because they have some lousy degree that basically their parents paid for, for them to party away from home for 4 years (and I am not saying ALL are like this, of course not…..it's just that is what I have seen in my 30+ years in the workforce. )
Edited by ThomasDecker (06/27/20 04:52 PM)
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Luke 8:17
James 1:12
NCSWIC
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