As Economy Continues to Steam Forward, Federal Reserve Raises Interest Rates a Quarter Percentage Point

  As Economy Continues to Steam Forward, Federal Reserve Raises Interest Rates a Quarter Percentage Point Continuing a recent trend of positive economic news, the Federal Reserve announced June 13th that interest rates would be raised a quarter percentage point and additional increases are planned for the near future. CNBC’s Jeff Cox explains in his recent article titled “Fed hikes rates, points to two more increases by year’s end” that the rate is closely tied to consumer debt, including credit cards, home equity lines, and similar adjustable instruments. The U.S. Bureau of Labor Statistics released the Real Earnings Summary for April to May 2018 on June 12, reporting an increase… Read More

Mr and Mrs Main Street Super Pac

Why does Main Street need a voice as a Super PAC? Increasing economic disparity is why we represent the 99%. Economic interests out of your purview continue to drive growth by increasing money supply. What does this mean? The Federal Reserve, Banks and Government (Your Representatives) create activity to keep confidence high while the majority of the population is not represented for these decisions. Since the middle class is not well versed in global finance and economics most decisions do not improve individual wealth and wage growth. View our FOUNDERS LETTER and support us with a DONATION We are a PAC for Mr. and Mrs. Main Street to finance independent… Read More

The Economy Added 200,000 Jobs in January as Tax Cuts Begin to Lift Economy

The Economy Added 200,000 Jobs in January as Tax Cuts Begin to Lift Economy The economy added 200,000 jobs in January, and the unemployment rate was unchanged at 4.1 percent for the 4th consecutive quarter according to a U.S. Bureau of Labor Statistics report released February 2, 2018 titled, “The Employment Situation—January 2018.”  The report went further to indicate that employment in construction, food services and drinking places, health care, and manufacturing continued to trend upwards. “When we began our push for tax cuts, I promised that our bill would result in more jobs, higher wages, and tremendous relief for middle-class families, and that is exactly what we have delivered,”… Read More