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#MAGA Labor Sec Predicts Almost ‘2 Million’ Jobs For 2017!

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(Via The Daily Caller)
Secretary of Labor Alexander Acosta expects the number of new jobs created in President Donald Trump’s first year in office to hit nearly 2 million, he told reporters in a Thursday roundtable.

“However you ever look at it we’ve created a lot of new jobs,” Acosta declared, adding that “we may hit 2 million for the calendar year, we’ll probably be just under 2 million for the calendar year.” The secretary highlighted the drop in the unemployment rate to 4.1 percent and the Federal Reserve’s forecast of unemployment in 2018 falling even lower, which would make it “the lowest unemployment rate since the 60s.”

Acosta added that “this September we had the highest total employment level ever in the United States.”

A White House handout elaborated that 159,000 of the additional jobs were in the manufacturing sector, with another 57,000 in the mining and logging industries. Both job areas highlighted as priority growth areas by President Donald Trump throughout the 2016 campaign.

MarketWatch noted in a recent report that “the median jobs growth of 208,000 per month is the strongest for a president since Trump’s wedding guest Bill Clinton was in office.”

Acosta warned however that a skills gap remained between open jobs and workers to fill them pointing to the approximately 6 million unfilled jobs in the U.S. The secretary highlighted an initiative by the Trump administration to increase apprenticeship opportunities and remove barrier to entries for workers.

This barrier includes occupational licensing and the non-transferability of some licenses across state lines, which decreases the ability of workers to move or forces some spouses to give up a job in the event a family move is required.

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Soros Newest Investor Of Tesla Bonds

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Tesla looks to have a new bond holder and it’s none other than George Soros. Whatever this mean, Soros has also taken a stake in Crypto-Currencies .

Zerohedge Reports: Amid Elon Musk’s darkest hour in late March – as his stocks and bonds tumbled in price – it seems there was at least one other billionaire willing to buy the ‘blood on the street’.

According to the latest 13Fs, George Soros’ investment firm took a $35 million stake in Tesla’s convertible bonds during the first three months of the year.

As a reminder, convertibles are hybrid securities, either bonds or preferred stock, that can be exchanged for a predetermined number of common shares. That effectively lets an investor participate in stock-price changes, but with the yield and greater security of a fixed-income instrument.

The March 2019 Converts bounced handsomely off those lows – tracking the stock’s divergent bounce – but in recent days has fallen back towards the lows, catching down to the straight bonds record low price.

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Trump will lend American exceptionalism to North Korea, if they Denuke-Why it will work

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Sunday, Mike Pompeo, Secretary of State was on CBS Face the Nation discussing  conversations he has had with the leader of North Korea, Kim Jong-Un.  Pompeo talked about what he believes the US shares in common with North Korea; the spirit of small business.

The following is a snippet of a longer interview, where Pompeo discusses what leverage the US has to force Jong-Un to denuclearize, a demand President Donald J. Trump  has made and continues to support:

SECRETARY POMPEO: What Chairman Kim will get from America is our finest – our entrepreneurs, our risk-takers, our capital providers, not our taxpayers. They’ll get people who —

FACE THE NATION: Private capital?

SECRETARY POMPEO: They will get private capital that comes in. North Korea is desperately in need of energy support, electricity for their people. They are – they’re in great need of agricultural equipment and technology, the finest from the Midwest that I come from. We can deliver that. And as I said earlier this week, we can create conditions for real economic prosperity for the North Korean people that will rival that of the South, and that is our expectation. It won’t be U.S. taxpayers. It will be American know-how, knowledge, entrepreneurs, and risk-takers working alongside the North Korean people to create a robust economy for their people, too.

Full transcript Here

Watch Interview Here:

IT IS ALREADY HAPPENING

According to  THIS article, “North Korea’s pseudo-Stalinist government allows a Singapore-based nonprofit called Choson Exchange to run business and entrepreneurship classes in the country, with foreigners teaching North Koreans how to run Western-style enterprises. In fact, these weeklong programs have been held a few times per year for the better part of a decade,” wrote Quartz at Work.

“They have aspirations that we can relate to,” Choson Spokesman said of North Korea.

“Choson Exchange was founded in 2010 by Geoffrey See, a graduate of the University of Pennsylvania’s Wharton School and of Yale, who lives in his native Singapore. Since then, it has led some 1,600 locals in business workshops”, according to the NewssSite.

OPEN TO IT

According to THIS article, discussing Market reforms in North Korea, foreign investment has long been a goal of Jong-Un’s.

“Contrary to the widespread view of the DPRK as a sealed-off country with a closed, inward-oriented economy, North Korea has historically based its economic development strategies on the constant need to maintain ties with foreign countries to generate revenues from exports and bring in foreign technologies.

Although the word reform still constitutes a taboo for North Korean officials, policies aimed at further opening the economy of the DPRK were Pyongyang’s favored option to put the country back on track after the famine of the 1990’s,” said NKNews.

SUPPORT FROM THE TOP

Kim Jong Un, although apparently a hard-liner when it comes to the North Korea’s nuclear development, has also in parallel championed the development of the economy through more active cooperation with foreign countries.

Special Economic Zones, partly modeled after China’s, have proliferated to every single province of the country, are increasingly specialized in certain sectors, and have seen their number rise from four in 2011 to no less than 26 (including Kaesong) in 2017,” reported NKNews.

SUMMIT

Trump and Jong-Un will meet in Singapore June 12. Jong-un, who is still viewed cautiously by the Trump administration,  has offered a number of goodwill gestures to please Trump prior to their meeting, including releasing hostages and offering a denuclearization ceremony.

 

 

 

 

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“Racial Bias Education Day” To Close Down Starbucks Nationwide

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Starbucks is going to the illogical extreme by taking an entire day to put their employees through what they call “Racial Bias Education Day”. Coming after a viral videos showed two men being arrested in a Starbucks in Philadelphia. Starbucks almost instantly gave into calls to do ‘something’ but will this really fix anything in a culture where ‘racism’ is more of a political talking point than an actual substantive conversation or debate.

CNBC Reports: Starbucks said Tuesday it will be closing all of its company-owned restaurants in the U.S. during the afternoon of May 29 to conduct a racial-bias education program.

“I’ve spent the last few days in Philadelphia with my leadership team listening to the community, learning what we did wrong and the steps we need to take to fix it,” Kevin Johnson, CEO of Starbucks, said in a statement Tuesday. “While this is not limited to Starbucks, we’re committed to being a part of the solution. Closing our stores for racial bias training is just one step in a journey that requires dedication from every level of our company and partnerships in our local communities.”

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