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CA raised the minimum wage and now 16k fast food jobs have been lost. Cramer predicts that a Fed rate cut will ward off recession, the opposite is going to happen. Schumer folded and Trump confirms we are headed in a whole new direction. Economy is about to take off. Everything the [DS] projected onto we the people is now boomeranging on them. They called MAGA domestic terrorist but now we can see who the real domestic terrorists are. Sometime you have to show the people. Why did Trump start with fraud? This will build the narrative that everything that these people have done has to do with fraud. This will lead directly to the 2020 elections and that Biden was not the President of the US.

 

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Economy

CA down 16K fast food jobs amid $20 wage, debunking Newsom-cited study

 Federal data now shows California fast food employment is down 16,000 jobs since the passage of the state’s $20-per-hour fast food minimum wage last year.

A fast food study from the Berkeley Research Group found California fast food prices increased 14.5% from September 2023 to October 2024, or double the national average.

The U.S. Bureau of Labor Statistics’ quarterly employment survey covers 95% of American jobs, and is considered the gold standard for jobs and wage data. Now its latest report shows California fast food jobs declined from 570,909 in September 2023 to 554,748 in September 2024.

Source: gopusa.com  

Fed rate cuts could ward off a serious recession, Jim Cramer says

CNBC’s Jim Cramer analyzed   market action, saying new economic data could pave the way for the Federal Reserve to cut interest rates.

“We’re most likely not going to go into a serious recession, because the Fed can take action to prevent that,” he said. “And even if the Fed does nothing, the market can recover once all of this tariff stuff is behind us — and it will be behind us at some point.”Trump has a point with tariffs, but his rhetoric is too aggressive, says Jim Cramer

Source: nbcnews.com

China hits back at Canada with fresh agriculture tariffs

 China has announced plans to impose tariffs on certain Canadian goods. This decision was made in retaliation to Canada’s earlier imposition of tariffs on Chinese-made electric vehicles, steel, and aluminum products in October of the previous year. According to statements from China's Customs Tariff Commission of the State Council, effective March 20, 2025, China will apply a 100% tariff on Canadian rapeseed oil, oil cakes, and peas, as well as a 25% tariff on Canadian aquatic products and pork. This move is part of an escalating trade dispute, influenced in part by broader tensions involving U.S. trade policies under President Donald Trump, who has also imposed tariffs on Canada, Mexico, and China. China's commerce ministry has described Canada’s actions as violating World Trade Organization rules and constituting protectionism, prompting this retaliatory response 

Trump Effect: Gas Prices PLUMMET Below $3 in 31 States — A Stark Contrast to Biden’s $5/Gallon Disaster

Source: AAA

https://twitter.com/RapidResponse47/status/1900529607129944543?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1900529607129944543%7Ctwgr%5Eb15a05fb480f65d2195faf46cde22bf1b8b17ed6%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F03%2Ftrump-effect-gas-prices-plummet-below-3-31%2F

Source: thegatewaypundit.com