Economics – California Globe

New GDP Report Shows Astounding Growth in Trump’s Economy

July 31, 2025 7:36 amJuly 31, 2025 7:36 am

Some radio and TV hosts might want to consider refraining from practicing economics live on air. Most do not understand President Trump’s tariffs, nor do they understand the basics of GDP – Gross Domestic Product, the total value of goods...

Critics of Trump’s Reciprocal Tariffs are Missing the Economics Gene

March 11, 2025 2:55 amMarch 12, 2025 6:38 am

Critics of Trump are hysterical over his promise of reciprocal tariffs, and fundamentally disagree with his positions on the economy. They blame Trump for the price of eggs, the Russia/Ukraine war, DOGE and Elon Musk, and decry cuts to the...

Gov. Newsom’s Office Continues to Fib About Fast Food Job Losses – Claims Job Gains

August 20, 2024 11:27 amAugust 21, 2024 4:23 pm

The Globe received another of Gov. Gavin Newsom’s PR flaks’ gloating emails still claiming that fast food jobs are up in California – even with the $20 per hour wage going into effect April 2024. In June, the Globe reported...

Gov. Newsom’s ‘Mischaracterized’ Fast Food Job Statistics – Good Enough for Government Work?

June 28, 2024 11:05 amJune 29, 2024 11:16 am

Earlier in June, the Globe reported that California has lost just under 10,000 fast food jobs since the new $20 minimum wage for fast food employees was first signed into law late last year, according to the California Business and...