Economy of the United States – Author Carlo Carrasco

Trump Announces $1,776 Christmas Bonus For American Troops

December 19, 2025December 18, 2025carlocarrasco

I believe that every nation has to reward its armed forces in return for the extensive services they rendered for the citizens and the government throughout the year. Just today, I learned via a Newsmax news report that US President Donald Trump announced that every active-duty member of the United States Armed Forces will receive a Christmas bonus worth $1,776 – called the Warrior Dividend – and already the checks are on their way to them (1.45 million service members).

Before proceeding with the news and details, let me remind you all that Christmas is all about Lord Jesus, and never about the character called Santa Claus. Lord Jesus is our Savior and the Hope of ALL nations! Wherever you are, celebrate Christmas with your family remembering Lord Jesus and living on with His peace. All the praise, honor and thanks to the Lord!

To put things in perspective, posted below is an excerpt from the news report of Newsmax. Some parts in boldface…

President Donald Trump announced Wednesday night that every active-duty member of the U.S. armed forces will receive a $1,776 Christmas bonus, unveiling what he called the “Warrior Dividend” during a nationally televised prime-time address from the White House.

Trump said the one-time payment would go to roughly 1.45 million service members and is already being distributed, with checks scheduled to arrive before Christmas. The amount, Trump said, was deliberately chosen to honor America’s founding in 1776. That’s just ahead of the nation’s 250th anniversary, to be celebrate (throughout) the coming year.

“I am also proud to announce that 1,450,000 military service members will receive a special — we call Warrior Dividend — before Christmas, a Warrior Dividend in honor of our nation’s founding in 1776,” Trump said during the address, which was carried live by Newsmax from the White House Diplomatic Room.

“We are sending every soldier $1,776. The checks are already on the way,” Trump said. “Nobody deserves it more than our military. And I say congratulations to everybody.”

The Warrior Dividend emerged as a highlight of Trump’s year-end prime-time address, which the White House framed as a review of economic gains and fiscal changes achieved during his second term and promised gains in the (coming) years of the president’s second term. The speech focused heavily on revenue growth, job creation, and what Trump described as a reshaping of federal finances.

Trump tied the military bonus directly to increased government revenue generated through tariffs and recent legislation, arguing that stronger trade enforcement and changes in economic policy produced results that exceeded projections.

“We made a lot more money than anybody thought because of tariffs, and the bill helped us along,” Trump said.

The president cast the dividend as both a tangible reward and a symbolic gesture, presenting it as recognition of service members’ sacrifices while reinforcing claims of economic revival. Trump said the payment reflects an administration that prioritizes military families and uses economic strength to deliver direct benefits rather than expanding federal debt.

The prime-time address marked Trump’s final nationally televised speech of the year and served as a capstone to a broader messaging effort focused on economic performance. Trump used the speech to highlight tariff revenue, domestic manufacturing investment, and wage growth, arguing that those factors allowed the administration to deliver what he described as meaningful, immediate relief.

Let me end this piece by asking you readers: What is your reaction to this development? Do you find the Warrior Dividend a nice bonus for the active members of the United States Armed Forces? Are you looking forward to the 250^th Independence Day of the America? What are your current feelings or opinions about the US Armed Forces right now?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump Highlights Bright Spots Of US Economy Under His Leadership

November 7, 2025November 6, 2025carlocarrasco

During his speech at a major business forum held in Miami, Florida, US President highlighted bright spots of the national economy that were realized during his administration this year, according to a news report by Breitbart. It should be remembered that Trump was re-elected last year and there was series of economic hardships (including the worst inflation in decades) during the four years of failed US President Joe Biden.

To put things in perspective, posted below is an excerpt from Breitbart’s news report. Some parts in boldface…

President Donald Trump touted economic bright spots–including rising wages, lowering costs of goods, and falling interest rates–during his speech at the American Business Forum in Miami, Florida, on Wednesday.

Trump noted that under his presidency, miner wages have risen by an average of almost $5,000, construction worker wages have climbed by $2,200, and factory worker wages are up $1,300.

While wages are up, prices on many key goods are falling. Trump touted Walmart’s announcement that the average Thanksgiving Dinner will see a substantial drop this year. As Breitbart News reported late last month, Walmart’s bundle to feed 10 on Thanksgiving will run just under $40, averaging about $4 per person.

This is down from the average of $7 per person under last year’s pricing, when President Joe Biden was commander-in-chief on the heels of the 40-year-high inflation his and Democrat lawmakers’ economic policies brought upon Americans.

Trump also highlighted that egg prices are down 85 percent since March. In comparison, the Biden-Harris administration oversaw a 147 percent increase from the beginning of their administration through August 2024, just months before Trump’s historic election win on November 5, the first anniversary of which was Wednesday.

Other areas of dwindling costs Trump touted included energy prices and the typical new mortgage costs, which have dropped $3,000 this year. Moreover, interest rates are down to the 3.75-4 percent range after a second-quarter point rate cut this year at the end of October, as Breitbart News reported.

Trump touted job statistics as well on Wednesday, noting that 1.9 million more natural-born Americans are employed since he took office, and all new jobs created under him have been through the private sector.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the US economy is on the verge of taking off in connection with the many positive economic developments that happened since Trump returned as President? Are Americans becoming better off economically today than four years prior?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Tren de Aragua Gang Eliminated By America At Sea

September 5, 2025September 4, 2025carlocarrasco

United States President Donald Trump really means business when it comes to protecting his nation and citizens as America eliminated a vessel from Venezuela operated by the Tren de Aragua gang carrying illegal drugs, according to a Newsmax news report. Already the Prime Minister of Trinidad and Tobago praised the strike.

For the newcomers reading this, Tren de Aragua is a transnational criminal organization from Venezuela and its members has spread throughout Latin America and even in the United States. Tren de Aragua is officially a terrorist organization.

To put things in perspective, posted below is an excerpt from the news report of Newsmax. Some parts in boldface.

President Donald Trump said Tuesday that the U.S. has carried out a strike in the southern Caribbean against a drug-carrying vessel that departed from Venezuela and was operated by the Tren de Aragua gang.

The president said 11 were killed in the operation.

“The strike occurred while the terrorists were at sea in International waters transporting illegal narcotics, heading to the United States,” Trump said in a social media posting. “No U.S. Forces were harmed in this strike. Please let this serve as notice to anybody even thinking about bringing drugs into the United States of America.”

Secretary of State Marco Rubio said earlier on X that the vessel was being operated by a “designated narco-terrorist organization.” He described the operation as a lethal strike.

Rubio addressed the strike on Tuesday shortly before he was scheduled to depart for Mexico and Ecuador for talks on drug cartels, security, tariffs and more.

The U.S. recently announced plans to boost its maritime force in the waters off Venezuela to combat threats from Latin American drug cartels.

The U.S. has not signaled any planned land incursion by the thousands of personnel being deployed. Still, President Nicolás Maduro’s government has responded by deploying troops along Venezuela’s coast and border with neighboring Colombia, as well as by urging Venezuelans to enlist in a civilian militia.

For clarity, posted below is the entire social media post by President Trump regarding the strike. Pay close attention to the details:

Earlier this morning, on my Orders, U.S. Military Forces conducted a kinetic strike against positively identified Tren de Aragua Narcoterrorists in the SOUTHCOM area of responsibility. TDA is a designated Foreign Terrorist Organization, operating under the control of Nicolas Maduro, responsible for mass murder, drug trafficking, sex trafficking, and acts of violence and terror across the United States and Western Hemisphere. The strike occurred while the terrorists were at sea in International waters transporting illegal narcotics, heading to the United States. The strike resulted in 11 terrorists killed in action. No U.S. Forces were harmed in this strike. Please let this serve as notice to anybody even thinking about bringing drugs into the United States of America. BEWARE! Thank you for your attention to this matter!!!!!!!!!!!

Let me end this piece by asking you readers: What is your reaction to this development? Do you like what the Trump administration is doing with regards to combatting terrorists and the wave of illegal drugs coming from Latin America? What will it take to apprehend all the remaining Tren de Aragua members in the United States? Do you think bringing down the Maduro regime in Venezuela can be achieved during Trump’s 2^nd term?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump’s America Is a Shining Example of Solving The Illegal Immigration Crisis

September 4, 2025August 29, 2025carlocarrasco

There is no doubt that United States President Donald Trump and his administration have successfully secured their borders as Homeland Security Secretary Kristi Noem confirmed during a recent cabinet meeting that absolutely zero illegals entered their country over the past three months, according to a Newsmax news report.

Trump’s America not only succeeded in securing the borders, the United States Immigration and Customs Enforcement (ICE) continues to apprehend and deport illegal immigrants with criminal records, other illegal immigrants volunteered to be deported back to where they came from, the safety of the citizens has improved and more citizens have gotten employed this year. Homeland security is working in tandem with the other departments of the government such as Defense, Justice and Immigration. These developments are indeed change that Americans and Trump supports can believe in.

To put things in perspective, posted below is an excerpt from the news report of Newsmax. Some parts in boldface.

The U.S. has gone three straight months without an illegal immigrant entering the country and 1.6 million inside the country have self-deported, Homeland Security Secretary Kristi Noem said Tuesday.

Noem, speaking during a Cabinet meeting that aired live on Newsmax and the Newsmax2 free online streaming platform, thanked President Donald Trump for his support and said that her department is following through on his campaign promise to make America safe again.

“Today, the average family and individual that lives in this country is safer than they’ve been in years because of what you’ve done,” Noem said. “We’ve gone three months in a row now with zero illegal aliens coming into this country.“

Noem also thanked Defense Secretary Pete Hegseth for helping her agency with border enforcement.

“They’re down at the border with us, still helping us keep that border secure and make sure we know who’s coming into this country,” she said. “You’ve arrested and brought to justice hundreds of thousands of illegal aliens, criminals that have perpetuated violence against American people. Sir, you’ve had 1.6 million people voluntarily go home to their home countries that were here in this country illegally. Because of your strong message and you enforcing the law, they decided to go home on their own so that they could come back the right way someday and be American citizens.

“But what I think is one of the most remarkable statistics is that under Joe Biden’s administration, 88% of new jobs went to foreign born individuals. Under your administration, 2.5 [million] Americans have jobs today that they didn’t under the previous administration. And they have those jobs because you created opportunities.

“You made this country safe. You opened up the economy. You enforced the law. Now people can get up and provide for their families and go to work every day and be confident in that.“

Noem also talked about the savings made on the president’s immigration crackdown, noting it cost American taxpayers between $8,000 and $9,000 to support each illegal immigrant “in what they were taking out of our social programs, out of Social Security.”

“You saved this country billions of dollars, about $15 billion just in what those illegal aliens were costing us in social programs,” Noem said. “I’ve cut over 450 different contracts at the Department of Homeland Security. We’re getting rid of corrupt ones, ones that were not efficient for taxpayers, weren’t focused on our mission of keeping us safe. And we’ve also renegotiated and brought in our biggest vendors and said, you have to do better.

“And we’ve saved the taxpayers over $13 billion doing that, as well. So, we’re continuing to be accountable with taxpayer dollars [and] focused on doing the mission of what you’ve committed, and that’s to keep us safe and to make sure we put Americans first.”

Trump appeared pleased to hear Noem’s report, thanking Noem, Hegseth and Tom Homan, his point man for mass deportations and border security.

Wow! What was revealed during the cabinet meeting was indeed a bunch of breakthroughs. The Trump administration is truly progressing with its immigration policies, economic efforts and putting Americans first. 2025 still has a few months left and already the United States is blossoming and has established itself as the shining example of solving the illegal immigration crisis and preventing foreigners from trespassing into the country.

Let me end this piece by asking you readers: What is your reaction to this development? Do you like what the Trump administration is doing with regards to border security, illegal immigration, job creation and the wellbeing of American citizens? Are you still surrounded by people who love illegal immigrants while they keep on attacking the Trump administration for serving the American people? How many people in your local community still follow the Democrats and the Islamo-Leftists?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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America sets 19% tariff on Philippine goods after crucial Trump-Marcos meeting

July 24, 2025July 23, 2025carlocarrasco

Months after initial communications were made (click here and here), Philippine President Ferdinand “Bongbong” Marcos, Jr. finally met with US President Donald Trump in the White House and this ultimately resulted in a 19% tariff on Philippine goods by America, according to two related news articles (click here and here) by the Philippine News Agency (PNA).

For the newcomers reading this, America initially announced a 17% tariff on products from the Philippines last April and it was recently revised to 20% which surprised many here in the Philippines. Now that the American tariff for Philippine goods has been settled at 19%, President Marcos called the reduction significant. It should be noted that America generated more than $100 billion in new revenue from tariffs under Trump this year.

To put things in perspective, posted below is an excerpt from the first PNA news article. Some parts in boldface…

Philippine exports to the United States (US) will now be subject to a 19 percent tariff, down from the 20 percent Washington initially planned to impose, US President Donald Trump announced following what he called a “beautiful visit” by President Ferdinand R. Marcos Jr. at the White House.

Part of the new deal includes granting zero tariffs for American products bound for the Philippines.

*Philippine President Marcos with US President Trump at the White House. (photo source – the White House)*

“It was a beautiful visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs. The Philippines will pay a 19% Tariff,” Trump posted on his Truth Social account early Wednesday (Manila time).

*Press Secretary Karoline Leavitt tweet of President Trump’s TRUTH Social post about the meeting with President Marcos and new trade deal.*

He also described Marcos as a “very good and tough negotiator.”

Latest data from the Philippine Statistics Authority showed that the US comprised the highest export value amounting to USD1.115 billion, or 15.3 percent of the country’s total exports in May this year.

Posted below is an excerpt from the other PNA news article related to Marcos’ description of the 1% reduction of tariff by America as well as his clarification about Philippines’ zero tariff approach on certain American products coming to the country. Some parts in boldface…

President Ferdinand R. Marcos Jr. defended the Philippines’ new trade arrangement with the United States (US), saying the reduced 19 percent tariff on Philippine exports—down from the proposed 20 percent—is a “significant achievement,” amid questions over its fairness.

“One percent might seem like a very small concession. However, when you put it in real terms, it is a significant achievement,” Marcos said in a press briefing following his meeting with US President Donald Trump at the White House on Wednesday (Manila time).

The President acknowledged that the new deal also opens key Philippine markets to American products—particularly vehicles, agricultural goods, and pharmaceuticals—but said the arrangement will benefit Filipinos through lower prices and stronger bilateral trade.

“We will open that market and no longer charge tariffs on that… para makamura naman ‘yung mga – maging mas mura ‘yung gamot natin (so we can lower the cost of medicines),” he said.

Marcos said while the 19 percent tariff on Philippine goods is still substantial, it reflects a step forward in trade engagement with Washington D.C. and lays the groundwork for future negotiations.

For transparency, posted below is the official video from the White House YouTube channel.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you realize that there is a lot more about US and Philippines relations that go beyond the newly agreed trade agreement? Do you think America’s 19% tariff on exports from the Philippines will add challenged to the Philippine economy? What do you think about the Trump-Marcos meeting? Did you pay attention to the planned Subic Bay ammunition manufacturing plant that was mentioned? If you are based in the Philippines, do you look forward to importing American-made vehicles, agricultural products and pharmaceutical products once they enter the country without any tariffs imposed on them? Do you think the newest exchange between Trump and Marcos will make Communist China concerned or worried?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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America sets 20% tariff on Philippine goods and will take effect on August 1, 2025

July 11, 2025July 10, 2025carlocarrasco

Starting August 1, 2025, the United States of America (USA) will impose a 20% tariff on all and any Philippine-made products coming into their shores as stated in US President Donald Trump’s official letter to President Ferdinand “Bongbong” Marcos, Jr., according to a Philippine News Agency (PNA) news article. In response, the Philippines wants to renegotiate with America while there is still time.

For the newcomers reading this, America previously set a 17% tariff on the Philippines when Trump unveiled last April the many tariff rates on many nations. The Philippines was confident about the negotiations they had with their American counterparts.

To put things in perspective, posted below is an excerpt from the PNA news article. Some parts in boldface…

The Philippine government is looking to renegotiate the 20 percent tariff imposed by the Trump administration on Philippine goods, according to Philippine Ambassador to the US Jose Manuel Romualdez.

In a letter dated July 9 addressed to President Ferdinand R. Marcos Jr., US President Donald Trump announced that beginning Aug. 1, 2025, the US will raise tariffs on Philippine goods to 20 percent—up from the previously announced 17 percent rate.

In a text message to the Philippine News Agency on Thursday morning, Romualdez said Manila would formally request a review of the tariff hike from Washington D.C.

Trump, in his letter, recognized the Philippine-US trade relations and said the latter has “agreed to continue working with the Philippines, despite having a significant trade deficit.”

“Starting on August 1, 2025, we will charge the Philippines a Tariff of only 20 percent on any and all Philippine products sent into the United States, separate from all Sectoral Tariffs,” it read.

Trump said there would be “no tariff if the Philippines, or companies within” the country decide to build or manufacture products within the US.

The US, he added, is also open to “reconsider an adjustment” if the country opens its “closed trading markets to the United States,” and eliminates its “tariff, and non-tariff policies and trade barriers.”

“These tariffs may be modified, upward or downward, depending on our relationship with your country,” he said.

Trump, meanwhile, warned Manila against reciprocating the move with a tariff increase.

“If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 20 percent that we charge,” he said.

For transparency, posted below is the 2-page letter of Trump to Marcos regarding tariffs.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines fell short in its recent negotiations with the United States which resulted in a higher tariff at 20%? Do you think the economic managers of the Philippines can convince America to delay, if not lower, the declared tariff? Do you think a 20% tariff rate by America will hurt the economy of the Philippines this year?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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