Dec 12, 2019 ~ Forbes, Trump signs 'Phase One' China Trade deal 'leading Wall Street investors to rejoice.' 'promises by China to buy more U.S. farm goods' existing tariffs cut by 50% covering '$360 billion of Chinese goods' Next round of tariffs cancelled covering '$156B of Chinese goods'
Dec 15, 2019 ~ Larry Kudlow on USMCA and China deals, 'it does show that President Trump's example of being a tough hard nosed bargainer on trade and economic matters works? he has accomplished stuff here in the trading area that no one and I mean no one in our memory has been able to achieve.'
Dec 17, 2019 ~ The Dow Jones Industrial Average is up over 10,000 points since President Trump was elected. Result of pro-growth polices, lower taxes for businesses and individuals, America First tax incentives, less regulation, higher wages & consumer confidence and re-negotiated trade deals.
Dec 19, 2019 ~ Bloomberg article, 'U.S. Companies' Repatriated Cash Hits $1 Trillion Under Tax Law' thanks to the Trump corporate tax cuts. 'Before the overhaul, companies were incentivized to keep profits overseas because they owed a 35% tax when bringing it back.'
Dec 22, 2019 ~ Trump rolls back light bulb regs. The Hill, 'Today the Trump Administration chose to protect consumer choice by ensuring that the American people do not pay the price for unnecessary overregulation? The American people will continue to have a choice on how they light their homes'
Dec 22, 2019 ~ Labor Unions proclaim that the USMCA trade agreement Trump insisted on is far better than NAFTA for workers. United Steelworkers President Thomas Conway, 'certainly better than NAFTA'. AFL-CIO's Trumka 'a far cry from the original NAFTA, and that is a huge win for working people'
Dec 25, 2019 ~ Economy continues to fire on all cylinders. Bloomberg reported, 'Holiday shopping set records over the weekend, with Super Saturday sales reaching $34.4 billion, the biggest single day in U.S. retail history.'
Dec 27, 2019 ~ Dems lie saying Trump's tax cuts and other economic reforms were 'for the rich' but numbers show that the lowest 25% of wage earners got the biggest wage increases by far. 4.5% vs avg of 3.6%. Top 25% only increased 2.9%. Due to very low unemployment leading to tight labor market
Jan 7, 2020 ~ Larry Elder column, 'The Great Recession: 'Reparations' Gone Bad'. Elder reminds us that it was false charges of racism that led to forcing banks via the CRA to lend to people of color who otherwise wouldn't qualify. Banks were discriminating on credit score and income, not race.
Jan 10, 2020 ~ A record 158,803,000 Americans are employed; a 1.85M Year-to-Year Increase . CNSN News.
Jan 16, 2020 ~ Trump signs the 'Phase One' trade deal with China after over a year of negotiations. Cuts tariffs in half. China agreed to stop many unfair trade practices and committed to purchasing $200 billion worth of American goods over 2 years, manufacturing, energy, agricultural exports.
Jan 19, 2020 ~ More than 2.4 million households (20.9M to 18.4M) and 5.9 million individuals (42.3M to 36.4M) have gone off of the Food Stamp program since Trump's first month in office according to USDA numbers.
Jan 26, 2020 ~ Ivanka Trump, 'The U.S. economy added 1.5 million jobs for women in 2019, 72% of total jobs added!' 'This party is leading on doubling access, we've eliminated child care wait lists in dozens of states across the country? passing into law' 12 weeks of paid family leave for govt.
Jan 29, 2020 ~ President Trump signed the historic USMCA United States-Mexico-Canada Agreement, the USMCA fulfilling a campaign promise to replace the flawed NAFTA. Even democrats and union leaders agree that USMCA is far better than NAFTA. Expected to create 80,000 new auto jobs alone.
Jan 30, 2020 ~ Gallup Poll shows Americans are feeling better about almost everything since President Trump started. Satisfaction with Economy, up 22%, Security from Terrorism up 28%, Military Strength, Preparedness up 15%, Reduce, Control Crime up 9%, even the state of race relations up 34%.
Feb 5, 2020 ~ CNBC, 'Private payrolls soar in January, the best monthly gain in nearly 5 years' 'Private payrolls rose by 291,000 in January, the best month since May 2015, according to ADP and Moody's Analytics.' 'nearly twice the expected gains.' 'Growth came across a swath of industries.'
Feb 6, 2020 ~ Patrick Pizzella, deputy secretary of Labor, 'The Deregulatory Achievements of the Trump Labor Department' Intelligent deregulation to unburden employers, 'We target only regulations whose good intentions never materialized or whose burden outweighs whatever supposed benefit'
Feb 7, 2020 ~ Bureau of Labor Statistics reports that U.S. economy added 255,000 jobs, exceeding expectations again. 'These are blow out numbers'. Wage growth continues to be strong. Hourly wages have grown at the 3% rate or better for 18 months straight.
Feb 7, 2020 ~ NY Times, 'President Trump frequently celebrates the experience of black workers, noting correctly that the group's unemployment rate is at its lowest on record... Their wages are also going up... wage growth for black workers has accelerated recently after lagging for' a decade.
Feb 21, 2020 ~ Democrats, embarrassed or annoyed that Trump has achieved the lowest black unemployment rate in history have to deflect in absurd ways. James Clyburn says its not the lowest 'unless you count slavery. We were fully employed during slavery.' Unknown how this makes Trump look bad.
Feb 24, 2020 ~ Sean Moran, 'Net Neutrality Repeal Raises Annual Incomes by $50 Billion' The White House Council of Economic Advisers (CEA) reports that repealing net neutrality 'raised real annual incomes by more than $50 billion per year and consumer welfare by nearly $40 billion per year.'
Feb 25, 2020 ~ Stephen Moore, 'Natural Gas Is Crushing Wind and Solar Power' The cost of natural gas is down 90% since 2005 'thanks to fracking' which dems want to ban. Had to import natural gas 10 years ago. This boom has allowed the US to reduce CO2 emissions faster than any other country.
Mar 6, 2020 ~ Another huge jobs number. Nonfarm payrolls increased by 273,000 in February blowing out the economist estimate of 175,000. The unemployment rate fell even further to 3.5%.
Mar 19, 2020 ~ America told to stay home, close businesses and schools, end gatherings etc. to 'flatten the curve' of Covid-19 spread. Economy grinds to a halt. Rich Lowry, 'This Is Not Sustainable' 'Obviously, a self-inflected depression can't be the solution to the coronavirus for very long.'
Mar 22, 2020 ~ Trump echoes a lot of sentiments saying 'WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF.' Hopes we can be back to work by Easter. This does not mean we do nothing to prevent spread and protect the vulnerable but this not sustainable. Will lead to the Greatest Depression.
Mar 24, 2020 ~ Fauci defends Trump wanting to restart economy. 'having an enormous impact on the economy..., which may actually indirectly even cause a considerable amount of harm and difficultly, even health wise. So it's a delicate balancing act, which the president is trying to get it right'
Mar 29, 2020 ~ Ridiculous fake news. The Washington Post said 'The coronavirus recession is exposing how the economy was not strong as it seemed' What economy could withstand a total and extended shutdown? Top comment 'The 1906 San Francisco earthquake revealed that concrete is not very strong'
Mar 31, 2020 ~ Trump Admin enacts Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule, a much more sensible alternative to Obama's CAFÉ increases. Cars can be heavier, thus safer, and will save American's $1000s. Unrealistic CAFÉ standards necessitate unsafe cars killing thousands a year.
Apr 14, 2020 ~ Politico, 'Economic meltdown gives Democrats new hope in Texas' Dems have known Trump would be hard to beat in a strong economy. Some like Bill Maher have openly wished for recession. As they advise on Covid, they can't unknow that economic hardship is good for them politically.
Apr 15, 2020 ~ GA State Democratic Representative Vernon Jones said he is backing Trump in 2020. 'President Trump's handling of the economy, his support for historically black colleges and his criminal justice initiatives drew me to endorse his campaign' black unemployment 'at historic lows'.
Apr 21, 2020 ~ Oil futures turn negative as it costs more to store it than sell it.. Could cost 100s of 1000s of jobs if the industry collapses. AOC celebrates, 'You absolutely love to see it.' Trump understands the situation and instructs the govt. to buy oil to top off the strategic reserve.
Jun 6, 2020 ~ Stunning May Jobs Report. 2.5 million jobs. Largest monthly increase ever. Unemployment which was predicted by Dow Jones economists to rise to 20% fell to 13.3%. Trump celebrates and warns, 'The only one that can kill this comeback is Sleepy Joe Biden!'
Aug 8, 2020 ~ Ken Blackwell, 'U.S. Manufacturers Are Coming Back Thanks to Trump'. 'Everything changed with the election of Donald J. Trump, who has kept his promise to rebuild American manufacturing as part of his plan to Make America Great Again.' Whirlpool one of many now expanding in Ohio.
Aug 8, 2020 ~ John Carney, 'Black Employment Rose Faster than White Employment in July, Black-White Jobless Gap at Historic Low'. Black employment up 1.4 compared to 0.6% for Whites. The black/white unemployment gap 'is now at its narrowest point in historical records going back to the 1970s.'
Sep 3, 2020 ~ Blowout August Jobs numbers. The Hill said in June, 'Fed predicts unemployment will fall to 9.3 percent by end of 2020'. Its at 8.4% already by August. 1.34 million jobs added in August. 2.5X the single month record. Half of the jobs lost to COVID19 have already been recovered.
Sep 23, 2020 ~ Georgia Democrat Vernon Jones article, 'Trump Did More for Black Americans in 4 Years Than Biden Has in Over 40' Jones details Biden's racist and harmful to black people past and says, 'President Trump is Biden’s polar opposite.' First Step, record black employment, and more.
Oct 6, 2020 ~ Stephen Moore, 'Just Who Is the Real Blue-Collar President?' Manufacturing: Obama: -192,000 Trump: 475,000 Mining: Obama: -112,000 Trump: 63,000 Construction Obama: 280,000 Trump: 746,000
Oct 22, 2020 ~ Kevin Williamson, 'Joe Biden Can't Tax the Rich'. Tax increases on 'the rich' and businesses boomerang back onto the poor and middle class. They pass on the increases in the form of higher prices, lower wages, less raises, less hours, layoffs, etc. GDP goes down. Hurts 401k too.
Oct 22, 2020 ~ V shaped economic recovery from #COVID19 is in progress. CNBC, 'New filings for jobless claims in the U.S. totaled 787,000 last week, the lowest total since the early days of the coronavirus pandemic.'
Oct 30, 2020 ~ Trump reformed the H1b visas. DHS Sec Ken Cuccinelli. 'The current use of random selection to allocate H-1B visas … hurts American workers by bringing in relatively lower-paid foreign labor.' 'We have seen more progress in the last few weeks than we’ve seen in the last 30 years'
Oct 30, 2020 ~ The Trump economy roars back at record pace. 3rd quarter annualized GDP was 33.1%, more than double the previous record quarterly GDP growth.
Nov 2, 2020 ~ President Trump signs an EO making it easier to fire federal workers. This change has been long awaited by managers who 'want to hold workers accountable.' But the current process made it so difficult, managers had no choice but to keep bad workers or move them around.
Nov 17, 2020 ~ Ashe Schow, 'Family Income Rose Drastically Under Trump, Meaning His Economy Was Better Than Obama’s' 'In 2016, real median household income was $62,898, just $257 above its level in 1999. Over the next three years it grew almost $6,000, to $68,703.' Plus record low unemployment.
Nov 17, 2020 ~ Ryan Mills, 'Florida Restaurateurs Warn Minimum-Wage Mandate Could Shut Them Down' Dems never get that artificially raising wages cuts hours, jobs, raises prices, shuts down businesses, shifts to more automation like touch screens etc. 'There’s no pot of gold in this building.'
Jan 25, 2021 ~ Biden canceling the Keystone pipeline eliminates 10s of thousands of blue collar jobs, damages relationship with Canada, destroys our hard earned energy independence, will increase energy costs, makes oil spills more, not less likely and will not benefit the environment one bit.
Jan 25, 2021 ~ The Biden administration put a 60-day hold on new oil and gas leases on public lands. It is expected to become permanent. This will have a big negative jobs effect on states like New Mexico. Biden thinks if you keep fossil fuels in the ground, everything will just run on sunshine
Feb 5, 2021 ~ Mario Loyola, 'The Dark Side of the Minimum Wage' 'The data show that increasing the minimum wage results in a significant net increase in unemployment. The increase is particularly pronounced among young adults - and most pronounced of all among low-skilled workers.'
Feb 5, 2021 ~ The mayor of Long Beach mandated $4 raise for all grocery store workers. Kroger had to close 2 stores in response putting many out of work. Biden during debate, 'there is no evidence that when you raise the minimum wage, businesses go out of business. That is simply not true.'
Feb 9, 2021 ~ The CBO released a report analyzing the economic impact of the Raise the Wage Act, which would increase the minimum wage to $15 by 2025. Results: $54 billion deficit increase, would drive up the prices of goods and services, and would kill 1.4 million jobs. Lose, lose, lose.
Mar 1, 2021 ~ Larry Kudlow at CPAC, 'Real median family income rose in the 3 years before the pandemic by $6500. That is 5 times what the prior admin [did] in 8 years.' 'Record low unemployment 3.5%' Dems always lie 'tax cuts for the rich' but blue collar real wages +10%. Top 10% only +4%.
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