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Trump’s Unprecedented Economic Success – The Story the Corrupt Media Won’t Tell

Today’s Campaign Update
(Because The Campaign Never Ends)

WINNING. Sooooo much WINNING.  – Guess what? Every major U.S. stock index rose yet again on Thursday as the wealth of positive economic news just kept rolling in. The NASDAQ saw it 11th consecutive record high close, and the Dow and S&P 500 also closed at new all-time high levels.

On the passage of President Trump’s tax cuts two years ago almost to the day, we here at the Campaign Update told you that those tax cuts, targeted as they are towards stimulating capital investment and economic growth, would quickly create a situation in which the economy’s largest problem would become a literal shortage of workers qualified to fill all the good-paying jobs that would be available. There is little doubt that we have now reached that happy point.

We now have record low unemployment levels for pretty much every category of American: Record low black unemployment; record low Hispanic unemployment; record low veteran unemployment; record low Asian unemployment; and a record high number of men and women gainfully employed in the U.S. economy. According to a recent report issued by the White House:

The surge in labor demand has resulted in 7 million job openings, which outnumber job seekers by more than 1 million. Before President Trump took office, there had never been more recorded job openings than unemployed workers.

Think about that. Never before, not even during the Reagan recovery, has the U.S. economy been in a situation in which it had created more open jobs than there were unemployed workers to fill them. That is a stunning achievement, and if a Democrat were president while such an outcome had been achieved it would be the only story being aired anywhere, anytime on cable news.

But because we are in the age of Trump, an age when our utterly corrupt fake news media studiously ignores reporting any news that reflects positively on the U.S. President, the White House must tell the story itself. This morning, to ensure our readers do get to see it, we are reprinting that December 16 report here.

Enjoy!

DRIVING A RECORD-SETTING ECONOMY: The booming economy and strong labor market allow Americans of all backgrounds to find work and succeed.

  • The current labor market revival is not a continuation of past trends, but instead a direct result of President Trump’s pro-growth policies.
  • Since President Trump was elected, more than 7 million jobs have been added to our economy – surpassing the Congressional Budget Office’s predictions by 5 million jobs.
  • This year, the unemployment rate has fallen to 3.5%, its lowest level in 50 years.
    • Unemployment for African Americans, Hispanic Americans, Asian Americans, veterans, individuals with disabilities, and those without a high school diploma have all reached record lows under President Trump.
  • The President’s policies are bringing people off the sidelines and into the labor force.
    • The prime age labor force has grown by 2.1 million under President Trump.
  • The surge in labor demand has resulted in 7 million job openings, which outnumber job seekers by more than 1 million.
    • Before President Trump took office, there had never been more recorded job openings than unemployed workers.
LOWERING INEQUALITY: President Trump’s policies are helping forgotten Americans across the country prosper, driving down income inequality.
  • Annual nominal wages grew by 3 percent in 2019 for the first time in a decade.
    • Nominal wage growth has now been at or above 3 percent for 16 straight months.
  • Wage growth for many previously forgotten groups is now higher than wage growth for more advantaged groups.
    • This is the case for lower-income workers compared to higher-income workers, workers compared to managers, and African Americans compared to white Americans.
    • These income gains mark a fundamental change compared to before President Trump’s inauguration, contributing to reduced income inequality.
  • When measured as the share of income earned by the top 20 percent, income inequality fell in 2018 by the largest amount in over a decade.
    • The Gini coefficient, an overall measure of inequality in the population, also fell in 2018.
LIFTING UP AMERICANS: The booming economy is lifting millions of Americans out of poverty and providing all people with the opportunity for a brighter future.
  • In 2018 alone, nearly 1.4 million Americans were lifted out of poverty.
    • The poverty rates for African Americans and Hispanic Americans reached historic lows in 2018.
    • Over 600,000 children being raised by single mothers were lifted out of poverty in 2018.
  • The number of people claiming unemployment insurance as a share of the population is the lowest on record.
  • Nearly 7 million fewer people are on food stamps than at the time of the 2016 election.
  • 380,000 fewer people are on Social Security Disability insurance than before the 2016 election.
  • Americans in economically-distressed communities are benefiting from increased investment thanks to the Opportunity Zones included in President Trump’s historic tax reform.

[END]

WINNING WINNING WINNING WINNING WINNING WINNING WINNING WINNING

Image may contain: 8 people, people smiling, meme, crowd and outdoor, text that says 'IMPEACH TRUMP! BEFORE WE ALL END UP WITH JOBS!'

That is all.

Today’s news moves at a faster pace than ever. Whatfinger.com is my go-to source for keeping up with all the latest events in real time.

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Here’s Why the Stock Market is Shrugging off Democrat Impeachment Talk

Today’s Campaign Update, Part II
(Because The Campaign Never Ends)

Impeachment? What, me worry? – On Tuesday, investors showed how positive they are about all the strong company earnings reports that have been rolling in over the past two weeks, and also how unconcerned they are about the current bluster from Democrats about impeaching President Trump. Both the Nasdaq and the S&P 500 indexes closed at all-time record highs Tuesday, now having regained all the ground they had lost during the 20% selloff that took place last November and December.

The U.S. stock market generally serves as a pretty accurate barometer of where the U.S. economy is headed in the coming six months or so. It also serves as a pretty accurate gauge of investor concerns about the current political climate.

So, what is this telling us from a political perspective? Well, the main thing to understand is that markets of any kind hate uncertainty and upheaval, and that is especially true of the stock market, where major investors tend to panic at the drop of a hat.

The fact that all of the major indexes have steadily risen since last Thursday’s public release of the Mueller Report by Attorney General William Barr tells us that investors simply are not really worried at all that congressional Democrats could succeed in impeaching President Donald Trump and removing him from office, an act that would be incredibly de-stabilizing. Investors obviously view the Democrat rhetoric for exactly what it is: Empty rhetoric from a bunch of cynical clowns designed to throw red meat to the Party’s perpetually-enraged leftist voter base.

Former Obama Press Spokesman Joe Lockhart gave away the Democrat game in an interview on CNN Tuesday afternoon:

The public doesn’t understand this. They think if the president is impeached, he’s removed. In fact, that has to go to the Senate. And my biggest concern is that the Democrats could move impeachment. It would go to the Senate and no Republicans, maybe one or two, would vote, and the country would get the impression that the president was innocent and I think we need to avoid that at all costs.

So, first, the Democrats must keep up the false pretense that the Mueller report found the President guilty of some impeachable crime. It didn’t, but Lockhart and his fellow Democrats know that their only hope in 2020 is to convince a majority of voters that it did.

But the problem congressional Democrats have here is that their false rhetoric and the media’s false reporting on the whole Russia Collusion fantasy have so enraged the Party’s voter base that it is demanding that House Democrats “do something” to punish the President for his fantasy-based “crimes”.

Here’s where Lockhart, who no doubt remains intimately familiar with the Party’s daily narrative strategy, gives away the game:

I would suggest that we do hearings for the next five or six months, bring everything out, and then the House puts a censure motion on the floor… I think that’s the opportunity for Democrats, beat them at the ballot box. Don’t go down the road of impeachment, where you know you can’t win.

Oh. So, the Democrat “plan” is to subject the nation to yet another round of Witch Hunt hearings for the “next five or six months”, and then to offer up a censure motion as the red meat to their demented voter base. That really isn’t going to satisfy all the nitwits suffering from daily bouts of Trump Derangement Syndrome, but the Democrat plan would then presumably be to order their propaganda agents in the fake news media to refocus their coverage away from the Russia Collusion fantasy and onto the ugly reality of the Democrat presidential candidate field.

The market basically sees all of this for what it is, which is why the focus by investors remains mainly on the ongoing impressive results we are seeing from the Trump Economy. The daily pronouncements from the Democrats’ array of characters from a Star Wars bar scene are treated as just so much noise, and that’s a good thing.

That is all.

Follow me on Twitter at @GDBlackmon

Today’s news moves at a faster pace than ever. Whatfinger.com is my go-to source for keeping up with all the latest events in real time.

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While the Fake News Media Focuses on Flag Etiquette, Trump Keeps Winning

Today’s Campaign Update

(Because The Campaign Never Ends)

But…but…but…all the “smart” people at CNN and the NYTimes assured me this could not happen. – When President Donald Trump (I never tire of typing those three words) announced on Monday that his administration had reached a new trade agreement with Mexico that would replace NAFTA, he didn’t leave the accurate reporting of it to the whims of the fake news media.  Knowing that if he just made a statement about his final call with Mexico’s President Enrique Pena Nieto to seal the deal, he would soon be facing anonymously-sourced fake news stories from CNN and the New York Times claiming that he insulted Mr. Nieto or his wife, or perhaps his dog, the President chose a different approach:  He simply invited the White House press corps into the Oval Office to listen to his call with Nieto live, as it took place.

Thus, fake news averted, for the most part, although fake news outlets like Reuters managed to report on the deal while leaving out mention of the most key parts of it, such as the new requirement that manufacturers of automobiles and other hard products in Mexico give their workers collective bargaining rights for the first time.  Another critical provision, that 45% of auto parts made in Mexico must be made by workers earning at least $16 per hour, also received short shrift from the fakest fake news outlets like CNN and the Times.

These toady outlets for the Democrat Party are loath to accurately report on these aspects of the new deal since they represent gigantic wins for America’s blue collar workers, workers who were just a few years ago a major cog in the Democrat Party’s voter base.  Under this new agreement, those workers will no longer have to compete with Mexican workers making $1 per hour in order to hold onto their jobs.

Interestingly, as I type this piece this morning, Fox News is airing a clip of then-candidate Barack Hussein Obama, in a Democrat primary debate on August 7, 2007, advocating for exactly the reforms to NAFTA that are contained in this new agreement, in order to “protect American workers.”  Thus does Donald Trump not only keep his own campaign promises, he keeps the promises made – and broken – by America’s Biggest Mistake.

WINNING WINNING WINNING WINNING WINNING WINNING. – The markets kind of liked the news of the agreement with Mexico.  The NASDAQ went berserk, closing above the 8,000 mark for the first time ever.  The S&P 500 also closed at a record high of 2,896, while the Dow Jones Industrial average gained 259 points to close above 26,000 for the first time since February 1.

Democrats and fake journalists all across America fell into fits of depression at this happy news for everyone else.

This is Donald Trump, preparing to make like Teddy Roosevelt. – A few weeks ago, the Campaign Update focused on how President Trump might conduct a new strategy for his second two years in office should the Democrats gain control of one or both houses of congress in the upcoming midterm elections.  The piece, titled “Trump’s Post-Midterm Move:  Make Like Teddy Roosevelt”, posited that a Donald Trump faced with a hostile congress that would stonewall any new legislation might decide to focus on using the powers of his office and regulatory agencies to rein in the abuses of social media giants like Facebook, Twitter and Google, which are without question today’s version of the industrial “trusts” that Mr. Roosevelt faced down and broke up at the turn of the 20th century.

This wasn’t just mere speculation on my part:  It’s a well-educated guess based on the President’s past statements and demeanor in office thus far.  This morning, Mr. Trump gave us a preview of potential coming attractions via his Twitter feed:

Over the past couple of weeks, the President has also fired similar shots across the bows of Facebook and Twitter.  As the Campaign Update has pointed out many times over the past 20 months, Mr. Trump doesn’t just burp these tweets out between sips of Diet Coke for no reason.  Every tweet he sends is sent for a tactical purpose, and many turn out to be stage-setters for actions he plans to take.

The powers of the presidency, when focused by an extremely strong personality like Donald Trump, can be a very daunting opponent for even the most gigantic corporation to face off with.  Standard Oil learned this lesson the hard way about 115 years ago.  The creeps who have set themselves up as the arbiters of free speech and restricters of the public’s right to know at these social media giants might want to start paying attention to the messages they are being sent by this particular President and start adjusting their practices accordingly.

But they won’t.

Just another day in fake news media and abusive social media America.

That is all.

Follow me on Twitter at @GDBlackmon

Today’s news moves at a faster pace than ever. Whatfinger.com is my go-to source for keeping up with all the latest events in real time.

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Better Jobs, Better Wa…Wait, What Did Trump Just Tweet?

Today’s Campaign Update

(Because The Campaign Never Ends)

  • On Monday, the Democrats rolled out their new Papa Johns-plagiarized slogan:   “A Better Deal: Better Jobs, Better Wages, Better Future.”  The slogan was so silly, so hokey, so obviously not having to do with anything today’s Democrat Party is all about that even the Democrat operatives at MSNBC mocked it mercilessly (though CNN dutifully played along).  The Party’s strategy, of course, was to yet again attempt to fool the American people that it had a focus on jobs and helping the average American have a better life.  The truth, of course, is that the Party and its agenda were long ago co-opted by Social Justice Warriors and Enviro-Nazis, which is the fundamental reason why the Republican Party holds every lever of power in the nation’s capital today.
  • But Chuck Schumer, Nancy Pelosi and the lunatics who are in charge of the DNC know they can’t actually change their focus to things that actually make a difference in Americans’ daily lives, so instead they paid some consultant millions of dollars to paraphrase a slogan off a Papa John’s pizza box.  Now, they thought, we can focus on our nifty new slogan, and pretend we care about the middle class!  It’ll be awesome!  High fives were flying at DNC Headquarters.  But then, on Wednesday, the President started tweeting….
  • …and part of his daily tweet storm that day was a two-tweet announcement that the U.S. military would no longer accept trans-gender applicants and force the U.S. middle class taxpayers to foot the bill for their trans-gender surgeries while they served.  In response, the Democrats and their agents who make up 98% of the nation’s news media went stark raving mad.  The Party’s focus was right back in the hands of the SJWs, the efforts to change the subject instantly forgotten.
  • Slogan?  What slogan?
  • Tired of winning yet? – The Taiwanese company FoxConn announced it is investing more than $10 billion in a new manufacturing plant in Wisconsin, a move that will create 13,000 American jobs.  President Trump wisely held a joint announcement in the White House with the company’s CEO.  Immediately after, heads could be heard exploding all over CNN headquarters in Atlanta.
  • Tired of winning yet, Part II? – On Wednesday, the Dow, the NASDAQ and the S&P 500 indices all reached all-time highs.  The fake news media – except for Fox News – were all too busy screaming about presidential tweets to notice.
  • The NYPost reports that Dancing With The Stars is currently in negotiations with…wait for it….wait for it…SEAN SPICER!  That.  Is.  Awesome.  Go for it, big guy.
  • Kid Rock, who is running for the U.S. Senate in Michigan against the execrable Debbie Stabenow, announced on his website that he will be registering people to vote…at his performances!  Those loud noises you heard yesterday were heads exploding at DNC Headquarters.  Yeah, they were exploding over the President’s tweets, but they would have exploded over this, too, had they had the chance.
  • After 9 Republican senators voted against the initial Obamacare repeal and replace bill on Tuesday evening, 7 GOP senators compounded the Party’s mendacity by joining all Democrats in voting down a repeal-only bill on Wednesday.  Five of those seven had voted for the exact same bill in the past when they knew Barack Obama would veto it:  Lisa Murkowski, John McCain, Rob Portman, Shelly Capito, and Lamar Alexander.  Dean Heller of Nevada wasn’t around in the Obama years, so he gets a pass on the hypocrisy, and, as I mentioned yesterday, Susan Collins has never in the past voted in favor of Obamacare repeal, consistently siding with her soulmates in the Democrat Party.  Hopefully, all seven will receive strong primary challengers.  They deserve them.

Just another day in Democrat heads exploding and fake Republican mendacity America.

That is all.

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