Showing posts with label Trump economy. Show all posts
Showing posts with label Trump economy. Show all posts

Saturday, February 27, 2021

No one gave us the chance

What if the nation had stayed open for business and only the old (>65) had restricted their activities, spaces and faces after the "2 week shutdown to save the hospitals" last spring. Would there be any difference in the infection death rate (already extremely low)? We are the boomers and the silent generation, but I think we could have saved the nation if given the chance.

"The impact of the coronavirus pandemic on education has been severe, accelerating the learning losses typically seen over summer breaks. The sad reality is that the shutdowns have had an unequal effect on students. While most students have experienced a learning decay, the impact has been more severe among disadvantaged children." (PolicyEd "Endless Summer, How Covid has reversed academic achievement")

Monday, July 06, 2020

President Trump helped blacks more than other presidents

“. . . Back home in the US [New Year's Eve 2019], African Americans were experiencing the best economy we have ever seen: Unemployment for our racial group was the lowest in recorded history, black wages were rapidly increasing for the first time in decades, and people who’d been out of work long-term were being hired and suddenly able to take their families on vacations for the first time in years.

The Trump policies made it possible. Tax cuts and rocketing GDP growth meant companies were feeling financially stable for the first time in a decade and public confidence in our economy had never been higher. Trump’s re-election was on cruise control. Even Democrats were willing to admit that the chances of Trump losing were slim.

No one could have predicted what would happen next."

https://nypost.com/2020/07/04/trump-not-biden-has-helped-make-black-lives-better/?

Monday, April 27, 2020

When things finally open . . .

Opening season will be open season on Trump (who has been in the cross hairs of the media since 2015), and we know WaPo, NYT, LAT, CNN and MSNBC will be spewing misinformation, fake news and ridicule for what he didn't do, might have done, did 20 years ago, is doing and won't do.
"A targeted, data-driven approach that recognizes the differing conditions of the states, rather than placing them all on the Procrustean bed of a single policy, is the right prescription for this crisis."  City Journal https://www.city-journal.org/white-house-plan-to-open-economy?

A procrustean bed: A situation or place that someone is forced into, often violently. In Greek mythology, the giant Procrustes would capture people and then stretch or cut off their limbs to make them fit into his bed.

These government policies have indeed cut off our economic and cultural arms and legs to make us fit into their one size fits all shut down.

Monday, March 23, 2020

Haters continue to bring down our country

The Lap dog media have been misquoting the president for over 3 years, and then their followers on FB, Twitter and blog land continue the stream of misinformation. He never said there were good people in the right wing hate groups or the left wing hate groups at a demonstration against destroying American history by tearing down statues, and he never said the coronavirus was a hoax. He never said Mexicans were bad people. But the haters still hate and the liars still lie. Even when it gets corrected at the source, or watchdog groups show the video was cut or filtered, the lies still circulate because they hate Trump and by extension, the 60 million who put him in office. Even now in a crisis that is hurting their own pension funds and investments, their neighbors and their families, they continue to lie, because they hate Trump more than they love Americans.

Friday, February 07, 2020

Hillary and Nancy’s talking points

Hillary Clinton (still making the rounds of the sympathetic talk shows), Nancy Pelosi and all the rest of the Democrats trying to save Obama's legacy continue to repeat erroneously that Trump is just continuing Obama's successes. That's wrong. The recession ended in June 2009 about 5 months after Obama took office. He had nothing to do with it. However, because of imposing more regulations, and taking our tax money to float his ARRA for his supporters, he did slow down the recovery, which toddled along for 7 years before gaining momentum. He did have us in war his whole 8 years, more than GW Bush.

People like me and Bill Gates--people who had investments--saw the recovery quickly because of the stock market. I'm not part of the 1%, but they did terrific under Obama. That didn't help the black teen or the former coal miner working at McDonald's or the retail clerk out of work because the consumer confidence didn't recover.

The Trump recovery is reaching down and pulling up the people who had given up, the people Obama gave up on and who were told things would never be any better than the slow gear on the old rattling truck; the people receiving the "dole" who thought they might never work again.

People are saving, investing and starting new businesses. They are hopeful under Trump--even those who don't like him. Obama never preached recovery, or pride, or happiness or joy.  Sharing public bathrooms with the opposite sex, allowing foreigners assistance for college that Americans can’t get, pushing abortions—how is that hope? Hope for Obama was a campaign slogan and nothing else.

And he was just smart enough to allow fracking because that saved his lunch, economically speaking. He never said America was the best, the greatest, because. . . he was honest and didn't believe it. I had to grit my teeth in November 2016 because Trump wasn't my choice, but I'm so glad he proved me wrong. And proved Obama wrong.

https://www.forbes.com/sites/christopherhelman/2013/02/12/president-obama-gets-it-fracking-is-awesome/#7325032d425d

Thursday, January 02, 2020

Elizabeth Warren

I shopped on panic Saturday! December 21. More money was spent by Americans that day, $34.4 billion, than any day in America's history. And Elizabeth Warren is trying to make Americans fearful, that there's a terrible gap, that life's unfair so she needs to steal money from some and give it to others! The big four leading the way were Walmart, Amazon, Costco and Target. Is that where the top 1% shop? Nope. It's where we all shop. (I shopped at Macy's and Kohl's.) Why do Democrats preach doomsday? Because they don't believe in America. Not the people, not the Constitution, not the economy, and certainly not the president.

Sunday, December 08, 2019

Rumors of economic downturn, again

Remember when Trump took the oath of office, and all the liberal economists were predicting disaster? I’ve looked back through the 2016, 2017, 2018, and 2019 predictions. It isn’t all stock market talk—it’s farmers in Tennessee, or truck drivers cross country, or realtors.  Each little blip brings out the “what are we going to do about this monster in the White House?”

The last recession ended in June 2009--before the first dollar of ARRA went out the door. They come around about every 10 years (GW Bush inherited the 2000 recession), and usually the recovery is fast unless the government interferes too much with "help." I wonder why liberals keep trying to talk us into an economic down turn? Maybe because they are desperate to see Trump fail and will damage the whole nation for that goal? The October Census report on poverty and the November report on jobs where almost mind blowing for the Democrats--they are so eager to bring down the most successful president in our life times.

Friday, August 02, 2019

No, it’s not Obama’s economy

The recession was over in June 2009, but the reason the workers didn't see a lot of change was the government intervention, so there wasn't real progress. Business owners who could just waited it out--didn't expand, didn't hire, and cut their labor force. Others went under if they didn't have lobbyists and friends in the party. One of the worst programs I thought was "cash for clunkers." It was a give away to the car companies, and it seriously damaged lower income people who needed transportation to get to work or find work--they were the ones who would buy those clunkers that were being destroyed. It was also a give away to the green lobbyists and the mortgage industry because so many people had to finance those new cars even with government handouts. On a graph, it looks like economic growth, but really solid growth happened after Obama was out of office and unable to terrorize business.

It's no wonder Democrats focus on "infested" as a racist word (Elijah Cummings), or Trump's tax returns (Gavin Newsome). Low unemployment, low inflation, low mortgage rates, shrinking credit card debt, higher savings rates, higher consumer confidence, and for me, I'm making more with my 403-b than I when I worked. And there are millions and millions of retirees having the same experience with their 401-k, pensions and savings--even those who hate Trump.

The next step for the Democrats is to deliberately sabotage the economy and the American people in order to get Trump and their power back.

https://www.forbes.com/sites/chuckdevore/2019/03/11/trumps-policy-magic-wand-boosts-manufacturing-jobs-399-in-first-26-months-over-obamas-last-26/#7f5e1d6d20a6

Thursday, June 27, 2019

Elizabeth Warren thinks the economy needs to be fixed.

True, librarians are a poorly paid group, but I'm earning more now than I did when I was employed, and many retirees say the same thing. And my 403-b is invested conservatively—about 60-40. I see hiring signs everywhere I go, and I see a number of new employees who have been put on the job floor a little soon.

Recessions come and go so I don't expect it to last, but Obama did everything wrong, and took what should have been a brief recession and extended it with clamping down on the very people who could have created the jobs. That recession was over in June 2009, but he had so flogged and discouraged American investors and businessmen we limped along in "recovery" for 7 more years while the rich came back with his bail outs. In fact, as soon as he was nominated by Democrats in summer 2008 things started to take an ugly turn.

The mega-wealthy like Bezos and Gates can withstand the crazies in Congress and the White House, but the rest of us have to wait for a Reagan or Trump.

Thursday, June 13, 2019

Cheering on the next recession

When Trump got the nomination in 2016 the experts (mostly Democrats working in non-profit "think tanks") predicted economic disaster. Since early 2017, the same "experts" have been predicting a recession. Our local news channel took the time out to announce one last night. Since they come around about every 10 years, someone will eventually get this one right. OTH, it seems some in media are pushing for economic failure so Democrats can have a crisis they will resolve by taking over more of the economy. They were doing the same in 2007. Remember the ARRA? The last recession was over (June 2009) before the first dollar to pay off Obama supporters was out the door. Then like the LA homeless, the Democrats relieved themselves on every effort of Americans to rebuild. They particularly enjoy terrorizing the little guy just building her business; after all, they've got the giant corporations on their side, like big tech and big pharma, who have the bucks to finance their campaigns and lobby for more regulation (keeps the up and coming stalled).

Here’s a really safe December 2016 prediction—maybe good, maybe bad.  World economy could suffer if Trump makes America great again. https://www.moneytips.com/what-economists-are-predicting-for-2017-under-president-trump

Predictions from June 2018—things are good now, but look out. http://fortune.com/2018/06/04/recession-2020-trump-trade/

Many forget the recession of 2000. How did President Bush handle that with the 9/11 disaster? Lowered taxes. Quick recovery. Congress enacted tax cuts to families in 2001 and investors in 2003. EGTRRA saved taxpayers $1.35 trillion over a 10-year period. Democrats hated this one. Said it decreased the government's "income." Note the cons in this article. https://www.thebalance.com/economic-growth-and-tax-relief-reconciliation-act-3305764

Saturday, February 23, 2019

Economic freedom

The U.S. economy is roaring like no other time in recent memory. The job market is hot, unemployment is down to record lows, and small business optimism is soaring. Wages are rising for the first time in two decades, with an overall unemployment rate of 3.8 percent, matching the lowest rate in 50 years. 

https://www.heritage.org/international-economies/commentary/under-trump-us-economic-freedom-rises-significantly

So why are the Democrats so mad? Why are all the 2020 candidates pushing socialism? Well, in my opinion, they hate Trump more than they love the American people.

Friday, November 02, 2018

Democrats want to go backwards

Image may contain: 4 people, people smiling, people standing, suit and text

This should be the closing argument for the election: The economy. It's the best in my lifetime. The Recession was over June 2009--before the first dollar was released from Obama to "help." Did it feel over to you? It was the slowest recovery in history, yet Democrats want to return to that!

Obama did everything he could to hold back full recovery to make us more dependent on government--from a take over our health insurance and higher taxes, to shutting down reporters (Trump didn’t jail reporters, but Obama did), to the addition of strangling regulations, to brow beating us with negativity about the country, to bailing out banks and taking over auto companies, to threatening jail if we didn't buy his insurance product, to enabling ISIS and extending the war, to confusing users of public toilets. He virtually destroyed the Democrat Party which has now been taken over by Socialists and other radicals.

Monday, January 22, 2018

Bill on the economy

Bill and I went to high school together; don't think I ever talked to him then.  He has an email list made up of Mt. Morris people, and people he knew in business.  Here's what he says about the current economy.

"April earnings are driven by two factors.  The economy is growing at AROUND 3 % AND THE WORLD ECONOMIES ARE GROWING but at not a 3% rate, but growing.  Corporate taxes will be down substantially.  The 21% is the announced rate but some will be less.  Also corporations can now expense  capital expense 100% immediately which is huge.  Normally that write off takes a few years.   People's incomes are now growing.  Wages were up 2.5% a few months ago and will be higher when announced at for the time period December 31.  Obama put 10 trillion of debt on the country.   The Trump administration has avoided debt at this point.  The total size of government is now lower as all cabinet members have reduced their areas of responsibility.  All the bitching by the lefties over the state dept. cutting back is real as the hiring freeze for all departments work.  The lefties feel this is a negative while those of us who worked in the private sector understand how cut backs in bloated organizations make them more efficient and better communicators.  The lowest cut back I have hear is 1% while the biggest cut back I heard was 6%, but again all participated.  Never heard of the size of the U.S.A. government going down, amazing. I wonder if the country and the U.S.A. voters will ever realize the private sector people in government as opposed by career politicians and academia is very much different as to accountability and results. "  
                                                                                  Bill