What Has He Done?

The mainstream media delights in talking about Donald Trump. They bash him on a regular basis–they don’t like his tweets, they don’t like what he says at his rallies, they don’t like the judges he appoints, etc. But when was the last time you heard any of the media mention anything that President Trump has accomplished in his almost two years as President? It seems as if that might be a consideration in the mid-term elections.

Yesterday The Gateway Pundit posted a list of President Trump’s accomplishments.

I will attempt to summarize that list here:

The stock market on Wednesday, January 17th, 2018, said it all.  On that day the Dow broke 26,000 points for the first time in its history. As a result the Dow broke the record for the fastest 500, 1,000, 2,000, 3,000, 4,000, 5,000, 6,000 and 7,000 point increases between major milestones in the history of the Dow. All of these increases occurred since Donald Trump was elected President.

…President Trump however reached a GDP of 4.2% in the 2nd quarter of 2018 and 3.5% in the 3rd quarter.  With a GDP in the 4th quarter of around 3%, the GDP for the year will be greater than 3%.  Something the prior President Obama never did and said no longer could be done.

In regards to debt, President Obama increased the amount of US debt astronomically. By the time Obama left office he had doubled the US debt to $20 trillion and incurred as much debt as all previous Presidents combined. President Trump is slowing that trend.

…With his increasing GDP and slowing of debt increases, President Trump has managed to decrease the debt to GDP ratio in the 2 years since the 2016 election.

…President Trump is the ‘Jobs President’.  Yesterday, the Bureau of Labor Statistics reported that 250,000 new jobs were created in October.  In President Trump’s first two years since elected President, the US has gained over 4.3 million jobs.  (In President Obama’s first two years the US lost over (4.2) million jobs.)  More people are working in the US than ever before and unemployment is at 50 year lows landing at 3.7% last month.

…President Trump vowed to destroy ISIS. Despite President Obama saying that ISIS will be around for a generation, these murderers and terrorists in the Middle East were decimated over the President’s first year in office. Both Syria and Iraq declared victory over ISIS and due to President Trump’s resolve, less than 1,000 ISIS fighters remain.

…The President refused sending Pakistan security assistance in the millions due to the Pakistani’s harboring terrorists. He stopped an Obama last minute $221 million transfer to Palestine and cut aid to Palestinians in half. He showed that the US is unwilling to work with Muslim entities that support radical Islam.

…President Trump signed more than 90 executive actions in his first 100 days alone.  The White House.gov site lists 81 pages of Executive Actions in the two years since the President was elected into office.  The actions include –

* Dismantling Obama’s climate change initiatives.
* Travel bans for individuals from a select number of countries embroiled in terrorist atrocities.
* Enforcing regulatory reform.
* Protecting Law enforcement.
* Mandating for every new regulation to eliminate two.
* Defeating ISIS.
* Rebuilding the military.
* Building a border wall.
* Cutting funding for sanctuary cities.
* Approving Keystone and Dakota pipelines.
* Reducing regulations on manufacturers.
* Placing a hiring freeze on federal employees.
* Exiting the US from the TPP.

There is much more, but you get the picture. Please follow the link to the article to read the entire list. It is amazing that the mainstream  media has reported very little if any of this. If you wish to see these accomplishments continue, vote Republican on Tuesday. If you wish to go back to a low workforce participation rate, more regulations, and higher taxes, then vote Democrat.

Results vs. Spin

The American economy has done very well under President Trump. The fact that many Americans now have jobs, bonuses, and pay raises has not gone unnoticed by many voters. Many Americans have simply tuned out the constant anti-Truemp drumbeat of the mainstream media. Voters are looking at the economic results of the Trump administration–not the spin of the media.

Yesterday The Gateway Pundit reported:

Trump approval hits 50% after tumultuous week of violent attacks that shook the nation.

The latest Rasmussen Reports daily Presidential Tracking Poll for Monday shows that 50% of Likely U.S. Voters approve of President Trump’s job performance. Forty-nine percent (49%) disapprove.

President Barack Obama had an approval rating of 44% on October 29, 2010 before his party suffered HUGE losses in the 2010 midterm elections.

And that is despite an attacking media that is 92% negative in its Trump coverage.

The mainstream media has become so biased that they are not taken seriously. If they want to regain some of their status, they might try simply reporting the news and letting people form their own opinions.

The Trump Economy Continues To Make News

Yesterday The Conservative Treehouse posted an article about the growth of the American economy under President Trump.

The article reports:

The Bureau of Labor Statistics has released some remarkable economic data today. There are more than seven million current job openings [See Here] and the year-over-year average wage gains are 3.3% [See Here]

I suggest you follow the link and read the entire article. It is a fairly detailed analysis of what has happened due to de-regulation and tax cuts.

The article concludes:

The investing class economy, ie. another name for a ‘service-driven economy’, has been the only source of historic reference for approximately three decades. These talking heads convinced themselves that a “service driven economy” was the ONLY economy ever possible for the U.S. in the future.

Back in January 2017 Deutsche Bank began thinking about it, applying new models, trying to conceptualize and quantify MAGAnomics, and trying to walk out the potential ramifications.  They began talking about Trump doubling the U.S. GDP growth rate when all U.S. investment groups couldn’t yet fathom the possibility.

It’s like waking up on Christmas morning every day to see the pontificating Fed struggling to quantify analysis of their surrounding reality based on flawed assumptions. They simply have no understanding of what happens within the new dimension.

Monetary policy, Fed control over the economy, is disconnected and will stay that way for approximately another 12-14 months, until Main Street regains full operational strength –and– economic parity is achieved.

As we have continued to share, CTH believes the paycheck-to-paycheck working middle-class are going to see a considerable rise in wages and standard of living.  How high can wages rise?… that depends on the pressure; and right now the pressure is massive.  I’m not going to dismiss the possibility we could see double digit increases in year-over-year wage growth in multiple economic sectors in several regions of the U.S.

Remember, as wages and benefits increase – millions of people are coming back into the labor market to take advantage of the income opportunities.  The statistics on the invisible workforce varies, but there are millions of people taking on new jobs in this economy and the participation rate is growing.

It is time that the average working American got a few economic breaks. President Trump is providing those breaks.

Meanwhile In France

Breitbart is reporting the following today:

Small groups of young people in the French city of Mulhouse clashed with local police over the weekend, allegedly using guerrilla-style tactics against the officers including laying traps and attacking them.

The clashes occurred over the period of several hours and saw the local youths set garbage bins on fire and destroy a car in the neighbourhood of Drouot, newspaper L’Alsace reports

The violence began in the area at around 8:30 pm according to local residents who called the police to help calm the situation. When officers arrived on the scene at Rue de la Navigation, they were met with violence as small groups attacked them with weapons including stones and iron bars.

Attacks on police and medical services personnel have become more common in France recently. Some are Islamic-terrorist related, and some are simply random attacks.

The article further reports:

The besieged officers caught in the ambush managed to call for reinforcements from Mulhouse and from neighbouring Colmar and Saint-Louis which lies on the Swiss border. The police also requested additional Gendarmes helicopter air support.

Around 50 “youths” were believed to have participated in the clashes, throwing stones and other objects from the top of roofs in the neighbourhood at the officers. The clashes lasted several hours and police say that the situation did not return to normal until around 3 am. No one was arrested following the conflict.

This is not totally an Islamic problem, but it is partially the result of excessive immigration by Muslims–including Muslim youths who are unable to find jobs. Proverbs 16:27 says, “Idle hands are the devil’s workshop.” Groups of young men without jobs and without family responsibilities are not a recipe for stability in any country. We can learn from what is happening in Europe that we need to limit immigration to those who can find work in America and are willing to respect the laws of our country. If not, we will find ourselves with youth rioting in the streets of America in the not-to-distant future.

Good News For American Workers

The Washington Examiner posted an article today stating that a trade deal has been negotiated with Mexico. The deal did not include Canada, President Trump has indicated that he wants to cut a separate deal with Canada.

The article reports:

The main aspect of Monday’s deal with Mexico was raising to 75 percent, up from 62.5 percent, the amount of North American-made parts a car or truck must have to qualify as duty-free under NAFTA. The change will make it less economical for manufacturers to rely on supply chains that extend into Mexico. The Trump administration has long sought to force more manufacturing back into the U.S. Deal also requires at least 40 percent of auto content to be made by workers earning at least $16 per hour.

The article concludes:

The deal will likely increase pressure on Canada to agree to U.S. demands when three-way talks resume, mostly likely after López Obrador takes office.

“Progress between Mexico and the United States is a necessary requirement for any renewed NAFTA agreement,” Adam Austen, a spokesman for Canadian Foreign Minister Chrystia Freeland, told Reuters. “We are in regular contact with our negotiating partners, and we will continue to work toward a modernized NAFTA. We will only sign a new NAFTA that is good for Canada and good for the middle class. Canada’s signature is required.”

America has made some bad trade deals in the past. NAFTA is one of them. It looked good on paper (to some people), but hurt American workers. I applaud President Trump’s efforts to protect the jobs of American workers and bring jobs back to this country.

If The American Economy Is Recovering Why Do We Need To Extend Unemployment Benefits?

I am not unsympathetic to people who have lost their jobs during the recession. I know that there are a lot of them. I don’t mind paying unemployment benefits to people while they look for jobs. I just don’t understand why unemployment benefits should be paid to people for almost two years. I don’t think that encourages people to look for jobs.

The Wall Street Journal posted an editorial today about the economic impact of extended unemployment benefits. The article reminds us that according to the current unemployment numbers, the unemployment rate is 7 percent–not 10 percent rate as it was when the extension of benefits was originally passed.

The article reports:

This also ignores that states and employers are already paying for this supposed free lunch in the form of higher job-killing payroll taxes under the Federal Unemployment Tax Act, or Futa. At least 24 states have been forced to raise this tax since 2010 and the Labor Department says it will rise again in 13 states to repay $20 billion in loans and interest they owe the feds for helping to finance state-funded benefits. This federal tax is applied to 0.6% of a worker’s first $7,000 of annual wages. The rate rises automatically by 0.3% for every year states fail to repay their unemployment insurance loans from Uncle Sam.

…Economist Martin Feldstein long ago proposed a better plan to create a self-insurance component of unemployment insurance with tax dollars going into an employee trust fund for each worker that could be drawn during a bout of unemployment. Workers could keep whatever money was left over at retirement, which would encourage workers to become re-employed more quickly after losing a job.

Instead the current system provides as much as two years of benefits for not working and raises payroll taxes on employers even as some 20 million Americans are still unemployed, underemployed or discouraged from looking for work. None of this will help the economy create more jobs, which is what the jobless need far more than another government check.

The American taxpayer cannot afford to pay people not to work for extended periods of time. We are in danger of losing our work ethic. There was a time in this country when a person would take any job available rather than take money from the government. Unfortunately, we have come a long way from that time. Unemployment benefits should be paid for a long enough time period to allow a person to find a job. Two years is simply too long to pay a person for not working.

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