Posted on 07/28/2018 6:40:11 AM PDT by bray
I press toward the mark for the prize of the high calling of God in Christ Jesus. Philippians 3:14 (KJV)
Once again we have the Marxist Media explaining to us what is wrong with the best Gross Domestic Product quarterly results in the last four years. To have a bunch of leftist economists explaining why a roaring capitalist economy is a bad thing is like being lectured by atheists about the Bible or Maxine Waters preaching why calling for violence against Trump supporters is ordained from God. The only difference is these economists know less about capitalism than Mad Maxine does about Free Speech.
This is an amazing report since it has happened in such a short time. While the critics were all wrapped up in political economics such as so called, “clean energy” and their feel good boondoggles President Trump is all about lowering energy costs and regulatory expense. He has been dogged on unleashing the power of low cost energy by tapping into coal and oil which the Marxists hate since they are scared people would see what happens with a healthy economy which is the real reason they are preaching doom and gloom.
As more and more coal comes online as well as greater access to fracking discoveries in the West, the energy costs will come down more for both gas and electric increasing this critical foundation. He has also deregulated the banks and every other industry allowing businesses to make decisions on economic factors rather than the maze of applications and regulations used as roadblocks by Moscow on the Potomac. America is just seeing the tip of the iceberg as new factories and investments are coming back to one of the best places in the world to do business.
The only downside of this economy is so much of it is being built on gummit spending and especially on defense which is filled with waste. Of all the DC spending investing in US weapons manufacturing is actually the most effective since it goes directly to the American worker and stimulates the economy most directly as well as repairing a neglected overworked military fighting two wars. This spending has to be reduced in the future one way or another to lower deficit spending, although President Trump knows better than anyone else in the District of Corruption. What the Marxist economists are not talking about is the number of jobs which are reflected in the 4.1 percent GDP. There are more real manufacturing jobs created in the past year than any year in decades.
This is great news for the people hired and even better news for the businesses which support these towns as the multiplier affect occurs in capitalist countries. When a steel worker goes back to work and is making seventy to a hundred thousand he now has money to go out for pizza with the family. This helps the pizza restaurant and now the waitress has money to put extra food on the table or buy a new car. This helps the car lot or farmer who is now growing more profitable crops and livestock and keeps circulating around and around.
Capitalist economists believe for every extra dollar that enters into the community it multiplies a hundred times making every dollar into a hundred dollars. Then you talk about millions of jobs creating billions of dollars you can multiply that by a hundred and realize how big a factor these jobs are affecting their communities across America making some of the hardest hit cities in the Rust Belt healthier. Conversely when you increase gummit spending it is estimated the multiplier effect is only fifty times due to waste and inefficiency inside the government. This is why Trump’s 4.1% is so impressive since it is almost all private enterprise leading to future positive economic news as more businesses expand and improve.
One of the most overlooked factors of this recovery is the leadership of President Trump. As in all good leaders we are seeing him being very hands on with this economy. He is flying all over the country not only explaining how important these industries are, but he is being the head cheerleader for America. He is actually traveling the world bringing business to the country he loves. Whether it is with a stick or a carrot he is telling businesses and countries around the planet that America is open for business and will no longer be taken advantage of. His schedule would kill men half his age.
A good leader is a good cheerleader and teacher since this is how you get the most of all your people. Once they realize he believes in them they will begin to believe in themselves and that cycle will get stronger and stronger. After decades of apologizing for capitalism we have a true businessman in the office and is running that rundown Beltway like a business and we are beginning to see those results.
The tax cuts are a big factor in this recovery as we are seeing what trickle down economics actually looks like in action. The Dems have always laughed at it as a joke since business owners are nothing but greedy ogres when in reality they are families who want the best for their workers. They know good employees are hard to find and harder to keep as well as wanting to build a team so they treat them accordingly. When most corporations make profits they share it with their employees and enjoy the feeling of helping people who are helping them and reward them accordingly.
Corporations are not evil giant faceless entities as the Dems paint them, but a group of people organized in such a way to make them efficient in the economic and regulatory environment they live in. Most are giant teams of workers striving for a common goal to make the best product or service in the marketplace. They have been painted as evil by the Marxists for political gain, but corporations are nothing more than a group of people organized for a common goal to produce a product.
We are seeing the actual results of what is the difference between a centralized economy and a deregulated one. What the Marxists need to axe themselves is should the poor work for a living or should they live off the others who work? There will always be poor and low skill, low wage work so there will always be lower paid groups. The question is should they have jobs and work or stay at home and have the gummit take care of them?
With jobs they have a chance to move up the ladder as they learn new skills and become a more valuable worker. America is the home of rags to riches having more millionaires from poverty than the rest of the world combined. If the poor are encouraged to enter the job market they have a much better chance of moving up economically than being taken care of by a dead end welfare existence. This is not a heatless move of taking them off the gummit roll, but a caring loving encouragement to start them on their path to economic freedom and in many cases the path to economic success.
The only thing standing between 6-8% GDP are the Marxist media and the DNC. If they were to drop their war on America and start fighting for her there would be the greatest expansion this country has ever seen. If they were to drop their weapons such as Global Warming and their war on cops or the war on men and Christians we would see a country most had ever dreamed of and poverty rates would plummet. If they would start helping rather than resisting the average worker would be making more than he ever has in the history of this country.
Fortunately, we finally have a President who loves America and is willing to fight for her no matter what is done to him. Where others have surrendered he has doubled his efforts and fought twice as hard for the average Joe going to work every morning and putting in a hard day. This is what has made this country great and is what is making it great again. President Trump understands what makes that torch burn bright is all of those people working in a giant melting pot who are turning out freedom and liberty for this Shining City on a Hill.
Pray America woke
enough brayin
Trump mentioned on Hannity’s radio show yesterday that this quarter will be higher than the last. 4.1% last quarter, perhaps 5+% this quarter.
Driving home yesterday I heard a reporter on the radio stating the 4.1 GDP was the culmination of a financial comeback starting 2014. Although he did say the word “Obama.” there was no question he was giving Obama the credit. Then he said it was unsustainable. These people are such fools!!
Every Trump success highlights the Left’s failures. That’s why they cannot give him an ounce of credit and hate him so much.
On the “news” channels they talk about the 4.1 for a few seconds. Call it a blip or fake. Then it’s back to the Trump Tower meeting with the Russian chick who rigged the election for him. Same thing today.
Trying to give Obama credit....while saying “there’s no way this is gonna keep going”.
Covering both bases If it keeps going, it’s still Obama’s. If it doesn’t, then Trump wreck Obama’s economy.
On the “news” channels
***************
Labeling it as “news” is fake in and of itself. It reality, its nothing but an endless stream of anti-Trump propaganda. Most people see this for what it is by now but the media is drunk with perceived power and still thinks it can manipulate people by distorting and “shaping” their so-called reporting.
The media has lost all credibility.
It’s pathetic and mildly amusing to see how the vermin in the media attempt to change reality, by saying things like: “it’s not sustainable,” “this started with obama,” “yeah, but the ‘trade war’ is going to ruin us all.”
Blah blah blah.
LOL - Maxine Waters becomes the face of the Democrat Party....
That's almost the definition of unsustainable...
What Trump is doing will continue to improve the economy for many years.
Thanks Bray. I am always reminded of this quote as I watch local small companies expand and hire:
https://www.youtube.com/watch?v=YKjPI6no5ng
Net Result is lowest energy costs on the planet and lowest costs of raw materials as feedstock for the global plastics industry.
$180bn investment in plastic factories feeds global packaging binge ...
https://www.theguardian.com/.../180bn-investment-in-plastic-factories-feeds-global-pastics...
Dec 26, 2017 - Colossal funding in manufacturing plants by fossil fuel companies will ... “Around 99% of the feedstock for plastics is fossil fuels, so we are looking at ... The huge investment in plastic production has been driven by the shale oil revolution ..
Natural Gas Boom Brings Major Growth for U.S. Chemical Plants ...
https://e360.yale.edu/.../natural_gas_boom_brings_major_growth_for_us_chemical_p...
Jan 29, 2015 - The surge in U.S. production of shale gas is leading to the rapid expansion of chemical and manufacturing plants that use the gas as feedstock. ... natural gas to produce key ingredients found in everything from plastics to fertilizer to liquid fuels
If this is Barack’s recovery why didn’t it happen in his 8 years and why was he always blaming Bush explaining it.
What gets me is them saying it was because of the surge in soybean purchases due to the Chinese tariff war. If so, why didn’t these prescient geniuses go long on soybeans and cash in? This is more like floundering for any excuse to downplay good news and grabbing something out of thin air.
Wonder what they’re going to use in the next quarter when the pace is “sustained”.
And it couldn't have come at a worse time - FOR THE DEMOCRATS!
It's soon to be August, and the Democrats desperately need to go home to campaign and tell people what a terrible economy President Trump has. They need to wail about what a failure tariff's have become. So much bad news, and gloom and doom. Except the only way they could have gone home with such terrible news is if Hillary had been elected!
Americans have a choice, and I deeply pray they understand the difference.
1. Elect Republicans and keep President Trump on track to MAGA.
2. Elect Democrats and you get MAMA - Make America Miserable Again.
Those are the choices.
Cash for clunkers destroyed the used car market. I used to be able to purchase a viable vehicle for 12-15 hundred buck, a vehicle that still had enough life in it to last a few years. Even with inflation, that should only be about double.
Good luck finding the same today for 5K; more likely much closer to 10K.
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