Posted on 06/20/2023 4:23:56 PM PDT by E. Pluribus Unum
This is the big one. The Economic Policy is the distinct and singular policy at the core of Make America Great Again. The MAGA coalition is centered around the principles of America First economics, and Ron DeSantis has just admitted he does not support them.
CTH has long warned about Ron DeSantis’ economic policy being driven by the donors who fund him. When he was in congress, DeSantis voted in support of Trade Promotion Authority (TPA) for President Obama, and DeSantis voted in support of the Trans-Pacific Partnership trade agreement (TPP).
These are the trade policies supported by the Club for Growth who was congressman DeSantis’ biggest funder. The Club for Growth also held the pre-announcement donor fundraiser in February of this year in support of DeSantis ’24.
The Wall Street billionaire, hedge fund, multinational corporate alliance, that assembles at Sea Island and funds Ron DeSantis, are fully against America First trade and economic policies. DeSantis has just made an admission of his alignment with that corporate “globalist” outlook to a private confab of donors in California.
The DeSantis campaign is in full panic and retreat mode now that his establishment position is exposed. The statements during the secret meeting were leaked.
[CALIFORNIA] […] The Republican snuck in and out of the Coalinga landmark undetected by the public nor the media, by design. He flew in and out of the nearby Coalinga airport, ushered to the back loading docks by unmarked Fresno County Sheriff’s vehicles.
The Central Valley lunch stop for 60 donors — paying $3,300 — was in between a breakfast event in Sacramento, and an evening in southern California. The only indication that something special was going on was a “private event” sign. Most of the questions for the security guard related to the location of the restrooms.
[…] John Harris, the rancher and entrepreneur, hosted the DeSantis event at his eponymous resort, along with Fresno developer Richard F. Spencer. Harris was unable to attend, but Spencer did grant a rare media interview with GV Wire.
[…] The Florida governor also talked about global supply chain problems and China, and “how to make life better for the people here in the United States,” Maher said. Others reported that DeSantis said Trump’s tariffs were “not effective.” (read more)
More about the donor event is HERE – “Around 50 people joined DeSantis for lunch at Harris Ranch in Coalinga, which was hosted by Harris Farms Chairman John Harris and Richard Spencer, the owner of Fresno-based Harris Construction.” (link)
In addition, while in California, DeSantis also went to another Big Club fundraiser. “Governor of Florida Ron DeSantis’s Silicon Valley Peninsula fundraiser was hosted by John Hamilton, a real estate investor who has donated tens of thousands to RINOs and former presidential hopefuls Mitt Romney and John McCain.” (more)
Ron DeSantis aligning against the core values of America First economics is a HUGE warning flare. We have discussed this issue on these pages and in every platform we can reach for a long time. The DeSantis team is trying desperately to recover from sunlight upon their donor influence, but they cannot refute the words of their candidate in support of those donor priorities.
Keep in mind also that Donald Trump recently announced the sweeping “Economic Agenda 47“, which includes baseline tariffs against all imported goods.
♦UNIVERSAL BASELINE TARIFFS: President Trump has announced a plan to replace the Biden system of punishing domestic producers and rewarding outsourcers with a new system that rewards domestic production while taxing foreign companies.
Rather than raising taxes on American producers, President Trump will impose tariffs on FOREIGN producers through a system of universal baseline tariffs on most imported goods. Higher tariffs will increase incrementally if other countries manipulate their currency or otherwise engage in unfair trading practices. (link)
Candidate Ron DeSantis now stands in opposition to this approach, and the current tariffs against imported Chinese goods which have been exceptionally effective. So effective, even the Biden administration has admitted their value.
As long as Donald J. Trump singularly represents the only counterforce against this UniParty globalist construct, he will continue to be targeted by the system of financial controllers who fund the political system. For the sake of brevity, this alignment of multinational corporate and financial economic interests is called the “Big Club.”
As part of the strategic political effort, the Republican wing of the Big Club needs to carve up the supporters of Donald Trump into smaller, easier to target, pieces. This is where the value of the culture war, what is now considered as ‘wokeism’, plays into the strategy of those who seek to control political outcomes and remove the threat that Trump represents to their financial interests.
In many ways, this is why we are seeing prominent Republican officeholders pushing the culture war as a tool for their own political advancement. The same Big Club members who are directly fighting against the America-First economic agenda, are the same Big Club members who are funding the Republican politicians to push the culture war.
The corporations, billionaires and multinationals who are funding the Republican candidates do not have any vested interest in the culture war. For them the social issues are a tool, technique or insurance policy to guarantee security of the interest that does matter – their financial status.
There are trillions at stake, literally trillions. Additionally, decades of their prior investment interests are contingent upon the ‘service driven economy’ being maintained.
Dollars drive the U.S. global trade and financial exchanges. The multinationals, both corporations and banks, have pre-deployed investments all around the globe. However, many of those investments are entirely contingent upon the retention of the U.S. economic system they pre-established before the investment was made. President Donald J. Trump represents the threat to that entire financial system.
Once you understand this, then a great deal of the more nuanced and granular U.S. political moves, almost all of which are funded by the corporations and billionaires who are attached to the global investment process, begin to make sense.
Every non-Trump candidate, funded to create the opposition to America First, is part of this process to use anti-wokeism as a strategy.
With this level of money at stake, do not be surprised when you look at how much is being spent to construct the system that guarantees the continuation of globalism. The money spent in funding the Republican candidates to advance the distracting cultural war pales in comparison to the amount of money at risk in the 2024 election outcome.
We know it works, because we have the results to cite.
Right before the pandemic would hit a few months later, despite two years of doomsayer predictions from Wall Street’s professional punditry, all of them said Trump’s 2017 steel and aluminum tariffs on China, Canada and the EU would create massive inflation – it just wasn’t happening!
Overall, year-over-year inflation was hovering around 1.7 percent [Table-A BLS]; yup, that was our inflation rate. The rate in the latter half of 2019 was firmed up with less month-over-month fluctuation, and the rate basically remained consistent. [See Below] The U.S. economy was on a smooth glide path, strong, stable, and Main Street was growing with MAGAnomics at work.
A couple of important points. First, unleashing the energy sector to drive down overall costs to consumers and industry outputs was a key part of President Trump’s America First MAGAnomic initiative. Lower energy prices help the worker economy, middle class and average American more than any other sector.
Which brings us to the second important point. Notice how food prices had very low year-over-year inflation, 0.5 percent. That is a combination of two key issues: low energy costs, and the fracturing of Big Ag’s hold on the farm production and the export dynamic:
(BLS) […] The index for food at home declined for the third month in a row, falling 0.2 percent. The index for meats, poultry, fish, and eggs decreased 0.7 percent in August as the index for eggs fell 2.6 percent. The index for fruits and vegetables, which rose in July, fell 0.5 percent in August; the index for fresh fruits declined 1.4 percent, but the index for fresh vegetables rose 0.4 percent. The index for cereals and bakery products fell 0.3 percent in August after rising 0.3 percent in July. (link)
For the previous twenty years, food prices had been increasingly controlled by Big Ag, and not by normal supply and demand. The commodity market became a ‘controlled market’. U.S. food outputs (farm production) was controlled and exported to keep the U.S. consumer paying optimal prices.
President Trump’s trade reset was disrupting this process. As farm products were less exported, the cost of the food in our supermarket became reconnected to a ‘more normal’ supply and demand cycle. Food prices dropped, and our pantry costs were lowered.
The Commerce Dept. then announced that retail sales climbed by 0.4 percent in August 2019, twice as high as the 0.2 percent analysts had predicted. The result highlighted retail sales strength of more than 4 percent year-over-year. These excellent results came on the heels of blowout data in July, when households boosted purchases of cars and clothing.
The better-than-expected number stemmed largely from a 1.8 percent jump in spending vehicles. Online sales, meanwhile, also continued to climb, rising 1.6 percent. That’s similar to July 2019, when Amazon held its two-day blowout Prime Day sale. (link)
Despite the efforts to remove and impeach President Trump, it did not look like middle class America was overly concerned about the noise coming from the pundits. Likely that’s because blue collar wages were higher, Main Street inflation was lower, and overall consumer confidence was strong. Yes, MAGAnomics was working.
Additionally, remember all those MSM hours and newspaper column inches where the professional financial pundits were claiming Trump’s tariffs were going to cause massive increases in prices of consumer goods?
Well, exactly the opposite happened [BLS report] Import prices were continuing to drop:
This was a really interesting dynamic that no one in the professional punditry would dare explain.
Donald Trump’s tariffs were targeted to specific sectors of imported products. [Steel, Aluminum, and a host of smaller sectors etc.] However, when the EU and China responded by devaluing their currency, that approach hit all products imported, not just the tariff goods.
Because the EU and China were driving up the value of the dollar, everything we were importing became cheaper. Not just imports from Europe and China, but actually imports from everywhere. All imports were entering the U.S. at substantially lower prices.
This meant when we imported products, we were also importing deflation.
This price result is exactly the opposite of what the economic experts and Wall Street pundits predicted back in 2017 and 2018 when they were pushing the rapid price increase narrative.
Because all the export dependent economies were reacting with such urgency to retain their access to the U.S. market, aggregate import prices were actually lower than they were when the Trump tariffs began:
[…] Prices for imports from China edged down 0.1 percent in August following decreases of 0.2 percent in both July and June. Import prices from China have not advanced on a monthly basis since ticking up 0.1 percent in May 2018. The price index for imports from China fell 1.6 percent for the year ended in August.
[…] Import prices from the European Union fell 0.2 percent in August and 0.3 percent over the past 12 months.
So yes, we know President Trump can save Social Security and Medicare by expanding the economy with his America First economic policy. We do not need to guess if it is possible or listen to pundits theorize about his approach being some random ‘catch phrase’ disconnected from reality. Yes folks, we have the receipts.
This was MAGAnomics at work, and this is entirely what created the middle class MAGA coalition. No other Republican candidate has this economic policy in their outlook, because all other candidates are purchased by the Wall Street multinationals.
America First MAGAnomics is unique to President Trump, because he is the only one independent enough to implement them.
That’s just the reality of the situation. They hate him for it…
Look up political party hack. You can do it.
“Look up political party hack. You can do it.”
Nope. You have managed to bore me almost to sleep. Nitey nite.
G’nite! ☺
Then be lazy, and continue to whine.
The CEO of Raytheon says the USA can’t decouple from China because they have thousands of suppliers they are dependent on.
When do “Free Trade” reetards wake up and realize the damage and vulnerability they have caused ?
https://www.ft.com/content/d0b94966-d6fa-4042-a918-37e71eb7282e
The Eighth Day of Creation ad was insanity, and she is supposedly responsible for it.
https://www.youtube.com/watch?v=U9oTBA-MvZk
Yes.
That’s why I think XiSantis will run third Party if he doesn’t get the nomination.
His donors will demand it. And his future in Repub politics is almost over anyway.
I think it’s very likely Rhonda or Christie will go third party. They’ll have no hope of a career in Republican politics and will decide to go out with a bang carrying water for the oligarchs and trashing Trump.
If I was drafting ball players, I would pick a guy who comes to play over one with more talent that has already taken money to throw games.
Exactly !
What have these “conservatives” ever conserved ?
Right now what they do is “conserve” the Civil Rights Act, the 1965 Immigration Act, Obamacare etc.
A bunch of them just voted for Gay Marriage, and previously for “Juneteenf” as well as MLKing Day.
The USA got NAFTA, WTO, MFN for China, the TARP Bailout courtesy of these clowns.
These fake-ass fools voted 100+ times to repeal Obamacare, and when they finally had a vote on Obamacare that mattered, they left it in place !
The GOPe/RINO/Uniparty/Swamp wants to use DeSantis to take out Trump in the primaries, and then they will work just as hard to defeat DeSantis once he gets the nomination.
“Hope that helps... but I’m probably hoping for too much.”
“ But since you seem to belong to that popular group of lazy freepers who cannot be bothered to the the simplest of research, I’ve done it for you.”
__________
You seem nice.
So, I’ll go with Google, for the sake of argument.
Ron DeSantis’ positions are:
DeSantis will raise the retirement age to 70 for Social Security.
DeSantis is for WWIII via NATO war with Russia and her allies.
DeSantis will build economic relationships between Florida, UK, Japan, S. Korea and Israel.
DeSantis will sent 48 asylum seekers from Texas to Massachusetts and says he will complete Trump’s wall.
DeSantis restricted Florida classroom discussions on sex and gender identity.
DeSantis has not said whether he would defend Taiwan, but said Taiwan is important.
DeSantis has not said what steps he would take to ensure Tehran does not acquire nuclear weapons, or how close the Iranians would be allowed to get under his leadership before he would take action to stop them.
DeSantis waffles on ERIC.
DeSantis waffles on election deniers.
________________________
You see Ron’s positions are determined by what he has done or said in the past regarding Florida mostly and also as interpreted by op-eds.
Like I said before:
“from what I’ve seen is Ron DeSantis doesn’t outline his intended national and foreign policies anywhere.“
Why doesn’t he commit to what he will do? And outline it on his web page so we can all read his intentions if he were to become the most powerful man in the world?
Or are we just supposed to be placated that the DOJ/CIA and the globalists are okay with him?
NAFTA was tariff on our exports!!! NAFTA screwed our workers.
Manufacturng is not labor intensive even in the USA. The tariff would only have to be about 8% to cover the PER UNIT increase in labor cost.
Well, THIS American is tired of Trump wasting our time trashing DeSantis who has an excellent track record. I would like to hear more about what he is going to do.
Even you admit that you don’t know what he will do or how he will do it.
Think about that.
Not whining… just tired to the divisive hit pieces. They don’t change my position at all.
And you sit in your echo chamber and pass this off as true information. The thrash from CTH is nothing more than a hit piece filled with slander.
Enjoy your cloak and dagger novels….
I disagree - spoken like an American who believes he has the God given right to pick up the phone or turn on the computer and conduct lawful business with any other person in the world.
American industrial workers are the most productive in the world.
We create 3X to 4X more value per worker than the Chinese. Before Covid, and adjusted for inflation, the USA was producing more industrial goods by dollar value - with 40% fewer workers - than we produced in 1980.
Automation, expert software, and free enterprise capitalism are the industrial future.
There is no doubt in my mind that the USA will lead that future.
I will not vote for the Bush/globalist stalking horse.
At that point you will be getting what you deserve.
Holodomor is coming. You helped make it come.
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