Posted on 03/11/2025 7:51:11 AM PDT by bray
Deuteronomy 7:9 (King James Version) Know therefore that the Lord thy God, he is God, the faithful God, which keepeth covenant and mercy with them that love him and keep his commandments to a thousand generations;
Old Media is gleefully reporting the Trump economy is in tatters and hopefully a recession is on the way so they can get back in power. They are using the stock market as their proof as well as some Fed reports saying the economy is slowing down and the final bit of evidence is eggs have not gone down yet after over a month in office. Problem is, none of their facts are the real economy.
The one item to watch is the price of oil. It has dropped from $80/bbl when President Trump took office to $65/bbl today which is over 15% and dropping. Wall Street is the most obvious and important indicator for billionaires, but the price of oil affects everyone else. As a side note everyone said raising tariffs on Canadian oil will raise the price of gas when in reality it has zero affect on world prices due to the minor amount of production overall.
Lower oil prices will soon bring down the prices of gas, diesel, and petroleum products down the road making life easier on the average Joes and Janes. Right now, the focus is more oil production to keep those prices going lower as supply increases. Last week there was a new record production for America and you will see that happening on a regular basis eventually lowering the costs of everything, making America more competitive.
This is not a short-term fix like pouring money into the stock market through printing more money magnifying the problem but he is creating a long-term solution. America is blessed with as many oil and gas as any country on the planet and is its primary advantage so pumping more to lower prices to the consumer puts more actual money in Americans pockets to be used elsewhere.
Private sector money has a larger multiplier affect than public sector by more than double. Private money creates other jobs to help support these companies, which means for every dollar generated in the real economy it affects a hundred people as these jobs begin creating other jobs which uses these dollars to create other jobs. Even if they save it the money is used by the banks to loan to people and businesses to multiply those dollars into more jobs down the road.
Public money does just the opposite, since gummit does not create other industries related or unrelated. Due to corruption and bribes as well as job inefficiency these dollars are stagnant as only ten cents of every dollar actually gets to where it is intended to stop the multiplier effect. These are the dollars reflected on Wall Street since this is heavily weighted to the NE Corridor which is funded by Moscow on the Potomac and Havana on the Hudson.
You are already beginning to see activity as the building industry is already beginning to see results. It is a bit slow as the spring building season has yet to begin in earnest, but there is far more activity than has been seen since the Covid shutdown and Trump’s booming first four years. The overall market, which is considered the tip of the spear, seems to be getting lots of people wanting to build if they can come up with, the funding. Another reason to keep from pouring money down that rat hole.
The Fake News is trying to convince America President Trump’s economic plans are a failure in a craven attempt to regain power. Do not listen to them and assume the best in a bad situation. He is pointing to the long term which means taking out a lot of dead wood before you can plant a new economic plan. This is what he is doing and why you need to have the tough get going.
Pray for America
enough brayin
WOW after only 6 weeks and already they are willing to blame Trump for everything that’s been wrong for years! Sorry, media, just not listening anymore. Yes, there are things that may hurt (Reagan had a first term much like this one). No pain, no gain. The stock market is a wait and see proposition for now.
Keep fighting princess.
Pointing to the stock market as proof that the economy is tanking is one measure which doesn't reflect the overall state of the economy. As Bray has written, as gas and oil prices come down, the economy will energize again. I have seen this numerous times now and the game remains the same. Democrats attack gas and oil and the economy tanks. Republicans free the energy industry from Democrat rule and the economy takes off.
Let me add also, that some of the richest Democrats have ALWAYS made tons of money off of energy companies. They just don't want the people to know it.
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