Thursday, August 2, 2018

TRUMPONOMICS: WAGES RISING AMIDST JOBS SURGE

America First, means putting the rights of the people and their national interests before everyone else's. It is why we elect and pay our politicians. Globalists do the exact opposite by sacrificing their people's interests to a perceived 'higher cause' nebulously referred to as "world peace" or "cooperation". But trade means, the voluntary exchange of one value for another. There is reciprocity in free trade. President Trump understands the principle.

UPDATE: In the last few hours more economic figures have been released that are firmly backing up the President's claims of the 'amazing' results of his policies. Jobs rose over all sectors, but contrary to the Obama assertion that blue collar jobs aren't coming back, "the goods-producing sector saw payrolls increase by 42,000, led by a 23,000 gain in manufacturing jobs and 17,000 additions in construction. "The labor market is on a roll with no signs of a slowdown in sight," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute." Nearly every industry posted strong gains and small business hiring picked up. (More) "Contrary to Democrat criticism about stagnating wages, those are up too by 2,8 percent.





July 29, 2018


(AUDIO) PRESIDENT TRUMP ON 4.1% ECONOMIC GROWTH 




July 27, 2018 President Trump talks about the Q2 economic figures on Hannity's radio show.

The biggest contributer to the amazing growth is the tax cut: personal consumption increased by 4% in the first full quarter after President Donald Trump's new tax law went into effect. Business investment and government spending also increased. Exports rose with 9.3%. Trumponomics are an education to the Left for obvious reasons. The Left consists of economic illiterates, like the new Socialist star Alexandria Ocasio-Cortez who actually holds a degree in economics! But it doesn't stop there. On the Right hand side of the aisle we have Libertarian "free-traders" like the Koch Brothers and the more common fiscal conservatives. While the followers of the Austrian School are economic geniuses compared to Keynesians of all hue, they tend to think in absolutes without context.

The effect of this rationalism is the belief that free trade is considered good, irrespective of context such as trade deficits: it's the individual's free choice to buy a product, no matter the origin! As if Trumponomics is some kind of fallacy. Their reasoning stops there without pondering what happens to this individual's free choice once he loses his job. Or the effects when people lose jobs on a grand scale. National prosperity depends on high value production and exports. For those fixated on the national debt and balanced budgets President Trump has another message. They should know better, because Arther Laffer sketched his curve on a napkin some forty years ago (Wiki) in the Reagan era!
President Trump told Sean Hannity he will bring down the $21 trillion US debt. President Trump: When we make good trade deals it’s going to have a huge impact on GDP growth. And the numbers will be so big that you’ll actually start paying down debt in very large chunks. It will go quickly. President Trump is right. (More)




THE 4 ZERO, NEW TRADE WORLD ORDER


In an analysis by Lawrence Solomon in Canada's National Post, President Trump just unveiled the new trade world order. Canada not included. How does the new trade world orde work?
No country participating in the world’s annual US$2 trillion in trade operates in an unfettered free market. The idea of true free trade has been so alien that when President Donald Trump proposed it at last month’s G7 meeting in Canada, it drew blanks among the other six leaders. No longer. As of this week, a commitment is in place to begin to deregulate up to half of the world’s trade — the US$1 trillion between the U.S. and the EU — taking it out of the hands of politicians and bureaucrats and leaving it to participants in the free market. But that’s just the half of it. Out are the WTO and the world trading regime as we’ve known it.
In is the Trump endgame of “four big zeros” — zero tariffs, zero non-tariff barriers, zero subsidies and zero barriers to market access. The commitment, announced Wednesday at the White House jointly by Trump and EU President Jean-Claude Juncker, will start modestly, by first eliminating tariffs and subsidies on all non-auto industrial goods, and opening up the European market to American natural gas and farm goods. The U.S. expects to negotiate away the EU’s farm tariffs, which now average 10 per cent, as well as non-tariff barriers in agriculture (such as “non-science-based standards”). 
As put by U.S. Commerce Secretary Wilbur Ross, “everything is on the table” in the Trump administration’s grand strategy to revamp the world trade order. For that reason, the emerging U.S.-EU trade agreement not only aims to reform the U.S.-EU half of the US$2 trillion in world trade, it also constitutes an agreement to reform the other half by creating an alliance against China. (More)




July 27, 2018

(LIVE STREAM) PRESIDENT TRUMP ON Q2 4,1% GDP!




Live Stream: President TRUMP Speaks on New Economic Numbers- GDP at 4.1%!

On the back of a tremendous trade deal with the EU, the verdict is in today on the second quarter of this year, and the result is beyond expectations. The economy grew by 4.1%. Exports rose with 9.3%. While EU leaders are happy (by design!) with growth of one percent President Trump proves what can be achieved with a leader who actually works for his people. Nigel Farrage explains what the "new deal" means for the EU:


BACKGROUND


PLANET TRUMP: 50 PARADIGM SHIFTS

Donald Trump has won the Presidential election. But what does that mean? Welcome into the new world. The repercussions of Donald Trump as leader of the most powerful nation on earth are almost infathomable. The political and media establishment (but also entire swathes of the world population) still don't know what hit them. (More)




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