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Views on the News

Views on the News*

 July 15, 2017

 

Even before Donald Trump took the oath of office, Democrats started planning his demise… resistance, obstruction, impeachment and now attempting to exercise the 25th Amendment, bypassing impeachment, declaring Trump unfit for office.  Trump, the un-politician politician, doing the unthinkable, telling the world the way it is… recognizing reality and proceeding to deal with it… reminding the Western world who we are as a free people and working to make sure we stay that way.  Democrats will not accept the outcome of the election.  The media, the polls, their gut, told them they were going to win and literally took that to the bank.  Hillary played the part well, the dutiful wife, the ultimate feminist that destroyed any jilted woman who got in their way.  The ‘public servant’ with the finger always up in the air testing the political winds is always keeping the socialist goal in mind.  The Clinton’s spurned the millionaires in favor of playing with the billionaires.  The foundation donors all anticipated great rewards for their ‘donations to humanity’.  Bill and Hillary made deals with the Russians before the Democrats made it unfashionable, selling them 20% of our uranium deposits… all to secure $145 million in donations to their foundation and a half million dollar speaking fee to Bill Clinton for speaking in Moscow.  The Clinton’s also took money from Andrey Vavilov, a former Russian government official and chairman of SuperOx, a research company part of the ‘nuclear cluster’ at the Russian government’s Skolkovo research facility.  None of these activities even raised an eyebrow with Democrats.  The Clinton Foundation has a major problem because they have scores of donors and investors, many foreign, that want either their money back or what they were promised.  While, the left is busy planning, obstructing, and resisting, President Trump is hard at work.  Contrary to what the media, the sub-office of the DNC, says, President Trump has accomplished much these past five months, more than Obama managed to do during his first four years.  President Trump is doing the unthinkable and the unexpected: he is doing what he campaigned on and what he said he would do.  The business of any successful nation is business, and no one knows business better than Donald Trump. As much as a good businessman, a good president can’t afford to ignore reality, because the success of our country and Western civilization depends on it.

(“Trump Doing the Unthinkable” by Ray DiLorenzo dated July 9, 2017 published by Canada Free Press at http://canadafreepress.com/article/trump-doing-the-unthinkable )

During the 2016 election, the “Never Trump” conservative critics of Donald Trump predicted a catastrophe for the country if he was elected President.  As we approach the six-month anniversary, America is witnessing our most successful presidency since Ronald Reagan.  Contrary to worries from movement conservatives, the President assembled a stellar cabinet and appointed a solid strict constructionist, Justice Neil Gorsuch, to the Supreme Court.  He instituted a travel ban, upheld by the Supreme Court, on six majority Muslim countries that harbor terrorists and cannot provide adequate vetting of their citizens who want to visit the United States.  While we await construction of the border wall, deportations of illegal aliens have increased and the flow of undocumented immigrants across the southern border has dropped dramatically.  The President is currently enjoying his second successful foreign trip.  On his first overseas visit, he was greeted as a hero in Saudi Arabia and warned Muslim leaders about the threat of radical Islamic terrorism.  Fortunately, America now has a President who will speak the truth about the jihadist threat to civilization.  Americans now can feel comfortable that their President will no longer apologize for their country, but will extol our virtues on foreign soil.  After his successful visit to the Middle East and the reestablishment of a close relationship with our biggest ally in the region, Israel, President Trump admonished our NATO allies to pay their fair share in military expenditures.  This stern lecture was not well received by some NATO countries, but it was appreciated by leaders in Poland and other countries who are fulfilling their defense obligations.  As he embarked on his second foreign trip, the President’s first stop was in Poland, where he was given an enthusiastic welcome.  At the G-20 summit, he met with Russian President Vladimir Putin and successfully negotiated a cease fire in Syria, while discussing other important topics such as the North Korean threat and cyber warfare.  While the biased media focused on Russian interference in the 2016 election, Trump focused on delivering results for the American people.  His significant foreign policy accomplishments notwithstanding, the biggest impact of President Trump has been on the nation’s economy.   This year, the country is averaging 180,000 new jobs each month, much better than the average during the Obama years.  Last month, the unemployment rate held steady at a remarkable 4.4%.  Wage growth edged upward 2.5% annually with the average work week increasing to 34.5 hours.  In June, there were 160.1 million Americans in the labor force, an increase of 361,000 from the May report.  The labor force participation rate improved to 62.8% as 94.8 million Americans are outside of the workforce, a decrease of 170,000 from last month.  While these job numbers are impressive, it will take time for the full Trump economic plan to take full effect.  First the GOP Congress needs to pass a healthcare plan that will cut taxes, lower premiums and remove the individual mandate.  Then, a tax cut plan needs to be passed that will provide relief to millions of Americans and give businesses an incentive to grow their operations in our country.  Cutting the top corporate tax rate will also lure companies that have left the country back to the United States.  The President will also create more jobs in the economy as he rebuilds our crumbling infrastructure and boosts our military spending as we follow the Reagan maxim of peace through strength.  While we await some action from the slow-moving GOP Congress, the President has been aggressively signing executive orders to improve our economy.  One major step was removing the United States from the Paris Climate Accord.  This treaty was never ratified by the United States Senate and would have unfairly penalized American businesses.  By approving the Keystone and Dakota Access pipelines, Trump has not only guaranteed more job creation, but he also helped ensure that our country will become energy independent.  In his first few months, the President has also cut harmful government regulations, unburdened the coal industry, and turned the EPA into an agency determined to improve the environment, not harm our economy.  Furthermore, the falling gas prices are giving economic relief to millions of Americans.  In the critical area of trade, the President removed our country from the terrible Trans Pacific Partnership and will rework NAFTA and other trade deals to make them more beneficial for our country.  The President also revived the National Space Council as he displayed a renewed vigor to rebuild our space industry and reorient NASA toward human spaceflight.  As America once again reaches for the stars, so has our stock market, which has reached an all-time high during the Trump administration.  Consumer confidence has also skyrocketed.   Despite the constant media criticism, it seems clear the American people have confidence that the President and his team are skilled at handling our economy.  With the dizzying pace of triumphs, the “Never Trump” critics of the President look foolish today.  These so-called Republican conservatives said that Trump would be a disaster for the economy.  They claimed he was just a liberal masquerading as a conservative.  At this point, the evidence is clear that these critics were embarrassingly wrong and that Donald Trump has not only restored faith in American leadership around the world, but he has also restored faith in the American economy at home.

(“Never Trump Critics Look Foolish Today” by Jeff Crouere dated July 8, 2017 published by Canada Free Press at http://canadafreepress.com/article/never-trump-critics-look-foolish-today )

Democrats hoping that their party can recapture control of the House of Representatives in 2018 should probably not get their hopes up.  National party strategists seem determined to ignore the main lesson of the 2016 election, and are making mistakes that signal a long season in the cold lies ahead.  A widely ridiculed slogan contest by the Democrat Congressional Campaign Committee seeks to electrify the public with “Make Congress Blue Again,” and “She persisted, We resisted,” and, the worst of the bunch, “Democrats 2018: I mean, have you seen the other guys?  If nothing else, Hillary Clinton’s loss to Donald Trump should have established that simply harping on the deficits of one’s opponent is no guarantee of victory.  Early data strongly suggests that voters, including core Democrat constituencies, need a positive, affirmative reason to support the party’s policies and candidates.  To an extent that die-hard partisans find difficult to understand, many Americans have a loose, almost casual relationship to party affiliation.  Their logic is: We tried the Democrat (Obama) and things didn’t get better, so let’s try the other guy (Trump).  That may seem maddening and inexplicable to Democrats in New York or Washington.  It offers a sobering reality that Democrats have no future without recapturing core constituencies, especially white working class households.  In other words, to win back Congress Democrats ought to camp out in the industrial Midwest and offer policies and personalities targeted at these swing voters, who have already seen the other guys and decided to take a chance on them.  We’re seeing a return of subprime lending. The government-sponsored mortgage companies Fannie Mae and Freddie Mac are once again backing mortgages to people with shaky credit and employment history.  Democrats have an opportunity to sound the alarm on the dangers of handing out government guarantees on subprime loans, a practice that adds rocket fuels to risky financial behavior and sets working families up for future bankruptcies and foreclosures.  Democrats also have a chance to embark on a national campaign to restart the home-building market, in part by championing local zoning rules that encourage new development.  This might ruffle the feathers of local environmentalists, but a pro-growth economic agenda is what voters in depressed urban and suburban swing counties are looking for, but it will be a lot easier to sell than lame slogans.

(“Democrats, stand for something” by Errol Louis dated July 11, 2017 published by New York Daily News at http://www.nydailynews.com/opinion/democrats-stand-article-1.3315937 )

Statistical results of opinion polls vary, but they all indicate that the public’s trust in news media is at an all time low.  It’s not just President Trump that’s concerned about “fake news,” the public has serious reservations about whether the news reports they read are factual or simply “made-up.”  Fake news, in one form or another, has been around for so long that almost half of the public thinks it has learned how to determine if news is reliable.  The reliability of the report is largely based on the reliability of the agency doing the reporting. News reports that have to be retracted and apologized for have become common.  The public didn’t lose its respect for news media overnight; it has taken several years and developed in stages.  Decades ago, when television was in its infancy, news reports may have been slanted but there were a variety of opinions being expressed.  As TV viewing became more prominent, the three major networks, ABC, NBC, and CBS, became so firmly established that they told the public what to think.  These self-anointed experts thought they were better qualified than the public to decide what kind of society was needed.  So, based on the philosophy “the end justifies the means”, networks stopped presenting the other side of the story.  Advocacy journalism took over, and the public was pretty much taken in by it. Actually, by this time, the public had almost surrendered itself to electronic media.  Not only did the viewing public succumb to TV sitcoms, but it got its history, news, and opinions from television.  The majority was so intimidated by the awesomeness of electronic media that it cravenly accepted whatever was presented without question.  Many Americans soon began to realize that electronic news media was a crucial cog in the Liberal political machine, and they began to lose respect for national media.  News media conglomerates reacted by accusing those who disagreed with Liberal opinions as having mental problems.  A multitude of media-created mental afflictions sprang up almost overnight: racism, sexism, homophobia, chauvinism, xenophobia, and so on.  At first, many were taken in by these phony mental disorders but common sense gradually prevailed over brainwashing.  The news networks stubbornly believed they were invincible, and could manipulate public opinion.  The seismic shock of Donald Trump’s defeat of Hillary Clinton thrust them into an abysmal state of disbelief from which they have yet to recover.  They felt sure their scathing coverage of Trump’s campaign had so discredited him that he couldn’t be elected.  They seem to believe, even at this late date, that they have the power to overturn the election results, or at least force President Trump’s removal from office.  Shamelessly, Liberal news outlets no longer even pretend to present real news.  They frantically report whatever they think will disparage the President without regard to its veracity, and they don’t seem to care if their deviousness is discovered.  No sooner is one false report retracted than another even more egregious false report is issued.  The USA is currently experiencing an era of national division even worse than the Civil War period.  This time it’s not the North versus the South.  The division in our age can be described as the values of Middle America versus the values of the East and West Coasts; e.g. common folk versus elites.  There is also an emerging conflict between responsible citizens and wards of the State.  Being perceived as a victim has become so lucrative that we are experiencing a rash of fake hate crimes.  Fake news reporting is encouraging more fake claims of hate crimes.  With the assistance of one-sided media coverage, the Victimology industry is flourishing and getting out of control.  During the Civil War, President Lincoln shut down several newspapers that opposed his policies.  It might be too unsettling for President Trump to close down cable news networks, although many of us would welcome it.  The American public deserves trustworthy news agencies with integrity.  The Fourth Estate has long been an essential part of our society.  A massive outpouring of citizens engaged in unflinching boycotts of sponsors of biased news outlets ought to do the job.  Even though a media backlash might occur, the proliferation of fake news and fake hate crimes cannot be ignored much longer.

(“Network News Has Evolved From Slanted to Fake” by Gail Jarvis dated July 1, 2017 published by Canada Free Press at http://canadafreepress.com/article/network-news-has-evolved-from-slanted-to-fake )

 

If the Trump administration has one overarching goal, it’s to Make America Great Again.  It means we are promoting MAGAnomics, and that means sustained 3% economic growth.  For most of our nation’s modern history, a healthy American economy meant one that grew at roughly 3.5%.  That was the average growth rate between the late 1940s and 2007.  Since 2007, GDP growth has hardly topped 2%.  Over the next 10 years, 3% growth instead of 2% will yield a nominal gross domestic product that is $16 trillion larger, federal government revenues $2.9 trillion greater, and wages and salaries of American workers $7 trillion higher.  For merely suggesting that we can get back to that level, the administration has been criticized as unrealistic.  We heard the same pessimism 40 years ago, when the country was mired in “stagflation” and “malaise.”  Ronald Reagan dared to challenge that thinking and steered us to a boom that many people thought unachievable.  In the 7½ years following the end of the recession in 1982, real GDP grew at an annual rate of 4.4%. That is what a recovery looks like, and what the American economy is still capable of achieving.  The focus of MAGAnomics is simple: Grow the economy and with it the wealth of, and opportunity for, all Americans.  It does that by focusing on fundamental principles that made the U.S. economy the greatest engine of prosperity in the history of the planet:

·    Tax reform. We need to boost productivity by encouraging capital investment.  We’ve seen for decades that growth in private-sector jobs correlates to growth in private business investment.  When businesses invest in new plants and equipment, they tend to hire more people, who produce more.  Lower tax rates and faster cost recovery are two levers that will reduce the cost of capital and thereby help ignite economic growth. Since 70% of business income goes to wages, the benefits flow to workers as well.

·    Curbing unnecessary regulation. Much like commonsense tax reform, rolling back unnecessary burdensome regulations will reduce the cost of doing business.  When regulations increase costs, they decrease returns, leaving less capital to invest.  If they are too burdensome, they discourage any investment at all, as businesses choose to forgo opportunities.  This is important to all business, but especially to capital-intensive sectors like manufacturing.  Overly zealous environmental regulations have played a role in pushing many U.S. businesses overseas.  Requiring realistic and fact-based cost-benefit analyses of regulations will help protect both the environment and American jobs.

·    Welfare reform. Growth depends on the size of the workforce.  Although the labor pool is aging, we are also see people who could be working but are staying home.  We need them to go back to work, but believe that most want to do this but lack the opportunity.  Our welfare system creates disincentives for people to seek work, so reform is needed to ensure it helps those in need of it, but does not encourage people to stay home.

·    Smart energy strategy. The President’s “all of the above” energy strategy expands the economy’s growth potential.  it puts coal miners back to work.  By ensuring reliable supplies and stable prices, the President’s energy plan will reduce uncertainty, especially in the manufacturing sector, thereby reducing the risks associated with building new plants and hiring more American workers.

·    Rebuilding America’s infrastructure. The President’s plan to rebuild infrastructure will create immediate job opportunities.  It will also boost the long-term productivity of American industry.  Rebuilding roads, bridges, airports and ports will pay dividends both now and in the future.

·    Fair trade for America. The U.S. is frequently abused in international trade. Ensuring that other nations do not undermine our economy by unduly taxing our products, by dumping products here, or by stealing our intellectual property is essential to our economic future.

·    Government spending restraint. When government spends a lot, it takes money away from private investment.  Private investment is always a more efficient allocator of capital than government.  We will continue to fund critical government functions, including a social safety net that gives people the comfort of knowing they will not be overlooked while encouraging them to be more willing to take chances.  We will watch every dollar to minimize waste, and take from you only what government actually needs to function.

MAGAnomics is for everyone, but especially for those who left for work in the dark but came home after their kids were asleep; it’s for those who work part-time but praying for a full-time job; and it’s for folks whose savings are as exhausted as they are.  This President hears you; he knows America’s greatness doesn’t spring from higher taxes or unnecessary regulations or broken welfare programs; it doesn’t come from government at all; and it comes from you.  If we enact the President’s broad agenda and MAGAnomics is allowed to work, we will have set the stage for the greatest revival of the American economy since the early 1980s.  It will remind people, including those who have forgotten what a great America means.  

(“Introducing MAGAnomics” by Mick Mulvaney dated July 12, 2017 published by Wall Street Journal at https://www.wsj.com/articles/introducing-maganomics-1499899298 )

 

There is so much published each week that unless you search for it, you will miss important breaking news.  I try to package the best of this information into my “Views on the News” each Saturday morning.  No updates have been made this week to the issue sections.

 

David Coughlin

Hawthorne, NY

http://www.returntocommonsensesite.com/