Subscribe Us

header ads

Americans like Trump's economy



Yahoo Finance ran a video, "2020 hopefuls argue economy under Trump is not working for most Americans."

What was interesting was not a bunch of Democrats pushing socialism again, but how many readers pushed back.

Here were the top comments:
  • Gary: I am middle class and I did get much of a raise, but my 401k is up 25%. I will take that every year until I retire.
  • James: Liberals,socialist, Dumocrats, and the "fake news" main stream media are all pushing "doom and gloom" economy when if fact the US economy has never been better. Unemployment is at a 50 year low, wages for lower middle class are rising faster then inflation, small business are doing great now that Trump removed Obama's regulations, the US for the first time is energy independent, and the Stock Market is setting new records to help 401K's and IRA's. Thank you President Trump!
  • Jacob: Economy is not working for those who do not want to work. They can support Bernie Sanders or Elizabeth Warren for free stuff. My IRA account is doing great. That will pay for my retirement.
  • Paul: It's working GREAT for me! My IRA's, 401-K's, and mutual funds have never been better! Trump 2020. MAGA!
  • Socal: "2020 hopefuls argue the economy under Trump is not working for most Americans", Yeah those that are in prison, those that choose to remain unemployed, or those who demand $20 an hour minimum wage and free college for all.
  • Rob: The only bad part about this economy is trying to find a decent employee. I'm getting really tired of interviewing people.
And so on. I could not find one comment in the top 20 that agreed with the Democrats.

I can only conclude that Yahoo Finance readers probably prefer capitalism over communism.

But the best economy in a half-century -- since I was 16 -- is changing politics.

The Washington Times reported, "Former NFL player Jack Brewer once raised campaign money for President Obama, but now he’s among the increasing number of black voters who support President Trump.

"'There is an awakening going on right now in the country,' Mr. Brewer said of black voters who traditionally support Democrats. 'I’m going to take the guy who’s actually putting in the policies that are going to make life better for my young black son and my young black daughter, versus somebody who gives me lip service — like, unfortunately, the Democrats have done for our community for years.'

"Mr. Trump and his reelection team are aggressively courting black voters amid a strong economy that has reduced black unemployment to 5.5%, lowest in history. The Trump campaign launched its Black Voices for Trump coalition in Atlanta last month.

"'The Democrats have let you down,' Mr. Trump told black supporters at the time. 'They’ve dismissed you. They’ve hurt you. They’ve sabotaged you for far too long.'

"The campaign also has paid for full-page, full-color advertisements promoting Mr. Trump in 11 local black newspapers across the nation, and radio spots on urban radio stations nationwide.

"There’s some evidence that the president’s policies and campaign outreach are making inroads with black voters. Three polls in November showed Mr. Trump’s job-approval rating among black voters in the 30% to 35% range, a significant increase over other surveys that have generally shown black voter support of less than 10%."

@@@

It is the economy, isn't it? A job gives a man a dignity that government cannot provide. The lowest unemployment rate since the Beatles broke up is the most convincing argument to re-elect Donald John Trump as president.

Politico said upon passage of the tax cut two years ago, "President Donald Trump and congressional Republicans are about to own the U.S. economy in ways that could revive their party’s brand or make the next three years a political nightmare.

"The president and GOP leaders were all smiles on Wednesday, celebrating passage of a giant tax cut bill that will slash corporate rates and offer more limited relief to individuals. They are counting on the widely unpopular measure to produce a series of economic benefits including faster growth, fatter paychecks and a bigger, more productive labor force. And they believe it will bring an end to companies shifting profits and production offshore."

"'This is going to mean that companies are going to be coming back,' Trump said, as giddy Republicans beamed at him on the White House steps on a sunny December afternoon. 'We are making America great again.'

"Essentially, Republicans are betting they can take the fairly strong economy Trump inherited from President Barack Obama and fix the remaining broken parts which include a shrunken labor force, limited wage gains and stalled worker productivity.

"If they succeed, the GOP could start to reverse their big polling disadvantages in the 2018 midterm elections and set Trump up to win reelection in 2020 if he can somehow navigate the Russia investigations and avoid major foreign policy disasters.

"If they fail and the tax bill winds up doing what critics promise it will — driving up deficits and doing little for workers while putting lots of money in the pockets of the already rich — Democrats will be able to turn their current talking points on the tax bill into brutally effective political weapons for many years to come."

2 years later, Democrats trotted out their talking points.

And failed.

No Trump supporter is buying their class warfare, and many of their supporters are not buying it either.

Of course, Donald Trump took ownership of the economy the day after he was elected president. He did not take a vacation and chill until Inauguration Day because he is not a politician; he is a businessman. As such he is willing to put in 12-hour days, 6 days a week to build his business up.

And his business now is the United States of America.

Ira Stoll wrote, "The President doesn’t see the current national security landscape as particularly threatening to America, at least in comparison to the Cold War. The countries that others see as threats — Iran, North Korea — Mr. Trump kind of shrugs off, figuring that if he wants to, he could nuke them. One may disagree with that assessment, but that is how Mr. Trump sees it.

"Mr. Trump does see the world, and the current challenges and opportunities for America, more in economic terms. Perhaps it’s the result of a career that Mr. Trump spent trying to accumulate wealth and work his way up the Forbes magazine rich list, but Mr. Trump sees the world in terms of which country gets the most money. That explains all the time spent on negotiating trade agreements with Canada, Mexico, China, and Europe. Economic warfare, the President understands. He doesn’t just understand it, he cares about winning at it."

The disloyal opposition does not understand business at all. They see it merely as an ATM for taxes.

Obama in June 2016 said Donald Trump, a billionaire, did not understand how the economy works. Obama assured his flock that those manufacturing jobs lost to Red China are not coming back. He mocked Donald Trump's claim that he could bring those jobs back.

Obama said, "Well, how exactly are you going to do that? What exactly are you going to do? There’s no answer to it. He just says, 'Well, I’m going to negotiate a better deal.' Well, what, how exactly are you going to negotiate that? What magic wand do you have? And usually the answer is, he doesn’t have an answer."

But President Trump knows you cannot explain some things to a fool, and no president was as foolish as Obama.

When foolishness fails, you bring in a very stable genius. And we have.

I say to Yahoo Finance the reason "2020 hopefuls argue economy under Trump is not working for most Americans" is that this crew of Democrat losers know nothing about economics or the American people.

Post a Comment

0 Comments