Trumponomics vindicates TKC 1101

TKC 1101, you were right.   You have been consistently correct on the American economy.   I have enjoyed your anecdotal approach to the underlying economy, the bottom-up view that told us that President Trump was on the right track to put America back to work and make America great again.   The gang of smart people at BallDiamondBall are similarly vindicated.

You are going to enjoy this article, even though you have to go to National Review to read it.  Deroy Murdoch has a great article up, titled “Obama Didn’t Build That.”   D. Murdoch uses a few good illustrations to completely dismantle Obama’s efforts to take credit for the Trump economy.

Murdoch’s illustrations come from a White House press conference that was held on September 10.  Sarah H. Sanders hosted while Kevin Hassett spoke.   K. Hassett is the Chairman of the White House Council of Economic Advisers.   I will provide links in the comments.

The Trump economy rocks.

Naysayers

I had a good laugh listening to NPR’s “Marketplace” coverage of the stock market highs.   They tried to look past all those bright thick silver linings to find little patches of dark cloud that they could focus on.   Other NPR shows have been very similar for many months.   They try so earnestly to let us know that most of the news is bad if you just know where to look.   They have to look really hard, and they can generally find some metrics that are not much different than they were under Obamanomics.   I enjoy the transparency of their frustration.   But “Marketplace” had me howling as they explained that other markets are down while ours is up, tried to brush it off, and then admitted that they are perplexed that, considering the international trade war, global investors are betting on Trump and America.

Here is an excerpt from the Politico, who seem to be cheering for a “Blue Wave” in November:

Hassett denied his appearance was prompted by a Friday speech in which Obama said, “When you hear how great the economy’s doing right now, let’s just remember when this recovery started.” The current economic expansion began in mid-2009, six months into Obama’s first term.

Trump replied shortly afterward at an appearance in Fargo, N.D.: “He was trying to take credit for this incredible thing that’s happening. … It wasn’t him.”

The dispute goes to the heart of Trump’s arguments this fall. Facing ugly projections for a GOP rout, the president is trying to persuade voters to stick with Republicans by arguing they’ve delivered an economic turnaround. But many major gauges on economic growth and job growth were just as strong during parts of the Obama years, even without Trump‘s deregulation and deficit-boosting tax cuts.

“One of the hypotheses that’s been floating around,” Hassett said in the briefing, “is that the strong economy that we’re seeing is just a continuation of recent trends.” But “economic historians will 100 percent accept the fact that there was an inflection at the election of Donald Trump, and that a whole bunch of data items started heading north.”

 

TKC 1101

TKC 1101 has been bringing us an occasional cheery message from his experiences as a business consultant.   He anticipated the trend, spotted early signs, and has kept us posted with updates.   I really enjoy those posts.   Thank you for the encouragement.

My own experience is in a sector that lags the general economy.   The vibe has been positive for months, and it is beginning to show up in terms of real work.

Go, Trump, go !

MAGA


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How News Should Sound

“This is how the news should sound.”   That is the introduction to a new radio news talk show that I have been hearing on NPR.   The name of the show is “The Daily.”   It is a real howler.   It both gives me great laughs and raises my blood pressure.   It is anti-Trump, anti-conservative, anti-Republican Leftism brought to you with all the outragey feels you want when you are nostalgic for the pepper-spray whiff of street demonstrations.

“The Daily, with Michael Barbaro” is a production of the New York Times.   The broadcasts are available as podcasts.  They are a parody of themselves.   They are short (22-minutes) and focus on a single issue each episode.  Sometimes they do a series of two or three episodes.   I have listened to all the usual Leftist bilge.   What gives the laughs is the hushed tones and atmospheric music (violins swells in a minor key to let you know that you are about to hear the latest real outragey dirt on Trump).   They whisper the introductions to experts who pontificate about how awful the Trump Administration is.   They whip up sympathies with sob stories from the most appealing of illegal immigrants.   They really like to interview minor officials from the Obama Administration who now have impressive-sounding titles at Leftist think tanks.

In addition to yelling at my car radio about how selective and dishonest this material is, I get a kick out of how seriously they take themselves.   Last week I laughed and laughed while listening to an activist lawyer describe peeking through the windows at an office building in Phoenix that previously had been used by ICE as a temporary holding facility for minor children who were awaiting transportation one way or the other.   Bear in mind that ICE had moved out several days before our intrepid activist found the site.   She described her tears as she looked in through a window and saw an empty carton of baby formula sitting on the otherwise empty floor.   Her emotional distress over the plight of those beautiful babies was the focus of several minutes in the short broadcast.   Then they noted that ICE had not used it as an overnight facility, but was simply a processing/transfer point where the kids were only there for a couple of hours.   Her tears of distress prompted my tears of laughter.   They were really playing their audience, pushing hard on emotional buttons.   It was an overreach that was such a grasping at staws that I found it laughable.

You really ought to sample this some time.   The hushed tones and mood music accents are over the top.

It is time to brush off last year’s letter to my congressman and write again to request that he work to repeal the Public Broadcasting Act.


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cheap metals

A couple of months ago, when President Trump first began threatening tariffs to make our international trading more fair to U.S. businesses, I posted about listening to NPR coverage of the hog crisis.

There must have been a crisis; I heard a vignette on every news show on NPR about pork production.  They spent two weeks focused on hog farmers.  We must have heard an interview with every hog farmer in America who was willing to say something critical about the proposed tariffs.  Of course, NPR kept making the point that the farm community had voted overwhelmingly for President Trump, and they repeatedly implied that President Trump was betraying the people who had voted for him.

Over the past three weeks I have heard a similar focus from NPR.  I think I may have heard every small business in America that uses steel in manufactured products.  They speak critically about how tariffs might harm their businesses.  NPR spins this into an anti-Trump campaign.

For the past couple of days the story about steel changed slightly.  Now I keep hearing different Europeans and Europhiles declaiming how the tariffs recently announced by Team Trump are “unjustified” and “illegal.”

At least, on NPR, their long format means that eventually you will learn something useful.  I heard a particular interview with a U.N. spokeslady.  She explained just how it is that the proposed tariffs are considered illegal.  President Trump says that a healthy metals production capability is needed in America for national security reasons.  She says that this is not true, because America can always import all the metals we need from our friends and allies such as Canada or the Europeans.  The fact that American metals production industries are getting killed by unfair foreign subsidies to metals producers should be of no concern.  And, the tariffs are being put forward under a provision of international trade law that invokes national security.  So we should just relax, let our metals production businesses fail, and go forward in reliance on our friends and allies in Europe and Canada.

Thanks to NPR for that clarification.  Now I understand why these tariffs are so desperately needed.

Go, Trump, go.  Do not trust our “friends and allies.”  Make America strong again.

MAGA.


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Is this all there is?

I laughed at this.  Leftists at NPR are beginning to realize that there was no collusion between Donald J. Trump and the Russians to influence the election of 2016.   This distresses them.   They still give a lot of time to their wishful thinking, but there are glimpses that enlighten and amuse.

Are all the facts in this case all the facts there ever will be?

Because for all the contacts that Democrats deem “collusion” and Republicans call merely “ill-advised,” nothing has emerged that everyone can agree is a smoking gun. And it’s possible that barring a major bombshell, no such new evidence ever could bring both sides to that consensus given how deeply partisan the Russia saga has become.

That would be good news for Trump. The other good news for him this week was that not only the House intelligence committee has concluded its Russia investigation, his allies will continue to pursue what it calls the “biased” Justice Department and FBI.

Lawmakers received another batch of text messages exchanged between two FBI officials who’ve embarrassed the bureau with their criticisms of Trump and their connections to former Director James Comey, who was fired by President Trump, and former Deputy Director Andrew McCabe, who was fired by Attorney General Jeff Sessions.

This has proven a fertile line of advance for the president’s allies and lately, it has yielded bigger news than anything in the “collusion” line.

HAR Har Har hardy har har hoo hoo hoo hooey.

Make America Great Again.

https://www.npr.org/2018/04/28/606568624/the-russia-investigations-the-house-intel-committee-duels-over-evidence-again

 

 

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Hog production crisis

There is a crisis, right?

There must be.  Every news report on NPR this week, and I mean every one, morning and evening, has featured a very long feature about the plight of poor pig farmers.  They are in crisis.  Their profits are down, prices are down, their outlook is down.  The poor, poor hog farmers are sorely oppressed.

They are being oppressed by President Trump.  He is mean; he is brutal.  He is waging war against the downtrodden stalwart hog farmers.

This week on NPR was all hog farmer all the time.

Now, I am sympathetic to the hog farmer, but you had to go elsewhere to learn that the U.S. is second to Germany in pork exports to China, and that per capita consumption of pork products has been growing at over six percent per year in China this decade.

And perhaps it informs any conversation on the topic of the economics of pork to recall that the price of corn (a common foodstuff for pig farmers) is inflated by government subsidies of ethanol.   And NPR has a reputation for diving into the details of complexities, and so they have, if you listened very carefully.  They did advise that pork exports to China amount to nearly 11 % of pork exports, but they did not report that this is a recent high mark.

The casual listener would be excused for coming away from this series with only one lesson.  “President Trump has been callous to his agricultural base and is being mean to American farmers with his stupid tariffs on aluminum and steel, which cause American producers of swine products to suffer.”

 


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New Leftist attack on the NRA

Brought to us via a George Soros project, of course.   The newspaper that soiled my driveway this morning held a gloating article from the USA Today Network about all sorts of big companies severing ties (loose ones at that) with the NRA.   I had heard NPR gloating over it on Friday:

As a groundswell grows against the National Rifle Association in the aftermath of last week’s school massacre in Parkland, Fla., several businesses say they are ending their partnerships with the gun advocacy group.

The brands — ranging from insurance companies to airlines to rental car agencies — announced their decisions on social media, many apparently in direct response to tweets demanding change under the trending hashtag #boycottNRA.

Activists are seeking to name and shame business affiliates of the group.

This was kicked off by ThinkProgress, a Soros-funded Leftist webzine.   Going after corporations with connections to the target is what Big Gay did to the Boy Scouts of America.

I want everyone who is not a Leftist to know what is going on.   If you have any influence with the companies who are severing ties with the NRA, or even if you are just willing to put a note on their facebook page, it would be good to see some push-back.

This could become serious.  Here is what the Washington Post had to say:

But the boycott inspired by the Florida shooting massacre has stalled at the first stronghold of resistance: None of the video-streaming giants, Apple, Google’s YouTube, or Amazon (the company’s founder, Jeffrey P. Bezos, owns the The Washington Post) have acknowledged a petition and viral demands to take NRA videos offline.

If they do, and the world’s largest tech corporations effectively declare the NRA a pariah, boycotters have proposed plans to advance on the gun rights group’s power centers: its political capital and massive funding, which for decades have made the NRA one of the most feared lobbies in the United States.

 


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