What is trumpf up to ?

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jwilkerson
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Re: What is trumpf up to ?

#1591 Post by jwilkerson » Sun Sep 08, 2019 7:07 pm

Oh my ... poor ole muc rats ... :(

... The new jobs report is in and the verdict is clear — no one should believe a single word the Democrats say about the economy.

According to the Bureau of Labor Statistics (BLS), the number of people employed in August increased by a very impressive 590,000, pushing total employment to a record-high of nearly 157.9 million. The percentage of the population that was employed rose to 60.9 percent, the highest percentage since December 2008.


As a result, despite over 570,000 people joining the labor force, the unemployment rate held at 3.7 percent, near a 50-year low. Unemployment among African Americans and Hispanics also hit all-time lows last month, proving that the ongoing economic boom is still creating unprecedented opportunity for all U.S. workers.

Average hourly earnings increased at a healthy clip as well, growing by 3.2 percent since last August. It was the 13th month in a row that wages increased by at least 3 percent year over year. That’s tremendous news for American workers. Prior to this streak, wages last increased at least 3 percent in April of 2009.


With more money in their pockets, consumers are spending. Keep in mind, consumer spending accounted for 68 percent of U.S. GDP in 2018. The imminent recession that Democrats keep predicting requires two consecutive quarters of negative GDP growth. With more people working, making more money, and taking home more of what they earn, it’s no surprise that in the second quarter of this year consumer spending increased 4.7 percent, the biggest quarterly increase since 2014 and the second biggest since 2003. Consumer spending surged again in July, a preliminary indication of third quarter economic strength.

Those are great results in any context, but the magnitude and durability of this economic expansion is especially remarkable in light of the gloomy economic consensus that existed before President Trump took office — during what even Obama economist Larry Summers referred to as "the age of secular stagnation."

Just before the 2016 presidential election, when President Obama’s economic defeatism was still the order of the day, the Congressional Budget Office 10-year economic projections predicted the economy would add about 2 million new jobs from the end of 2016 through the end of 2019. Thanks to the shift to a common-sense, pro-growth agenda, however, we’ve actually gained an impressive 6.1 million new jobs since end of 2016 — more than 2 million in just the last 12 months, including 130,000 new jobs in August.

How have we emerged from the age of secular stagnation? The Trump administration made it easier for businesses to hire and invest by slashing hundreds of job-killing regulations that had stifled entrepreneurialism and by reducing corporate taxes to a level that encourages businesses to invest in America creating more jobs, more competition for employees, increased wages and broad based prosperity.

Regrettably, there are some who still refuse to give President Trump the credit he deserves for rebuilding our economic engine. Many point to the current trade war with China as slowing business investment. This may be slowing what would otherwise be more impressive economic growth, but slower growth is still growth and far different than recession. The President is taking a stand against China’s unfair and criminal trade practices that other presidents should have taken 30 years ago. He is acting for American’s future as opposed to political gain today. He deserves our support. Nonetheless, the fact that his opponents are critical of his actions is no surprise.

Since his very first day in office, the Democrat-media complex has made it their mission to discredit President Trump in anticipation of the next presidential election — even when that meant actively rooting for a recession. In recent weeks, the mainstream media have been making daily predictions of economic catastrophe, with a telling focus on whether it will occur in time for the election.

Just days ahead of the August jobs report, CNBC published an article digesting "a list of recession signals that are flashing red." A few weeks earlier, The New York Times published an entire article speculating about "how the recession of 2020 could happen," despite acknowledging that we “may well avoid one for the foreseeable future."

Sadly for Democrats and the media, the August jobs report offered confirmation that the U.S. economy is not going to cooperate with their political strategy. Whichever far-left extremist the Democrats nominate to run in 2020 will have to contend with the daunting prospect of running against an incumbent president who can justifiably claim credit for an economy that put real dollars in voters wallets — as they head to the polls ...
https://www.foxnews.com/opinion/andy-pu ... ng-economy
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Re: What is trumpf up to ?

#1592 Post by Mac » Tue Sep 10, 2019 12:08 pm

Bolton is out.
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Re: What is trumpf up to ?

#1593 Post by chijohnaok » Tue Sep 10, 2019 12:09 pm

Mac snuck in ahead of me....:

https://www.cnbc.com/2019/09/10/trump-s ... olton.html
Trump says he fired national security advisor John Bolton

PUBLISHED MOMENTS AGO
Dan Mangan
@_DANMANGAN
KEY POINTS
  • President Donald Trump on Tuesday said he had fired national security advisor John Bolton, saying he had “disagreed strongly with many of his suggestions.”

    “I informed John Bolton last night that his services are no longer needed at the White House. I disagreed strongly with many of his suggestions, as did others in the Administration, and therefore I asked John for his resignation, which was given to me this morning,” Trump said in a tweet.
President Donald Trump on Tuesday said he had fired national security advisor John Bolton, saying he had “disagreed strongly with many of his suggestions.”

“I informed John Bolton last night that his services are no longer needed at the White House. I disagreed strongly with many of his suggestions, as did others in the Administration, and therefore I asked John for his resignation, which was given to me this morning,” Trump said in a tweet.

“I thank John very much for his service. I will be naming a new National Security Advisor next week.


Donald J. Trump

@realDonaldTrump
· 5m
I informed John Bolton last night that his services are no longer needed at the White House. I disagreed strongly with many of his suggestions, as did others in the Administration, and therefore....


Donald J. Trump

@realDonaldTrump
....I asked John for his resignation, which was given to me this morning. I thank John very much for his service. I will be naming a new National Security Advisor next week.

4,600
11:58 AM - Sep 10, 2019
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Re: What is trumpf up to ?

#1594 Post by nero » Tue Sep 10, 2019 12:15 pm

Trump got fed up with the walrus mustache. :lol:

The thing to worry is that Bolton represented kind of of reason in the Trump administration. :roll:

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Re: What is trumpf up to ?

#1595 Post by chijohnaok » Tue Sep 10, 2019 12:25 pm

From Wikipedia:
Bolton is a foreign policy hawk and is an advocate for regime change in Iran, Syria, Libya, Venezuela, Cuba, Yemen and North Korea.[17][18] He has also repeatedly called for the termination of the Iran nuclear deal. He was an advocate of the Iraq War and continues to support the decision to invade Iraq.[19] He has continuously supported military action and regime change in Syria, Libya, and Iran.
Right, John Bolton, the "voice of reason" :roll:

There has probably never been a conflict in which John Bolton did not advocate for regime change or military intervention.

While Bolton is the type of guy you might want around to 'scare' off some countries who are thinking of crossing the United States, he would not be the final authority that I would go to when making a foreign policy decision.
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Re: What is trumpf up to ?

#1596 Post by jack t ripper » Tue Sep 10, 2019 12:41 pm

Bolton is definitely a "regime change" guy. Trump is not. Evidently, Bolton did not get the memo. :lol:

I think it's clear. With Trump you make your position known. If you lose the debate it's over. you don't relitigate it and you don't undermine. You do what you are told. Pompeo clearly has it figured out.


I loved Bolton as UN ambassador. He offended the crap out of everyone. This is the highest purpose of the US Ambassador to the UN..to dish out shit in return.
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Re: What is trumpf up to ?

#1597 Post by Lava » Tue Sep 10, 2019 12:42 pm

Bolton was a credible "stick" as opposed to Trump's "carrot." Having "war mongers" around you makes it easy for feerinors to believe he will punch them in the nose if they don't tone shit down or come to the negotiation table.

Guess he didn't understand his "real" job (to intimidate) and probably over stepped.
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Re: What is trumpf up to ?

#1598 Post by jwilkerson » Tue Sep 10, 2019 12:57 pm

I spent 16 years in big company corporate management ... and I've seen CEOs throw plenty of people out for what I thought were minor disagreements. But I also defended my corner ... with logic and numbers ... and while I got screamed at a few times ... my numbers (cost/benefit analysis for short) must have always made sense ... 'cause I never got the boot over performance. My endings were all caused by mergers ... where director level folks are the second bunch to go (the "C" people in the acquired company are first .. basically the "chop off the heads" idea). If you had a contrary opinion ... you could fly it ... in the appropriate setting ... as long as you could back it up with logic and numbers (mostly numbers). But, once a decision was made, you had to support it. And I always followed that rule and never had a problem. I expect trumpf operates the same way ... it may not seem like it from out here, but we have no idea what goes on behind the doors ...
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Re: What is trumpf up to ?

#1599 Post by Lava » Tue Sep 10, 2019 2:04 pm

NEWS FLASH!

Now Bolton is saying that he quit and was not asked to resign.

How petty folks have become.
"In this present crisis, Government is not the solution to our problem; Government is the problem." - Ronald Reagan

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Re: What is trumpf up to ?

#1600 Post by chijohnaok » Tue Sep 10, 2019 2:12 pm



Maybe Trump is a Bad Breaker Upper?
The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.
- misattributed to Alexis De Tocqueville

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