economic growth

Conservatives Kill Tesla’s Federal Subsidy, But Democrat States Continue Elon’s Gravy Train

President Trump heroically told Pelosi that he wouldn't sign the tax extender bill if it included the Tesla subsidy. And the Speaker folded. However, it appears Democrats at the state level will continue Elon Musk’s taxpayer gravy train, because California, Nevada and New York are still subsidizing Tesla to the tune of hundreds of millions of dollars.

Trump Going Into 2020 Election: Promises Kept And Results Achieved

President Trump has fulfilled or is making significant progress on most of his 2016 campaign promises, but more important than the promises are the results: More than 7 million jobs have been added to the economy, more job openings than unemployed Americans and wages are growing at their fastest rate in a decade, to name but a few of those listed in today's article.

2020 Starting With Great News On The Economy

“It’s gonna be a boom year in 2020 for the American economy. I’m looking at growth closer to three percent to two percent. I’m looking at the Dow well over 30,000, I predicted that several months ago that if we got USMCA and interest rates down then we’d get over 30,000. It’s gonna be a great year for America,” predicts Assistant to President Donald Trump and Director of the Office of Trade and Manufacturing Policy Peter Navarro.

Democrats peddle doom, but the middle class never had it so good

Stephen Moore, Washington Times

For all of the constant talk about stagnant wages for the middle class since the 1970s, the average middle income household today has access to technology, entertainment, household appliances and health care that even rich people couldn’t buy in the 1960s. The folks at The Heritage Foundation have found that even poor families today are more likely to have access to things like air conditioning, dishwashers, televisions and lap top computers than middle class families did 50 years ago. These are the dividends from our free market capitalist economy.  Yes, of course, I know money can’t buy love or happiness. But let’s face it. More money is a lot better than too little. Prosperity is a wonderful thing.

Good Economic News Missing From The MSM Again

The U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter and the number of Americans filing applications for unemployment benefits unexpectedly fell last week, hitting their lowest level in seven months, indicating the labor market remains solid.

Here are Four Pieces of Great News for America and President Trump

Bryan Preston, PJ Media

Thanks to the noise of the Democrats’ divisive and destructive impeachment drive, hardly anyone is noticing just how good we have it right now. We’re in a Golden Age. Here are four pieces of great news that benefit all Americans. Unemployment. Unemployment stands at a historic low – just 3.6%. Affordable Energ. What’s driving the low unemployment? Two things come readily to mind: attitude and policy. The United States is now the world’s top energy producer and a net petroleum exporter for the first time in about 70 years. Violent Crime Is Down. Here’s something else good that we’re not hearing about. Violent crime rates are down. We’re Defeating Terrorism. Also falling is transnational terrorism. The enemy are reduced to the dregs of recruitment.

What the Presidential Candidates Are Missing: Economic Growth

Stephen Moore, Washington Times

I've yet to hear an impassioned plea for faster growth from Democrats. Many of the candidates -- including Sens. Elizabeth Warren, Kamala Harris and Bernie Sanders -- seem far more designed to reduce "inequality" or hand out free things to voters rather than expanding the economy. The policy ideas would divide the pie differently, rather than expand the size of the pie for everyone. So much for the JFK idea of a "rising tide lifting all boats." Economic growth should be a universal and undisputed goal, regardless of political party or ideology. With spending discipline, we can and will grow our way out of the debt crisis.

Trump's Conservative Policies Launch Boom For Middle America

Stephen Moore’s recent Wall Street Journal column clearly refutes the charge by Democrats that only millionaires and billionaires have benefited from President Trump’s economic policies. But it is also a devastating indictment of the Bush and Obama policies which resulted in nearly two decades of lost economic progress for Middle America.

Is the Fed Meddling in Our Elections?

The Federal Reserve isn’t the only Deep State institution that would like to affect the 2020 election in opposition to President Trump – Silicon Valley comes quickly to mind as an equally malign influence – however, as our friend Dr. Ron Paul observed in a recent  column, they are not a state within a state in the same way that the Federal Reserve is.

Economic Reality Matters More Than Spin

Scott Rasmussen, Creators

44% believe that firms in their area are more likely to be hiring than laying people off. Just 20% believe those firms are more likely to be laying people off. What people experience in their daily lives matters far more than media coverage. People who work for companies that are hiring people and growing tend to be more optimistic about the economy. Pessimism is more common among those who see colleagues being laid off. It's obviously true that media coverage can have a short-term impact on economic perceptions. The bigger story is that reality matters more than talking points.

Media Talking The Economy Into A Recession To Defeat Trump

From our perspective we think Ainsley Earhardt of Fox and Friends had it right when she laid the blame for the growing talk of an economic recession on the media's attitude against Trump. “They do not want him to win again and they don’t like that the economy is doing well, apparently," said Ms. Earhardt.

Sending an SOS to the Federal Reserve

Stephen Moore, CNS News

If the world wants more dollars, the Fed must supply them. When commodities rise back to the level they were at a year ago, the Fed can stop cutting rates. We are more than a little troubled by some Fed members' declarations that real growth of 2 percent in America is not possible without higher rates of inflation. This is "secular stagnation" nonsense. We find it amazing that our businessman-president has more monetary street smarts than the combined wisdom of the several hundred economists at the Fed, many of whom boast Ivy League Ph.D.s. Yes, the Fed should remain politically independent, but when the president is right, the Fed should listen to him.

More Bad News For Democrats – Record Employment In All Demographics

Democrat presidential candidates, such as Sen. Kamala Harris, Beto O’Rourke, Sen. Elizabeth Warren and Socialist Sen. Bernie Sanders are all lying about the economy. The reality is, not only are a record number of people employed, with fewer working a second job, hourly wages for production and nonsupervisory workers have risen 11% increase since Trump took office.

The Federal Reserve's Tortured Logic

Stephen Moore, CNS News

Yes, the Fed should cut rates now — and it should have done so months ago — because prices are falling in many sectors. Better late than never. There is no sign of inflation anywhere in the economy today. Trump is right to try to drain the Fed board of economists who are still peddling dead Keynesian ideas about money. Sound money and a stable dollar on top of the prosperity-enhancing effects of deregulation and tax cuts can give us 3% to 4% growth with no inflation for as far as the eye can see. Just what is Jerome Powell so afraid of?

ICYMI: April’s Great Economic News

Not that we believe in or promote “conspiracy theories,” you know, like the one that the Trump campaign was spied upon by a corrupt Obama-era FBI and intelligence apparatus. But there is one conspiracy we are convinced exits, and that is that the establishment media refuses to report good economic news.

Amid good news, can Democrats talk down the economy?

Byron York, Washington Examiner

In that rather ironic scenario, a good Trump economy could give voters the freedom to focus on things they don't like about the president. In any event, Trump's job will be to convince voters not only that his economic policies are working, but that Democratic proposals such as the Green New Deal, Medicare for All, tuition-free college, and more would destroy the economy that has gone well during the early Trump years. So far, despite all the pessimistic talk, that's not a hard argument to make. And if the indicators hold up, the president will hold a strong hand, whatever his real or perceived liabilities, in November 2020.

Work Hard, Play By The Rules, And Be Hated By Liberals

Kurt Schlichter, Townhall

Here’s a fun test, a little mental exercise for those of you so unwoke that you don’t get that the leftist objective is your enslavement (meaning your utter obedience to the ruling class and the total forfeiture of your right to participate in your own governance) and/or your death (whether through the fine grinding of time, fellow boomers, or through more proactive means on softball fields and elsewhere – it’s all good as long as you’re gone): Look at the 672,451 Democrats running for the chance to be crushed next year by Donald “3.2% GDP/3.8% Unemployment” Trump and see if you can find a single policy, position or promise from any of them that increases either your prosperity or your liberty.

Trump Deserves More Credit than He Gets for the Economy, but He Hasn't Done Enough

David P. Goldman, PJ Media

President Trump had a good first two years where the economy is concerned, and deserves the country's gratitude. But the failure of large corporations to increase productivity-enhancing investment will contribute to a much slower rate of growth in 2019. I support the president and I want him to succeed, but I don't think the tools he has chosen will get the results he wants. On the contrary, the trade war is hurting the U.S. economy, and serves as a distraction from the greater tech war, which isn't going well.

Did Trump Lock-Up 2020 In One Speech?

President Trump correctly identified the issues at bar in 2020 as the American dream versus the socialist nightmare. Democrats are already helping President Trump put their socialism on trial by embracing socialist candidates,  and by ratcheting-up the socialist rhetoric. It is up to us conservatives to make sure Trump obtains the conviction.

Media Ignores Great Economic News… Again

Inflation-adjusted disposable income rose 4.2 percent, last quarter, and America’s working families are seeing a continued gain in their disposable income, and thus a continued improvement in their quality of life. This is not only good news for America’s working families, it is good political news for President Trump, which is probably why it was buried by the establishment news media.