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Economy

Mark Meadows’ and Freedom Caucus’ fake concern over budget deficit

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Mark Meadows and Freedom Caucus fake concern over budget deficit

According to Donald Trump, there might be a government shutdown on Saturday when the current debt ceiling Band-Aid created by Trump, Chuck Schumer and Nancy Pelosi expires.

Wouldn’t that be great?

Ironically, Trump claims that the possible shutdown is due to his agreement with “Chuck and Nancy,” specifically the part that deals with DACA, which Democrats want fixed as a condition to pass any legislation to keep the government open. This is an empty accusation on Trump’s part when you consider that he, McConnell and Ryan are onboard with Democrats concerning DACA.

Besides, Mickey has already guaranteed that there will be no shutdown for this or any other reason. Additionally, he promised to save DACA in exchange for Sen. Jeff Flake’s vote on the GOP’s TRINO tax bill.

Passage of the debt ceiling deal negotiated between Trump and the Democrats—along with the passage of a $4 trillion budget resolution in October used by the GOP as a launch pad for advancing tax reform—would not have been possible without a betrayal of conservative values by the House Freedom Caucus. This group of approximately 50 members within the House of Representatives claim to be committed to the concept of “open, accountable and limited government.”

But as we witnessed by their support of big budgets and fake tax reform, the Freedom Caucus cares very little about spending and the deficit, especially when there’s an election just around the corner.

When asked about the trillions of dollars in new deficit spending that will result from the budget and tax reform bills, Freedom Caucus Chairman Mark Meadows dismissed the matter, saying that the bills were “the only thing (he) could get through the GOP-led Senate.” Meadows also stated in another interview that it was more important to “get things done” than to hold out for “politics for usual” by insisting that conservative concerns with the budget be addressed.

Having caved to the GOP establishment and its supporters, Meadows is once again donning his “Mr. Conservative” cap now that the dust has settled on his previous capitulations. Believe it or not, Meadows now claims to be concerned about the exploding deficit that he and other Freedom Caucus members voted in favor of just weeks ago.

Like I said, there’s an election just around the corner.

Originally posted on The Strident Conservative.

 

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David Leach is the owner of The Strident Conservative, your source for opinion that's politically-incorrect and always "right." His articles can also be found on RedState.com. His daily radio commentary is nationally syndicated with Salem Radio Network and can be heard on stations across America.

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Economy

Obamanomics damaged the economy, and Trumponomics isn’t fixing it

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While Trump and the GOP want you and me to believe that Trumponomics has singlehandedly saved the US economy by reducing taxes and creating jobs, the reality for those of us living in the real world is quite different.

It was Mark Twain who once said, “There are three kinds of lies: lies, damned lies, and statistics.” When it comes to politicians in an election year, Mr. Twain could have been describing the Washington establishment owned and operated by the Republicans and Democrats.

No doubt you’ve heard the much-ballyhooed news that unemployment has dropped to its lowest level since 2000, coming in at 3.9%. But just as it was when Obama manipulated unemployment numbers to cover his pathetic economic policies, this recent jobs report has been manipulated to hide the truth about our very unhealthy economy.

Unemployment numbers can change for any number of reasons:

  1. People move from the unemployed category into the employed category
  2. The number of employed grows faster than the number of unemployed
  3. You simply add people to the employed category without changing anyone’s status
  4. You simply stop counting people in the unemployed category, making them magically disappear

When we consider that the number of jobs added in April was 164,000 while the number of unemployed dropped by 239,000, we can conclude that reason #4 is how the latest unemployment rate was manipulated to make things look better than they really are. Unemployment went down because the labor-participation rate fell to 62.8 percent after being 63 percent in February and 62.9 percent in March. Three consecutive months of declines.

Quite simply, when you are no longer working or looking for work, the government no longer includes you as a part of the equation to calculate the unemployment report.

Meanwhile, Trumponomics is also creating a slower growth rate than Trump is claiming while his tax cuts and record government spendingdespite the recent rescission cuts—is creating another threat to the US economy, an apocalyptic debt spiral adding trillions to the already unsustainable national debt.

Obamanomics caused a great deal of damage to the US economy, but Trumponomics isn’t doing anything to repair it; in fact, Trump’s plan will likely destroy what’s left of it.


Originally posted on The Strident Conservative.

 

David Leach is the owner of The Strident Conservative. His daily radio commentary is distributed by the Salem Radio Network and is heard on stations across America.

Follow the Strident Conservative on Twitter and Facebook. Subscribe to receive podcasts of radio commentaries: iTunes | Stitcher | Tune In | RSS

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Democrats

Forget lowering unemployment, Bernie Sanders will eliminate it!

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During his 2016 Democrat primary campaign, Bernie Sanders was “absolutely sympathetic” to the idea of a universal basic income; however, he felt that his plans for a $15/hr. minimum wage, expanding Social Security to pay for guaranteed healthcare, and providing free college would do more than creating just another government handout.

But now Bernie has apparently found a way to accomplish his goals as well as the goals of the universal basic income crowd.
Yesterday, we learned that the self-proclaimed Democratic-Socialist is ready to announce a plan that will guarantee every American “who wants or needs one” a lifetime government job paying at least $15/hr. and proving paid family and medical leave plus retirement, health, and vacation benefits.

While the details are still being worked on, Bernie has admitted that he currently has no idea exactly how much his plan will cost or where the money to pay for it will come from. However, if his 2016 campaign is any indication, the cost will be irrelevant, and the money to pay for it will come from “the billionaires and oligarchs” he refers to as the “top one percent of income earners.”

While it would be tempting to shrug off Bernie’s plan as the rantings of a socialist loon living to the left of the left-wing, we should remember how his Marxist beliefs concerning income inequality caught fire with a generation of Constitutionally ignorant voters raised on the socialist ideology taught in today’s public schools indoctrination centers.

And a poll conducted during the 2016 primary season showed that a majority of millennials rejected capitalism.

Democrats would see a huge voter advantage by creating a new state-run workforce dependent upon them for their jobs. And politicians from both parties would have a new voter-bloc to advance their ideological and political agendas.

Bernie’s plan is being called a guaranteed-jobs program, but the only guarantee it gives us is the destruction of capitalism and Constitutional America.


Originally posted on The Strident Conservative.

 

David Leach is the owner of The Strident Conservative. His daily radio commentary is distributed by the Salem Radio Network and is heard on stations across America.

Follow the Strident Conservative on Twitter and Facebook. Subscribe to receive podcasts of radio commentaries: iTunes | Stitcher | Tune In | RSS

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Culture and Religion

PragerU: As the Rich Get Richer, the Poor Get Richer

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The rich are getting richer, and the poor are… also getting richer. What’s driving this wealth creation process? In this video, Daniel Hannan explains why it is capitalism — and capitalism alone — that has led to the unprecedented enrichment that is the central fact of Western life.

As the Rich Get Richer, the Poor Get Richer

Published: Apr 9, 2018

 

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