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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

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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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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Economy

The Republican Party showed its true stripes and proved David Leach right all along

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Republicans can avert a shutdown if they turn the narrative

Over the recent years, the Republican Party told us that they needed control of the House. We gave them the House. Then they said we can’t do enough, we need the Senate. We gave them the Senate. Then they said we can’t do enough, we need the White House. We gave them the White House, even if it’s not the guy they really want. But now I turn on the cable news shows and they now say they just have a thin majority.

Can’t the Republican Party make some kind of stand for little “r” republicanism? Can’t it make a stand for conservatism? Can’t it make a statement for liberty and freedom? Can’t it make a statement for private property rights? Now it needs a greater majority that is basically mission impossible, especially in the Senate.

The Republicans overwhelmingly have decided to pass the omnibus bill which was put together by mostly progressive thinking lobbyists. Granted military spending will be increased but so will the Democrats beloved welfare programs which they have used to buy votes and gain more and more power. It will also fund Planned Parenthood which in spite of shining a light on shady dealings of fetal parts, getting abortions for underage girls under the table, or not really investing in pap smears or mammograms as it will continue to keep its bread and butter of pre-born baby murder going strong. I really believe that many politicians in both parties benefit from abortion due to the fact they seek constant sexual flings with just about any women who work under them as these young ladies try to move ahead in their careers.

The Democrat leaders Nancy Pelosi and Chuck Schumer (his pet projects will be funded) are so happy with this bill cause they know it’s only going to benefit Washington and the Democrat Party.

For all the faults Rand Paul has, including his support of Mitch McConnell’s last election campaign, I have to give him credit for speaking out against this current omnibus spending bill. It seems that if the Democrats want to spend more of the taxpayers’ money it is wrong. If the Republicans want to spend more money, than its OK…but it should not be OK.

Sadly conservatives who have not read Pastor Cary Gordon’s book A Storm A Message A Bottle http://cornerstoneworld.org/a_storm_a_message_a_bottle or watched his series of animated videos Five Steps to Political Epiphany. http://stepstopoliticalepiphany.com/ They will protest the election by sitting out the election, instead of using their write-in blank or third-party options since Duverger’s law forbids this. Meanwhile, President Trump might go down in history as the bigger spender than Barack Obama.

We can’t any longer tolerate any more excuses. Regardless if the Democratic left is in the majority or the minority they seem to have the power in the elected branches of government. They have the power in other areas of government no matter what. We can learn one thing from Bible Believing Christians when they start a new denomination when breaking away from a bigger one. They break away because the establishment in the old denomination they are breaking away from does not repent of their apostasy (while claiming new truths). They try and they try, but like the American Gladiator event Pyramid they just knock you down to the bottom time and again. The only thing you can do is to let them go their way and let the denomination implode as they try to prevent themselves from being corrupted. It proves Jesus that you can’t put new wine into old sheepskins. We must do the same thing and try to build a new political party that can replace the Republican Party. The Grand Old Party is not what it used to be.

Mr. President, you made a choice and that choice was to sign the bill and take what you can get. Conservatives like myself, Steve Deace and Mark Levin, would call this a betrayal of conservatism. Either you are naive and/or a fool about politics, or a true charlatan, or something in between. All I can say to you is only “proved” that Benjamin Wilhelm and David Leach correct, and it will show in this midterm election. You screwed the pooch just as the Republican Party elite has done many times before, and the Democrats wildest dreams are coming true. Your likely impeachment, single-party rule, making America a new Soviet Union or some kind of socialist experiment, and the Democrats desire to become Demi-Gods.

Your own words you said on TV so many times are coming back right at you like a boomerang…”You’re Fired.”

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