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Trump promotes himself and his make-believe economy at Ohio rally

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Trump promotes himself and his make-believe economy at Ohio rally

Trump attended a rally in Ohio this past weekend to support Troy Balderson for Congress talk about himself ahead of the last special election for Congress before November. The vacant seat Troy Balderson hopes to win has been held by the GOP since the 1980’s, and he’s in danger of losing it.

As is always the case when speaking to his cultish followers, Trump regurgitated a list of “look at me” talking points used since the beginning of his 2016 campaign. Trump repeated his “Fake News” spiel as he praised Trump Pravda (FOX News) while criticizing unfavorable news coverage from other media. At one point, Trump referred to networks such as MSNBC as elite, but then seized the mantle of elitism as his own, apparently unaware that elitism isn’t considered a virtuous trait for a president to possess.

“They’re more elite than me? I have better everything than they have, including this,” Trump said while pointing to his head.

After bragging about Supreme Court nominee Brett Kavanaugh, Trump used the nomination to brag about his own popularity with Democrats and the “nice things” they say about him.

“A couple of them compare me to some of the greats. They talk about Abe Lincoln, Honest Ave. I tell the people it’s wonderful that they’re saying nice things, but they’re never going to give us the vote.”

Trump also renewed his “seriously low IQ person” attack on Rep. Maxine Watters and, of course, he continued his attacks on the Mueller investigation.

But then Trump suddenly remembered why he was in Ohio, so he returned to supporting Balderson using GOP talking points about how he needed more Republicans to keep the economy going. But alas, once again the focus returned to Trump as he went off script to make a host of bloviating claims about how his administration brought us “the greatest economy in the history of our country.”

Back in Washington, Trump renewed his bogus claims about the economy in a tweet yesterday:

Despite his claims to the contrary, Trump’s economy misses the mark when it comes to being the best ever.

In May, unemployment “dropped” to around 3.9 percent. But as I reported at the time, that number is was created using the same rigged methods used by Obama where the government simply stops counting people once they stop looking for work or drop out of the workforce. Under Trump, the labor-participation rate has continued to fall which is the reason why unemployment went down.

Additionally, hourly wages have barely kept up with inflation, rising 2.7 percent (they grew at five percent in the 1990’s), and GDP is averaging a little over two percent (we had five percent growth in the 1960’s and early 1970’s).

Clearly, Trump’s economy is not the best ever.

Trump and the GOP claim that their economic policies are working and that only by voting Republican can we keep the economy strong. Unfortunately, trade wars, excessive government spending, and made-up economic data proves that their claim is nothing but an election-year lie designed to hide the truth that Trump’s economy is no better than Obama’s.

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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Economy

The 1751 machine that made everything

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The 1751 machine that made everything

A short video on how technological innovation born of economic liberty has changed the world.

History is more than dates, places and battles. In many instances it’s technological advances that change the world for the betterment of all mankind. In this case it’s the story of French inventor Jacques de Vaucanson and his creation in France of the first all metal slide rest lathe, the forerunner to all modern machine tools in 1751.

Lathes had been around for centuries, but lacked the precision with hand held cutting tools. The slide rest of the Vaucanson metal lathe that provided the control to produce metal part of exacting dimensions. The lathe is said to be able to produce every other machine and machine tool. This advancement changed everything.

The producer of the video references a profound chart of World Population GCP and per Capita GCP 1 –2008 AD from data of the late Angus Maddison, similar to this produced by the  Visual Capitalist, we credit them for the chart and commentary:
Image Credit: Visual Capitalist

 

For thousands of years, economic progress was largely linear and linked to population growth. Without machines or technological innovations, one person could only produce so much with their time and resources.

More recently, innovations in technology and energy allowed the “hockey stick” effect to come into play.

The video was produced by Machine Thinking last year.

While some may quibble about which particular machine produced this miracle The larger point is that the machines of the industrial age profoundly changed what people could produce.

As the video noted the average person in 1600 was no better off economically than someone thousands of years earlier. This is what is called the Malthusian trap and for seven thousand years, it was inescapable no matter what we did.

Machine tools such as this changed all of that, one person could produce what had taken many. This surplus could outpace births, allowing the economy to grow at an incredible pace as seen in the chart. All from the genius of the mind undergirded by the Economic liberty of the free-enterprise system. This is why this is vastly superior to the societal slavery of socialism.

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Economy

Colion Noir: Exposing the under the table business of homelessness in San Francisco

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Colion Noir Exposing the under the table business of homelessness in San Francisco

Anyone who has walked the streets of San Francisco in the last few years was likely shocked. Unless they came from Seattle or a similar city in which homelessness and drug abuse are rampant on the downtown streets, it was likely a wake up call to anyone seeing how big the problems have become.

For a city with such extreme wealth and both historically and thanks to the Silicon Valley boom, it can be perplexing to witness how little is done to help those who need it so desperately. As we noted before, for some reason San Francisco is so “woke” yet so blind at the same time.

This video by Colion Noir exposes the ugly truth about San Francisco, that no matter how much money is pumped in by tax payers, the hyper-leftist radical progressive government that runs the city is incapable of solving these problems. It’s noteworthy that some of the people Noir talked to called for less government, including one gentleman who believed anarchy was the only thing that can solve the problem completely.

Yes, the city that is known for imposing the largest amounts and most obtuse overreaches of government is the city that seems to be imploding despite an overabundance of tax dollars flowing in. If there is any better testament to the failures that would befall the entire country if socialism is ever implemented more than it already is today, I’m unaware of what city that could be.

San Francisco is a disaster, yet they continue to depend on progressive leadership to somehow fix what they’ve continuously broken for decades.

Not only is the cover up intentional, as Colion Noir concluded, but the system that keeps homelessness and drug abuse prevalent on the streets is intentional. Dealing with poverty for San Francisco’s bourgeoisie is a political industry.

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Economy

Washington has America standing on the precipice of a fiscal abyss

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Washington has America standing on the precipice of a fiscal abyss

Yesterday was Tax Day, an annual reminder that our tax-and-spend government continues to get taxier and spendier.

Fox News is reporting that Donald Trump will be holding campaign events across the country this week to do some damage control in the wake of his unpopular tax cuts, but the destruction being caused by Washington’s spending addiction should be the real headline for Tax Day 2019.

Although, to be fair, many faux conservative media sources have their hands full right now pushing McConnell’s “vote Republican because #notSocialist” 2020 campaign rhetoric, so we shouldn’t be surprised if they’re too busy to be bothered with something as petty as the inevitable bankruptcy of America.

In a report issued last week by the Government Accountability Office titled “The Nation’s Fiscal Health: Action is Needed to Address the Federal Government’s Fiscal Future,” we were provided with an update on the nation’s fiscal health at the end of FY 2018 and what lies ahead if fiscal policy isn’t changed.

Some of the findings included in the report are:

  • The federal government’s current fiscal path is unsustainable
  • The federal deficit increased to $779 billion — and will reach $1 trillion in the next few years for the first time since 2012
  • Publicly held debt was 78% of GDP at the end of FY 2018 and will surpass its historical high of 106% within 13 to 20 years — sooner than projected last year
  • Other agencies join GAO in saying that the longer action is delayed, the greater and more drastic the changes will have to be

Graphic shows 4 projections of debt increasing

Alexis de Tocqueville, the French legal and political scholar, politician, and historian who is most known as the author of the book Democracy in America (pub 1835 – 1840), has been attributed for this quote: “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”

Whether these are the words of de Tocqueville or not is irrelevant. The reality is they are 100% true as we are witnessing in Washington today.

With Republicans and Democrats always in election-season mode, policies are decided based on how they affect political parties instead of America’s needs. This has given birth to finding new and better ways for them to buy votes, and it’s why we’re seeing Democrats promoting socialist ideas like Medicare for all, paid family leave, and the Green New Deal heading into 2020.

However, despite claims to the contrary, Trump and the GOP are actively pursuing the same socialist programs as they join the Democrats in a scramble to find ways to buy votes.

After decades of taxing and spending, growing the federal government, and pursuing a socialist Utopia, America finds herself on the precipice of a financial abyss with little reason to hope the unibrow party in Washington will save her. In fact, they’re likely to push her over the edge … if it means they can get a vote out of it.

Originally posted on StridentConservative.com.

 


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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Get this story in front of tens of thousands of patriots who need to see it. For every $30 you donate here, this story will be broadcast to an addition 7000 Americans or more. If you’d prefer to use PayPal, please email me at jdrucker@reagan.com and let me know which post you want boosted after you donate through PayPal.

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