Connect with us

Economy

As optics of shutdown were starting to tilt towards Trump, enter Wilbur Ross

Published

on

As optics of shutdown were starting to tilt towards Trump enter Wilbur Ross

There was always a risk of replacing The Swamp with members of the business elite. They’re out of touch with the plight of the common man. Arguably the most obvious example of this detachment from the “lower classes” is Secretary of Commerce Wilbur Ross.

The man that’s worth around $700 million doesn’t understand why government employees affected by the partial government shutdown are going to food banks and other poverty service providers when their pay is guaranteed. This guarantee can translate to bank or credit union loans to any federal employees in Ross’s mind.

“As I mentioned before, the obligations that they would undertake, say borrowing from a bank or a credit union, are in effect federally guaranteed,” Ross said on CNBC’s Squawk Box.

The Secretary also noted that the 800,000 affected federal employees only account for “a third of a percent of our GDP,” insinuating they were statistically insignificant in respects to the nation’s economy.

The last few days has seen a shift in sentiment about the shutdown. Throughout, the President has taken the bulk of the blame from the press and in the polls. But his nationally televised speech in which he offered to make a deal with Democrats and revelations that Democrats voted against paying the affected federal employees have improved their optics on the matter.

Wilbur Ross’s comments effectively negate any gains the President has made or ground the Democrats have lost recently in shutdown optics. It came across as pompous, out of touch, elitist, and dismissive.

Image Source: DonkeyHotey


NOQ Report Needs Your Help

Advertisement

0

Economy

Media isn’t reporting ‘bad economy’ – they’re hoping for it

Published

on

Media isnt reporting on bad economy - theyre hoping for it

The direct narrative legacy media is painting regarding President Trump is blatant and unambiguous. They want you to not only believe he is a racist, but most Republican lawmakers are also racist and anyone supporting them must be a racist as well. That’s their front-facing message as they attempt to push the 2020 election to the Democrats. But there are many associated narratives they’re also trying to drive, and none of them is more despicable than what they’re trying to do to the economy.

As we noted before, perceptions are the most power tool in helping or hurting the economy. When people believe things are good, they buy more and help to make it good. That’s an oversimplification of the complex nature of market and economic trends, but it holds true.

From now until the 2020 election, conservatives can expect an onslaught of negative news reports about the economy. Some will point to signs the economy is about to collapse. Eventually, they’ll shift gears to demonstrate how the economy is in the process of collapsing. Then, they’ll describe ways in which the economy has already collapsed. The more people they can make believe it’s true, the more likely it is that it will become a reality.

My colleague characterized it as a self-fulfilling prophecy, and that’s not inaccurate, but I think the better way to understand it is to realize in the post-truth society radical progressives want to build, they need the economy to collapse. They need capitalism to collapse. This isn’t so much an attempt to create a self-fulfilling prophecy as it is a stepping stone to the end goal of Modern Monetary Theory. That, more than anything else they’re proposing, is the most dangerous because it enables everything else.

But we’re not quite there yet, and MMT deserves a much longer analysis. For now, let’s take a look at a sampling of the narrative progressive legacy media is driving right now. Here’s a snapshot of the Google News “top stories” regarding the economy:

Media Trump Economy

Keep in mind, this isn’t a search for “Trump economy” or “coming economic collapse” or any doom-and-gloom keywords. This is the “full coverage” of our current economic situation, delivered in proper propaganda format by Google News.

The reality is the economy is still humming. Jobs are not hard to find, driving up wages and reducing unemployment. The stock market is strong. The dollar is strong, and while this may be hurting in the trade war with China, it’s giving Americans unprecedented purchasing power.

Getting word of reality out to the masses is the challenge with such an onslaught negative press against the economy. This is one of the reasons it is so important that crowdfunded conservative news outlets like NOQ Report receive as many donations from patriots as possible. Doing so is essentially like giving directly to the Trump reelection campaign because he needs truths like these promoted to voters. People are more inclined to believe what others are saying about issues than politicians, which is why we strongly encourage giving generously to NOQ Report.

The more the left builds the narrative that the economy is bad, the more likely it is the economy will have a downturn before the election. They’re lying now in hopes their lies become reality. We must adhere to the truth that the economy is strong.

We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.

American Conservative Movement

Continue Reading

Democrats

After ICE raids, Koch Foods has job fair, receives hundreds of applications

Published

on

After ICE raids Koch Foods has job fair receives hundreds of applications

The false narrative that illegal immigrants are the only people willing to do certain jobs was quickly debunked this week as Koch Foods held a job fair that garnered them hundreds of applications from people who are legally capable of working in the United States. Though they did not cite it as a reason, it’s clear the job fair was in response to over 200 of their employees apprehended during the ICE raid last week.

But even as they moved to get legal employees on board, they noted the strong economy has made it necessary to proactively seek qualified applicants.

Koch spokesman Jim Gilliand told the Associated Press, “In this environment of relative full employment, most businesses are looking for qualified applicants; Koch is no different.”

The company is requiring two forms of valid IDs for all prospective job seekers and is trying to eliminate loopholes in their E-Verify system.

After ICE Raids, US Citizens Flock To Jobs

The fair raked in 200 applications before noon, according to local media. The company says it will require applicants to present two forms of identification before being hired, according to CNN. MDES will also vet all Mississippi workers for legality using the state’s E-Verify system, according to USA Today.

Democrats like to point to racism as a motivation for deporting properly adjudicated illegal aliens set for removal, but the real racism is in denying American citizens, many of whom are minorities, the opportunity to support their families.

We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.

American Conservative Movement

Continue Reading

Economy

AP: Trump’s stance on Hong Kong shows his focus on China trade

Published

on

AP Trumps stance on Hong Kong shows his focus on China trade

Editor’s Note: This wire story does not necessarily reflect the opinions of NOQ Report or staff. It’s intended to relay news that is best relayed through the resources of the Associated Press, and while their tendency to editorialize news often taints their content, we are confident our readers can see through the deceptive techniques and garner insight into what’s actually happening in the world.

WASHINGTON (AP) — Rather than speak up strongly for the Hong Kong protesters, President Donald Trump on Thursday suggested the answer to their complaints of Chinese oppression is simply for Beijing’s “great leader,” Xi Jinping, to meet with them and peacefully sort out the unrest that has been decades in the making.

Trump’s comments were a far cry from the tougher stances taken by some fellow Republicans — and his predecessors in office — to stand with pro-democracy protesters during moments of unrest. His words are emblematic of a foreign policy approach that focuses narrowly on a trade deal with China, putting it above promoting American values.

Trump has fixated on the state of trade negotiations and at times has ignored the counsel of some of his most senior advisers to lower the temperature of the trade dispute with Beijing. Amid stock market volatility this week and talk of a looming recession, worries have grown within the West Wing that escalating trade tensions and tariffs could undermine Trump’s best argument for reelection — a strong U.S. economy.

In June, Trump indicated to Chinese President Xi on the sidelines of an international summit in Japan that he would not overtly criticize the Chinese government’s efforts to silence the protests in Hong Kong, according to two administration officials not authorized to speak publicly about private discussions. As the demonstrations ratcheted up this week, Trump stayed mostly quiet, referring to the moment as “the Hong Kong thing.”

As he has in the past, Trump retreated to the role of observer to an international crisis, chiming in on Twitter with reactions to what he saw on cable TV but not injecting the United States into the moment.

National Security Adviser John Bolton and economic and diplomatic aides have urged the White House to back the protesters.

The State Department on Wednesday expressed deep concern about reports of Chinese paramilitary movement near the Hong Kong border and offered a measure of support for the protests, saying they “reflect the sentiment of Hongkongers and their broad and legitimate concerns about the erosion of Hong Kong’s autonomy.”

The top Democrat and Republican on the House Foreign Affairs Committee jointly placed the blame squarely on Beijing and recalled the violent crackdown on Tiananmen Square demonstrators in 1989.

“We are concerned that China would consider again brutally putting down peaceful protests,” said the statement Wednesday by Reps Eliot Engel of New York, the committee chairman, and Michael McCaul of Texas, the ranking Republican. “We urge China to avoid making such a mistake, which would be met with universal condemnation and swift consequences.”

Other Republicans have spoken out, including House Minority Leader Kevin McCarthy, hitting the notes usually associated with a president:

“To the thousands of young people in Hong Kong who are speaking UP for human rights and speaking OUT against the Communist Party of China: we see you waving the American flag, and we hear you singing our national anthem,” McCarthy tweeted this week. “America stands for freedom. America stands with Hong Kong.”

Trump took a more active role Thursday — but in an appeal to Xi, whom he has repeatedly flattered and was careful not to criticize. In a tweet, he urged Xi to meet with the protesters to deliver “a happy and enlightened ending to the Hong Kong problem.”

Meanwhile, the United States and China appear no closer to a trade deal. Despite Trump’s claims to the contrary, the pain of the tariffs is being felt by American consumers and businesses, and forcing companies, when possible, to reconfigure their global supply chains.

And the talk of recession, perhaps arriving just months before Americans decide if Trump will get a second term, is worrying his advisers. They’re concerned that a slowing economy could cause the campaign to shed voters who were willing to give him a pass on some his incendiary policies and rhetoric because the economy has been doing well.

Trump, in an interview Thursday with a New Hampshire radio station ahead of a rally in the state, blamed, as usual, any economic sluggishness on his predecessors and on the Federal Reserve for keeping interest rates too high. But he also defended his approach to handling China and dismissed the recent stock market tumble.

“We had a couple of bad days, but we’re going to have some very good days ’cause we had to take on China,” the president said. “It should have been done by Obama and Bush and everybody else. It should have been done long before I came along. But I’m the one that gets stuck with it and I’m the one that’s going to do it.”

“China, frankly, would love to make a deal,” he continued. “And it’s got to be a deal on proper terms. It’s got to be a deal, frankly, on our terms.”

Trump’s quiet approach on Hong Kong should not be a surprise. He has repeatedly deprioritized human rights in American diplomacy, from talks with North Korea and Saudi Arabia to China. And he has publicly refused to weigh in on the heavy-handed actions of other nations as he espouses a foreign policy more focused on a narrow view of sovereignty and national interest.

The president has repeatedly praised strongmen like leaders in Russia and Turkey for their control over their people and has turned authoritarian tendencies into a punch line.

___

AP Diplomatic writer Matthew Lee contributed to this report.

We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.

American Conservative Movement

Continue Reading

Facebook

Trending