Category Archives: Economy

No Infrastructure For You

Ever since President Carter’s creation of the Department of Energy in 1977, the purpose of which was to become energy independent.  It was a total failure. Not until 2019 in the Trump Administration did the country reach energy independence, where production exceeds consumption, for the first time in 62 years.

That was a time when the economy experienced an economic slowdown, gas prices were rising, gas stations were running out of gas, and the ones that had gas had lines going down the street. The Unites States was at the mercy of foreign countries for oil because we didn’t have enough supply of our own.  People referred to the economy back than as the Carter Malaise.  News organizations were polling and reporting what they called the “Misery Index” on a daily basis.

That President Trump could do this in only 3 years says a lot about the Washington insiders and bureaucrats that, by their actions, or in this case, in-action, could not do. The same politicians who go bonkers come election time, always wanting to spend (they call invest) billions and trillions of dollars in RBI, Roads, Bridges, and Infrastructure. (Joe Biden was in charge of doing just that under President Obama. Remember the “shovel ready” joke?) Should be obvious by now that they didn’t mean a word they said.

The irony in President Biden putting the kibosh on the most important infrastructure project in our time, that truly made us energy independent, somehow (not really) escapes notice in the media.

 

 

 

 

 

 

Biden hearts china

On his first day, President Biden put our nation at  unacceptable risk when he dealt a blow to the energy industry. The consequence of which means we will once again be dependent on petroleum from foreign and hostile countries. But in this case, it’s a Two-for. It also gives Canada a poke in the eye to their economy too. Brilliant geopolitical move by President Biden.

“Alberta Premier Jason Kenney said in a different statement that he urged Trudeau to tell Biden that “rescinding the Keystone XL border crossing permit would damage the Canada-US bilateral relationship.”

To refresh your memory, Under President Jimmy Carter, The ‘Department of Energy’ was instituted on August 4, 1977. Its purpose was to lessen U.S. dependence on foreign oil. During Carter’s malaise there were long lines for gas at the gas stations. Prices were high.

Today, and for a few years, China owns and or operates both sides of the Suez Canal and the Panama Canal.  Given the cozy relationship the Biden family has with Communist China, I’m sure Joe doesn’t see how that could be a problem.

So what difference at this point does it make? It doesn’t take a genius to see the consequences of such a move, given the ever increasing presence and pressure from China wanting to rule the world.

The United States is the largest user of the canal; the second-largest is China. Approximately 60 percent of all the cargo that passes through the Panama Canal either originates in or is destined for the United States.

Losing thousands of good paying and mostly union jobs, and an industry, while making us vulnerable to Communist China, is not looking out for America and our interests. 

So whenever China wanted, they can choke the U.S. right out of product, including fuel. The alternate route is around South America. But Hunter is doing OK, and the environmentalist wackos are celebrating. Biden family first, America Last.

Links: With a pen stroke, President Joe Biden cancels Keystone XL pipeline project   |  Commentary: Expansion of the Panama Canal benefits global trade  |  Canada pleads case for controversial Keystone oil pipeline with Biden administration

Great week for trump

  • Economy humming
  • ISIS wiped out in Syria
  • Recognition of Israel’s territory and sovereignty
  • Mueller investigation confirms that Trump beat Hillary Clinton fair and square

He summed it up precisely. It was “an illegal takedown that failed.”

Now maybe the DOJ will, for the first time, take an objective look into how it all began? An equal system of justice demands nothing less.

Link: Trump on Mueller Probe: “This Was An Illegal Takedown That Failed”

Democrats And The Wall

Democrats say that a border wall won’t work, and is a waste of taxpayer money. They can’t know that because we’ve never had one. $5 billion the President is asking for is too much money? Yet they have no problem paying $113 billion A YEAR, and growing, to support illegal aliens already here.

And that doesn’t count the social cost of murders, robberies, kidnapping, human trafficking, and drugs they bring with them. 

No, their priority is not public safety or fiscal responsibility. Their priority two-fold. Resisting whatever Trump wants to do, and political power to the exclusion of about half the country.

Dems Playing With A Losing Hand

So what are Democrats running on this election season? It isn’t “For the People.” Remember that? It’s Medicare For All. In other words, full blown socialized medicine at the expense of the economy, senior citizens, and everyone else.

That they chose a proven loser of an issue to run on, aside from Trump is the Devil, shows that their party is lost to the lunatic Left. Deaf and blind to the economy, employment, unemployment, your kids’ education, your safety, and our nation’s sovereignty.

The consequences of (God forbid) a Democrat majority in DC, will not only halt, but reverse the progress made since the Obama administration expired.  And, will turn the country into something resembling Venezuela. 

Curious how Democrats can, with a straight face, campaign on killing the economy and, fundamentally change America. “But everybody, including illegal aliens, will have ‘free’ health care. It’s a human right,” don’t you know?

It’s also curious how the same party, dishonest as it is, has not tried to claim credit for any of the progress in the short time President Trump has been in office. That trial balloon was when Obama took credit for the Trump economy. Then burst.

In the spirit of Halloween, Seema Verma, Administrator for the Centers for Medicare & Medicaid Services (CMS) tweeted this. “This year’s scariest Halloween costume goes to…

No excuse for sitting this one out. Too much is at stake. It’s all at stake. Two words, Vote Republican. The Democrats are playing with a losing hand.

aSide Order

One of the Wizards of Smart

 

Democratic Party depends on a Dependent Class

And it all began with President Lyndon Johnson over the Civil Rights Act of 1964. His focus then was to try to stop the mass exodus of Black Americans moving to the Republican Party.

Showing a little R E S P E C T

The British Army’s Household Division play Aretha Franklin’s ‘Respect’ at Buckingham Palace on the day of the Queen of Soul’s funeral.

 

More Jobs Than People Looking

Since the Trump Administration began, 15 months ago, the economy is growing, companies are expanding, some moving back from abroad. On the labor side, unemployment has been dropping for the last fifteen  months. Now at 3.8 percent.  It’s all good. And, all the result of unleashing the economic engine that had been ignored for too long.

Remember what the unemployment rate was after Obama’s “stimulus” spending? There were two of them. It’s only relevant to mention Obama to understand the impact that government regulations, including taxes, have on the economy. Obama did it the classic, well post Kennedy, Democratic way of using the tax code and other regulations (including minimum wages) to “manage” the private sector. You lived the results.

Trump did it the free market capitalistic way. Minimizing taxes and regulations. And literally turning the economy loose.

What happened is that, as of the end of April, there are 6.7 million job openings according to the Bureau of Labor Statistics. And over the 12 months ending in April, hires totaled 66.1 million and
separations totaled 63.7 million, yielding a net employment gain of 2.4 million. And, as of April, the total workers looking and eligible for jobs fell to 6.35 million, a decrease from 6.58 million the previous month. There are 350,000 more jobs than people looking for them.

A free market economy is self-regulating when given the chance. And when given a chance, it will decide the right wage for a given job. Not the government.

With more jobs than people looking to fill them, you will see “Help Wanted” signs on store fronts. You’ll see “Now Hiring” on the back of tractor trailers on the Interstates. And you will also see employers competing for employees by paying higher wages. Economic supply and demand at work. Not a raving Marxist calling for a mandatory living wage.

Veto It

I hope the President vetoes that crazy Omnibus spending spree.

The Republican leadership in Congress has just made history. They’ve spent more borrowed money in one year, and grew the government more, than President Obama. Adding to the generational theft he built. These are the same republicans that campaigned on smaller government.

The establishment is so against their apple cart being overturned that they are proposing a budget that, aside from the 10% increase in military spending, represents nothing of what Trump wants. Certainly nothing that the people who voted for Trump want.

How does this make any sense? Forget the excuse that “you need 60 votes.” Seems to me Democrats got everything they wanted. And there’s only 49 of them. They stay united. Their republican counterparts don’t.

Seems to me this bill is designed to separate Trump from his supporters. And it would start at the mid-terms. Losing Republican seats will speed up the ‘impeach Trump’ movement among Democrats. Game over.

Domestically, this bill is probably the biggest test for Trump  so far. This is a battle in the war between the Establishment and Trump. It’s not D’s v R’s. And Trump needs to veto it. To save America’s future, as well as his own political future. Call out the R’s who voted for it, and suggest voters choose a republican who will help him advance the agenda he campaigned, and campaigns, on. His supporters will stick with him if he does.

Budget Buster

Did you vote for a trillion-dollar budget deficit, while the national debt is over 21 trillion now?  Did you expect that your tax dollars would be given to abortion provider Planned Parenthood again?

There’s no cutting back of anything in this sorry excuse for a budget. This has a 10 percent INCREASE in size in every department. It looks like to get a 10% increase in military budget, Trump had to expand it to the whole government. There’s little there that represents fiscal sense, let alone fiscal conservatism. Dems get what they want, including a bailout to insurance companies for the failure of Obamacare to work. And, barring military readiness, R’s don’t.

If that’s how it’s going to be this year, it better not be the same story next year. The size and direction that the national debt is going, is just as much a “national security” factor as anything else that can affect the nation!

And for that real “deer in the headlights” look, ask your representative the effects to the national debt as interest rates rise back to “normal” market pressures, as opposed to FED’s manipulation.

Links: Lawmakers quibble over details of $1.3T US spending bill  |  Planned Parenthood’s Taxpayer Funding Safe Under Spending Deal  |  Interest and Debt

SF Bay Area Mass Exodus

People are leaving California at a record rate. By all accounts, the high cost of living tops the list. High taxes, fees, and housing cost have become too much for poor and middle class to handle anywhere near the major cities.

For example, the demand for U-Haul trucks leaving is greater than arriving. In San Francisco, it is $3000 for a 1-way to Dallas. And $1000 for a 1-way from Dallas to San Francisco.

Less talked about is the position California has taken on illegal immigration. San Francisco is a Sanctuary City. California has declared itself a Sanctuary State. Drawing the attention of the Dept. of Justice and AG Jeff Sessions filing suit against State officials.

Aside from the high cost of living, safety becomes an issue particular to sanctuary cities. Safety of the citizens that is. More and more people have had enough of it, and leaving.

The homelessness in San Francisco is so bad, there is an online map that shows people where the human waste is. Places a tourist might want to avoid. The admin says the map is to call attention to the homeless problem. He sure did, but not in the way he intended.

To where are Californians fleeing? Most are going to right to work states with no income tax. Texas. Florida.

Link: San Francisco Bay Area Experiences Mass Exodus Of Residents  |  California has worst ‘quality of life’ in US, study says