Archive for the ‘Economy’ Category

THE 2020 DEMOCRATS LACK HINDSIGHT – PEGGY NOONAN

Saturday, July 6th, 2019

 

The 2020 Democrats Lack Hindsight

They ignore reality and march in lockstep with their base. Did they learn anything from 2016?

By Peggy Noonan   June 28, 2019

I’ve received tens of thousands of letters and other communications from Trump supporters the past few years, some of which have sparked extended dialogues. Two I got after last week’s column struck me as pertinent to this moment, and they make insufficiently appreciated points.

A gentleman of early middle age in Kansas City wrote to say he’d sat out the 2016 election because he was dissatisfied with both parties. But now he’s for Donald Trump, and the reason “runs deeper than politics.”

America’s elites in politics, media and the academy have grown oblivious to “the average Joe’s intense disgust” at being morally instructed and “preached to.”

“Every day, Americans are told of the endless ways they are falling short. If we don’t show the ‘proper’ level of understanding according to a talking head, then we are surely racist. If we don’t embrace every sanitized PC talking point, then we must be heartless. If we have the audacity to speak our mind, then we are most definitely a bigot.” These accusations are relentless.

“We are jabbed like a boxer with no gloves on to defend us. And we are fed up. We are tired of being told we aren’t good enough.” He believes the American people are by nature kind and generous—“they would give you the shirt off their back if you were in trouble”—and that “in Donald Trump, voters found a massive sledgehammer that pulverizes the ridiculous notion that Americans aren’t good enough.” Mr. Trump doesn’t buy the guilt narrative.

“It’s surely not about the man at this point. It stopped being about Trump long ago. It is about that counter-punch that has been missing from our culture for far too long.”

The culture of accusation, he says, is breaking us apart.

A reader who grew up upper-middle-class in the South writes on the politics of the situation. His second wife, also a Southerner, grew up poor. She is a former waitress and bartender whose politics he characterizes as “pragmatic liberal.” They watched Mr. Trump’s 2015 announcement together, and he said to her, “He doesn’t have a chance.” She looked at him “with complete conviction” and said, “He’s going to win.”

As the campaign progressed, she never wavered. At the end, with the polls saying Hillary, “I asked my wife how she could be so certain Trump was going to win.” He found her response “astute and telling.”

“She told me, ‘He speaks my language, and there’s a lot more of me than there is of you.’ ”

I have to say after a week of reading such letters that emotionally this cycle feels like 2016 all over again. Various facts are changed (no Mrs. Clinton) but the same basic dynamic pertains—the two Americas talking past each other, the social and cultural resentments, the great estrangement. It’s four years later but we’re re-enacting the trauma of 2016.

And the Democrats again appear to be losing the thread.

They’ve spent the past few months giving the impression they are in a kind of passionate lockstep with a part of their base, the progressives, and detached from everyone else.

And in the debates they doubled down. Both nights had fizz. There was a lot of earnestness and different kinds of brightness.

But what Night One did was pick up the entire party and put it down outside the mainstream and apart from the center.

This is what the candidates said:

They are, functionally, in terms of the effects of their stands, for open borders.

They are in complete agreement with the abortion regime—no reservations or qualms, no sense of just or civilized limits.

They’re all in on identity politics. One candidate warned against denying federally funded abortions to “a trans female.”

Two said they would do away with all private health insurance.

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VIDEO US/CHINA TRADE “WAR” EXPLAINED

Thursday, June 20th, 2019

 

 

Lots of stories surround the tariff “war”. Trump realizes that China  is attempting to economically rule the world by 2025. Trump has no intention of allowing that to happen.
We have the capability to stop China from stealing technology and taking jobs from America. This details very clearly the ideology behind the tariffs and the tools we have to stop it.
VIDEO – US/CHINA TRADE WAR EXPLAINED – WHO NEEDS WHO?
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CAPITALISTIC AMERICA

Friday, May 17th, 2019

 

An excellent view of America by a 26 year old young lady from a Facebook post.    Well written thoughts.

I’m sitting in a small coffee shop near Nokomis trying to think of what to write about. I scroll through my newsfeed on my phone looking at the latest headlines of Democratic candidates calling for policies to ‘fix’ the so-called injustices of capitalism. I put my phone down and continued to look around. I see people talking freely, working on their MacBook’s, ordering food they get in an instant, seeing cars go by outside, and it dawned on me. We live in the most privileged time in the most prosperous nation and we’ve become completely blind to it. Vehicles, food, technology, freedom to associate with whom we choose. These things are so ingrained in our American way of life we don’t give them a second thought.

We are so well off here in the United States that our poverty line begins 31 times above the global average. Thirty. One. Times. Virtually no one in the United States is considered poor by global standards. Yet, in a time where we can order a product off Amazon with one click and have it at our doorstep the next day, we are unappreciative, unsatisfied, and ungrateful.

Our unappreciation is evident as the popularity of socialist policies among my generation continues to grow. Democratic Congresswoman Alexandria Ocasio-Cortez recently said to Newsweek talking about the millennial generation, “An entire generation, which is now becoming one of the largest electorates in America, came of age and never saw American prosperity.”

Never saw American prosperity. Let that sink in. When I first read that statement, I thought to myself, that was quite literally the most entitled and factually illiterate thing I’ve ever heard in my 26 years on this earth. Now, I’m not attributing Miss Ocasio-Cortez’s words to outright dishonesty. I do think she whole-heartedly believes the words she said to be true. Many young people agree with her, which is entirely misguided. My generation is being indoctrinated by a mainstream narrative to actually believe we have never seen prosperity. I know this first hand, I went to college, let’s just say I didn’t have the popular opinion, but I digress.

Let me lay down some universal truths really quick. The United States of America has lifted more people out of abject poverty, spread more freedom and democracy, and has created more innovation in technology and medicine than any other nation in human history. Not only that but our citizenry continually breaks world records with charitable donations, the rags to riches story is not only possible in America but not uncommon, we have the strongest purchasing power on earth, and we encompass 25% of the world?s GDP. The list goes on. However, these universal truths don?t matter. We are told that income inequality is an existential crisis (even though this is not an indicator of prosperity, some of the poorest countries in the world have low-income inequality), we are told that we are oppressed by capitalism (even though it?s brought about more freedom and wealth to the most people than any other system in world history), we are told that the only way we will acquire the benefits of true prosperity is through socialism and centralization of federal power (even though history has proven time and again this only brings tyranny and suffering).

 

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MY BRUSH WITH PERSONAL DESTRUCTION – STEPHEN MOORE

Sunday, May 5th, 2019

 

If I remember correctly, wasn’t the unsealing of Obama’s opponent’s divorce papers  in either his Illinois or  U.S. Senate race, lead to Obama’s  win over his opponent? Very  Interesting    The sad state of American politics of personal destruction as conducted by the Left.   Nancy
THE WALL STREET JOURNAL
MY BRUSH WITH PERSONAL DESTRUCTION
By Stephen Moore    Mr. Moore is a senior fellow at the Heritage Foundation and an economic consultant with FreedomWorks.  He was a senior economic adviser to the Trump campaign in 2016.
May 3, 2019

When President Trump asked me to serve as a member of the Federal Reserve Board, I was honored. I never imagined the storm that would follow. The left and the media instantly launched a relentless campaign against me. Last week a reporter who has covered the Fed for 30 years told me he’d never seen anything like it. On Thursday I reluctantly threw in the towel and asked the president not to nominate me.

I knew that many of my ideas on monetary policy were controversial and outside the box. That’s why the president picked me. My central argument is that economic growth does not cause inflation—an assault on the core belief of the Keynesian economists at the Fed, whose fear of supply-side growth has often misdirected monetary policy, most recently late last year. As someone who worked with Mr. Trump as a senior economic adviser to his campaign, I am thrilled that 3% to 4% growth with stable prices has been achieved, and I believe it can be sustained. I also believe the Fed should stop targeting interest rates and instead focus on a stable dollar by following commodity prices along with other inflation measures as a leading indicator of whether prices are rising or falling.

I was naive. I believed that to be confirmed I would simply need to defend these ideas and my free-market economic philosophy in general. I relished that debate, especially because so many of my harshest critics were completely wrong about the Trump economy.

A majority in the Senate viewed my economic-policy expertise favorably, and my confirmation seemed likely. It helped my case that I had been one of the most outspoken critics of the Fed in December, when it raised interest rates. After a 4,000-point collapse in the Dow Jones Industrial Average, Chairman Jerome Powell early this year backed away from future rate increases and disavowed his December statement that the Fed’s asset sales were on “autopilot.” The market and the economy sprang back to life.

What did me in was not my economic ideas but gutter campaign tactics and personal assaults. I’ve been called an adulterer, a misogynist, a tax cheat, a deadbeat dad, antigay and mentally unfit. A Washington Post editorial warned that I was a “dangerous” pick for the Fed, and a columnist said I could cause a “global financial calamity.” They must imagine I have superheroic powers of persuasion. If appointed, I would have been one of seven Fed governors.

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VIDEO – IS DENMARK A SOCIALIST COUNTRY? PRAGER U

Friday, April 26th, 2019

 

VIDEO – PRAGER U     IS DENMARK A SOCIALIST COUNTRY ?

Apr 22, 2019

1.2m

Socialism has failed across the world – from the Soviet Union and Eastern Europe to China, Vietnam, North Korea and, most recently, Venezuela. So now the left references countries like Denmark as “proof” that socialism works. Otto Brons-Petersen explains why they’re wrong: Denmark is just as capitalist as the United States.

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A TALE OF TWO MICHIGANS

Thursday, April 25th, 2019

 

Ever wonder why the Far Left Marxists continually attack religion, marriage and traditional values ?  These traditional values and institutions   are the glue that keeps communities healthy and prosperous.  Marxists  do not want healthy and happy communities.  They want desperate and unhappy people who will be drawn to their siren call of equality for all.     This is an interesting article that  draws a comparison between the prosperous Grand Rapids area of Michigan and the struggling Detroit and Flint, Michigan areas.   Nancy  

THE WASHINGTON EXAMINER

A tale of two Michigans

GRAND RAPIDS, Mich. — Grand Rapids and Detroit are at opposite ends of Michigan. While both cities and their broader environs have been tossed by the rises and falls of the automotive industry, the two ends of the state have generally moved in opposite directions. In the west, Grand Rapids and nearby Holland have thrived. In the east, Detroit and Flint have struggled. At the same time, the rural counties in central Michigan have collapsed, economically and socially.

Why the divergent paths?

If you’ve been to Rust Belt towns — maybe you covered Donald Trump’s 2016 campaign — you’ll be shocked as you drive around Holland and Grand Rapids. The downtowns are bustling. On the outskirts, you’ll find a small manufacturer around every turn. Grand Rapids’ unemployment has been below 4 percent for most of the past year, and it has been below 5 percent for most of the past 5 years. Holland hasn’t seen unemployment above 5 percent since mid-2014.

It’s not that they haven’t had their downturns. Western Michigan has a long reputation as a supplier for the automakers near Detroit. When GM bleeds, the pain is felt at both ends of I-96. But some places bounce back from economic body blows better than other places.

Imagine you’re a business owner in 1983 or 2009. You want to set up a business, and Michigan appeals to you for one reason or another. Statewide unemployment is around 15 percent. Economics would tell you that’s a good thing from the employer’s perspective: A greater supply of available labor means lower wages.

Obviously, employers have chosen Western Michigan over, say, Detroit or Mecosta County. Why?

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CONDITIONING THE MASSES TO AN EXTREME AGENDA

Thursday, April 4th, 2019

 

THE WASHINGTON TIMES
Conditioning the masses to an extreme agenda
By Monica Crowley   February 20, 2019

ANALYSIS/OPINION:

Socialist revolutionaries are usually in a hurry. They ram through radical political, economic and social change, lest progressivism’s march slows or halts completely.

At the same time, history has taught them that when moving against societies with durable and cherished traditions of liberty and free-market economics, they must first acclimate those publics to statist ideas before they can actualize them as policy. The revolutionaries’ desire for speed exists in constant tension with the need for gradual conditioning of the masses.

This is precisely the blueprint for today’s American socialists, who move with both a predictable urgency and calculated methodology as they try to steer the nation away from limited government, capitalism and individual liberty and toward centralized control, command economics and collectivism.

It was former President Barack Obama — not Sen. Bernie Sanders — who turned the Democratic Party into a vehicle for neo-socialism and made unadulterated leftists like Rep. Alexandria Ocasio-Cortez, New York Democrat, possible. Given his unique persona, Mr. Obama was able to cleverly disguise socialism as a hip, virtuous-sounding pragmatism, based on themes of equality and social justice.

He then used his considerable rhetorical gifts to sell longstanding progressive ambitions, from massive government spending and higher taxes to suffocating regulation, socialized medicine and government-subsidized unproven green energy projects.

None of these policies delivered on their false promises, but that was beside the point. The point was to get the American public habituated to the idea of mammoth redistributist policies.

The left relentlessly labors to move the Overton window so that what was once considered unthinkable becomes idealized and preferred, as do those who promote it. They intentionally tout the extreme in order to elicit thundering condemnation so they can then look “reasonable” by “settling” for some part of their original proposal. That, in turn, establishes a precedent for pushing forward until they achieve what was previously considered the extreme.

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BERNIE SANDERS – A COMMUNIST IN SHEEP’S CLOTHING

Tuesday, March 19th, 2019

 

Under no circumstances should Bernie Sanders ever become president of the United States.   It is more than alarming that so many people are attracted to his message .  Please share this article which lists his well documented radical background with  your email lists  Nancy
THE WASHINGTON TIMES
BERNIE’S RED BONA FIDES
The Vermont senator reveals his radical inclinations over and over again
By Robert Knight   February 24, 2019

So, it’s come to this: One of America’s major parties is in the grip of a crazy old communist — Bernie Sanders, 77 — and a crazy young communist — Alexandria Ocasio-Cortez, 29.

The two of them are driving the Democrats’ green microbus upon which the other presidential wannabes are scrambling to get aboard.

This column is about the crazy old communist — Vermont Sen. Sanders, who just announced his candidacy for the presidency and raised $6 million. He prefers the less scary term Democratic Socialist. But his Marxist economics, Marxist cultural activism and well-documented support for communist causes — such as Fidel Castro’s revolution in Cuba — speak volumes.

Quicker than you can say Joe McCarthy this will be dismissed as another Red Scare. But even though truth is not much of a defense in this fake news era, let’s look at Mr. Sanders‘ background, and you can make up your own mind.

At the University of Chicago, Mr. Sanders was a member of the Young People’s Socialist League. In 1963, he lived in Israel at Kibbutz Sha’ar Ha’amakim (KSH), which was co-founded by Aharon Cohen, who was arrested for spying for the Soviet Union in the 1950s.

According to Discoverthenetworks.org, “the founders of KSH referred to Joseph Stalin as the ‘Sun of the Nations,’ and a red flag was flown at outdoor events held at the kibbutz. Sanders stayed at KSH as a guest of the Zionist-Marxist youth movement Hashomer Hatzair (HH), which pledged its allegiance to the Soviet Union.”

HH founder Ya’akov Hazan lamented Soviet mass murderer Stalin’s death in 1953, saying, “His huge historical achievements will guide generations in their march towards the reign of socialism and communism the world over.”

In 1971, Mr. Sanders joined the Liberty Union Party (LUP), which called for a government takeover of all U.S. banks and private utility companies. In the mid-1970s, Mr. Sanders headed the American People’s History Society, which journalist Paul Sperry describes as “an organ for Marxist propaganda.”

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THE GREEN NEW DEAL’S IMPOSSIBLE ELECTRIC GRID

Monday, February 25th, 2019

 

THE WALL STREET JOURNAL

The Green New Deal’s Impossible Electric Grid

Renewable energy can’t consistently balance power supply with demand.

Feb. 21, 2019

The San Gorgonio Pass wind farm in Palm Springs, Calif., Jan. 6.
The San Gorgonio Pass wind farm in Palm Springs, Calif., Jan. 6. PHOTO: RUARIDH STEWART/ZUMA PRESS

The Democrats’ Green New Deal calls for a fully renewable electric power grid. Regardless of the economic or political challenges of bringing this about, it is likely technologically impossible.

An electric power grid involves second-by-second balancing between generated supply and consumer demand. In the case of a sudden imbalance—such as from the loss of a generator’s output—all the remaining generators on the grid instantaneously pool together. Each one pitches in a small part of the required power to make up for the lost generator fast enough to keep supply and demand balanced.

This doesn’t work for wind and solar because you can’t spontaneously increase wind or sunshine. Hydro power is limited and unevenly distributed around the country. And for safety reasons, nuclear power—even if the Green New Dealers accepted it—can’t be cranked up to neutralize imbalances. Nor can consumer demand be suddenly reduced enough.

Fossil-fuel turbines, by contrast, very naturally compensate for sudden supply outages. The inertia of the spinning mass of rotors provides the extra energy needed to compensate for the loss for the first few seconds. (Wind-rotor inertia is too short-lived.) Meanwhile the generators’ on-line reserve capacity kicks in, giving a rapid boost in power output to prevent the turbines from slowing down. That substitute power, called “governor response,” lasts as long as 15 minutes. During that time a single replacement generator ramps up to compensate entirely for the loss. All the turbines on the grid are thereby restored to their original speed, and the governor response is rearmed for the next disturbance.

An all-renewables grid would require prohibitively expensive battery storage to compensate for sudden power losses. Even with batteries, the lost power would have to be fed through “inverters”—a technology that converts variable-wind-speed alternating current, solar-power direct current, and battery-power direct-current into alternating current—to allow for synthetic inertia and governor response in the case of a disruption.

Opinion: The Green New Deal Gets a Senate Vote

Opinion: The Green New Deal Gets a Senate Vote
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VIDEO – WHY TRUMP WON PRAGER U

Wednesday, January 30th, 2019

 

VIDEO –  WHY TRUMP WON     PRAGER U
Were you shocked at the results of the 2016 American presidential election? Most people were, but Stephen Harper was not one of them. Here, the former Prime Minister of Canada explains the trends that foreshadowed Trump’s victory and left many political elites looking wildly out of touch.
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