THE WALL STREET JOURNAL

The Biden ‘Family Legacy’

What we learned from the text messages of Hunter’s partner Tony Bobulinski.

The great Jackie Gleason once said, “The past remembers better than it lived.” And so it is, apparently, with the Obama years.

There was no economic “boom” as Joe Biden and Kamala Harris are misremembering. This was an economy that skidded into a financial ditch and seemingly never pulled out of it and got back on the prosperity hot lanes until Donald Trump won the election in November 2016.

You can mark the real recovery — an economic inflection point almost the day after that surprise election outcome.

Every liberal forecaster and most academic economists had guaranteed America that, if Trump were elected, the stock market would crash; workers would be flattened; and, as New York Times economist Paul Krugman famously predicted, the economy would “never” recover.

Instead, the Dow Jones Industrial Average soared by 257 points the morning after the election (that’s some crash), and it rose for the next three years, as it has again over the last several months. A few days after that election, small-business optimism surged by its most considerable amount ever measured, going back many decades. Family incomes surged to record-high levels in 2017, 2018 and 2019 as deregulation and tax cuts fueled a powerful engine. In three years, ordinary people had made more income gains than in eight years under the Obama-Biden administration.

But now we are being told a fairy tale that the Obama economy was booming and Biden miraculously fixed it and Trump “blew it.”

Here’s the reality check. Under Barack Obama, the economy barely grew 2% — rather pathetic for a “recovery.” The people who made the preposterous bullish claims that Obama saved the economy are the ones who now say the Biden economic plan will gain millions of jobs.

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saveourburbs.com/

www.magapill.com/

VIDEO   TARGETING THE SUBURBS – Federal control over the suburbs      MARK LEVIN  AND STANLEY KURTZ  – LIFE, LIBERTY AND LEVIN

The Biden Tax Hike Would Be Severe

If the Democrats sweep in November, make sure your lawyer and financial advisers are standing by.

By Philip DeMuth  Mr. DeMuth is author of “The Overtaxed Investor:  Slash You Tax Bill and Be a Tax Alpha Dog”

July 14, 2020

Complain if you must, but we live in a Golden Age of Taxes—the lowest rates we may see for decades. President Trump’s 2017 Tax Cuts and Jobs Act lowered rates, widened brackets and simplified preparation. Gazing toward the heavens, one can almost see the smiling face of Ronald Reagan beaming down. Yet like all Golden Ages, this one will end, and we already know the date: Dec. 31, 2025. Barring a miracle, that is when the tax cuts expire and President Obama’s American Taxpayer Relief Act of 2012 becomes the law of the land once more.

This is an incredibly shocking  video of a talk that Adam Andrzejewski, founder and CEO  of openthebooks.com  gave regarding waste, fraud, corruption and abuse in all levels of our  government at a Hillsdale College event .   He names all those that are involved in the abuse of our taxpayer money.   This is not a Republican or a Democrat issue as the corruption is widely spread  throughout  our government. If this level of corruption is allowed to continue, our country will be greatly damaged.   Please share with all your contacts.     Nancy

Adam Andrzejewski | The Depth of the Swamp

The Incompetence Party

The Democrats’ biggest problem isn’t Bernie Sanders. It’s that many voters doubt the party’s ability to govern anymore.

Now that Bernie Sanders—once an obscure socialist senator from Vermont—is officially the front-runner for the Democratic presidential nomination, it is time to confront what that means.

It does not mean the U.S. is flirting with socialism. That’s not going to happen. The meaning of Bernie’s ascent is that the Democratic Party, older even than he is, has simply run out of gas.

The Democrats resemble Europe’s aging political parties—Britain’s Labour, France’s Socialists, Germany’s Social Democrats and Christian Democrats. All have simply deflated with voters.

Signs of public fatigue with the Democrats could be seen in Iowa and New Hampshire.

Besides incompetence, the big story out of Iowa was low turnout. In New Hampshire the story was voter indecision. Once past Bernie’s 25% cement-block base, many voters were flipping a coin in the voting booth to pick from the other candidates.

What does it mean that Elizabeth Warren, by now a household name, got dropped to fourth place? Joe Biden’s humiliating fifth is a personal disaster, but what does that say about the party itself?

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Is Donald Trump ‘profoundly unconservative’?

No. It doesn’t match his shrinking regulations and limiting government

by Allan H. Ryskind   Allan H. Ryskind, a former editor and owner of Human Events, is the author of “Hollywood Traitors” (Regnery, 2015)

December 31, 2019

Prominent liberal Fareed Zakaria insists that Donald Trump “has been profoundly unconservative” because he’s abandoned what “Republicans used to call the core of their agenda — limited government.” But it’s hard to take the charge seriously, even though some conservatives have sent his piece around for comment to see if he’s onto something. Yet no politician in recent memory has restricted the reach of government at both the federal and state level more than the current occupant of the Oval Office.

Mr. Trump’s drastic shrinking of federal economic regulations, opening vast expanses of federal lands for energy exploration, drawing overseas businesses home with tax breaks and passing major tax cuts for corporations and individuals have generated an explosion of well-paying jobs, personal wealth and soaring wages, as well as the lowest level of unemployment for minorities on record. Some 7 million new jobs have been created during Mr. Trump’s presidency and more than 100 million American shareholders have watched the market jump 55 percent since his election.

You’d think Mr. Zakaria would be celebrating Mr. Trump’s low-tax, pro-growth economic agenda as not only core Republicanism but virtually Reaganesque. Increasing prosperity by stimulating market forces without enacting high taxes and big government programs is, of course, how conservatives try to keep government limited.

Mr. Zakaria concedes that Mr. Trump has delivered what conservatives have wanted in the realm of “social and cultural policy,” such as “appointing judges, tightening rules related to abortion and asylum, etc.” but suggests they have little to do with taming the Leviathan.

Really? Stacking the courts with judges steeped in the philosophy of federalism is, of course, precisely the way to limit government on both the economic and cultural fronts. Mr. Zakaria may ignore the threat, but Democratic Party presidential candidates, along with their media support groups, are panicked over the president’s court selections.

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Elizabeth Warren Has a Plan, Oh My

She may not win the nomination, but her ideas show where the American left wants to go