economic growth

Is The Fed Trying To Tank The Trump Economy Before The Midterms?

The Federal Reserve has raised rates recently and expects to do so again soon. Translation for those not aligned with the Wall Street – Washington – Silicon Valley Axis: The Fed wants to stifle your wage growth and job mobility by establishing a so-called neutral level that neither spurs nor slows economic growth.

This economy is definitely not Obama’s recovery

Stephen Moore, New York Post

One time during the campaign, Larry Kudlow, Steve Miller and I held an impromptu discussion with Trump about economic strategy. Miller summarized the game plan to Trump succinctly: “Donald, just look at all the things that Obama has done on the economy over the past eight years, and then do just the opposite.” Trump has done pretty much just that — which explains why the Trump boom is an everyday reminder of the Obamanomics failure.

Federal Reserve Steps On Trump Economic Boom… Again

President Trump campaigned on policies that would boost the economy to 4 percent – or greater – growth. Now, just when America’s hard-pressed middle-income families are beginning to see the benefits of Trump’s policies, is not the time for the Fed to cool the economy.

Will The Fed Stomp On The Trump Economic Boom Right Before The Midterm Election?

An increase In the Fed interest rate could trigger a jump in unemployment claims and a drop in the stock market right before the election, quashing the efforts of the GOP to expand their majority in the Senate and hold or expand their majority in the House by campaigning on the booming economy.

Trump’s GDP achieves Mission Impossible (and shocks his critics)

Newt Gingrich, Fox News

It seems President Trump has once again achieved the impossible. As it turns out, despite refrains from the elites in the media and establishment, the self-made billionaire who now leads our country knows quite a bit about creating a healthy economy. The president’s massive deregulation effort, his success in cutting taxes on individuals and businesses, and his plan to renegotiate our international trade agreements have started to pay dividends.

Trump's economic boom

Stephen Moore, Washington Times

In the years before the election of 2016 about 3 of 10 voters described the economy as good or great. This year 7 in 10 do. That surge in optimism began immediately after Mr. Trump’s election and hasn’t subsided. (See chart.) The same trend is true for small and manufacturing business confidence. Up, up and away. Perhaps the best news of all is to think that maybe Mr. Trump’s critics are right and that the economic thrust from the tax cut hasn’t even kicked in yet. If that’s true, then buckle up, because we’re in for a heck of a ride.

Elites Value Mellifluous Illegality over Crass Lawfulness

Victor Davis Hanson, National Review

Both our media and popular culture, as well as our cultural elite, value style far more than substance. Adroitly breaking the law is preferable to obeying it in uncivilized fashion. Boorishly bragging nonstop about 3 percent economic growth and below-4-percent unemployment is deemed far worse than contextualizing in professorial tones a stagnant economy that in eight years never achieved 3 percent annual growth. The façade of Camelot exempts empty lawlessness in a way that Queens-accented boosterism seems to nullify real achievement.

Boom — jobs aplenty as economy steams ahead

Editors, Washington Examiner

The economy is seeing the sort of improved prosperity that had been absent for so long, that many people assumed sluggish and depressing advances were the new normal. Republicans, neither the majority in Congress nor the president, actually create jobs. That's the natural task of the private sector. But both deserve credit for creating the right circumstances for businesses to flourish. Washington has at last gotten out of the way, at least to some extent.

The Mojo of Trumponomics

Stephen Moore, Investor's Business Daily

One of the key principles of Trumponomics is that faster economic growth can help solve a multitude of other social and economic problems, from poverty to inner-city decline to lowering the national debt. No one thought that Trump could ramp up the growth rate to 3 percent or that his policies would boost federal revenues. But he is doing just that -- which is why all that the Democrats and the media want to talk about these days is Russia and Stormy Daniels.

No, Hillary Clinton: It's the Red States That Are Dynamic

Stephen Moore, CNS News

Getting these statistics right — about where the growth and dynamism is really happening in America — is important because if we want to be a prosperous nation, we need to learn what works and what doesn't. We need national economic policies that have been shown to work at the state level. Trump wants to make America look like Florida and Tennessee. Clinton wanted to make America look more like Illinois and Connecticut. Maybe that's the real reason why she lost.

Trump-onomics 101

The forgotten working folks who voted for Donald Trump are seeing the benefit of his economic policies in more hours at the factories and other businesses that employ them, higher wages and more job security in the outlook for new orders.

Trump Voters Winners In First 24 Hours Of Tax Reform

The Fake News media can kvetch about “trickle down” economics all they want, but $1,000 bonuses to Trump voters – frontline workers and managers – and companies announcing $15 an hour minimum wage is a huge political win for President Trump, and a big quality of life win for America’s hard-pressed working families.

There are zero excuses to stand against the Trump tax cuts

Stephen Moore, The Hill

There’s no sense in arguing about what the impact of the Trump tax cuts will be. It’s going to be signed into law by the end of the week, and now we will see a great experiment in economic policy carried out. Republicans have bet the farm, as Ronald Reagan and John Kennedy did, that a big tax cut oriented towards incentivizing investment, work and business startups through lower tax rates.

McCain Returns To Arizona Throwing Tax Bill Vote Into Doubt

The Capitol Hill Republican leadership has severely watered-down the pro-growth elements of the tax bill. However, no Democrats will vote AYE, so all of the sops to class warfare offered in the final bill may be for naught if Republicans don’t have the Senators on the floor to pass the bill.

The GOP Establishment Is About To Blow-Up The Pro-Growth Tax Plan

We urge CHQ readers to call their Representative and Senators through the Toll-Free Capitol Switchboard at 1-866-220-0044. Tell them to lower the corporate tax rate to 20 percent, keep the special rate for repatriation at 12 percent and to keep the focus of the tax reform bill on job creation and economic growth, not class warfare.

Japan’s ‘Lost Generation’ of Economic Growth: Blame High Taxes

John Fund, National Review

The key to revitalizing the American economy and creating good jobs is to pass tax reform this year. It will be no panacea, but the absence of real structural changes in our tax code for the past 30 years has clearly set us back. Now is the time to seize the opportunity for change. If we flub it, we could face a Japanese-style sluggish economy that could sap our innovative spirit and also create social tensions.

Job Creation First, Tax Reform Second In House Tax Bill

There is still a lot of work to be done to get a tax reform bill through the Senate, but the House bill is a start, and, with its extensive economic growth and job creation features, it is a better start than we initially thought it would be.

Voters Sent The Republicans A Wake-Up Message

By Richard A. Viguerie, CHQ Chairman
Maybe the most powerful line in American politics is “send them a message” and on Tuesday the voters sent Republicans a series of unmistakable messages.

Why the Left Has Been So Wrong About the Trump Boom

Stephen Moore, Investor's Business Daily

Maybe the liberal economists and their shills in the media should show some humility. They should acknowledge they were dead wrong about how much Obamanomics was going to grow the economy and about how Trumponomics would crash the economy and the stock market. Or better yet, maybe the rest of us should all just stop listening to them.

First Impression: House GOP Tax Plan

The cost of government is not what it taxes, it is what it spends. The GOP tax plan is a start, but not a particularly bold or ambitious start, and it is only one part of a pro-growth economic formula. Spending has yet to be dealt with.