stock market

The Good Economic News No One Heard About

A few weeks ago, the Census Bureau released the 2018 Income and Poverty in the United States report, but you probably didn’t see anything about it because it reported such positive results attributable to President Trump's economic policies. Instead the media focused on a meaningless measure of income "inequality."

Elizabeth Warren Does Not Like the Stock Market

Hunt Lawrence and Daniel J. Flynn, The American Spectator

Rather than restrict access to stocks, Warren and other elected officials should encourage ownership of them. Opportunities increased for those who owned stock over the last decade or so, when the Dow Jones Industrial Average nearly quadrupled from its post meltdown nadir to now. If more Americans rather than fewer participated in this basic engine of economic progress, then the more egalitarian society Warren envisions might emerge. And even if inequalities persisted, which they certainly would, then at least those currently on the ragged edge of the middle class would more fully realize the American Dream.

The August Jobs Report Is Not 'Mixed' It's Yuuge

Optimism is of course key to business expansion and based the third quarter’s Small Business Optimism Index, released mid-August by the National Federation of Independent Business, and today's employment figures, the American Small Business sector -- by itself the third-largest economy in the world -- remains very optimistic about the Trump economy.

Is the Fed Meddling in Our Elections?

The Federal Reserve isn’t the only Deep State institution that would like to affect the 2020 election in opposition to President Trump – Silicon Valley comes quickly to mind as an equally malign influence – however, as our friend Dr. Ron Paul observed in a recent  column, they are not a state within a state in the same way that the Federal Reserve is.

Media Talking The Economy Into A Recession To Defeat Trump

From our perspective we think Ainsley Earhardt of Fox and Friends had it right when she laid the blame for the growing talk of an economic recession on the media's attitude against Trump. “They do not want him to win again and they don’t like that the economy is doing well, apparently," said Ms. Earhardt.

Gallup: Trump Economic Approval Highest Yet at 56 Percent

The Gallup Organization reports Trump's rating for handling the economy, 56 percent, is the highest of his presidency and the highest of his approval ratings on any of 14 domestic and foreign issues tested in the latest Gallup poll. Americans' approval of his handling of unemployment is nearly as high, at 54 percent.

If Trump talks bull, he needs to beware the bear

Editors, Washington Examiner

Good news is plain good news for most people who are working, looking for work, or running businesses. It probably won’t be bad news much longer for investors, either, as wealth is created and more money is thus injected into the national economy. What Trump has discovered is the tactical need for humility in this area. When a president takes credit for the unpredictable ebbs and swells of the stock market, he has to accept blame as well. And presidents, in reality, have very little business taking either credit or blame.

Should Trump Receive Credit for Surging Stock Prices?

Daniel Mitchell, CNS News

In my humble opinion, politicians (at least the ones who support good policy on net, and I still don’t know whether Trump is in this category) should argue for good policy because that will lead to higher per-capita income over time. And they also should say, in the interests of accuracy, that it generally takes time to see good results. Consider the lesson of the Reagan years.