economic growth

The Federal Reserve's Tortured Logic

Stephen Moore, CNS News

Yes, the Fed should cut rates now — and it should have done so months ago — because prices are falling in many sectors. Better late than never. There is no sign of inflation anywhere in the economy today. Trump is right to try to drain the Fed board of economists who are still peddling dead Keynesian ideas about money. Sound money and a stable dollar on top of the prosperity-enhancing effects of deregulation and tax cuts can give us 3% to 4% growth with no inflation for as far as the eye can see. Just what is Jerome Powell so afraid of?

ICYMI: April’s Great Economic News

Not that we believe in or promote “conspiracy theories,” you know, like the one that the Trump campaign was spied upon by a corrupt Obama-era FBI and intelligence apparatus. But there is one conspiracy we are convinced exits, and that is that the establishment media refuses to report good economic news.

Amid good news, can Democrats talk down the economy?

Byron York, Washington Examiner

In that rather ironic scenario, a good Trump economy could give voters the freedom to focus on things they don't like about the president. In any event, Trump's job will be to convince voters not only that his economic policies are working, but that Democratic proposals such as the Green New Deal, Medicare for All, tuition-free college, and more would destroy the economy that has gone well during the early Trump years. So far, despite all the pessimistic talk, that's not a hard argument to make. And if the indicators hold up, the president will hold a strong hand, whatever his real or perceived liabilities, in November 2020.

Work Hard, Play By The Rules, And Be Hated By Liberals

Kurt Schlichter, Townhall

Here’s a fun test, a little mental exercise for those of you so unwoke that you don’t get that the leftist objective is your enslavement (meaning your utter obedience to the ruling class and the total forfeiture of your right to participate in your own governance) and/or your death (whether through the fine grinding of time, fellow boomers, or through more proactive means on softball fields and elsewhere – it’s all good as long as you’re gone): Look at the 672,451 Democrats running for the chance to be crushed next year by Donald “3.2% GDP/3.8% Unemployment” Trump and see if you can find a single policy, position or promise from any of them that increases either your prosperity or your liberty.

Trump Deserves More Credit than He Gets for the Economy, but He Hasn't Done Enough

David P. Goldman, PJ Media

President Trump had a good first two years where the economy is concerned, and deserves the country's gratitude. But the failure of large corporations to increase productivity-enhancing investment will contribute to a much slower rate of growth in 2019. I support the president and I want him to succeed, but I don't think the tools he has chosen will get the results he wants. On the contrary, the trade war is hurting the U.S. economy, and serves as a distraction from the greater tech war, which isn't going well.

Did Trump Lock-Up 2020 In One Speech?

President Trump correctly identified the issues at bar in 2020 as the American dream versus the socialist nightmare. Democrats are already helping President Trump put their socialism on trial by embracing socialist candidates,  and by ratcheting-up the socialist rhetoric. It is up to us conservatives to make sure Trump obtains the conviction.

Media Ignores Great Economic News… Again

Inflation-adjusted disposable income rose 4.2 percent, last quarter, and America’s working families are seeing a continued gain in their disposable income, and thus a continued improvement in their quality of life. This is not only good news for America’s working families, it is good political news for President Trump, which is probably why it was buried by the establishment news media.

Dems Deny Economic Boom

Betsy McCaughey, The American Spectator

What’s not to like? Yet Democratic pols would rather whine than deal with reality. Presidential hopeful Senator Kamala Harris (D-CA) rants that “the economy is not working for working people.” Huh? Senator Cory Booker, who made his run for the White House official last week, claims the nation needs to change course so “parents can put food on the table” and “no one is left behind.” Dems won’t admit the inconvenient truth that the economic boom is benefitting working people. We’re in an increasingly worker-friendly environment.

Trump Report Card: State of the Union Address 2019

Our friend David Franke shares President Donald Trump's report card for a class in Political Performance 101—an elective in both the theater/performance art department and the political science department of Franke University. Understood in this way, Prof. Franke gave President Trump a grade of A+.

Good News From Trump Wrecks Democrats

The American workers Donald Trump promised to fight for are the real winners of the Trump economic boom. Good news for Americans is death to the Democrat Party, and that is why in their coverage of President Trump’s State of the Union message most of the establishment media could not get beyond the shenanigans of the white-clad Democratic congresswomen.

Federal Reserve Policies Attacking Working Families

Why would the Fed want to do anything to slow the record-breaking run in housing values, slow wage growth and encourage a Bear stock market that will strip more wealth from the retirement accounts and college funds of America’s working families?

The Fed Steps On Middle America Again

Whether there is a political motive, or simply a Wall Street over Main Street bias one thing is certain: In the alternative universe where Wall Street’s Masters of the Universe and the mandarins who control America’s Federal Reserve Bank live, good economic news for America’s middle-income families is something to be feared.

The Recession Myth

Stephen Moore, CNS News

The deregulation agenda under Trump is likely to accelerate in 2019 and 2020 as the one lever the Executive Branch has to clear roadblocks to growth. Wages are rising now for the lowest-income Americans, as The Wall Street Journal recently reported. That should keep consumer spending at a healthy clip. Trump chief economist Larry Kudlow says that "a recession is so far in the distance I can't see it." Nor can I. The only ones who can see it are the Trump haters who want it to happen.

Trump’s reversal of failed Obama policies has created a booming economy

Andy Puzder, Fox News

Let’s be clear: The economy is booming because President Trump reversed President Obama’s economic policies – not because Trump furthered the Obama policies. President Obama raised taxes on businesses and individuals. He expanded the federal government’s size and power through dramatic increases in the number and scope of federal regulations. He discouraged domestic energy production – for example, refusing to authorize the Keystone XL pipeline and openly attempting to bankrupt the coal industry. The economy is now booming because President Trump took the opposite course.

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.