Category Archives: Trade

Exfiltration of Wealth

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Understanding the core, the central element of globalism, is the key to understanding the process going on where governments and corporations have merged to end capitalism as it has always been defined.  This is where the phrase “trillions at stake” takes on an understanding and context that clarifies just what the elites have been doing to the common folk for a long time.

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Is War Coming?

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One of the hallmarks of the Trump presidency was his economic approach to foreign policy.  While he believed in a strong America militarily, PDJT also believed that using common economic interests as a lever helped way more people. PDJT was helping more people out of poverty than any single person in history.  The result of his approach was no new wars during his presidency.  The contrast with his predecessor who started seven wars in eight years was striking.  A lot fewer body bags were being filled with young Americans during the Trump presidency.

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Democrats Are Killing The Economy

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This administration is killing jobs and exporting American jobs to other countries.  The Democrats are anti-American and are evil, racist and corrupt.  They do not care about Americans.  They only care about power and money.

Ford announced this week that it plans to move a major project from its Avon Lake plant in northeast Ohio to Mexico. Ford thus reneged a promise made during the Trump administration to invest $900 million in the new project to build an electric vehicle there.  The original agreement called for a complete revitalization of the Avon Lake facility.

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Biden Vows To Crush Trump Economy

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“Make America Pay Again.”

It is not an official campaign slogan for the Biden campaign but it should be.  Joe Biden, the presumptive Democratic presidential nominee, recently told campaign donors that, if elected, he plans to roll back most of PDJT’s tax cuts.  Biden said,

“I’m going to get rid of the bulk of Trump’s $2 trillion tax cut.  A lot of you may not like that, but I’m going to close loopholes like capital gains and stepped-up basis.”

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Trade Is Back In The News

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U.S. Trade Representative Robert Lighthizer testified before the House Ways and Means committee and before the Senate Finance Committee on Wednesday.  USTR Lighthizer outlined that the administration plans to continue to demand trade reciprocity.  This is in keeping with PDJT’s long stated policy of equality in trade relations.  Some have characterized this as a zero-zero-zero goal.  That is, PDJT believes there should be zero tariffs, zero barriers and zero subsidies.

PDJT believes in the American worker.  PDJT believes that American workers can compete with workers anywhere in the world if the playing field is level.  To level the playing field has been the goal of his administration since day one

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Great Numbers

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The Bureau of Labor Statistics released the February jobs report last week that showed 273,000 jobs added in February.  This shattered the experts’ predictions that were expecting 175,000.  At the same time the BLS updated January and Decembers numbers to reflect 85,000 more jobs than previously reported.

These revisions are an interesting sidelight of the business of reporting labor numbers.  The initial numbers due reflect some incompleteness in the reporting so the updates are always instructive.  During the Obama administration there were updates on both sides of the ledger.  That is, a few months saw increases.  Most saw decreases.  During the Trump administration the updates have always shown underreporting during the initial release of the numbers.  I wonder why that is.

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Winning!

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While the Democrats and their media allies wallow around in their delusions of impeachment, President Donald J Trump is leading the world to an understanding of how to help all people prosper.  Many more people from around the world tuned into listen to PDJT’s remarks at the World Economic Forum than tuned into the sham impeachment hearings in Washington.

There was a great deal of international interest in this speech.  Essentially PDJT is instructing the world that economics is not the zero-sum game that many of the world’s corrupt politicians would have you believe.  That is, just because our economy gets bigger does not mean that other economies must get smaller.  PDJT is encouraging world leaders to unleash the potential of their people, to get out of the way and let people prosper rather than trying to exercise top-down control over all aspects of their people’s lives.

PDJT pointed out that the changes that have occurred in America have helped all people, rich and poor, young and old, male and female.  A greater percentage of the improvement in the economy has come to the common people of all persuasions rather than the rich.

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USMCA Passes

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The USMCA trade deal replacing NAFTA, passed by Mexico more than half a year ago, has finally passed both the Senate and the House in the United States.  PDJT is expected to sign it next week.  The deal is a major win for manufacturing in North America.

Despite broad bi-partisan support in both legislative chambers in this country, Speaker Pelosi had held up submitting the deal for a vote for months.  Pelosi did not want PDJT to have a win in providing a better economy for all Americans.  Eventually internal pressure within her own party forced her to move on the issue.  No Democrat facing re-election wanted to be the target of voter angst because the Democrats were hurting Americans in their pocketbooks.  It is also a certainty that the Democrats did not want PDJT pummeling them about the USMCA during his State of the Union address this year.

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