“Who deserves credit for the booming economy? This is not a petty argument. How voters answer the question could well determine whether Democrats retake the House of Representatives come November.
Trump and Obama (and their admirers) are slugging it out, both claiming that it is their policies that have led to the ongoing economic expansion, steady job growth and higher stock prices.
Happily for President Trump, the pros agree with him. A recent survey of economists suggest it is President Trump, and not Obama, who should be taking a bow.
The Wall Street Journal asked 68 business, financial and academic economists who was responsible for the strengthening of the economy, and most “suggested Mr. Trump’s election deserves at least some credit” for the upturn.
A majority said the president had been “somewhat” or “strongly” positive for job creation, gross domestic product growth and the rising stock market.
The pros cite the White House’s push for lighter regulation and the recent tax bill as critical to a pro-growth environment; more than 90 percent of the group thought the tax bill would boost GDP expansion over the next two years.
A year ago in the same survey, economists awarded President Obama mixed grades. Most saw his policies as positive for financial stability, but neutral-to-negative for GDP growth and negative for long-term growth. By contrast, Trump was seen as neutral to positive for long-term gains.
Why would Trump rate higher than Obama with this group? Economists point to the upturn in business confidence that accompanied Trump’s election, and tie that to increasing business investment. Spending on capital goods accelerated sharply over the first three quarters of last year, growing at an annualized rate of 6.2 percent.
Such outlays will spur productivity gains and lead to wage hikes, creating a virtuous circle complete with rising consumer confidence and spending.
Unhappily Trump, voters have not yet caught up with the experts. Democrats have done an excellent job of trashing Trump’s policies, issuing hysterical alarms over the supposed dangers of deregulation (toxic water, foul air!) and vilifying the GOP tax bill.
Imagine the nation polling negative on a tax cut for an estimated 90 percent of the workers. That takes genius.”
————————–
“We live in an era of perpetual outrage because outrage distracts people from focusing on more important issues (like the fact that American workers’ real wages have been stagnant for decades thanks to deindustrialization and illegal immigration policies favored by globalists). Because some elites benefit by keeping the public distracted, the liberal media constantly bombards us with “outrageous scandals” like the story about the hunter who killed Cecil the Lion or the clothing company that marketed a sweater bearing the phrase “coolest monkey in the jungle” with a cute black child model—which sparked “outrage” until the boy’s mother shut it down.
The most recent outrage cycle involves Trump’s alleged statements that Haiti, El Salvador and some African nations are “@#$%$#” countries. Predictably enough, liberals like Democratic senator Dick Durbin and Joan Walsh (author of “What’s the Matter With White People?), pounced upon the President’s putative comments as an opportunity to virtue-signal. Supposedly, they are better than the President because they would never, ever say something so “horrible” and “racist.” But their sanctimonious prattle is annoying and disingenuous.
Every liberal elite loudly condemning the President knows that the countries he allegedly commented on are in a deplorable state—so bad that thousands of their citizens risk death to flee from them. This is why their hypocrisy burns, particularly when liberals like Walsh dishonestly claim they “don’t know” whether they’d prefer to live in Norway or Haiti, as if this presents a close question—much like being asked whether you’d rather live in the hood in Baltimore or in the mostly white affluent enclaves where most liberals choose to reside.
Liberals’ dishonesty is grating because even African and Haitian commentators have acknowledged the sad straits their countries are in. Nigerian author Chigozie Obioma, the recipient of an NAACP Image Award, has admitted that, “There Are No Successful Black Nations.” He notes that, “Nigeria, the most populous black nation on Earth, is on the brink of collapse. Obioma also observes (as many Africans have) that:
A culture of incompetence, endemic corruption, dignified ineptitude, and, chief among all, destructive selfishness and greed has played a major role in its unravelling. The same, sadly, can be said for most other African nations. States like Zimbabwe, Cameroon, and Equatorial Guinea are farcical democracies ruled by men who exclusively cater to their interests and those of their clipped circles.
As Obioma explains, because of “chaos, senseless wars, corrupted religiosity, violence, and economic collapse — African and Caribbean people leave home en masse. They beg on the streets of Greece, prostitute in the red-light zones of the Netherlands, and make up 40 percent of the migrants flocking to Europe.”
Do liberals think that Obioma is “racist” for acknowledging these unpleasant truths?
Similarly, a West African sociologist recently admitted that, “President Donald Trump is absolutely right” because “When you have heads of state who mess with the constitutions to perpetuate their power. When you have rebel factions that kill children, disembowel women as saints, who mutilate innocent civilians,” that, unfortunately, qualifies as a @#$%$ situation.”
“The Washington Post did not say in its article disclosing the alleged Trump comment who the source was. But given Durbin’s history of lying about comments made behind closed doors and deliberate attempt to portray “chain migration” as a racist term, it’s reasonable to believe it was Durbin or someone acting for Durbin.
Why would Durbin deliberately seek to blow up the negotiations? John Hinderaker makes a good point, aside from Durbin’s history of doing such things:
This story is a good illustration of the bizarre times in which we live. Trump made a good point in a private meeting with a small number of legislators. He may have used profanity while doing so, but he wasn’t making a speech. His political enemy, Dick Durbin, then ran to the press to damage Trump by quoting–probably misquoting–his private comments. The press jumped on the story eagerly, assuming Durbin’s account was correct and happily damaging America’s interests, as Democrats and Democratic reporters smugly told us was happening. Lost in the shuffle was the fact that Trump is right about immigration–chain migration and the lottery are crazy and need to go, in favor of a merit-based system–and a large majority of Americans agree with him.
The negotiations were not going Durbin’s way. Trump was taking a much harder line than expected. So Durbin went for the Hail Mary pass, to make it into a racism issue. The “s–thole” press strategy was just part of it, as was the “chain migration” terminology.
Durbin wasn’t going to get his way on DACA, so he blew it up, figuring it will be better as a campaign issue.”
————————
I am presently reading Secrets of the Secret Service by Gary Byrne, I have read Clinton Cash by Schwitzer. I have also read another book, some time ago, about Hillary.
I said before, GHW Bush saved us from John Kerry.. GW Bush saved us from Al Gore.
. Regardless of what you think of him, Don Trump has saved us from Hillary.
. Every thing I read convinces me more that the the Clintons were a corrupt crime syndicate.
. Nothig good about them. I am convinced that two egomaniacs joined together for mutual advantage. They didn’t like each other, they used each other. And they used everyone eles for personal advantage. While the Clintons were in the White House, it was virtually a brothel. Not just Bill, but others were involved.
This nation had become a kleptocracy with most of the money flowing to the Clintons.
Obama was a good family man.
Secret Service was in a quandary about whether to obey the law or protect Clinton.
They chose to protect Clinton, so twelve unmarked cars would zoom through red lights on the way for Bill to hook up..
And the DC police were not notified..
Seems Bill’s sex drive was insatiable. May still be, even at his age.
“Amazon wants to put a camera and microphone in your bedroom with the UK launch of its latest Echo home device.
The camera on the £119.99 ($129) Echo Spot, which doubles up as a ‘smart alarm’, will probably be facing directly at the user’s bed.
The device, which is already available in the US has such sophisticated microphones it can hear people talking from across the room – even if music is playing.
However, there remain privacy concerns over using such a device in the home.
Amazon devices have previously activated when they’re not wanted meaning this small device could turn into a potential spy
“So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.” Paul Krugman, economist and columnist for the NY Times, Nov. 9, 2016
The Dow Jones industrial average has now topped 26,000 for the first time in history, in the fastest 1,000 point move ever – just seven trading days.
“The global economic environment headed into 2018 is about “as good as it gets,” says Goldman Sachs Research’s Chief Economist Jan Hatzius. He expects global growth will reach 4% next year, buoyed by synchronized expansion across developed and emerging markets.”
While consumers may be happy as clams and Dow investors even happier, I was just wondering how it might play out if more people tried this little experiment: no shopping (for clothing or electronics) for a year. :–)
“Nielsen confirmed Trump’s tone while testifying under oath to the Senate Judiciary Committee on Tuesday morning. Sen. Patrick J. Leahy (D-Vt.) asked Nielsen whether Trump had used the vulgarity to describe the countries “or a substantially similar word.”
“I did not hear that word used,” Nielsen told members of the committee.
When Leahy asked again, Nielsen said, “The conversation was very impassioned. I don’t dispute that the president was using tough language. Others in the room were also using tough language.”
“The president used tough language in general, as did other congressmen in the room, yes sir,” she said later, when Leahy pressed her again.”
I don’t think it’s plausible that Trump didn’t curse and disparage certain countries in that meeting. I do think it’s a shame he said any of it, but I don’t think it’s of any real consequence. What racist policy is he actually pushing? And what a drama queen Cory Booker is, that media hog.
I don’t know how those tax cuts are going to play out over the long term, but I just learned today that my Brother got a $1 hourly raise at his construction job. That’s not insignificant. :–)
I agree, I’m sure there was cursing. But it was from both sides because it got quite heated, as the woman testifying under oath noted in her sworn testimony. The pearl clutching from Cory Booker and other Dems over what Trump supposedly said is just hypocrisy on their part.
Citing confidence as a determining factor reduces economics to mere psychology. No wonder some call economics the dismal science.
Just a note on the Toronto hijab story. The only plausible explanation is the girl had taken her hijab off but then lost it or maybe a family member/friend saw her without it, forcing her to come up with a story. And idealistic liberal school admin bought it because their own life experience is to far removed from this girl’s reality.
She wouldn’t be the first girl a conservative family to dress differently when she left her home. I had high school classmates who changed before and after school. I also had a Saudi student who changed 15 mins before the end of the school day.
Wandering Views 
Economists agree.
http://thehill.com/opinion/finance/368904-economists-agree-trump-not-obama-gets-credit-for-economy
“Who deserves credit for the booming economy? This is not a petty argument. How voters answer the question could well determine whether Democrats retake the House of Representatives come November.
Trump and Obama (and their admirers) are slugging it out, both claiming that it is their policies that have led to the ongoing economic expansion, steady job growth and higher stock prices.
Happily for President Trump, the pros agree with him. A recent survey of economists suggest it is President Trump, and not Obama, who should be taking a bow.
The Wall Street Journal asked 68 business, financial and academic economists who was responsible for the strengthening of the economy, and most “suggested Mr. Trump’s election deserves at least some credit” for the upturn.
A majority said the president had been “somewhat” or “strongly” positive for job creation, gross domestic product growth and the rising stock market.
The pros cite the White House’s push for lighter regulation and the recent tax bill as critical to a pro-growth environment; more than 90 percent of the group thought the tax bill would boost GDP expansion over the next two years.
A year ago in the same survey, economists awarded President Obama mixed grades. Most saw his policies as positive for financial stability, but neutral-to-negative for GDP growth and negative for long-term growth. By contrast, Trump was seen as neutral to positive for long-term gains.
Why would Trump rate higher than Obama with this group? Economists point to the upturn in business confidence that accompanied Trump’s election, and tie that to increasing business investment. Spending on capital goods accelerated sharply over the first three quarters of last year, growing at an annualized rate of 6.2 percent.
Such outlays will spur productivity gains and lead to wage hikes, creating a virtuous circle complete with rising consumer confidence and spending.
Unhappily Trump, voters have not yet caught up with the experts. Democrats have done an excellent job of trashing Trump’s policies, issuing hysterical alarms over the supposed dangers of deregulation (toxic water, foul air!) and vilifying the GOP tax bill.
Imagine the nation polling negative on a tax cut for an estimated 90 percent of the workers. That takes genius.”
————————–
No, that takes liars telling lies.
LikeLiked by 2 people
And here’s some more lies and hypocrisy from liberals.
http://dailycaller.com/2018/01/15/the-truth-about-holes-unpleasant-facts-trump-liberal-lies-and-hypocrisy-about-africa/
“We live in an era of perpetual outrage because outrage distracts people from focusing on more important issues (like the fact that American workers’ real wages have been stagnant for decades thanks to deindustrialization and illegal immigration policies favored by globalists). Because some elites benefit by keeping the public distracted, the liberal media constantly bombards us with “outrageous scandals” like the story about the hunter who killed Cecil the Lion or the clothing company that marketed a sweater bearing the phrase “coolest monkey in the jungle” with a cute black child model—which sparked “outrage” until the boy’s mother shut it down.
The most recent outrage cycle involves Trump’s alleged statements that Haiti, El Salvador and some African nations are “@#$%$#” countries. Predictably enough, liberals like Democratic senator Dick Durbin and Joan Walsh (author of “What’s the Matter With White People?), pounced upon the President’s putative comments as an opportunity to virtue-signal. Supposedly, they are better than the President because they would never, ever say something so “horrible” and “racist.” But their sanctimonious prattle is annoying and disingenuous.
Every liberal elite loudly condemning the President knows that the countries he allegedly commented on are in a deplorable state—so bad that thousands of their citizens risk death to flee from them. This is why their hypocrisy burns, particularly when liberals like Walsh dishonestly claim they “don’t know” whether they’d prefer to live in Norway or Haiti, as if this presents a close question—much like being asked whether you’d rather live in the hood in Baltimore or in the mostly white affluent enclaves where most liberals choose to reside.
Liberals’ dishonesty is grating because even African and Haitian commentators have acknowledged the sad straits their countries are in. Nigerian author Chigozie Obioma, the recipient of an NAACP Image Award, has admitted that, “There Are No Successful Black Nations.” He notes that, “Nigeria, the most populous black nation on Earth, is on the brink of collapse. Obioma also observes (as many Africans have) that:
A culture of incompetence, endemic corruption, dignified ineptitude, and, chief among all, destructive selfishness and greed has played a major role in its unravelling. The same, sadly, can be said for most other African nations. States like Zimbabwe, Cameroon, and Equatorial Guinea are farcical democracies ruled by men who exclusively cater to their interests and those of their clipped circles.
As Obioma explains, because of “chaos, senseless wars, corrupted religiosity, violence, and economic collapse — African and Caribbean people leave home en masse. They beg on the streets of Greece, prostitute in the red-light zones of the Netherlands, and make up 40 percent of the migrants flocking to Europe.”
Do liberals think that Obioma is “racist” for acknowledging these unpleasant truths?
Similarly, a West African sociologist recently admitted that, “President Donald Trump is absolutely right” because “When you have heads of state who mess with the constitutions to perpetuate their power. When you have rebel factions that kill children, disembowel women as saints, who mutilate innocent civilians,” that, unfortunately, qualifies as a @#$%$ situation.”
LikeLike
Durbin knew he was losing on DACA, so he blew up negotiations with the @#$%%$#@ lie.
https://legalinsurrection.com/2018/01/dick-durbin-blew-up-daca-deliberately/
“The Washington Post did not say in its article disclosing the alleged Trump comment who the source was. But given Durbin’s history of lying about comments made behind closed doors and deliberate attempt to portray “chain migration” as a racist term, it’s reasonable to believe it was Durbin or someone acting for Durbin.
Why would Durbin deliberately seek to blow up the negotiations? John Hinderaker makes a good point, aside from Durbin’s history of doing such things:
This story is a good illustration of the bizarre times in which we live. Trump made a good point in a private meeting with a small number of legislators. He may have used profanity while doing so, but he wasn’t making a speech. His political enemy, Dick Durbin, then ran to the press to damage Trump by quoting–probably misquoting–his private comments. The press jumped on the story eagerly, assuming Durbin’s account was correct and happily damaging America’s interests, as Democrats and Democratic reporters smugly told us was happening. Lost in the shuffle was the fact that Trump is right about immigration–chain migration and the lottery are crazy and need to go, in favor of a merit-based system–and a large majority of Americans agree with him.
The negotiations were not going Durbin’s way. Trump was taking a much harder line than expected. So Durbin went for the Hail Mary pass, to make it into a racism issue. The “s–thole” press strategy was just part of it, as was the “chain migration” terminology.
Durbin wasn’t going to get his way on DACA, so he blew it up, figuring it will be better as a campaign issue.”
————————
More here from John Hinderaker at Powerline
http://www.powerlineblog.com/archives/2018/01/shole-or-no-shole.php
LikeLiked by 1 person
I am presently reading Secrets of the Secret Service by Gary Byrne, I have read Clinton Cash by Schwitzer. I have also read another book, some time ago, about Hillary.
I said before, GHW Bush saved us from John Kerry.. GW Bush saved us from Al Gore.
. Regardless of what you think of him, Don Trump has saved us from Hillary.
. Every thing I read convinces me more that the the Clintons were a corrupt crime syndicate.
. Nothig good about them. I am convinced that two egomaniacs joined together for mutual advantage. They didn’t like each other, they used each other. And they used everyone eles for personal advantage. While the Clintons were in the White House, it was virtually a brothel. Not just Bill, but others were involved.
This nation had become a kleptocracy with most of the money flowing to the Clintons.
LikeLike
Regardless of what you think of the way the Bush’s governed,, they were honorable people.
That is a strange thing in the Swamp lately.
LikeLiked by 1 person
Obama was a good family man.
Secret Service was in a quandary about whether to obey the law or protect Clinton.
They chose to protect Clinton, so twelve unmarked cars would zoom through red lights on the way for Bill to hook up..
And the DC police were not notified..
Seems Bill’s sex drive was insatiable. May still be, even at his age.
LikeLike
From “The Daily Mail” via Amazon:
“Amazon wants to put a camera and microphone in your bedroom with the UK launch of its latest Echo home device.
The camera on the £119.99 ($129) Echo Spot, which doubles up as a ‘smart alarm’, will probably be facing directly at the user’s bed.
The device, which is already available in the US has such sophisticated microphones it can hear people talking from across the room – even if music is playing.
However, there remain privacy concerns over using such a device in the home.
Amazon devices have previously activated when they’re not wanted meaning this small device could turn into a potential spy
Read more: http://www.dailymail.co.uk/sciencetech/article-5273947/Amazon-s-Echo-Spot-coming-UK-later-month.html#ixzz54MrIADHZ
LikeLiked by 1 person
CORRECTION that was from Drudge. I had Amazon on the mind.
But you knew that, didn’t you?
LikeLike
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“So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.” Paul Krugman, economist and columnist for the NY Times, Nov. 9, 2016
The Dow Jones industrial average has now topped 26,000 for the first time in history, in the fastest 1,000 point move ever – just seven trading days.
“The global economic environment headed into 2018 is about “as good as it gets,” says Goldman Sachs Research’s Chief Economist Jan Hatzius. He expects global growth will reach 4% next year, buoyed by synchronized expansion across developed and emerging markets.”
LikeLike
Krugman is the weatherman of economists. He’s seldom right, his forecasts are usually way off, but he still get’s to keep his job. He’s a fraud.
LikeLiked by 1 person
While consumers may be happy as clams and Dow investors even happier, I was just wondering how it might play out if more people tried this little experiment: no shopping (for clothing or electronics) for a year. :–)
LikeLiked by 3 people
Now who you gonna believe? A. – Durbin the known liar, or B. – the woman testifying under oath?
B. Final answer.
https://www.washingtonpost.com/politics/asked-about-trumps-vulgar-comments-dhs-secretary-nielsen-says-i-did-not-hear-that-word-used/2018/01/16/9162ee64-faca-11e7-a46b-a3614530bd87_story.html?utm_term=.a6ea2f99034e
“Nielsen confirmed Trump’s tone while testifying under oath to the Senate Judiciary Committee on Tuesday morning. Sen. Patrick J. Leahy (D-Vt.) asked Nielsen whether Trump had used the vulgarity to describe the countries “or a substantially similar word.”
“I did not hear that word used,” Nielsen told members of the committee.
When Leahy asked again, Nielsen said, “The conversation was very impassioned. I don’t dispute that the president was using tough language. Others in the room were also using tough language.”
“The president used tough language in general, as did other congressmen in the room, yes sir,” she said later, when Leahy pressed her again.”
LikeLike
Narrative fail.
——————–
The doom and gloom…… that never happened.
LikeLiked by 1 person
I don’t think it’s plausible that Trump didn’t curse and disparage certain countries in that meeting. I do think it’s a shame he said any of it, but I don’t think it’s of any real consequence. What racist policy is he actually pushing? And what a drama queen Cory Booker is, that media hog.
LikeLiked by 1 person
I don’t know how those tax cuts are going to play out over the long term, but I just learned today that my Brother got a $1 hourly raise at his construction job. That’s not insignificant. :–)
LikeLiked by 1 person
Solar,
I agree, I’m sure there was cursing. But it was from both sides because it got quite heated, as the woman testifying under oath noted in her sworn testimony. The pearl clutching from Cory Booker and other Dems over what Trump supposedly said is just hypocrisy on their part.
LikeLike
LikeLike
Citing confidence as a determining factor reduces economics to mere psychology. No wonder some call economics the dismal science.
Just a note on the Toronto hijab story. The only plausible explanation is the girl had taken her hijab off but then lost it or maybe a family member/friend saw her without it, forcing her to come up with a story. And idealistic liberal school admin bought it because their own life experience is to far removed from this girl’s reality.
She wouldn’t be the first girl a conservative family to dress differently when she left her home. I had high school classmates who changed before and after school. I also had a Saudi student who changed 15 mins before the end of the school day.
LikeLiked by 2 people