The Trump Effect!

Why Donald Trump is important for our prosperity.

The Trump Effect

There is a failure in the public education system of the USA which has blossomed into a widespread lack of knowledge of economics and civics, and how they are interrelated. This information is necessary to  understand how our economy operates, and is vital to elect effective representatives to legislate on our behalf. Decisions that harm our economy directly impact our prosperity as a nation.    

We have control only over  our actions and what we do or say. We are who and what we think we are, and knowledge is power. If we allow false information to corrupt and sway our thinking, we will be prone to act according to that false data. You may not be a failure in reality, yet if you THINK you are a failure, you will act as though you are a failure and you will have no inclination to improve your lot in life.   Your perception of reality is colored by your beliefs, so it is vital to have your facts straight. Young people are typically “plagued” by political apathy, yet can be swayed into voting by perceptions or feelings of inequality and injustice. Feelings are not the same as facts. Making decisions based on emotional reasons instead of logical ones is a recipe for disaster.  

The United States is the oldest Constitutional Republic in the history of the world. We elect representatives who act on our behalf in the running of our country.  In our constitution, we are granted our inalienable God-given rights of  life, liberty, and the pursuit of happiness.  It is the job of government only to protect those rights. The rest is up to us.  

According to data gathered and tabulated by the United States Elections Project http://www.electproject.org/home/voter-turnout/voter-turnout-data :

In 2016 there were an estimated 250,056,000 eligible citizens who could vote,  and 138,847,000 voted or about 55.5%.  This was the highest by population number voter turnout for a presidential election ever (it was 3rd by percentage). There were slightly higher by percentage turnouts in only two other  elections over the past half-century (2004 and 2008) but it is important to note that these were also reflecting a voting base millions of voters smaller. The highest BY PERCENTAGE in the past hundred years was the 1960 presidential election of John F. Kennedy when there were 109,672,000 eligible voters, and 68,836,000 voted, or about  62.8% .Other than during that election, percentage of voting by eligible voters has been under 60% since 1968. The highest by percentage EVER was the 1876 election which had an estimated 81.8% turnout, and the ONLY U.S. president to be elected unanimously was George Washington.

 A Washington outsider.

On Nov 08, 2016, the Dow Jones Industrial Average opened at 18,251.38, the S&P 500 was at 2,129.92 and the Nasdaq was at 5,154.99. After Donald J. Trump won the election against Hillary Clinton, the major indices began to rise dramatically and have continued to rise since, despite two minor corrections along the way. As of this past Friday November 8th  2018, the indices closed at : Dow 25,989.30, S&P 2,781.01, Nasdaq  7,406.90.

Donald Trump was a Washington outsider, and was elected by a majority of disenfranchised voters who were disgusted by the actions of career politicians.  The mantra and platform that catapulted him to the highest office in the land was Make America Great Again.  Trump promised to bring back jobs, reduce government waste, cut taxes, strengthen our military, and like the slogan, make America great again.  Trump is a billionaire businessman as well as a patriot. He knows what drives our economy and creates jobs. Most politicians by contrast tend to be lawyers with little or no understanding of business. As such, some of these career politicians went on to draft and enact job killing taxes and legislation which lead to the highest rate of unemployment and poverty since the Great Depression. It is interesting to note that Make America Great Again was also used as a motto by another Washington outsider and patriot, Ronald Reagan, the 40th President of the USA whose policies resulted in the prosperity of the 1980’s.

The 2018 Midterm Elections

Crying Hillary

After the crushing defeat of Clinton in 2016, and the appointment of two Supreme court justices, critics of Trump swore revenge and promised a Blue Wave was coming that would sweep the House and Senate making the way for impeachment.  Liberals see Trump as the enemy of America, which is about as far from the truth as one can get. Again, beliefs are NOT the same as facts. Many things that people believe have little basis in fact. There are people who believe in Global Warming despite the lack of evidence to support those beliefs.  There are people who believe in gender inequality wage gaps despite evidence to the contrary. There are people who believe in space aliens and UFOs, yet no one has even encountered little green men from Uranus.

Disgruntled voters often use midterm elections to punish the party in power. The president’s party has lost an average of 32 seats in the House and two in the Senate in almost every midterm since the American Civil War. It’s a time tested fact, and was a given that this would happen. Trump campaigned hard to save the senate and had truly inspiring rallies in battleground states. Due to ‘The Trump Effect’ his support led to the victory of 9 out of the 11 candidates he endorsed. In comparison, not one of the candidates endorsed by Obama for the DNC won. Not one.

I work at my polling place. I can tell you for a fact that I personally witnessed record turnout for a midterm election. It was almost as busy as the 2016 presidential election. We had long lines at 7am waiting at the door. We had the highest numbers of absentee and provisional voters I have ever seen. The DNC had a poll watcher on site almost the entire day, scrutinizing our list of voters and phoning every Democrat in the district. We had an incredible 58.8% voter turnout. The vast majority voted Republican.     

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“It was a big day yesterday. An incredible day. And last night, the Republican Party defied history to expand our Senate Majority while significantly beating expectations in the House for the midtown and midterm year. We did this in spite of a very dramatic fundraising disadvantage driven by Democrats’ wealthy donors and special interests, and very hostile media coverage, to put it mildly. The media coverage set a new record and a new standard”. – Donald J. Trump

In the House, seats that were lost tended to be held by ‘Never Trumpers’ and RINO Republicans. The derogatory term RINO is an acronym for Republican  In Name Only, and refers to politicians who vote contrary to the GOP platform.  The GOP and President Trump are much stronger without these lukewarm associates. Many of the DNC candidates like Alexandria Ocasio Cortez of NY who defeated her GOP opponent are brand new to politics and have no record to stand on. The 29 year-old former bartender turned State Representative is the youngest woman ever elected to Congress, and since winning has complained that she won’t be able to afford her rent in Washington D.C. Her new salary as a representative will be $174,000 a year. That’s four times what I earned when I was her age, and I had money to spare despite eighteen months of personal tragedies that racked-up $50,000 of debt. If she can’t even handle her own finances at 29, what qualifies her to handle fiscal policies for the entire state of New York?      

After the Midterm election results were announced, again the major stock indices rose. The only ‘Blue Wave’ which appeared on Election Day was the one which swished around the bowl when the toilet was flushed.  By contrast, a Red Wave appears to be looming for the next Presidential Election in 2020 which promises to be a landslide more epic than the 1984 re-election of Ronald Reagan. If you are one of the unhappy anti-Trump people, I assure you that the world is not ending, that whatever dystopian horror you think you are living in is NOT real, and that your information is wrong. Reexamine your information, actually listen to what the man says when he speaks, instead of questioning everything he says without hearing a word. Trump is good for America, and America is a great country to live in. Trust me on this. I want everyone to be happy and successful, and that’s why I sacrifice my Sunday leisure time each week to bring you these articles.   Socrates claimed that “the unexamined life is not worth living” because only in striving  to know and to understand ourselves do our lives have any meaning or value. Your life and your personal happiness belong to you and you alone. As Always, I wish you success and happiness.

The Path to Prosperity!

Keeping America Great!

The Path To Prosperity

An Editorial opinion–

“Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.” ― Thomas Sowell, Knowledge And Decisions

Full disclosure, I am a conservative Republican and Christian, and I fully support President Trump. 

We the People of the United States

Tuesday November 6th 2018 is Election Day in the USA this year. Registered voters will be voting across our great nation to elect representatives to legislate on our behalf. With the power of our votes, we have the ability to support or change the current socio-economic state of our country and pass on to future generations a country we believe they will want. Because our votes are crucial to this process, it is imperative that we fully understand the ramifications of our political views, and how they are shaped.  In the USA, our capitalist economy, our religious freedoms, and the laws of our land are all entangled forming a tightly interwoven way of life. Changing one aspect threatens the other two legs of the platform, and many uneducated persons are in danger of making ill-conceived decisions based upon poor information.

“The problem isn’t that Johnny can’t read. The problem isn’t even that Johnny can’t think. The problem is that Johnny doesn’t know what thinking is; he confuses it with feeling.” ― Thomas Sowell,  noted economist

in Order to form a more perfect Union

Ayn Rand was a Russian-American writer and philosopher who wrote two best-selling novels, The Fountainhead and Atlas Shrugged. She was an atheist with little use for religion. Although her fiction is interesting and some of her ideas have merit, she really didn’t understand people much because she lacked the critical spiritual component needed to fill the God-shaped hole ever-present in the hearts of man. Although she passed away in 1982 at the age of 77, many libertarians, and some  right-wing conservatives are still intrigued by certain aspects of her personal philosophy, which she termed ‘objectivism’. Objectivism is fully secular and absolutist; it is neither liberal nor conservative nor anywhere in between. In a perfect world,  objectivism might work, but we do not live in a perfect world. Nevertheless, she had some good ideas. She supported laissez-faire capitalism, believed facts were facts independent of a person’s feelings or wishes, felt that reason was a man’s basic means of survival, and held that we ourselves were responsible for perusing our own self-interests and happiness.

UNFORTUNATELY,  many people today lack the discernment needed to sail through the vast sea of information, and lack the skill to avoid being blown off course by the hot air and smoke of certain politicians and entertainers as they try to steer for those islands of reason. Truth is always true, and it can stand up to criticism. If it is YOUR ‘truth’ and you have no evidence to back it up then it is not truth, but rather your feelings based on an emotional response.  As long as you continue to make snap emotional decisions to immediate problems, you will continue to make the wrong choices and will suffer greatly in the long term. I can’t tell you who to vote for, or what to believe, I only ask that you examine your convictions to see why you believe what you believe, and be certain that your ideology is fact based. The road to Hell is paved with ‘good intentions’.

“Socialism is a wonderful idea. It is only as a reality that it has been disastrous. Among people of every race, color, and creed, all around the world, socialism has led to hunger in countries that used to have surplus food to export…. Nevertheless, for many of those who deal primarily in ideas, socialism remains an attractive idea — in fact, seductive. Its every failure is explained away as due to the inadequacies of particular leaders. ” 
― Thomas Sowell

Establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity

Our government is based upon three principals:

  • Inherent rights:  Rights that anyone living in America has.
  • Self Government: Government by the people.
  • Separation of Powers: Branches of government with different powers.

It is NOT the job of the government to run businesses, provide welfare subsidies, or redistribute wealth. Your ‘feelings’ are not the concern of the government.  Its only job is make sure that its citizens are safe, healthy and prosperous. Citizens have a legal right to live in this country,  Illegal immigrants do not. If they entered this country illegally, they do NOT belong here. A country without borders is not a country.  This is a great country and we have the freedom to live as we chose and pursue our own interests.  There is no reason to be poor in this country where every opportunity is available for you to pursue. BUT YOU HAVE TO DO IT, no one can make you do the right thing. According to a report by the Brookings Institute ( https://www.brookings.edu/research/work-and-marriage-the-way-to-end-poverty-and-welfare ) published in way back in 2003, if you don’t want to be permanently poor in this country, you only have to do three things:

  1. Finish High School
  2. Get a job
  3. Don’t have children out of wedlock.

The only thing preventing you from being successful is you yourself. Don’t blame anyone else for your bad choices.   If people don’t agree with you, it’s called disagreement, not hatred, sexism, or  bigotry. Mature adults don’t insult or attack people who disagree with them. 

This Tuesday I will be voting straight Republican. I’m doing this because I fully support the current President, and totally agree with him 100%. In the past two years since he won the 2016 election, my net worth has skyrocketed. To give a comparison, my investment gains since Trump became president less than two years ago  have nearly equaled the total gains earned over the entire 8-year Obama administration.   I dare you to tell me the economy is not booming.

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I am financially stable, I am debt free, I have cash on hand to do with as I please. This includes charitable giving and I am not bragging when I say I willingly donate thousands of dollars each year to worthy Christian charities, and other concerns.

If you are jealous of wealthy successful people, you are in serious need of a reality check. I grew up poor and worked hard for everything I have. I was not poor because someone else was rich. Wealthy people create jobs and opportunities for others, they don’t take them away. There is no ‘white privilege’, no ‘glass ceiling’. They are just figments of the imagination created by the real enemies who want to destroy this great nation.  Don’t allow yourself to be misled by their lies. You can rise to greatness   if and only if you wholeheartedly decide to.

This coming election, ( as well as all future elections ) is about safety and prosperity. President Trump has Made America Great Again, and we now have the lowest unemployment rate in the history of our country and things are getting better every day. On Tuesday November 6th 2018, you need to make the correct decision and vote Republican, it is the only way to keep our citizens safe, prosperous, and free. For the sake of our freedom and for future generations we need to keep the momentum going and Keep America Great.  As Always, I wish you success and happiness.

Be American, Buy American!

Is there really a trade war?

When I was much younger, there was a period where I lived with my aunt Arleen and uncle John. This is a long story, but the short and simple version is that my mother couldn’t even take care of herself, let alone me. My uncle John was a retired union employee. A popular slogan used in advertising at the time was ‘Look for the Union Label’. This was meant to encourage consumers to buy not only domestic goods, but domestic goods produced in union shops which supposedly provided better conditions, benefits, and higher wages for employees.    

My uncle had a coffee mug which I really, really liked. The mug had pictured upon it The Great Seal of the United States (used to authenticate certain documents issued by the U.S. federal government), and the phrase ‘Be American, Buy American!’ But, in tiny print under the last word was printed ‘Made in Japan’.  It was a novelty mug meant as a gag, but I laughed so hard the first time I saw it, that it stuck with me all these years.

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Nowadays, cheaply made products come to the USA more from China than from Japan. We import goods nationally to provide alternatives to local varieties, or to give consumers an item not locally produced, for instance Australian  Vegemite  or its cousin British Marmite.  I like them both, but they are strictly foreign goods and sometimes hard to come by, as well as expensive.

Consumerism is driven by both supply and demand,  as well as wants and needs. I may want Vegemite, but I don’t need it. And if it’s in low supply and priced quite high, I’ll settle for the lower costing Marmite which is more readily available. In the case of similar products both in high supply, it comes down to preference. Bottom line, you can have anything you want in the world, as long as you are willing to pay the price.

Which brings us to such topics of importing, exporting, free-trade, and tariffs.

 Importing and exporting are easy enough to understand. We export or ship-out goods to foreign countries where there is demand for the good, and at the same time import exotic items like Vegemite and Marmite from overseas. It gets trickier when the items are ‘the same’ though.  I might be tempted to buy a foreign good over a domestic good if the foreign product is significantly cheaper.   If free trade exists between countries, a foreign country which can produce goods at a lower cost can flood the other country with its goods.   This is where tariffs or duties come into play. A tariff is a tax imposed on a foreign good. Tariffs are bad for consumers. They are mostly good for domestic companies, and the government.     Tariffs increase the cost of foreign goods and decreases consumption of the lower priced import. Let’s say the US decided to slap a $5 per jar import tax (tariff) on Marmite, raising the cost from $5.99 to $10.99. The one jar a year I currently buy would drop to ZERO. I REFUSE to pay that much for a mere 4.4 ounces of something I like, but don’t necessarily need.

Types of tariffs

There are five main types of tariffs, protective, prohibitive, specific, ad valorem, and revenue:

  • – Protective Tariff:  These push up the price of imported products as a protective measure against foreign competition.
  • – Prohibitive Tariff: the tax is so high that it makes an import far too (prohibitively) expensive.
  • – Ad Valorem – the tax applies to a percentage of the imported good’s value. For example, an ad valorem of 10% would mean that a product costing $100 would sell in the market of the importing country for $110.
  • – Specific Tariff: A tax is levied on the specific amount – which could be the good’s weight, number, or other measurement.
  • – Revenue Tariff:  Imposed solely to raise government income rather than to protect domestic producers.

In each of these cases, the consumer will pay more for the good, or discontinue its use all together and the only one really benefiting is ‘The Tax Man’. Taxation is theft! 

“Taxation is theft, purely and simply even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to match. It is a compulsory seizure of the property of the State’s inhabitants, or subjects.” ― Murray N. Rothbard

 FREE TRADE

NAFTA, The North American Free Trade Agreement is the largest free trade agreement in the world. It was negotiated by three US presidents (Regan, Bush, and Clinton) before it was finalized and signed in  1993 by President Bill Clinton. NAFTA became law January 1, 1994.

This is great for consumers in North America because it keeps the costs of goods low. But with free trade, if a product can be produced cheaper in a foreign country, there is no need for local production.  This resulted in a loss of US jobs when companies like HERSHEY CHOCOLATE shifted production to Mexico where non-union labor was much cheaper.  (Unions, like tariffs can also kill local production, but that’s another topic altogether.)  If a company can import a product cheaper than they can produce it, and still turn a profit, they will shut down plants, slash jobs, and shift their business model from producing to simply shipping. Business is business. Here’s your pink-slip, nothing personal.  

So it falls back to the consumer to ‘vote with their wallet’ if they want to protect American jobs and products. If you like a band and want to see it flourish, buy it. If nobody buys the products a company produces, they will either change their products or cease operations. Successful business rarely shut-down overnight without some long-standing cause.  Many times there is an American made item that is comparable to the foreign produced good. Often the cost is same, but occasionally even  a little cheaper. Sometimes not.  Many domestically produced goods will sport an American flag and proudly proclaim made in the USA.

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I buy Pepsodent toothpaste, Pennsylvania Dutchman Mushrooms and often check the country of origin. If it’s made in the USA, I’ll buy it over a foreign brand. Even if it’s just assembled in the USA, it still means American jobs. If there’s no readily available domestic equivalent, I will only then purchase the foreign import.  For me, it’s patriotism and I have the means to support my spending habits.  I do understand that there are many cash-poor people in my country for whom every penny counts, and they MUST buy whatever is cheaper, but if you live in the USA and you are in a financial position where you can support the US economy by purchasing goods made in the USA, I encourage you to do so. The job you save may be that of a friend or relative. There are many companies online that sell US made products like  http://madeinusaforever.com/ for one.  

As for the manufacturers of Marmite and Vegemite, no worries mates. 

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As always, I wish you success and happiness!