It’s been a while since I have talked about a Campus Reform video, but their latest one is quite intriguing.
Campus Reform’s Addison Smith went to Georgetown University in Washington D.C. to ask students their thoughts on higher prices due to inflation affecting Thanksgiving.
He began the video by talking about how “Last year, Americans enjoyed the least expensive Thanksgiving dinner in decades. Just one year later, and on the heels of sky-high inflation, reports warn that this time around could be the most costly Thanksgiving feast in American history.”
One year is all Brandon needed to take us from the cheapest Thanksgiving ever to the most expensive one. I’d be impressed if I weren’t so pissed.
At any rate, throughout the video, Smith asks the students their thoughts on the rising prices, inflation and the economy in general. And while many largely weren’t paying much attention to these things, everyone ultimately agreed not only that inflation is pretty bad right now (particularly after being told that the price for Turkey is up 22% and gas is up 50% since last year), but that the situation was better under President Trump than under Brandon. Even one who didn’t want to admit this to be true couldn’t deny that it was true.
This is particularly bad for Brandon given that college students tend to be Leftists, or at least rather liberal, and typically vote for Democrats. Not ONE of these students could deny that Brandon has made things worse in the months that he has illegitimately been in power. This is rather reflective of the awful poll numbers even Leftist polls show for the child predator.
But the fake news media, as I have said in a previous article, will either minimize the damage of the Bidenflation we are seeing or will outright gaslight you into believing that things are going well. MSNBC’s Joy Reid has somehow managed to do both.
In one of her latest segments, Lying Joy Reid made the claim that inflation was just a “buzzword bandwagon” by Republicans, adding that the GOP wants people “to believe the economy isn’t doing well, that’s terrible. But, in reality, unemployment is at its lowest point since before the pandemic began,” and absurdly claims that that it’s okay that “prices are higher” because “Americans are also spending a record amount of money that was pent up during the pandemic, which economics 101 will tell you drives prices up, aka inflation.”
This idiot is really out here trying to tell us that we have inflation because people are spending more money and that creates inflation. That we have inflation because we have inflation.
What, there is high inflation and Americans are spending a record amount of money? I wonder if those two things are related in any way. Hmm.
But it’s not just that bit of idiocy that made up her moronic segment. After claiming that it’s okay that we have inflation because Americans are spending more money and unemployment is the lowest since the pandemic began (tens of millions lost their jobs, so this is far from an accomplishment. Not to mention millions are not even looking for work anymore because they either adapted to a new/better source of income or are content with dependency on government stimulus, so the real unemployment rate is far higher than these people claim), she then went on to blame AMERICAN CONSUMERS for the lowest consumer confidence in a decade and for believing that we are in a bad economy.
“[T]hat conflict between how much we want to spend and what we can get into our hands quickly is contributing to how pessimistic many Americans feel about the economy. Consumer confidence is its lowest in a decade.”
So it’s people’s fault that they think we have a bad economy, not the fact we have a bad economy. People want to spend their money and are disillusioned by the fact prices are much higher than under Trump, and it’s THEIR fault?
Hilariously, she then goes on to say: “So – so, the economy isn’t bad. It’s just that people are mad because everything is late and things cost a little bit more.”
Yeah, things being late and costing more is a sign of a GREAT economy.
And if that wasn’t enough, she then goes on to claim that the only reason this is happening or that we’re even talking about it is because… get this… Republicans want to get back in power.
Right, because one couldn’t make the same claim that the ONLY reason Leftist hacks like Reid are making all these claims is because they want Democrats to remain in power.
Make no mistake, that really is the only reason they are saying all this. They see how much Brandon is fumbling the bag, how unpopular he and his borderline-prostitute of a VP are, and how screwed the Democrats are for 2022.
So they lie and lie and lie, as they always have, to get the result they want. The economy was doing fantastic throughout Trump’s tenure (so much so that Obama repeatedly tried and failed to take credit for it), and they largely couldn’t attack it until the pandemic began. But any rational person could tell that the economy started doing poorly because of the decisions by governors and local authorities to shut everything down.
Now, Brandon doesn’t get that as an excuse. States have been open/opening back up for months now, even the deep blue ones. There is still insanity surrounding the virus, but the reason this is such a bad economy is because of Brandon’s own disastrous policies and the Democrats wanting to spend trillions upon trillions of dollars.
Odd how last year, under rather similar circumstances regarding the virus, we weren’t seeing such awful inflation rates. So the college students are correct in their assessment that things were better under Trump.
The biggest difference between this year and last year is who is at the helm. And we have a senile child abuser who isn’t even allowed to take any questions from the press apart from pre-approved ones leading this country (illegitimately at that).
One of the students in that Campus Reform video said that she was planning to go to Miami over Thanksgiving. Assuming she’s going to drive there, that is over 1000 miles of travel taking the shortest route. And that’s just on the way there, nevermind on the trip back. That girl is going to be spending a LOT of money on this trip just on gas alone, not to mention the food and other basic travel necessities she has to buy which have also had their prices gone up because of the Brandon administration.
But since Lying Joy Reid is rich, she doesn’t have to worry about inflation at all and has the gall to tell other people that they shouldn’t either.
“Let them eat cake”, as the saying goes of the out-of-touch jackasses.
“For they will soon fade like the grass and wither like the green herb.”
The Left not knowing how economics works is not exactly a big secret. By and large, they often prove that they don’t know anything of how it works and no amount of economics degrees or awards will disprove that. So it shouldn’t come as much of a surprise to see an MSNBC host making an exceedingly stupid comment regarding the economy.
During a segment on her show, Stephanie Ruhle made the following comment: “The dirty little secret here, Willie, while nobody likes to pay more, on average we have the money to do so. Household savings hit a record high over the pandemic. While the stock market isn’t the economy, you have over half of American households with some investment in the markets and the markets have hit record highs.”
In essence, she’s saying that it’s okay that you have to pay more for your food because you have the money to afford it… completely ignoring just what inflation does to money.
While we are FAR from Venezuela’s, The Weimar Republic’s, and other socialist countries’ inflation rates, the fact is that your dollar is worth less now than it was a year ago, which is why you see higher prices on store shelves (and other problems abound, such as a supply-chain problem).
So sure, people can usually afford to still pay for some things, but the “dirty little secret” about inflation, which really isn’t a secret at all, is that it leads people to be more conservative with their money. With their money being worth a bit less, they will want to save more, so they forego buying things which they don’t think are all too necessary for them at the moment.
Which can even make things worse because if fewer things are being bought, the retailers and producers need to make up the difference somewhere, so they either hike up prices even more or cut costs wherever they see fit, either in quality of product, quantity of product or lay-offs, of which there were plenty because of Leftist jackasses insisting that only SOME people’s jobs were “essential.”
Comments like the ones by Ruhle not only show the utter ignorance of the Left, but their unabashed bias. In essence, she is minimizing inflation because we all know on whom the responsibility lies. And with Brandon’s administration already well underwater because of recent events (including the inflation these deceivers are trying to minimize and even claim is a GOOD THING in some cases), the fake news media can’t afford to report on the bad things happening with any semblance of objectivity because the objective reality is that Biden is awful.
And the arguments made by Ruhle as to why the economy is *akshually* doing great are idiotic.
Household savings increased because EVERYTHING WAS SHUT DOWN. Not to mention that it’s odd she would argue that the economy is doing well with household savings from last year as a metric because Trump was still in the White House last year. If she’s trying to say that the economy during the pandemic has been good based on a metric from last year, she’s conveniently forgetting that she can’t credit the Brandon administration for that one in particular.
Secondly, the market was just about the only other place many Americans could receive income from, you know, because ghouls like YOU, Steph, insisted that people NEEDED to lose their jobs “for the common good” in keeping people “safe” from the virus. Oddly, more people have reportedly died from that same virus this year than last year, but your guy is in office, so there’s no need to talk about it anymore, apparently.
Lastly, markets hitting record highs has NOTHING to do with the Brandon administration. If anything, they are hitting record highs IN SPITE of him and his goons.
The market made a quick recovery in 2020. For it to continue to go up is due to a number of reasons (among which being multiple states and countries opening back up), absolutely NONE of which include the fact that the illegitimate child predator is occupying the Oval Office.
The idea that it’s okay that there are higher prices for things because “people can afford them” is emblematic of the following meme structure: Tell me you don’t know how inflation works without telling me you don’t know how inflation works.
Inflation means that your currency becomes less valuable. In a previous article, I talked about how cash was literally disappearing from Venezuela.
In that article, I mentioned that there were long lines being formed outside of banks in Caracas, hoping to withdraw the maximum limit of 400,000 bolivars. An idiot Leftist might think that that’s great and that means that just about everyone in Venezuela is a millionaire or billionaire (another thing which I have previously talked about), but in reality, 400,000 bolivars is worth around 20 cents (though maybe a bit more, with our inflation being worse now than back then).
With bolivars being as worthless as they are, people turned to using them to make handbags to sell outside the country. Bolivars are so worthless, they are worth more as the fabric that they are made from than as the currency it’s meant to represent.
This is with hyperinflation rates never before seen in the U.S., but that’s beside the point. The point is that with inflation, your money becomes less valuable. So the idea that “people can still afford to buy more expensive stuff” is not only asinine, it’s outright ironic. If it gets bad enough, you can get to the point where you’re spending a good bit of your money on basic things.
In the other article I brought up earlier, I mentioned that in order to purchase a little more than half a pound of the cheapest ham and cheese one could find, one would have to pay over 600,000 bolivars.
“But if 400,000 bolivars is roughly 20 cents, then 600,000 bolivars can hardly be much more, probably not even a dollar,” the Leftist might argue. Maybe, but that’s irrelevant because I also mentioned in that article that 600,000 bolivars is three-fourths of someone’s monthly salary at minimum wage.
With all the talk from the Left about how minimum wage isn’t a “livable wage” in the States, imagine how much less livable it is in a country where someone can barely afford the cheapest ham and cheese with a whole month’s worth of salary (and this is discounting all the other expenses they would have to make).
With such worthless currency, they would naturally have to seriously consider foregoing buying ham and cheese (and in most cases, actually do so). They might see it as luxury food.
And that’s why Ruhle’s comment is so idiotic. Anyone who is remotely knowledgeable of economics and inflation could tell you that it’s not good to have high inflation or hyperinflation. Again, we are far from the economic state that Venezuela is in, but there are people in the States who do have to adjust what they have to buy and how much of it. This impacts them negatively, and telling them that it’s not a very big deal or that they should just suck it up because “you can afford it” is ignorant, belligerent and short-sighted.
Not everyone is as rich as you, Steph. So it’s definitely not true that the “dirty little secret” is that people can afford higher prices. For many, they literally can’t. Not if they want to pay for other things which they might consider of higher importance.
And this is why so many people can’t stand the fake news media. It’s not just that they lie to people, they HATE the people they are lying to and see nothing wrong with them suffering economically. At least, not if they suffer economically during a Democrat administration. They destroyed Bush because of the recession (not that he had nothing to do with it) and tried to do the same with Trump during the pandemic mini-recession.
Now that their boy is in power, however, the economic trainwreck he’s causing will not only be minimized, it will be PROMOTED as something good in some cases. At best, they just decide to utterly ignore it or shift the blame.
They are annoying liars and a pest to this country.
“’There is no peace,’ says the Lord, ‘for the wicked.’”
I have written many articles not only about how awful socialism is, but also about how socialism has been destroying, and will continue to destroy, the once prosperous, oil-rich nation of Venezuela.
And most recently, I even wrote an article that suggested that Venezuela was moving away from socialism. So, if that’s what’s happening, why are economic problems still ravaging the country? Well, two reasons, really. First, I wrote that article only about a month ago, so things don’t tend to change that dramatically that quickly. Second, I wrote that they were turning away from socialism, not that they were turning toward capitalism.
I pointed out how, in their transferring of regulatory power to companies allied to the Venezuelan government, they are acting more like post-Soviet Russia: Oligarchy, not capitalism.
If they were turning to capitalism completely, THEN, they would see great economic return very quickly.
But in any case, let’s focus on what’s happening there at the moment.
Reuters reports that Venezuela is running out of physical cash as Maduro is seeking to speed up the implementation of digital currency called “digital bolivar”.
“Venezuelan President Nicolas Maduro is pressing banks to implement digital payment systems as hyperinflation prompts chronic shortages of cash in the bolivar currency, three people familiar with the talks told Reuters.”
Maduro is targeting the public transit system in particular since roughly three-quarters of all circulating cash is spent there.
Annual inflation is hitting nearly 3,000%, which is at least better than the peak of 10,000,000% back in 2018 but obviously, it is still carrying plenty of issues for the people of Venezuela. Long lines are forming outside of banks in Caracas, where residents are hoping to withdraw the maximum of 400,000 bolivars, which sounds like it’s a lot of money, but it’s barely anything – the equivalent of 20 U.S. cents.
Reuters reports: “Venezuelans have stopped using cash bolivars for food and many other day-to-day purchases. It would take forty bills of 50,000 bolivars to buy 1 kilo (2.2 lb) of rice. Instead, many use U.S. dollars in cash or debit cards – sometimes backed by U.S.-dollar accounts at local banks.”
“In a sign of worsening cash shortages, the central bank on March 5 announced it would begin to issue bills worth 1 million bolivars each. Even that would be worth just a handful of [bus] rides.”
Those 1-million bolivar notes would currently be worth only 50 U.S. cents at best, as hyperinflation, especially as more of those 1-million bolivar notes are printed, would naturally lead to even that amount of money to be worth less and less.
But cash isn’t only disappearing in terms of worth in Venezuela. Physical cash is also literally disappearing in the country. Reuters reports that only 2% of Venezuela’s total money supply is currently in circulation, which is down from 7% just a few years ago.
This makes sense, seeing as Reuters noted that Venezuelans have largely stopped using the bolivars to buy food, opting instead to use U.S. dollars, and 75% of the bolivars are used for transit fare.
The cash is worth so little that people literally make bags and purses out of the money to try and sell them outside their country. You can find listings of such products on Etsy for around $60.
Funnily and coyly enough, Nicolas Maduro admitted to cash disappearing in an interview earlier this year, saying: “Yes, it is disappearing. For Venezuela that is a big advantage.”
Of course, he did not go on to explain how or why that was an advantage at any capacity, because everyone, including him, knows that he is utterly full of crap. Like socialists tend to do, he lies to his people and tells them that the poor economic situation is actually “a good thing” or “puts us at an advantage”.
I’ve shared this story before, but I feel it’s worth repeating here.
Back during the Falklands War between Argentina and the U.K., the Argentine government would often report to its citizens about how they killed this many English soldiers or they took this much amount of ground, etc. If you were living in Argentina during this war and your only source of information was the Argentine media, you would believe that Argentina (which had not fought anything resembling a real and direct war in over 100 years) was kicking British butt. Just 10 weeks after the war started, it ended in Argentine defeat.
Again, if you were just consuming the Argentine media, you were led to believe Argentina was winning against the Brits (specifically, the British Navy, which is even more unbelievable), only to find a few weeks later that your country just lost the war and the Falkland Islands (which were called “Las Malvinas”) remain a British colony. All lies, which is no different from what Maduro is doing.
The only difference, perhaps, is that the Venezuelans likely aren’t buying the crap Maduro is selling because unlike Argentine citizens during the Falklands War, the Venezuelans are actually and routinely seeing the “advantages” of this socialist economy.
Even the Argentine soldiers were led to believe some of the crap the government was spewing. Juan Guerrera, a then-18-year-old Argentine soldier in the Air Force told The New York Times in 1982 “Nobody has explained to us why we lost. I think they should tell me what happened. Maybe I was a bad soldier. I don’t know. But I need somebody to tell me what we did wrong.”
So for anyone who understands how these socialist-type government leaders work, the crap that they spew is easily recognizable.
There is no advantage for Venezuelans that cash is literally disappearing. It’s disappearing, in part, precisely BECAUSE of the hyperinflation that the country has been going through for years thanks to the socialist and idiotic belief that printing endless amounts of money is the solution to all economic woes.
Even at home here in the U.S., there are people who are dumb enough to believe that the country is incapable of running out of money.
Clearly, such people have never heard of the Weimar Republic, where the highest inflation rate was 29,500% (for perspective, Fed Chairman Powell has to try to calm the markets about a possible 2% inflation rate in the coming months), or Yugoslavia in the mid-1990s when highest monthly inflation rate was 313,000,000%, or Hungary in the 1940s, when highest inflation rate was 13,600,000,000,000,000%. That’s 13.6 quadrillion percent. According to CNBC, prices were doubling every 15.6 hours in Hungary during that time.
At one point, Hungary even had a denomination bill of 100 quintillion pengo.
So the idea that the government can endlessly print money without any worries is something that many countries have tried and all of them have seen its catastrophic results. Venezuela is merely one of them and it’s not even the worst case. Again, the peak for them was 10,000,000% inflation rate in 2018. Yugoslavia in the 90s and Hungary in the 40s would both kill for 10 million percent inflation rate. But all of them, to different capacities, have suffered greatly and excruciatingly because of the erroneous belief that the government is incapable of running out of money.
Venezuela is seeing this first hand right now and, again, their physical cash is worth so little that they are better off making handbags and purses out of them and selling them outside the country than actually using them to buy things.
This ought to be a major warning for any and all countries who think hyperinflation is no big deal or that socialist policies which are misguided at best such as endless money printing is not only achievable but beneficial. History has proven to those who pay attention to it that such policies not only don’t work and are unobtainable (endless physical cash requires endless use of paper which means endless cutting down of trees, so this is a bad idea even from an environmental standpoint) but are altogether detrimental in horrible ways for the people of those countries.
Learn from history, or you’ll be doomed to repeat it, as they say.
“The way of a fool is right in his own eyes, but a wise man listens to advice.”
Back in late May, I wrote an article about a top Obama economist predicting that the U.S. would see the “best” “economic data” in its history in the few months preceding the 2020 election. Some economists even predicted the economy to make a “V” shape following the heavy downturn as the pandemic hit and lockdown measures were put into place. Seemingly, the economists were right.
For the months of July, August and September, aka the third-quarter, the GDP grew at an unprecedented 33.1% annualized rate, which is utterly record-shattering. For reference, the previous post-World War II GDP record was in the first quarter of 1950 when the GDP grew at 16.7%.
Unsurprisingly, President Trump’s campaign celebrated this achievement (particularly as it’s so close to the election), saying in a statement:
“This record economic growth is absolute validation of President Trump’s policies which create jobs and opportunities for Americans in every corner of the country. The President built the world’s best economy once and he’s rapidly doing it again, proving that cutting taxes and reducing regulations and red tape clear the way for American ingenuity and our entrepreneurial spirit to thrive.”
“We have regained more than half of the jobs lost to the global pandemic in less than six months, while it took more than two years to regain half of job losses from a recession while Joe Biden was in charge. President Trump will continue to safely reopen the country, while Biden is the candidate of lockdowns, inviting another economic shutdown which would devastate working people and cause even more health problems above and beyond what the coronavirus has caused.”
The campaign also noted that Joe Biden “has been an economic disaster for nearly five decades in Washington, backing disastrous trade deals and putting China’s interests ahead of American workers. Biden’s plans for a $4 trillion tax increase and Green New Deal regulations on every person, business, building, and farm in the nation would kill this recovery while it’s already in full swing. For voters, the choice is simple: It’s a Trump boom versus a Biden depression.”
Director of the U.S. National Economic Council Larry Kudlow also gave great praise for these numbers:
“We’ve never had anything remotely close to this. And let me add, this thing was kicking on all cylinders. Automobile production, for example, up over 1,100 percent in the third quarter, big numbers on consumer spending, big numbers on housing, big numbers on capital equipment machinery and manufacturing and so forth.”
He also noted that inventories were depleted, “so inventories are going to be rebuilt. This quarter the momentum is going into the fourth quarter and will go into 2021, assuming policies are good. This is not a one time in fact this is going to go on. It’s a strong, strong recovery. The V shaped concept that I coined a while back, looking pretty good right now.”
While we are still not quite where we were before the pandemic hit, we are by far the closest to those levels out of any major country which has been severely affected by the Chinese coronavirus.
Comparing the U.S. with all European countries, we are definitely doing the absolute best out of everyone.
Italy is still at -11.2% from where they were economically before the pandemic hit them. Spain is at -10.9%. It’s no coincidence that these are also two of the hardest hit countries in Europe, but consider that the U.S. is number one in number of cases and deaths, with a far bigger population.
The Left can say whatever nonsense statement they want about Trump’s handling of the virus, but I am GLAD that I do not live in these poorly-run nations which are still locking people down and looking to impose even heavier lockdowns.
Out of all European nations, Poland is the closest one to being at pre-pandemic levels, and still, they are behind us at -4.6%.
This, frankly speaking, says plenty about how well Trump is doing at handling the virus and the economy as a whole. Keep in mind that these are the economic numbers we are seeing with states like California and New York basically being tied behind our backs.
In other words, these are the numbers we are seeing WITHOUT two of the most economy-influencing states in the country. New York used to be the financial capital of the world (it ain’t coming back until New Yorkers get rid of the economic policies that the Democrats have implemented which have destroyed the state) and California is also a massive financial center due to Silicon Valley and Hollywood, as well as other things.
Those two states are still imposing huge lockdown measures. Now imagine the numbers we’d be seeing if every state was fully open today. I could hardly imagine how well we’d do, but I believe we would easily get back to either meeting or exceeding pre-pandemic levels.
Also, while in the second quarter a lot of Leftists were blaming Trump for the GDP plunging some 30 percentage points (really, it was 9 points, which is still bad but nowhere near as bad and also it was pretty understandable given the circumstances), I have yet to see any Leftist giving Trump credit for the economy climbing back 33.1% in the third quarter (annualized rate, 7.4% quarterly). While the economy fell 9 points in Q2, it grew this quarter by 7.4. We are still not out of the woods, obviously, but we easily would be if the aforementioned states were reopening as opposed to looking to extend the lockdowns and telling people how many family members people can have for Thanksgiving.
At any rate, we are seeing the “V” shaped recovery that economists were expecting some time ago. It happened a little later than expected, perhaps, but happened nonetheless and this is largely because of the great policies that Trump has implemented (which led to the original economic boom for the first three years of his presidency) and because of some states coming to their senses and realizing that they have to re-open.
And following the election, provided that Trump wins again, we will see these great numbers continue and even improve henceforth. The Democrats will have no real reason to continue with the lockdowns if they are no longer helping them against Trump (they never did help them in that regard, but following a Trump win, they would come to realize this).
The media might still continue reporting on the virus just to have some ammo against Trump (and because Trump keeps saying that they will stop talking about it altogether after he wins, so they will be tempted to “prove him wrong”), but they will move on to other things to try and hurt him. If Trump wins again, their only option for getting rid of him will be through impeachment and removal, so they will begin cooking up another scheme which will undoubtedly fail if they do not have enough votes in either chamber.
So if Trump wins again, prepare yourselves for another round of impeachment b.s., this time for the next four years.
At any rate, it is fantastic that we are seeing these numbers, particularly so close to the election. Trump is rebuilding this economy and we will see even better numbers next quarter and especially the one after that, provided that California and New York (and other states) begin fully reopening.
Here’s hoping Trump wins again so that we may continue the economic boom where we left it off at the beginning of the year.
“Commit your work to the Lord, and your plans will be established.”
2020, as I have said in the past, has been a very rough year for everyone. For a time, tens of millions of people lost their jobs or they were furloughed and many small businesses went under, with few being likely to recover, while mega corporations have only grown as a result. However, the economy is making a comeback, and perhaps the biggest indicator of this, at least for the foreseeable future, is the stock market.
The markets usually work as a foretelling of the future, based on what people in the markets think will happen soon. It’s not an exact science, of course, but the big dips in the market in the earliest months of the year foretold the economic trouble we would face soon after, but now, the markets are back, with some hitting new record highs and mostly or completely wiping out the losses throughout the pandemic.
An economic recovery certainly helps Trump, much to the dismay of the Left who were salivating at the idea of a ruined economy for a chance to get Biden (or Harris) elected and finally bring America down. We are seeing an economic recovery right now, even as things still aren’t quite to how good they were pre-Chinese coronavirus, and this sort of recovery spells good news for a Trump re-election.
According to The Socioeconomics Institute, Trump has an 87% chance to win re-election if the market is above 28,052 on Election Day (Nov. 3rd). For the record, before the pandemic hit, the Dow Jones was at 29,500 and bottomed out at 18,591 on March 23rd.
Now, while a lot can happen in between now and November 3rd, as I have been saying all along, the current economic future looks bright, provided there are no major surprises that blindside us. Even the momentarily terrifying reality of two hurricanes hitting the states at the Gulf of Mexico has sort of dwindled as the two super storms have weakened over time.
But provided that nothing majorly bad occurs, Trump is in good position to win, according to the model. As it stands, the Dow Jones is hovering around 28,600, roughly a thousand points shy of the prior record which is fairly reachable at this point.
More specifically, the Institute notes that if the Dow Jones is anywhere over 23,377, Trump has at the very least a mild chance of winning re-election, while if the Dow is between 22,208 and 23,377, Biden has a mild chance of winning. Obviously, anything below 22,208 and Biden as a strong chance of winning.
The reasoning behind the Institute’s model is due to them studying all presidential races where an incumbent was running for re-election and in their research, they found that “the strongest correlation with incumbents’ margins of victory or defeat” was the net change in the market for the three years leading up to the election.
The last three years have been fairly strange, at least with this year in comparison to the last two. Ever since Trump became President, this country saw nothing but economic success. Following Trump’s election, the Dow Jones went up 2,000 points from election day to inauguration day. The market was excited for a Trump presidency. Time and time again, I noted how the economy was absolutely booming, with the unemployment rate hitting record low after record low, in general and for minorities.
We had such a roaring economy that during the Democrat primaries, NO ONE was talking about the economy. Despite it usually being at the top of people’s concerns heading into an election, not one Democrat dared to talk much about the economy because they KNEW they couldn’t fool everyone into believing it wasn’t real. Often times, their only, and flimsy, argument was that it was somehow “Obama’s” economy, even after three years of a Trump presidency.
It really speaks to their poor, phony character that the Left would blame Obama’s predecessor for all of his economic failures and steal the credit that rightfully belongs to his successor for a booming economy. The Obama economy was flat and stagnant, which is rather impressive for the fact that he inherited a recession and did NOTHING to make it better. And ever since Trump came along and made things better, they somehow got it into their minds that the credit belongs to the guy who had EIGHT YEARS to make it better and didn’t. That the guy who spent less than a year rebuilding the economy had nothing to do with it, even as it was happening under his watch, even as they had a guy in his same position for eight years who accomplished absolutely nothing.
Then, once the pandemic hit and local and state governments decided to completely shut things down, which naturally led to an economic downturn, only THEN did Democrats, specifically Joe Biden, start to talk about the economy and lie about how Obama and Biden rebuilt the economy after their 2008 win and Trump destroyed it.
Now that the economy is back strong, the Democrats are once again without a message, other than “Orange Man Bad”.
Now, all they have is “Trump is a racist” while citing no evidence and while having the most racist ticket in I don’t know how long. Seriously, for the first time in roughly a century, the Democrats are running a segregationist and a slave owner as their presidential and vice presidential candidates.
Now, all they have is “Trump is a sexist” while citing no evidence and while having a guy who is well-documented in sexually harassing women and who picked his VP largely because she is a woman.
Now, all they have is “Trump is evil” while citing no evidence and while running the most pro-death ticket in political history. And I’m not just talking about abortion here, though they are extreme proponents of it. I’m also talking about being anti-police (rather ironic, considering Harris’ former professional position) and supporting the violent riots (calling out the violence in general does not tell me Biden is against this. It’d be like watching a terrorist attack and denouncing the violence itself as opposed to those who perpetrated it, though they have done this plenty in the past, so I suppose there is precedence for this disgusting behavior).
The economy is making a great comeback following the closures, which is why the Left has turned back to reporting largely about the virus in an effort to scare people into locking things down again. They report “new cases” as though they are equal to “new deaths”, which isn’t at all the case (pun intended).
If nothing else, the economy would carry Trump into 2020. A damaged economy means a damaged Trump heading into the election while a strong economy means a strong Trump. We are still not quite where we were pre-pandemic in terms of economic strength, but we are getting there. This is a nightmare for Democrats and it showed throughout the DNC and the RNC.
I only pray to God that the economy will continue getting better and exceed where it was pre-pandemic and that Trump utterly trounces Joe Biden and the Democrats, giving them a defeat they haven’t seen since 1984.
“And we know that for those who love God all things work together for good, for those who are called according to his purpose.”
Almost a month ago, I wrote about the great economic news for the May jobs report, in which 2.5 million jobs were created and the unemployment rate fell to 13.3%.
Well, on Thursday, we received even better news for the month of June (which was a rather chaotic one, even by 2020 standards), and the numbers are even better. According to the Bureau of Labor Statistics, the economy created 4.8 million jobs in the month of June and the unemployment rate fell to 11.1%, as the country continues battling with the Chinese coronavirus pandemic (though some governors have insisted on re-closing, which is the wrong thing to do, in my opinion).
The BLS said in a statement: “These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to contain it. In June, employment in leisure and hospitality rose sharply. Notable job gains also occurred in retail trade, education and health services, other services, manufacturing, and professional and business services.”
The report also showed that black unemployment dropped from 16.8% to 15.4% and Hispanic unemployment fell significantly from 17.6% to 14.5%.
Labor economist at the University of Tennessee told the Wall Street Journal: “We’re in the beginning of a slow recovery. I think the recovery will stall out if we don’t get control of the virus.”
While the virus does, indeed, have some impact on the current economic climate, there is no denying that the biggest factor was multiple governors’ decision to close down businesses (unconstitutionally). Naturally, businesses would have made adjustments to account for public health and safety, but being rendered inoperable via governors’ orders was going to cause far more economic damage than the virus itself.
So I think the economy will continue doing well, provided governors don’t panic (as some have done, including Texas Governor Gregg Abbott, ashamedly so) and look at the number of increasing cases (brought on by weeks of protesting and riots, not that the media would ever dare point to that as the reason) instead of the fact that hospitalizations have not increased that much or that deaths have still been going down (a rising number of cases also could be an indication of increased testing, since that is also what we are doing).
Provided that (Republican) governors don’t panic, we should still be seeing improving economic numbers. The issue, for the most part, is that the lockdowns have forced a number of small businesses to close and they are never going to reopen, or at least, most likely never will reopen. The biggest issue facing the economy right now isn’t the virus, but people’s reaction to it. And the American people want to go back to normal, as much as honestly possible. They want to be able to go back to work, understanding that certain things need to be changed in order to deal with the virus.
Now, the good news about the age we live in is that we will likely never see another situation like we saw during the Great Depression. Maybe statistically, but we likely won’t see the same sort of pictures we saw from that time period of people lining up at the unemployment line or people living in destitution (to the dismay of the Left, who would've loved to see people suffer financially just for the opportunity to score political points against Trump). The reason is simple: we have technology.
What I mean simply is that we have the ability to work from home, something that was not an option at all back during the Great Depression. I recently had a conversation with someone about this, and we noted the fact that, back during the Spanish Flu, the country simply did not have the option to lock itself down like we did. Of course, WWI was also happening at this time, but even without it, shutting down the economy was still not an option. Now, shutting down our economy is still a terrible idea and would definitely lead to economic turmoil no matter what, but many people have the option to work from home in this day and age.
If that option was not available, the economy would be in a FAR worse state today than it actually is (and I’m still assuming idiotic governors would have shut things down).
Let’s just hope and pray that these good economic news keep on rolling and we can get back to the great economic situation we were before the pandemic.
“But seek first the kingdom of God and his righteousness, and all these things will be added to you.”
Among the many stories we had heard over the past few months, economic “experts” believed that, with a shuttered American economy, the unemployment rate would rival or even pass the rate we saw during the Great Depression of 25%, with tens of millions, or perhaps even more, losing their jobs.
In some small way, we were going in that direction, but with businesses opening back up in most states (and the riots essentially destroying any argument for keeping the lockdown restrictions, so silver-lining), we are beginning to see once again the sort of great economic news we were witnessing over the last three and a half years.
According to the latest job’s report, the unemployment rate fell to 13.3% and the economy added 2.5 million jobs, as businesses began to be allowed to reopen throughout May.
Just a month earlier, the economy had shed around 20.5 million jobs, the worst monthly decline on record dating back to 1939. So to see this sudden turnaround (which should not really be all that surprising if we are opening back up) is quite the great and refreshing news to hear.
According to Breitbart: “Economists had expected the unemployment rate to rise to nearly 20 percent and the economy to shed an additional 8 million jobs.” And this is perhaps the biggest reason as to why I put quotation marks around the word “expert”; these people really don’t know what they are talking about half the time, at best.
They expected the economy, which has been reopening as of late, to shed an additional 8 million jobs, when in reality, that 8 million jobs lost turned out to be 2.5 million jobs CREATED. This was easily the biggest one-month jobs gain in recorded U.S. history since 1939.
After hitting a record-high of 14.7%, the unemployment rate has gone back down after a couple of months of increase.
Breitbart also explained that “[t]he mandatory closures of many businesses and stay-at-home orders slammed what had been a very healthy labor market hard. The economy added jobs for 113 straight weeks through February, a record streak of growth. The unemployment rate was 3.5 percent in February. And yet job creation was running very hot, with the economy adding an average of 211,000 new jobs each month.”
This only further shows the strength that the Trump economy had before the virus hit. For a little over two straight years, we had been adding jobs to our economy, and even despite being at a virtual full-employment, we still kept on adding more jobs every month.
The economy was particularly helped by the fact that the federal government was pumping money into it and supplementing aid for businesses to retain jobs. Roughly 150 million taxpayers received stimulus payments, the Treasury’s Paycheck Protection Program (PPP) “is backing $669 billion of loans to small businesses” so that they can be forgiven if borrowers don’t lay off their employees and the federal government has been “providing an additional $600 on top of state unemployment benefits”, allowing some Americans to be paid even more money.
Record data also suggests the labor market to be stabilizing and improving following the record-high of 6.8 million jobless claims back in March, with each following week seeing less and less jobless claims being filed relatively speaking. Last week, the number fell to roughly 1.8 million jobless claims.
Over the past few months, over 40 million Americans in total lost their jobs, but ongoing claims remain at around 20 million, indicating that over half the people that lost their jobs in that time span have regained employment.
In sum, shutting down our economy was an extremely costly endeavor that was not at all worth it in the end, especially as data suggests that there was “no statistical connection between improved health outcomes and pandemic policies that forced nearly 40 million people into the unemployment lines,” according to The Federalist.
In other words, we shut down our economy and left tens of millions unemployed, and destroyed tons of small businesses in the process, for no statistical connection between improved health outcomes and the lockdown orders. The lockdown orders did not contribute anything positive to keeping people from dying of the Chinese coronavirus.
In the end, the lockdown did nothing but kill off the jobs we are now trying to get back. If the riots themselves weren’t enough proof that we do not need the lockdown orders to stay in place, this definitely does. They achieved nothing for the sake of keeping people from dying of the virus and only contributed to the worst economic news we had seen in nearly a century.
Whoever is still insisting that we continue with the lockdown orders (and even Whitler is easing up on them) is a bad faith actor seeking only to destroy the economy for nothing more than political benefit to hurt Trump’s chances at re-election.
Let’s open back up in full. Yes, that even means New York (because God knows the lockdown orders aren’t being applied fairly, so what’s the point?)
“For I know the plans I have for you, declares the Lord, plans for welfare and not for evil, to give you a future and a hope.”
We all know perfectly well that the Left benefits when people are suffering. This is generally the case, but particularly so in this day and age when the Left is banking on a large portion of the country to remain locked down due to the Chinese coronavirus fears. They know that they could not possibly hope to beat Trump when the economy is doing well, particularly as well as it was before this entire scenario happened, so Plan A for them, seeing as impeachment and removal did not work, is to destroy the economy as much as they possibly could.
Given the option, Democrats would demand Democrat-run states to remain as locked down as possible, implementing as many draconian policies as possible and blaming the inevitable economic collapse under such a circumstance on Trump’s “poor leadership” or something akin to that nonsense. They truly view our economic suffering as the single BEST option for winning an election.
Which is why it’s not surprising to see the Democrats in absolute panic over being given perhaps some of the worst news from THEIR OWN SIDE with regard to the possibility of Trump being re-elected.
You see, Harvard professor Jason Furman, a top economist for the Obama administration, said last month that the U.S. is on track to witness the “best economic data” in its entire history.
Furman, speaking to a group of bipartisan leaders, said: “We are about to see the best economic data we’ve seen in the history of this country.”
Politico reported: “Instead of forecasting a prolonged depression-level economic catastrophe, Furman laid out a detailed case for why the months preceding the November election could offer Trump the chance to brag – truthfully – about the most explosive monthly employment numbers and GDP growth ever. Furman’s counterintuitive pitch has caused some Democrats, especially Obama alumni, around Washington to panic.”
The Left panics when there is the chance for the best economic prosperity, or at least raw data, that the country has ever seen. Doesn’t that tell you all you need to know about them? Instead of being happy over the prospect of a great economic recovery from the current situation unlike anything we had ever seen before, they are reportedly running around in sheer panic and worry. How anyone can say that they are the party of “The People” or how they are “compassionate and tolerant” is beyond reason.
According to Politico, one former top Obama administration official expressed that this scenario was their “big worry”, and when asked about the level of concern this sort of situation has amongst top Democrats, the Democrat replied: “It’s high – high, high, high, high.”
Furman had also explained that, once the economic data from the past few months began to come in, he realized that the data was indicative of an economic recovery mirroring the sort that economics see following major natural disasters or “industry-wide catastrophe[s] like the Gulf of Mexico oil spill.”
Furman further explained that consumption and hiring began to tick up “in gross terms, not in net terms,” describing the turnaround as a “partial rebound.” This bounce back “can be very very fast, because people go back to their original job, they get called back from furlough, you put the lights back on in your business. Given how many people were furloughed and how many businesses were closed you can get a big jump out of that. It will look like a V.”
Considering many of the economic policies that led to the economic prosperity pre-Chinese coronavirus are still in place, provided the vast majority of the country opens back up, I generally agree with the sentiment that it would bounce back big time. My biggest concern, as I have noted many times in the recent past, is that we might be too slow in reopening and businesses will soon find that they cannot afford to bring back their furloughed workers. Small businesses have definitely taken a massive hit over the last few months (and a piece from The Federalist indicates this shutdown did nothing to combat the virus, so this was an exercise in futility at best) and every day that they are disallowed from opening back up is another day in which they cannot make money and get back on track.
Bigger giants in the business world will fare better, I imagine, and will be able to hire back the people they had to furlough but things definitely got messed up. Thankfully, with states opening back up and people having the ability to go back to work basically unimpeded, I do agree with the sentiment that we should be seeing quite a bounce back in the economy over the second half of this fiscal year.
And I’m not the only one to agree, as Larry Kudlow, the head of the White House National Economic Council, told Politico that he “totally agree[s].” “Q3 may be the single best GDP quarter since regular data. 2nd half super big growth, transitioning to 4% or more in 2021.”
Other Trump officials, such as Kevin Hassett and Peter Navarro, also agreed with Furman.
Of course, while people on the Right are ecstatic over the prospect of an economic rebound (Furman further stressed to Politico, when asked about his “new fans” in the Trump administration, that “they get the rebound part, but they don’t get the partial part”, sort of trying to dampen the mood, but it also is fairly contradictory to the idea that the economy would rebound “like a V,” as he explained earlier), people on the Left are outright panicking, as I mentioned before, particularly since Trump has always been ahead of Biden in the polls when it came to handling the economy.
One Democrat told Politico: “Trump beats Biden on the economy even right now! This is going to be extremely difficult no matter what. It’s existential that we figure it out.”
Another former Obama White House official told Politico: “Even today when we are at over 20 million unemployed (remember, this was back in April), Trump gets high marks on the economy, so I can’t imagine what it looks like when things go in the other direction. I don’t think this is a challenge for the Biden campaign. This is THE challenge for the Biden campaign. If they can’t figure this out, they should all just go home.”
Political strategist Arthur Schwartz tweeted the Politico article, adding: “Dems are spooked because the economy is going to rebound quickly. Their strategy for November is to keep the country closed. Their interests are served by hurting as many Americans as possible.”
Exactly my thoughts. The Left seemingly can only hope to win elections when the American people are suffering greatly. I can only imagine the glee they felt back in 2007-08 when the financial crisis and Great Recession was hitting this country. I can also only imagine the glee they felt the last few months in seeing the number of unemployed cases rolling in. They probably fully expected the country to automatically blame Trump for the bad news just because “blame Trump” is basically the Left’s default response to anything.
China unleashed a deadly virus on the world and lied about it for months (and still continues to lie) and is trying to coerce other countries into not punishing them as they deserve? Nah, it’s Trump’s fault, particularly as he is “blaming” China. Which reminds me: Trump isn’t “blaming” China. To say that he is is to insinuate that China is blameless and without fault. Trump is holding China accountable for their deadly actions which have killed a hundred thousand Americans (and God knows how many Chinese citizens and residents) and hundreds of people around the globe (according to official estimates, of course, which have to take China’s numbers at face value even though China has been lying about their numbers).
But in any case, getting off of that slight tangent, I am not even a little bit surprised that the Left would be so perplexed at seeing Trump beating Biden even with the economic news that we are getting. The VAST majority of Americans aren’t going to blame Trump for this simply due to the fact that we KNOW why it’s happening.
The news that we are seeing aren’t the result of a fundamental problem in our economic system or in the policies we are espousing. They are the result of a virus that has gotten people so freaked out as to shut down everything (and, again, this was negligible at best when it came to dealing with the virus) and the actions of relatively independent governors deciding to shut down their states to one extent or another.
It is only the hardcore, borderline actually insane Leftists that are blaming Trump for this whole fiasco. It’s only the Left-wing political hacks in the fake news media, Washington and around the country that are blaming Trump for any of this.
I hope that Furman’s prediction regarding the economy is what really happens. Models are generally always going to be wrong because no one can account for absolutely everything that could occur, but they can sometimes be useful in understanding at least one possible outcome.
Provided the country opens back up almost in full (New York might take more time, but even Cuomo himself has begun to talk about reopening), we should be seeing better economic news as time goes on. Here’s hoping that this is what ends up happening.
“Now faith is the assurance of things hoped for, the conviction of things not seen.”
Over the past few weeks, every Thursday has been a rough one for me. Not because of anything in my personal life, but because we receive the news of jobless claims every single Thursday.
Before this pandemic, I would hardly pay attention to these numbers because they were generally great every week and even a bad week was still pretty good in the grand scheme of things, especially in comparison to the eight years of the slow economic recovery (if you could even call it that) that we had during the Obama years.
For the last three and a half years, we had real growth, real wages, real jobs being brought in and created and we had real prosperity. I’ve already talked about how the “jobs” Obama created were either part-time or contract jobs for the most part, so he could not be said to have been a good jobs president at all. Trump has clearly been very different and has helped bring in real growth unlike anything I had seen before (keep in mind, I am in my early-to-mid 20s).
But for the last five weeks, I have seen three years of growth and prosperity be wiped away like they were nothing. Three years of economic progress gone just like that. CNBC even reports that “The US economy has wiped out all the job gains since the Great Recession.” Now, that’s a misleading headline since the economy is being kept in a stranglehold right now, so it’s not the economy wiping anything out, but the point remains.
Every job that was created in the last TWELVE YEARS is now gone. And yet, some people still want to keep these unnecessary lockdowns (I assume the majority of people who say this still have their jobs) and some even have the gall to mock protesters as saying they are “prioritizing money over people” or “just want to get a haircut”, to which I say: “shut the hell up, you privileged jackasses.”
I am no fan of swearing on this site, but I am getting rather fed up with idiots who think this way.
First of all, no one is prioritizing money over people or money over lives. It’s a matter of lives vs. lives. I can understand people being afraid of the virus killing people and it is a very real concern. Around 50,000 people have died from the virus in the United States alone (granted, these numbers are probably a bit inflated because of the way people, particularly DeBlasio and Cuomo, are counting deaths, but let’s roll with it). There is no doubt that this is a serious issue. But that does not automatically mean that people starving to death, killing themselves, succumbing to drug abuse, and practicing domestic abuse are no longer issues in and of themselves.
How many people will kill themselves because they can no longer afford to live? How many will starve to death? How many will overdose and further strain hospitals (an example of how our measures wouldn’t “flatten the curve” for the purposes of not overrunning hospitals. Not to mention hospitals are laying off thousands of healthcare workers, so how does that help against the virus?)? How many children, wives and husbands will be sent to the hospital for wounds as a result of domestic abuse (and how many will be kept from going there because the abusers are with them 24/7?)? How many people will be treated in “overrun” hospitals because of attempted suicide?
Our response to this virus has resulted in nearly 27 million people losing their jobs in as few as five weeks. Meanwhile, some speculate that we can re-open our economy “fully” towards the end of summer or the beginning of the fall.
Spring started a month and three days ago. Do you really think such an option is a viable one for tens of millions of people? We have the potential to see worse unemployment rates than the Great Depression. Does that not matter to the “keep the lockdowns” crowd?
I know it doesn’t matter to the Left. They would love nothing more than to see this economy go down the drain and subsequently, see Trump go down with it. If the complete destruction of the economy and millions of people’s lives are what it takes to win for the Left, that should tell you everything you need to know about these demons.
But I know plenty of conservatives who are still against opening our economy. People who dismiss protesters and mock them for “not socially distancing” during their protests. Why? Why think this way? What does the country gain from continuing this? What does it gain by calling people out of work “privileged” people who “just want to get a haircut” or “just want to play golf”?
Plenty of people do not know the value of saving their money. Plenty of people do not know the value of multiple sources of income. Plenty of people believe in the big hoax that is job security. Situations like these will force such people to rethink and perhaps be a bit more fiscally conservative, but the lessons of the future do not help them today.
Seeing 27 million people losing their jobs, especially as quickly as they are, breaks my heart and outright leaves me depressed (as well as seeing Trump essentially throwing Georgia Governor Brian Kemp under the bus for trying to reopen his state, when Trump has been calling for “liberating” states in the last few days. I don’t get that man sometimes and that was one of the very few honest times when I have been angry with him). I genuinely did not even feel like writing anything because of such a gloomy state. But when I get depressed like this, I can always turn to the Word of God.
There is no doubt that I am anxious about the present and future of this country. We could be staring at the worst economic situation this country has ever faced and it’s come by our own hand. This situation is like trying to take care of a bee sting on your hand by cutting off the entire arm. The solution is almost certainly worse than the problem, but I say this without discounting the severity of the actual problem.
What we are seeing now makes me sad; makes me angry; and almost makes me hopeless. But like I said, I can always turn to the Word of God and this is something I hope millions of people are doing because the one silver lining that could come from all this (apart from complete economic divorce from the Chinese communists who are responsible for the world being in this sorry state) is a great Christian revival that will bring people to the Lord, whether for the first time or the first time in a long while.
Because the scripture says: “Therefore I tell you, do not be anxious about your life, what you will eat or what you will drink, nor about your body, what you will put on. Is not life more than food, and the body more than clothing? Look at the birds of the air: they neither sow nor reap nor gather into barns, and yet your heavenly Father feeds them. Are you not of more value than they? And which of you by being anxious can add a single hour to his span of life? And why are you anxious about clothing? Consider the lilies of the field, how they grow: they neither toil nor spin, yet I tell you, even Solomon in all his glory was not arrayed like one of these. But if God so clothes the grass of the field, which today is alive and tomorrow is thrown into the oven, will he not much more clothe you, O you of little faith? Therefore do not be anxious, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For the Gentiles seek after all these things, and your heavenly Father knows that you need them all. But seek first the kingdom of God and his righteousness, and all these things will be added to you. Therefore do not be anxious about tomorrow, for tomorrow will be anxious for itself. Sufficient for the day is its own trouble,” from Matthew 6:25-34.
Not a single event, small or great, has come as a surprise to God. He has known from the beginning what each one of us would be going through, both individually and as a country and even as an entire people in this world that He has created. Not a single spy from China is unknown to God. Not a single secret in Beijing is God ignorant of. Not a single crime against God and humanity committed by China or similarly evil people outside of China is God unaware of. Not a single weakness in people’s individual lives is kept from God’s knowledge. And not a single person’s future does God have to guess about.
Yet, for all the trouble we find in the world, be it the Chinese coronavirus, be it the inadequate, borderline-negligent response from many of our leaders, be it our financial troubles, be it our unemployment possibilities, we can rest securely in the Palm of God, who is in complete and total control over the universe. Not a single subatomic particle anywhere in this universe moves without God’s very approval. Even the devil, for all the evil he does and wishes to do, is restrained like a dog with a leash by our Creator.
I do not know what the future holds for us. I do not know when we will begin reopening on a national scale, or if the jobs lost will be easily recovered, or even what will ultimately cause more damage: the virus or our ridiculous response to it. But what I do know is that there is no evil to be found in God. God has ordained whatsoever has come to pass and He does not allow things to happen if they do not have a good reason for it.
Even a bit further in Matthew, in chapter 7, beginning from verse 7, we see the goodness of God: “Ask, and it will be given to you; seek, and you will find; knock, and it will be opened to you. For everyone who asks receives, and the one who seeks finds, and to the one who knocks it will be opened. Or which one of you, if his son asks him for bread, will give him a stone? Or if he asks for a fish, will give him a serpent? If you then, who are evil, know how to give good gifts to your children, how much more will your Father who is in heaven give good things to those who ask him!”
Even amidst the trouble we walk through, I know He is with us. And as He not only gives, but delights in giving good things, I ask of Him that, if anything comes from this current time of tribulation, there be millions upon millions, tens of millions upon tens of millions, hundreds of millions upon hundreds of millions, who turn to You, Father, in search of redemption for their sins and in search of comfort, that they may be saved, not only from the virus and the economic repercussions of our response to it, but from the sins that they have committed.
These are dark and scary times, not helped by the people we call “leaders” (the Democrats truly are vile and the Republicans truly are spineless. And Trump hasn’t exactly been his best either, though he’s been doing a great job in many areas). But regardless of the folly, the sins and the evils of Man, we can always rest in the Hands of the Lord.
O, Lord, thank you for the goodness that You have shown us thus far and the mercies that You have given us. I pray to You that You will forgive us of our sins, those of us who repent of them and beg for forgiveness. I pray that You will comfort the troubled, feed the hungry, employ the financially distraught and allow for the whole world to recognize the evils of communism, both in China and in general, as it is antithetical to Your Word and Your Teachings.
Lord, please bring this nation to its knees, not in defeat but in repentance of its iniquities and its wrongdoings in Your Sight. Please give us wisdom to tackle this virus as effectively as possible with as little collateral damage done as possible. In Jesus’ name, amen.
I know that I don’t usually have full-on prayers on here, but the present situation has brought me closer to God (not that I wasn’t before, but I can always get closer still) and I believe it does warrant supplication from the Lord, of course, with thankfulness and acknowledgement of what good God has done for us so far. We should pray in times of trouble and in times of success; in times of sadness and in times of great joy.
I hope this is what the vast majority of people are/will be doing, so that we may get closer to God.
“And those who know your name put their trust in you, for you, O Lord, have not forsaken those who seek you.”
Trying to get back to stories that have little or nothing to do with the virus (this one will, unfortunately, talk a bit more about it than the others of a similar nature), we have a story relating to what someone believes will be the outcome of the 2020 presidential election come November. The interesting thing about it, however, is that the one believing Trump will win re-election is far from a Right-winger and Trump supporter. It’s actually David Plouffe, Barack Obama’s former campaign manager.
Speaking on the “Fox News Rundown” podcast last Thursday, Plouffe said: “You look at the economic situation and say, ‘How can an incumbent win in that?’ But, you know, no one’s blaming Trump for the damage…. I think if you can lay his crisis response at his feet and connect that to the economy, I do think that’s some headwind he’s got to run into.”
“But,” he continued, “almost no matter what happens, [the question is] can Donald Trump win Wisconsin? Can he win Michigan? Can he win Pennsylvania? Can he win Florida? Sure, because his base is so solid. And I think he’s going to turn out voters almost at a historical level on his behalf, so that makes him very dangerous if you’re Joe Biden.”
Interesting what he considers to be Trump’s big advantage going into the election. Usually, when an incumbent president does a poor job with the economy, they do not get a second term (Obama is an exception to this rule, of course). That’s why Trump was so invincible before this whole pandemic began. You could say whatever you wanted about things with North Korea or Iran or China, and you could say whatever you want about other aspects of his leadership as POTUS (I would still argue he has been doing a fantastic job in all of these regards), but absolutely no one could realistically argue that he is not a good economics president.
Before this whole pandemic started (and as I said in the previous article, I attribute our poor economic conditions to our response to the virus rather than on the virus alone), we were seeing great unemployment numbers, wages were going up, consumer confidence reaching new highs, unemployment rates reaching new lows and people becoming wealthier. The Trump economy was nearly unstoppable and only a pandemic like this (and again, largely our response to it) could possibly bring it down.
Unfortunately, the situation is that it is being taken down and if we don’t act soon, it will take a very long time for us to recover, as I have said in the past. But the good news for Trump is that people aren’t blaming him for this.
The Left had been hoping for this kind of recession for a long time now, but they expected to be able to place the blame entirely on Trump. Now, I don’t doubt they will try and do that because these people pervert the truth at every opportunity, but Trump has a very strong case in his favor as to why he is not to blame.
For one, the economy was doing phenomenal before this started. An outside factor is what slowed it down.
But more importantly, many of the economic decisions made that have slowed down the country like this have not been made by Trump. The states have some level of free will, thanks to the 10th amendment, so they could work independently from the federal government. As such, states have opted to shut things down and only allow “essential” businesses to operate. What the president can do is try and encourage states to ease up on these restrictions (particularly as many are outright unconstitutional, since the government can’t arbitrarily order any business to shut down just like that) but he can’t control the states (which is an overall good thing, even if a tad inconvenient right now).
It’s not the policies the president had been setting for the past three years that are to blame for this. It’s factors outside of the president’s control that are the cause.
As far as his handling of the virus goes, let’s not forget that when the Democrats were trying to impeach and remove Trump and were thinking up of more ways to try and kick him out of office, Trump established the Coronavirus Task Force and instituted travel restrictions to and from China. The same restrictions that Democrats, the least of which being his likely electoral opponent Joe Biden, called “xenophobic”.
During a debate shortly after the travel restrictions were put in place, Bernie said he wouldn’t close the border to combat the virus. Neither of Trump’s possible electoral opponents would stand a chance against Trump when it comes to response to the virus because Trump acted quickly and efficiently, when both Bernie and Joe declared him a racist for doing what he did.
If you remember, a recent Pew Research poll found that 95% of surveyors agreed that travel restrictions were a good idea. Travel restrictions that both Joe and Bernie are on record saying they wouldn’t have implemented.
Not to mention that the media was basically saying that the seasonal flu was more dangerous than the Wuhan virus, so they also have no credibility to try and attack Trump regarding his response to the crisis.
What’s more, a recent ABC News/WaPo poll shows that 52% of surveyors trust Trump to handle the economy over 42% who trust Biden, and 47% trust Trump more to handle the coronavirus outbreak over the 43% who trust Biden.
Trump also has an advantage over Biden in terms of speaking to the public. While Trump speaks to the American people every single day to provide updates on the virus (and I wish he would also provide updates about reopening the country), all Joe can do is give an occasional interview with someone on the fake news media and hold Facebook livestreams that are not exactly popular.
Now, I would like to mention that we are still a good bit away from the election. Unfortunately, things could really turn for the worst, particularly if people like Fauci and Birx naively (at best) keep advising Trump to not care about the economy and force things to remain like this for months on end. At one point or another, people might actually begin blaming Trump, regardless of whether or not he actually bears the blame.
Which is why I continue to insist that the economy be allowed to be opened back up, at least for those who are able to work and are not at a high risk of death. As I have said time and time again, this shut down is not a viable option. This is like burning the house down to kill a spider. Sure, the virus is serious, but the economy failing this catastrophically is considerably worse.
David Plouffe believes all Trump needs is his supporters to come out in droves to vote for him. Joe Biden is a weak candidate, but people might not turn out to vote if we aren’t even allowed to (and I fear the obvious voting fraud the Left will try and pull with mail-in votes).
I will vote for Trump no matter what, but I would like to see him regain control of his administration and put his foot down. Otherwise, we might as well begin calling them President Fauci and Vice President Birx.
“Behold, I have given you authority to tread on serpents and scorpions, and over all the power of the enemy, and nothing shall hurt you.”
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