SYNOPSIS: 2020 ELECTIONS ARE COMING, AND THE CHOICE WILL RE-SHAPE AMERICAN FOR THE NEXT DECADE OR LONGER.
In short terms, here’s where we are as a country:
- Interest rates are very low and will stay there. Growth depends on who wins the Presidency (and Senate control).
- Deficits and debts are very high and will go higher; why fight budget battles when you can print (or borrow) more money?
- A recovery is beginning, but from a new low after the shutdowns. Whether it continues? See No. 1
- Police (& Demonstrators/Racial) conflicts and killings continue as gutless, clueless Democrat Mayors (of big cities) "dither…”
- The Virus won’t go away any time soon; even vaccines at 60-70% effectiveness won’t eliminate the threat to vulnerable groups—how many will die?.
- Commerce suffers: retail, hospitality, group gatherings, and travel all suffer, & the weaker ones disappear (Ch. 11).
- The plight of US’big cities (& states) controlled for decades by Democrats is a good predictor of how they will do running the country! Disaster!
Upcoming elections will be brutal as the Presidency is a binary choice. Volatile/Meteoric Trump vs. Smiling/Sleepy Joe
This excellent article lays out the options—and explains why past behavior predicts future outcomes.
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Excerpts:
"The year began with a recovery that belied every negative cliché about the Trump tax cuts and regulatory reform. Tax cuts demagogued as giveaways to the rich were creating higher wages and bonuses for workers and producing the lowest unemployment rates on record for blacks, Hispanics, single women, the disabled and those with criminal records. Wages at the bottom were growing faster than at the top. The once-disappearing middle class was prospering and propagating again. According to the United Nations, the birthrate in the U.S. had started to rise for the first time in the 21st century. In short, the postwar prosperity that we feared had been lost forever was coming home to America…."
"But facts are stubborn things. Under Mr. Obama’s policies of tax, spend and regulate, real per capita income was up by only 5.6% and job growth was up only 5% some nine years after the start of the 2007-09 recession. Compare that with 21% income growth and 18% job growth under President Clinton nine years after the start of the 1990-91 recession, or 24% income growth and 20% job growth under President Reagan nine years after the start of the 1981-82 recession. Real median weekly wages have risen six times as much in three years under Mr. Trump’s policies as they did in eight years under Mr. Obama’s policies. Labor-force participation has risen by 1.1% under Mr. Trump while it fell by an astounding 4.6% under Mr. Obama. "
"In the first three years of the Trump administration, total employment was up 4.7% and real median household income was up $4,384, to an all-time high. Who benefited most? The groups Democrats claim to represent: blacks, Hispanics, single women, Native Americans, high-school dropouts, the disabled and those with criminal records. Each of those groups enjoyed the lowest unemployment rates on record. Blacks and Hispanics had the lowest incidence of poverty ever recorded.”...
"Mr. Biden wants “to transform” the economy, beginning with a repeal of Mr. Trump’s tax cuts and deregulatory program. Now, as Americans begin rebuilding the economy after the destruction of the pandemic shutdown, the principal question of the November election is whether to return to the policies that brought us growth or to the policies that produced stagnation.
"Given the strong economy during the primaries, even Democratic voters rejected a radical transformation of the economy. But now Democratic leaders want to use the economic destruction of the pandemic shutdown as an opportunity to implement a leftist agenda, with enormous new taxes, federal control of the health-care system, crippling energy mandates, a bailout of profligate states and cities, and an overpowering regulatory state. Mr. Biden is the face of the Democratic Party, but Elizabeth Warren, Bernie Sanders and Alexandria Ocasio-Cortez are its heart. Their proposals go well beyond doubling down on a big-government approach that didn’t work; they are to the left of any governing socialist party in Europe. “
"The task of government in the next four years will be to rebuild the economy. The decision in November is which road leads to American prosperity. We tried a little socialism 12 years ago, and it produced stagnation and a failed recovery. Can we realistically expect that a lot more socialism will work for us now?"
"Unlike most elections, we have more than promises to inform us. We have 12 years of accumulated evidence on the performance of these two competing visions. If presidential elections are about results, let the guide be the biblical admonition: “Ye shall know them by their fruits.” —Mr. Gramm is a former chairman of the Senate Banking Committee. Mr. Solon is a partner of U.S. Policy Metrics.
The Real Alternatives are : Growth & Prosperity with Media-induced Turmoil (Trump) vs. Stagnation & Big Government/Regulation & Taxes (Biden)
Moving forward or backward—BUT—the real issue is not just who wins control the White House, but also the Senate races (the House maybe too far apart)
A FEW FACTS TO REMEMBER while this campaign heats up: 1) The US government has NO Wealth of its own. It only has what wealth it can take from American people in taxes and levies (tariffs, etc.). 2) ONLY those Americans who work in the private sector can create and accumulate wealth. 3) Government was created to work for the people, not vice-versa—and to do things the people couldn’t do for themselves
Wouldn't it be smart to have a president who understands those facts, instead of a career politician whose entire life was spending “other people’s [tax] money, as a "compromise candidate,”—doing nothing, getting nothing done.
Yes, I’m talking about JOE BIDEN, smiling, clueless, unable to lead, being steered by radical element of the left wing of the Democrat party, led by Bernie Sanders and owned by Nancy Pelosi.The US economy was roaring along until THIS ALL happened.
Why was the economy roaring along? Largely because of President Donald Trump’s policies, and actions. Of course many people don’t like him. All they ever hear is negatives, and he’s his own worst enemy half the time—but his policies and strategies were working great!
POLITICS: (Warning: Reader discretion is advised: This is where some readers may disagree, but that’s how THE ENTERPRISE came into existence 20+ years ago—to expose and explore the issues and conflicts in business, politics and life!)
Reelecting Trump (and holding the Senate Majority) are the ONLY alternatives for returning the US to prosperity and success it was enjoying before China unleashed the Coronavirus on the world.
The worst thing that could happen to the USA would be the election of Joe Biden—and enough Senators to shift control of the Senate to the Democrats—who seem determined to destroy the USA and the American way of life—like they have destroyed most major cities! Biden and the Democrats clearly favor the chaos currently being created in America by people whose goal is to destroy America's rule of law and heritage.
WE cannot let that happen. WE, the American People, must retain Donald Trump, whose love for America and desire to protect the American way of life, transcends all his negatives.
BIDEN HAS ALREADY STATED HIS FIRST OBJECTIVES:
Raise Taxes, Sink the Economy—Raise taxes on all Americans by eliminating the Trump tax cuts that fueled economic growth & prosperity. (How else can Biden pay for the left wing “freebies” he has adopted from the Bernie Sanders platform?)
Defund the Police—Tolerate the Violent Mobs—the disruptive, destructive mobs, destroying America’s largest cities—under the pretense of protests (All in cities that have been under Democratic control for decades).
These actions are being tolerated by Democratic city mayors, all while Biden is silently smiling his support.The “defund the police” movement is a prime example of how a Biden presidency will lead America to disaster.
HEADLINE: “Biden and Sanders Allies Unite on Politics"—the Wall Street Journal July 9, 2020
https://www.wsj.com/articles/biden-sanders-allies-call-for-climate-policing-policies-11594245597?mod=searchresults&page=1&pos=4,
Biden’s Base: Socialist Left, BLM and Anarchists Rule—There are very few “moderate Democrats remaining. They’ve all been “cancelled” (silenced) by the Liberal Left. Biden MUST let the mobs and anarchists have their way, because they are a large part of his base! He “sold his soul to Bernie Sanders” and must move even further LEFT—toward Socialism. If you have not read the “platform” proposed by Sanders and AOC, you should.
If this long past due message has stirred you up & made you think HARD about the stark choices we face from the two opposing philosophies—good!
JUST ANSWER THIS QUESTION: IS THIS YOUR KIND OF AMERICA? WHERE YOU WANT YOUR CHILDREN AND GRANDCHILDREN TO GROW UP?
RIOTS called “DEMONSTRATIONS,” BREAKING WINDOWS, LOOTING, DEFACING/PULLING DOWN STATUES,
SETTING UP ILLEGAL CAMPS while ISSUING “DEMANDS” (Defund the Police)
DESTRUCTION OF HUNDREDS OF SMALL BUSINESSES—many of WHOM CAN NEVER COME BACK.
I hope this isn’t the America you want!
(IF IT IS, Joe Biden is your man (a puppet…calmly, quietly smiling from his basement, while America "burns in chaos!”) IF Biden knows how to remedy America’s problems NOW—problems like racial injustice and police brutality—why didn’t he remedy them when he and Barack Obama were in office?)
Right after the Fourth of July week, the celebration of America’s independence, make TWO pledges:
1. WE the people will show our love for America and ALL Americans regardless of race, color, creed or origin, and support all reasonable ways of helping them.
2. WE the people will choose Donald Trump, the President who was already bringing Greatness back to the USA, helping so many Americans!
(Bounce Biden, the “compromise candidate” who silently stands by, smiling passively as America falls into chaos—because he has neither ideas nor the will to lead in any other direction. He failed badly in two presidential runs, and was Obama’s compromise candidate as VP “to balance the ticket with an old-timer from Congress." Now he’s the Democrat party’s "compromise candidate out of two dozen!" Really?)
May God Bless You this July, and may He bless and guide the United States of America on the right path forward
And may God spare us from this Coronavirus plague, that illustrated how ill prepared we Americans were to work together against a common foe.
Best, John
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