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Trump Trade Deals   February 26, 2020

Posted by Dr. Robert Owens in Politics, Politiocal Philosophy, Uncategorized.
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President Trump campaigned on his ability to revoke, revise, or replace the bewildering myriad of trade deals previous administrations negotiated which worked primarily to the benefit of everyone except US.  Finally, after twenty-eight years of politicians selling American workers and entrepreneurs out President Trump is putting America first.

A case in point:

After dragging their feet and the nation through their impeachment/election campaign ploy the House recently passed the United States Canada Mexico Agreement (USMCA).  The Senate quickly followed suit and President Trump signed the new and improved trade deal replacing the job killing NAFTA.  This is the upgrade 21st-century America needs.

This is such an obvious improvement that even normally virulently anti-Trump labor leaders led by the AFL-CIO’s Richard Trumka have come out in support of the new deal.  In an op-ed for CNN Trumpka said, “Because of our patience and perseverance, the USMCA now includes strong labor rights and a viable mechanism to enforce them. … We also secured a separate enforcement mechanism that allows for inspections of factories and facilities that don’t live up to their obligations. This was an important priority for the labor movement because it ensures that working people in all three countries have greater protections under this new agreement. … The deal isn’t perfect, but that it is a far cry from the original NAFTA, and that is a huge win for working people in North America.”

United Steelworkers President Thomas Conway said, “The revised deal is better than the original USMCA and certainly better than NAFTA. It should be adopted. The leaders of all three countries must diligently enforce the provisions, however, and we intend to hold them accountable to ensure that workers, the environment and consumers are protected.  …  Outsourcing won’t end as companies continue to search the globe for places where they can profit off of the hard work of others, spoil the environment to improve their balance sheets and raise prices for basic needs. The fight for fair trade won’t end with this agreement, but it’s an agreement worth passing.”

And it isn’t just labor leaders expressing their appreciation for the types of trade deals President Trump is working to secure, which replace the giveaways previous administrations imposed on us that transfers American wealth overseas.

Lori Wallach of the left-wing Public Citizen organization which tracks globalization’s impact on American workers, referred to USMCA saying, “It sets the floor from which we will fight for good trade policies that put working people and the planet first.”  When comparing Trump’s USMCA to former President Obama’s failed Trans Pacific-Partnership (TPP) Wallach said, “The unusually large, bipartisan vote on the revised [USMCA] shows that to be politically viable, U.S. trade pacts no longer can include extreme corporate investor privileges or broad monopoly protections for Big Pharma and must have enforceable labor and environmental standards, in contrast to the 2016 Trans-Pacific Partnership, which never got close to majority House support.”

Breitbart News sums up the situation this way, “Decades-long free trade deals, NAFTA, and China’s entering the World Trade Organization (WTO) eliminated about five million American manufacturing jobs and 50,000 U.S. manufacturing plants since 1994.  American manufacturing is vital to the U.S. economy, as every manufacturing job supports an additional 7.4 American jobs in other industries.”

John Binder of Breitbart added, “Free trade advocates, such [as] former Vice President Joe Biden, claimed at the time that NAFTA would create a million U.S. manufacturing jobs in the first five years.  Instead, nearly a million American jobs have been certified by the federal government as being lost directly due to NAFTA, according to data gathered by Public Citizen.  These are only the U.S. jobs that the Trade Adjustment Assistance (TAA) program recognizes as being lost to free trade and does not indicate the actual number of jobs lost.”

Moving from the general to the specific let’s look at an example of how one American entrepreneur looked at the USMCA agreement and why he thought it was so vital to his industry and his state.

Before the passage of USMCA Jason Wilburn, president of Foerster Instruments, a manufacturer of equipment for the nondestructive testing of materials and components, along with other manufacturers from around the country converged on Washington to tell lawmakers to support and ratify the United States-Mexico-Canada trade agreement.  In an editorial published on Triblive.com Wilbur stated, “Just like the unseen parts used to make automobiles and airplanes work, the contributions of the Keystone State are often experienced — even if not always seen — every day around the world. The products manufactured in Pennsylvania help make the world function, but all of that could slow down if a critical trade agreement with our North American neighbors is not approved by Congress.”

While saying previous agreements providing for free trade throughout North America have been beneficial Wilburn added, “NAFTA is now more than 25 years old and in need of an update. That’s why the leaders of the U.S., Canada and Mexico negotiated a new and modern agreement to replace it.”  He went on to “explain the importance of tariff-free trade to my business and how the USMCA would build on previous trade deals and provide less onerous requirements to ship manufactured goods to our North American neighbors.”  In addition, the small manufacturer from Pennsylvania made this ringing cry for a level playing field, “that, without tariff-free trade across North America protected by a strong trade agreement, our state’s manufactured exports to Canada and Mexico could be hit with as much as $1.7 billion in extra taxes.  Costs like that are enough to devastate any business.  As a result, many of Pennsylvania’s manufacturers and the workers and communities they support would lose sales as competitors from Europe and Asia swoop in on our missed opportunity, steal our business and, along with it, the American dream.”

Ending his well-stated and impassioned plea for the passage of USMCA as the House dithered away the year in its relentless efforts to impeach President Trump Mr. Wilburn wrote this, “We need to cut the red tape and the arduous regulations that make it harder to do business. The USMCA does this for small manufacturers.  If the USMCA is ratified, businesses like mine will be able to continue doing what we do best: create highly sophisticated components and provide constant innovations in products to our global customers.  That’s good for Pennsylvania and it’s good for our country.”

And there you have it. President Trump works tirelessly to make America great again.  Now it’s up to us to see through the fog machine of artificial scandals and baseless charges and cast our votes to keep America great.

Dr. Owens teaches History, Political Science, Global Studies, and Religion.  He is the Historian of the Future @ http://drrobertowens.com  © 2020 Contact Dr. Owens drrobertowens@hotmail.com   Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens or visit Dr. Owens Amazon Page / Edited by Dr. Rosalie Owens

 

Trump Brings Home the Bacon  February 11, 2020

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According to the December report from the Federal Reserve Bank of Atlanta and despite what we’re told by the democrats in politics and those disguised as journalists, the wages of America’s low-income workers are rising faster than the democrat’s designated villains: America’s top-earners.  The report contains a graph which shows the median wage growth for the bottom 25% of workers hit 4.5% for the 12-month period ending in November.

According to CBS News, this exceeded the 2.9% gain in median earnings for the top 25% of earners.  CBS also said, “With unemployment at a 50-year low and the minimum wage rising in states and cities across the country, employers are now opening their wallets to attract low-wage employees.”

And this cannot be attributed to that age-old stalking horse, mandated increases in the minimum wage by the central planning bureaucrats.  John Robertson, a senior policy adviser in the Atlanta Fed’s research department said, “The increased tightness of labor markets, or some other factor than hikes in state minimum wages, is playing a role in pushing up the pay for those in lower-wage jobs.”

After conducting a poll CNBC said, “Every economic indicator in the poll of 800 Americans throughout the country is at or near a post-recession high. Half of all Americans judge the economy as good or excellent, the only time the percentage has been above 50 for two-straight quarters in the 11-year history of the poll.  In addition, 38 percent expect the economy to improve in the next year, the second highest number since the Great Recession. And 41 percent of homeowners expect the value of their homes to increase in the next year, the highest mark since 2007.”

According to US News and World Report, “Approval of President Donald Trump’s handling of the economy has risen 7 percentage points since the impeachment inquiry began, reaching its highest level in a year.”  The paper also quoted a CNBC poll saying, “According to the poll, the president’s net approval on economic issues rebounded from a minus-8% in September, the first negative of his presidency, to plus-9% in December. The 17-point jump is good for Trump, who ran on promises to improve the economy and who has continuously touted strong job numbers as part of his reelection campaign.”

These figures are higher than Trump’s overall approval rating.  This may indicate that record low unemployment levels, stable gas prices, a roaring stock market even in the face of a hostile and abusive media could still help get the president across the finish line in November.  Gallup Polling puts it this way, “Americans are more upbeat about their personal finances today than at any time in the past 10 years, with 49% saying they are financially better off than they were a year ago. This is up from the 44% who felt financially better off at the same time last year and from a low of 23% in 2009.”

Some attribute this rise in wages for the lowest income bracket to be a result of President Trump’s immigration policies.   When there’s less low-skilled foreign competition against Americans through increased interior immigration enforcement these most vulnerable Americans experience a labor market that now resembles the labor market of top-tier workers.  Nick Bunker an economist with Indeed.com pointed this out when he told the Wall Street Journal, “A strong labor market makes the bargaining power of lower-paid workers more like the labor market higher-wage workers experience during good times and bad.”

John Binder of Breitbart observes, “For the first year in decades, the U.S. economy has tipped toward American workers rather than employers in terms of the labor market. Today, due to less foreign competition, workers have more chances to seek out the highest-paying job.  For decades, it was employers who would bid on workers.”  Now its employers trying to attract workers.

On a recent broadcast of the New York City-based radio show “Cats Roundtable,” White House’s Office of Trade and Manufacturing Policy director Peter Navarro said “Under President Donald Trump, everybody who wants a job can get a job.”

The current casting call of presidential wanabees tries to gain center stage by out bidding each other to buy our votes; “I’ll give everyone a thousand dollars a month and free healthcare!”  “I’ll give every retiree $250 extra per month, free healthcare for everyone, and forgive all student loans!”  “I’ll give free healthcare for everyone, free college, forgive all student loans, and get the banks to write off debts.” Blah, blah, blah, ad infinitum.

Meanwhile President Trump with little fanfare and totally ignored by the Corporations Once Known as the Mainstream Media brings home the bacon.  This may be bad news for the bi-coastal elites but it’s good news for those of us out here in fly-over country thinking about paying the rent and putting food on the table.

Dr. Owens teaches History, Political Science, Global Studies, and Religion.  He is the Historian of the Future @ http://drrobertowens.com  © 2020 Contact Dr. Owens drrobertowens@hotmail.com   Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens or visit Dr. Owens Amazon Page / Edited by Dr. Rosalie Owens

 

 

 

 

Retirement Requirements Get the Trump Treatment  January 28, 2020

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After they stop working people soon learn they must pay taxes: Social Security and Medicare they thought they were paying for with every paycheck all their working life.  Along with these revelations comes the realization that Social Security isn’t enough to live on.  That’s were 401Ks and IRAs come in handy.  But not everyone was lucky enough to have had the opportunity to participate in such plans.  Most people work for small businesses and until lately small businesses were prohibited from offering their employees such opportunities to save for the future.

Then came Trump.

While President Trump leads the way in trying to make life better for American workers CNBC’s Jim Cramer noted, “Trillions of dollars in wealth has been created through retirement accounts” and “Democratic presidential candidates do not seem particularly concerned about Americans’ retirement savings accounts.”  Clara Del Villar of Newsmax puts it this way, “The Democratic debates have failed to raise senior issues to any prominence.”

The Corporations Once Known as the Mainstream Media consistently portray seniors as self-serving grifters who are not concerned about much more than their Social Security checks.  That same media presents those checks as some sort of welfare payment.  Seniors have paid through forced investment their entire working life for those social security checks.  It is in no way their fault that the black hole of federal spending turned social security into a Ponzi scheme.

With little fanfare in January 2020 President Trump signed into law the new SECURE ACT (Setting Every Community Up for Retirement Enhancement).  This new law offers some of the most important and useful tools for retirement in years.

For one thing small business employers who were not allowed to provide 401Ks to their employees can now offer them participation through multiple employer plans. This is an example of how a slight change in regulations in one place can have a massive impact on the whole economy as this one change has the potential to add as much as one trillion dollars to the market over the next five years.

Here are some of the main provisions in the SECURE act that have the ability to impact your future.

  1. The Minimum Distribution age for IRAs and 401Ks has been increased. You no longer must face mandatory withdrawal of your funds at age 70 1/2. You can wait until 72. That’s more time to grow your savings by staying invested in tax advantaged vehicles.
  2. Retirees or those who continue work into their 60s and early 70s can now contribute into their IRA until age 72. People who are lacking in retirement savings have additional funding flexibility for a few more years.
  3. You now have an additional opportunity to execute a Roth IRA conversion. Unlike traditional IRAs, Roth IRAs are tax-free at withdrawal, which is a sensible plan if one expects higher tax rates in the future.
  4. Employees will soon have the option to select guaranteed lifetime income products or annuities in their retirement plans. Employers will be exempt from lawsuits (called safe harbor) if the insurer does not pay future claims.
  5. The SECURE Act eliminated the “stretch” provision for IRA or 401K beneficiaries. Previously, a traditional IRA beneficiary had a lifetime to “stretch” the tax advantaged benefits of a bequeathed fund. Now that time frame to distribute the entire inherited retirement account has been reduced to 10 years after the death of the owner. Special exemptions still exist for the surviving spouse and minor children.

Other provisions include:

  1. Provide a maximum tax credit of $500 per year to employers who create a 401(k) or SIMPLE IRA plan with automatic enrollment.
  2. Enable businesses to sign up part-time employees who work either 1,000 hours throughout the year or have three consecutive years with 500 hours of service.
  3. Encourage plan sponsors to include annuities as an option in workplace plans by reducing their liability if the insurer cannot meet its financial obligations.
  4. Permit penalty-free withdrawals of $5,000 from 401(k) accounts to defray the costs of having or adopting a child.

In America today people age 65 and older are twice as likely to be working compared with 1985.  According to recently released data from the Census Bureau and Bureau of Labor Statistics (BLS), the percentage of retirement-age Americans in the labor force has doubled since 1985, from its all-time low of 10 percent in January of that year to 20 percent in February 2019.

Americans continue to work longer and harder than ever before.  And President Trump continues to work to help them provide for their own future.  Not just with Social Security, which is meant to be supplemental at best, but with expanded individualized and privatized investment opportunities.

Dr. Owens teaches History, Political Science, Global Studies, and Religion.  He is the Historian of the Future @ http://drrobertowens.com  © 2020 Contact Dr. Owens drrobertowens@hotmail.com   Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens or visit Dr. Owens Amazon Page / Edited by Dr. Rosalie Owens

 

 

January 14, 2020

Posted by Dr. Robert Owens in Politics, Politiocal Philosophy, Religion, Uncategorized.
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Trump the Pro-life President

Ever since the abomination of Roe V. Wade unleashed a holocaust of death upon America those of us who value life have prayed for a leader who could and would do what they should.  Back in 1973 when the Burger Court turned the Constitution on its head by discovering a constitutional right to kill the unborn then President Nixon didn’t even make a public statement.  Privately he said that in some instances abortion was necessary.

Since then we’ve elected several presidents who said publicly that they were pro-life: Reagan, George I, and George II.  All three took some steps to restrict federal funding for abortion and made public statements condemning abortion and boosting the pro-life cause.  All three gave taped addresses to the massive annual Right-to-life march in Washington filled with values and voters.

Of course, since the slaughter of the innocents gained the federal stamp of approval we’ve had every Democrat candidate champion the freedom to choose death.  And we’ve had two who made it to the White House: Clinton and Obama.  Once there they both proudly opened the spigot from the Treasury to the abortion mills forcing all taxpayers to pour billions into the industrial scale elimination of generations of Americans.

Then came Trump.

Unlike other politicians who tell us what we want to hear and then forget what they said until they need our votes again, President Trump works daily to fulfill his campaign pledges.  Many pro-life people worked hard to elect President Trump. That hard work has paid off for the pro-life movement and the unborn! Here are just some of the pro-life accomplishments of President Trump and his Administration.

One vital pledge he continues to make a reality is his oft repeated pledge to only appoint pro-life Justices to the Supreme Court.  So far, he’s appointed Justices Neil Gorsuch and Justice Brett Kavanaugh.  Both are constitutional originalists who believe in the sanctity of life.  In addition, President Trump nominated another 180 pro-life federal judges on the Circuit and District courts.  Thanks to the failure of President Obama to fill open seats and President Trump’s untiring efforts to do his job this is more than any other President has done at this point in his first term.

Another promise repeatedly made by other Republican presidents but only half-heartedly kept, President Trump follows through in a big way depriving the abortion industry of billions of dollars.  This is Trump’s three-pronged assault on the money the abortionists earn from their industrial scale destruction of life.  First, the Donald signed legislation permitting states to defund Planned Parenthood of Title X family planning.  Second, he issued an Executive Order giving states the option to withhold Medicaid and other federal money from organizations that perform abortions, including Planned Parenthood.  And third, he also issued the Protect Life Rule which cuts Title X funding on the federal level of Planned Parenthood and the rest of the abortion industry.

Reacting to the revelations of Project Veritas’ (undercover videos concerning the sale of body parts obtained from aborted infants by Planned Parenthood) President Trump changed federal funding rules regarding research.  According to the new guidelines, federal funds can no longer support research using the body parts of children killed by abortion.

Reversing the Obama Administration’s pro-abortion policy, President Trump reinstated and expanded the “Mexico City Policy.”  The Bush-era Mexico City Policy protected approximately $500 million in spending.  The expanded Trump policy protects over $8.8 billion in federal overseas aide from funding abortion.  He also took aim at one of the premier pro-abortion organizations in the world when he stopped funding for the United Nations Population Fund (UNFPA).  By these vigorous steps our president ensures that our tax dollars are not funding the abortion industry overseas across all global health spending, not just family planning dollars.

Under Dr. Ben Carson the Trump Administration’s Department of Health & Human Services (HHS) issued a rule requiring that insurers inform their customers whether the plan they’re buying covers abortion.

President Trump created a new office in the HHS for Conscience and Religious Freedom.  Now people who under Obamacare insurance regulations are forced to participate in abortion, can have their rights explained and protected more effectively.

President Trump issued rules protecting employers from the Obamacare “HHS Mandate” that forced them to pay for abortion-inducing drugs in the health insurance plans they offer their employees.

Starting with his choice of Mike Pence as his Vice-President Mr. Trump has appointed strong pro-life advocates across his administration. Most of the others don’t make the headlines.  However, they’re making and implementing policies and practices advancing the right to life of the unborn.

President Trump continues the battle for life day-after-day.  He consistently leads the way advocating that Congress pass such bills as the Pain Capable Unborn Child Protection Act.  And he fights for the full removal of federal funding from Planned Parenthood across-the-board.

And not only does President Trump battle for life in the swamp he encourages the movement as no American leader has since Ronaldus Magnus.  At his packed rallies from sea-to-shining-sea the President encourages us all by speaking in plain terms about the abortion issue, rather than other so-called leaders who use vague abstractions and veiled group-speak so as not to upset their media critics too much.  And time-after-time both the President and Vice-President attend and address pro-life events including the March for Life.  They also host meetings and receptions for pro-life leaders in the White House and other high-profile locations.

Long have we sought someone who would lead the pro-life movement toward our goal of ending the massacre of the unborn.  I believe God does not judge societies by the sin that exist in them for the same sin lurks within all humans.  I believe instead that God judges societies by the sins which they condone.  God destroyed Judah because they sacrificed the children to the pagan god Moloch.  Today millions of American children are sacrificed on the altar of convenience, self-will, and vanity.  The blood of the innocents cry out to God.

If God does not judge us for the slaughter of the innocents it seems like He should offer an apology to Sodom and Gomorrah.  But we who fear the Lord should not refrain for praying that God’s hand move against this terrible national sin.  For though a thousand may fall at your side and ten thousand at your right hand it shall not come near you.  And the truth is that our Father has told us “If My people who are called by My name will humble themselves, and pray and seek My face, and turn from their wicked ways, then I will hear from heaven, and will forgive their sin and heal their land.”

Don’t despair.  Instead rejoice for we finally have a president leading the way out of the darkness of infanticide and back to the light of life.  So, keep the faith, keep the peace for we shall overcome, and why worry when you can pray.

Dr. Owens teaches History, Political Science, Global Studies, and Religion.  He is the Historian of the Future @ http://drrobertowens.com  © 2019 Contact Dr. Owens drrobertowens@hotmail.com   Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens or visit Dr. Owens Amazon Page / Edited by Dr. Rosalie Owens

 

 

 

 

2020 Hindsight Will Judge These Predictions January 6, 2020

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My favorite America Philosopher, Yogi Berra once said, “It’s tough to make predictions, especially about the future.”

With that truism in mind let me begin doing the heavy lifting and tough stuff of being the Historian of the Future:

As I predicted before his inauguration our President has been impeached by a Democrat dominated House and no matter what the official charges may say the charge is that they don’t like him, and Hillary was supposed to win.  In the coming year President Trump will be acquitted by the Senate and go on to win a landslide victory in November.  His coattails will sweep in a Republican Congress.  This Republican majority won’t be diverted or perverted by the likes of Paul Ryan and they’ll work diligently with President Trump to deliver the wall and other promises designed to keep America great.

Though the Democrats, the Deep State, and their Media publicists continue to try and manufacture a recession just before the election the economy will finish the year strong with the Trump Bump carrying us into a new decade.

President Trump will complete his first term as the first president since Carter to finish his first term with out taking us into a new war.

In the 2020 election President Trump will receive the highest percentage of Black and Hispanic votes of any Republican since FDR.

Unless there is a forum devised to take the process out of the hands of the highly partisan supposedly nonpartisan Commission on Presidential Debates President Trump will skip these opportunities for the democrats who pretend to be journalists to tip the scales in their candidate’s favor with unfair questions, characterizations, and inuendo.

The stock market will follow the impeachment show.  If it looks like the President will be removed it will fall if it looks like he will be exonerated it will rise.

Same thing with the election.  Trump winning = stock market goes up.  Trump losing = stock market goes down.

If the neo-cons and democrats manage to manufacture a war Trump can’t avoid or if they succeed in sinking the economy, all bets are off and Venezuela here we come.

China will continue to swallow Africa, stamp out freedom in Hong Kong, intimidate Taiwan, sign a major treaty with the Philippians, accelerate their defense build-up, launch more probes to the moon, and violate every trade deal they sign with the USA.

Putin will orchestrate the reunification of Russia and Belarus opening the door for him to remain in the presidency beyond the end of his second second term.

Brexit is a done deal. After which Britain will sign a new trade treaty with the USA as it rebuilds its links with Australia, Canada, and New Zealand.

Italy will swing back to the right.

Hungary and Poland will continue to turn away from the centralizing bureaucrats in Brussels.

The climate cult will continue to chatter away while the world spins on as usual.

Sweden’s society will buckle under the weight of EU mandated refugee resettlement.

Great Britain will face increasing calls for both Scottish independence and the unification of Northern Ireland with the Republic of Ireland.

Catalonia will continue its efforts to break free of Spain.

Libya will degenerate into a full-blown civil war with outside powers fighting a proxy war for control of its oil.

Japan will begin a major re-armament campaign.

The declining purchase of Fed T-Bills by foreigners means that the Fed’s monetization of our ever-increasing debt will accelerate in 2020.

Marijuana will become legal in several more states.

The United Methodist Church will split over gay marriage and the ordination of homosexuals.

The Roman Catholic Church will be wracked by scandals at the highest levels of the Vatican.

Today is tomorrow’s yesterday and it’s all now to God.  So no matter what happens in the coming year if we hold on to Him we’ll eventually trade this transitory here for an eternity there.

Dr. Owens teaches History, Political Science, Global Studies, and Religion.  He is the Historian of the Future @ http://drrobertowens.com  © 2020 Contact Dr. Owens drrobertowens@hotmail.com   Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens or visit Dr. Owens Amazon Page / Edited by Dr. Rosalie Owens

 

 

Trump Remembers the Forgotten December 10, 2019

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Not so long ago Washington all but gave up on our country’s blue-collar workers.  They washed their hands of those in the supposedly outdated manufacturing and energy sectors.  The message the perpetually re-elected and their bureaucratic “experts” tried to sell us through their media megaphone was that with the rise of globalization these industries were hopelessly in decline.  According to them for the vast portions of the country they contemptuously call the “Rust Belt,” there was nothing anyone could ever do to change that.

Mocking then-candidate Donald Trump’s pledge to bring these jobs back President Obama asked, “What magic wand do you have?”  It turns out no magic wand was necessary.  All we needed is a President willing to fight for the forgotten workers across America with policies that put U.S. industry first instead of ones that sold us out to the globalists.

Beginning as soon as he entered the Oval Office President Trump turned the accepted wisdom of the inside-the-Beltway Deep State on its head.  Instead of going along to get along the populist president repudiated the globalist agenda of the Bush-Clinton-Obama triumvirate.

He cast aside the downward trajectory of managed decline and adopted a policy agenda that’s made life easier for America’s working people and the small businesses that employ the majority of them.  He passed the biggest employer and worker tax cuts in a generation.  He mandated deregulation across the board.  And defying the naysayers he’s negotiated new trade deals that have one goal in mind; make America great again by putting the interests of America first.

These bold moves have helped drive the unemployment rate to a 50-year low.  And according to Investor’s Business Daily the Trump economy is creating factory jobs ten times faster than under the Obama administration.  Blue-collar jobs are surging for the first time in decades.  Since President Trump’s inauguration 523,000 manufacturing jobs have been added.  Compare that with the 287,000 created during President Obama’s final three years in office.

In August, 2019 while touring Shell’s new Pennsylvania Petrochemicals Complex President Trump sought to explain that it’s a new dawn for American energy and manufacturing.  In his remarks he said, “With your help, we’re not only unleashing American energy we’re restoring the glory of American manufacturing, and we are reclaiming our noble heritage as a nation of builders again.  The critics expected you to stay on the sidelines, silence your voices, and surrender the future of our nation.”

In December of 2018 the Wall Street Journal reported, “The U.S. became a net exporter of oil and refined fuels last week for the first time in decades, a symbolic milestone that would have seemed unthinkable just 10 years ago.” Today America is the largest crude oil producer in the world.  Until the Trump Bump none of this was considered possible.  Now the world is filled with possibilities.

On August 19, 2019 while speaking at the Detroit Economic Club Vice President Mike Pence said “Wages are rising at the fastest pace in more than a decade.   And maybe most important of all to the President and me: that wages are rising fastest for blue-collar working Americans. The forgotten men and women of America are forgotten no more.”

Dr. Owens teaches History, Political Science, Global Studies, and Religion.  He is the Historian of the Future @ http://drrobertowens.com  © 2019 Contact Dr. Owens drrobertowens@hotmail.com   Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens or visit Dr. Owens Amazon Page / Edited by Dr. Rosalie Owens

 

Trump Negates a Nasty Narrative   December 4, 2019

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Remember journalism?  This was an archaic art form once practiced by investigative reporters who tried to discover the truth and then inform others of what they found.

While true objectivity is a mirage or an Historian’s joke, once upon a time there were people who attempted to present the facts and then allow readers, viewers, or listeners to decide for themselves.  We called them jour·nal·ists.  In today’s hyper-partisan world of Spy vs. Spy corporate tit-for-tat attack media, true journalism has been abandoned.  People like James O’Keefe of Project Veritas who actually investigate and report are treated as tinfoil hat wearing denizens of the fringe by the hacks infesting the Corporations Once Known as the Mainstream Media.

As a case in point one of the most virulent myths that have metastasized through the chatocracy bouncing like a Ping-Pong ball from talking head to talking head is the lie that President Donald Trump is a racist who described the neo-Nazis who rallied in Charlottesville, Va., in August 2017 as “fine people.”  This Faustian fabrication twists the words of the President whose statement with regards to the tragic incident in Charlottesville clearly related to those on both sides of the Confederate monument debate.

Judge for yourself.  Here are the actual words of the President at a news conference shortly after the Charlottesville incident:

“Excuse me, they didn’t put themselves down as neo-Nazis, and you had some very bad people in that group.  But you also had people that were very fine people on both sides.  You had people in that group – excuse me, excuse me, I saw the same pictures you did.  You had people in that group that were there to protest the taking down of, to them, a very, very important statue and the renaming of a park from Robert E. Lee to another name.”  Then, in answer to a misleading follow-up question, the President further clarified his meaning by stating, “I’m not talking about the neo-Nazis and white nationalists because they should be condemned totally.”

The Democrat Media’s blatant rewriting of history in this case has been so outrageous it has even earned a challenge by CNN’s political commentator, Steve Cortes, when he stated, “As a man charged with publicly explaining Donald Trump’s often meandering and colloquial vernacular in highly adversarial TV settings, I appreciate more than most the sometimes-murky nature of his off-script commentaries.  But these Charlottesville statements leave little room for interpretation.  For any honest person, therefore, to conclude that the president somehow praised the very people he actually derided, reveals a blatant and blinding level of bias.”

And if the President was not clear enough about his views at the news conference his words in a subsequent statement condemning the attack that killed a counter-protestor at the white supremacist rally in Charlottesville, Virginia should have laid the racist talking point to bed.  In that statement the President said, “Racism is evil, and those who cause violence in its name are criminals and thugs, including the KKK, neo-Nazis, white supremacists, and other hate groups that are repugnant to everything we hold dear as Americans.”

Later after the shooting in El Paso the President said, “In one voice, our nation must condemn racism, bigotry, and white supremacy. These sinister ideologies must be defeated.  Hate has no place in America.”

In their epic battle to maintain the chains of their nearly universal hold on the Black vote the democrats masquerading as journalists will go to any lengths to keep the Charlottesville hoax alive.  Repeating their lies over and over on every network and in every newspaper they hope the width, depth, and volume of their calculated cacophony of criticism will fulfill the cynical belief espoused by Nazi propaganda minister Joseph Goebbels when he said, “If you tell a lie big enough and keep repeating it, people will eventually come to believe it.”

Those who refuse to believe the truth will believe the lie.  The denizens of the Deep State swamp know this and the second part of Goebbels’ quote clarifies the goal of their efforts; “The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

Truth is their enemy.  Truth is our ally.  Turn away from the false narrative of the echo chamber commentary and read for yourself the words of our President and watch as Trump Negates a Nasty Narrative.

Dr. Owens teaches History, Political Science, Global Studies, and Religion.  He is the Historian of the Future @ http://drrobertowens.com  © 2019 Contact Dr. Owens drrobertowens@hotmail.com   Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens or visit Dr. Owens Amazon Page / Edited by Dr. Rosalie Owens

 

 

 

 

 

 

The Trump Bump Stumps Chumps November 12, 2019

Posted by Dr. Robert Owens in Politics, Politiocal Philosophy, Uncategorized.
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Here’s a sampling of some of the positive economic headlines and pull quotes after almost three years of President Trump’s effort to Make America Great Again:

Trump’s Economic Triumph: “Prosperity is increasing, and the less well-off are benefiting the most.”

Trump economy is really experiencing a middle-class boom — this data doesn’t lie: “Median household incomes under Donald Trump have soared from $61,000 to an all-time high of $66,000 in less than three years into the Trump presidency. This is tremendous news and documents substantial middle-class prosperity in Trump’s first three years in office.  The $5,003 rise in middle-class incomes is especially impressive given that incomes only rose by $1,200 in the seven years under Obama”

Trump’s Economy Is Working for Minorities: “The U.S.’s long economic expansion has been particularly beneficial for minority workers. … The unemployment gaps between both blacks and whites as well as Hispanics and whites have reached all-time lows. It’s not just that the job market has been good: For minorities, it has been historically good.”

Trump economy surges while Biden and Obama hog the credit: Middle-class incomes have grown almost three times faster under Trump than under Obama. This is like trading in a Pinto for a Porsche and as you’re flying down the highway saying it’s just a trend.  Small business and consumer confidence as well as the stock market surged in the days after the Trump election and have stayed high ever since.  Coincidence?  Hardly.

More to the point, most of Trump’s policies have been to reverse Obama policies, not to continue them. Obama raised tax rates; Trump cut them . Obama grew regulations at a record pace; Trump has been rescinding them at a record pace.  Or as the Washington Examiner expressed it, “Trump kills 16 regulations for every new one, crushing the 2-for-1 goal.”  Obama negotiated the Paris climate accord — a $100 billion tax on the American economy — and Trump smartly pulled us out.

What’s next?  Will Jimmy Carter start taking credit for the Reagan boom?”

Of course the Corporations Once Known as the Mainstream Media work overtime filling the airwaves, headlines, and the wall-to-wall cable chatocracy with fake news telling us how lower taxes and less regulations will destroy of the American economy.

In reality, the Trump program of tax cuts for workers, deregulation, and policies that put American industries first—from farmers to manufacturers to energy producers—is finally allowing the United States to negotiate from a position of strength.

The fact is that the self-appointed experts who broke our economy have no idea how President Trump is fixing it.  The very thought that free enterprise, individual liberty, and economic opportunity might be just what’s needed to reinvigorate the over-regulated and centrally-planned nation in decline they devised doesn’t even register as a possibility.

American jobless claims fall week after week.  This means fewer of our citizens have to file for unemployment benefits in what is now a strong labor market.   Surprise – surprise – surprise the democrats who pose as reporters and their in-house economists didn’t see that coming.  Did you ever notice how every positive report is accompanied shock and bewilderment.

While the economy is surging across the board for an example of why let’s take a moment and think about the so-called trade war with China.  For years, both Democrats and Republicans promised to hold Beijing accountable for breaking the rules on trade. For instance China is responsible for 87 percent of the counterfeit goods seized entering America which costs us an estimated 600 billion per year.  Its intellectual property theft is estimated to cost U.S. employers another 600 billion each year.  Its average tariff rate on our goods entering their country is nearly three times what we charge them.

Unlike past leaders, President Trump is actually keeping his promise to make China play by the rules. The socialists don’t like that.  They’ve argued for years that upsetting the Chinese communists by calling them to account will hurt our economy.

But that doesn’t appear to be the case.

Andy Puzder the former CEO of CKE Restaurants wrote for Fox News: “Here in the U.S. – despite claims that tariffs would end the current economic recovery and increase consumer costs – our economy remains the envy of the world.  Inflation is in check, unemployment is near a half-century low, wages are surging, and economic growth is continuing to beat expectations.”

Puzder continued, “A skilled negotiator like President Trump knows that you should never rush into a deal, even if the political benefits are compelling.  As a nation, we would eventually pay the price for a deal driven by politics rather than substance.”

How is President Trump’s policy of standing up for America impacting China?  President Donald Trump’s top economic advisor Larry Kudlow said on CNBC’s Squawk on the Street. “The Chinese economy is crumbling. It’s just not the powerhouse it was 20 years ago. …  Any long chart of Chinese investment or economic metrics shows a steady downdraft.  …  Their GDP, which is probably inflated by several points, is coming in lower and lower. …  The economic burden of these tariffs is falling almost 100 percent on China.”

As highlighted above the Trump Economy is already strong, especially for the blue-collar workers who need it most.  Once the President’s America First policies persuade China to end its decades-long trade war on America, the United States’ economic future will be shining like a bright sunrise after a long dark night.

So while the left’s continually surprised self-appointed experts claim President Trump doesn’t know what he’s doing on trade or the economy the results prove they’re the ones being schooled by the reality of the Trump Bump or as my purposefully attention grabbing alliterative title puts it, “The Trump Bump Stumps Chumps.”

Dr. Owens teaches History, Political Science, Global Studies, and Religion.  He is the Historian of the Future @ http://drrobertowens.com  © 2019 Contact Dr. Owens drrobertowens@hotmail.com   Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens or visit Dr. Owens Amazon Page / Edited by Dr. Rosalie Owens

 

President Trump’s Pledge to American Workers October 29, 2019

Posted by Dr. Robert Owens in Politics, Politiocal Philosophy, Uncategorized.
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According to K1FO News President Trump’s agenda is driving an economic resurgence.  The President’s agenda is creating more and more opportunities for American workers.

  • More than 5.3 million jobs were created between President Trump’s election and his second State of the Union Address alone.
  • June 2019 marked the 16th consecutive month that America’s unemployment rate remained at 4 percent or below.
  • In early 2019, wage growth for U.S. workers hit its fastest pace in a decade.

K!FO goes on to say, “This high-energy growth environment presents both a challenge and an opportunity. The challenge is that companies must find more workers with specific skill sets to fill an increasing number of open jobs. The opportunity is that with more affordable, relevant training, many American workers will now have the chance to move into better jobs that deliver bigger paychecks.”

As another step in his effort to fulfill his pledge to make America great again the President’s National Council for the American Worker was established by President Trump in 2018.  This council soon launched its flagship program Pledge to America’s Workers.  This is a program designed to lead the way in inspiring American entrepreneurs and educators toward the goal of training and equipping people with the 21st Century skills they need to succeed and our economy needs to excel.

By July the program signed on more than 20 companies and business groups.  The leaders of these various enterprises committed to hire or train more than 3.8 million workers over the next five years.  By 2019, just one year later, over 300 companies and organizations have taken the pledge.  Over the next five years this will produce a total to over 12 million new training opportunities for students and workers.

What prompted the President to move in this direction is the well-known skills gap in today’s labor force.  In an America recovering its manufacturing base with a booming construction industry, and a consumer market following the stock market through the roof employers are having a hard time finding qualified people to fill their rapidly rising number of open positions.  There seems to be a “Help Wanted” sign in front of every factory and in the window of every store, restaurant, and office.  After President Obama’s “New Normal” and in the wake of the Trump Bump there are roughly 1.3 open jobs for each unemployed worker.

According to a report by the American Action Forum (AAF) his shortage of qualified workers is projected to cost our economy $1.2 trillion over the next 10 years.  And this isn’t just a problem for one sector of the economy or a select few entrepreneurs.   According to a report by the Association for Talent Development 83% of employers reported difficulty finding workers with the right skills.  This tightening labor market provided fertile ground for President Trump’s initiative.  Some of the largest corporations in America have taken the pledge including Walmart, Microsoft, FedEx, Lockheed Martin, AT&T, the National Retail Federation, and Associated Builders and Contractors.

As Tamar Jacoby, president of Opportunity America, a think tank focused on economic mobility puts it. “It’s true that there’s been a need to really kick some employers in the pants, basically, or politely get them to volunteer to do more. You can’t fix the skills gap; you can’t train workers for jobs unless you involve the people who are going to hire them.”

Reflecting on the tight labor market that has inspired so many employers to join in President Trump’s imitative Tara Sinclair, George Washington University professor of economics said, “Employers might have been reticent before to [train workers] because it’s spending money on something, and employers want to avoid that where they can.”

As reported from several sources some of America’s largest corporations have taken the pledge and have made specific promises to hire and train thousands of Americans to compete in the economy of the future.

Lockheed Martin

Lockheed Martin (LMT) the aerospace giant announced it is investing $5 million in vocational and trade programs and pledged to create 8,000 new jobs for skilled workers over the next five years.

After visiting Lockheed’s facilities Ivanka Trump, the president’s daughter, advisor and co-chair of the American Workforce Policy Advisory Board said, “Through Lockheed Martin’s Pledge to America’s Workers commitment, and the booming American space industry, we are at the forefront of the changing nature of work, from the use of artificial intelligence to advanced manufacturing.”

Walmart

Walmart operates more than 5,000 stores across the U.S. and Puerto Rico.  A year after joining the pledge, Walmart (WMT), which pledged to provide training for 1 million people over the next five years, is ahead of schedule, having already trained 200,000 people.  Walmart spokesperson Kory Lundberg said, “If you are confident in doing your job, you’re going to be better at it. You’re going to be better able to take care of customers, it’s going to result in a better experience for the worker, it’s going to result in a better experience for the company.”

FedEx

FedEx (FDX) pledged to train 512,000 workers across the country over the next five years.  When he joined the pledge last year, FedEx CEO Frederick Smith, who is a member of the White House’s American Workforce Policy Advisory Board, said, “We are encouraged by the Administration’s commitment to ensuring American workers develop the appropriate skills and have access to the training needed for today’s in-demand jobs and the jobs of the future.”

Hill International Trucks

Hill International Trucks which employs more than 230 workers pledged to hire and train 50 workers over the next five years.  Hill International Trucks’ spokesperson Renee Murphy stated, “I think it’s great that the White House has this initiative, especially in our industry and it’s becoming increasingly challenging to find these skilled labor positions. So the more training and partnerships that we can have out there between businesses and schools, I think the better.”  He went on to say, “The Company is investing $95,000 per technician over the next five years.”

This is just a sampling of what’s been accomplished.  While the nation’s headlines and talking heads are consumed with the propagating a smoke screen for the on-going coup attempt President Trump and his team continue to work tirelessly to Make America Great Again.  The unprecedented accomplishments of America’s blue-collar billionaire may be buried under an avalanche of fake news but no one can hide the renaissance that’s taking place in the lives of working Americans.  And though the denizens of the swamp may think they’re making progress in the attempt to reverse the results of 2016 the landslide of 2020 should re-focus the lens of History.

Dr. Owens teaches History, Political Science, Global Studies, and Religion.  He is the Historian of the Future @ http://drrobertowens.com  © 2019 Contact Dr. Owens drrobertowens@hotmail.com   Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens or visit Dr. Owens Amazon Page / Edited by Dr. Rosalie Owens

 

 

 

 

MAGA Raises For American Workers October 16, 2019

Posted by Dr. Robert Owens in Politics, Politiocal Philosophy, Uncategorized.
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“If it bleeds it leads” is how the old saying concerning media attention goes.  And with the anti-Trump mob smelling blood in the water all we hear is “IMPEACH!! IMPEACH!!! IMPEACH!!!!” as if repeating this mantra over and over will make their dream of reversing the results of the 20916 election come true.  And because of this obsessive compulsion to control the narrative the good news concerning America’s economy is buried below the fold on page 57 of the classifieds.

However, as is always the case eventually the truth comes out.  President Trump, the blue collar billionaire, who sacrificed living the dream to living in a fish bowl filled with sharks, continues to work with little fanfare and less credit to improve the lives of American citizens.

As an example let’s look at the wages of American workers.  According to the Pew Research Center as of 2018, “despite some ups and downs over the past several decades, today’s real average wage (that is, the wage after accounting for inflation) has about the same purchasing power it did 40 years ago.”  Of course this report in 2018 was chronicling the findings from 2017 as the nation began to stir after years of the Bush-Clinton-Bush-Obama managed decline model.

Even as the relentless and furious attempt to reverse the 2016 election continues the positive changes initiated by President Trump are fighting through a log jam of phony charges and kangaroo hearings to benefit the citizens of our great republic.  Today it’s morning again in America as the Trump Bump gathers steam bringing concrete benefits all of us.

On July 24th the Bureau of Economic Analysis (BEA) published its annual revisions to personal income data.  This download of data included a pleasant surprise.  There was a notable increase in disposable income and employee compensation.

These revisions showed employee compensation rising 4.5% in 2017 and 5% in 2018—some $4.4 billion and $87.1 billion more than previously reported. The trend has continued into 2019, with compensation increasing $378 billion or 3.4% in the first six months alone. Wages and salaries were revised upward to 5.3% from 3.6% in May year over year. And in June wages and salaries grew at an annual rate of 5.5%, which is a rocking 4.1% after adjusting for inflation.

The BEA also revised overall personal income up by 1.7% for 2017 and 2018 and transfer receipts down 0.7%.  What does this mean?  It shows that Americans are earning more and relying less on government.

As an example of Americans becoming more self-reliant we can look at the precipitous decline in the number of people who require food stamps to maintain a healthy diet.  According to Fox News, “The latest intel from the U.S. Department of Agriculture (USDA) affirms that the amount of food stamp beneficiaries reached 40,083,954 in March 2018. The foregoing number is the lowest since February 2010. Experts have moreover attributed the decline to crackdowns on fraud within the food stamp program, coupled with President Trump’s economic improvements.”

In addition the BEA report also offered a revision in the personal savings rate.  The government’s estimates were increased by $217 billion for the first two years of the Trump administration and are now $1.3 trillion, which means Americans are saving more of their earnings.

The BEA report continued uncovering more positive information concerning savings.  It revised the personal savings rate upward to 8.1% from 6.1% in May, which is much higher than the roughly 5% before the last two recessions. This should make the current economic expansion more sustainable since consumption isn’t based on increased household debt consumer spending is increasing as wage growth grows due to a tight labor market.

Just think for a moment about how the liberal media endorsed President Obama’s “New Normal” as the reason worker incomes weren’t growing faster during the previous administration.  Then came Trump: and today employee compensation has increased by $150 billion.  That is more in the first six months of 2019 than in all of 2016.  Let this comparison sink in.  It is even more pronounced when we look at the first two years of the Trump Presidency: compensation increased 42% more since Trump’s inauguration than in 2015 and 2016 combined.  This completely discredits the claim that the economy is merely continuing the same trajectory since 2017.

This all flows as naturally as water over a cliff from President Trump’s two pronged plan to revitalize America.

First there is the on-going effort to scrap the economic strangulation of regulation.  According to the Washington Examiner, “Deregulation explodes under Trump, 13 regulations killed for every new one, $33B saved.”   This unleashes the entrepreneurial spirits of Americans.  Just think about the fact that after decades of promising energy independence while restricting where and how we could drill for oil or dig for coal after just three years of Trump’s “Drill Baby Drill” policies and the removal of oppressive regulations we’ve become the largest producer of energy in the world.

Secondly there is Trump’s tax reform.  This has inspired businesses to invest in new facilities and equipment.  In the long run this investment will lead to higher worker productivity and wages.

And we are endlessly bombarded with the story that the profits of the 1% are far out pacing the financial benefits of the 99.  This doesn’t seem to match a statement found in the Wall Street Journal, “Corporate after-tax profits increased by about $220 billion between 2016 and 2018 while employee compensation swelled nearly $1 trillion. Corporate profits declined 2.9% in the first quarter of 2019 even as wages grew at an annual rate of 10.1%. This sure sounds like an economy that is benefiting the 99%.”

Dr. Owens teaches History, Political Science, Global Studies, and Religion.  He is the Historian of the Future @ http://drrobertowens.com  © 2019 Contact Dr. Owens drrobertowens@hotmail.com   Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens or visit Dr. Owens Amazon Page / Edited by Dr. Rosalie Owens

 

 

 

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