Trumponomics Report: U.S. Manufacturing Activity Rises Near Three Year High…

Continuing to look at the new economy through the prism of the new dimension, CTH notes the manufacturing landscape is shaping itself as predicted.  However, the disclaimer should also be noted that most economic observers are stuck in old economic paradigms.

[…]  The Institute for Supply Management said Monday that its manufacturing index rose to 57.8 last month from 54.9 in May. Anything above 50 signals that factory activity is increasing. The measure now stands at its highest level since August 2014, pointing to solid economic growth. (link)

Overall the trend-line is very positive for a resurgence in U.S. manufacturing.  According to the report fifteen of the eighteen manufacturing industries surveyed posted growth in June.  Those gains included: furniture, machinery, fabricated metals, petroleum and coal sectors. One transportation equipment firm surveyed for the report said “demand is up 5 to 7 percent.”

The manufacturing base is responding (via investing) to predictable market patterns.  However, the rate of response (production investment) will increase in direct proportion to the upcoming (late summer) trade negotiations.  Please keep that in mind.

An example of an industrial response to market changes comes within the Ford decision to manufacture some vehicles in China as opposed to their previous plans to manufacture in Mexico.

Specifics – As many of you know the NAFTA agreement allows Mexico to exploit old trade parameters.

This was the original basis for Ford CEO Mark Fields (now fired) 2015 decision to assemble small cars in Mexico.  Many of the actual components for the “value” line within the Mexico deal, actually originated from China.

China shipped the auto parts to Mexico.  In Mexico Ford was going to assemble the components and send completed autos into the U.S. using NAFTA trade parameters.  This is how NAFTA was exploited.  If the parts came directly from China to Ford in Michigan, they would be subject to a different set of trade rules.  However, by shipping them to Mexico, and then assembling there, Ford was able to exploit a vulnerability in NAFTA.

Commerce Secretary Wilbur Ross announced his intent to close this vulnerability, and together with U.S. Trade Representative Robert Lighthizer they fully intend to close this and other similar out-dated loopholes.   Hence, Ford’s best play became to drop the Mexico investment, expand production in the U.S., and shift the component assembly concept directly to China where Ford vehicles will sell within the Chinese market.

As Secretary Ross, Trade Rep Lighthizer and U.S. Treasury Secretary Mnuchin work on closing these exploitative loopholes, the manufacturing production equation will continue a market response and shift accordingly.

As we have stated, yes, we can expect the price of some “durable goods” to increase, in the longer term, as some of these trade measures are put into place.  However, high-turn consumable goods -including energy (specifically gasoline)- will continue price drops.

[Additionally, domestic manufacturing market forces will increase wage rates, so the bottom line will be more income to pay for slightly higher durable goods.]

Inflation on imported durable goods will take some time to actualize because the competing nations will first go through stages of increased efficiency to offset any additional costs to bring products to the U.S. market.  The exporting countries will cut costs first, and then -after exhausting all other options- they will raise prices.

Please keep this in mind when the quality of imported goods begins to drop.  The paragraph above explains the root cause.

Lastly, it is also important to shred all prior reference points to “global pricing” or “commodity pricing”.  These common catch phrases are now inaccurate as used.

In the past three decades multinational companies have moved-in to control market prices.  Multinational corporations invested in and purchased the majority inventory within multiple industries.   Those corporations set the prices, NOT, I repeat, NOT, the larger free market.

In a world dominated by massive institutional multinational corporations, and massive institutional multinational banking interests, there is no such thing as “market prices”.  There are only ‘controlled’ prices determined by corporate entities that own the majority inventory within a market.

Most of the agriculture sector is now essentially controlled by a handful of massive institutional multinational corporations.  Those corporations control everything from field activity, through inventory and global distribution networks, and determine/control and shape the market price to their own best interests.

Global financial exploitation of national markets:

♦Multinational corporations purchase controlling interests in various national elements of developed industrial western nations.
♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.
♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).
♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

The ‘America First’ Trump-Trade Doctrine upsets the entire construct of this multinational export/control dynamic.  Team Trump focuses exclusively on bilateral trade deals with specific policy only looking out for the national interests of the United States.

Yes, these multinational corporations can still do business here, but they still have to adhere to financial rules on foreign investment.  Remember, Treasury Secretary Steven Mnuchin now heads  CFIUS (Council on Foreign Investment in U.S.) and reviews trade policy to determine if the underlying economics have a negative impact on the U.S.

Most are not aware that in reality Steven Mnuchin has more control over economic national security than Secretary of Defense General Mattis has over military national security.  Both Secretary of State Rex Tillerson and Defense Secretary Mattis are more reliant on Mnuchin than any other cabinet member.

No-one ever fully understood the national security trade leverage, apart from economic sanctions aspect, other than businessman Donald Trump, then candidate Donald Trump, and now President Donald Trump.  His economic views/policies are specifically and intensely focused on America’s interests first.  Hence, MAGA.

Team Trump (Mnuchin, Ross, Lighthizer, Tillerson etc) are using every angle and point of leverage to unraveling decades of global tentacles undermining our economy. [EXPLAINED HERE]  Every single Trump policy is connected to economic security.

As we are seeing in action, the energy sector is the first beneficiary.   This makes sense because it underlines all other manufacturing advantages.  However, all other manufacturing sectors of a revitalized U.S. industrial economy will also benefit over time as the policies are actualized.

Bigly.

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This entry was posted in Budget, Deep State, Donald Trump, Economy, Education, energy, Environmentalism, G20, G7, media bias, President Trump, Secretary Tillerson, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

77 Responses to Trumponomics Report: U.S. Manufacturing Activity Rises Near Three Year High…

  1. treehouseron says:

    I’d like to remind everybody that just a year ago, an America that not only doesn’t need any oil from the middle east, but would be SELLING energy to other countries was unheard of. You’d be laughed at if you claimed that was going to happen.

    … and now it’s happening. What changed? Only 1 thing. The President.

    Liked by 38 people

    • fleporeblog says:

      Treehouseron the best thing about it is that folks like Alisyn Camerota doesn’t have anything she can speak about because our President hasn’t done anything. As the MSM, Uniparty, Globalist etc. concentrate on taking our President down, he has already drove by them once and is about to do so again. All they can harp on is that he hasn’t had one major piece of legislation. Allow them to continue to look in that direction because he is transforming this country. What he has done for our Veterans has been incredible. As soon as the budget is passed, over $4 billion dollars will be dedicated to veterans that rather see a doctor outside of the VA. That piece will be the cherry on top of the sundae.

      Energy domination is right in front of us! We will have control of a large chunk of the global market. China has already agreed to taking LNG from us. South Korea has agreed to $25 billion dollars of LNG a year from us. India and us are finalizing an agreement on LNG. Our President is working on them agreeing to a certain price. Folks, China has a population well over one billion people. India has a population of 1.25 billion people. We will go from a trade deficit to a surplus because of the export of coal and LNG. Poland has agreed to purchase LNG from us.

      Saudi Arabia realized that we are energy independent so they decided they needed to purchase $110 billion worth of military hardware to defend the region from us. They also realized in order to have the US invested in the region, they would invest another $300 billion in US companies both in the US and in Saudi Arabia.

      The Apprenticeship Program will have Generation Z totally prepared for all types of energy jobs. Those kids will have 10+ million jobs waiting for them to be trained and hired. States that have the resources and willingness to allow companies to frack will have booming economies. Even without tax reform, I truly believe our GDP will hit 3% because of this energy revolution.

      A trillion dollar infrastructure plan will be paid for through the increase in gas tax revenues. Americans won’t mind because they will see lower prices even with a .25 tax per gallon. Manufacturing will be booming because the price of oil will be cheaper due to the fact we are drilling it and refining it in the US. This will allow us to compete with China, Vietnam etc.

      Our killers will negotiate deals that will make our heads spin! The President of Mexico will beg to build the wall as soon as Nafta is renegotiated. Steel companies will be alive and well in states like PA, Ohio and elsewhere in the “Trump Belt”. Europe will continue to fall deeper and deeper into the abyss while North Africa and the ME will continue to drive out extremist.

      What makes me smile all day long is that 99.5% of the country is not aware of what is happening. It is just a matter of time before they are slapped across the face by it!

      Liked by 27 people

      • Minnie says:

        Well done, Felice 👍😁

        🚗 Vroom Vroom 🚗

        😁😁😁

        Liked by 7 people

      • Sylvia Avery says:

        I feel like I am living with each of my feet in different universes. There is the universe as presented by the MSM of all varieties, and then there is the universe presented here and glimpses of which can be seen by listening/watching a very few others.

        It can be a bit disorienting. I marvel over the economic indicators every day and think the whole country would be grinning from ear to ear but they seem to be unaware to a large extent.

        But soon, no one will be able to deny what’s going on. Everyday, I feel like I need to pinch myself. Am I dreaming? I expected Donald Trump to be better than HRC. I hoped he could save us from the abyss. But I’m not sure I really believed it could happen and yet I see signs of it everywhere.

        Liked by 9 people

        • treehouseron says:

          Battered Conservative Syndrome. We all suffered from it.

          Liked by 11 people

        • Minnie says:

          We have the best indicator of reality, Sylvia, right here at the Treehouse 😁

          My first online site every morning and my last online site each evening 👍

          Don’t know what I would do without all our Treepers, never hope to find out ❤️

          MAGA On 🇺🇸🚂🇺🇸🚂🇺🇸

          Liked by 8 people

      • The one thing I keep asking myself is why would a giant global manufacturer want a plant in a country where labor is so high?

        Ok, energy will be cheap, cost of plant can be negotiated, get business taxes below 20%, drastically reduce regulations. Now we would be neck and neck with third world low labor countries. So why would you build in America, when labor (next highest cost of production, material being first) is expensive and going to go up in time?

        My thought is American is STABLE! Labor supply will be educated, have healthy care and will be readily available. With a stable country, you do not have to keep chasing lower labor costs and infrastructure will be there. Stability is what businesses want.

        Liked by 5 people

        • treehouseron says:

          Molly Anna, I have a business where we buy some of our parts from China. The quality control is god-awful. I tried to be fair about it… because it’s much cheaper.

          However, it’s just night and day. I believe it has something to do with Americans being a more proud people, so they take more pride in their work, even though you see assembly line people over here who supposedly ‘hate their job’… even that gets higher quality work done than the stuff done overseas.

          It’s in the attention to detail, too. just minor stuff, like you’ll get a part and something will be misspelled in the text, they just don’t care and it ship it out anyways. Or the wiring colors will be inconsistent, just little things that don’t make any sense, and anybody taking any pride in their job would do it better than that.

          So I believe that things built in America are just better. Lots of other ‘first world’ Countries probably do a good job too… but if you are ‘hands on’ with some of the parts from these third world countries you see the difference, and it’s not just cheapening down on the parts themselves, it’s the way they’re built by people who either don’t know what they’re doing, or aren’t able to discern the right way to do something.

          Liked by 9 people

        • fleporeblog says:

          Remember what SD has told us about the costs to ship from China to the US. The fact that we are energy independent, the cost to manufacture here will go drastically down compared to shipping items into the US. Yes cost of labor goes up but companies still save doing it here versus some other country. Americans reap the benefits of jobs and higher salaries. This is huge and will have us dominating for generations to come!

          Liked by 6 people

          • Thank you TrrhouseRon, fleporeblog and All American Snowflake.

            Quality is huge. My grandpa told me when I was maybe 6 or 7. He said, “honey, there are two kind of people, those who make one mistake and those who make two. The people who make two mistakes 1. Pay hard earned money for 2. A poor produc they don’t like. Those who make one mistake 1. Pay hard earned money and they love their product. I’m a quality buyer and have witnessed the crap, not only in construction, but it material.

            I totally forgot about the cost of shipping and maybe a “let’s make things more even” tax.

            Liked by 6 people

          • PLUS: Every new American production facility will have an automation edge for labor content.

            PLUS: American Corporate Taxes are about to plummet.

            Liked by 2 people

      • Charlie says:

        Just thinking what would a dinner conversation sound like between Wilbur Ross and POTUS. Who would be the Jedi master? Wonder if Wilbur got a chuckle watching the CNN take down. Tillerson probably shook his head smiling and of course Mattis was irritated it took Trump so long to knock out CNN.

        Liked by 6 people

    • NvMtnOldman says:

      Add American beef, LNG, lumber, milk etc etc to that list.

      Liked by 5 people

  2. Stringy theory says:

    Great news!!

    Liked by 7 people

  3. The Boss says:

    All moves the president and his cabinet makes are synergistic. There are no wasted efforts, despite what CNN and other butt-hurt anti-tweeters think. The compounding effect of these synergies will soon begin manifesting themselves in higher GDP and economic security, and they WILL trickle down to the no longer forgotten middle class. Sooner rather than later. And way above expectations.

    Liked by 14 people

  4. LARS says:

    Cartels are definitely in trouble.

    Liked by 7 people

  5. US says:

    Sundance, how I wonder who you are, up above the sky so high, illuminating US so bright.

    Thank you.

    Liked by 13 people

  6. Twinkletoes says:

    from the article: “As we have stated, yes, we can expect the price of some “durable goods” to increase, in the longer term, as some of these trade measures are put into place. However, high-turn consumable goods -including energy (specifically gasoline)- will continue price drops.
    [Additionally, domestic manufacturing market forces will increase wage rates, so the bottom line will be more income to pay for slightly higher durable goods.]”

    I am old enough to be aware by first hand experience how much better durable goods were when they were manufactured here. Yes, the prices for cars, appliances, etc. may go up as we return to “Made In USA,” but the quality will definitely improve. I expect that we’ll return to using repairmen rather than just throwing things away when they break down. I once had a furnace that was 30 years old and was still working fine. I had not had any repair bills while I lived there and I’d done nothing exceptional except have it checked each year before cold weather started. Unfortunately, I had to leave it when I sold the house. Now, a gas furnace lasts only 15-18 years here in Georgia – perhaps 20 if you keep it in good shape.

    Liked by 21 people

    • drdeb says:

      Yep! Marketers call this planned obsolescence. I live in a 20+ year old home. My AC rocks and it is so old that I am unable to see what brand it is- Trane I think. In contrast, I have a rental house. It has 2 AC units. It was built in 1999. I replaced one of the 2 units in 2005. I have since had to replace it again (Lenox) as well as the other AC unit, installed in 1999. This should be called Let’s rip off the middle class who fund this excuse for a government and here is how we can screw the middle class tax payers.

      Liked by 10 people

      • filia.aurea says:

        Agree. I replaced two 25yr. old furnaces that worked perfectly well, but weren’t “energy efficient”. At the current rate, it’ll take me 75 years to see any return on that “investment” – not accounting for service, maintenance & repairs.

        Like

    • magagirl says:

      Can someone please make the toilette industry go back to the good toilettes that use a sufficient amount of water to flush? That was another of the million things Ozero messed up.

      Liked by 8 people

      • That’s the kind of thing Democrats do…it’s to prove they are doing something about the environment. I live in a temperate rain forest; I don’t think we need to worry about water…if people in California want to wash clothes in no water, go for it, but don’t force me, please. Of course, they all have tons of money, so they buy Electrolux, a top notch brand, which does not force you to use no water, also in England, they use as much water as they want…just a stupid liberal thing to punish the regular American citizen, you can be sure Nancy Pelosi and Chuck Shumer use as much water as they want.

        Liked by 7 people

      • I have to stand there and hold the handle down just so these new toilets will actually flush anything down. Ocassionally I have to do two flushes. Most of these toilets are not saving any water.

        Liked by 5 people

    • dekester says:

      We bought a rental house recently. We decided to replace the Washer/ Dryer as it they were rusty, and ugly.
      They were still working though. The appliance guy told me that they were over forty years old.

      The pair were made in the U.S.A. I think they were Westinghouse, can’t be sure though.

      Whenever required, we look for U.S made Heavy Duty units for our personal, or for rental units.

      They are fantastic.

      IMO. If you can, avoid the space age looking ones. They look sharp, but don’t last.

      Liked by 2 people

      • MaineCoon says:

        Funny you bring this up. Recently I took a good look at what brand appliances I had — Whirlpool Heavy Duty Washer and I guess the dryer featured with it at the time of purchase.

        I was pondering that fact that they were still functioning. My best guess was that I’d bought them 22+ years ago!

        Liked by 1 person

      • Jacqueline Taylor Robson says:

        I have my Mom’s old freezer. It’s about 45 years old, works great, and doesn’t cost a lot of electric either. If you need a washing machine, go for Speed Queen. They are a bit pricey, but last forever! If you ever find a used one for sale, grab it!

        Liked by 3 people

      • CaptainNonno says:

        Planned obsolescence. Our auto industry adopted this aspect until Japan kicked their ass.

        Like

        • Sevenwheel says:

          The auto industry was an interesting case. At the time, all loan interest was tax deductable, including interest on auto loans. Since you get the maximum tax deduction on interest paid in the first year or two of a loan, the savvy thing to do was to trade in and buy a brand new car every year or two so that virtually your entire car payment was tax deductable. The auto companies’ repeat customers were only keeping their new cars for a year or two so it made absolute sense for the car companies to design them to only last a few years. They were selling tax deductions as much as they were selling cars.

          It wasn’t until Congress ended tax deductions on auto loans that new car buyers started keeping their cars for the functional life of the product, at which point they realized that import cars lasted longer, and that triggered the collapse of the Detroit auto industry.

          Like

    • You are so right twinkletoes.

      I remember household good like sheets, blankets, toasters and other cookware that my mother used lasting through out my childhood and into my thirties.

      She is still using some small appliances passed down to her from her mother.

      Indoor furniture and lawn furniture also lasting forever.

      Now I must by this stuff, not furniture but other household goods, about every five years or so.

      Sheets, blankets, toasters, everything wears out and we throw it out.

      Liked by 4 people

    • NC PATRIOT says:

      I am still using a furnace that had been in this house for a while when I bought it 42 years ago. I finally had to pay out about $1000 in parts (plus labor). Have a wonderful repairman and hopefully she will be humming along for many more years. She was made in the USA.

      Liked by 3 people

    • John Matrix says:

      Amen to American made quality!
      Just finished installing hub wheel bearing / hub assembly unit on my yukon. Gladly paid the extra bucks for the ones made in the USA vs the foreign made. The difference is night and day as far as quality…

      Liked by 1 person

  7. Oldskool says:

    Can’t wait for the comments to come from the foreign stooges after the G20 meeting. The more critical, the better for us. MAGA

    Liked by 6 people

    • Proposed President Trump Message to G20:

      America is entering an “Evaluation Period” on investments and regulations designed to Change the Climate.

      You spend and we’ll monitor.
      For safety’s sake, we’ll use a 10-year period.
      We’ll size up the degrees you cool the earth.
      That should settle the science.
      Then we’ll size up the ROI for your spending.
      We’ll give our Eskimos first right of refusal.
      They’ll be checking on the polar bears.
      Sure hope the price of polar bear meat skyrockets.
      It’ll have to to cover Europe’s investment.
      Sure hope they love the taste of polar bear.

      Liked by 1 person

  8. mikebrezzze says:

    It was a close call, but we dodged “Death Star” crooked Hillary by the skin of our noses. One day history will state that president trump defeated globalism and socialism!

    Liked by 12 people

    • Donna in Oregon says:

      ‘Death Star’ awesome reference. The best….thanks 🙂 !!!!

      Liked by 5 people

    • Grandma Covfefe says:

      Every day, thru-out the day I thank the Lord for dodging “Death Star” as you so aptly put it, Mike. Surreal that we have come this far in such few months, and yet, laid before us is all wide open opportunities. Head is spinning with joy.

      Liked by 3 people

  9. Tegan says:

    Interesting that Ford plans to sell cars in China. When I was there 2 years ago, you rarely saw an American brand car on the roads (and as we know, the roads are overflowing with cars there!). Know, this is because of trade agreements/restrictions but is this Ford deal part of the Trump administration’s negotiations?

    Liked by 1 person

  10. Just Curious says:

    I still remember the Maytag commercials in which the repairman was bored stiff, and all the bed linen sheets, towels, and shirts that once were made here coming from our textile mills. Of course, the price of the similar items imported afterward was cheaper but are we willing to sacrifice quality for price? Not in my line of thinking, I would rather pay a higher price for better quality products made here and keep our citizens employed by our manufacturers than to send my hard earned money overseas to some foreign bureaucrats who would not care less about their own peoples.

    Liked by 12 people

  11. Question Everything says:

    And fake news manufacturing is now at an all time high.

    Liked by 3 people

  12. Ronald Floyd says:

    Thanks Mr. President… Keep up the good work. We’re praying for you that you’ll be able with God’s help to keep America free.

    Liked by 5 people

  13. yohio says:

    SD,
    Do you think the manufacturing of toys, appliances and things like that will ever come back to the U.S. from China with Pres Trumps policies?

    Liked by 2 people

    • sundance says:

      The eleven new chemical and petroleum plants (TX and LA) will provide lower costs for plastics, rubber and downstream product derivatives.

      Steel and Aluminum will fall under Wilbur Ross’s next round of raw material tariffs and import controls under the auspices and reality outcomes of national security concern.

      Once we get the raw material price down, and combine it with the energy cost lower, then both those aspects can offset higher wage rates. That’s the equilibrium when domestic manufacturing can compete with import on finished goods.

      It will take a while, but yes entirely possible in next 5 years.

      Liked by 19 people

      • yohio says:

        One last question, does it work the same for like textiles? Some of what my family and I do deals with stuffed animals and plush. As of a few years ago only one stuffed animal manufacturing plant existed in the U.S. So not only do we get hit when costs go up overseas, size and quality go down, cost goes up plus we get killed on shipping costs from companies like UPS and FedEx raise their rates

        Liked by 3 people

      • Southpaw says:

        And if you want to work in a modern manufacturing facility a liberal arts degree won’t help. Trade schools, apprenticeships, and computer degrees will be necessary.

        Liked by 1 person

      • Sundance you are forgetting the $8 billion chemical plant investment in Pennsylvania by Shell. Going to be a huge job boom in Monaca, PA and greater Pittsburgh. Rumor has it Dow Chemical is also looking to build up that way. All the advantaged feedstock is up in the Appalachia shales and it is close to the northeast so lower transportation costs.

        Like

        • coldwarrior says:

          this is sooo yuge for the area. the construction and pipelines going in are amazing to watch. so many jobs. maybe starbucks in beaver can put on a few more liberal arts degree baristas!

          Like

    • treehouseron says:

      Sure they will. People with money already buy stuff made here, or in Europe…. help the economy, get people better paying jobs and there will be less demand for dirt cheap crap from China…. that’s just one side of it….

      Liked by 1 person

  14. sundance says:

    Liked by 11 people

  15. alliwantissometruth says:

    Manufacturing, the lifeblood of capitalism

    Civilizations were powered by producing goods & services human beings needed to survive & live comfortably. Those goods & services were bought, bartered & traded to meet the needs of the people

    People working together in a fair capitalistic system based on meeting the needs of the people don’t need an upper governmental hierarchy to oversee their lives & their needs. They do that themselves

    Take away the ability to produce & meet the needs of the people & you take away the independence of the system & turn free people into government slaves

    A return to a manufacturing juggernaut, an economic powerhouse, is a return to we the peoples independence & a diminished governmental headlock on our lives

    It’s exactly what the leftists fear, & it’s exactly what we the people need

    Liked by 5 people

  16. MaineCoon says:

    Sundance, What I very much appreciate is when you initially explain President Trump’s policy, such as economics, trade agreement, etc., which is fundamental to my understanding of where President Trump et al are taking this country not just for his 8 years in office, but decades thereafter. In addition, you expand the fundamental concept as President Trump’s current events roll out the policy.

    Without your explanations, I would not have any in-depth understanding. I certainly would have missed much of the cross over between various policies.

    So I want to thank you very much from my heart for adding to this joyeous time of watchng candidate Trump campaign and seeing President Trump in office and having access to understanding his policies and pathway to MAGA via your posts.

    Sundance and Treepers – Have a wonderful July 4th!

    Liked by 9 people

  17. Mike diamond says:

    With president trump things get better ! With Barack Hussein Obama things got worse!

    Liked by 1 person

  18. Matt says:

    There was a machine parts company in my town- on the North Shore of Long Island NY that for the longest time had 24hour shifts- family members worked there until NAFTA. They first scaled back, then offered workers to go to Mexico, and then they sold out to whoever their competition was. Luckily my brother in law didn’t accept the position in Mexico be cause the company isn’t even there anymore.

    Liked by 2 people

  19. Donna in Oregon says:

    Worked in Silicon Valley during the Reagan era. Can attest to the power of manufacturing when the idiot Democrats are pushed out of the way. Once Carter was gone the economy started healing.

    Manufacturing takes time, things have to be made before they start shipping. The economic talking heads spew their usual doubt and the naysayers point and laugh. They don’t know squat.

    We knew the malaise was over when end of the month shipping was completely crazy, off-the-chart stressful. Production Control worrying how much they needed to stock because sales are slammed. Project Managers freaking out daily until Manufacturing Managers start working the line with the Supervisors to push the shipments. Overtime off the charts. So much fun!

    Everything kicks into gear and the economy just explodes. Watch and see, it’s beautiful to watch.

    Liked by 6 people

  20. ALEX says:

    Keep in mind the first quarter GDP was originally .7% and they have now updated it to 1.4%..After the latest numbers the Atlanta Fed is up to 3% for second quarter, but they tend to be optimistic…Its a long slog, but were on the move…The tax reform would sure be nice…

    Liked by 2 people

  21. dustahl says:

    In the used category of goods, I go to auctions, no one wants the items made over seas . That could be an indicator for the over all economy.

    Liked by 4 people

  22. TONYA PARNELL says:

    TRUMP 2020

    Like

  23. G. Combs says:

    I can not wait for MAGA! I do not care if the price is higher, if the quality is good.

    I am a Chemist/Quality Engineer and have watched the quality of products here in the USA really tank over the last 3 decades. We now haunt flea markets to buy older made in America stuff for just that reason.
    …..
    A bit of background: As a 6 yr old kid I almost severed my Achilles tendon and have very weak ankles as a result. This throws a lot of torque on my knees and back if my shoes are not correct.

    For the last month I have tried on just about every running shoe in my size in a 50 mile radius. It does not matter what brand they are, they are all made of much harder composite than they were a few years ago. All those under $50 had ZERO arch support and have minimal support in the ~$100 range. Worse they ‘decided’ that people should not walk using their toes so the shoe essentially ends at the ball of the foot. WTH are these idiots thinking? I walk on a lot of uneven ground and our toes are the balancing mechanism! link Sheesh

    However the worst problem was every single right show tilted my foot in exactly the wrong direction! They were all made from a slightly defective, no doubt mass produced shoe last!

    A 1/2 size larger or smaller does not have the tilting problem. So it is the shoe last and not me. And yes, even New Balance has the same problem — Grumble.

    (Sorry for the rant, but I just spent several hours trying on shoes and all I ended up with is swollen knees.)

    Liked by 3 people

  24. rsanchez1990 says:

    Speaking of global tentacles, it’s funny to see more and more articles pop up on ZeroHedge about how Trump is defying the global face hugging vampire squid (Goldman Sachs). Some people are so used to being abused and lied to by politicians, they expected Trump to sell out. They are truly surprised that Trump is doing what he said he was going to do. America First is REAL. MAGA is becoming a reality before our eyes. I’m just tickled that there are still people who are coming to the realization that Trump is the real deal. Glad to see them finally board the Trump Train!

    Liked by 3 people

    • G. Combs says:

      We can’t blame people for not believing in Trump. We have been kicked in the gut one too many times by corrupt dishonest politicians.

      When I think I held my nose and voted for Romney… At least I didn’t vote for Songbird McShame and voted Ron Paul instead.

      Liked by 2 people

  25. Aintree77 says:

    Somebody should e-mail this article and others posted today on LR to CNN’s Alysin Camarota if they know her e=mail address. She seems to believe Trump only tweets and never involves himself in important “issues.”

    Like

  26. CaptainNonno says:

    Sundance, help me with this:
    If this is correct:
    ‘With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states ‘

    These countries have the least wealth to pay for the controlled products. Why wouldn’t they sell in developed countries who can afford higher pricing?

    Thx

    Like

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