MAGA Brilliant – Multidimensional Economic Policy – Trade Shift to Durables…

Go through the archives and you’ll note a strategy unfolding that few, including us, could fully conceptualize when it first appeared.  Way back when candidate Trump first began to put his economic plans into platform outlines the subtle signature was there, but few were paying attention.

In order to reverse three decades of middle-class economic erosion, there were indicators that Trump’s strategy was a radical change in approach.  In essence the strategy was to split the economic policy into two areas and sequence the policy: highly-consumable goods (first) and durable goods (second).

Both product sectors have historically been viewed and approached by economic policy makers using a single financial strategy.  That singular approach gave rise to Wall Street benefiting and Main Street suffering.  Investment-class gained; middle-class suffered.

Trump outlined an approach –albeit vaguely– that was multidimensional.

His policy would first target multinational corporations, using the U.S. Treasury (Mnuchin) to weaken their grip and influence; simultaneously, he would use energy policy to drive down domestic prices in highly-consumable products (fuel, food, energy sector).  These sectors are not measured in fed inflation indexes; however, if lowered, these facets of consumer spending can also increase the amount of disposable income available for workers.

In essence, expand the economy by lowering the aggregate cost of living for the middle-class who live paycheck-to-paycheck.  Use monetary policy, fiscal policy and trade policy), to entice domestic investment and create jobs; and ultimately put upward pressure on wages.

That’s where we are now.

The second aspect of Trump economic policy is geared toward ‘durable goods’.  That’s where the trade imbalance plays a larger role in the strategy.

As the economy expands, Americans can now afford rises in the prices of durable goods.  However, as with all manufacturing systems -geared toward retaining market share inside a consumer economy (ie. the U.S. market)- the foreign creators will first seek to retain competitive pricing structure by making efficiencies within their own business models.

When foreign manufacturers entering a phase of cost-cutting analysis (note Team Trump just left Asia) you immediately hit them with stronger forecasted trade rules on their products.  The manufacturers financial analysis then has to contain the possibility of new rules.  That’s where Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer come in:

(Story Link)

On Oct. 5, the ITC [International Trade Commission] voted unanimously in favor of Whirlpool, which brought a complaint forward accusing Samsung and LG Electronics, its South Korean competitors, of flooding U.S. markets with cheap washing machines and pricing out domestic manufacturers. While the ITC didn’t say material harm was coming from South Korea in particular, Whirlpool alleged the country’s manufacturers shifted production into other countries (Thailand and Vietnam) in order to avoid U.S. anti-dumping tariffs imposed in previous years.

The ITC’s recommendations will be sent to President Donald Trump, who will have two months to make a final decision.

This second phase is where the two economic engines: Wall Street and Main Street; begin to come into parity again.   The FED does measure the cost of durable goods in their inflation index.  Rises in durable goods are recorded in inflation indexes and monetary  policy (interest rates) is influenced accordingly.

Trump’s phase-one befuddled the FED who have been perplexed over inflation being virtually non existent.  Most of the reason for this disconnect has been the downward price pressure on (non-measured) highly-consumable goods; and static prices on (measured) durable goods.  The FED can see the economy expanding, but they cannot, or at least couldn’t until now, reconcile the lack of inflation.

Wages are growing, albeit modestly at first – but now gaining speed, as a result of economic expansion and increased employment.  This wage growth, in combination with keeping downward pressure on high-consumable prices, allows Trump to begin a series of aggressive trade policies that will slowly raise durable good prices.

The trade policy, tightly executed by Trump, Mnuchin, Ross and Lighthizer, will put increased pressure on manufacturers to make products in the U.S.  In turn this puts further demand on U.S. workers; which, in turn, drives up the wages – to afford the prices of durable goods as they increase.

Simultaneously, it must be remembered that every dollar removed from imports actually increases the GDP.  The value of all imported goods is deducted from the combined value of all goods and services we produce.   If we drop $1 billion in imports on Washing Machines, and simultaneously manufacture $1 billion on Washing Machines in the U.S., the U.S. GDP gains $2 billion in value.  The U.S. economy actually expands by more than $2 billion because the attached manufacturing wages are also inside the U.S.

This multi-prong approach is one of the reasons why it just doesn’t seem to be part of the strategy to keep the U.S. inside NAFTA as it currently is constructed.  Perhaps, just perhaps, the NAFTA exercise is more optical than actual.  Perhaps, it’s more about the outside world seeing the U.S. trade position as executed, than actually negotiating….

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This entry was posted in A New America, Budget, Economy, Legislation, media bias, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

140 Responses to MAGA Brilliant – Multidimensional Economic Policy – Trade Shift to Durables…

  1. wheatietoo says:

    Brilliant!
    The future’s so bright…we gonna need shades.

    Liked by 34 people

  2. freddiel says:

    Thank you, once again, for the awesome analysis, SD. I can’t wait to see how this all plays out. It is totally beyond my comprehension why anyone with half a brain continues to dump on our President. I am so sick to death of the political BS.

    Liked by 22 people

    • piper567 says:

      that’s the deciding factor, Freddie: that there half a brain thing…

      Liked by 2 people

    • chojun says:

      Because politics. The people dumping on Trump are not stupid. They know that Trump’s policies are going to work. It’s no accident that the economy only expanded at 1.5% on average under Obama. The strategy was previously a careful balance between globalization (the export and redistribution of the US economy) and keeping the GDP at a positive growth rate to avoid negative headlines and a recession environment.

      With the amount of economic power behind the capitalist system in the United States it’s no accident that the economy grew at such an anemic pace the past 8 years. It was very much deliberate.

      Liked by 3 people

      • dagnyshrug says:

        They wanted millennials, now loaded down with student debt and fully indoctrinated, to feel hopeless and turn to (more) Socialism as the only hope to feed themselves. Obama said ‘this is the new normal; get used to it’, or some such words. I wonder if they’ll continue to disrupt or will soon settle down in the decent paying jobs they’ll be able to get.

        Liked by 1 person

  3. Founding Fathers Fan says:

    Most of Our Founders were businessmen. Politicians and bureaucrats have been harming Our Republic for more than 2 centuries. I’m happy someone is working to return The United States back to basics.

    Liked by 27 people

  4. Old Lady says:

    What a difference it makes having a businessman in the presidency.

    Liked by 17 people

  5. blakeney says:

    With a shift to durables, no wonder Jeb! and Hillary both lost.

    Liked by 11 people

  6. THANKS GOD FOR PRESIDENT TRUMP AND HIS TEAM OF REAL NEGOTIATORS WHO WHAT THEY ARE DOING.
    POLITICIANS HAVE NO CLUE.

    Liked by 16 people

  7. Phil aka Felipe says:

    POTUS Donald J. Trump has been doing his due diligence for the last 30+ years for this moment.

    Liked by 43 people

    • sundance says:

      I couldn’t agree more on that point. This strategy is SERIOUSLY well thought out.

      You don’t come up with this in a policy weekend. This is decades of thought on how to modify the position of the largest economy in the world to the benefit of the people within it.

      Liked by 50 people

      • Carrie2 says:

        SD, America is a BIG business and why we needed a business President and business and/or real military appointees. Now Congress need to get his appointees okayed, make sure the tax bill goes thru without a twist here and there, ditto complete REPEAL of ACA, and we are getting the wall built but we need the rest of the money and okay to move forward. Too bad the 2 parties in 1 don’t understand simple economics except for their pockets.

        Liked by 5 people

        • luke says:

          Don’t worry about wall money El Chapo will pay for it 😉

          Liked by 2 people

        • trump2016ourlastchance says:

          The uniparty’s two phony faces do understand economics, and use the dismal science to suppress free market capitalism and individual freedom in favor of globalist cronyism at every opportunity. Their crooked advocacy of the H1-B visa program to suppress the wages of American scientists and engineers is a perfect example.

          Liked by 3 people

        • carnan43 says:

          I agree and have always advocated for someone who understands business. Unfortunately, this is but a blink of an eye in our history. The voters, as usual, will once again elect another Obama, Billie Boy, FDR, or someone in a pants suit. They will be told by the Marxist press that it is the right thing to do and the voters will follow suit. Some may think I am a cynic, but you just cannot change history. We need to enjoy the moment.

          Like

      • Phil aka Felipe says:

        Yes, and it is easy for him to execute his plan when his local competition is so clueless and stupid.

        Liked by 2 people

      • Sylvia Avery says:

        Yes, this wasn’t some off the shelf plan drafted by a consultant Donald Trump hired to write his economic plan.

        This is just plain amazing stuff. I am often overwhelmed by the realization of the kind of man we elected. He is so much more than I ever gave him credit for. And just when I think I really get him and fully appreciate him, he does something else that is so profound I can scarcely comprehend it.

        Liked by 12 people

      • Michael says:

        “Because for years I thought what was good for our country was good for General Motors, and vice versa.”
        Charles Wilson, Pres, GM

        Liked by 4 people

      • Stringy theory says:

        Yes!!

        Like

      • WSB says:

        Thank you so much for your presentation, SD.

        I have always been interested in what minutiae influenced Donald Trump to flip from ‘if it gets so bad, I may consider running’ as he responded to an Oprah interview years ago, to actually running for President?

        I knew he was going to run because he himself said his children were now old enough to oversee his companies, however that was only one half the equation. What was the actual trigger?

        Liked by 1 person

      • MVW says:

        Trump did not get this strategy from Harvard graduates. You know what they say about a Harvard man? You can always tell one, but you can’t tell them much…

        Liked by 2 people

  8. sundance says:

    Liked by 18 people

    • blakeney says:

      $4.71 a day seems about right … … … … … … for U.S Senators!

      OK, maybe a little high, all things considered.

      OK, for McCain, Graham, Flake, Corker and Sasse, maybe about $4,70 a day high.

      Liked by 8 people

    • Carrie2 says:

      Gee, a whole $4.71 while cost of living is far more expensive. When I lived there it was $2.00 and they hardly could live on that. While they were earning maybe $50 a month, I was paid $400 because I was bilingual but also had the skills and background for the companies. Meanwhile, the rich get richer there and couldn’t care less about their workers! No benefits, no social security (I was able to get that the SS but if I want to collect it, I have to return to Mexico and apply!), etc.

      Liked by 5 people

    • Craig W. Gordon says:

      MAGA working its magic across the border. Perfect!

      Liked by 1 person

      • The Boss says:

        $4.71 a day isn’t exactly magic. Any wonder Mexicans flood over the border to get exploited for $25 – $35 / day? $4.71 should be their minimum hourly wage.

        Liked by 1 person

        • Craig W. Gordon says:

          sundance says:
          November 22, 2017 at 1:21 am
          Yes. Wilbur Ross requested/suggested it be raised to $4.00 per hour. $32/day within the first-term of a modernized NAFTA (probably 5 years.)

          Liked by 1 person

          Like

    • Palafox says:

      Wasn’t raising Mexicos minimum wage something the US had asked them to do in a previous NAFTA round?

      Liked by 1 person

    • PatriotKate says:

      Best thing we could do to cut down on illegal immigration (besides the wall) would be to help Mexico improve its economy and get rid of the cartels. It can still benefit the U.S. economy (reduce trade deficit) and improve the illegal immigration problem at the same time. It’s essentially a narco state now.

      Liked by 1 person

  9. doc00 says:

    Great Article. From my observations, economists work with balance sheets feeding math models and do not ever comprehend that “business people” actually have to deal with the human element within the regulatory environment and politically necessary strong job market of the elected official. Trump and his team have the insight of how businesses that create stuff are actually built and operate, hence the phased strategy you discuss that totally bewilders economists who only understand balance sheets.

    Liked by 9 people

    • G. Combs says:

      Economists work from the FLAWED Keynesian model.

      Keynes was not technically a Fabian but was Fabian Socialist nevertheless

      The Unholy Alliance of John Maynard Keynes
      “Perhaps the greatest modern champion of central economic planning was the 20th century English economist John Maynard Keynes. Keynes, who was a political socialist and for a time a central banker, advocated the idea that the government should play a large, active role in the economy. Among the consequences of Keynes’ economic theories, whether intended or unintended, is the fact that Western economies today are characterized by large, central governments, central banks and massive debts.[…]”

      Liked by 9 people

      • Sylvia Avery says:

        Well, THAT explains a lot! Thanks for posting that info.

        Liked by 1 person

      • Keynes was not a socialist. The socialist economists are the ones who are always talking about income equality.

        Keynes was a practical economist with a good understanding of how the economy actually works. His writing on money influenced the libertarian monetarists of the Chicago School, including my father’s dissertation adviser Milton Friedman.

        I suspect that Keynes would approve of the trade balancing aspects of President Trump’s economic policy. When Britain was running trade deficits he helped put together the Macmillan report which advocated a tariff system with subsidies to exporters in order to balance trade.

        Like

        • Aguila2011 says:

          Well Howard, he was so smart, look where is ideas led us to, ideas fed to a bunch of ignorant idiots like Paul Krugman who are told “You are an Economist” and you must run things for everyone and you are smarter than everyone!”

          Economists should be kept in the back 40 for consultation every now and then and writing books from a historical perspective, not giving direction to anything.

          Like

        • G. Combs says:

          “Keynes was not a socialist.” OH?

          Then PROVE IT!

          As I said he was a very good friend of the FABIAN Socialists, founders of the London School of Economics where people like David Rockefeller and other high profile business and political leaders are trained.

          From a British blog by an economist, Sanjeev Sabhlok: Fabian: John Maynard Keynes, the stealthy enemy of human freedom

          Like

  10. Carrie2 says:

    LG products very expensive and not great appliances and had to send mine back and get a Whirlpool. I evade LG products, period.

    Liked by 8 people

    • Cuppa Covfefe says:

      Samsung has a reputation over here (Germany) for launching the drum and/or catching fire. They’re having a really tough time selling. I don’t have the link, but there was a video of the drum exiting the side of the washer and going through a wall next to it.

      Now if it launched the finished wash into the dryer, that might not be so bad…
      (Oh wait, maybe that’s what the catching on fire is for…).

      Liked by 3 people

    • Aguila2011 says:

      I have both LG Washer and Dryer and they have worked flawlessly for me for several years. I do my own maintenance as recommended.

      That said, the trade issues between countries and tariffs, are another matter. Consumers should have the best choices available to them and the market should be a level playing fleld, in my book. It should all be about the consumer and choices. This keeps US competition on their toes also so they don’t get arrogant like US auto manufacturers did back in the day. Now they want protection but they still put out crap. They had better up their game. That is the simple game. Better products at great prices and consumers will be buying as the jobs come back.

      Like

  11. Publius2016 says:

    Yes, President Trump knows what he is doing…you don’t build luxury condos on the West Side of Manhattan without a plan…a plan with many roads to victory.

    Liked by 3 people

  12. Sylvia Avery says:

    Ker-THUNK! Did you all hear that? That was the sound of my knees hitting the floor as I once again Thank God for PDJT.

    I am in awe that he is smart enough to have seen all this stuff and figured it out where other supposedly brilliant economic minds could not.

    Also some gratitude here for Sundance for grasping the stuff and explaining it so that even I can for the most part understand what is going on.

    Liked by 22 people

  13. Curry Worsham says:

    But “Trump endorsed an accused pedophile today.” He’s finished!

    Liked by 1 person

  14. freddiel says:

    I have a Samsung dryer that plays a tune when the cycle is finished. My sister asked me what song it is and I told her I think it is the Chinese national anthem. (I think they are made in S. Korea, though) I would buy a new dryer just to hear the US national anthem at the end of the cycle.

    Liked by 7 people

    • WSB says:

      That is hysterical!

      Like

    • Rex Brocki says:

      Freddiel, all the way back in the NINETEEN-FIFTIES, U.S. appliance manufacturers had that all figured out. My mother had a pair of machines with, if I remember right, 12 different tunes you could set to play at different cues, such as “time to add fabric softener,” clothes finished drying,” etc..
      Want to know why we don’t have such machines today? LAWYERS!!! (I love hearing someone with a southern accent curse “Lawyers, lawyers!” because it quickly sounds like they’re saying “Liars, Liars!”… most apropos, in my opinion). Several suits were filed which would have forced appliance manufacturers to PAY ROYALTIES for playing the songs (in private homes, be it noted). The suits were invalid on their faces for that reason alone, but they nonetheless scared the appliance manufacturers off… so we have to buy foreign to get the feature(s), 60-70 years later.
      It’s almost enough to make me believe in a certain recipe for a happy country: “First, hang all the lawyers!”

      Like

      • Aguila2011 says:

        Agreed.

        I think Don Henley said it best in the song “Get Over It”

        ” … You say you haven’t been the same since you had your little crash
        But you might feel better if they gave you some cash
        The more I think about it ole Billy was right
        Let’s kill all the lawyers kill ’em tonight …”

        Like

  15. G. Combs says:

    It is not only the trade imbalance it is the Multiplier Effect.

    Why the ‘Local Multiplier Effect’ Always Counts

    This refers to how many times a dollar bill circulates within a community before heading overseas. This has a direct effect on a community. That same dollar you pay to the farmer for his tomatoes, he then uses to pay the roofer to patch his roof who pays the mechanic to fix his truck…

    The other concept that is not taught to us Deplorables is Velocity of Money
    From WIKI
    “The term “velocity of money” (also “The velocity of circulation of money”) refers to how fast money passes from one holder to the next. It can refer to the income velocity of money, which is the frequency at which the average same unit of currency is used to purchase newly domestically-produced goods and services within a given time period.[3] In other words, it is the number of times one unit of money is spent to buy goods and services per unit of time.[…]”

    Consumer confidence and business confidence directly affects the velocity of money. When people are confident they open their wallets and buy that new widget instead of stashing gold under the bed which causes the economy to stagnate.

    These are very important for us to not only understand but to make sure others understand if we want people to appreciate what President Trump is doing.

    Liked by 11 people

  16. Deborah @UnTamedInSD says:

    Love your keen eye for picking up details and putting it all together Sundance!
    especially love how you can explain such a complicated topic and make it
    understandable for us mere mortals 🙂

    Liked by 14 people

  17. Sandra-VA says:

    When I can afford to buy STEAK again, then I will know all is right with the economy. I miss eating ribeye steaks 😦 A diet of chicken and ground beef does not make me happy…

    Of course this would entail ending the ridiculous ethanol/corn garbage… I hope President Trump will fix this.

    Liked by 9 people

    • G. Combs says:

      Actually the Distillers grain, the left over from producing ethanol from corn is used to make animal feeds.
      Distillers grains – an overview

      The actual problem is a monopoly where a Brazilian family owns most of our slaughter houses and feed lots.

      This is from Thursday, July 10, 2008 and I can not get it to load on my computer, so here are the main parts of the article. It is a very good example of WHY we need to start going after and breaking up this cartels. (9 companies control 80% of our food world wide for example.)

      JBS beef buy is bad for everyone by Alan Guebert

      “When Wesley Batista, the North American boss of Brazilian meat packer JBS Swift, testified before a U.S. Senate subcommittee probing his firm’s pending buyout of National Beef Packing and Smithfield Foods beef operations, he all but sang the Star Spangled Banner and waved Old Glory.
      “We want to expand U.S. sales of beef and pork, domestically and around the world,” Batista told the Senate’s Subcommittee on Antitrust, Competition Policy and Consumer Rights May 7. “In the process, we will create U.S. jobs.”

      Of course he didn’t say WHO those jobs were going to, like ILLEGALS.
      “Nothing makes a senator smile faster than the promise of new, home state jobs — even if they’re built on cow guts and the sale of $1 billion of American assets to a Brazilian multimillionaire.
      It was a winning line, so Batista repeated it four more times in the next three minutes before concluding his brief, not-one-fact testimony[…]

      After all, where else in the world could a little-known, foreign meat packer go from nothing to No. 1 in cattle feeding and beef packing in a year with little more than warm bromides and cold cash?
      Only in America, baby. Only in America.
      Waiting for approval
      JBS Swift’s storming of the U.S. beef packing and feeding sectors, however, hinges on the Department of Justice approving its buyout of National Beef, Smithfield’s beef slaughter operations and Smithfield’s massive Five Rivers Cattle Feeding LLC, the nation’s largest cattle feedlot with one-time capacity of 811,000 head.
      Should the Department of Justice bless the purchase, the Brazilian firm will leapfrog cattle-killing competitors Cargill and Tyson to control nearly one-third of all cattle slaughter while paring the number of national packers from five to just three….

      Such an outcome would all but end competitive cattle buying in America, Bill Bullard, CEO of R-CALF, the Billings, Mont., cattlemen’s group, told the Senate hearing. It “would likely be the proverbial straw that breaks the camel’s back” of the $50 billion-per-year cattle market[…]. “
      Control
      “The key is “captive” cattle — animals either owned or contracted to packers — that packers use to effectively corral price discovery. Currently, packers have their hooks into 60 percent, or 27 million of the 45 million steers and heifers, of cattle slaughtered in the U.S. each year.
      That majority control is where the “price of cattle is established for the remaining 18 million cattle that are not sold to the (current) major packers,” related Bullard.
      Further concentration — allowing the Big Four or Five to become the Big Three — said Bullard, all but assures easier price coordination between packers that then threatens thinner markets, lower cattle prices, fewer cattlemen and harm to “thousands of rural communities that depend on a vibrant, competitive U.S. live cattle industry.”
      He’s not stretching the blanket. From 1980 through 2004, the top four American hog packers increased their national kill percentage from 33.6 to 61.3, according to USDA data.”

      Bad taste
      “Simultaneously, the number of U.S. hog operations declined from 667,000 to 67,000. And as the hog packers’ grip tightened, the spread between farm and retail prices expanded — from about 50-cents per pound in 1980 to more than $2 per pound in 2007.[…]

      Liked by 5 people

  18. citizen817 says:

    Add in the fact that most of the economists today were in their teens/ low 20s when Trump was already building his empire… honing his skill set…should he ever be in a position of power, which as it turned out is right now…President Trump. Most of them have never seen a main street based economy so they don’t have a frame of reference to go by. I think estimates of GDP will be raised higher by the next quarter as our economy exponentially picks up.

    Liked by 2 people

    • wheatietoo says:

      Young people have grown up in a world of Big Box Stores and Internet Sales, too.
      They don’t know what it was like…before.

      Big Box Stores proliferated and made millions off of cheap Imports.
      As crime and high gas prices drove people indoors…people resorted to catalog and internet sales.

      Our corrupt politicians, paid off by their globalist donors & lobbyists, passed laws and made regulations that drove our factories out of business.
      Downsizing, unemployment and lower-paying jobs, resulted in a Poorer Middle Class.

      It’s all connected.
      Gee…it’s almost like ‘someone’ had a master plan to bring the US to it’s knees.

      Liked by 4 people

  19. ALEX says:

    I thought this was timely. It’s a very small oil refinery out in West Texas boonies, but fits in with the narrative and let’s hope this is repeated in all sectors millions of times..

    http://www.oann.com/first-oil-refinery-to-open-in-40-years-breaks-ground-in-west-texas/

    November 20, 2017

    OAN Newsroom

    The first oil refinery to open in the U.S. in 40 years breaks ground in west Texas.

    The MMEX Resources Corporation’s $50 million project is set to be built in Pecos County.

    The area holds a significant crude oil supply, and is also railroad accessible.

    It will be developed in two phases, and is expected to create hundreds of jobs.

    Once it is completed, the 126 acre refinery will be able to process 10,000 barrels of crude oil each day.

    Meanwhile, officials plan to file permits for a second unit that would be able to produce 100,000 barrels.

    The first phase of the project is expected to be completed by the end of 2018, and will take up 15 acres.

    The Texas Commission on Environmental Quality has already given the green light to start the project.

    With the expansion of crude oil production in the region, economic growth is expected to follow.

    Liked by 11 people

    • piper567 says:

      This is really exciting…I’ve spent most of a life in CA and WA…The aggressive focus of do-gooder green types has most definitely been on No Refineries. And, of course, the pinko State Governments have followed along, with the press in tow.
      This has been a major impediment to processing crude in an economical fashion; the bottleneck has been intentional bc, you know, fossil fuels are bad for the Planet.
      Last time I looked, this attitude is kind of confined to The Archipelago of Coastal Blue areas…that leaves a Lot of USA area in which to build refineries close to sources.
      SO glad to see this. Absolutely necessary.
      Energy Independence will be a hard thing to reverse once it is established.
      By the time this achievement is within reach, I expect we will have several new sources of media capable of spreading the good news.

      Liked by 3 people

    • Angry Dumbo says:

      Love you OAN!!!

      Like

    • adoubledot says:

      Hallelujah. Imagine what a few more of these refineries increasing overall supply in combination with PDJT policy will do long term for gas, diesel and jet fuel prices.

      Liked by 2 people

  20. theresanne says:

    Since Pres Trump first said he was running I told anyone who would listen we needed a businessman to save America. Thank God that’s who we got!

    Liked by 3 people

    • G. Combs says:

      AMEN!!!

      With the Trans-Pacific Partnership on the horizon I figured the USA as a sovereign nation was all but dead.

      Killing the Trans-Pacific Partnership, the Paris Accord and defending the 2nd Amendment was my reason for voting for President Trump. Everything else is just the cherry on top of that beautiful piece of chocolate cake!
      …..

      For those who continue to complain that if the wall isn’t build or …. we have to remind them just how close we came to completely losing this country and literally entering another Dark Ages.

      Liked by 3 people

  21. Texian says:

    I get it.. He is balancing the scales as they go upward; Adding more employment and higher wages on one side by bringing more industry and manufacturing back into the U.S. – which gives the People the ability to afford the increased cost as a result of bringing back the domestically produced manufacturing of durable goods.. (durable goods that actually will be ‘durable’ again too. Made in the U.S.A.).

    It’s a win win.. and actually a triple play win.. The third win being the most important win.. The increase in the middle class standard of living.. The larger synergical result that is greater than the sum of its parts…’Economic Alchemy’..

    It’s this kind of thinking that I like about Sir Trump.. He’s the Man.. Making America Great Again..

    ..Shit like this, is why I voted for him..

    Liked by 4 people

    • piper567 says:

      hear, here Texian !!

      Liked by 2 people

      • Emmet Dene says:

        it is nice that the middle class will be better off under maga. but us poor seniors with a fixed income are still getting shafted. prices are still increasing while our income is not.
        grocery prices are continuing to increase. the electric water and trash are going up
        we need another car but used ones are still costly, thanks to obozo,.
        our income that even 5 years ago was adequate, is barely adequate now.
        seniors are hurting, and we need help.

        Like

        • Aguila2011 says:

          Maybe, just maybe if the Welfare rolls continue to shrink, and the freeloaders take a hike, us Seniors will get more than a measly nothing increase in cost of living. Everyone but the economists no that there is “real” inflation going on. I think Trump’s team has a good handle on that and they are working many handles and angles to reign in decades of sheer stupidity on the part of “politicians.” Thank God he is not a Politician but a businessman and a problem solver.

          Like

  22. freq says:

    and just imagine what will happen when the Obamacare mandate is finally removed…

    Liked by 3 people

  23. jeans2nd says:

    Oh heck, it is only Pres Trump and the Trump Trade Team against The World.

    “many — even the US Trade Representative, Robert Lighthizer — seem to think it’s time for corporate sovereignty, also called “investor-state dispute settlement” (ISDS), to go. (The ISDS) gave companies unique rights to sue countries in a supra-national court”

    “The EU…now wants to go further by creating a truly global corporate sovereignty system enforced by a new Multilateral Investment Court (MIC)…the MIC would be able to create what amount to global laws, without any democratic input or scrutiny.”

    “the German government and European Commission will probably try to go ahead with the MIC initiative anyway”
    https://www.techdirt.com/articles/20171120/09250538649/top-german-judges-slam-eu-plans-to-create-global-court-to-enforce-corporate-sovereignty.shtml

    The World does not stand a chance.

    Liked by 3 people

    • G. Combs says:

      The B@$turds just don’t give up do they?

      I am sure that will go over real well in China, India, Japan and perhaps Russia. Combined those four have a GDP of $38,263,153 or 50% or the world’s GDP.

      Liked by 2 people

    • Aguila2011 says:

      Oh, come on. Don’t wave your surrender Monkey flags just yet.

      If we have to, we will defeat the Germans again, and the rest of the stupid EU. You would think that for all the German self flagellation over WW2 and the Holocaust, they would cut the crap about this world domination stuff. What is wrong with these people??

      Trump already has the EU on the ropes in many countries following the lead of the Brits with the BREXIT vote. Their clock is running down and they are getting desperate as even Merkel is finding it hard to hold on to her power. The globalist in Belgium and around the world are losing. We just need to have more countries join the fight but Trump is getting the message across with the hard facts that hit home.

      Like

  24. trapper says:

    I have suspected the NAFTA negotiation, rather than just killing it, is all about timing and smoking out the other side. What is important to them, what they know, what they don’t know, how sophisticated or clueless they are, all intel that can be obtained during the NAFTA negotiations so that we hit the ground fully in charge during the one-on-one talks we will have with Canada and Mexico individually. I expect we have already learned a lot, and once the Trump team thinks there is no more to be learned about the other sides then we will kill NAFTA.

    Liked by 7 people

  25. Paul Revere says:

    Now if only we could get a little justice applied to many past and some present government leaders.

    Liked by 5 people

    • wheatietoo says:

      Agree.
      But it’s all about the Judges.
      Until we get some more honest judges in place, we’re not going to get any justice.

      That’s why the Senate is dragging it’s heels on getting all of Pres Trump’s judicial nominees confirmed.
      They are afraid that justice will be served.

      Liked by 6 people

  26. Minnie says:

    Thank you for simplifying this complex (for me) strategy.

    CTH is the best ⭐️

    And Mr. President is a brilliant businessman, something the United States was sorely lacking as Commander in Chief for the past several decades.

    Relieved to know it is rectified, for the benefit of all Americans.

    MAGA 🇺🇸🦁🇺🇸

    Liked by 1 person

  27. Thecleaner says:

    Whirlpool is the classic global manufacturer. 9 locations in the US, 43 locations in other countries, including 9 in China/India.
    I would love Sundance’s take on how driving up the cost of labour and durable goods in the domestic US market will lead to increased exports.
    The big durable goods producers, be they American or foreign all have global manufacturing in most of the major consumer areas in Asia, Europe, North America/Central Ametica and South America.
    Why would high cost big ticket durable goods be imported for domestic use from America, when low cost comprables are readily available locally?
    You can squeeze tariffs out of importers into America to level the price, but that simpy removes any low cost option for the American consumer, who will pay the same high cost for quality or crap.
    Forcing the dollar store to be the 10 dollar store will just eliminate the competition, leaving the survivor free to raise the price even more.
    This will also trigger retaliatory tariffs on other US exports, raising the price of US goods even further in foreign markets.
    Is the US aiming for a solely domestic market, and can US manufacturers actually survive such a scenario where everything produced in the US is sold in the US without competition on price?
    I simply dont see how pricing out 6 billion consumers to placate a domestic base of 300 million and force feed them predetermined products at prices solely controlled by the State Owned manufacturer will work in the long run. It all sounds very Venezuelan to me, but what do I know.

    Like

    • dufrst says:

      It’s called proximity to market. You’re confusing yourself as to how trade works. Whirlpool will have plants overseas to access those markets overseas. The big globalization scheme has been to source manufacturing where labor cost are the least and export it into whatever market that would take them in tariff free (thus the term “free” trade). What’s wrong in the Samsung vs. Whirlpool debate is Samsung can access the US market free by sourcing manufacturing to Vietnam but Whirlpool can’t compete, even though it has domestic plants for the domestic market.

      The incentives are skewed to moving domestic plants overseas to compete with foreign competitors accessing our domestic markets. It should be the opposite. If you want access to our market, either relocate to US or level the playing field in your country and compete on basis of quality rather than a race to the bottom (market share).

      Like

    • Aguila2011 says:

      There is more to being successful in a market than just price. In the case of many Asian countries, products are downsized because living spaces are expensive and small. And even though there are six billion people around the world, only a fraction can really afford these durable goods. If you have lived abroad, you know what I mean.

      And then try to get spare/replacement parts, or selection of colors, or say in the case of refrigerators, even a unit that allows you to open the door from either side, and you are stuck. Only few choices. In Asia, refrigerators open only from the left, hinge on the right. See how that works in every kitchen arrangement!

      And when it comes to price, there is literally no competition. Talk about price fixing. Everyone has the same price no matter where you shop and trying to negotiate is a waste of time. Take autos. Few options, few colors, you get what’s on the floor and unless you are very rich and can afford the wait for a special order, you get what is on the floor. The national car companies make volume deals with Japanese car makers for instance for a limited offering and then price the products (no discounts available) at the full price. There is no such thing as passing savings on to the customer.

      So in the U.S. market, even though products might “cost” more, you get a lot more even thought from a global market perspective that goes relatively unrecognized.

      Like

  28. Searkreb says:

    Had a bank meeting today with two female regulators. They were pumped about the confirmation of our new comptroller of currency, Joseph Otting and were very complementary and excited about Steve Mnuchin. They also called an article fake news. I was completely blown away as that was the last thing I was expecting. You just never know what to expect from people in a good way.

    Liked by 2 people

  29. dufrst says:

    The tax cuts are the key. With the regulation cuts and the tax cuts, Trump is making the US more business friendly. The demand for US workers will go up and that’s why Trump has talked about the need for welfare reform. He wants Americans to get to work because there will be plenty of jobs. Then Trump wants to build up US infrastructure but much of that will be to supercharge the energy sector with new ports, pipelines, transmission lines, etc. Lastly, to fuel innovation and keep America atop in technology age, immigration reform that is merit based, will bring in higher skilled workers in favor of lower skilled labor to keep wages up and keep our talent pool stocked.

    Brilliant, brilliant strategist is our president! If he’s able to get tax cuts through then everything goes from there. Deregulation, tax reform, welfare reform, infrastructure investments, immigration reform, and trade renegotiations that will continue to boost the economy and bring jobs. All this means growth and growth means MAGA!!

    BTW, I would like Sundance to mention how prescription drugs are also a part of the consumable goods category too! Trump has plan to tackle the price increases in that space too! And on the durable goods side, military equipment count as well. The defense budget increase, as well as Trump getting our allies like NATO, Saudi Arabia, Korea and Japan to buy more US defense equipment is also a big factor in MAGA!

    Liked by 1 person

  30. shadowcole says:

    I am so thankful that it makes me weep, for our wonderful American President Donald Trump. Thank you Jesus for giving us this man to bring it back to the country you created. God bless America, patriots and our President. Amen

    Liked by 1 person

  31. TwoLaine says:

    Remember TRUMP, Maytag, Newton, IA & Dave McNeer?

    “When Donald Trump came to Newton, Iowa yesterday, it wasn’t the first time he’d been there. Newton, once the home of Maytag, has been in an economic slump since at least 2001, when Maytag started laying off employees to move their operations to Mexico. In 2006, Whirlpool bought the dying company, and in 2007 the Maytag factory was shut. Five years ago, Trump saw a story on 60 Minutes about the demise of Maytag, which included a segment with a local businessman named Dave McNeer.”

    www DOT facebook DOT com/permalink.php?id=429839163888822&story_fbid=473615679511170

    Meet the Iowan Donald Trump Turns to for ‘Make America Great Again’ Gear
    25 May 2016
    by Michael DaSilva

    http://whotv.com/2016/05/25/meet-the-iowan-donald-trump-turns-to-for-make-america-great-again-gear

    Like

  32. tonyE says:

    Now, if we control the H1B visas, maybe wife and I will get big raises too?

    BTW, this summer we bought a very nice Maytag (made in the US it says) dual washer dryer, stacked them.

    MSRP at Lowe’s was $2200 but they had them on sale for $1900. Then on delivery day they called me and told me that they only had one left and it had a minor bump on the side. If I wanted it, they’d knock off some money. I accepted, bump is invisible and on the rear side.. so they dropped the price another $200. Finally the State of Calimexistan gave us a $250 rebate for buying a new water saving washer.

    So, they cost me, $1450 + $200 in sales taxes. Nice… Really big, lots of lights, buttons, water steam in the dryer (wife was impressed…).

    It replaced a two year old GE stacked two year old ( hecho en Mexico, paid $1600 plus sales tax) that never really worked. I hated that thing… had to have it fixed twice in two years! Good riddance.

    Our previous Maytag stacked (Neptune) lasted 14 years.

    Like

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