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President Trump USA Worker Initiative Celebrates One-Year Anniversary – 3:30pm Livestream…

The U.S. worker initiative is one of the least discussed success stories in the landscape of MAGAnomics.  At the heart of the program is a new-era retraining program through a partnership between private companies and the education sector.  There are programs ongoing throughout the nation and it really is a remarkable success.
UPDATE: Video Added


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[White House] Today, President Trump, Vice President Pence, Advisor to the President Ivanka Trump and members of the Cabinet will host an event at the White House with workers and CEOs to celebrate the one year anniversary since the launch of the Pledge to America’s Workers.
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MAGAnomics – IMF Increases Forecast of U.S. Economic Growth, Simultaneously Downgrades Global Growth Prediction….

This is funny.  No, really, it is actually funny.  Yesterday the International Monetary Fund (IMF) revised its outlook of the global economy.  If you read the IMF prior “dire forecast” from July 17th –yes, only a week ago– you’ll discover the humor aspect.
The IMF is now upgrading their forecast of U.S. economic growth; and admitting -in essence- that President Trump’s America-First agenda is relocating global wealth back to the primary host nation known as the U.S.A.   The increase in their forecast isn’t a small increase, it is essentially adding .3 percent (from 2.3% to 2.6%) or $60 billion more.

However, you’d have to go through two-thirds of the Reuters press coverage of the IMF release; and plow through a littany of doom and gloom; before you found this obscure reference: “The IMF raised its forecast for U.S. economic growth to 2.6% in 2019, but left its 2020 forecast for 1.9% growth unchanged.”   Apparently the economic team at Reuters has a sad… harrumph!
Even the Washington Post, despite their earnest efforts, couldn’t actually put a negative spin on the new IMF projection:
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DOJ Opens Broad, New Antitrust Review of Big Tech Companies…

The U.S. Department of Justice has announced a new and broad review of on-line tech companies to investigate if their activity is violating antitrust laws.   The DOJ announcement explains: “Review Focuses on Practices that Create or Maintain Structural Impediments to Greater Competition and User Benefits.”
According to the Wall Street Journal, “The new antitrust inquiry … could ratchet up the already considerable regulatory pressures facing the top U.S. tech firms. The review is designed to go above and beyond recent plans for scrutinizing the tech sector that were crafted by the department and the Federal Trade Commission.”

Full Press Release: The Department of Justice announced today that the Department’s Antitrust Division is reviewing whether and how market-leading online platforms have achieved market power and are engaging in practices that have reduced competition, stifled innovation, or otherwise harmed consumers.

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Boris Johnson Wins Party Vote Becomes Newest British Prime Minister…

Boris Johnson has succeeded in beating his nearest rival Jeremy Hunt for leadership of the conservative party in the U.K. thereby becoming the next Prime Minister. One of the priority challenges for Prime Minister Johnson will be navigating a successful Brexit.

A full three years after the British electorate voted to leave the European Union, the elites in Britain have continued to stymie the referendum in their effort to remain attached to the communal values of the collective society.  Thus gave rapid rise, recently, to the Brexit Party as a national force led by Nigel Farage.  It’s the UK version of ‘deplorables’ vs ‘elites’.
The British Parliament is filled with elected members who stand in opposition to the majority of the British citizenry.  It is amid this professionally political and elitist disconnect that Boris Johnson must now attempt to deliver Brexit, while the purchased politicians of both institutional parties will oppose his effort. [Sound familiar?]
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Michigan Democrat, Now Trump Supporter: "The things he's promised, well, he's done them"….

As the week begins, it’s worthwhile reemphasizing the value of President Trump, and how the focused, albeit at times pragmatic, policy is received by the larger U.S. electorate.   This interview is representative of the silent majority voice; some silent no more:


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The underlying reality behind these words from a Michigan voter is exactly why the media need to have redoubled their efforts of opposition. President Trump is simply succeeding, despite the enormous scale of manufactured political opposition.
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NBC Poll – Wide Majority See Improved Race Relations Under President Trump…

Well, there it is….  Right there in a poll [full pdf below] of eleven southern states conducted by NBC over two weeks we see the reason why the DNC, political leadership and media are whipping up false accusations of racial anxiety against President Trump.

The majority of those polled see improvements in race relationships,… and their approval of President Trump is higher…. and their view of the economy is more optimistic…. and the number one issue is immigration.
All empirical points that help President Trump and simultaneously destroy the Democrat narrative.  That recently released NBC polling result is exactly behind why Trump’s political opposition had to make a fast move against his administration.

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Go Figure – Bernie Sanders Refuses to Pay His Campaign Workers $15/hr….

Bernie Sanders is upset that his campaign workers have gone to the media with their concerns about Bernie’s wage hypocrisy.  “It does bother me that people are going outside of the process and going to the media,” he said. “That is really not acceptable. It is really not what labor negotiations are about, and it’s improper,” he grumbled.

The campaign pay and benefit issue is a little funny considering how Bernie Sanders holds himself up as the global arbiter of all that is righteous and indignant about worker’s pay. In essence Bernie is the self-appointed Che’ Guevara of the current presidential candidate pool.
The problem is that capitalist Bernie is in a fight with communist Bernie.  As a capitalist Bernie wants to count all of the benefits (healthcare payments, reimbursement, etc) as well as a fixed salary as part of the collective pay package of $36k per year.
Keeping the strict salary system in place means Capitalist Bernie can demand a six-day workweek, 60 hrs per week, and retain a $36k/yr minimal payroll per worker. Meanwhile communist Bernie wants to apply a standard $15/hr wage, for every hour and time-and-a-half beyond forty hours, to the rest of American business.  [A tad hypocritical.]
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MAGAnomics – BLS Wage Report – Second Quarter Wage Growth 3.7 Percent Year-Over-Year….

The Bureau of Labor Statistics has presented the data for second quarter (Q2) year-over-year wage growth.  Average weekly wage growth is 3.7% year-over-year.

[Source, BLS release Q2 – Table 2]

With inflation (CPI) averaging 1.8% over the same period this means wages are strongly outpacing inflation and increasing the disposable income of U.S. workers.  This data-set, combined with positive consumer sentiment on job and economic security, bolsters the recent report showing “unanticipated” strength in retail sales.
The data is a reflection of Main Street strength. The job market is hot; wages are rising (3.7%) much faster than inflation (1.8%); the middle class has more disposable income. Hence, retail sales growth is strong at 3.8 percent.

Must Watch MAGAnomic Overview – Navarro Outlines Trump Economic Roadmap…

Excellent interview by Charles Payne as White House Manufacturing Policy Advisor Peter Navarro outlines how the strategic road map of MAGAnomics is converging.  If you want to see the future, listen to how Navarro outlines what’s coming.
The six MAGAnomic components to pay attention to include: ♦changes to the Universal Postal Union (UPU); ♦HUD Opportunity Zones; ♦America First raw material policy for infrastructure; ♦retail sales strength; ♦the current status of the U.S-China negotiations; and ♦the USMCA ratification.


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♦The UPU was one of those archaic policy issues set-up with good intentions, and then maintained by ‘stupid’ politicians well after it should have been renegotiated.  It’s good to hear that mess is coming to an end in October.
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Giddy Up – IMF Outlines "Global" Danger From Trade War With President Trump…

An article from Reuters discussing the position of the International Monetary Fund (IMF) is interesting.   Essentially the IMF is warning that “global economies” will contract by $455 billion next year due to the ongoing trade conflict between the U.S., China, the EU and to a lesser extent, Japan.  Yes Alice, there are hundreds of billions at stake.
There’s really no reason to doubt the amount estimated, though I think it’s on the short side, but the yearly value seems in line.  I have no doubt President Trump will cost the “Global Economy” $455 billion…. because that money will be transferring back to the America First economy. That’s what happens as MAGAnomics reverses the IMF trade (wealth distribution) model.

The IMF is correct in part (the effect), incorrect in part (the cause), and mostly hypocritical.  The Euro-minded IMF rails against the high value of the U.S. dollar, but simultaneously ignores the motives behind the intentional devaluation of currencies that are pegged against the dollar.

WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, the Japanese yen and China’s yuan were seen as broadly in line with fundamentals.

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