“W-GDP” is the Women’s Global Development Prosperity initiative. Today President Trump signed the W-GDP initiative designating priority spending to empower women’s economic initiatives in the U.S. and globally. [Details of W-GDP Here]

[Transcript] Oval Office – 1:59 P.M. EST – THE PRESIDENT: Thank you very much. We’re here today to launch the first-ever, U.S. government-wide initiative focused on economic empowerment for women in developing countries. A lot of people have worked very hard, especially some of the people behind me.
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Alexandria Ocasio Cortez, aka “Occasional Cortex“, revealed an energy and social justice plan today called “The Green New Deal“, promising a massive transformation of American society.  However, the substance (full pdf below) is so ridiculous, there are many people now wondering if she and her allies were set-up by political opponents to make themselves look like fools.
[scribd id=399147612 key=key-7tqtGTfJDP5zTDj6Qgi9 mode=scroll]
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The goal is to have all Americans eating sustainable algae cakes and sitting around campfires, barefoot, picking parasites off each other…. or something.
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It’s an interesting exercise to consider just how much national economic policy shifts can impact U.S. workers and industry.  Only a few years ago the ‘best play‘ for auto executives was shifting manufacturing overseas or to Mexico.
Today, with the advent of a comprehensive energy policy, enhanced U.S. investment incentives, re-prioritized trade expectations, focused tariffs, lowered regulations, and expanded  economic freedom allowing consumer demand to drive investment decisions, the entire landscape of a massive industry shifts.

Now the ‘best play‘ is for multinational firms to focus on expanded investment directly in the U.S.A.  Simple, yet stunningly consequential:

CHICAGO – Ford said Thursday it will hire 500 workers and invest $1 billion in its Chicago assembly operations to help keep up with booming demand for sport and crossover-utility vehicles.

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Two Canadian political and economic observers, Ezra Levant of The Rebel.media and lawyer and consultant Manny Montenegrino, discuss how the USMCA grants special consideration to Mexico that Canada doesn’t receive.

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Historians will note the trilateral negotiations, including the U.S. and Canada, broke down in a series of events between October 2017 and January 2018; culminating with USTR Robert Lighthizer and President Trump deciding to focus on a bilateral agreement between the U.S. and Mexico that Canada was later forced to join.
The intransigent demands by Canada, which would have forced the U.S. to accept any Canada-China trade deal, was the fracture point.  [SEE HERE] This strategic mistake by Justin Trudeau and Chrystia Freeland created the downstream consequences now beginning to surface.
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ACTION ALERT: The Decepticon caucus inside the senate, under the control of U.S. Wall Street’s primary CoC Lobbyist and Big Club President Tom Donohue, are assembling to launch a full frontal assault against President Trump’s trade policies. Seriously watch out for Senators Pat Toomey, Rob Portman and Ron Johnson:

Toomey said reining in Trump’s tariff powers also has strong backing from the U.S. Chamber of Commerce, Business Roundtable and dozens of other trade associations. “There’s clearly a lot of momentum, but only time will tell whether it’s enough to get over the goal line.” (link)

National Economic Council Director Larry Kudlow appeared on Fox Business today to discuss President Trump’s State of the Union address and the Trump administration’s economic policies.

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David Malpass is President Trump’s nominee to lead the World Bank.  Mr. Malpass sat down with Trish Regan for his first media interview as the nomination process proceeds.

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President Donald Trump announces his nominee David Malpass to become President of the World Bank. Press Announcement forthcoming.
UPDATE: Video Added

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One of President Trump’s more strategic messages within the State of the Union speech last night surrounds his statement toward China, Chairman Xi, and the proxy province of North Korea, Chairman Kim.  Emphasis mine:

[…]  “As part of a bold new diplomacy, we continue our historic push for peace on the Korean Peninsula. Our hostages have come home, nuclear testing has stopped, and there has not been a missile launch in 15 months.”
“If I had not been elected President of the United States, we would right now, in my opinion, be in a major war with North Korea. Much work remains to be done, but my relationship with Kim Jong Un is a good one. And Chairman Kim and I will meet again on February 27 and 28 in Vietnam.”

Beyond announcing the dates and location for the next summit between President Trump and Chairman Kim Jong-un; many domestic political opponents, and even some allies, might criticize the highlighted part of the statement from the position of self importance.
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White House Press Secretary Sarah Huckabee Sanders appears on Fox News to discuss the upcoming State of the Union address.

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The Chairman of the White House CEA Kevin Hassett appears on CNBC to discuss the strong January jobs report and economic indicators that were released last week.
Hassett is valuable, very valuable, because he is one of the few bean-counters who reviews current analysis through the prism of what is factually happening around him; as opposed to economic theory.  Because he accepts what I call ‘fluid-currentism‘ Hassett is one of the few analysts who (early on) started recognizing that under MAGAnomics (Main Street centric policy) inflation was no longer connected to the FED engagement.
To say acceptance of this ‘new dimension‘ puts Hassett on the cusp of leading economic review would be an understatement. Additionally, it makes his commentary exceptionally more valuable [listen to the segment at 02:50].  Hassett is pragmatic, positive, open to accepting all fact-based evidence, on point, and more importantly, accurate.

…”The booming economy is giving us the social justice that people want”… ~ Kevin Hassett

Unfortunately, most financial pundits are prone to talking down the strength of the U.S. economy. It’s maddening. They spend all day mining for coal nuggets while currently surrounded by diamonds.
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