WHITE HOUSE – AMERICA’S ECONOMY IS FIRING ON ALL CYLINDERS: President Donald J. Trump has unleashed America’s economic growth engine and ushered in a new era of economic optimism.

• Under President Trump, nearly 1.7 million new jobs have been created.
  • 159,000 jobs have been created in the manufacturing industry.
  • 57,000 jobs have been created in the mining and logging industries.

• The unemployment rate has fallen to 4.1 percent, the lowest in nearly 17 years.
  • Thirteen States have reached record low unemployment rates.

• Gross Domestic Product (GDP) in the United States has grown by more than 3 percent in the last two quarters.
  • The GDP growth rate was 3.3 percent in the third quarter of this year.
  • The GDP growth rate was 3.1 percent in the second quarter of this year.
• Productivity in the United States economy grew to 3 percent last quarter.

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Nancy Pelosi and the Democrat party said the Trump Tax Reform bill was going to end up killing people.  Perhaps if she was counting all the people injuring themselves while jumping for joy, she might be accurate.
Immediately following the passage of the Tax Cut Bill, U.S. companies are announcing their plans to increase the pay, benefits and bonuses of U.S. workers.   This is almost too much winning…. but we can take it…. Super-MAGA-Winning:

(AT&T Story HERE)

Oh, but it doesn’t stop with AT&T.
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Last Friday the New York Federal Reserve raised its estimate of U.S. GDP growth for the fourth quarter of 2017 to four percent.  That’s officially the unattainable, impossible magic-wand-level of GDP growth all the ‘experts’ said was impossible.  Why did they make that ‘unexpected upward’ re-re-re-revision?  Because the underlying economic activity represents facts that cannot be denied. The economy is on-the-move.

…”Hold on to your economic britches peeps – throw dem ju-ju bones out the windows – grab hold of the young-un’s, squeeze em tight and introduce them to ‘capitalism unchained’. We are in uncharted MAGA territory now. Q4 will be well beyond 3.2% 3.8%  3.9% 4.0%… Well Beyond.”…

The actual economic activity noted in virtually every region in the U.S. is so strong the polling measures of economic optimism are reaching new records.  Today, as an example, for the first time in their 11 year CNBC All-American Economic Survey  more than half of all Americans responding to the questions rate the economy as good or excellent.  Additionally, nearly 41 percent of Americans say they expect the economy to be better a year from now. These represent the most optimistic results CNBC has ever recorded.
We would be remiss if we didn’t note a specific choice of words used to describe the economic conditions being measured:

…”We’re not measuring a marginal change in the economy, we’re measuring a different economy.”…

Sound familiar?
It should….
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From the State Department:
“The United States faces a 21st century global environment that presents unconventional threats from non-state actors, as well as challenges to our economic and national security from traditional state actors. Whether the threats are rogue nations seeking nuclear weapons, terrorists plotting to attack our homeland, or malicious cyber actors seeking to damage and destabilize our critical systems and infrastructure, we must remain vigilant against those who would do harm to our people and our way of life.”

“President Trump’s new National Security Strategy brings to bear all elements of American power to protect our people, generate new economic opportunities, and advance our interests and democratic principles. The State Department will work closely with other federal agencies and our allies and partners around the world to implement this strategy. ”
~ Secretary of State Rex Tillerson
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Treasury Secretary Steven Mnuchin departed Camp David last night and appears on Fox, CNN and CBS Sunday talk shows to discuss the pending historic vote on Tax Reform.
Fox News Sunday:

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CBS Face the Nation:
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Earlier this morning President Trump stopped on the South Lawn prior to getting on Marine-One headed to Camp David.
President Trump is completely on stride now.  The final tax reform product is not quite as good as he originally hoped, but the underlying business side has all the essential elements needed to fuel GDP well beyond 4%.   Titan POTUS is deep in his comfort zone right now, and has gamed out his targeted economic objectives.  Bigly.

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If congress screws this vote up now, you can easily expect President Trump to tear the dome of the Capitol Building, personally.  1.) Pass the tax bill. 2.) Exit nafta  3.) Leverage more manufacturing company returns.  4.) Investment chases opportunity.
Lastly, watch the stock market continue increasing because actual profits, not paper shuffling, will reflect the stunning engine of U.S.A Main Street roaring back to life.
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Today Secretary of State Rex Tillerson went to the United Nations to deliver a strong diplomatic message to the North Korean regime about their ongoing nuclear ambitions.
President Trump and Secretary of State Tillerson are asking Chinese Chairman/President Xi Jinping to cut off the oil supply to the DPRK.
If you have not watched the prior ‘deep weeds discussion‘ by T-Rex on the specific reason why the U.S. cannot, ever, accept a DPRK with nuclear weapons, you should.  Two very specific reasons why also explain why traditional state adversaries China and Russia are willing to put aside their differences with the U.S. and work to denuclearize N-Korea:

• #1) The DPRK have stated, through actions and words, they intend to use nuclear weapons as a larger strategy, a shield per se’, toward advanced conventional military action in the region.  And more importantly…
• #2) The DPRK have stated, through actions and words, they intend to commercialize nuclear weapon manufacturing and distribution, thereby selling completed nuclear weaponry on the global market.

Given the unconscionable risk of having terror state actors gaining nuclear weapons for use against any nation, the threat of such a stunning and dangerous possibility can never be accepted.  Which leads to three important videos from today:

(TRANSCRIPT AVAILABLE HERE)

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On the same day that DoLS reports unemployment claims are at their lowest level in 45 years; and on the same day when Reuters economist panel admits that wages are indeed going up quickly now; well, the November holiday sales results are being reviewed and the results are stunning.

(Reuters) U.S. retail sales increased more than expected in November as the holiday shopping season got off to a brisk start, pointing to sustained strength in the economy.
[…]  The Commerce Department said retail sales rose 0.8 percent last month, with households buying a range of goods even as they cut back on purchases of motor vehicles. Data for October was revised to show sales gaining 0.5 percent instead of the previously reported 0.2 percent increase.
Retail sales accelerated 5.8 percent on an annual basis. Economists polled by Reuters had forecast retail sales increasing only 0.3 percent in November. (link)

5.8% growth over last year is BIGLY yuge.  We’re talking about massive numbers. To move them almost 6% is bigly. Remember, retail sales account for approximately two-thirds of all U.S. economic activity within our GDP valuation.  We are the world’s largest market economy.
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When candidate Donald Trump campaigned and won the election in 2016 he promised to cut the massive regulatory burdens that were strangling the U.S. economy.  Together with several cabinet members, today President Trump celebrated the administration’s efforts at achieving the biggest cut in federal regulations in history.
“For the first time in decades, the government achieved regulatory savings,” President Trump said, boasting that “we blew our target out of the water”. “The administration, over its first 11 months, we canceled or delayed over 1,500 planned regulatory actions – more than any previous president by far.”

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If there is anyone who didn’t quite understand the quote: “there are trillions of dollars at stake”, in the context of the 2016 election, well, a letter today from the biggest EU economic nations will provide greater context.
Additionally, as you absorb the position behind their claims, never forget how much foreign governments spend in lobbying the U.S. congress for legislation adverse to the interests of U.S. workers.
Britain, France, Germany, Italy and Spain are claiming the U.S. congress has no right to reform the U.S. tax code because the reforms undercut their ability to hold an advantage over the U.S. in multinational trade deals.
This quote is particularly enlightening:

[…]  The letter argues that proposed changes to the U.S. tax code could give American companies an advantage over foreign rivals.

The Globalist Position: ‘All your tax code are belong to us.’  Yes Alice, the election of President Trump, and the specific economic and trade policies within his platform, are an existential threat to decades long multinational schemes.

CNN MONEY – Germany, France, Britain, Spain and Italy have written to Treasury Sec. Steven Mnuchin, arguing that tax bills passed by the House and Senate run afoul of treaties and could distort international trade.

“It is important that the U.S. government’s rights over domestic tax policy be exercised in a way that adheres with international obligations to which it has signed-up,” the letter states. It was signed by the countries’ finance ministers.

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