WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday called tax code revisions a critical way to boost the nation’s economy as he kicked off a White House meeting with chief executive officers of Target Corp (TGT.N), Best Buy Co Inc (BBY.N) and six other major retailers.

The retailers spoke with Trump about an overhaul of the corporate tax law and infrastructure improvements. While companies like Best Buy and Target support changes to the tax code, they urged Trump to oppose a proposal for a new border tax on imported goods.

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Some people say the liberal mind is predisposed toward stupidity, or at least stupid behavior.  Perhaps that’s a little too harsh; however, the plan for today is definitely an example of not quite thinking things through to – ‘the unintended consequences‘.
There is a social justice action taking place today, Thursday February 16th, and being widely promoted.  –Media Report Here–
Essentially the objective is for all illegal aliens not to go to their jobs; it’s called “A Day Without Immigrants” and it has its very own hashtag – SEE HERE -.
Here’s some promotional material, flyers being distributed, to explain the gist of the plan:

So the approach is to call out sick (or something) from work, and just don’t show up.
However, has anyone stopped to think that by participating in this program they are just outing themselves as illegal aliens, which means illegal employees to their employers?
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If you think the UniParty attacks upon President Trump are vitriolic now, just wait until President Trump presents his budget proposal to congress; that’s when the UniParty is really going to go bananas, and every crony-conservative pundit and radio talker will simultaneously demand Trump immediately spend more money.

These politicians will demand more spending.  Notice anything familiar about them?

The federal fiscal year runs from October 1st to September 3oth annually. The Budget and Accounting Act of 1921 requires the President to submit his budget request for the upcoming fiscal year no later than the first Monday of February.
However, in the first year of the first term of each administration – congress waives the statutory deadline because so much of the election and campaign is structured around fiscal budget and tax policy.  The waiver gives the incoming administration time to construct their budget after the inauguration.  Historic reference:
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H.J. Resolution 41, “disapproving the Securities and Exchange Commission’s rule on disclosure of payments by “resource extraction issuers”, ie. energy companies.

Foreign energy companies, developers and extractors do not have to publicly show their financial transactions with foreign governments.  An existing U.S. SEC rule designed to provide disclosure on corporate ‘donations’ to foreign governments put our energy corporations at a disadvantage.
The existing rule meant that U.S. corporations were revealing where and when they were planning to invest in energy development.  Competing nations energy companies were using that public disclosure information to out maneuver the U.S. on contracts.
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WASHINGTON – The Senate voted Monday evening to confirm Steven Mnuchin, a former investor, banker and Trump campaign official, to be the 77th secretary of the treasury. Sen. Joe Manchin, D-W.Va., was the only Democrat to vote with Republicans, and the nominee was confirmed 53-47.

Confirmation means that Mnuchin will be in a position to help carry out Trump’s ambitious agenda for cutting tax rates, lessening financial regulation and revamping trade agreements.
The treasury secretary is the top economic post in an administration, and Mnuchin’s swearing-in will go a long way toward filling out Trump’s understaffed Cabinet and, potentially, facilitating the president’s legislative agenda.  (read more)

One of the larger hurdles President Trump faces is a need to re-educate an entire generation on a fundamentally new vision of the U.S. economy.  A return to a Pro-Main Street, goods-based, manufacturing, technology, innovation and industry driven economic model. (more…)

As many of you know we spend a great deal of time researching various aspects of modern economics. There are very few people who have a firm grasp on the new economy, and even fewer still who can translate the recent economic structure into current economic predictions.
Professor Mark Blyth is one of the very select few people who grasp the full concept of two economies, Wall Street (fiscal economy) and Main Street (working class, traditional). A few weeks ago Blyth appeared on Tucker Carlson to discuss his thoughts.
Professor Blyth is well worth listening to because while he uses different terminology, he is essentially describing the exact conditions we have been discussing here for the last several years. He gets it, and we believe he’s correct.

Blyth describes political economics as an outcome of a decades shift from valuing wages (traditional main street production value) to valuing/emphasizing pricing (Wall street) etc.  What he outlines is exactly what we have described in the New Economic Dimension.
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Welcoming Prime Minister Shinzo Abe to the White House with a hug, President Trump said he wants to bring the post-World War II alliance with Japan “even closer.”  President Trump offered Japan assurances Friday that mutual defense agreements cover the disputed Senkaku Islands, claimed by China as the Diaoyus. Trump signed off on a joint statement with Prime Minister Shinzo Abe that reaffirms America’s security guarantee.

Diverting from Trump’s stance that the Trans-Pacific Partnership is bad for America, Abe stressed the importance of a “free and fair common set of rules” for trade among the worlds’ most dynamic economies. “That was the purpose of TPP. That importance has not changed,” Abe said through an interpreter, though both leaders held out the possibility of a future bilateral, U.S.-Japanese deal.
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(Via CNBC) Intel chief executive Brian Krzanich met with President Donald Trump on Wednesday, where the company announced it will invest $7 billion in a factory employing up to 3,000 people.

The factory will be in Chandler, Arizona, the company said, and over 10,000 people in the Arizona area will support the factory. Krzanich confirmed to CNBC that the investment over the next three to four years would be to complete a previous plant, Fab 42, that was started and then left vacant.
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It has been consistently evident that left-wing environmentalists and their professionally unemployed protesters are the most hypocritical bunch of moonbats around the drum circle of social and economic stupidity.
Defeated by Trump, the various ‘resist-we-much‘ environmental groups who were protesting the Dakota Access pipeline near the Standing Rock Sioux tribe in North Dakota have given up and gone home.
However, in their wake, the EPA is now involved as part of a massive clean-up operation to remove over 50 tons of toxic waste and garbage they left behind.  WATCH:

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Apparently the rules of camp etiquette were not exactly followed. (more…)