MAGAnomics is a generally common sense approach toward achieving dynamic growth in the U.S. economy.  Left-leaning economic experts (most of them) are gnashing their teeth as the America-First MAGAnomic principles are paying YUGE initial dividends.
Reuters News is forced to painfully publish the positive numbers; yet they talk down the economy despite the reality.  Again, using the Reuters information we’ll dig into the economic news, and deconstruct their dismissive ideologically-driven narrative.

WASHINGTON (Reuters) – The U.S. economy unexpectedly maintained a brisk pace of growth in the third quarter as an increase in inventory investment and a smaller trade deficit offset a hurricane-related slowdown in consumer spending and a decline in construction.

♦First, “unexpectedly”. Yeah, it’s always ‘unexpected’ when the results run counter to the preferred outcome.  Notice, “inventory investment”, that’s parseltongue verbiage to describe manufacturing and production infrastructure investment.  It’s not just “inventory” as in “unsold products”, what’s happening is companies are investing in growth and building out production capacity.  The “inventory” is actually equipment (being purchased) and operational infrastructure (being built), two measured GDP values.
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The ongoing IRS leadership issue(s) will be interesting to watch unfold in the future; especially for those who have followed the Treasury Dept. case against Robert Mercer, now a supporter of President Trump, and how the self-interest unfolded in the 2016 election.

President Donald J. Trump Announces Intent to Designate David Kautter to the Internal Revenue Service – David Kautter of Virginia to be the Acting Commissioner of Internal Revenue. This designation will become effective on November 13, 2017. Mr. Kautter was confirmed on August 3, 2017, to be the Assistant Secretary of the Treasury, Tax Policy. (White House Link)

(Via Fox News) The White House has named a Treasury official to succeed John Koskinen at the helm of the IRS next month, while allowing the controversial commissioner to finish out his five-year term.
David Kautter will serve as acting IRS commissioner beginning Nov. 13, the last day of Koskinen’s term, the White House said.
“Assistant Secretary Kautter has had an illustrious 40-year career in tax policy, and I am confident that the IRS and the American people will benefit from his experience and insight,” Treasury Secretary Steven Mnuchin said in a statement, noting the Senate would still have to confirm a permanent commissioner.
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Office of Managements and Budget (OMB) Director Mick Mulvaney appears on Fox News Sunday to discuss the ongoing tax reform plan with princess Bush-Perino.

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OMB Director Mulvaney also appeared on CBS Face The Nation (see below).
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President Trump gave an exclusive interview to Maria Bartiromo on Friday at the White House.  The wide-ranging interview aired earlier today on Fox News – Sunday Morning Futures.  Ms. Bartiromo generally does good interviews, especially when the topics are economics, taxes and finance.

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Earlier today President Trump met with members of the Senate Finance Committee to discuss the latest tax reform proposal.  (transcript below)

[Transcript] – 11:34 A.M. EDT – THE PRESIDENT: Thank you very much. I’m honored to welcome Republican and Democratic members of the Senate Finance Committee to the White House. And especially, I’d like to thank Committee Chairman Orrin Hatch — thank you, Orrin — and Ranking Member Ron Wyden for joining us today. Thank you very much. Thank you, Ron.
We’re here to discuss our plan to deliver historic tax cuts for American families, businesses, workers. It will be the largest tax cut in the history of our country.
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Secretary of Treasury Steven Mnuchin appears on Sunday Morning Futures with Maria Bartiromo to discuss the ongoing tax reform initiative.

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President Donald Trump has traveled to Harrisburg Pennsylvania to deliver a speech on the need for tax reform.  The speech will likely be broadcast on cable news and is anticipated to begin at approximately 5:30pm to 6:00pm EST.
UPDATE: Video Added

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Office of Management and Budget Director Mick Mulvaney appears on Sunday Morning Futures with Maria Bartiromo to discuss the ongoing tax reform proposal and the status within congress:

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President Donald Trump discusses the short-term (relief) and long-term (recovery) efforts for Puerto Rico.    As everyone is aware, even before the storm the island territory was under financial collapse as a result of Democrat mismanagement and generational political agendas’ creating a culture of dependency.
Hurricane Maria has exacerbated Puerto Rico’s problems and is showcasing a governmental structure incapable of governing during crisis.  The media hypes the suffering, yet omits the Island’s inept systems of governance and the culture of dependency.  The only way the U.S. federal government can assist effectively is by taking over almost every aspect of state and local government.
As President Trump points out in this impromptu press conference, congress has some decisions to make on the long-term future of Puerto Rico.  Throwing money at the problem is futile when the recipient systems are fraught with ineptitude and corruption.

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After several conversations with dozens of relief and recovery workers the message to CTH from boots-on-the-ground is the same: the culture of dependency is jaw-dropping. Watch the raw background footage from Western media on the island and see if you can spot any native Puerto Rican residents doing much, if anything, to help themselves.
FUBAR
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President Trump recaps the week ending September 29th with remarks on the ongoing relief and recovery efforts in Puerto Rico and the recently announced tax reform package.

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