The Bureau of Labor Statistics highlights some alarming inflation numbers today [Link Here] that are unfortunately, not unexpected…. unless you are a liberally trained economist (most of them) and so the results are surprisingly “unexpected”.    But the actual JoeBama-nomic policy is even worse because wages increased less than inflation increased, so real wages (actual purchasing power) decreased.  That spells trouble, Trouble.

Middle-class wage earners already know this problem; you are seeing it at the gas pumps and at the grocery store.  Fuel prices are rapidly increasing and the amount of inflation in the ‘at home’ food industry (grocery store) is even more concerning.

Let me first walk through the data and then provide some forward analysis with tips to help you offset what is about to hit.

First, it is important to know that BLS price survey data lags actual prices as felt today.  The prices you are seeing today/tommorrow at the store and gas pump will not show up in the rolled-up data for over a month….  So the data released today is unfortunately far behind what you are witnessing in real time.

Gas prices rose last month by 9.1%.  The year-over-year inflation number is an alarming 2.6 percent last month.  Keep in mind that retail grocery prices are not in the inflation number, and they generally follow the same price index as fuel; so it is safe to say monthly grocery store price increases are in the 8 to 10 percent range.

Part of the reason gas and food track together is fuel and energy prices are the #2 cost within the food sector.  With packaging prices increasing; with fuel prices and distribution costs increasing; with energy prices increasing; all costs associated with food production, processing, delivery, warehousing and distribution, all end up in the final price at the grocery store.

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One of the bigger issues never fully grasped by many Americans was President Donald Trump’s restraint in relation to the power of the federal government under the guise of COVID-19 action.  No president in our lifetime was ever more reluctant to weaponize the opportunity to expand government; Donald Trump stood the gap.

CTH warned since last summer of the ramifications if a leftist group used COVID-19 to expand federal power over peoples lives and livelihoods.  Today, JoeBama’s team has unleashed a series of TEN EXECUTIVE ORDERS fully weaponizing the opportunity.

(1) Executive order on COVID worker Safety, weaponized Dept of Labor, OSHA.  Literally word-for-word what CTH predicted.   [Predictions HERE and HERE]

(2) Executive order on COVID school safety, weaponized the Dept of Education. Leverages federal funds, grants.  Supports the education labor union effort. Exactly as expected.

(3) Executive order creating COVID-19 Health Equity Task Force.  Weaponizing the HHS takeover; the Secretary of Agriculture, the Secretary of Labor, the Secretary of Housing and Urban Development, the Secretary of Education, the Administrator of the Environmental Protection Agency.  Again, exactly as predicted.

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There are a lot of masks dropping this week.  There is a great deal of new sunlight upon the professional and institutional republican politicians that hold office.  There is a great deal of information this week highlighting establishment opposition against the presidency of Donald Trump. It is valuable to understand what lies at the heart of this opposition.

CTH can get down in the weeds of each specific issue to discuss the motives and intents (we will, and do), but the big picture MUST remain at the forefront of understanding. If we lose track of the big picture, the weeds are overwhelming.

…“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones.”

~ Niccolò Machiavelli

♦POTUS Trump was disrupting the global order of things in order to protect and preserve the shrinking interests of the U.S. He was fighting, almost single-handed, at the threshold of the abyss. Our interests, our position, is zero-sum. His DC opposition seeks to repel and retain the status-quo. They want to return to full economic control over the U.S.

In these economic endeavors President Trump was disrupting decades of financial schemes established to use the U.S. as a host for their endeavors. President Trump was confronting multinational corporations and the global constructs of economic systems that were put in place to the detriment of the host (USA) ie YOU. There are trillions at stake; it is all about the economics; everything else is chaff and countermeasures.

Familiar faces, perhaps faces you previously thought were decent, are now revealing their alignment with larger entities that are our abusers. In an effort to awaken the victim to the cycle of self-destructive codependent behavior, allow me to cue an audio visual example from March 2018 and U.S. Senator John Thune. WATCH:

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For well over a decade CTH has battled the outlook of the intellectual conservatives who pontificate from high-brow perches in/around their beltway interests. Indeed, the fallacy of their outlook is entirely why CTH exists as a gathering place for common sense, actual truth and discovery of political purposes, cutting through the guise of ‘The UniParty’.

That said, this tweet is representative of their current NRO-minded status:

Allow me to retort… from the common sense perspective.

The Biden campaign has not hidden their goals and aspirations. These are not stupid people.  They are scheming, conniving, ever-planning, ever-manipulating & Machiavellian members within the political system, lusting for power, influence and cocktail party affluence.

The Biden “agenda” per se’, has nothing whatsoever to do with a legislative roadmap. Their larger objective is to use the power of the executive to rule over the proles by working around the commonly known “representatives” of government.  If you doubt that approach remind yourself that 2009 Obamacare was opposed by 76% of the electorate.

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The ISM manufacturing survey was released today showing exceptional economic news on the manufacturing front. New orders for manufactured goods jumped to their highest level in 17 years and were 3.4 percent higher than pre-pandemic levels. That data matches our earlier ground reports from across the nation.

The manufacturing sector inventories are low, that means this cycle of replenishment will continue for some time. Orders for customer goods continues to drive expansion, investment and operational increases in productivity.  That customer demand drives the need for increased hiring in manufacturing…. that demand drives wages… and so the middle-class is again on track for a fantastic rebound.  That’s MAGAnomics.

WASHINGTON (Reuters) – U.S. manufacturing activity accelerated more than expected in October, with new orders jumping to their highest level in nearly 17 years amid a shift in spending toward goods like motor vehicles and food as the COVID-19 pandemic drags on.

However, the media once again cannot bring themselves to cheer on a stunning economic recovery. Instead take a look at how Reuters frames their narrative:

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As most CTH readers are aware Peter Navarro is one person in a small group of of five close advisors on all things related to trade and President Trump’s America First economic policy. [Ross, Lighthizer, Mnuchin, Navarro and Kudlow]

In this episode of American Thought Leaders Jan Jekielek sits down with Peter Navarro, Assistant to President Trump and Director of the Office of Trade and Manufacturing Policy. The primary topic is the U.S-China conflict and by extension the ramification of Joe Biden being compromised by the Chinese Communist Party.

Because Peter Navarro deals with the White House strategy against the Chinese dragon, the national security threat within the Biden compromise is particularly unnerving.

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Earlier today those behind the Biden campaign dropped all pretense, openly having their candidate state publicly his intention to control the lives of all Americans using the authority of a weaponized federal government to advance national COVID-19 regulations.

As you watch this video from Biden’s campaign today it is important to remember state government officials have already moved to define “essential businesses” and “essential workers” during the forced shut-downs.  That is going to become a bigger issue downstream; however, for now just watch closely what Joe Biden is saying here:

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The Dept of Transportation would be the agency enforcing a national interstate transit mask requirement. However, don’t focus on the DoT part of what he is saying… that’s only one creek… Instead focus on the downstream use of all federal regulatory agencies and how they align within a Federal COVID compliance network… that’s the river.

Think about the Dept of Agriculture, the Dept. of Labor, the Dept of Education, the Occupational Health and Safety Administration (OSHA) and how they would join with the DoT to create the aggregate raging river of regulation.

Here’s what I mean:

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Amid the latest evidence that Hunter and Joe Biden are selling their ability to influence U.S. institutions to the benefit of foreign governments, I have received numerous requests to once again explain what those foreign interests are purchasing.

Understanding the purchase requires understanding the term “exfiltration” of wealth.  To understand the purchasing system, it becomes necessary to understand the underlying financial & economic constructs; the cornerstone of U.S. wealth. We begin…

President Trump is disrupting decades of multinational financial interests who use the U.S. as a host for their ideological & economic objectives. President Trump is confronting multinational corporations and the global constructs of economic systems that were put in place, by DC politicians and billionaire elites, to the detriment of the USA; ie. YOU.

There are trillions at stake.  All else is chaff and countermeasures.

We are already familiar how China, Mexico and ASEAN nations export our raw materials (ore, coking coal, rare earth minerals etc.). The raw materials are used to manufacture goods overseas, the cheap durable goods are then shipped back into the U.S. for purchase.

It is within this decades-long process where we lost the manufacturing base, and the multinational economic planners (World Trade Organization) put us on a path to being a “service driven” economy.

The road to a “service-driven economy” is paved with a great disparity between financial classes. The wealth gap is directly related to the inability of the middle-class to thrive.

Elite financial interests, including those within Washington DC, gain wealth and power, the U.S. workforce is reduced to servitude, “service”, of their affluent needs.

The destruction of the U.S. industrial and manufacturing base is EXACTLY WHY the wealth gap has exploded in the past 30 years.

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The ADP private sector payroll report [link here] reflects continued rapid recovery from the regional COVID-19 shutdowns. The monthly report shows gains of 749,000 jobs, exceeding the expected 650,000 forecast.

One of the key factors is the expiration of the disincentive via the federal COVID unemployment mechanism that provided an additional $600/month beyond normal earnings in the unemployment package. This has been a topic of many coversations in my travels as working-class businesses have been having a hard time getting people to return to work.  (more on that below)

(Reuters) Private payrolls increased by 749,000 jobs this month after rising 481,000 in August, the ADP National Employment Report showed. Economists polled by Reuters had forecast private payrolls would rise by 650,000 in September. Employment gains were spread across all industries and company size.

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When Commerce Secretary Wilbur Ross appears… PAY ATTENTION.  In this interview Secretary Ross outlines an announcement today [LINK HERE] about the U.S. will block Chinese owned WeChat, and additional security measures against TikTok.

COMMERCE – […] While the threats posed by WeChat and TikTok are not identical, they are similar. Each collects vast swaths of data from users, including network activity, location data, and browsing and search histories. Each is an active participant in China’s civil-military fusion and is subject to mandatory cooperation with the intelligence services of the CCP. This combination results in the use of WeChat and TikTok creating unacceptable risks to our national security. (more)

Additionally, Secretary Ross discusses sector-specific relief for the airline industry and U.S. farmers. On the farmer side we should all remember any confrontation with Beijing could lead to China pulling back from purchase agreements. China cannot feed itself and is dependent on imported food products, so the scale of any pull-back is not known.

DETAILS – In response to President Trump’s Executive Orders signed August 6, 2020, the Department of Commerce (Commerce) today announced prohibitions on transactions relating to mobile applications (apps) WeChat and TikTok to safeguard the national security of the United States.

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