National Economic Council Director Larry Kudlow discusses the outlook for U.S. economic growth, the jobs market, training and vocational initiatives and the expansion of benefits and wages for blue-collar workers.
Interior Secretary Ryan Zinke discusses one of the epicenter issues surrounding U.S. economic growth and the importance of energy independence. Secretary Zinke discusses the objective within reaching a production output of 14 million barrels per day of U.S. Oil and natural gas by 2020.
Energy independence is one of the specific examples of creating another economic pie, as opposed to trying to carve up and distribute existing ones. Energy is one of our biggest and underappreciated assets. Think about how GDP growth expands when the economy adds an entire export sector that was previously non-existent.
Secretary of the Interior Ryan Zinke is joined by Southern Ute Indian Tribe Councilman Adam Red to discuss boosting U.S. oil production, drilling on the Ute Indian Tribe’s land, deregulation and reforming regulations such as the Endangered Species Act.
Small Business Administrator Linda McMahon and small business owner Mike Kovach on small business optimism, workforce initiatives around vocational training, the skills gap and massive job opportunity, along with the Trump administration’s deregulation push.
With the economy expanding, many people have asked about the White House initiatives to tackle the debt and deficit. Today the White House was fully engaged on that very topic.
Office of Management and Budget Director Mick Mulvaney discusses spending and deficits with Stuart Varney.
Earlier today President Donald Trump welcomed a group of American workers into the Oval Office for a discussion of removing “red tape” and barriers to economic expansion.
You might remember back in May 2018 when sketchy porn lawyer Michael Avenetti was releasing U.S. Treasury notifications on Michael Cohen received from an unknown source within the Treasury Department [See Here]. You might also remember when New Yorker’s Ronan Farrow wrote a sympathetic article after talking to the leaking treasury official [See Here]. As a result the Treasury Inspector General began an investigation.
Today, a U.S. Treasury employee named Natalie Mayflower Sours-Edwards was arrested and charged with leaking to numerous reporters multiple financial reports about suspicious financial transactions related to: Paul Manafort, Richard Gates, Maria Butina, and others. [DOJ Notification HERE]
EDWARDS, 40, of Quinton, Virginia, is charged with one count of unauthorized disclosures of suspicious activity reports and one count of conspiracy to make unauthorized disclosures of suspicious activity reports, both of which carry a maximum sentence of five years in prison.
For more than three decades all U.S. economic policy was elevating Wall Street and diminishing Main Street. As a result the middle America blue-collar workers have not had wage gains keeping up with inflation for over 30 years… Then came the era of Trump.
MAGAnomic policy is based around a very simple free-market process. Increase domestic economic investment; expand new business and expansion in existing business; that expands the need for employment; drive those jobs, jobs, jobs and watch wages rise naturally as employers compete over an increasingly valuable labor pool.
Business Insider – The pharmacy-chain owner Walgreens Boots Alliance announced Thursday that it will make investments of about $150 million to boost mainly its in-store wages in fiscal 2019 in wake of President Donald Trump’s tax reforms.
[…] US retailers are scrambling to keep workers as they look for opportunities with higher pay and attractive benefits. The US unemployment rate fell to a 48-year low of 3.7% in September. According to the Bureau of Labour statistics, there were 757,000 retail-job openings across the United States in July, which is about 100,000 more than a year ago.
Everything is happening in a very predictable sequence. Few understand the MAGAnomic reset and what was predicted to happen in the space between disconnecting a Wall Street economic engine (globalism and multinationals) and restarting a Main Street economic engine (nationalism/America-First). In 2016 CTH explained where we would be today. With current Wall Street events, perhaps it is worthwhile remembering the CTH forecast.
President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; however, many have been visible for a long time – some even before the election victory in November ’16.
If we get too far in the weeds the larger picture is lost. CTH objective is to continue pointing focus toward the larger horizon, and then at specific inflection points to dive into the topic and explain how each moment is connected to the larger strategy.
Today we repost an earlier dive into how MAGAnomic policy interacts with multinational Wall Street, the stock market, the U.S. financial system and perhaps your personal financial value. Again, reference and source material is included at the end of the outline.
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Earlier today Secretary of State Mike Pompeo was at the White House to brief President Trump on his recent trip to North Korea and the discussions with Chairman Kim Jong-un.
Following the meeting with President Trump Secretary Pompeo delivers short remarks to the awaiting press pool.
National Economic Council Chairman Larry Kudlow appears on Sunday Morning to talk about the U.S.MCA agreement; the state of the economy; and the ongoing MAGAnomic efforts within restructured trade deals.
Ms. Maria Bartiromo knows the weeds, and is smart enough to see the new dimension within an economy as it moves away from Wall Street toward Main Street. Kudlow discusses the surfacing MAGAnomic evidence within wage growth and blue-collar benefits. The conversation then goes international. Good discussion.
The Koala even gets a little cross about China…