Reposting part of a previous outline by request.  The repost is requested as an outcome of the latest wage rate news within the February labor report.  The wage rate increase is not being highlighted, and in some reports downplayed, by media.   However, the measurable matrices inside the space between two economic engines is responding according to prior outline on the new economic dimension.

First the recap of the day’s news on labor rates:

WASHINGTON DC – With the labor market near full employment, wage growth could speed up as companies are forced to raise compensation to retain employees and attract skilled workers. A proxy for take-home pay rose a solid 0.5 percent in February.

The annual wage increase is close to the 3 percent to 3.5 percent range that economists say is needed to lift inflation to the Fed’s 2 percent target. Inflation is already firming, in part as commodity prices rise.

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In the latest Bloomberg News report on the labor market, Bloomberg buried the lede:

[…]  Goods-producing industries, which include mining, construction and manufacturing, added 95,000 jobs in February, the most since 2000.

This is critical for many reasons.  However, before going further, again we must remind everyone about the Magic Wand. WATCH:

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What many people do not realize is the scope of four decades of lies being sold by politicians and political operatives, who are espousing the sales pitch of globalists, and who constructed the second (Wall Street) corporate paper economy around the premise of off-shoring manufacturing and industrial jobs.
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Our President Trump met with the CEO’s of various small and community banks earlier today as part of the financial reform that underpins much of the overall Trump economic agenda.
Previously President Trump issued an executive order which modified, actually tiered, the choking rules, regulations and compliance reporting within Dodd-Frank banking rules which buried smaller locally operated banks with the same regulatory framework as massive financial institutions.
The next aspect of Trump’s financial reform will most likely come in some form of reinstatement of the Glass-Steagall Act. President Trump personally put the reinstatement of Glass-Steagall into the GOP platform as part of uncoupling Wall Street financial policy from Main Street financial needs. [More explanation on that below]

[Transcript] 11:17 A.M. EST – THE PRESIDENT: Thank you, everybody, very much. Good morning and I greatly appreciate you being here. We have some real experts with us and we have some great bankers with us.
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Oh, this guy is too good at this stuff.  Lots of love for Wilbur the Wolverine.
Commerce Secretary Wilbur Ross hints at a strategy for NAFTA renegotiation with Mexico that completely annihilates any leftist opposition, and simultaneously drops the greatest humanitarian narrative right in the lap of the globalists.  Make Mexico raise their minimum wage.

Currently the minimum wage in Mexico is 80 pesos per day. Around $4 per day, and the length of the workday is up to the hiring company.  The minimum wage in the U.S. for an eight hour day is $58 ($7.90/hr  x 8).  Additionally, almost no-one in the U.S. makes minimum wage, and almost everyone in Mexico makes minimum wage.
Here comes Wilbur the magnanimous and says: Lets Make Mexico Great, by adding in a requirement that Mexico raises their minimum wage to say, oh, $800 pesos per day ($40) as part of our NAFTA renegotiation.
Liberal heads explode in the U.S. and Mexican minister heads explode in Mexico.  Wha… huh.. wait… Oh snap.  How can they argue against him?
Jorge’ Ramos eyes spontaneously expand as big as saucers.  (more…)

Treasury Secretary Steven Mnuchin gives Fox Business News’ Neil Cavuto an interview to discuss President Trump’s timeline for the ObamaCare repeal, budget and tax reform.
The interview is interesting because Secretary Mnuchin outlines the speed of action anticipated with the implementation of the Trump ‘America First’ agenda.  This ain’t the traditional political pace that people are used to; this is Trump speed – Trump work ethic.
Remember, the key aspects to Trump’s agenda revolve around three congressional deliverables:  •Budget, •ObamaCare Repeal/Replace and •Tax Reform.  With those three key legislative elements in place many of the remaining policy initiatives are security and enforcement actions which are already within the authority of the White House.

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This interview, containing a very optimistic outlook, is what sent the stock market soaring today.
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First they ignore you, then they laugh at you, then they fight you, then you win. ~ Gandhi

Walking in a Winner Wonderland – WATCH:

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…“and we will win, and you will win, and we will keep on winning, and eventually you will say we can’t take all of this winning, …please Mr. Trump …and I will say, NO, we will win, and we will keep on winning” !…

~ Donald J Trump

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This is a Sunday discussion that’s more important than the traditional Sunday “blather”.  Treasury Secretary Steve Mnuchin appears on Sunday Morning Futures with Maria Bartriomo to discuss President Trump economics.
Rejoice all ye econ and political geeks. Massive amounts of wholesome insight within the interview as Secretary Mnuchin discusses the budget, budgetary priorities, and yes, budgetary “goals” to include entitlement priority retention.   Mnuchin also discusses regulatory reform, financial reform the federal reserve.

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Just like General Kelly (DHS), General Mattis (DoD) and T-Rex (DoS), Steve Mnuchin at treasury is exactly the right guy for this intensely consequential moment in time.  I shall frame the first $1 bill I discover with his signature.
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No single aspect to the President Trump policy agenda will more specifically, and consequentially, impact the swamp draining process than the creation of a prioritized federal budget.
The last federal budget was signed into law in September 2007 (for fiscal year 2008) by President George W. Bush.  As a strategic political maneuver, since ’08 every aspect of federal spending has been by the vehicles of baseline budgeting, continuing resolution, omnibus spending bills and raises in the debt ceiling.  Our nation has been through almost a decade without a federal budget.

In December of 2015 Speaker of the House Paul Ryan and a republican controlled congress eliminated the debt ceiling in a massive $2+ trillion Omnibus spending bill that carried and authorized federal spending through to April 1st of this year.
Fiscally, their decision highlighted how the DC UniParty operate.  The 2015 decision by Ryan/McConnell was the final sunlight needed to prove beyond any question that Republicans never held any intention to reduce the size, scope and reach of government.
President Donald Trump has appointed, and the Senate has confirmed, Mick Mulvaney as OMB Director.  The Office of Management and Budget actually creates the White House budget proposal based on the policy and instruction of the President.
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Having confronted these Decepticons within the GOPe wing of the UniParty for a decade, ultimately their actions become predictable.

It is the same cloistered crew, in the same Corinthian Chairs, around the same table of deceit, behind the same mahogany doors that holds the key to the coin… every time.
Not usually, not most of the time, not often  – E.V.E.R.Y.T.I.M.E.
WASHINGTON DC – Sen. John McCain (R-Ariz.) announced Wednesday that he will not support Rep. Mick Mulvaney’s (R-S.C.) nomination to lead the Office of Management and Budget.

“Under most circumstances, I always give the benefit of the doubt to the incoming president … so it is with great reluctance that I came to the floor of the Senate to rise in opposition to the nomination of Mick Mulvaney,” McCain said.

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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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