White House trade and manufacturing policy advisor Peter Navarro appears for an interview with Maria Bartiromo to discuss the strong data for jobs amid the effort to reopen all facets of the U.S. economy. Navarro highlights the recent visit to Maine where he accompanied President Trump to celebrate U.S. critical manufacturing.
Within the interview Navarro reminds the audience of the larger strategic confrontation against China that involves multiple geopolitical aspects to the U.S. economy.
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The media apoplexy over positive economic news is directly related to how much damage a positive economy does to the Antifa/BLM strategy to divide our nation through class warfare. A thriving Main Street economy is antithetical to the objective.
The media apoplexy over stunningly positive economic news is directly related to how much damage a positive economy does to the Antifa/BLM strategy to divide our nation through class warfare. A thriving Main Street economy is antithetical to the objective.
A thriving Main Street means an expanding U.S. middle-class. As the middle-class expands it becomes more difficult to organize outrage based on division.
Part of the reason why limo-liberal elites have been successful politicians through the years is the outcome of their economic policy inherently creates a wider gap between the haves and have-nots. This divide allows politicians to control apportioning.
Exploiting the gap, essentially exploiting class warfare as a political strategy, is the fuel that drives identity politics. Ergo all progressive economic policies, the offshoring of jobs; the policies that support Wall Street and globalism etc; are designed to weaken the U.S. middle-class while making rich people more affluent, and poor people more dependent.
The ruling elites deny this fundamental truth, but the rust-belt did not create itself. The erosion of the U.S. manufacturing base -and Main Street- was an outcome of policy. Republicans and Democrats participated in this process. Democrats claim, falsely, to be champions of the middle-class; but their narrative is refuted by the actual results of their policy. Both parties are deep in the pockets of Wall St multinationals.
Many people call for a third party in politics without realizing President Trump represents the first second party DC has seen in decades. That’s why he is opposed by both wings of the same legislative bird.
Through dependency the political elites begin their role to decide who gets what part of their limited and controlled economic pie. Economic intervention, supported by both wings, in the spending process is what has allowed political interests to retain control.
Crowds of enthusiastic supporters lined the streets cheering as President Trump traveled through Maine to arrive at Puritan Medical Products to deliver a speech thanking the industry and company for their efforts to produce vital medical equipment.
Workers at the event wore white T-shirts with a green logo on the back that read: “Saving The World One Swab At A Time,” as President Trump delivered his remarks. The theme remains “Transition to Greatness.” [Video Below – Transcript ADDED]
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[Transcript] – THE PRESIDENT: Thank you very much. Appreciate it. We had some crowd coming in. I don’t know, you have a lot of people up here. A lot more than people think. And they’re great people, and they like Trump — that, I can tell you.
No, we had — (applause) — we had a lot of people. We got off Air Force One, and we came, and the roads were packed. Five deep; ten deep, in some cases. I have to be very careful because I have the fake news back. They’ll say, “It was only two deep.” (Laughter.) “There were some areas where it was only one deep.” And they’ll end up putting me on the front page.
Earlier today President Trump and trade advisor Peter Navarro traveled to Bangor, Maine to participate in a roundtable discussion on supporting America’s commercial fishermen. During the visit the president signed a proclamation modifying the Northeast Canyons and Seamounts Marine National Monument.
Participating in the roundtable were: Paul LePage, Former Governor of Maine; Terry Alexander, Owner, Jordan Lynn Inc.; Jim Odlin, Member of Board of Directors, Blue Harvest Fisheries; Frank O’Hara Jr., President, O’Hara Corporation; Kristan Porter, President, Maine Lobstermen’s Association; Maggie Raymond, Executive Director, Associated Fisheries of Maine; Mary Beth Tooley, Former Council Member, New England Fishery Management Council and Jon Williams, Owner, Atlantic Red Crab Company
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Background – On September 15, 2016, the Obama Administration designated the first and only national marine monument in the Atlantic Ocean, the Northeast Canyons and Seamounts Marine National Monument, using authority under the Antiquities Act of 1906.
This action abruptly ended commercial fishing within its boundaries, limiting economic prosperity for this crucial industry in the northeast. President Trump’s proclamation amends that economic restriction, reauthorizes commercial fishing, but will not alter the boundaries of the Northeast Canyons and Seamounts Marine National Monument.
Economic analysts had forecast another month of job losses around 9 million; however, the ADP payroll report shows a much better result with 2.76 million jobs lost in May. The surprising difference between expectations and results is giving increased hope a quicker rebound may be possible.
The ADP results were so much better than expected that White House economic advisor Kevin Hassett said he has to check the data twice. The data was released while Hassett was in the middle of an interview with Maria Bartiromo on Fox Business.
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The key is getting rid of these nonsensical shut-down rules. As the lack of social distancing concern amid the protests has shown, the shut-down fears, rules and regulations are over-hyped and baseless. However, the blue state governors continue to fight economic re-engagement as they look to maximize negative economic impact for political gains.
Our old friend Ben ‘objectib ebidense’ Crump, the defense lawyer for the Floyd family, appears on Face the Nation with Margaret Brennan to discuss the deaf of George Floyd. It’s been a while…. Ben does what Ben does, and factually he’s a goofy cat doing the best he can on behalf of his client.
“Officer” (in quotes deliberately) Derek Chauvin did kill George Floyd; that’s not the issue. The issue driving the media narrative surrounds why “Officer” Derek killed George. Toward the end of the interview Brennan asked Crump about Derek and George knowing each-other. Ben’s response, specifically how he phrases the admission, is what’s worth watching.
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Hi Ben. Good to see you again. Oh, and you’re right, nothing makes sense.
By now Ben is discovering that everything around El Nuevo Rodeo, the Mexican Cantina and Dance Club where George and Derek worked, is sketchy. Likely Ben and Daryl Parks (Parks & Crump Esq.) have realized it’s better to focus their financial strategy toward reparations from the city of Minneapolis because this incident hits on something even Crump doesn’t want to touch.
Earlier today President Donald Trump led a roundtable discussion with industry leaders on reopening the American economy. President Trump noted his administration built the greatest economy in American history before COVID-19 and is already at work on the “transition to greatness” to restore well-paying jobs and prosperity to all Americans.
Participating in the discussion with President Trump is: Larry Kudlow, Director of the National Economic Counsel; Ambassador Debbie Birx, M.D., White House Coronavirus Response Coordinator; Kevin Hassett, Senior Economic Advisor to the president; Tim Pataki, Deputy Assistant to the President and Director of the Office of Public Liaison; Treasury Secretary Steven Mnuchin and Labor Secretary Eugene Scalia.
External participants: Geoff Ballotti, President and CEO, Wyndham Hotels & Resorts; Brian Goldner, Chairman of the Board and CEO, Hasbro; David Hoffmann, CEO, Dunkin’ Brands; Gary Kelly, Chairman of the Board and CEO, Southwest; Rodney McMullen, Chairman and CEO, Kroger; Oscar Munoz, Executive Chairman, United; Brad Smith, President, Microsoft and Sonia Syngal, CEO, Gap Inc.
Commerce Secretary Wilbur Ross contrasts the importance of the latest U.S. SpaceX launch in an era when China is increasingly expressing communist control over Hong Kong. Within the interview Secretary Ross outlines the likelihood of an economic response toward Beijing to countermand aggressive geopolitical ambitions.
Shifting high-tech industrial manufacturing away from China, back to the United States, is an important component in the strategic U.S. economic approach.
White House Trade and Manufacturing Advisor Peter Navarro has a good discussion with Martha MacCallum about the economy, White House economic policy and the focus in the aftermath of the COVID crisis to reemphasize an industrial resurgence in the U.S.
As Navarro outlines the focus of the administration policy is on Main Street and driving the main street economy that overwhelmingly benefits middle-class workers.
That said, when questioned about President Trump’s recent tone toward China, Navarro hints toward what many expect… President Trump is going to deliver a very deliberate, very strategic, very focused and very painful economic blow to Beijing. WATCH:
White House economic adviser Larry Kudlow weighs in on reopening of U.S. economy in a post-pandemic country. White the second quarter economic data has more bad news yet to be assembled and reported, the U.S. economy, workers and consumers are poised to make a Great American Recovery.
The U.S. stock market is looking forward and climbing in response to the economic reopening; while -as expected- many blue state governors are intentionally attempting to hold back their economies and planning for a federal bailout to cover their revenue shortfalls. Remove the possibility for a bailout and those governors will be forced to join the reopening.