This is clear evidence of economic troubles. https://www.theburningplatform.com/2017/02/28/target-plunges-12-after-missing-lowest-eps-estimate-slashing-outlook/
If this proves true then it is a dire prediction for everyone. https://jonrappoport.wordpress.com/2017/02/23/globalist-corporations-are-blind-in-the-face-of-doom/
Amazing the venom coming out of the mouths of uninformed radicals who think they are the worlds most important citizen. https://www.theburningplatform.com/2017/02/15/this-is-our-enemy-and-she-wants-you-to-die/
This item deals with
Trump's business friendly impacts on the national and world
economies. Democrats can demagogue but facts are facts and the facts
are sounding awfully good. http://www.wealthauthority.com/articles/risk-reduction-of-mice-and-markets/
This is a good lesson in economics. https://fee.org/articles/which-country-punishes-productive-people-the-most/
This is an important
assessment. Paul Craig Roberts, former Assistant Secretary of the
Treasury, says that Trump is dismantling the fascist
corporate/government partnerships that have been cropping up with trade
deals such as NAFTA. His question is how long will power brokers in big
corporations go along with this erosion of their power. Quote: "Because
of the globalist propaganda, Americans have forgotten that the strength
of their economy was domestically-based. The development of the US
economy was never based on foreign trade. It rested firmly in the rise
of consumer spending power from America labor receiving the bulk of the
productivity gains. What jobs offshoring did was to transfer the income gains from productivity to corporate profits by underpaying Asian labor. It
was easy to pay Asian labor less than labor’s contribution to profit,
because of the immense excess supply of Chinese, Indian, Indonesian, and
other labor. When labor is plentiful and jobs are scarce, labor goes
begging. Even
today the Chinese and Indian labor forces are under-employed. The only
way American labor can compete is to accept a wage below the US standard
of living. Trump understands this, just as did Ross Perot and Pat Buchanan. Ross Perot was a billionaire; yet he stood up for ordinary working Americans. Yet, the left says all billionaires are evil. " http://kingworldnews.com/paul-craig-roberts-terrifying-warning-timely-message/
This item reinforces previous ones. http://www.libertyplanet.com/articles/the-u-s-national-debt-is-now-20-trillion/
And this was Obama's 2016 gift to America - a net loss of 1 trillion
dollars. That is a burden he knowingly and willingly placed on the
backs of American taxpayers. https://www.theburningplatform.com/2017/02/07/us-governments-2016-net-loss-more-than-doubled-to-1-trillion/#more-142732
Problems with the banking
industry is a major issue Trump must take on. This item discusses that
matter. Quote: "Enter Donald Trump. Before we jump down this rabbit
hole, keep this disclaimer in mind: it is too early to say exactly how
Trump’s policy will manifest. It still has to get through Congress, so
the details have to be considered as fluid. The major point of the
plan, though, is to reduce the cost of regulation for small and
mid-sized banks. It’s important to note that the goal is not to
eliminate the regulation. Trump simply wants to minimize how much banks
are being charged for their own oversight." http://www.wealthauthority.com/articles/trump-vs-obama-bank-policy/
Bernie Sanders does not have even a limited understanding of economics. Here is proof. http://patrioticviralnews.com/articles/the-real-bernie-sanders/
This is the socialist view held by Obama, Hillary, Bernie and a whole
lot of leftists. They have not learned the recent lesson that the
collapse of Venezuela should have taught them.
What about Social Security. https://www.theburningplatform.com/2017/02/21/can-americans-really-depend-on-social-security/#more-143793
Doug Casey explains the debt dilemma. https://www.theburningplatform.com/2017/02/12/doug-casey-on-why-debt-is-not-money/
A lesson on inflation. https://www.theburningplatform.com/2017/02/12/gas-doesnt-cost-more-our-dollars-are-worth-less/#more-143092
Marc Faber says now is the
time to get into gold and silver. I am not recommending any investment
sources, just sharing thoughts from someone who has a good record of
investment forecasts. https://www.theburningplatform.com/2017/01/25/stocks-and-dollar-overpriced-buy-gold-and-silver-says-marc-faber/
Obama's labor rules and
regulations did much harm to our economy. Here are some facts.
Quote: "During the eight years of the Obama administration, the DOL
imposed $55.7 billion in total finalized regulatory costs and added nearly $70 million in paperwork burden hours,
according to Regulation Rodeo, a project of the American Action Forum.
There is a lot of work to do in order to reverse the overreach and
overregulation at the Department of Labor. But there is hope.
President-elect Donald Trump has nominated Andrew Puzder, CEO of CKE
Restaurants, who understands what causes job creation—pro-market policies—and what doesn’t—heavy-handed government mandates." https://fee.org/articles/obamas-labor-legacy-overreach-and-overregulation/
More bad news as a consequence of the $15 minimum wage. http://www.wealthauthority.com/articles/revisiting-15-minimum-wage-does-it-work/
Liberals seem not understand basic economics as illustrated by their
belief that establishing arbitrary wage rates independent of business
operational costs is irrational on its face. There are consequences.
Read this. https://fee.org/articles/the-minimum-wage-is-sickening-literally/
Here is an assessment of the impact the left's love of the minimum wage will have on jobs. http://freebeacon.com/culture/slate-problem-powerful-women/?utm_source=Freedom+Mail&utm_campaign=d49e800086-EMAIL_CAMPAIGN_2017_02_06&utm_medium=email&utm_term=0_b5e6e0e9ea-d49e800086-45930049
This economist offers the reason why Obama's economic recovery never happened. http://www.wealthauthority.com/articles/trump-vs-obama-confidence/
More evidence that Obama economic policies were a total failure. He is
the only president who never had a year of 3% GDP growth. https://www.theburningplatform.com/2017/01/27/barack-obama-is-now-the-only-president-in-history-to-never-have-a-year-of-3-gdp-growth/
Many people support both the notion of a minimum wage and/or a living wage. They fail to understand both economics and human behavior. Take a look at this piece to gain insight into this issue. Quote: ""In short, what the living wage is really about is not living standards, or even economics, but morality. Its advocates are basically opposed to the idea that wages are a market price - determined by supply and demand, the same as the price of apples or coal." Minimum- and living-wage proponents also support equal pay for men and women. By doing so they make inconsistent arguments. On the one hand, employers are so cheap and greedy that they would pay virtually nothing for labor if the government did not force their hand. On the other hand, the same greedy employers are happily overpaying men who, according to the equal-wage activists, are being paid more than women for doing the exact same work. Why a greedy employer would both underpay and overpay at the same time is never explained. What does this tell you?" https://spectator.org/people-are-fleeing-liberal-strongholds-why/
Government is truly the enemy of small businesses (including small family farms). They lose out to big businesses with both their massive funding resources and their lobbying influence over lifetime politicians. Its called crony capitalism which is a far cry from free and open competitive capitalism. https://fee.org/articles/how-red-tape-can-be-a-death-sentence-for-small-businesses/ Read this to learn first hand the consequences of most foolish government oppressive regulations that benefit a few and screw the many. https://fee.org/articles/overregulation-kills-beloved-neighborhood-restaurant/
George Burns
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