“Better to write for yourself and have no public, than to write for the public and have no self.”- Cyril Connolly (1903 - 1974)

No Russia – No Racism – So Now The Economy Is Failing

By de Andréa

Opinion Editorialist for

‘THE BOTTOM LINE’

Posted August 21, 2019

If you would like to write me direct with a question or a comment on this or other articles, you can email me at writedeandrea@hotmail.com

The Communist Media failed at the false Russian collusion and they are failing at the false racist accusations, so now they want you to believe that there is a recession. They know it’s the only way they can win.

There is an intense drive on the part of the Democrat Communist Congress and the U.S. creative media to convince the public that a recession is in our near future. While there are always indications both positive and negative for the economic forecast, there are of course political motivations for those emphasizing a possible downturn in our economy. I think it’s the only arrow in their quiver that they have left.

Kimberly Amadeo, writing in The Balance, reports that, “The US is healthy according to the key economic indicators…There isn’t too much inflation or deflation. That’s a Goldilocks economy.”

Unemployment is at near-record lows. Unemployment for African Americans is at the lowest in history. And for the first time in 40 years the growth in jobs in industries such as manufacturing have been astounding.

As noted in Forbes, in the final 26 months of Obama’s presidency, manufacturing employment increased barely 0.8%. In President Trump’s first 26 months, it grew 3.9% -- that's 399% more jobs than Obama’s record high.

In another area, mining, even labor leaders have praised Trump for his success. In an interview with The Hill Cecil Roberts, president of the United Mine Workers of America, it was noted that “According to a 2018 report by the Bureau of Labor Statistics, an estimated 2,000 new coal jobs were created during Trump’s first year in office” and the once nose-diving labor picture there has finally stabilized.”

The economy is considered to be in the best condition than in the past three decades.

The significant threat to the economy from China’s greedy policies of restricted access to its markets, intellectual property theft, dumping and other practices long ignored by Washington, is for the first time in 50 years being addressed by the White House. While this could result in some substantive temporary issues, the long-term result will be a significant boost for the U.S. economy. Past presidents didn’t have the guts to do it.

Stephen Moore stated in a Heritage Foundation/Washington Times study that “Beijing’s abusive trade practices and theft of U.S. intellectual property ($300 billion stolen per year), are intolerable..."

His analysis explains that:

“The United States is simply a better place to invest in today than it was two years ago. If/when Mr. Trump prevails and gets the concessions from China, the market upside is gigantic and that’s what isn’t being discounted into the market today. There’s an old saying that Wall Street economists have predicted eight of the last two recessions. The bears in the economics profession keep getting paid a lot of money misreading the nation’s economic weather. […] The boom began on Nov. 8, 2016, not in 2009. The recovery was anemic in the Obama years.”

A hate America media continues to overemphasize negative indicators. It’s more than just poor journalism, it’s flat out lies. The type of fear generated by this fictitious reporting can lead to a lack of confidence that actually could spur a recession. This is of course is what they are hoping for. In an analysis for the Federal Reserve, David S. Miller warns, “It’s hard to predict recessions. We haven’t had many, and we don’t fully understand the causes of the ones we’ve had. Nevertheless, we persist in trying.”

Well I have my own theory about recessions. They are caused by the Federal Reserve. They are the only one that benefit from them.

As Joseph Valle reported in Newsbusters that the leftist media hyped recession fears every single day in June and July.

“… At least one journalist openly sided with left-wing comedian Bill Maher who wants a recession to get rid of President Donald Trump. NBC’s Richard Engel chimed in “Short-term pain might be better…after Maher said ‘I really do’ want a recession on HBO’s Real Time with Bill Maher Aug. 9.

"A recession is generally considered two quarters or more of negative economic growth. That hasn’t stopped the media from pushing “dark clouds” and the likelihood of a recession coming soon, possibly even before the 2020 election. That could have serious consequences if economist Mohamed El-Erian was correct when he warned “we’ve got to be careful because we can talk ourselves into a recession.”

THE BOTTOM LINE: But that is exactly the point, isn’t it???

Think about it…

Thanks for listening my friend. Now go do the right thing, pray and fight for truth and freedom.

- de Andréa

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The Bottom Line

Wednesday, August 21, 2019