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Steve Rattner “served as lead adviser to the Presidential Task Force on the Auto Industry in 2009 for the Obama administration.” This morning, the racist NYTimes published Rattner’s op-ed, which is simply a continuation of President Obama’s attempt to lie about the success of President Obama’s economic policies.

In President Obama’s attempt to spin his policies, he’s either forced to lying outright or he’s too unwilling to admit that his policies failed. Prior to serving in the Obama administration, Rattner “was a managing principal of the Quadrangle Group, a private equity investment firm that specialized in the media and communications industries. Prior to co-founding Quadrangle, he was an investment banker at Lehman Brothers, Morgan Stanley, and Lazard Freres & Co., where he rose to deputy chairman and deputy chief executive officer.” But I digress.

In his op-ed, Rattner wrote that “For the second consecutive Friday, the Trump administration had an opportunity to point to fresh data that supposedly demonstrates the strong boost the president’s policies have given to the nation’s economy. Last week, news that the gross domestic product expanded at a 4.1 percent rate in the second quarter occasioned a presidential appearance on the south lawn of the White House. Friday’s announcement that 157,000 new jobs were added in July was marked more modestly, with a statement from the White House.”

Let’s be clear about something. There’s no disputing the fact that the economy is stronger than it was during the Obama administration. The energy sector is booming. Manufacturing is the strongest it’s been in a generation. Unemployment in minority communities is the lowest it’s been in history. Literally trillions of dollars are flooding into the United States now that the Obama tax disaster has been repealed and replaced with the Trump/GOP tax cuts. Business investments are increasing nicely.

Yes, the economy is continuing to expand nicely, which all Americans should celebrate. But no, there’s nothing remarkable in the overall results since Mr. Trump took office. Most importantly, there is little evidence that the president’s policies have meaningfully improved the fortunes of those “forgotten” Americans who elected him.

Nancy Pelosi called the tax cuts “crumbs.”

This is Rattner’s more elegant way of saying that the Trump economy is delivering crumbs to the American people. Tell that to these people:

According to the workers at Granite City Works, President Trump’s policies aren’t just providing jobs after the plant was idled on President Obama’s watch. It’s that those workers said that Granite City, IL is getting rebuilt one neighborhood, one family at a time.

Yes, Mr. Rattner, there were far too many people forgotten by President Obama’s policies. If you weren’t part of the well-connected crowd, you didn’t share in the prosperity. If you didn’t work in one of the industries that President Obama picked as a winner, you were in tough shape. Those forgotten workers aren’t forgotten anymore.

The dishonesty of people like Mr. Rattner and other Obama administration spinmeisters is disgusting. President Obama himself said that he planned on shutting down the coal industry. President Obama said that tons of jobs weren’t coming back. He’s right in once sense. Those jobs wouldn’t have come back with his disastrous tax and regulatory policies. Now that those policies have been replaced by pro-growth economic policies, things have gotten consistently better.

As a result, consumer confidence is sky-high and the economy is robust again. How do I know? I know by the amount of traffic on the highways heading out on vacation. This Friday, the traffic on Highway 10 (at 11:00 am, I might add) was bumper-to-bumper. I never saw that during the Obama administration.

That’s because people have money in their pockets to spend again. The behavior of the American people is dramatically different. That’s reflected in the consumer confidence numbers.

No amount of Obama administration spin will change that.

Let’s be blunt about something. Bob Casey is a lightweight compared to his dad. Tonight, President Trump held a well-attended rally for Lou Barletta in Wilkes-Barre, PA. After the rally, Sen. Casey published this tweet, saying “Tonight my opponent asked for your support so that he can help President Trump. Not so he can help working families or seniors or students. Just so he can help the President advance his divisive corporate agenda. That’s not the job of the Senator from Pennsylvania.”

During the rally, President Trump rattled off some of the things that Sen. Casey fought against. For instance, Sen. Casey voted against a) the Trump/GOP tax cuts, b) confirming Justice Neil Gorsuch and c) repealing all of the anti-mining regulations that President Obama imposed on coal mines. Further, he’s planning on voting against Judge Kavanaugh without bothering to meet with him. Finally, President Trump mentioned that Sen. Casey voted for the ACA and voted against repealing the ACA.

Call me crazy but I think Sen. Casey has cast tons of votes that aren’t in the interest of Pennsylvanians. I’d also highlight the fact that he’s been virtually invisible most, if not all, of his political life. He votes the way Harry Reid, Chuck Schumer and President Obama tell him to vote.

In other words, he’s the furthest thing from a moderate this side of Bernie Sanders.

In an interview with Stuart Varney, Barletta talked about ‘Trump Democrats’:

The truth is that this race could tighten significantly. If I was managing Sen. Casey’s campaign, I’d be worried. President Trump spent a significant amount of time highlighting Sen. Casey’s lackluster career, including his voting record on removing anti-mining regulations. That’s a potential weakness for Sen. Casey.

This LTE criticizes Sen. Schumer’s ‘forgetfulness’. That’s noteworthy but it isn’t the most distressing news for Democrats. The most distressing news is that it was written by a Democrat.

It opens by saying “Sen. Chuck Schumer’s plea for financial support from Democratic New York State Assemblyman Dov Hikind may have answered a question recently proposed by both Schumer and the Watch commentator Allison Perry. Allison challenged any supporter of President Trump to provide information “as to any way in which Donald Trump has improved your lives or this country.” And Schumer, in asking for contributions, got an earful.”

A couple paragraphs later, the LTE said “You forgot to tell us about unemployment, which is lower than it has been in decades, while economic confidence is at a 17-year high. It’s also at a record low for minorities. That’s very good news, Senator. You forgot to tell us how the U.S. is beginning to emerge in energy dominance. The Department of Interior, which has led the way in cutting regulations, opened plans to lease 77 million acres in the Gulf of Mexico for oil and gas drilling, decreasing our reliance on foreign oil. That’s very good news, Senator.”

Read the entire LTE. Every GOP candidate should commit to memory each of these statistics. Lately, Democrats have started testing a talking point that goes something like this: ‘yes, the economy is good but we don’t know if it’s helping everyone. We don’t know that everyone is feeling the recovery.’

That’s BS. If people weren’t feeling the effects of the Trump/GOP economic policies, consumer confidence wouldn’t be sky-high. Business investment wouldn’t be happening at the high rate that it’s happening. If the economy was in tough shape, people wouldn’t be returning to the workforce in an attempt to find a job. Optimism is increasing. Pessimism is shrinking.

Those things didn’t happen during the Obama administration. They’re happening now, though.

The Democrats aren’t happy with Sen. Schumer:

For all the talk about a blue wave, the truth is that Democrats are a divided political party.

One thing that’s apparent from this past week is that the Democrats’ plan to counter the good economic news is to insist that President Obama deserves great credit for the strong economy. During the first roundtable discussion on Fox News Sunday, Democrat spinmeister Mo Elleithee went right to work on that storyline.

First, Chris Wallace asked “Mo, there has been a lot of talk about a blue wave this November, a big Democratic pickup, may be control of the House, maybe even control of the Senate. But I think you would agree in the absence of where the economy is always the top issue and when you got strong economic growth, when you got historically low unemployment number, isn’t that a pretty strong record for Republicans to run on?” Elleithee replied by saying “Look, first of all, we should all be celebrating 4.1 economic growth. That’s a good number, a strong number. It also would have been the fifth strongest number of the Obama administration, right? The Obama administration — this is the continuation of economic recovery that began in 2009 and 2010. That strong economy wasn’t enough to save Democrats last time. It’s not enough to say it will be enough to say it would save Republicans this time.”

Republicans on the panel should’ve jumped on that immediately. Unfortunately, notorious Trump-hater Jonah Goldberg sat silent. Ditto with Jillian Turner. Since they sat silent, I’ll say what I would’ve said had I been on that panel. First, I would’ve highlighted the fact that President Trump and the GOP Congress scrapped the Obama-era tax system. They essentially threw it out and started from scratch. Thanks to the Trump/GOP tax cuts, business investment is accelerating, capital from overseas investments are flooding into the United States where manufacturing plants are being built or re-opened.

Remember when the Obama administration told us that those jobs were gone forever? I certainly remember. Apparently, all that was required were the right policies. Manufacturing is back in a big way. President Obama doesn’t get credit for the manufacturing rebound.

President Trump unleashed the energy sector by eliminating President Obama’s regulations that were intended to strangle the fossil fuel industry. Now we’re a net exporter of fossil fuels. Another thing is that the manufacturing sector is getting stronger quickly. That’s what I’d expect. President Obama worked tirelessly to put the fossil fuel industry out of business. He can’t take credit for that resurgent industry, the jobs it’s creating or the communities it’s rebuilding. Remember this statement from the campaign trail?

This month’s job report showed that people are returning to the workforce because they know there’s finally good-paying jobs available. In fact, for the first time in history, there are more job openings than there are workers to fill those positions. A frequent highlight of the Obama-era jobs reports was the part where they’d say how many people dropped out of the workforce or how the workforce participation rate had dropped. President Obama can’t take credit for that.

President Obama can’t take credit for surging consumer confidence or business confidence, either. Neither sector was particularly confident during the Obama administration. In truth, there’s nothing from the Obama administration’s policies that are contributing to the strengthening Trump economy. Period.

Frequently, Democrats have tried giving President Obama credit for the Trump economic growth. I won’t mince words — they’re lying through their teeth. The policies that President Obama put in place at the start of his administration produced pathetic economic growth. Stephen Moore highlights that economic growth during President Obama’s final year was 1.6%. During the campaign, economists ridiculed then-Candidate Trump when he said that his goal was 3-4% economic growth. They’ve already been proven wrong.

Let’s review President Obama’s policies, starting with high regulations that stifled economic growth. Big businesses weren’t bothered. Small businesses were hit hard. Incentives to invest in their businesses were essentially eliminated.

The Obama administration’s policies that were hostile against fossil fuels, pipelines and small businesses have been eliminated, which has led to improved economic growth and a huge increase in energy exports to other nations. The framework for a new trade deal with the EU includes a massive increase in sales of liquefied natural gas and other fossil fuels. The Obama administration was opposed to fossil fuels. The increase in fossil fuel production during the Obama administration happened because they fossil fuels on lands where federal permits weren’t required.

Obama shouldn’t get credit for opposing those policies. President Trump and the Republican Congress get the credit those policies because they’re the ones who implemented them.

The Obama administration raised taxes on small businesses and corporations. That resulted in companies hiding their money in other countries to the tune of $4,000,000,000,000. Now that that tax has been cut, the money is flooding back in and creating jobs here in the US. The Obama administration certainly shouldn’t get credit for opposing policies that increased economic growth.

Very few of President Obama’s economic policies are still intact. The turnaround in economic activity has been dramatic. In short, the Trump economy is growing fast. The Obama economy barely grew.

President Obama shouldn’t get credit for anything except that he showed us what not to do.

After reading this article about the great GDP growth published by the Bureau of Economic Analysis and the Center for the American Experiment’s article about that report, it’s pretty clear that Gov. Dayton and Tim Walz have something in common — with Wrong Way Feldman. First, for those who don’t know who Wrong Way Feldman is, he’s a character from an episode of Gilligan’s Island who had a penchant for flying the wrong way. On one trip, he was supposed to fly from the Bronx to Minneapolis, only to wind up in New Orleans.

It’s pretty clear that Wrong Way was to pilots what Gov. Dayton is to Minnesota economics. Andrew Scattergood’s article states “A large factor in our strong economy is the Tax Cuts and Jobs Act, which cut taxes and simplified the tax system. Low taxes, especially low income taxes, stimulate the economy by attracting investment and increasing incentives to work and produce. While Minnesota will benefit from the national tax bill, the economic gains could have been even bigger. In the previous legislative session, legislators passed a bill that would have lowered taxes for 82 percent of filers including most low and middle-income families.”

Meanwhile, Gov. Dayton wasn’t bright enough to figure out that cutting taxes increases economic growth and job creation:

Unfortunately, this bill was vetoed by Governor Dayton, forcing Minnesotans to pay higher taxes in an outdated system for at least one more year. He claimed the bill was a cake to the rich and big corporations, but as we mentioned previously, corporations would have been expected to pay more taxes than previous years under the new law.

After witnessing the impact the national bill has had on working families, maybe Dayton will regret not signing a similar bill into law. No matter what he thinks, it will not be his decision next year as the election in November will decide who replaces Dayton in the governor’s mansion. Hopefully tax reform is a top campaign issue and next year’s legislature can make a deal that works for everyone.

Gov. Dayton vetoed the Republicans’ tax conformity and tax reform bill because, in Gov. Dayton’s words, it didn’t punish corporations enough.

If you want to not compete with other states, set marginal tax rates too high. That’ll scare off tons of companies from moving here while telling existing companies not to expand here. This week, Tim Walz followed right in Gov. Dayton’s footsteps when he said he’d likely propose a bunch of tax increases, starting with a gas tax increase but then “being open” to other tax increases “to fund other priorities.” In other words, he doesn’t want to get too specific about which taxes he’ll raise if elected.

I’ll b blunt. When it comes to managing the economy, the DFL gubernatorial candidates are the political equivalent of Wrong Way Feldman:

Editor’s note: Watch the video to the end for maximum viewing pleasure.

Last night, Juan Williams was on Fox News @ Night to talk about Friday’s GDP report. Something he hinted at, which isn’t a first, is that the Trump GDP numbers are a continuation of the Obama recovery. Let’s be clear about things. First, it’s indisputable that the recovery from the Great Recession started early in the Obama administration. People arguing otherwise just aren’t telling the truth. Second, anyone that thinks that the Trump economy’s growth is based on a continuation of Obama-era policies simply isn’t informed.

From Day One, President Trump and the GOP Congress have done their best to sweep aside the Obama administration’s policies. That’s why people elected President Trump. They wanted a Disruptor-in-Chief. They didn’t want a Stay-the-Course administration.

One of the first thing the Trump administration was to unleash the energy sector, starting with green-lighting the Keystone XL Pipeline and increasing fracking for oil and natural gas. They stopped in its tracks the war on coal, thanks in large part to the rolling back of regulations put in place late in the Obama administration through the unprecedented use of the Congressional Review Act. Time and again, that was used to rid ourselves of the anti-mining regulations that the Obama administration put in place.

Those things alone would’ve helped the economy soar. But that’s only part of the story. The highest profile legislative victory of the Trump administration is the passage of the Trump/GOP tax cuts. Those tax cuts are working and everyone knows it. Are they enough to push growth into the stratosphere? I’ll say it this way: they’re opening up new opportunities for entrepreneurship. President Trump has unleashed the animal spirits of this economy. That term was first used by John Maynard Keynes. Here’s what he said about animal spirits:

Even apart from the instability due to speculation, there is the instability due to the characteristic of human nature that a large proportion of our positive activities depend on spontaneous optimism rather than mathematical expectations, whether moral or hedonistic or economic. Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as the result of animal spirits—a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.

In other words, good things happen when people are optimistic. There’s no greater salesman of economic optimism than Larry Kudlow. Sandra Smith’s interview of Mr. Kudlow has me believing that robust long-term economic growth isn’t just possible. It’s likely. Watch this interview:

The only other guy who rivals Mr. Kudlow in terms of economic optimism is his old partner in crime in the Reagan administration, Art Laffer. One thing that I don’t want to overlook in the interview is what Kudlow said about the fundamentals in place. Regulations are reasonable. Taxes, which leads to capital formation, which leads to job creation, are low. The energy sector has been unleashed. Consumer confidence is high. Capital that spent its time on the sidelines during the Obama administration is rushing back into the United States in the hopes of increased return on investment. During periods in the Obama administration, investors were sometimes happy with a return of its investment.

Early in the interview, Mr. Kudlow summed things up beautifully by saying “My hunch is that it’s going to go on for quite awhile.” This of things contributing to this strong economy that Mr. listed was fairly lengthy. Anyone mistaking the Trump economy with the Obama economy isn’t paying attention. The differences are night and day differences.

If anyone wondered whether President Trump would stick the proverbial shiv into Comrade Putin’s vitals, those doubts should disappear immediately. That isn’t granting absolution for his terrible performance at the press conference heard round the world. It’s now possible to think that President Trump missed an opportunity at that press conference and that he just hurt Russia, aka Putin, badly.

Thanks to the preliminary trade agreement President Trump made with the EU, the Kremlin will have far fewer rubles to count in the near future. Everyone knows that what little strength the Russian economy has comes from the exporting of their energy resources, especially to eastern European nations.

The trade deal that President Trump just negotiated with the EU includes expanded trade of liquefied natural gas along with other energy products. Does anyone think that Putin is sitting in his Kremlin office thinking about how grateful he is to President Trump? That’s right. He isn’t thinking that whatsoever. He’s seeing red — and not the red usually associated with the Soviet Union.

It’s now time for President Trump’s critic — and they are legion — to admit that he’s got the economy growing while the economic storm clouds disappear from sight. The doom and gloom predicted by MSNBC, CNN, the NY Times and other parts of the Democrats’ messaging apparatus won’t happen anytime soon. Happy days are here again.

When President Trump held this press conference, he didn’t just deflate Putin:

That being said, when European Union chief Jean-Claude Juncker said “This is also a message to others”, everyone immediately knew he might as well have been talking directly at Putin. This point can’t be overemphasized.

The other people whose crest has fallen since the agreement was reached are the Democrats. Thanks to yesterday’s agreement in principle, there won’t be a recession (or even a slowdown) right before the election. Further, the Democrats have started questioning whether people are feeling like the recovery is real. The blue collar workers building pipelines think it’s real. The people opening up new LNG wells think the Trump recovery is real. Everywhere you look, people are thanking President Trump for putting in place the policies that’ve caused their 401(k)s to grow and their benefits to improve.

This was a silly question from the start. If people thought that the Trump recovery wasn’t real, why is consumer confidence sky-high? Now, thanks to this agreement, farmers will get the relief they need.

The minute the news was announced that the EU had agreed to major trade concessions with the United States, the markets rallied. According to the article, the “major averages rallied on the news, with the Dow Jones Industrial Average popping more than half a percent to a session high. The NASDAQ rose about 1 percent. The euro also rose, hitting a session high against the dollar.”

That happened as news broke that the “Europeans agreed to lower industrial tariffs and import more U.S. soybeans, Dow Jones reported. The Europeans also agreed to work on more U.S. liquid natural gas exports, the newswire reported. The two delegations had not yet finalized language on car tariffs, which had been a major sticking point for Trump in advance of the Juncker’s first visit to the White House Wednesday.”

This is a big deal politically and economically. Lower tariffs and greater exports for US companies will give the already-hot US economy a significant boost. The soybean exports to the EU will help Republicans politically because it’s helping farmers, which is a major part of their political base. This does nothing except motivate that base to vote to re-elect Republicans this fall.

The other thing that’s worth noting is increased liquefied natural gas trade. That’s the fastest way to cripple Russia’s economy.

The markets breathed a sigh of relief, too, because the “Dow Jones Industrial Average popped Wednesday afternoon, rising more than half a percent on the news” of the completion of the trade deal. Now that this trade deal has been mostly finalized, the US can focus on completing other trade deals which will further strengthen the US economy.

The benefit of reading this article is to find out Karin Housley’s priorities if she’s elected to the US Senate.

In the article, Sen. Housley said her priorities in DC would be “the economy, health care and senior issues.” She then said “Taking care of our seniors is a really big issue,” Housley said. “I think we need to preserve and protect Social Security for them. That’s one thing that they’re worried about. I want to make sure those dollars are there for our seniors.” An opponent of the Affordable Care Act, Housley also said she doesn’t think a one-size-fits-all model works for the entire country. “It was supposed to decrease our health care costs, and it hasn’t,” Housley said. “I want to focus on a free market-based system for our health care costs and a patient-centered system.” On the economy, Housley said the U.S. Congress and President Donald Trump have made progress on the economy and would like to help keep it going. “I’d like to support continuing the way the country’s going with jobs and the economy booming,” Housley said. “I think there are so many great bills that are brought up in the U.S. Senate, but they (Republicans) have such a slim majority.”

Simply put, Sen. Housley’s main priorities are significant in the grand scheme of things and they’re important to Minnesotans.

I haven’t seen any recent polling on the Smith vs. Housley race but it’s apparent that Sen. Housley is running for everyone’s votes:


Then there’s this:


When Gov. Dayton picked her to replace Sen. Franken, Tina Smith said it wouldn’t be wise to underestimate her. That remains to be seen. There’s no doubt, however, that it’s foolish to underestimate Sen. Housley.

Minnesota has had liberal senators representing them for too long. Sen. Franken and Tina Smith have worked hard to represent only portions of Minnesota. It’s time for a real senator who will represent the entire state.