Though the Democrats have tried convincing consumers that the economic sky is falling, consumers aren’t buying the Democrats’ schtick. Instead, they’re heading to Walmart to buy lots of things that they can suddenly afford thanks to the Trump/GOP tax cuts. In case you hadn’t heard the economic good news, which is highly likely if you get your news from the New York Times or MSNBC, Walmart profits are up, consumer confidence is through the roof and retail sails are increasing, not decreasing.

That isn’t to say that everything is hitting on all cylinders. China’s tariffs on farmers are hurting them. Nancy Pelosi’s unwillingness to hold a vote on ratifying the USMCA trade agreement is hurting farmers and car manufacturers, too. That’s the intent of House Democrats. House Democrats hate President Trump more than they love prosperity and their constituents.

Desperate Democrats deny that they’re trying to talk the nation into a recession but the proof is too abundant to ignore. First, Trump-hating Democrats put their eggs in the Trump-Russia collusion concoction. When that failed, Democrats put their eggs in the Mueller testimony Basket. When that failed, Democrats put their eggs in the Racism Basket. The minute that failed, Democrats hurriedly put their eggs in the Recession Basket.

Larry Kudlow dumped a few pales of ice-cold water on the recession talk during his interview on Meet the Press:

Kudlow opened by saying “Well, I’ll tell you what, I sure don’t see a recession. We had some blockbuster retail sales consumer numbers towards the back end of last week, really blockbuster numbers…despite all of the worries about the volatile stock market, most of the economists on Wall Street towards the end of the week have been marking up their forecasts for the third and fourth quarters. That echoes our view.”

It’s worth noting that the negativity found in these doom-and-gloom reports talk about a slowdown. The minute that they hit the NYTimes or are reported on by CNN, the report changes from slowdown to recession. Isn’t that interesting? I wonder what additional information the NYTimes or CNN has that Wall Street doesn’t have.

Let’s review the fundamentals. Marginal tax rates are low. Corporate tax cuts have given CEOs new incentives to invest in bigger plants and more employees. The deregulation has triggered a huge boom throughout the domestic energy industry.

Let’s admit that the Democrats’ economy grew at a pretty pathetic pace. Think of it as keeping the car idling. When Trump got in, the economy shifted from being a family station wagon into a 73 Mustang with a 351 Cleveland in it. Suddenly, that idling station wagon turned into Steve McQueen’s Mustang from Bulitt:

Eventually, we’ll go through a recession. It won’t be anytime in the next 6 months, though. Too many people have much bigger paychecks thanks to the Trump/GOP tax cuts to let this economy start contracting anytime soon.

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