Red-hot economy could spell landslide victory for Trump

Saturday, May 4, 2019
 | 
Michael F. Haverluck (OneNewsNow.com)

Donald Trump 2With the latest economic figures indicating that more than a quarter million jobs were added last month – and with unemployment dropping to a 50-year low and unemployment hitting the lowest mark in decades for Blacks, Hispanics, Asians and women – ex-CNN journalist Piers Morgan is confident President Donald Trump will be an easy shoe-in to win next year’s presidential election.

“While dumb, deluded Democrats pathetically screech about impeachment, Trump’s firing up the U.S. economy so ferociously, he could win by a landslide in 2020,” Daily Mail columnist Piers Morgan wrote.

Beating all odds

Morgan recalled how one of the world’s most celebrated economists and Nobel Prize winner, Dr. Paul Krugman of the University of New York, predicted America’s unending economic demise the night Trump won the election, but the exact opposite effect has taken place – and still is … nearly three years later.

“It really does now look like President Donald J. Trump and markets are plunging,” the bleeding-heart liberal, Krugman, posted in a New York Times blog after midnight regarding Trump’s 2016 election victory. “When might we expect them to recover? … The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear. Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.”

Morgan then inserted how the economy is still “powering away” under Trump and “smashing records” as it continues to get even better – with more jobs and less unemployment being witnessed for virtually every demographic.

“Poor Krugman – whose sneering loathing for Trump knows no bounds – was almost inconsolable as he predicted financial Armageddon,” Morgan recounted before sharing another quote from the ultra-left economic expert.

“Under any circumstances, putting an irresponsible, ignorant man – who takes his advice from all the wrong people in charge of the nation with the world’s most important economy – would be very bad news,” Krugman ranted. “What makes it especially bad right now, however, is the fundamentally fragile state much of the world is still in – eight years after the financial crisis. Now comes the mother of all adverse effects, and what it brings with it is a regime that will be ignorant of economic policy and hostile to any effort to make it work. So, we are probably looking at global recession, with no end in sight.”

Actually, the U.S. is in a boom.

And Krugman wasn’t the only left-leaning economist to predict economic doom with Trump stepping into the White House.

“Under Trump, I would expect a protracted recession to begin within 18 months,” former Clinton and Obama chief economist Larry Summers chimed in, as quoted by Morgan.

Massachusetts Institute of Technology (MIT) Economics professor Simon Johnson made a similar prediction that Trump – a life-long financial guru – would bungle up the economy in no time, unlike Obama, who had little to no experience, skills or training before coming into office.

“Trump would likely cause the stock market to crash and plunge the world into recession,” Johnson forecasted, according to the Daily Mail.

In addition, the largest leftist daily in the nation’s capital – the Washington Post – insinuated in an editorial headlined “A President Trump could destroy the world economy,” that he would have a toxic effect on businesses globally.

No, not again!

Morgan indicated that today, Democrats are repeating their misguided and inaccurate forecasts.

“As predictions go, these are now all right up there with the ones confidently insisting Special Counsel Robert Mueller would find Trump guilty of Russian collusion because none of them actually transpired,” Morgan pointed out. “Indeed, the complete opposite has happened – after two-and-a-half years of President Trump, the U.S. economy is, in fact, powering away and smashing records as it surges.”

He then gave a recap of America’s stellar economic numbers under Trump.

“Today, it was revealed that 263,000 new jobs were added in April – massively higher than what was forecast,” Morgan shared. “Unemployment fell to 3.6 percent – the lowest number since 1969. America now has record-low African American, Hispanic and Asian unemployment, the lowest unemployment rate for women since 1953, and the quickest wage growth for workers in 10 years.”

These are not just one-time spikes, and Americans from all backgrounds are realizing the president is leading the American economy down the right road.

“This comes after a whole week of other stunningly good economic news for Trump,” Morgan continued. “Last Friday, it was announced that first-quarter gross domestic product (GDP) grew by 3.2 percent – after widespread predictions of just 2.3 percent. On Wednesday, the U.S. stock markets that Paul Krugman said would never recover hit record highs, and yesterday, CNN published a new poll revealing Trump’s economic approval rating had hit a new high of 56 percent – including double digit increases amongst those under 35 (up 16 points) non-whites (up 13pts), independents (up 11pts) women (up 10pts) and even Democrats (up 10pts).”

Looking toward 2020

Things couldn’t get any better for Republicans and American workers – or any worse for Democrats running against Trump.

“With today’s jobs results, it’s reasonable to expect all Trump’s economic approval ratings to soar even higher, and all this spells very BAD news for the Democrats, because good economies win elections as reliably as bad economies lose them,” the British journalist ventured before bringing up former President Bill Clinton’s election successes because of the economy – despite rife criticism against his character.

“It was Bill Clinton’s former strategist, James Carville, who famously planned his boss’s 1992 win over sitting President George H. Bush with the words: ‘[It’s] the economy, stupid.’”

Besides seemingly incessant anti-American and anti-Semitic remarks from young Muslim Democrats in office – Rep. Ilhan Omar (D-Minn.) and Rep. Rashida Tlaib (D-Mich.) – one young self-proclaimed socialist from the Empire State is stirring up waves in the Democrats camp, as well.

“The Democrat Party is being dragged ever further into the socialist electoral abyss by media-hogging young firebrands such as Rep. Alexandria Ocasio-Cortez (D-N.Y.), whose economic polices – like the Green New Deal – would bankrupt America faster than Trump can tweet ‘SAD!’” Morgan argued.

He pointed out that both Bill Clinton and Ronald Reagan were victorious in their reelection bids because of the country’s strong economy.

“Right now – with just 18 months until the 2020 election – President Trump is on an undeniable economic roll that supports his election promise to ‘Make America Great Again,’ and that should put the fear of God into Democrats, who are still reeling from Trump being cleared of collusion,” Morgan wrote. “While they continue to pathetically and pointlessly stamp their feet and scream blue murder at not getting what they want – like toddlers who’ve had their rattles taken away, [and] Trump’s laughing all the way to the electoral bank.”

And with guffaw-laden former Vice President Joe Biden, homosexual activist Mayor Pete Buttigieg of South Bend, Indiana, and self-proclaimed socialist Sen. Bernie Sanders (I-Vt.) as Trump’s main competition for president so far, it appears Trump is well on the way to victory.

“You only have to look at the wreckage of Venezuela to see how Trump would exploit any whiff of the ‘socialist dream’ in a 2020 opponent,” Morgan asserted, noting that Democrats should learn from the past. “If enough dumb, deluded Democrats decide to commit further political suicide by pushing for Trump to now be impeached, it would almost certainly backfire horrendously – just as the Republican attempt to impeach Clinton over Monica Lewinsky made him massively more popular.”

He said that this election year, the odds are on Trump’s side and advised Democrats to wake up and get a clue before they self-destruct again.

“Nothing will annoy voters more than a bogus, nakedly partisan attempt to unseat a president who – for all his inflammatory rhetoric and tweeting – is boosting their wallets and getting them back to work, and the big picture statistics are all on Trump’s side,” Morgan stressed. “Since 1900, there have been 19 presidents who ran for re-election and only four lost. In almost every case, the economy was a large factor.”

It was contended that if Trump and the Democrats keep doing what they’re doing, a decisive win for the Republican Party is just a matter of time.

“If Trump continues to financially fire up the U.S. in the way he’s doing, then I can see him winning again, perhaps even by a landslide, and chortling, ‘[It’s] the economy, stupid,’ as Paul Krugman writes another tear-stained blog telling us the world has just ended – again,” Morgan concluded. 

Things getting even better for Trump, America

Trump’s approval rating continues to rise as the economy soars, with the Rasmussen Reports’ Daily Tracking Poll revealing on Friday that 50 percent of likely U.S. voters approve of Trump’s job performance, next to 47 percent who disapprove.

Trump was quick to share good news from the Drudge Report regarding the latest economic numbers on America’s stellar first quarter by providing an image of the headline reading, “Stock market endless rally.”

Elsewhere, news about the ongoing economic upturn was announced by the media.

“[The U.S. Labor Department’s jobs report on Friday] showed that solid economic growth is still encouraging strong hiring nearly a decade into the economy’s recovery from the Great Recession,” The Associated Press (AP) announced. “The economic expansion is set to become the longest in history in July.”

It relayed an optimistic message about the economy provided by Regions Financial Corp. Senior Vice President and Chief Economist Richard F. Moody.

“The broader economy remains on solid footing, meaning that coming months will see continued job gains and faster wage growth,” Moody told AP, which noted how ecstatic stock investors were as the Dow Jones Industrial Average rose 135 points just after opening on Friday.

“American households have become more confident since the winter and are ramping up spending,” AP’s Christopher Rugaber reported. “Consumer spending surged in March by the most in nearly a decade. A likely factor is that steady job growth and solid wage increases have enlarged Americans’ paychecks.”

Specific demographic statistics also showed that Trump’s economy is benefitting most demographic groups – especially minorities.

“Unemployment for women fell to 3.1 percent – the lowest since 1953,” WND divulged from the report. “For Latinos, it was 4.2 percent – lowest since 1973 – and for Asians, 2.2 percent. For veterans of the Iraq and Afghan wars, unemployment dropped to 1.7 percent.”

Even left-leaning media outlets were quick to point out the optimistic numbers.

“[America’s] job machine [is] humming along,” CNBC stated in its report.

AllianceBernstein Sr. Vice President and Sr. Economist Eric Winograd also corroborated America’s steady upward economic shift.

“Leaving aside month-to-month fluctuations, the labor market is still very strong, adding almost double the number of workers needed to keep pace with new entrants to the labor force in any given month,” Winograd explained to CNBC. “Wages may have been slightly tepid this month relative to expectations, but are still growing at just about the highest rate this cycle, and the unemployment rate is at multi-generational lows.”

According to the report, professional and business services were at the forefront of job creation, registering 76,000 new positions.

“Construction added 33,000, bringing to 256,000 the total new jobs created in the field over the past year,” CNBC divulged. “Health care rose by 27,000, bringing its 12-month total to 404,000, while financial positions increased by 12,000, rounding out an increase of 111,000 in the 12-month period – thanks largely to growth in real estate and rental and leasing.”

The president took to Twitter to let America in on the good news.

“We can all agree that AMERICA is now #1,” Trump tweeted Friday. “We are the ENVY of the WORLD – and the best is yet to come!”

 

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