Great Recession

The Donald Trump Base Is Withering Rapidly

As the election day ticks down to 22 days today, it is clear that the Donald Trump base of about 35-40 percent is withering rapidly.

The COVID 19 Pandemic and the outrageously poor reaction of Donald Trump and Mike Pence to that disaster is turning senior citizens and even white working class men away from Donald Trump.

The fact that he has called his followers “disgusting”, and glad he does not have to shake their hands, is being noted by many former Trump supporters who now realize Trump would not want them at his Mar A Lago residence in Florida.

Trump is massively losing among those of his former supporters who have a brain and intelligence, morality, and ethics, and see what a disgusting human being he is!

More Trump backers in 2016 have seen how dangerous and unstable he is, and how his narcissism has led him to endanger American foreign policy, and side with authoritarian leaders, including Vladimir Putin, Kim Jong Un, and Mohammed bin Salman, among others.

Many conservatives are realizing that Trump is not a conservative, and many former Republican officeholders have repudiated him as a destroyer of Republican Party history and values.

Trump has made no effort to expand his receding base, and every poll, even on Fox News Channel, shows Joe Biden far ahead in “swing states”, and competing even in states that by all rights should not be contestable, including Georgia, Texas, Ohio, Iowa, and Arizona.

This is not an issue of whether Joe Biden is a perfect candidate, as no such person exists, but rather whether he represents the interests and concerns of average Americans, whose families have struggled and continue to struggle.

Joe Biden comes from a working class background, and has always had the traits needed for a President—intelligence, knowledge, experience, compassion, empathy, decency, morals, ethics, humanity, and a magnificent record of service unmatched in American history.

The nation is realizing Joe Biden is the right person to deal with the worst conditions we have seen since the Great Depression, far greater than the Great Recession of a decade ago. Only his approach to the future, with Kamala Harris by his side, can help the nation to recover from the COVID 19 Pandemic, the economic calamity, and the racial divide that has been encouraged by the Trump Administration.

America On The Verge Of A Second “Great Depression”, All Caused By Donald Trump’s Ignorance, Stupidity, And Corruption!

It is hard to believe, but America is on the verge of a Second “Great Depression”, all caused by Donald Trump’s ignorance and stupidity!

America had 123 million population in 1930, as the Great Depression under Herbert Hoover began.

Now in 2020, it is 330 million, so more than 200 million people higher, about 270 percent higher.

This coming Great Depression is likely to last as long as the first Great Depression, a decade or more, as even the Great Recession of 2008 continued to reverberate for at least another five years after that.

We already have poverty and deprivation much too prevalent BEFORE this event, and now it will get much worse!

The possibility of widespread violence and bloodshed, in a population much more diverse than it was in 1930, and with the much greater prevalence of firearms, at least equal to the population numbers, is a totally terrifying prospect!

And to learn that the wealthy want ever more tax cuts, as their greed and selfishness continues to grow, is totally outrageous. They need to give up much of the Trump, Bush II, and Reagan tax cuts they gained undeservedly in the past four decades, while the middle class deteriorated, and the the number of poor, homeless, and hungry people escalated!

The stupidity and bias of millions of Americans who thought Donald Trump was a savior, and the involvement of Fox News Channel, Conservative Talk Radio, and the Evangelical Christian right pastors and ministers in backing the corruption and venality of Donald Trump is infuriating! His corrupt collaborators in Congress and the judiciary is also a total repudiation of the American people and their welfare!

There has to be a place in Hell for all of these perpetrators who have no ethics, morals, conscience, or scruples!

The Self Styled “War Time” President: Greatest Economic Collapse Since 1929, And 32 Percent Drop In Less Than A Month, Back To When Barack Obama Left Office!

So here we are in mid March, less than a month after the all time high on the Stock Market, and we have just witnessed the greatest collapse since 1929, a 32 percent drop in the Dow Jones Industrial Average and other measurements of the stock market.

So now we are back to what the stock market was on the day that Barack Obama left office, after the greatest economic recovery in American history, greater than Franklin D. Roosevelt, who had to count on World War II to end the Great Depression totally!

Obama presided over a 250 percent increase in the stock market, and an unemployment rate left to him by George W. Bush and the Great Recession of 10 percent unemployment, which was lowered to 4.7 percent when he left office.

But of course, Donald Trump would never give credit to the “black man” for anything, so it is just desserts that his raving about the great performance on the stock market and in the unemployment rate, added on to what Obama had accomplished, is now totally gone!

And now, Donald Trump has the gall and nerve to call himself a “wartime President”, when he evaded the military draft with a fake medical letter claiming he had “bone spurs”>

This was Trump’s major argument for his reelection–the “great, fantastic” economy, and now it is gone! Meanwhile, Trump has done tremendous damage in a multitude of ways, and he is insured of being the absolutely worst President in American history!

There are now projections that the unemployment rate will skyrocket, maybe to an unheard of 20 percent, which would be by far the worst since the 1930s!

If Trump had any principles and decency, he would resign today as a total failure, and the only reason he will not do so is that he would face prosecution for his crimes, and hopes to avoid that.

America must defeat Trump, and send him as an indicted felon into a court of law, with just desserts being imprisonment for the rest of his natural life, but not stop there, but also go after his children and son in law, and all of the crooked people who worked for him and brought about the disaster, ongoing, of the Trump Presidency!

CoronaVirus Crisis Will Bring Donald Trump Down!

The ultimate job of any President of the United States is to promote the safety and security of the American people, and on that basis, Donald Trump is failing miserably in dealing with the growing CoronaVirus Crisis.

Clearly, this is a public health crisis of massive proportions, and all Americans would wish that Donald Trump was capable of handling a crisis that may stand out as one of the greatest tragedies in all of American history.

But Trump is playing politics, concerned more with his reelection, than giving full authority to medical and health experts, and this is proved by his appointment of Vice President Mike Pence, who is anti science and just prays a lot to God, to lead the effort to quell the crisis.

It seems clear that this crisis will not be handled in a proper manner, whatever that is, and that Donald Trump will pay the price in being defeated for reelection.

Not only is there likelihood of massive death totals, but also the economy is clearly going into a tailspin, and the next President will likely face depression conditions unseen since 2008 and the Great Recession.

This blogger and author hopes he is wrong, but this is clearly the most horrifying health crisis faced since the Spanish Flu epidemic of a century ago!

Donald Trump Does The Unforgivable: Attacks Joe Biden And Barack Obama On Foreign Soil, And Lies About The Obama-Biden Economic Record

Donald Trump did the unforgivable by attacking former Vice President Joe Biden and former President Barack Obama on foreign soil, while in Japan this past weekend.

It is a known rule that no President deals with domestic politics while overseas, and no President embarrasses his host by putting them on the spot as he criticizes political rivals.

But this is Donald Trump, who does not believe in any rules, regulations, or common decency.

Calling Biden a low IQ individual, agreeing with totalitarian dictator Kim Jong Un of North Korea, and claiming that both Obama and Biden presided over a disastrous administration in every way, including the economy, is the continuation of an attack on opponents that began with John McCain. It has now included everyone imaginable, and not just individuals that are well known, but also victims as in Puerto Rico after the hurricane, and groups of vulnerable people, such as refugees, gays and lesbians, transgender people, disabled people, and so many more.

The massive lie about Obama, Biden, and the economy is beyond belief, when the facts are that Obama presided over the greatest economic recovery in American history, greater than Franklin D. Roosevelt before World War II resolved the Great Depression.

From 10 percent unemployment, and the worst economic conditions in 70 years in 2009, inheriting the Great Recession under George W. Bush, to Obama and Biden leaving office in January 2017 with unemployment under 5 percent, we have now seen more than eight years of constant economic growth, an all time record. The continuation of economic growth under Donald Trump would have continued if Hillary Clinton was in the White House.

The stock market also recovered more than 250 percent from what it was when Obama-Biden came in during 2009 until the beginning of 2017. And all this was done without being engaged in a major war.

Trump can lie, and his minions can believe his use of the Big Lie technique of Adolf Hitler, but “the truth shall set us free”, and history will record Barack Obama and Joe Biden for their economic accomplishments.

Inspiring January 20s—1961 And 2009, And Then Depressing January 20s, 2017 And Today

Today is commemorated as the Presidential Inauguration Day every four years, since the passage and ratification of the 20th Amendment in 1933, changing the date from the original March 4 from 1789 to 1933, to the new date starting in 1937 and every fourth year after.

The history of January 20 is one of two particularly inspiring Inauguration Days, those of John F. Kennedy in 1961, with his soaring oratory, and Barack Obama in 2009, with the largest Inauguration crowd in American history, and with this author and blogger in attendance with his older son, witnessing the historic event.

Kennedy was the youngest elected President, and the first and only Catholic President, and Obama was the first and only mixed race African American President, and both appealed to the highest ideals of the American spirit.

Already, both are rated in the top third or better of our Presidents, and both will always excite and inspire our image of what America could be.

But sadly, now we are in a crisis, which makes Richard Nixon look better, something thought to be impossible after the Watergate Scandal. We never thought we could have a worse and more corrupt President than Nixon, who with his manifest shortcomings actually had some positive contributions.

But with Donald Trump, we have a wrecking ball out to destroy American domestic policies since Theodore Roosevelt onward, and American foreign policies since Harry Truman onward.

We have a President who has collaborated and colluded with the Russian government of Vladimir Putin, and yet we have one third to 40 percent of the nation totally in delusion, and proving that as PT Barnum said long ago, “There’s a sucker born every minute!” People who should know better have their heads in the sand, as if they are ostriches, and nothing will convince this ill informed and morally deficient portion of the population to see the reality of the disaster we face.

Donald Trump gave a bitter, divisive Inaugural Address two years ago today, and has not stopped from his mission of total destruction, and division of our population with his insults, his racism, his nativism, his misogyny, his repudiation of our long time allies, and his promotion of the destruction of the environment and the concept of civil rights and civil liberties in our Constitution and Bill of Rights.

January 20, 2017, was not a day to celebrate, and January 20, 2019 is not either, as the Federal Government Shutdown continues, with the long range goal of the undermining of the Federal government agencies, and the destruction of the lives of millions of dedicated workers, and the collapse of the American economy, as we hurtle toward another Great Recession or maybe even another Great Depression.

It is impossible to have hope that we can survive this Trump disaster without long range damage and harm that will permanently undermine the future of American democracy.

The Facts About Barack Obama’s Achievements On The Economy , Corruption, And Health Care, As Compared To Donald Trump’s Record

With the Midterm Elections of 2018 only ten days away, we are now in the season of lying about Barack Obama’s record by Republicans, who act as if the 44th President accomplished nothing while in office, and was an abject failure.

Somehow, the experts see it differently, as the C Span Poll of Historians in 2017 put Obama 12th of all Presidents, and the American Political Science Association poll of 2018 puts Obama as 8th among all Presidents.

Obama brought about the greatest economic revival from a economic collapse in US History, far better than Franklin D. Roosevelt and the ending of the Great Depression, only brought about ultimate entrance into World War II, while Obama brought about an end to the Great Recession without a major war. The stock market nearly tripled under him, and the unemployment rate went from 10 percent when George W. Bush left, to under 5 percent when Obama left office. But Donald Trump tries to claim that magic took place when he came into office, and that the present booming economy is all his doing, ignoring the recovery under his predecessor. It is clear that the economy’s improvement would have been much the same under Hillary Clinton had she won the Electoral College and become our President.

There was no corruption under Barack Obama of note, and no one was indicted or convicted, while the record of the George W. Bush administration had quite a lot of corruption, but already Donald Trump has seen more corruption in less than two years than Bush had in eight years. Trump’s cabinet and other advisers have demonstrated more corruption than any in American history. and so many people have been indicted or pleading guilty in the probe on Russian collusion.

Obama also promoted the protection of preexisting conditions under the Affordable Care Act or ObamaCare, which the Republicans have tried to destroy 70 times, although now all candidates for reelection are claiming otherwise, but a pure lie. Donald Trump has no concern about health care, and instead brags about the massive tax cut to the wealthy, which is leading to Republicans claiming that not only must ObamaCare be repealed, but also there is a need for massive cuts in Social Security, Medicare, and Medicaid.

Trump supporters who believe any of the propaganda coming from Trump and Republicans running for reelection, are truly delusional, and fail to understand that the facts are very different from the myths being perpetrated by Republicans who hope to keep control of Congress after the elections in less than two weeks.

California Has Larger Economy Now Than The United Kingdom (Great Britain), Fifth Largest In World

As of last month, the state of California officially is the world’s fifth largest economy.

The Golden State just passed the United Kingdom (Great Britain), and is now only surpassed by four nations: The United States, China, Japan, and Germany.

Who would ever have thought when the US fought Mexico in the late 1840s, gained control of California in the Treaty of Guadalupe Hidalgo in 1848, and saw the Gold Rush begin, starting the development of California population so rapidly, that California became a state by 1850, that this mega state would develop an economy larger than all but four nations?

California today has 40 million people, one out of every eight Americans, and has a technology sector in Silicon Valley, and is the world’s entertainment capital in Hollywood.

California is also the nation’s major agricultural sector in the Central Valley agricultural heartland.

It also has become a major positive in the economy after the collapse during the Great Recession. Financial services, real estate, manufacturing, and the information economy are all major pluses in the California economy.

Its economy is one seventh of the entire nation’s economy, and the job growth from 2012-2017 is one sixth of the entire improvement of the country.

The major areas of economic growth are in San Francisco, San Jose, Los Angeles and San Diego.

Its Congressional delegation, by far the largest, consists of 53 House Members and 2 Senators, and a substantial number of them—16 in the House—play a major role in Congress.

The outgoing Governor, Jerry Brown, is seen by many as possibly the greatest Governor in the nation right now, having presided over the revival of the California economy in the past eight years.

California has also led the fight against Donald Trump on such issues as immigration and sanctuary cities; gay rights and gay marriage; and climate change and global warming.

And Nancy Pelosi. the former Speaker of the House from 2007-2011, and Minority Leader since then; and Kevin McCarthy, the House Majority Leader now angling to be the next Speaker of the House if the Republicans retain the majority, are both from California.

So California is, in so many ways, a nation onto itself, and could sustain itself if need be, but at the same time, the future could be three Californias, as the state initiative process has led to a possible ballot question in November, that would set up three states instead of one–Northern California; Southern California; and California, which would consist of the Los Angeles metropolitan area.

Each state would have about one third of the population of 40 million.

Whether this occurs or not, California will continue to be a major part of the world economy and the American political system.

Donald Trump Declares Trade “War” On European Union, Canada, Mexico: Suicidal For Consumers, Workers, Corporations

Donald Trump has declared a trade “war” on the 28 nations of the European Union, as well as Canada and Mexico.

This protectionist binge will be suicidal for consumers, workers, and corporations.

It will cause rapidly rising inflation in consumer prices; loss of employment in many industries and agriculture; and add billions of dollars in costs to corporations, which will lead to price increases and worker layoffs.

Along with the massive backtracking on the Dodd-Frank Act regulating Wall Street banks after the Great Recession of 2007-2009, it will bring about another Great Recession in the next year, and possibly worse, a return of the conditions of 1929 under Herbert Hoover, leading to the Smoot-Hawley Tariff of 1930, and a great worsening of the Great Depression that affected America for an entire decade.

It will also cause the NATO alliance to fray at its edges, as the European allies, and particularly the major ones–Great Britain, France, Germany–will retaliate against the nation that they used to look to as their leader.

And our relations with our neighbors–Canada and Mexico–will be the worst in a century, and undermine global security and stability.

And the Republican Party, while complaining privately, will show no ability to stand up to Donald Trump, and fight him, and their party will be permanently damaged by their cowardice!

Three Longest Economic Expansions Since World War II Under Democratic Presidents Bill Clinton, Barack Obama, John F. Kennedy, Lyndon B. Johnson

A fact often not acknowledged is that the three longest economic expansions in American history took place under Democratic Presidents.

The longest was under President Bill Clinton, with the expansion beginning under Republican George H. W. Bush in March 1991, but the expansion lasting until March 2001, a total of 120 months or 10 years, so the vast majority under Clinton.

The second longest is from 2009 to the present, nearly nine years recovery from the Great Recession, begun in late 2009 under Barack Obama, and continuing under Donald Trump.

Obama came into the worst economic situation since Franklin D. Roosevelt, succeeding Herbert Hoover at the worst moments of the Great Depression in 1933.

Donald Trump loves to brag how great the economy has been under him, without giving credit to his predecessor for the nearly seven and a half years of economic expansion that preceded Trump taking the oath, arguably the best inheritance ever in American history.

The third longest expansion was from 1961 to 1969, 106 months, which has just been surpassed now in 2018. It began under John F. Kennedy in February 1961, continued all the way through the term of Lyndon B. Johnson, and ended in December 1969 under Republican Richard Nixon.

Add the fact that nine of the last ten economic recessions occurred under Republican Presidents Dwight D. Eisenhower, Richard Nixon, Gerald Ford, George H. W. Bush, and George W. Bush, and it is clear the nation has benefited much greater economically from Democratic administrations than from Republican administrations.