Job Growth

88 Months of Job Growth, All Time Record, So Future Is Economic Recession, Just A Question Of When And How Severe

America has experienced 88 months of job growth and an improving economy, an all time record, so the future is economic recession, with the only question being when and how severe it will be.

It is like gravity, in that what goes up must come down, and Donald Trump has been bragging as if he created the economic growth, when it was the contribution of Barack Obama, who was overseer over the greatest economic recovery in American history, and without war.

Franklin D. Roosevelt is credited with helping to solve the Great Depression in the 1930s, but it took until war spending for World War II for the recovery to be totally successful, while Obama avoided a major war, and created the economic conditions that now Trump is making it as if he did it all by himself in the past year.

Trump came into office with a great economy, while Obama came in at the worst time since Herbert Hoover, and had to deal with what we call the Great Recession.

As I write this, the stock market has had its two worst days in two years, losing 666 points on Friday, and 1175 on Monday, making for the greatest two day loss in stock market history. The market actually went down 1579 before it revived to 1175 by the close of trading. So it went down in the past two days by 1840, a total of seven percent of the stock market.

It will be interesting to see how Donald Trump reacts to this, since he loves to give himself credit for the improvement in the stock market, even though it was steadily rising under Barack Obama, who he will never give credit to on anything.

if the economy falters, Trump will lose a lot of his supporters, and his public opinion polls will collapse into the 20s instead of the low to mid 30s where it is right now.

Trump Tax Cuts Already Undermining Budget, And Threatening Social Safety Net Of Social Security, Medicare, Medicaid

The Trump tax cuts are already, just as they are going into effect, causing a massive shortage of government funds, and threatening the stability of the Social Safety Net of Social Security, Medicare, and Medicaid, and as well as educational, environmental, consumer, and labor laws.

This is precisely what the Republican Party of Speaker of the House Paul Ryan, Senate Majority Leader Mitch McConnell, and the Trump White House wants, to destroy the entire social and economic reforms and regulatory laws of the New Deal of Franklin D. Roosevelt, the Great Society of the Lyndon B. Johnson, and the reforms of Barack Obama, along with lesser reforms of Harry Truman, Dwight D. Eisenhower, John F. Kennedy, Richard Nixon, Jimmy Carter, George H. W. Bush, Bill Clinton and George W. Bush.

The Republican Party is now an extremist right wing party controlled by the Freedom Caucus and evangelical Christians, who will not be satisfied until they take America back to the 1920s and the Gilded Age.

And this past week, the beginning of the end of what is now 88 months of economic expansion and job growth is evident, as today, the stock market collapsed with a 670 point drop, and a 1,000 point drop over this entire week. This is the biggest drop in two years, about 2.5 percent in the past week. It is also the biggest drop since the financial crisis of late 2008, which led to the Great Recession.

This was predictable, as no market or economic growth can continue to expand forever and already, the seven years and four months of expansion, since the last months of 2010, is an all time record.

We will go through very rough times from now on, and yet the wealthy top one or two percent will continue to gain massive tax cuts, while the rest of America suffers.

We are on the road to potential social uprising, as the American people realize that a President who lost the popular vote, and has engaged in illegal acts, works to undermine the investigation of Russian collusion, money laundering, abuse of power, violating the emoluments clause, and obstruction of justice, at the expense of the American people, but makes sure his class of wealthy people continues to benefit.

The Trump public opinion rating in the mid 30s is likely to collapse into the 20s at this rate, but will the Republican Party try to rectify itself in Congress, or will they continue to collaborate in treason and corruption, and destroy their historical legacy long term?

We shall see in the months leading up to a likely massacre in the midterm elections this November.

State Of the Union: Lowest Watched In A Generation, Teleprompter Speech Soon To Be Forgotten, Except For Anti Immigration Pitch, And Exaggeration Of Trump Economic Accomplishments

Donald Trump’s State of the Union Address was the lowest watched in a generation, a teleprompter speech soon to be forgotten, except for his anti immigration pitch.

He said he would grant Dreamers under DACA the allowance to remain and a path toward citizenship, which will infuriate nativists.

But in exchange, family of all immigrants beyond immediate family would be barred from migration, ending what Trump called chain migration or family reunification. Immediate family is only spouses and minor children, and parents, siblings, and adult children of immigrants would be barred, as he calls them “distant” relatives. This has nothing to do with if any have committed criminal acts. This statement of Trump led to a noticeable reaction of boos by Democrats, and rightfully so.

How heartless and uncaring Trump displays himself to be about family members! This is clearly the work of racist and nativist aide Stephen Miller.

What native born American would feel that this is proper, to deny family the right of migration?

This is the true Donald Trump, a nativist, racist, who has no compassion or conscience, such as the case of the Detroit, Michigan 40 year old immigrant, brought to America when he was ten years old, having committed no crimes while here, and now deported away from his wife and children, and sent back to Mexico, a nation he has not seen since thirty years ago, and having no connections or friends in that nation. What kind of person with any principles does not have humanitarian, and compassionate exceptions to any rule, when it destroys families?

Trump’s attack on MS-13, an international gang formed in Los Angeles that commits murders and other crimes, was a vast exaggeration of that group, and Senator Kamala Harris, who prosecuted gang members as California Attorney General, appropriately attacked Trump for scapegoating and fear mongering to justify the hard line proposal on immigration and family.

Additionally, Trump exaggerated the economic revival, which was NOT due to him, but to the steadily improving economic situation under Barack Obama, who came in with a massive economic collapse on his door, occurring during the George W. Bush Presidency. Obama created the greatest economic revival since Franklin D. Roosevelt and the New Deal, and did it without a major war.

So Trump inherited a great economy, and the job growth, unemployment rate and stock market improvements did not match what Obama had done in previous years, but Trump continues to lie and deceive about how the wealthy gained most of the tax cut that the Republican Party forced through without any input or bipartisan attempt by Trump.

The White, Educated, Republican Suburbs Moving Toward Democratic Party In Age Of Donald Trump

Early signs are that the white, educated Republican suburbs are moving toward the Democratic Party in the age of Donald Trump.

If one goes by the elections in New Jersey, Virginia, and now Alabama, that seems the beginning of a trend.

The Democrats need to pursue this, rather than just attack Donald Trump.

They need to emphasize job growth, education, health care, and the dangers to our national security represented by the “bromance” between Donald Trump and Vladimir Putin, what seems like Russian Collusion.

They need to show that they have a positive program of change, and rally people around the harm to our environment and consumer protection by the Trump Presidency, as well as the harm done with unqualified judicial appointments, and in our diplomacy with other nations.

If the Democrats work to offer alternatives and point out common goals for people of all races, and both genders, they can win the majority in both houses of the Congress, in many state legislatures, and in the gubernatorial races coming up in November 2018.

Trump’s Public Opinion Rating Continues To Fall Despite Growing Economy, And A Growing Fear Of His Mental Instability

Donald Trump’s public opinion polls continue to plunge, down to the low 30s, and likely to fall further over time.

This is happening despite the growing economy, including the stock market, low unemployment. and strong job growth.

Trump has been very irrational in his behavior, and it is starting to become an issue discussed on cable news, whether the President is fit to serve, with much evidence that he is often inattentive; wanders off at ceremonies when he is supposed to remain present; and rages and fumes so much about the unfairness of how he is treated by fellow Republicans, who are pushing ahead on the investigation of his Russian collusion. And his public speeches are very unnerving as he makes a fool of himself, and demonstrates how much of a massive liar he is, and the horrible disposition he puts on display.

It is not uncommon for men and women in their 70s to start having mental issues, as the brain ages, but we are not talking here about just any man or woman, but the President of the Unites States, who has control of the nuclear codes, but may indeed be delusional.

Such a condition could undermine the entire country, and so it is time for Vice President Mike Pence and the cabinet, all loyalists to the President, to arrange a mental exam by psychologists and psychiatrists, as to the mental state of Donald Trump.

The nation comes before Donald Trump’s own ambitions and desires, and it is the responsibility of Pence and the Cabinet to put loyalty to the nation ahead of their support of Donald Trump!

The Positive Contributions Of The Barack Obama Presidency

So here we are on the last full day of the Barack Obama Presidency, which I have been writing about since August 2008, and just about daily since 2010.

Barack Obama has been an historic President, and will end up in the top ten of our 44 Presidents over time, if not immediately.

Barack Obama was the most pilloried President since Richard Nixon, but for no good reason, and a lot of it was based on pure racism, sorry to say, but the truth.

But Obama brought us a dignified, classy persona to the White House, as did his wife Michelle.

He gave us the biggest expansion of our health care system, and much of it will survive the Donald Trump and Republican onslaught in the end.

He gave us the concept of limited military involvement, after decades of too many interventions overseas, and ended our involvement in Iraq, and cut back dramatically on the unwinnable war in Afghanistan.

He gave us the possibility of ending the threat of Iran as a nuclear power, and opened up a new relationship with Cuba, after 55 years of ignoring reality.

He accomplished through the use of technology and drones the elimination of thousands of terrorists worldwide, and took the gamble to bring justice to Al Qaeda leader Osama bin Laden.

He started moving the focus of American foreign policy to Asia and the Pacific, and kept good relations with America’s NATO allies, and kept Russia’s Vladimir Putin on edge. about how America would react toward his aggressive stands.

He made climate change worldwide a crucial focus, and participated in international agreements, and accepted science over conspiracy theories, and made us realize global warming was a danger to American national security.

He took an economy that was the worst since the Great Depression, what is called the Great Recession, and turned it around, with the greatest job growth over eight years in American history, the greatest stock market growth, and the greatest drop in the unemployment rate that has occurred in any administration.

He accomplished in health care what Presidents since Theodore Roosevelt to Franklin D. Roosevelt to Harry Truman to John F. Kennedy to Lyndon B. Johnson to Richard Nixon to Bill Clinton to George W. Bush had been unable to do.

He brought about the revival of the American auto industry, and advanced the rights of workers to overtime pay and increased minimum wage, and the rights of consumers through the creation of the Consumer Financial Protection Bureau.

He advanced women’s rights, including to equal pay, and gave DREAM kids a reprieve from possible deportation, and promoted the idea of universal pre school and community college education, and worked to try to deal with the student loan crisis.

He advocated fair treatment of Muslims in America, and became the champion of gay equality in the military, gay rights in society, and gay marriage and transgender rights.

He became a great advocate of the environment, adding to our national parks and national forests and endangered sites, and continued the tradition of earlier exceptional environmental Presidents, including Theodore Roosevelt, Franklin D. Roosevelt, John F. Kennedy, Lyndon B. Johnson, Richard Nixon, Jimmy Carter, and Bill Clinton before him.

He utilized executive orders to expand the rights of the American people, and worked for legal and judicial reform, and appointed Sonia Sotomayor and Elena Kagan to the Supreme Court.

He cared about the weak, the powerless, and the forgotten groups in American society, and set a good moral basis in his own life and that of his family, becoming a model for young people as to how a President should conduct himself.

He avoided lashing out at those who promoted bigotry, and also showed emotion after his failed attempts at immigration reform and gun safety legislation. He had real tears, emotions, and sincerity in the Oval Office, which has hardly ever seen that, and hard to think of any earlier President quite like Obama.

He also faced the greatest number of threats of any President since Abraham Lincoln, as delineated in my Assassinations book, and demonstrated great courage and equanimity in waking up every day, knowing he was a target for hate mongers who wished him and his family ill will.

And finally, he had two terms of office without any hint of a personal, or otherwise, major scandal!

So Barack Obama was a FINE MAN, a different spelling of this author’s and blogger’s last name, and he will rise in the Presidential rankings to the top ten, and likely higher in the middle of the top ten at some point in the future, as he was truly a transformational President!

Goodbye, President and Mrs Obama, we will miss you, and wish you many decades of good health, prosperity, and happiness, as you continue to contribute to American betterment! God bless you both!

The Contradictory Public Opinion Polls On Midterm Elections Of 2014

With 30 days to go to the Midterm Elections of 2014, the public opinion polls are again proving how unreliable they really are!

The Republicans are claiming, and many polls are indicating, that the party of obstruction and negativism; the party that wishes to privatize Social Security and Medicare; the party that denies Medicaid coverage to millions in many states; the party that has no alternative to ObamaCare; the party which has demonstrated racism, misogyny, nativism, and lack of concern for the middle class; the party which is promoting religion in government which the Founding Fathers opposed; the party which refuses to cooperate even on the ISIL (ISIS) crisis by coming back to Washington to debate and vote on what should be done; the party which has lied consistently and assumes that the American people are dupes who will accept any propaganda they spew forth; somehow is going to win control of the US Senate, and retain most Governorships, despite their pitiful record of being captive to the Tea Party Movement!

On the other hand, the Democrats, who should be proud of what has been accomplished by the Obama Administration, and the kinds of principles they espouse, is running scared, even though many polls indicate that the Senate will stay Democratic, and that most incumbents will win their reelection campaigns, and that the Democrats will take away the Tea Party Governorships of many Republicans.

While no one can say for sure, 30 days out, that the Democrats will perform well, it is hard to believe that the middle class of America, the women, the minority groups, labor, environmentalists, and other progressive groups will not realize the importance of voting, in order to guarantee the long range success of the Obama Presidency, which has now presided over 55 straight months of job growth, a record in modern times, and this pointed out by the conservative journal, FORBES Magazine!

Stock Market Revival Under Barack Obama: Wonderful, But Not Time To Declare Victory!

Three years into the Obama Presidency, and the great news is that the stock market has seen a tremendous revival under his watch.

Yesterday, the stock market reached a level unseen since before the economic collapse of 2008 and the Great Recession, as the Dow Jones reached its highest level in four years, and the Nasdaq reached its highest level in eleven years.

With a 5,000 point gain since the Obama inauguration, there is a temptation to think that the economic decline is over, but that would be unwise to believe. There is still too much unemployment, and too many people who are underemployed, so it is not a time to declare victory in any shape or fashion. 8.3 percent unemployment is the lowest in three years, but not good enough to rest on one’s laurels.

However, if Obama can bring about or have the fortune that at least 150,000 jobs are created every month from now on, with last month bringing 250,000 growth in jobs, then the unemployment rate will go below 8 percent, and the odds of Obama winning a second term will be greatly enhanced.

The point is that Mitt Romney and other Republicans will have less of an issue to use against Obama if that growth occurs, and already, one can see that Romney is having problems being coherent in his reaction to the job and stock market gains.

The long range issues of foreign policy and defense and national security, and the significance of the federal courts and the Supreme Court, will, hopefully, start to come to the forefront, as in the long run, these are the more important issues for the future of the nation.

Unemployment Rate Down And Job Growth Up For Barack Obama: Important Turning Point!

The unemployment rate in December fell to 8.5 percent, the lowest it has been in nearly three years, and over 200,000 private sector jobs were created, making for a total of 3.2 million private sector jobs created in the past 22 months!

After a very difficult 2009 and a stagnating few months in 2011, creating doubts about economic recovery, it seems as the economic revival which has been wished for since the economic collapse of 2008-2009 has finally turned the corner.

Barack Obama had said that unemployment, which reached a high of 9.6 percent in 2009, would fall below 8 percent. It now seems possible that the rate will continue to plummet, and may reach the 8 percent level by the fall, just in time for the election.

History tells us that a President is reelected IF the unemployment rate is declining at the time of the election.

Considering that Barack Obama has done so much good for the country, despite GOP obstructionism, it is hoped that the unemployment rate will continue to fall, and by history, therefore, guaranteeing his reelection against weak, uninspiring GOP opposition.

Republican Solution To Jobs Crisis: Promote Importation Of Dangerous Snakes, Including The Burmese Python, Already A Major Threat To Everglades!

In the midst of the jobs crisis in America, members of the House of Representatives Republican majority are holding hearings trying to prevent an end to the transportation and importation of nine varieties of snakes, including the Burmese Python, Boa Constrictors, and Anacondas, that have become to inundate the Florida Everglades, posing a risk to other species, and ultimately, to humans! We have the report of a Burmese Python swallowing a live alligator whole and then exploding from the effect of doing it!

A snake breeder testified that the ban proposed by Florida Democratic Senator Bill Nelson and Interior Department Secretary Ken Salazar, would interfere with the right of snake owners and snake breeders to purse their hobby and livelihood, and prevent them from moving interstate!

Are we living in an insane society, which already allows the abuse of gun ownership, to the detriment of thousands of innocent victims every year, by saying that there should be allowance for BREEDING of snakes that are dangerous to all of us, and come from tropical climates in Asia, Africa and Latin America? Is it necessary for one to pursue his hobby or livelihood in an “industry” which already is laying havoc in the Everglades, killing various species and threatening Floridians who go into that national park?

It is guaranteed that the snakes, particularly the extremely dangerous Burmese Pythons, which number 100,000 in the Everglades by reckless breeding and escapes from captivity, will start to spread not just through all of Florida, but eventually be a threat all over the United States!

This is a clear and present danger to our security, and yet the Republicans latch onto this insane proposal as an interference to job growth! It makes one wonder about their ethics, their sense of right and wrong, their understanding of human needs!

We do NOT need to engage in such dangerous “commerce” in order to revive our economy, and if such a law passes by some looney reasoning that it is necessary, President Obama needs to veto it and send it into the dustbins of history, making the Republicans who sponsored it look as what they are: CRAZY LUNATICS!