Unemployment Rate

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.

Barack Obama Produced An Economic Miracle Without War, Better Than FDR, But Not Acknowledged By Donald Trump

This blogger saw a headline on MSNBC yesterday, stating that the stock market was on an upward spiral for the 8th year in a row in 2017.

That is correct, and Donald Trump keeps on reminding us of that fact.

But what he and the cable station did not make clear with that headline, is that the stock market has been going up steadily since 2010, the second year of the Barack Obama Presidency.

Obama had SEVEN years of economic growth, and the stock market up went up more than 250 percent in those eight years, unmatched in American history.

Additionally, unemployment went from 10 percent when Obama came into office to under 5 percent when Obama left office, a truly magnificent accomplishment.

Obama had to deal with the Great Recession that occurred under George W. Bush, and he brought about a tremendous revival, greater than Franklin D. Roosevelt during the Great Depression, which he inherited from Herbert Hoover. FDR needed the war spending on World War II in 1939-1940, before we entered that war in 1941, to fully revive the economy.

So Obama had a greater success than FDR, and without America going into or about to enter into a major war.

That is no mean feat, and yet, Donald Trump acts as if the great economy he inherited was all due to him, and refuses to give any credit to Barack Obama. Trump is extremely lucky to have had a good economy when he entered office, unlike FDR and Obama, but that makes what they accomplished, even more impressive.

So the facts are that Barack Obama produced an economic miracle, which will help him to rise in rankings of Presidents in the future, from the present Number 12 in the C Span Survey of Presidential Scholars in January 2017.

Republicans Gave Us The “Panic” Of 1873, “Panic” Of 1893, The Great Depression, And The Great Recession, And Are Now Further Harming America With Tax Cuts For Wealthy And Corporations

The Republican Party gave us the Great Depression of 1929 under Herbert Hoover, caused by Republican policies under Calvin Coolidge.

President Franklin D. Roosevelt, the Democrats, and the New Deal programs saved millions of Americans in the years from 1933 to 1939, when the military buildup for a potential entrance into World War II finally led to a total recovery of the economy.

Earlier, in the 1870s, Republican President Ulysses S. Grant presided over the Panic of 1873, which lasted until 1879, also under a Republican Congress.

In the early 1890s, Republicans, under President Benjamin Harrison, undermined the economy, and as Democrat Grover Cleveland succeeded Harrison in the White House, America entered the Panic of 1893, which did not end until 1898, and entrance into the Spanish American War.

And in late 2007 until early 2009, we had the Great Recession under Republican President George W. Bush, the worst situation since Herbert Hoover and the Great Depression, and it took the entire Barack Obama Presidency to bring unemployment down from 10 percent to under 5 percent, and the stock market grew by close to 250 percent.

Obama accomplished a revival that was greater than FDR, and without going to war.

Now, the Republicans are trying to ram through a massive tax cut for corporations and the wealthy top one to two percent, which will further harm America. It is likely to lead to another Great Recession, made worse by the likelihood that the Republicans will attempt to undermine Social Security, Medicare, and Medicaid in 2018, because of lessened funding with the cut in taxes collected. This will force massive cuts in the social safety net of the New Deal of FDR and the Great Society of President Lyndon B. Johnson.

The Pure Ignorance And Stupidity Of Donald Trump Is Beyond Belief!

Donald Trump is supposed to be an intelligent man, but if one listens to much of what he says, one can come to the conclusion that he is extremely ignorant and stupid.

He claims to be smarter than everyone, and that his best advisor is who he looks at in the mirror.

So he tells us that climate change and global warming is a hoax.

He informs us that Korea was part of China.

He tells us that his First Hundred Days are the most accomplished of any President, forgetting Franklin D. Roosevelt.

He talks about Frederick Douglass as if he was still alive, although he died in 1895.

He informs us that ISIL (ISIS) is due to Barack Obama, although it is actually due to the Iraq War initiated by George W. Bush and Dick Cheney.

He claims that the unemployment rate and jobs report under him is fantastic, while repudiating similar figures in the last months in office of Barack Obama as fake statistics.

He says that Barack Obama left a mess, even though Obama created more jobs in his Presidency than any President, and left us with a tripling of the stock market and halved the unemployment rate when he came in, having inherited the worst economic conditions since Herbert Hoover and the Great Depression.

He lies about inauguration crowds, and the numbers at the New England Patriots White House event.

The man is a perpetual liar and deceiver of the facts, and yet has millions of clueless people still honoring him.

It is in many ways as if America elected a totally inept, unstable, ill informed leader, and yet not an issue to millions of gullible Americans, which says legions about them, and is a sign of the massive problems we face.

Alternative facts, which means pure right wing propaganda, is rampant, and millions of Americans are totally unaware of the realities of science and history, and simply believe what right wing media tells them.

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!

Obama’s Last “State Of The Union”: A Moment To Reflect On The Past Seven Years Of Accomplishment, And Set Future Goals!

Barack Obama gave a dazzling State of the Union address last night, showing flashes of the original Barack Obama at the 2004 Democratic National Convention, when he first came to public notice.

The President used this last major speech of his administration to set the record straight on what had been accomplished, and what he saw as his goals for the long term future of the nation.

Obama made clear that he will dedicate his post Presidency to a war on cancer; a seeking of criminal justice reforms; a promotion of the climate change agenda; and continuing to promote the struggle against international terrorism.

As we look back seven years, despite all of the bitter recriminations visited against the 44th President, we have to marvel at what he has accomplished:

A massive revival of the American economy, including halving the unemployment rate, more than doubling the stock market, and rescue of the auto industry. after the tragedy of the Great Recession.

A major social change on the issue of gay rights and gay marriage, the new human rights initiative of the 21st century.

A path breaking law, ObamaCare, which will have a long range effect, after fine tuning, as Social Security and Medicare  in earlier generations, so Obama is carrying on and adding to the legacy of Franklin D. Roosevelt and Lyndon B. Johnson.

The pursuit of diplomacy over engaging in more warfare, although using modern methods including drones, to pursue terrorism, and having major, unsung success, without committing our young men and women to the battlefield as cannon fodder!

The promotion of civil rights and equality on a level long overdue, to continue the legacy of Lyndon B. Johnson.

Barack Obama proved once again how compassionate and sincere a human being that he really is, a trait which will play well in history, and the odds of his Presidency being ranked as one of the more significant and transformative  in our history have greatly increased, as he nears the end of his time in the Oval Office!


Seven Years After The Collapse Of The American Economy, The Great Recession Is Over!

In 2008, the last year of the George W. Bush Administration, the American economy collapsed into the Great Recession, the greatest economic downturn since the Great Depression of the 1930s!

Now, seven years later, the Great Recession is finally over, and most American economists would say we are at “full employment”, with an unemployment rate of 5 percent!

Does anyone wish to argue that, magically, John McCain and or Mitt Romney would have brought about such a low unemployment rate any sooner than seven years, when the same situation arose under the New Deal of Franklin D. Roosevelt?

Twice, a Republican President brought down the economy, and a Democratic President revived the economy.

Both FDR and Obama were called Socialists, Communists, radicals, and extremists, and both faced great hatred from the elite wealthy.

The difference is that FDR kept a Democratic Congress, while Obama had to deal with an opposition House of Representatives for the last six years of his Presidency, and with an opposition Senate for the last two years of his  Presidency.

So in a way, Obama’s accomplishment may be all the greater!

It will take time for Obama to be appreciated for what he did for the economy, but the time will come, eventually.

At the same time, there clearly is a need for more to be done, as there are still too many people in our society, poorly educated and unmotivated, who need to be trained and helped to find stable employment, but a lot has been done, and it is appropriate to salute President Obama!

Los Angeles Minimum Wage To Go To $15 By 2020! Is This The Trend For The Nation?

The issue of the minimum wage has been a controversial one for the past decade, with the unwillingness of Congress to raise the minimum wage, which used to be raised automatically, based on the “cost of living” until the Presidency of Ronald Reagan.

Ever since, even despite occasional increases under George H. W. Bush and Bill Clinton, the argument has been that raising the minimum wage will cause more unemployment and raise prices for consumers dramatically.

But many say that is not the case, and that it is a situation of a basic human right, the ability to support oneself and one’s family, and that many of the people on the minimum wage are NOT young beginning workers, as claimed by critics, but rather people primarily of color who are single mothers with children.

Now Los Angeles has taken the bull by the horn, and mandated a $15 minimum wage in steps by the year 2020, and a few other localities, such as San Francisco and Seattle, have also raised the minimum wage, although not as high as Los Angeles.

There is a movement nationwide by fast food workers, and retail industry workers, to force an increase by demonstrations, with limited success at this time.

The fact is that IF the minimum wage was always based on the cost of living, the original minimum wage of 25 cents per hour in 1938 would not be about $22.00 an hour, so even what Los Angeles has mandated will happen, does not meet that standard.

President Obama has proposed a national minimum wage of $9 an hour, a small step forward.

It is clear that no worker, who works full time, should be expected to live in poverty, and if the rest of us must pay a higher price for goods and services, so be it!

Barack Obama After Six Years In The Presidency: On Way To Top Ten Of Our 43 Presidents!

As 2014 ends, Barack Obama is finishing his sixth year in the Presidency, and will officially mark that milestone on January 20, when he delivers the State of the Union Address to a joint session of Congress, controlled by the Republican Party, which has stood in his way, has been a constant barrier to anything Obama proposes, and hates the ground he walks on. Conservative talk radio and Fox News Channel, and conservative think tanks, would not be happy no matter what Barack Obama does or says. And there is a strong level of venal hate, very dangerous, that puts the President in the cross hairs of a potential threat to his life on a daily basis.

But despite all that, President Barack Obama has a record in office to be proud of, not perfect in any sense, but still outstanding enough to have a chance to end up in the top ten of our Presidents, if not immediately after leaving the White House, over a generation or more as time passes, and passions calm down, and particularly after Obama has passed away, an opportune time to reconsider the legacy of any President, particularly one so much maligned in his time!

The list of Obama accomplishments is endless, but key points include:

The adoption of ObamaCare, which will be seen as transformative over time, as much as Social Security and Medicare.

The successful tracking down and elimination of Osama Bin Laden, the perpetrator of September 11, 2001.

The ending of US military engagement in both Iraq and Afghanistan, two wars that were unwise to conduct in the first place.

The revival of the American economy, with 11 million jobs created; the unemployment rate below six percent; the greatest economic expansion since the Bill Clinton Presidency; the smallest increase in the deficit for the past decade; the 150 percent increase in the stock market; the lowest gas prices in five years; and the revival of the domestic auto industry.

The appointment of two Supreme Court Justices–Sonia Sotomayor and Elena Kagan, and some exceptional cabinet appointments, plus the best Vice President in American history, Joe Biden.

The promotion of gay rights and gay marriage, insuring the end of discrimination based upon sexual orientation.

The advancement of environmental concerns, including dealing with global warming and climate change.

The promotion of a tolerant attitude toward immigration reform.

The establishment of a new relationship with Cuba after 50 years of a failed policy.

The promotion of labor rights in a time when labor has been under attack.

The protection of women’s rights against right wing attempts to undermine the advancement of women in all spheres of American life.

The avoidance of engagement in new wars, which the right wing is always itching for.

The courage of Obama to go after terrorists in a way that limits US military involvement, but effectively has killed more terrorists than George W. Bush.

President Barack Obama was the the right person for his time, and will be seen as that in history. He has met racist attacks by refusing to show anger, but instead class and dignity! He has admitted failure, but also has confidence in the morality of his cause. Considering the extreme opposition he has faced, what he has accomplished is miraculous beyond belief.

Despite having presided over the rapid decline of Democratic majorities in both houses of Congress by vicious attacks and massive spending by right wing billionaires, he has made it clear that he will use executive orders to do what he feels must be done in the last two years of his Presidency. The right wing Supreme Court, with its Citizens United Case in 2010, and the lackadaisical attitude on voting of many Democratic constituent groups, has contributed to this decline in Democratic Party strength, but Obama has reacted by making clear that it will not deter his plans to make the nation a place better for the middle class and the poor.

President Barack Obama will NOT allow the prevention of further improvement of the New Deal and Great Society, and he is much to be admired, as a credit to the office he holds!

Alternate Universe Of The Right Wing On Barack Obama And The Economy

The Right Wing on talk radio and Fox News Channel, and the Republican Party nationally and locally, demonize Barack Obama on every subject imaginable, including the economy.

At the same time, the following is reality:

The stock market is at its all time high, about 150 percent above what it was when Barack Obama became President six years ago.

The unemployment rate is the lowest since the beginning of the Great Recession under George W. Bush in 2008, and millions of jobs have been created, with the number of jobs lost all regained, and new additional jobs created, and starting to be better paid jobs.

The increase in the deficit on the annual budget is the lowest it has been since the Bill Clinton Administration.

Ten million more people have health care now, due to the expansion of Medicaid and the adoption of ObamaCare, and health care costs have decreased for many.

The price of gasoline is the lowest in five years.

We have seen record corporate earnings in the pasty year.

Economic Growth, at five percent in the third quarter, is the highest since 2003.

The Obama public opinion rating shot up four points last month, the highest in nearly two years.

America has a positive view of the economy for the first time since 2007, when the economic decline began, and accelerated rapidly.

Considering that the Republican Party controlled the House of Representatives for 16 of the past 20 years, and the Senate for 13 of the previous 20 years, it is clear that Barack Obama has presided over a growing economic boom, as occurred under Bill Clinton, but did not under George W. Bush!