The Trump Economic Paradigm Change

News Worth Mentioning

Latest News

News from Europe

Science Tech Med News

Climate Change
A Political Tool


Second Amendment News

Socialism News

Mauldin City News

Posts on Twitter

Political Cartoons

News Archive
  2020 Jan.-Jun.
  2019 Jan.-Jun.,
Jul.-Dec.
  2018 Jan.-Jun.,
Jul.-Dec.
  2017 Jan. 1-20,
Jan. 21-Dec.
  2016 Post-Election,
Pre-Election

Be sure to check out
our list of other
News Sources
Worth Mentioning




privacy search engine

Friends dont't let
friends get tracked


Go to top

Political Commentary
Home Page


All Skills Are Learned
and the Method Is Key


The Foundations
of Freedom


Everyone is Smart but Trump

Climate Change
A Political Tool


Politics Trumps Economics Redux

Who Are the Good Guys?

Slavery Today!

Justice Clarence Thomas and the Lost Constitution

Politics Trumps Economics

The World's Second Constitution

Why America is Great

President Trump
in pictures


US stocks a better buy

Economic Arteries

The Left against
the First Amendment


Is a Stock-Market
Bubble Coming?


Individual Rights
States' Powers


Thanksgiving Toast
to the Old Breed


Honoring
George Washington


Business As Usual
at the White House


Patriotism

Who Gets To Decide?

America Rebounds!

The Trump Economic
Paradigm Change


What's wrong
with the EU


The Trump Presidency

The Election -
What Happened?
First Monday speech
5 December 2016


Mike Rowe on
Burning the Flag


Socialism means
giving your freedom
to the government


Second Amendment

Responsibility

This is Hillary

Where We Live

Honorable Politicians

Education

Citizen Politicians

So You Want Socialism?

Authorized Not Imposed

Against Rights and Freedom

Sustainability
vs. America


Speech to County GOP

The Economy

Being America

The Individual
vs. Statism


To-Do List

Unite or Die

Lost Trust

Quotable Quotes

Go to top


1 March 2017

Under the constant threats, actions, and efforts of President Obama, such as burdensome taxation, destructive regulations and controls, derisive and scornful anti-capitalist rhetoric - "You didn't build that" - and public denouncements, and a generally anti-business atmosphere, American businesses severely curtailed new investments and new jobs.

For Obama's eight years, they only made investments when absolutely necessary, to maintain their fraction of their existing markets vs. competition from other busineses. And the result could be seen in the Dow: while it steadily recovered from the 2008 Great Recession, it was never strong, and never included the significant creation of new jobs. Unemployment levels stayed low only because people left the job market; i.e., many people stopped looking for jobs.

Further, in a mood of American decline, also fostered by Obama (not unlike President Jimmy Carter's "malaise"), assets, money, plants, jobs, etc., left the United States, destined for other countries. This protected a company's survival in the face of what seemed a virtually imminent severe decline for the U.S.

Whether one supposed Obama's wish to turn the U.S. into a third-world country, or to dismantle America's military, or that Obama would not defend America's interests - and existence - militarily in the face of any threats, the misgivings existed all the same.

With Trump's win of the Presidency and the concomitant attitude which he purveys, that muted and pent-up investment strategy has been washed away, by a floodgates-open torrent of innovative growth. The unleashed explosive result - from millions of Americans who did build that - of this upbeat dynamism is obvious: the Dow was below 18,000 prior to the election. Now it is more than 3,000 points higher - growth of nearly 18% in three months!

The Dow represents - and is - an indicator not just of the current market value of busineses, but also of the anticipated future value of those businesses; i.e., of the current and anticipated growth (or decline).

That growth or decline is reflective of the current and anticipated levels of freedom which people - businessmen, investors, and the general populace - will experience, vs. the oppressive and stifling atmosphere of a would-be despot.

Economic freedom is the same as personal freedom; they are not separate. Hurt one and you hurt both. They are one and the same: the ability of any person to live his life free of oppression, making his own decisions on where to put his time, his efforts, and his money - i.e., his pursuit of happiness.

The changes since the election of November 2016 can be seen in economics, in the approval ratings of the new President, and in the attitudes of most Americans.

The future looks a whole lot brighter for everyone.

-- Scott

Go to top