unemployment

THIS IS WHY WE LOVE TRUMP: Trump talks about the Greatest U.S. economy under his presidency

In a series of tweets, Trump said

“trillions of dollars have been created for the U.S. and the stock market is up over 50%.”

— Donald J. Trump (@realDonaldTrump) September 2, 2019

He then quoted political commentator Steve Hilton, who said unemployment hit a 50 year low this year, and the U.S. has seen the lowest ever African American and Hispanic unemployment.

Trump Economics. With President Trump, Tariffs are bringing companies back to the USA like he said they would! @SteveHiltonx

THIS IS WHY WE LOVE TRUMP

Earlier Wednesday, Trump also said Democratic 2020 hopefuls, specifically former vice president Joe Biden and Sen. Kamala Harris, D-Calif., will lead the U.S. into an “economic sinkhole” if elected. He also claimed America would have experienced a “Great Recession/Depression” if he had not been elected in 2016.President Trump late Wednesday tweeted a response to CNN’s Democratic debate and said none of the candidates would keep up what he sees as momentum in the country.“…It will soon be time to choose to keep and build upon that prosperity and success, or let it go. We are respected again all around the world. Keep it that way! I said I will never let you down, and I haven’t. We will only grow bigger, better and stronger TOGETHER!,” Trump said. “The people on the stage tonight, and last, were not those that will either Make America Great Again or Keep America Great!” Trump began in a series of tweets around midnight. “Our Country now is breaking records in almost every category, from Stock Market to Military to Unemployment. We have prosperity & success like never before..” the president continued. “The people I saw on stage last night, & you can add in Sleepy Joe, Harris, & the rest, will lead us into an economic sinkhole the likes of which we have never seen before. With me, only up!” Trump said before the second debate Wednesday night.CLICK HERE TO GET THE FOX NEWS APPAN ENERGIZED BIDEN PUNCHES BACK AGAINST HARRIS, OTHERS IN HEATED DEBATE

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Richmond Mayor Levar Stoney also resigned from a planning committee in protest. Caucus members said they will also boycott the rest of a weeklong series of events marking the 400th anniversary and have instead planned alternative commemorations Tuesday in Richmond, Virginia’s capital. Trump’s comments about Cummings were the latest rhetorical shot at a lawmaker of color to spark outrage. Earlier this month, Trump drew bipartisan condemnation following his call for four Democratic congresswomen of color to get out of the U.S. “right now.” Caucus chair Del. Lamont Bagby said in an interview the group unanimously reached the boycott decision more than a week ago. But he said the president has “continued his attacks” since then and his remarks about Cummings’ district were more of the same. Virginia’s black state lawmakers announced Monday they will boycott a ceremony this week commemorating the beginnings of American democracy because President Donald Trump is scheduled to attend. Trump will join national and state leaders and dignitaries at Tuesday’s event, a commemorative session of the Virginia General Assembly at which Trump is to deliver remarks. White House press secretary Stephanie Grisham said Monday that the caucus was pushing “a political agenda.” “The commemoration of the birth of this nation and its democracy will be tarnished unduly with the participation of the President, who continues to make degrading comments toward minority leaders, promulgate policies that harm marginalized communities, and use racist and xenophobic rhetoric,” the caucus said in a statement. The convening of a legislative assembly in 1619 formed the basis of today’s representative system of government in the United States. The Virginia General Assembly is considered the oldest continuously operating legislative body in North America. The caucus’ statement did not specifically mention Cummings but said Trump’s “repeated attacks on Black legislators and comments about Black communities makes him ill-suited to honor and commemorate such a monumental period in history.” When the Richmond Times-Dispatch first reported earlier in the month that Trump would take part in the event, top Democratic lawmakers said they would not attend. Republican Senate Majority Leader Tommy Norment said at the time that their decision was “disappointing and embarrassing.” The Virginia Legislative Black Caucus said its members would not attend Tuesday’s event in historic Jamestown marking the 400th anniversary of the first representative assembly in the Western Hemisphere. The boycott comes after Trump’s weekend comments referring to Maryland Democratic Rep. Elijah Cummings’ majority-black Baltimore-area district as a “disgusting, rat and rodent infested mess.” Tuesday’s events are just one part of a yearlong commemoration called American Evolution meant to honor key milestones in the state’s colonial history, including the 400th anniversary of the arrival of the first recorded Africans in English North America. “President Trump passed criminal justice reform, developed opportunity zones securing record-setting investment in distressed communities, and pushed policies that created the lowest unemployment rates ever for African Americans, so it’s a bit confusing and unfortunate that the VLBC would choose to push a political agenda instead of celebrate this milestone for our nation,” she said in a statement.

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Rep. Ilhan Omar, D-Minn., and other Democrats united in condemning President Trump on Wednesday night after the crowd at a North Carolina “Make America Great Again” rally broke out in a striking chant of “send her back” while the president criticized Omar and other members of the so-called progressive Democrat “squad.”

The three words referred to Trump’s tweet on Sunday in which the president said unnamed “Democrat Congresswomen” should go back and fix the “corrupt” and “crime infested places” from which they came and then “come back and show us how it’s done.”

The president later all but affirmed he was referring to Omar, as well as Reps. Alexandria Ocasio-Cortez, Rashida Tlaib, and Ayanna Pressley — all of whom, except Omar, were born in the United States. After a historic floor fight, the Democrat-controlled House of Representatives formally condemned Trump’s comments as “racist” on Tuesday.

“Let ’em leave …  they’re always telling us how to run it, how to do this, how to do that. You know what? If they don’t love it, tell ’em to leave it,” Trump said at the rally, doubling down on his earlier comments.

In response on Wednesday evening, Omar quoted civil rights activist and poet Maya Angelou on Twitter: “You may shoot me with your words, You may cut me with your eyes, You may kill me with your hatefulness, But still, like air, I’ll rise.”

She also retweeted a post from California Rep. Ted Lieu, a Democrat, calling out the “racist chant” and urging people to “vote, donate & organize like never before” to save “the soul of our country.”

Omar also retweeted Minnesota State Sen. Matt Klein’s message of support.

“Congresswoman Omar is staying here,” Klein wrote. “I welcome your opinions on her policies. But if you think you are more American than her, you don’t know what America is, and it is you that should leave.”

In his wide-ranging rally Wednesday, Trump went point-by-point, member-by-member, as he unloaded on the squad. Trump specifically slammed Omar saying she “smeared U.S. service members in ‘Black Hawk Down.’ She slandered the brave Americans trying to keep peace in Somalia” — a dig at her Somali-American heritage.

Trump also said Omar blamed America for the economic crisis in Venezuela and refused to condemn Al Qaeda.

Trump then moved on to his critique of Tlaib, saying she “used the F-word to describe the presidency and your president.”

“That’s not nice, even for me,” Trump said. “That’s not somebody who loves our country.”

The president then took aim at Ocasio-Cortez, whom he mocked for her “three different names” as well as saying she inaccurately described the migrant holding facilities at the southern border as concentration camps.

Of Pressley, Trump said the Massachusetts congresswoman “thinks that people with the same skin color all need to think the same. She said, ‘we don’t need any more brown faces that don’t want to be brown voices, we don’t need black faces that don’t want to be a black voice,’” a reference to remarks Pressley gave at a conference this past weekend. “Can you imagine if I said that?”

At the top of his remarks Wednesday night, Trump celebrated the House’s decision to shelve impeachment proceedings against him.

HOUSE VOTES TO KILL REP. AL GREEN’S RESOLUTION TO IMPEACH TRUMP

“I just heard that the United States House of Representatives has overwhelmingly voted to kill the most ridiculous project I ever worked on,” Trump said, referring to an impeachment resolution proposed by Rep. Al Green, D-Texas, that was widely opposed by House Speaker Nancy Pelosi, D-Calif., and other top Democrats.

“The resolution — How stupid is that? — on impeachment.”

Trump called the 332-95 vote to sideline the impeachment resolution Wednesday “totally lopsided” and a “slaughter,” and instead touted the strong economy and low unemployment numbers under his administration.

“And they want to try and impeach,” he said. “It’s a disgrace.”

Fox New’s Vandana Rambaran contributed to this report.

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National Economic Council Director Larry Kudlow Thursday praised Rep. Alexandria Ocasio-Cortez, D-NY, for her questions to Federal Reserve Chairman Jerome Powell, saying he would give her “high marks” and saying he’d like to meet with her to discuss economics. 

“I’m a supply-side conservative and so forth,” Kudlow told Fox News’ “Fox and Friends.”

“I want to note in the hearings yesterday with Fed Chairman Jay Powell it was Ms. AOC who asked him about the Phillips Curve.”

The economic theory represents the relationship between inflation and the unemployment rate, finding that when unemployment is high, wages increase slowly, but when it’s low, wages go up rapidly. 

During a hearing on Wednesday, Powell largely agreed with Ocasio-Cortez when she said economists are concerned that the curve is “no longer describing what is happening in today’s economy,” and Kudlow said he agrees. 

“By the way, that is my position,” said Kudlow. “That has been the president’s position. Strong growth doesn’t cause higher inflation and interest rates. It looks like the Fed is going to have to cut their rates.”

And, he added, “nobody in life is all good or all bad…I’ve got to give hats off to Ms. AOC. She kind of nailed that. I’m hoping she and I can sit down to talk supply-side economics very soon.”

He further noted that there was a large jobs number that came out last Friday, and the nation is in a “powerful prosperity cycle because of pro-growth policies on taxes, regulation, trade reform, energy and so forth. There is no stopping it.”

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Trump saluted America in A #MAGA July 4 event, despite critics, What Do you Think About His Speech?

Trump salutes America in elaborate July 4 event, despite critics — and a downpour of rain
Despite concerns that he would use the Fourth of July event as a glorified campaign rally, President Trump used his “Salute to America” speech Thursday evening to praise the men and women of the armed forces and American exceptionalism. With the Lincoln Memorial as a backdrop and flanked by camouflaged See More Bradley fighting vehicles, Trump stuck mainly to the script during his speech – praising the spirit that “runs through the veins of every American patriot” and attempting to strike a more unifying and conciliatory tone than he is generally known to take.

While Trump’s speech set a unifying tone, the lead-up to the event was far from harmonious – with Trump’s opponents,especially 2020 Democratic presidential candidates, slamming him on everything from the cost of the event to the perceived exploitation of the holiday for a political purpose. Two outside groups, the National Parks Conservation Foundation and Democracy Forward, want the Interior Department’s internal watchdog to investigate what they say may be a “potentially unlawful decision to divert” national parks money to Trump’s “spectacle.”

White House seeking all options on citizenship question for 2020 census
President Trump on Thursday doubled down on his push for a citizenship question on the 2020 Census, promising that his administration is “working very hard” on the controversial issue — as reports say he is mulling using an executive order to get the question on the census. “So important for our Country that the very simple and basic ‘Are you a Citizen of the United States?’ question be allowed to be asked in the 2020 Census,” he tweeted. He added that the Commerce and Justice departments were “working very hard on this, even on the 4th of July!” Earlier this week, Commerce Secretary Wilbur Ross announced that his department was going ahead with the printing of the census without the citizenship question, apparently indicating that the administration had dropped the controversial issue. That decision came after a Supreme Court ruling last week that blocked the citizenship question for the time being until more reasoning from the administration was provided.

Ocasio-Cortez calls border officials liars after new report on offensive Facebook posts
In a Twitter message Thursday, Rep. Alexandria Ocasio-Cortez, D-N.Y., branded the leadership of U.S. Customs and Border Protection as liars after a news site reported that CBP officials knew much longer than they claimed about a Facebook group on which some past and current CBP employees had posted offensive material. Ocasio-Cortez was the subject of some of this material. ProPublica, a self-described non-profit news group, reportedly has obtained screenshots of doctored images of Ocasio-Cortez, including one that shows a smiling PresidentTrump forcing her head toward his crotch.

According to Politico, top CBP officials had known about offensive posts “for up to three years” – even though officials claimed this week that they had only recently learned about them. “Looks like CBP lied,” Ocasio-Cortez charged Thursday, one day after the Politico story appeared. “Reporting shows they knew about it for *years.* This is a big deal.”

Ted Cruz schools Kaepernick, adds ‘context’ after ex-NFL star quotes Frederick Douglass ‘Fourth of July’ speech
Sen. Ted Cruz responded Thursday night after former NFL quarterback Colin Kaepernickposted a passage earlier on the Fourth of July from a famous speech by Civil War-era abolitionist Frederick Douglass. The passage Kaepernick cites is from Douglass’ speech, “What to the Slave is the Fourth of July?” Douglass delivered to the speech at a meeting of the Rochester Ladies’ Anti-Slavery Society in Rochester, N.Y., on July 5, 1852 – nearly nine years before the Civil War began.

Kaepernick posted the following portion, without adding any comments: “What have I, or those I represent, to do with your national independence? This Fourth of July is yours, not mine…There is not a nation on the earth guilty of practices more shocking andbloody than are the people of these United States at this very hour.” “You quote a mighty and historic speech by the great abolitionist Frederick Douglass,” Sen. Cruz writes in response, “but, without context, many modern readers will misunderstand.”

Closely watched June jobs report to be released Friday
Wall Street will be closely watching Friday’s release of the June jobs report, which could provide insight into whether the Federal Reserve will cut interest rates at its July meeting. As the U.S. enters the longest economic expansion on record, investors are looking at the Department of Labor’s monthly payroll and unemployment data for signs that the rapid job growth over the past two years is softening and lending way to an overall growth slowdown.

TODAY’S MUST-READS
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Trump donor among seven Americans killed in copter crash in Bahamas.
Meghan McCain ‘in talkso r’ teturn to ‘The View,’ but ‘some things need to change’: report.

MINDING YOUR BUSINESS
US energy independence race producing tons of oil, not so much profit.
These are the most patriotic brands in the US, consumer report reveals.
Presidential salaries, from George Washington to Donald Trump.

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