Source: Daniel John Sobieski
Those switching between coverage of the impeachment proceedings on Fox News and the signing of the Phase 1 China trade deal saw the stark election choice between the two parties and their priorities, between President Donald J. Trump and those Lilliputian Democrats who would remove him from power. Trump offers continued growth and prosperity freed from the power of government and the shackles of a command economy. The comedy team of Pelosi, Nadler, and Schiff offer a palace coup to undo the hopes and free choice of the American people and lead to economic collapse and a Third World justice system where there is no due process, no right to confront your accuser, or to call witnesses in your defense, and an Alice-In Wonderland world where hearsay and presumption trumps, no pun intended, actual facts, actual crimes and real evidence..
Ironically, the China trade deal is the ultimate quid pro quo, doing more to boost Trump’s reelection chances than any Ukrainian phone call, real as in a transcript Democrats ignore, or imagined as in Adam Schiff’s feeble screenwriter wannabe imagination. America gets more winning, more economic growth and prosperity. China gets a deal its staggering economy badly needs after being confronted by an Uncle Sam with sleeves rolled up, not hat in hand.
The Democrats want to cook the goose laying the golden eggs and redistribute them. Trump is more worried about the health of the goose. It is they who are interfering with our elections, not the Russians or the Ukrainians. Maybe colluding with the Chinese to increase the economic well-being of both countries is an impeachable offense. “Can we please have a transcript of all the phone calls between the White House and China?”
The Democrats want power, pure and simple, Trump wants — wait for it — power to the people as they control their own lives with their own money, have jobs for the first time in years, maybe the first time ever, as rising incomes and fat 401-Ks and pensions fuel their dreams for themselves and their children.
When Chinese Vice Premier Liu He and President Trump signed the deal Wednesday it put the lie to the Democrats’ mantra that Trump is a danger to the America people and their well-being. The China deal, along with USMCA and a deal with a Britain freed from the European Union, promises boundless growth and opportunity and jobs, jobs, jobs. So many jobs that even Hunter Biden could find one.
On the day of the China trade deal, the Democrats asked for the removal of the duly elected President who unleashed America’s entrepreneurial spirit, unchained American energy development, slashed oppressive regulations, cut taxes and fostered real wage growth, pulling people off the couch and out of mommy’s basement and into the workforce. By impeaching the President, Democrats hope to repeal the tax cuts, restore the regulations, ban cars and cows, offer free education and free health care. They offer economic collapse with programs that can’t be paid for while punishing success and rewarding failure. Soak the rich? They want to waterboard the rich.
The China trade deal’s first phase is not a perfect deal, or a final one. But it signals another major step in Trump’s plan to put America, the American taxpayer and consumer, and particularly the American entrepreneur first:
The USTR (U.S. Trade Representative) has also said the deal reiterates U.S. opposition to currency manipulation and a commitment by China to buy at least $200 billion in U.S. exports over two years including manufactured goods, food, agricultural, energy products and services.
Estimates of the value of goods by industry the White House believes Beijing will buy include about $80 billion in manufactured goods, $53 billion in energy, $32 billion in agriculture and $35 billion in services.
Andy Puzder, successful business leader and once Trump’s nominee for labor secretary, summed up the benefits of the China trade deal in an opinion piece for Fox News:
It is a huge deal, fulfilling yet another Trump campaign promise and confirming his strategy of using America’s enormous economic leverage to compel our trading partners to deal with us fairly….
the president was able to announce “an historic and enforceable agreement on a Phase One trade deal that requires structural reforms and other changes to China’s economic and trade regime in the areas of intellectual property, technology transfer, agriculture, financial services, and currency and foreign exchange.”
The current strength of American’s labor market, rising wages, plentiful jobs and declining income inequality are all a direct result of President Trump’s successful policies, and we are all benefitting. With deals like the USMCA and China Phase One, prosperity is likely here to stay for quite some time.
Indeed, if the USMCA, delayed by Pelosi and the Democrats while they worked on impeachment, is any indication of the possible impact of a China deal, fasten your seat belts. USMCA will provide those good-paying jobs that Pelosi’s climate accord would destroy:
The Office of the United States Trade Representative today released an analysis of the estimated impact the United States-Mexico-Canada Agreement (USMCA) will have on investment and jobs in the U.S. automotive sector. The analysis, based in large part on information provided by North American automotive manufacturers, estimates that over a five-year period the USMCA will result in:
- $34 billion in new automotive manufacturing investments in the U.S.;
- $23 billion in new annual purchases of U.S.-made automotive parts; and
- 76,000 jobs in the U.S. automotive sector.
Critics have tried to minimize the impact of the USMCA on the overall U.S. economy, but the fact is that Canada and Mexico are our two largest trading partners, ahead of China, and the impact would not be insignificant, reports Fox Business:
A new trade agreement between the U.S., Mexico and Canada would add $68.2 billion to the U.S. economy and create 176,000 new jobs, according to a study from the International Trade Commission released on Thursday….
“The USMCA is a win for manufacturers. This agreement will level the playing field for manufacturers in the United States and support the 2 million American manufacturing jobs that depend on our exports to Canada and Mexico,” said Linda Dempsey, vice president of international economic affairs at the National Association of Manufacturers.
Trump’s rising tide is lifting all boats. Median household income, for example, a better measure of economic gains than most, has soared under President Trump’s economic and trade policies:
Real median household income has grown by $4,144 or 6.8 percent since President Trump took office, according to an op-ed published in the Wall Street Journal.
This data is based on a report released by Sentier Research analyzing the Census Bureau’s monthly Current Population Survey.
As noted in the op-ed, authored by Stephen Moore, real median household income is at an all-time high:
“Real median household income — the amount earned by those in the very middle — hit $65,084 (in 2019 dollars) for the 12 months ending in July. That’s the highest level ever and a gain of $4,144, or 6.8%, since Mr. Trump took office. By comparison, during 7½ years under President Obama — starting from the end of the recession in June 2009 through January 2017 — the median household income rose by only about $1,000.”
Wage growth has risen for the first time in decades with growth significantly higher percentage wise at the lower income levels. The China trade deal will only accelerate our economic, job, and wage growth. Our boats will continue to rise unless the Democrats drill holes in the bottom through impeachment.
On Wednesday, we saw a tale of two cities — one a shining city on a hill being rebuilt by President Trump — or one giant homeless shelter offered by the Democrats should they oust him. Your choice, America.