“It can’t be done”, they said. “There’s no way Trump can achieve 4.0% economic growth” they said.  The Congressional Budget Office said economic projections were “improbable”, they said….  “Impossible”, they said.
Yeah, well, Donald Trump said: “Impossible is just the starting point“.  And now:

NEW YORK (Reuters) – The U.S. economy is on track to expand at a 4.0 percent annualized pace in the third quarter with inventory investment contributing 1.12 percentage points to growth, the Atlanta Federal Reserve’s GDP Now forecast model showed on Thursday. (read more)

How is this possible?  Well, if you’ve never had to wash your hands with Lava – it might seem impossible.  For those who have washed with Lava, it’s simple common sense.
The Gross Domestic Product (GDP) growth, is the growth in value of all goods and services produced within the economy over a specified period of time.  A key part of that equation is the sum total of exported goods minus imported goods is part of the measure.  Only the stuff created in the U.S. increases the growth dynamic.  If you import more, the GDP shrinks.  It’s simple arithmetic.
If you grow exports, and maintain a constant on imported products, the net lowering of the trade deficit adds to GDP growth. It’s not a hard equation.  If our economy is making more stuff, our economy is growing.
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A new poll of economic sentiment provided by YouGov shows that almost twice as many people have a favorable view of the current economic climate amid the U.S. general population.  [Full pdf Available Here]
As noted in the chart below when comparing July 2016 to August 2017 the number of people with a favorable view of their own personal and national economic outlook has almost doubled.

(click to enlarge)

Question: Overall do you think the economy is getting better or worse?

• The Democrats who said things were “Getting Better” decreased from 28% to 14%.
• The number of Republicans who said “Getting Better” jumped from 5% to 53%.
• The total of the general public saying “Getting Better” jumped from 17% to 30%.

President Donald Trump has cancelled the Manufacturers Council and the Strategic Economic Advisory Board.  There are trillions of dollars at stake.  The members of the boards, and their representative companies, were being targeted by left-wing groups like Move-On.Org with boycotts and opposition.

There are massive international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform.  Believe it or not, President Trump is up against an entire world economic establishment.
I will outline how it works below; and when you understand how it works in the modern era you will understand why the agents within the system are so adamantly opposed to U.S. President Trump.
The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.
It doesn’t.
Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations.  Institutions like the World Trade Organization (WTO) and World Bank control trillions of dollars in economic activity.  Underneath that economic activity there are people who hold the reigns of power over the outcomes.  These individuals and groups are the stakeholders in direct opposition to principles of national economics.
The modern financial constructs of these entities have been established over the course of the past three decades.  When you understand how they manipulate the economic system of individual nations you begin to understand understand why they are so fundamentally opposed to President Trump.
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The first round of new NAFTA (North American Free Trade Agreement) negotiations begins today in Washington DC.  The U.S., Canada and Mexico begin the task of renegotiating a trade deal originally established in 1995. There are trillions of dollars in trade being discussed, and more substantively the basic principles behind a tri-lateral trade deal that has compromised U.S. economic growth are being reformatted and reestablished.
Most of the media presentations on the substantive issues are framed in falsehoods, deception and many outright lies.  The advancement of multinational corporations, and multinational financial constructs has eliminated the historic reference points still being used by the media to mislead the average consumer – EXPLAINED HERE –
NAFTA was/is a highly political trade deal that has severely compromised U.S. workers and U.S. manufacturers.  There may be as many as six rounds of negotiations as each economic sector is addressed.  However, the first round is essentially to establish the principles of priority for each trade nation.  Against the backdrop of America as the worlds largest economy and market, the entire globe is watching to see the outcome.
U.S. Trade Representative Robert Lighthizer delivers his opening remarks (video and transcript below).

This morning, @USTradeRep Ambassador Robert Lighthizer delivered an opening statement at the first round of #NAFTA renegotiations. pic.twitter.com/8h21Ednskf

— Department of State (@StateDept) August 16, 2017

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AMBASSADOR ROBERT LIGHTHIZER – This is an historic day for the United States. Today, for the first time, we will start negotiating to revise a major free trade agreement. American politicians have been promising to renegotiate NAFTA for years, but today President Trump is going to fulfill those promises.
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The transparency is obvious for anyone who has followed the history of motives behind U.S. business entities, and affiliates, who each have vested financial interests in global manufacturing exploitation to the detriment of America’s economic interests and U.S middle-class workers.
It would be laughable if their oppositional interest was not so consequential.  However, TEAM USA will prevail. Bigly. Believe it.  For many years CTH has been warning about the “trillion dollar stakeholders” in the multinational corporatism that infects the U.S. body politic. –Outlined HERE–

Toward that end manufacturing CEO’s, who have vested interests in retaining international manufacture of their products for U.S. market, took up positions aboard President Trump’s manufacturing council in an effort to steer the “America First” shift in economic policy.
Those CEO council voices initially convinced President Trump not to “scrap” the NAFTA trade deal and instead requested a “re-negotiation” therein.  However, on the eve of the actual re-negotiation taking place, and against the backdrop of looming and consequential trade sanctions against China, those same entities are facing a reality where the system enabling their continued indulgences is likely to be collapsed.  Because Trump.
The communist Chinese government is no longer trying to hide their prior insurance payments into the corrupt and exploitative economic policy of the U.S.
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The disrespectful, argumentative, arrogant and combative left-wing U.S. media apparatus was on full display today when President Trump concluded his remarks on infrastructure and opened the floor for questions.
As each media enterprise attempted to one-up the virtue signaling of the prior, the sheer scale of the media’s frenzied hatred and disrespect took center stage. WATCH:

President Trump is anticipated to deliver remarks from Trump Tower in New York City today following meetings with national business leaders and developers. The focus is on removing regulatory hurdles for massive infrastructure development. Anticipated start time 3:45pm to 4:00pm
UPDATE: FULL VIDEO ADDED

CTH will not be part of the insufferable media narrative that China and North Korea are detached and independent; that nonsense is just plain silly.  Beijing’s old communist guard tells Kim Jong-un what he can and cannot do.
That said, Beijing flinched. Kim Jong-un takes finger off trigger. It appears Guam has nothing to worry about for the moment.
SEOUL (Reuters) – North Korea’s leader Kim Jong Un received a report from his army on its plans to strike the area around Guam and said he will watch the actions of the United States for a while longer before making a decision, the North’s official news agency said on Tuesday.

“The United States, which was the first to bring numerous strategic nuclear equipment near us, should first make the right decision and show through actions if they wish to ease tensions on the Korean peninsula and prevent a dangerous military clash,” Kim was cited as saying in the report by KCNA.
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Forget the social chaff and political countermeasures being promoted in the media. It is all manufactured distraction.  It’s MONEY that matters to the powerful interests in the upper suites of the corporate media apparatus.

Everything, e.v.e.r.y.t.h.i.n.g, every story, is circling the upcoming economic and financial trade confrontations.  There are trillions at stake and President Donald Trump is facing off against the international “BIG CLUB”.  The purchased multinational political entities who operate within the massive and institutional multinational corporate and financial networks behind the World Bank and World Trade Organization.
NAFTA re-negotiations are set to begin in Washington DC this coming Wednesday. President Trump is meeting with Trade Team U.S.A tonight.

♦ Last week Mexico’s Economic Minister Ildefonso Guajardo threatened to flood the U.S. with illegal aliens, South American gangs and massive illegal drugs shipments if the U.S. doesn’t keep favor with Mexico in the trilateral trade deal. –LINK–

♦ Now today, Canadian Foreign Minister Chrystia Freeland states that Canada will walk away from re-negotiated NAFTA if Chapter 19 trade dispute resolutions are not retained. –LINK–

What Canada seeks to keep is a dispute mechanism that specifically politicizes the NAFTA trade resolution process.  Chapter 19 establishes a bi-national panel who make binding decisions on complaints about illegal subsidies, dumping, manipulation of trade and possible countervailing duties.
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During an afternoon announcement with Commerce Secretary Wilbur Ross, Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer, President Trump announced the launch of section 301 trade investigations into China’s business practices for theft of U.S. technology and violations of U.S. intellectual property rights.
Perhaps the most overlooked portion of the remarks from President Trump happened as he sat down to sign the Presidential Memorandum authorizing the official investigation:

…This is only the beginning folks. This is only the beginning…

For approximately 30 years China has been engaged in a unidirectional trade war against the United States of America; facilitated and enabled by both Democrats and Republicans who have been purchased by multinational and corporate lobbyists to block any effort to defend our U.S. interests.  The biggest victims have been U.S. middle-class workers.
Today, for the first time in modern U.S. history, a singular President stood up and began what will be an arduous process of fighting back, defending the U.S. economy and balancing the rights of U.S. workers and companies with “fair” and “reciprocal” trade.

Section 301 of the Trade Act of 1974 provides the United States with the authority to enforce trade agreements, resolve trade disputes, and open foreign markets to U.S. goods and services. It is the principal statutory authority under which the United States may impose trade sanctions on foreign countries that either violate trade agreements or engage in other unfair trade practices. When negotiations to remove the offending trade practice fail, the United States may take action to raise import duties on the foreign country’s products as a means to rebalance lost concessions. (LINK)

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