Traditional economic principles have revolved around the Macro and Micro with interventionist influences driven by GDP (Gross Domestic Product, or total economic output), interest rates, inflation rates and federally controlled monetary policy designed to steer the broad economic outcomes.
Additionally, in large measure, the various data points which underline Macro principles are two dimensional. As the X-Axis goes thus, the Y-Axis responds accordingly… and so it goes…. and so it has historically gone.
Traditional monetary policy has centered upon a belief of cause and effect: (ex.1) If inflation grows, it can be reduced by rising interest rates. Or, (ex.2) as GDP shrinks, it too can be affected by decreases in interest rates to stimulate investment/production etc.
However, against the backdrop of economic Globalism -vs- economic Americanism, CTH is noting the two dimensional economic approach is no longer a relevant model. There is another economic dimension, a third dimension. An undiscovered depth or distance between the “X” and the “Y”.
I believe it is critical to understand this new dimension in order to understand Trump economic principles, and the subsequent “America-First” economy he’s building.
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(Via USA Today) […] Trump told the group that his administration is “going to be here for you. You’ll call my people, you’ll call me. We have no formal chain of command around here.”
He suggested, and tech leaders agreed to, meeting quarterly, according to a person briefed on the meeting. The person spoke on the condition of anonymity because he was not authorized to speak publicly.
They discussed repatriating foreign profits, reforming taxes and regulations so companies build more jobs in the U.S., building better infrastructure, and improving education, the person briefed on the meeting said. (more…)
Mr. Nigel Farage, MEP (Member of European Parliament), spoke earlier today in Brussels. Farage warned, yet again, about the contradiction of a supposed ‘democratic body’ (the EU) refusing to change policies amid the visible outcomes of Democratic Nationalism.
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The primary role of the energy department surrounds nuclear technology, research and the maintenance of nuclear resources, including atomic weaponry. The Department was created in 1977 by President Jimmy Carter who spent part of his early career as a nuclear engineer.
(New York, NY) — President-elect Donald J. Trump today announced his intent to name former Texas Governor Rick Perry as Secretary of the U.S. Department of Energy.
Gov. Perry was the chief executive of one of the country’s largest states and one of the largest economies in the world. He is also one of the most successful governors in modern history, having led Texas through a sustained period of economic growth and prosperity by developing the state’s energy resources and infrastructure, and making low-cost energy available to companies and families.
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…“and we will win, and you will win, and we will keep on winning, and eventually you will say we can’t take all of this winning, …please Mr. Trump …and I will say, NO, we will win, and we will keep on winning”.
~ Donald Trump
There is something just over the horizon; if you know how to hear it, you can feel it coming. It’s beyond exciting.. it’s awesome… It’s like being a gearhead who shows up to the rebuild only to discover Carroll Shelby in the shop.
Holy cats!… It’s epic.
Before getting to that part, here’s the latest:
(Via Bloomberg) IBM Chief Executive Officer Ginni Rometty said she plans to hire about 25,000 people in the U.S. and invest $1 billion over the next four years, laying out her vision for filling technology jobs in America on the eve of a meeting of industry leaders with President-elect Donald Trump.
Rometty, who is on Trump’s advisory panel of business leaders, will join Facebook Inc.’s Sheryl Sandberg, Amazon.com Inc.’s Jeff Bezos and Alphabet Inc.’s Larry Page and Eric Schmidt at a summit with Trump Wednesday in New York that is said to focus on jobs.
During the run-up to the election, Trump made employment issues a mainstay of his campaign, promising to scrap trade deals he viewed as draining jobs from the country and impose tariffs on imports if necessary. (more…)
When candidate Donald Trump announced his intention to run for the presidency one of the key phrases oft repeated was “this is an election about competency and action“.
Today, President-elect Donald Trump met with Jim Brown and Ray Lewis to discuss initiatives intended to actually deliver, not talk, deliver, results.
Democrat party leadership must be beside themselves as they recognize/face the reality of an action-oriented president focused intensely on delivering economic empowerment.
The message today as delivered by Jim Brown is damn near tear-inducing, because it is so joyful to see:
With Dr. Ben Carson taking the appointed lead as Secretary of Housing and Urban Development, and with action-oriented President Trump pushing for measurable positive results, and with the combination of already successful private sector economic enterprises…. well, the future looks exceptionally bright.
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According to almost every media report, President-elect Donald Trump has selected Exxon CEO Rex Tillerson as the nominee for Secretary of State. The announcement is anticipated to take place this morning. Here’s our previous outline anticipating T-Rex:
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In March of 2016 an exclusive list of top tech executives, billionaires, donors and influence agents gathered at a secretive meeting with key leaders of the Washington DC UniParty. The meeting was to discuss their plans to destroy the candidacy of Donald Trump. The meeting took place at the exclusive enclave in Sea Island Georgia.
The Sea Island meeting itself was entirely “anti-Trump”, the gathering was almost exclusively discussions about how to rid the primary process of the outside insurgency that was Donald Trump. Unknown to most, the group assembled also contained so of the original members who constructed the 2016 primary election splitter strategy:
[…] the same people who attended the Sea Island Georgia meeting, the same people who fund the UniParty, the same people who create Washington DC’s legislative priorities, were constructing a Clinton/Bush win-win scenario. (link)
A few of the billionaires included: Apple CEO Tim Cook, Google co-founder Larry Page, Napster creator and Facebook investor Sean Parker, Tesla Motors and SpaceX founder Elon Musk. Google Executive Chairman Eric Schmidt, Arthur Sulzberger publisher of the New York Times and billionaire Philip Anschultz who owns Sea Island.
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Kellyanne Conway appeared on Fox Business with Maria Bartiromo to discuss the possibility of Exxon Mobil CEO Rex Tillerson as a Secretary of State nominee.
In addition, Conway discusses the current status of the transition process.
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President-Elect Donald Trump announced Thursday his intention to nominate Andrew Puzder as Labor Secretary. There were many concerned voices who rose up in opposition. CTH was not part of that assembly, because we can see the larger challenge and objective.
However, today, apparently in response to the concerns of his detractors, Mr. Puzder released the following statement on American workers, immigration, and his plans for the Labor Department:
“My job as a business person is to maximize profits for my company, employees and shareholders. My job as the Secretary of Labor, if confirmed, is to serve U.S. citizen workers – that is my moral and constitutional duty.
The public spoke loud and clear in this election, and delivered a mandate to protect American workers. It makes no economic sense to spend trillions on welfare and jobless benefits for out of work Americans while bringing in foreign workers to fill jobs in their place.
“As Secretary of Labor, I will fiercely defend American workers and implement my piece of the ten point plan the President-elect laid out. President-elect Trump’s plan to establish new immigration controls will boost wages and ensure that open jobs are offered to American workers first. (more…)