This morning President Trump and Vice-President Pence hosted a town hall on American Business.  The town hall consisted of CEOs and business leaders gathered to discuss infrastructure and the need to reduce regulations in order to help alleviate the restrictions that have plagued businesses.

[TRANSCRIPT] 10:41 A.M. EDT – THE VICE PRESIDENT:  It’s a great privilege to be able to welcome you to the White House.  Thank you so much.  I want to thank everyone involved in the Partnership for New York City — Michael Corbat, Stephen Schwarzman.

It’s an honor to have the leaders that are gathered in the room here with us today.  I know the President is on his way over, and it’s my great privilege this morning to share a few thoughts, in the midst of this important conversation on the topics that you’re covering before I introduce my friend and the 45th President of the United States.

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Yesterday President Trump met with the National Association of Manufacturers group in the White House to discuss the outlook for manufacturing jobs gains and the larger increase in actual manufacturing sector gains.

The results of surveys conducted with current manufacturing companies is stunning with 93% holding an optimistic outlook.

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For those who are economic and trade policy junkies, President Trump’s key pick for U.S. Trade Representative, Robert Lighthizer, testified today at his Senate Confirmation Hearing.  To skip the legislative posturing {gag} forward the video to 33:00:

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Mr. Lighthizer, 69, worked for decades as a trade lawyer, representing clients including U.S. Steel Corp.  Historically, he has been critical of U.S. officials who supported China’s entry into the World Trade Organization in 2001, and argued the move worsened America’s trade deficit and hollowed out our manufacturing sector.
Two decades of actual, and quantifiable, results later shows Lighthizer was absolutely 100% correct in his criticisms and predictions.  Ultimately this is why the Globalists within the Democrat machine want to keep Lighthizer out of office.  Mr. Lighthizer will forget more about trade deals than the next closest person could ever know. (more…)

Reposting part of a previous outline by request.  The repost is requested as an outcome of the latest wage rate news within the February labor report.  The wage rate increase is not being highlighted, and in some reports downplayed, by media.   However, the measurable matrices inside the space between two economic engines is responding according to prior outline on the new economic dimension.

First the recap of the day’s news on labor rates:

WASHINGTON DC – With the labor market near full employment, wage growth could speed up as companies are forced to raise compensation to retain employees and attract skilled workers. A proxy for take-home pay rose a solid 0.5 percent in February.

The annual wage increase is close to the 3 percent to 3.5 percent range that economists say is needed to lift inflation to the Fed’s 2 percent target. Inflation is already firming, in part as commodity prices rise.

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This is YUGE news and will impact each and every American.  One of the missing elements in our quest for energy independence has always been the lack of oil refining capacity to produce gasoline and other fuel end-products.
Years of choking fossil fuel regulation, partly funded and supported by an alignment of special interests including foreign governments, OPEC and eco lobbyists, has created a situation where over half of our oil refining capability was eliminated.
With the election, and independence, of Donald Trump that course has changed dramatically.  Trump is not beholden to the lobbyists and special interests who pay for the U.S. to remain dependent on foreign oil and off shore refinement.
Additionally, this is a really big deal because our predictions have always been that President Trump will find a way to make ‘US energy exports‘ a big part of the U.S. expanding economy.  A complete paradigm shift – and with it comes unexpected and unpredicted (by most) additional growth in GDP.  Hence this emphasis:
https://www.facebook.com/POTUS/videos/1273324796070291/
 
(Via Reuters) Exxon Mobil Corp (XOM.N), the world’s largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the U.S. Gulf Coast.
The investments at 11 sites should create 35,000 temporary construction jobs and 12,000 permanent jobs, Chief Executive Darren Woods said in a speech at CERAWeek, the world’s largest gathering of energy executives. (more…)

Vice-President Mike Pence delivers the oath of office during the official swearing-in ceremony for Energy Secretary Rick Perry.

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The Senate voted Thursday to confirm Dr. Ben Carson as Secretary of Housing and Urban Development (HUD), and Governor Rick Perry as Energy Secretary, adding two more Cabinet leaders to President Donald Trump’s administration.
Secretary Carson passed with a senate approval vote of 58-41; and the vote for Secretary Perry was 62-37.

The Democrats continue using the confirmation process as a slowdown gimmick to stall the Senate from voting on any legislation. The larger Democrat objective is to obstruct any legislative accomplishments as they continue their highly coordinated actions to undermine and attack the Trump agenda.
The Democrats are joined by their UniParty republican colleagues toward that specific endeavor. The aggregate DC swamp is a UniParty of self-interest now openly defending itself -across party lines- from the existential threat that is the Trump ‘swamp draining’ agenda.  Additionally, the recent DC narrative against Attorney General Jeff Sessions is simply a variant approach toward the same objective.
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• Part I – The Re-Education Needed for an America First Economy – HERE
• Part II – Deconstructing the Administrative and Regulatory Systems – HERE
• Part III – Accepting and Challenging the Adversity within The Big Club – HERE

Part IV – Much of what we need to know about President Donald Trump’s approach we can discover within two books we know he read several years ago:  Dr. Norman Vincent Peale – “The Power of Positive Thinking”, and Zig Ziglar – “Goals“.

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If you had been publicly opposed to the chosen economic fork in the road for over 30 years; •if you were now 68-years-old and fed-up with the continuation down the wrong path; •if you were planning and strategically thinking in big, bold and consequential terms about taking on the challenge of realignment; •if you knew the scope of the challenge and all those who would oppose your efforts; •if you established personal financial security for yourself and your family in preparation,… well perhaps, just perhaps you would have studied and mapped out a goal when you stepped into the arena.
What remains is execution of a plan.
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Upon leaving CPAC, today President Trump took another step to dismantle the choking network of regulations that strangles economic growth, impedes business and weakens the overall economy. Today builds upon the LARGER BACKSTORY.
The details pertain to dismantling ridiculous regulations, but the larger picture is President Trump removing the regulatory and compliance systems the U.S. CoC have used as a special interest leveraging tool to control the legislative influences upon our economy.

President Trump is, importantly, working to remove the larger legislative business lobbying community – and structurally reform the direction of business interests to traditional pro-growth, pro-worker, America First principles.
Allow me to attempt clarity – What we are continuing to witness, including today with this Executive Order, is Trump building out his economic coalition to be stronger and larger than the economic coalition represented by Paul Ryan, the GOPe, Tom Donohue and the U.S. Chamber of Commerce. (Much more on that aspect will follow…)

THE PRESIDENT:  Thank you all very much for being here.  We have tremendous people standing behind me, and the biggest in the world in terms of manufacturing and business.
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WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday called tax code revisions a critical way to boost the nation’s economy as he kicked off a White House meeting with chief executive officers of Target Corp (TGT.N), Best Buy Co Inc (BBY.N) and six other major retailers.

The retailers spoke with Trump about an overhaul of the corporate tax law and infrastructure improvements. While companies like Best Buy and Target support changes to the tax code, they urged Trump to oppose a proposal for a new border tax on imported goods.

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