Wage Growth for Low Income Workers Doubles Wage Growth for High Income Workers…

An interesting article within The Atlantic draws attention to one of the more intended consequences of Maganomics: wages for the middle-class Americans are rising twice as fast as wages for high-income earners.

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Yes, President Trump is closing the wealth gap.
This dynamic is directly attached to President Trump’s MAGAnomic policy that focuses wage and income benefit directly to Main Street, “production economy”; and reverses the process that was driving benefit to U.S. multinationals on Wall Street, the “service-driven” economy.   As noted in The Atlantic:

[…]  According to analysis by Nick Bunker, an economist with the jobs site Indeed, wage growth is currently strongest for workers in low-wage industries, such as clothing stores, supermarkets, amusement parks, and casinos. And earnings are growing most slowly in higher-wage industries, such as medical labs, law firms, and broadcasting and telecom companies. (more)

While there are not technically going to be direct losers in a Main Street economy, there will undoubtedly be some amid the investment class who will be lesser-winners.
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Rudy Giuliani: "The Democrats are Covering Up Corruption, Massive Corruption"…

Rudy Giuliani appears on Fox News to discuss the overall Ukraine issue.  Giuliani emphasizes that his investigation was directed toward conduct in 2016, *not* directed toward anything related to the 2020 election.  Mr. Giuliani is a man on a mission.


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John Ratcliffe: Adam Schiff and HPSCI Committee Majority Must be Disqualified from Investigation…

House Judiciary Rep. John Ratcliffe rightly calls-out the unprecedented sketchy nature of a unilateral impeachment process.  The CIA ‘whistle-blower’ is a material witness in the intelligence committee investigation.  The witness had undisclosed contact with the House intelligence committee prior to filing a complaint.  The Intelligence Community Inspector General did not know about the whistle-blower contact with the committee.
This sketchy assembly of activity makes the HPSCI a fact-witness to their impeachment investigation; a constructed conflict that cannot be allowed. Ratcliffe is correct here:


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Sketchy Inspector General Michael Atkinson Admits 'Whistle-blower' Never Informed Him of Contact With Schiff Committee…

The inspector general for the Intelligence Community is Michael Atkinson. He is very sketchy.  Atkinson was previously legal counsel for the DOJ-NSD during the ‘stop-Trump’ tenure of John Carlin and Mary McCord. As a result, Atkinson was a participant in the weaponizing of the DOJ-NSD via FISA abuse, along with NSA database exploitation and tenuous FARA legal theories used to target political opposition.
In short, Atkinson seems dirty.  At the very least he hangs around dirty characters.
Today, according to Fox News reporter Catherine Herridge, ICIG Michael Atkinson testified the anti-Trump CIA ‘whistle-blower’, likely to be Michael Barry, did not inform Atkinson that Barry and his legal team already contacted staff working for HPSCI Chairman Adam Schiff when he submitted his complaint.  More sketchy.

After he took the complaint, ICIG Michael Atkinson then changed the rules for the ICIG office allowing a second-hand hearsay complaint to be processed.  Again, sketchy.
According to New York Times reporting earlier this week, the ‘whistle-blower’ (likely CIA operative Michael Barry) first tried to push the hearsay claims to CIA management through a colleague.  Fearing CIA management would not take the gossip seriously “the officer then approached a democrat House Intelligence Committee aide, alerting him to the accusation against Mr. Trump.”  Chairman Schiff never told anyone.
Buckets of sketchy.
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Kurt Volker Statement Supports Giuliani – Contradicts Adam Schiff and Impeachment Narrative…

The Federalist was able to gain a copy of the opening statement delivered to congress by Ambassador Kurt Volker.  The statements made by Volker support the outline put forth by Trump lawyer Rudy Giuliani surrounding the initial contact and purposes.
The statement by Volker directly undercuts the narrative spun by HPSCI Chairman Adam Schiff and his attempt to create an impeachment narrative.  Here’s the statement:
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The outline by Volker supports the original story as told by Rudy Giuliani.
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NEC Director Larry Kudlow Discusses September Jobs Report…

National Economic Council Director Larry Kudlow discusses the Sept. Jobs report, the ISM manufacturing and non-manufacturing reports and the next stages of U.S.-China trade negotiations.
Kudlow notes job growth in the Household survey was a stunning 391,000 in September.


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Kudlow also appeared on Bloomberg to discuss similar aspects of the latest reports (below).
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Sept. Jobs Report: 136,000 New Jobs, Unemployment Drops to 3.5% – Lowest in 50 Years…

MAGAnomics – Lowest Unemployment in 50 Years !
The Bureau of Labor Statistics releases the September jobs report. 136,000 jobs were added to the economy and the unemployment rate falls to 3.5%, the lowest since 1969.
Demand for workers remains strong (Table A-1). Overall employment is very stable across all sectors (Table B-1) and wage growth is strong (+2.9%). Additionally, inflation is low; that means more disposable income.  The Main Street economy is strong.

♦Over the month, the number of unemployed persons decreased by 275,000 to 5.8 million. ♦Among the unemployed, the number of job losers and persons who completed temporary jobs declined by 304,000 to 2.6 million in September. ♦Also, the number of persons unemployed for less than 5 weeks fell by 339,000. ♦The labor force participation rate held at 63.2 percent in September.
The change in total nonfarm payroll employment for July was revised up by 7,000 from +159,000 to +166,000, and the change for August was revised up by 38,000 from +130,000 to +168,000. With these revisions, employment gains in July and August combined were 45,000 more than previously reported.  (BLS Report)

Rep. Doug Collins Explains Why He Filed an Amicus Brief Against House Judiciary…

House Judiciary Committee ranking member Doug Collins filed an amicus brief yesterday (full pdf below) highlighting why the Judiciary Committee should be blocked from receiving grand jury material against the backdrop of an impeachment effort without support from the House of Representatives.


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Fred Fleitz Discusses John Brennan's Interests in Assisting Corrupt Impeachment Effort…

In the larger picture it is clear the Obama administration weaponized the institutions of government to target their political opposition. It is also increasingly clear a Hillary Clinton administration would have monetized the U.S. government.
President Obama’s team used the DOJ, CIA, FBI and IRS to target their opposition. The intelligence apparatus was weaponized; one small example that scratches the surface is the FBI/NSA database exploitation. Black files on DC politicians, private sector groups and individuals facilitating leverage, and we are still seeing the ramifications.
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When former Overstock CEO Patrick Byrne recently discussed his role within the 2016  “political espionage” operations, he described the financial interests of political office; not coincidentally he also seems to have retreated into a safe-space.
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Devin Nunes Discusses 'Whistle-blower' Construction and Manipulation by Adam Schiff…

By now it is clear the anonymous CIA ‘whistle-blower’ complaint was a constructed political effort by House Democrats, IC allies and Lawfare members therein.  HPSCI Ranking Member Devin Nunes discusses the fraud behind the construction of Chairman Adam Schiff.


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