Office of Management and Budget Direct Mick Mulvaney had a break-out session during the White House cabinet meeting today where he discussed part of the government restructuring and reform proposals.
We have waited a long time for this type of common sense initiative. This is MAGA. Some will say it can’t be done; however, if it is not attempted it most certainly will never be done. As President Trump has shared for years: “the impossible is only the starting point”; and I would not bet against this administration actually getting this accomplished. WATCH:
Back in May of 2017, President Trump tasked the Office of Management and Budgets to work with all government agencies to streamline, consolidate, and improve our Federal government and make it more efficient, effective, and accountable to Americans.
Today OMB Director Mick Mulvaney begins outlining the Government Reform plan and the results of the 13-month-long review. Introducing common sense solutions that put the American taxpayers first:
National Economic Council Chairman Larry Kudlow conducts a press conference to discuss the upcoming G7 summit in Canada; the pending North Korea Summit; and the current U.S. trade initiatives.
Focusing a lot of today’s information on the economic front and the implementation of the U.S. America-First trade discussion because this is the very heart of the Trump MAGA initiatives. Everyone who voted for President Trump should be grinning ear-to-ear today at how steadfast POTUS has been – against all economic adversaries foreign and domestic.
White House Trade Council Director Peter Navarro discusses the implementation of countervailing U.S. duties; the transshipment issues, NAFTA and the intended trade reset therein. “Economic Security is National Security“!
Sketchy porn lawyer Michael Avanetti took to twitter today to threaten anyone who might look into his shady financial background:
Apparently this is in response to some research by Robert Barnes who discovered Avanetti filed for bankruptcy in December 2017, claiming total assets of $412K – and then ::poof:: mysteriously three months later, at the same time he takes to the airwaves with Stormy Daniels, he comes into a windfall of $8 million. SEE STORY HERE.
Seemingly connected, a picture graphic is causing Avanetti great angst:
Earlier today President Trump traveled to Cleveland, Ohio to deliver remarks at a business and community tax reform roundtable event. President Trump begins his remarks by noting the importance of shifting focus within the trade discussion to bring a greater balance to the U.S. economy via America-First principles.
Three decades of economic policies benefiting Wall Street are now shifted to begin a new era where economic policies benefit Main Street. That’s MAGAnomics in shorthand.
The Bureau of Economic Analysis (BEA), who track GDP -and- U.S. Labor Department (DoL) Bureau of Labor and Statistics (BLS), who track wage growth, have released the initial sets of analysis for Quarter 1 of this year (Jan-March). The first quarter growth in GDP comes in at 2.3%. [Most estimates initially expected 2.0% or slightly less.]
CBS – […] It’s common for economic growth to slow in the first quarter and then accelerate later in the year. Still, the January-March increase was better than expected: Economists had foreseen a 2 percent annualized rate. In the current quarter, economists expect growth to surpass 3 percent.
The 2.3% first quarter result puts 2018 on track to achieve President Trump’s targeted growth rate: over three percent combined growth for the full year. Due to seasonal fluctuations the first quarter is historically the weakest for GDP growth. The second quarter will likely rebound well above 3.5% as the historic Q1 -vs- Q2 trend shows above.
An interesting discussion this morning on CNBC with White House economic adviser Larry Kudlow beings to highlight the principal purpose of his forte’.
President Trump is the first U.S. president who came to the table of economic policy with a plan of action that is uniquely his own. POTUS doesn’t need “advisers” to frame possible policy, he already has the program mapped out; POTUS needs ‘advisers” who are not actually “advisers” per se’ but rather a sales-force to explain and advance his program agenda to the world markets as the policies are implemented….
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…Because this is such a substantial shift from historic reference, President Trump’s unique position of actually creating the economic policy must be emphasized and continually repeated. It’s not Kudlow creating the policy; these are President Trump’s policies. The granular details are carried out by U.S.T.R Lighthizer, Commerce Secretary Ross, Treasury Secretary Mnuchin.
White House Press Briefing by National Economic Council Director Larry Kudlow and National Security Council Senior Director for Asian Affairs Matthew Pottinger. Today’s briefing is happening during a Presidential summit with Japanese Prime Minister Shinzo Abe.
Kudlow is discussing the trade and economic issues; Pottinger is discussing national security issues surrounding negotiations with North Korea. As Secretary Ross has stated frequently: “Economic Security is National Security.”
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[Transcript] West Palm Beach, Florida – 12:20 P.M. EDT – MR. KUDLOW: I’ll just say to start, before we take some questions, this is a very important meeting. A lot of really key issues are on the line. You obviously know about the foreign policy side regarding North Korea, which is a major, major issue for Japan and for the United States.
On the economic and trade side, there will also be very important issues. Japan is a great friend and ally. We have certain disagreements with respect to some of the trading issues. We’ll iron those out, hopefully.
