SpyGate
This book details the evidence and the reasons behind the recently failed Coup D’Etat against the American Democracy.
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“This is the most important existential threat that our country has faced since the inception of this Republic” —Dr Churchill
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This Book was written by Dr Pano Churchill
Copyright 2018
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Chapter Seven
The remnants of the Coup are now a burden to us all
It’s difficult to see how the Mueller Witch Hunt has not affected President Trump’s work in the past two years and yet he has done remarkable things for the American people in that short time…
Especially important is that he kept his promises to those that elected him and we already see the results with the lowest unemployment and the best growth jobs market ever experienced in our lifetimes.
That’s a lot of “Thank You” aimed towards the American patriots that asked for a strong economy and a strong country. Trump delivers on both, fully knowing as we do, that you cant have a strong country with a weak economy, because the two things are fully integrated and intertwined.
So even though the President is hampered by the nonsense of the Russia hoax and the attendant witch-hunt with Mueller’s deep state collusion to unseat the best People’s President we’ve had in the past couple of generations if not more — Donald J Trump stays focused on the long term goals of the country.
Economic data from April shows the tax cuts are working, and that really pisses off the Democrats that are still pining for America to fall down to the standards of Mexico. Yet “April is the cruelest month” as T.S. Eliot famously wrote. And is especially cruel for the Democrats now and for all the enemies of this country.
Because when it comes to America’s fiscal picture, April is great, and nothing could be further from the truth about our most recent April that not only is not cruel to us, but it delivers massive gains for all of us and jobs for all. The latest government numbers confirm that last month was a blockbuster for growth, federal revenues and deficit reduction — putting the lie to much of the knee – jerk criticism of President Trump’s tax-cut bill.
One of the key principles of President Trump’s economic policies is that faster economic growth can help solve a multitude of other social and economic problems — from poverty, to inner-city decline, to lowering the national debt — and even to cower our foreign enemies and adversaries into submission.
Of course, it helps that we’ve arrived at a sustained and elevated growth rate of 3 percent, and that the latest economic snapshot tells us we are knocking on the door of 4% and maybe higher. The growth rate over the last four quarters came in at 2.9 percent — which was higher than any of the eight years of Barack Obama’s presidency.
Halfway through this current quarter, which began on April 1, the Atlanta Federal Reserve estimates growth at 4 percent. If that persists through the end of June, we will have reached an average growth rate of 3 percent under Trump.
Not bad, given that nearly every Democrat, leftist, liberal, and enemy of progress critic of President Trump, trashed his campaign forecast of 3 to 4 percent growth as an impossible dream. Economists like Larry Summers, Obama’s first chief economist, gloomily declared that we were mired in a new era of “secular stagnation” and that 3 percent growth was unachievable. Paul Krugman of The New York Times said we were more likely to see flying cars than 3 to 4 percent growth.
How’s that for the Demorats eating crow feet, paired with a big slice of humble pie, a-la-mode?
Now for the even better news.
We are already starting to see a fiscal dividend from Trump’s pro-business tax, energy and regulatory policies. The Congressional Budget Office reports that tax revenues in April — which is by far the biggest month of the year for tax collections because of the April 15 filing deadline — totaled $515 billion. That was good for a robust 13 percent rise in receipts over last year.
MoneyWeek reports that the $218 billion monthly surplus — revenues over expenditures — this April, was the largest ever, with the previous record being $180 billion in 2001. April is always the one surplus month.
What’s the simple lesson here?
More growth means, more tax revenue.
But there’s another lesson, and it’s about how wrong the bean counters were in Congress who said this tax bill would “cost” the Treasury $1.5 trillion to $2 trillion in lost revenues over the next decade. If the higher growth rate Trump has already accomplished remains in place, then the impact will be well over $3 trillion of more revenue, and thus lower debt levels over the decade.
Putting people back to work is the best way to balance the budget.
Period.
Critics will dismiss the importance of these higher-revenue collections by arguing that the new receipts are for 2017 tax payments, which don’t take account of the tax cut that passed in December. This ignores that some of the growth spurt we have seen was a result of the anticipation of the tax cut. Moreover, the fact that the tax cuts are just sinking in means we should get even higher growth rates for the next several years at least.
Alas, it’s not all good news in the April surprise. The inexcusable omnibus spending bill increased federal spending by some $300 billion in 2018 and we are starting to feel the impact of that splurge. Federal outlays are up 8.7 percent in April. That’s unforgivable given that Republicans run everything in Washington these days.
No one thought that Trump could ramp up the growth rate to 3 percent or that his policies would boost federal revenues. But he is doing just that — which is why all that the Democrats and the media want to talk about these days is Russia and Stormy Daniels.
This week we found out that President Trump also delivered on his promised ‘jobs, jobs, jobs’ rallying cry of the 2016 elections — and is even more remarkable that he dd this amidst the looming cloud of the deep state motivated investigation of the Russia collusion hoax. What a Guy…
President Trump now said that he has to start “focusing his energy” on issues facing the American people, and not this administration, and certainly not fake news motivated Russian “Witch Hunt.” He said this right after calling for an investigation into Hillary Clinton, that is being obstructed by the special counsel Mueller’s “MEDDLING” in this year’s midterm elections.
President Trump had this to say: “Sorry, I’ve got to start focusing my energy on North Korea Nuclear, bad Trade Deals, VA Choice, the Economy, rebuilding the Military, and so much more, and not on the Rigged Russia Witch Hunt that should be investigating Clinton/Russia/FBI/Justice/Obama/Comey/Lynch etc.”
This is what the president posted on Tuesday against Robert Mueller and his team probing Russian interference in the 2016 election and any collusion by Trump campaign associates: ”Why aren’t the 13 Angry and heavily conflicted Democrats investigating the totally Crooked Campaign of totally Crooked Hillary Clinton?”
Trump wrote in a subsequent tweet. “It’s a Rigged Witch Hunt, that’s why! Ask them if they enjoyed her after election celebration!”
Before that, President Trump had forecast numerous times that S.P. Robert Mueller would likely interfere in November’s MidTerm elections in support of the Democrats.
Now, the President tweeted this: ”The 13 Angry Democrats (plus people who worked 8 years for Obama) working on the rigged Russia Witch Hunt, will be MEDDLING with the mid-term elections, especially now that Republicans (stay tough!) are taking the lead in Polls. There was no Collusion, except by the Democrats!”
While all the members of Mueller’s team are registered Democrats, some have even worked directly for Hillary Clinton, for her campaign, for the corrupt Clinton Global Initiative, and for the Democratic party and even for the DNC. And most all of them, have donated heavily to Democratic party’s candidate Hillary for President campaign. Still it is worth noting that S.P. Robert Mueller, was appointed FBI director in 2001 by former President George W. Bush, when he pretended to be a Republican in order to get the job as FBI director. After his retirement, Mueller was subsequently named special counsel in May 2017 by Deputy Attorney General Rod Rosenstein. Rosenstein is a deep state actor, who tripped the President up, when he advised Trump to fire ex-FBI boss Comey, and when this happened, Rosenstein jumped at the opportunity to appoint a Special Counsel to investigate the firing of Comey. Imagine this: Rosenstein assigned Mueller to investigate the President about the very thing he advised him to do…
I hope that by now — You get the idea of how the deep state works. Manufactured evidence, manufactured charges, manufactured witnesses and innocent people executer and assassinated. The deep state in America today, works like Hitler’s Gestapo on steroids.
Yet, aside from all of that — it’s still full steam ahead for the US economy, which added 223,000 jobs last month — which is nearly 20 percent more than economists had expected.
And in a further sign of gains for Main Street, the unemployment rate hit 3.8 percent — the lowest in 18 years, when it tied a level not reached since 1969.
The jump in jobs is being enjoyed by all levels of society. The unemployment rate is near record lows for blacks, Hispanics and those lacking high-school diplomas.
Teenage unemployment is down roughly 25 percent in the past year, and the unemployment rate for women hit the lowest point since 1953, when far fewer women were in the workforce.
Average hourly wages continued to climb, especially for non-managers.
In short, as one economist told The Wall Street Journal, “It’s pretty hard to argue that the labor market is anything but right in the sweet spot.”
President Trump was quick to point out the results, and he has every right to, especially since “jobs, jobs, jobs” was his core campaign promise.
The robust economy owes its “Thanks” to an administration whose economic policies stress growth and productivity over burdensome government regulation and tax hikes.
More Americans are working and are keeping more of the money they earn — which is precisely what Trump promised, and the complete opposite of what many “experts” predicted would take place under this president.
At this point, we’ve got blue skies up ahead, with the only cloud on the horizon being the specter of a minor trade war with our allies this week, after the Trump White House economic team, imposed tariffs on steel and aluminum imported from Europe, Canada and Mexico. Obviously the president wants FAIR TRADE and is convinced the economy is strong enough to hold up to competition, if this escalates into a series of tit-for-tat tariffs. And maybe his advisers are sure America’s trade partners will fold, and seek FAIR TRADE, prompting negotiations, rather than useless and counterproductive trade cat-fights.
At least one thing is for certain: We’ll soon find out how much “winning” we can handle…
Yours,
Dr Churchill
PS:
It is remarkable that under a persistent and belligerent attack this President wants to fight on…
It shows the kind of stuff he is made of.
Trump’s metal is strong and his brand is unalloyed.
God Bless him and God Bless America.
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