During a rally Wednesday night in Greenville, North Carolina, President Donald Trump told a story about a businessman who loathes him on a personal level but intends to support his 2020 reelection bid nevertheless because he, the businessman, realizes what a Democrat administration would do to his business and his pocketbook: drive him into the “poor” house.
“I know, who I don’t like, a businessman — very, very, very successful businessman,” Trump said as his story began. “One of the most successful men. I don’t like him. Never liked him. He never liked me, by the way. In fact, I’d go a step further — he cannot stand me.”
For reasons that remain unclear, there are a myriad of wealthy left-wing businessmen who abhor the president and have been plotting his impeachment since the day he stepped into office.
“And I saw him about two months ago, and he came up to me. I said, ‘How you doin?'” the president’s story continued. “And he said, ‘I’m doing good. You doing good?'”
“I said, ‘Yeah … you know, you don’t like me, and I don’t like you, I never have liked you, and you never have liked me, but you’re going to support me, because you’re a rich guy, and if you don’t support me, you’re going to be so god damn poor — you’re not going to believe it.'”
Yet despite the aggressive manner in which the president had made that remark, this businessman — a leftist, it would appear — replied by admitting that yeah, he would be voting for Trump.
“And he said to me, ‘Mr. President … you’re right. I’m supporting you. I think you’re doing a great job. And maybe we didn’t get along, but …,'” the president recalled. “It’s not like he has a choice. He has no choice. And on top of that, it’s a good choice, because we’ve done the right thing.”
Hate him or love him, it appears the president had a valid point.
“Whatever you think about the leader of the free world, there’s no denying President Trump’s policies have helped power up the US economy,” MSN noted in a report last year.
Included among those benefiting from his policies are steelmakers and aluminum producers, both of whom are reportedly swimming in dough because of his tariffs; Comcast, which benefited strongly from his administration’s repeal of net neutrality rules; Apple, which benefited strongly from his tax cuts; Walmart, which also benefited strongly from his tax cuts; and the list goes on and on and on.
Liberal Democrats tend to discount these successes on the basis that the added profits never “trickle-down” to the masses. Or, as House Speaker Nancy Pelosi likes to put it, “Trickle-down economics has no basis in reality.”
— Nancy Pelosi (@SpeakerPelosi) November 14, 2017
Is that true, though? The evidence suggests not.
Even The New York Times admitted earlier this year that “wages are finally rising, 10 years after the recession.” Moreover, the paper admitted that the ones benefiting the most from these wage increases have been those with the lowest wages.
“The recent gains are going to those who need it most,” the Times reported. “Over the past year, low-wage workers have experienced the fastest pay increases, a shift from earlier in the recovery, when wage growth was concentrated at the top.”
By “earlier in recovery,” the paper meant during former President Barack Hussein Obama’s administration.
Being as the Times is a leftist paper, it of course attributed these gains to minimum wage hikes by left-wing city and state legislators. However, economists appear to disagree.
According to economists who spoke with The Hill, wages are up because, one, the labor market has tightened due to the president’s low unemployment rate, and two, most people are taking home more money because of the president’s tax cuts.
And it just so happens that the best wage growth is being experienced in those counties that voted for the president three years ago.
“An analysis by [Brookings Institution’s Metropolitan Policy Program director Mark] Muro and his colleague Jacob Whiton found that average annual employment growth in counties that voted for Trump jumped from 1.5 percent before Trump took office to 2.6 percent in the first 21 months of his presidency,” the Hill notes. “Counties that voted for Clinton grew at a slower pace, from 1.7 percent to 2.2 percent.”
Dovetailing back to the president’s remarks Wednesday, they weren’t the first time that he’d warned of the consequences of not voting for him. In a tweet posted last month, he warned that a loss in 2020 would be followed by a market crash:
The Trump Economy is setting records, and has a long way up to go….However, if anyone but me takes over in 2020 (I know the competition very well), there will be a Market Crash the likes of which has not been seen before! KEEP AMERICA GREAT
— Donald J. Trump (@realDonaldTrump) June 15, 2019
Club for Growth co-founder and former Wall Street Journal editorial board member Stephen Moore appears to agree with this prediction.
During a radio interview back in April, he predicted “the biggest sell-off in the stock market in American history” would occur if Trump were to lose in 2020 and the increasingly radicalized Democrats’ socialist vision of America were to “come into play and enter the White House.”
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