Almost immediately following Trump’s victory last November, he went to work calling major corporations to send the message that he would punish those who hurt American workers, and reward those who helped them. Major firms responded positively to Trump’s rhetoric by bringing jobs back to the United States. It was a whirlwind few weeks during which it looked like Trump would be a serious force fighting for the return of jobs to middle America.
Since then, Trump’s presidency has been under attack by forces within the intelligence agencies, the media, and Washington that are all chomping at the bit for a war with Russia. On top of this, Obama was openly antagonizing Russian president, Vladamir Putin, by expelling Russian diplomats from the US and by supporting the amassing of US and UN military forces along the Russian border.
Fortunately, Putin has not responded in kind, and the American people and Trump himself have been patiently waiting for our new president to take office so that we can calmly brush the hysterics of the democrats aside and move forward with repairing our economy and striking up new friendly and responsible relations with the rest of the world.
However, it seems that all of this pressure is having an effect on Donald Trump, and that has got economists worried. He has been totally silent on the economy since the massive effort to demonize Russia has been the lead story of all main stream news outlets across the nation.
Before this paranoid, McCarthyist, anti-Russian scare, projections on the economy under President Trump were very encouraging. Investing has been up, jobs projections have been soaring, and confidence has been generally high. This, of course, is good for everyone, even the low-information democrats who violently oppose our new president.
But now, under immense pressure by rogue CIA and FBI agents foisting these false claims against Russia on the public, Donald Trump has had nothing to say about the economy for weeks and it’s got economists and speculators rattled. A reported statement by Donald Trump also had his supporters rattled for a time when we heard that he had said he believed the Russians probably did have a hand in the DNC leaks of John Podesta’s emails which were so damaging to the Hillary Clinton campaign.
After a few short days it was revealed by more reliable sources that he had, in fact, made that very statement, but that it was made in his characteristically glib style and he added that even if Russia did affect the election it was a good thing because they would have helped to save our country from a disastrous Clinton presidency, a presidency that would almost certainly spell a hot war with Russia.
Commentators speculate that his statement was tongue-in-cheek and that if it means anything, it means he has been under such pressure to make a statement of the kind that it’s most likely that he was only throwing a bone to the press.
While economists have good reason to be concerned about what speculators may do as a result of Trump’s recent silence on the economy, it’s also fair to say that the silence will only be short lived. Considering the fact that Trump’s campaign was based on restoring the middle class and the verifiable fact that his actions since he won the election have been a boon to the economy, both in the present and in projections, it seems reasonable that as soon as he takes office and dispels the push toward war with Russia, he will not hesitate to continue to push forward with his plan to restore the middle class and the economy as a whole.
Regards,
Ethan Warrick
Editor
Wealth Authority
