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« on: July 09, 2019, 03:32:52 PM » |
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The Patriot Post Digest 7-2-2019
From The Federalist Patriot
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The Patriot Post® · Mid-Day Digest
Jul. 2, 2019
https://patriotpost.us/digests/64024-mid-day-digest
THE FOUNDATION
“Every new regulation concerning commerce or revenue, or in any way affecting the value of the different species of property, presents a new harvest to those who watch the change, and can trace its consequences; a harvest, reared not by themselves, but by the toils and cares of the great body of their fellow-citizens. This is a state of things in which it may be said with some truth that laws are made for the FEW, not for the MANY.” —James Madison (1788)
https://patriotpost.us/fqd/64021-founders-quote-daily
IN TODAY’S EDITION
American families benefit from the president’s economic policies.1
Nike and Colin Kaepernick are dishing on America again.2
Daily Features: More Analysis3, Columnists4, Headlines5, Opinion in Brief6, Short Cuts7, Memes8, and Cartoons9.
IN BRIEF
Trump Deregulation Boosts American Families10
The White House Council of Economic Advisers released a report11 last Friday indicating that President Donald Trump’s deregulation efforts will lead to increased household incomes by an average of $3,100 over the next decade. You may read Leftmedia reports about how the current economic expansion is only making the rich richer and “everyone else not so much,” but the truth is most American families have benefited from a healthy economy.
The chief economist on the council, Casey Mulligan, explained, “The deregulatory efforts of the Trump administration have also removed mandates from employers, especially smaller businesses, and have removed burdens that would have eliminated many small bank lenders from the marketplace. These deregulatory actions are raising real incomes by increasing competition, productivity, and wages.”
The report also notes the hidden cost of regulations, stating, “The ongoing introduction of costly regulations had previously been subtracting an additional 0.2 percent per year of real incomes, thereby giving the false impression that the American economy was fundamentally incapable of anything better than slow growth. Now, new regulations are budgeted and kept to a minimum.”
One of the most notable examples of Trump’s deregulation impact has been on prescription-drug costs. Over the past two years, prescription price increases, which have almost always outpaced the inflation rate, fell by more than 11% below the inflation rate and, the report says, “even declined in nominal terms over the calendar for the first time since 1972.” The report estimates “that the results of these actions will save consumers almost 10 percent on retail prescription drugs, which results in an increase of $32 billion per year in the purchasing power of the incomes of Americans (including both consumers and producers).”
The stock market has also benefitted from Trump’s deregulatory efforts, as stocks had “their best June in decades, capping a strong first half of 2019,” The Washington Post reported. Another area of deregulation benefits everyone with an automobile. Thanks to the fracking revolution, the U.S. has become the world’s largest oil producer, and the International Energy Agency says we can expect enough supply in 2020 to more than offset increased demand. That may keep prices stable or even reduced.
Meanwhile, Rasmussen released a recent poll of likely voters finding that a clear majority aligns more with Trump’s platform than with the Democrats’. A majority of voters (54%) saw the Democrat presidential candidates as being outside the mainstream and even extreme in their leftist platform. Instead of tacking to the middle, Democrat candidates seem committed to outdoing each other in their race to the extreme Left, and voters are noticing. That’s especially true when Trump’s policies are benefiting Americans across the board.
https://patriotpost.us/articles/64005-trump-deregulation-boosts-american-families
Nike, the Patriot Flag, and the Kaepernick Rule12
Colin Kaepernick is up to his anti-American antics again, and Nike made an expensive decision to grovel before its official social-justice warrior. Nike had already shipped its Air Max 1 USA, complete with an embroidered Betsy Ross flag on the back, to mark the upcoming Independence Day holiday. But Nike instructed retailers to return the shoes because it had “an old version of the American flag.” However, The Wall Street Journal reports that decision came after “Kaepernick, a Nike endorser, reached out to company officials saying that he and others felt the Betsy Ross flag is an offensive symbol because of its connection to an era of slavery.”
The Betsy Ross flag was designed in the 1770s as our Founding Fathers were launching the fight for American independence. Its 13 stars and 13 stripes represented the original colonies and thus the first states. But to Kaepernick and his ilk, the flag represents not Liberty but racial oppression.
Then again, to Kaepernick, everything about America seemingly represents oppression. He is a minority man, adopted by loving white parents, who parlayed some skill on the football field to a lucrative contract and a Super Bowl appearance with the San Francisco 49ers. When his play became subpar, he was benched — only to begin pouting (kneeling) on the sidelines during the national anthem13. Asked about this pathetic display, he “justified” it by saying he was protesting America’s tarnished history of oppression. His protest spread to other NFL players and fomented years of controversy over what was supposed to be a unifying practice before games — standing for the national anthem.
After no NFL team wanted to pay big bucks for a lousy quarterback to run a three-ring circus, he sued the league over “collusion” to blacklist him. He settled for millions of dollars. Then Nike chose the unemployed athlete as its official “Just Do It” spokesman14, paying him millions and, aggravatingly, boosting its own sales.
So, Mr. Kaepernick, explain to us again how “oppressed” you are.
As for Nike, last week the company also preemptively bowed to the Chinese government. According to The Financial Times, “Nike has cancelled the sale of a line of limited-edition sports shoes in China after the sportswear maker’s Japanese designer supported recent Hong Kong protests.” Given that Nike produces most of its shoes in the low-wage Communist workers’ paradises of China and neighboring Vietnam, it’s little wonder that it is careful to avoid offending the party poobahs in Beijing. And that’s entirely consistent with Nike’s catering to the wishes of totalitarian leftists here in the “Land of the Free.”
https://patriotpost.us/articles/64018-nike-the-patriot-flag-and-the-kaepernick-rule
Only Two Days Left
The deadline to complete The Patriot Post’s funding requirements into the summer is quickly approaching. The hardest part of being a donor-supported organization is asking for your help — but we must. To avoid editorial influence on our content, we have never accepted advertising. And we do not charge a subscription fee in order to reach the largest possible audience. Please help us complete The Patriot Fund’s 2019 Independence Day Campaign today. Thank you for standing alongside us as we work to keep the timeless message of Liberty in front of conservatives around the nation. —Nate Jackson, Managing Editor
ON OUR WEBSITE TODAY
Featured Analysis: About That Socialism in the Nordic Countries…15 — Democrats wrongly point to these nations as examples of what they mean for socialism.
Facebook Censors Pro-Life Ads, COO Donates to Planned Parenthood16 — The more disturbing fact is that it receives so much funding from the American taxpayer.
Kavanaugh’s First-Year Report Card17 — After the conclusion of his first term on the Court, how has the new justice performed?
American Spirit: More Than 1,000 Seek to Adopt ‘Miracle’ Newborn18 — After a baby was found dumped in a plastic bag in Georgia, pro-lifers are living their beliefs.
Video: Wipe Out $1.6 Trillion in Student Loans?19 — Democratic socialist presidential candidate Bernie Sanders has a plan for handouts.
Video: A Fine Time to Become an American20 — Yes, I picked a fine time to become an American — because it’s always a fine time. |
