THE GREAT AMERICAN ECONOMIC SUCCESS STORY!
IN PURSUIT OF THE TRUTH - HTTP://WWW/CINOPSBEGONEBLOGSPOT.COM - MON. NOV. 5/18
PREFACE: THERE IS NO DOUBT IN MY MIND THAT "THE WALL STREET JOURNAL" IS THE STANDARD OF RESPONSIBLE AND HONEST JOURNALISM IN ITS PURSUIT OF THE TRUTH. IT SUPPORTS OUR FREE ENTERPRISE SYSTEM AND TRADITIONAL AMERICAN VALUES. THIS CANNOT BE SAID FOR "NEW YORK TIMES." ON FRI., NOV. 2, 2018, THE WSJ REPORTED ON THIS GREAT ECONOMIC NEWS.
EXCERPTS FROM "A CONSEQUENTIAL CONGRESS: OPINION SECTION: (WALL STREET JOURNAL)
"SOME CONGRESSES MATTER MORE THAN OTHERS, AND THE 115TH HAS ACCOMPLISHED MORE USEFUL CONSERVATIVE REFORM THAN ANY SINCE THE FIRST NEWT GINGRICH YEARS OF 1995-96
π TAX REFORM: REPUBLICANS BROKE THE ECONOMIC LOGJAM OF THE HIGHEST CORPORATE TAX RATE IN THE DEVELOPED WORLD, AND THE NEW 21% RATE WITH 100% BUSINESS EXPENDING HAS HELPED TO LIFT THE U.S. ECONOMY TO A HIGHER GROWTH PLANE AND AGAIN MADE IT THE MOST COMPETITIVE. [ 4.5 MILLION NEW JOBS WERE CREATED THESE PAST TWO YEARS.}
PLENTY OF VOTERS STILL AREN'T CONVINCED THEY RECEIVED A CUT EVEN IF THEY DID, THANKS TO THE MEDIOCRE SALES OFFER FROM THE GOP AND PRESS CORPS HOPING REPUBLICANS FAIL. BUT CONSIDER THE 2019 OPTIONS: THE GOP WANTS TO MAKE THE CUTS PERMANENT; DEMOCRATS WANT TO REPEAL MOST OF THE REFORM TO FINANCE MORE SPENDING.
π DEREGULATION: CONGRESS THROUGH THE CONGRESSIONAL REVIEW ACT SCUTTLED 16 RULES THAT THE OBAMA ADMINISTRATION TRIED TO IMPOSE IN ITS FINAL DAYS...
REP. JEB HENSARLING, ALSO SUCCEEDED IN REFORMING THE 2010 DODD-FRANK LAW'S ASSAULT ON COMMUNITY BANKS. THE SENATE FILIBUSTER PREVENTED HIM FROM DOING MORE.... THE FREE MARKET MR. HENSARLING IS RETIRING AND HIS SUCCESSOR IN A DEMOCRATIC HOUSE WOULD BE ---- REP. MAXINE WATERS. ---- THAT IS THE ELECTION POLICY STAKES IN PROFILE.
THE GOP HAS ESTABLISHED ITSELF AS THE ONLY PARTY THAT REDUCES BURDENS ON BUSINESSES SO THEY CAN FOCUS ON INNOVATION AND SALES.
πJUDICIARY:THE SENATE HAS CONFIRMED 84 JUDGES JUDGES, INCLUDING 29 TO THE APPELLATE COURTS AND TWO SUPREME COURT JUSTICES. JUDGES CAN SIT FOR DECADES AND SHAPE THE NEXT GENERATION OF LEGAL MINDS IN CLERKSHIPS.
☹HEALTH CARE:
THE BIGGEST DISAPPOINTMENT IS THE FAILURE TO REPLACE OBAMACARE AFTER CAMPAIGNING ON THE ISSUE FOR EIGHT YEARS. THE GOP IS GETTING BLAMED FOR THE DYSFUNCTION IN HEALTH-CARE MARKETS THOUGH NOT ONE REPUBLICAN VOTED FOR OBAMACARE.... THE GOP DID AT LEAST ELIMINATE THE FINANCIAL PENALTY FOR DECLINING TO BUY INSURANCE AS PART OF TAX REFORM.
πDEFENSE:
CONGRESS ENDED YEARS OF SEQUESTRATION CUTS THAT HAD DAMAGED THE MILITARY MORE ANY ENEMY IN THE FIELD, AS DEFENSE SECRETARY JIM MATTIS HAS PUT IT. THE NAVY TESTIFIED LAST YEAR THAT IT HAD 41 FEWER SHIPS AND 90.000 FEWER SAILORS THAN IT DID ON 9/11. MORE DEFENSE REHABILITATION IS NEEDED, BUT A DEMOCRATIC HOUSE WILL TRY TO BLOCK IT.
☹SPENDING AND ENTITLEMENTS:
THE SENATE DEMOCRATIC PRICE FOR EVEN A MODEST TWO-YEAR DEFENSE INCREASE WAS INCREASE WAS INCREASES ON DOMESTIC ACCOUNTS, AND THE GOP HAS A LESS THAN ILLUSTRIOUS RECORD ON SPENDING, ESPECIALLY THE TWO-THIRDS OF THE FEDERAL BUDGET THAT RUNS ON AUTOPILOT (ENTITLEMENTS)....
THE PRESIDENT HAS NO APPETITE FOR ADDRESSING THE INSOLVENCY OF SOCIAL SECURITY AND MEDICARE, AND THIS LETS CONGRESS OFF THE HOOK...
πIMMIGRATION:
AFTER HEALTH CARE, THE BIGGEST MISSED OPPORTUNITY WAS A TRADING LEGAL STATUS FOR IMMIGRANTS BROUGHT TO THE U.S. ILLEGALLY AS CHILDREN (DREAMERS) FOR MONEY FOR BORDER SECURITY ("THE WALL"). THIS WAS A FAILURE OF THE HARD LEFT AND RIGHT, BUT THE FAILURE HURTS REPUBLICANS MORE AS THE PARTY IN POWER. THEY LOST A CHANCE TO SAY THEY SOLVED AN IMMIGRATION PROBLEM THAT THE OBAMA DEMOCRATS WOULDN'T... AS A COUNT ON SEP. 28, SOME 734 BILLS HAVE PASSED THE HOUSE,AWAITING ACTION IN THE SENATE...
GEORGE H. KUBECK- "RIGHTEOUSNESS EXALTETH A NATION." ABIGAL ADAMS
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