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Monday, November 27, 2017

Mining up 28.6 percent -- in a single quarter

Those jobs aren't coming back the liberal liars scolded us.

Hillary and Obama wanted tor retrain coal miners as computer programmers.

We elected Trump, and in April, May and June alone, mining increased 28.6 percent.



That is according to data released last week:
Real gross domestic product increased in 48 states and the District of Columbia in the second quarter of 2017, according to statistics on the geographic breakout of GDP released today by the U.S. Bureau of Economic Analysis. Real GDP by state growth in the second quarter ranged from 8.3 percent in North Dakota to -0.7 percent in Iowa.
Nationally, mining increased 28.6 percent and was the leading contributor to growth for the nation and in the three fastest-growing states of North Dakota, Wyoming and Texas in the second quarter.
Mining contributed to growth in 49 states led by increases in oil and natural gas production.
Mining is not restricted to coal.

But coal is coming back. West Virginia's economy grew by 4.1 percent -- a full point higher than the 3.1 percent nationally -- which was double the pathetic 1.5 percent, worst-since-Hoover economy of Obama the Marxist.

Trump has led the world back to prosperity -- and he is working on peace -- after eight years of an attempted centrally planned economy by the Democrats.

From the Wall Street Journal:
The vast majority of global stock markets in 2017 have surged either to fresh records or multiyear highs, one of the broadest rallies in years that investors say is a result of the increasingly synchronized global economic recovery.
Half of the 35 major indexes representing the world’s biggest stock markets by value have hit all-time highs this year, the most since 2007, according to an analysis by The Wall Street Journal. In the U.S., the Dow Jones Industrial Average has logged 60 record closing highs this year, the most since 1995, with the latest push higher following the House Republicans’ proposed tax code overhaul.
The Nasdaq Composite has gained 28% this year and set 69 new highs, the most ever in a calendar year. The S&P 500 cleared 2600 for the first time Friday, marking its second-fastest round-number milestone ever.
I credit Trump because he has pushed the American economy forward after eight years of a recoveryless recovery from that bungled plan to make mortgages a right.

We gave sub-prime mortgages to people who couldn't meet their rent.

What was George Walker Bush thinking?

Now America has a businessman in charge, and the rest of the world is following America's lead.

Do you see any mainstream media reports on the mining boom? No!

Here is what those dunderheads were reporting when the BEA report came out: Sexual harassment.

Goodness. Not one three-paragraph report on mining. I cannot wait for all the Newspapersauruses to finally die.

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Please enjoy my two books about the press and how it missed the rise of Donald Trump.

The first was "Trump the Press," which covered his nomination.

The second was "Trump the Establishment," which covered his election.

To order autographed copies, write DonSurber@GMail.com.

11 comments:

  1. "Goodness. Not one three-paragraph report on mining. I cannot wait for all the Newspapersauruses to finally die."

    Unfortunately, it won't be soon enough.

    ReplyDelete
  2. What was George Walker Bush thinking? Compassionate conservatism which was nothing more than liberalism lite. - GOC

    ReplyDelete
    Replies
    1. Revisionist history. Bush wanted to rein in that program, and Congressional Republicans wouldn't use their majority in the face of Democrats.

      http://www.thegatewaypundit.com/2008/09/bush-called-for-reform-of-fannie-mae/

      Delete
  3. More fine fulminating from Big D. Two additional comments:

    1) "Synchronized"? Geez, what a miracle! I thought Mr. T spent this whole year in FLA and Jersey! Another cheap shot.

    2) Don't forget, it was Barney Frank who, back in 2006, said "I wanna roll the dice a little" on the eventual mortgage disaster. We closed our second property with a guy who showed up at the Olive Garden in Frederick MD wearing cutoffs and sandals. And then HE'S the genius of the financial reform bill, Barney is? There are multiple meanings for the initials BF.

    ReplyDelete
  4. Why do we still have Fannie Mae and Freddy Mac? Why is Dodd-Frank still a law?

    ReplyDelete
    Replies
    1. Why? Because Jamie Gorelick, "the Mistress of Disaster," gets rich that way! (Search her name for plenty of reading materials, but put your gun away first.)

      Of course Bawney Fwank and Chris Dodd also got rich, as did any number of "insiders" which does NOT include you or me!

      Delete
  5. "the chief business of the American people is business.” - Calvin Coolidge

    And now we have a true businessman for our President. With businesses booming and the markets soaring we may just witness a colossal financial meteorite bring about the extinction of the Newspapersaurus Marxist. - Elric

    ReplyDelete
  6. The way you MAGA is to make it so those with the greatest hearts and the greatest guts can make three squares every day once more.

    I don't think the Good Lord would mind anyone tacking a little "Thank you for Donald Trump" on the end of the grace before eating.

    ReplyDelete
  7. "What was George Walker Bush thinking?"

    To be fair, GWB made 18 separate attempts to put an end to that, Senate D's blocked every one.

    ReplyDelete
    Replies
    1. Spearheaded by the bankers' third favorite money dump and the Friend of Angelo's favorite stooge, the once and future President Zippy.

      Delete