Tag: GDP

Mundaz Wandering Political Thoughts

Trump directly attacked Venezuela this week, two strikes on two other nations in one week.

Disappointed, I wasn’t surprised. My immediate response: was this a military action or CIA activity?

I was also concerned about deaths, injuries, and property damage and destruction.

Other questions came up for me:

  • Did Trump consult with Congress beforehand?
  • Did the strike have any military and economic success?
  • How do Americans view this attack?

Trump’s increasing attacks on Venezuela and other nations are disconcerting. I worry that they’ll translate to open warfare or counter attacks.

Some comments associated with news of the attack surprised me. Several individuals cited President Maduro’s unpopularity with Venezuelan citizens as a solid reason to attack Venezuela.

I would turn that attitude back on them: Trump is unpopular in the United States. Does that provide other countries with a legal rationale to attack the United States?

Trump and his administration frame this as part of an ongoing war against ‘narco-terrorists’. They’ve not introduced any evidence to support the claims.

The true reasoning is very opaque. Trump often inspires speculation. I think it’s partly due to his established pattern of lying and his growing struggle to remain coherent.

I, with many others, often wonder: is this latest military action to distract us?

Trump has reasons to distract us. The list begins with polling, worries over the economy, and the Epstein files.

While we speculate, there’s certainly valid reasons for the speculation. As this year ends, many polls show growing disapproval for Trump, his government, and the consequences of his actions.

Trump and his administration’s behavior toward the Epstein files lends circumstantial evidence that Trump worries about the files’ contents. Delaying the release of files didn’t help. Neither does Trump’s recurring insistence the files are a ‘Democrat hoax’. Each denial increases our wonder about what the Epstein files say about him.

There’s a third pillar supporting speculation that the attack was a distraction. One, Bondi had the FBI comb through the files for content about Trump. Second, the files were heavily redacted after release. Three, a million more documents were ‘suddenly found’ and released.

Last, though, Trump continues to tout the economy as the greatest. Data doesn’t support him. One quarter showed surprisingly strong GDP growth. That doesn’t translate to Trump’s unbounded enthusiasm. Many professional forecasters project meager average GDP growth for 2025, just 1.9%. 2026 isn’t looking much better.

Job growth has been weak. Unemployment is rising.

Headline inflation isn’t sharp, but affordability worries people.

With such a weak economy and other indicators, I don’t think attacking other nations improves our situation. And that is my largest concern about Trump and the attacks.

They’re illogical, and do nothing to improve conditions in the United States.

That’s why I really wonder if they’re just distractions.

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Monday’s Political Thoughts

Just a bag of trick or treat political offerings. C’mon, man, with December holiday props already up in places, I can be excused for being a few days early for Halloween, can’t I?

I know facts are not in vogue with the Grand Old Trump party. But Schwab sent me an email with links to historic data about political parties and various financial facts since 1961. People claim it’s the economy, so let’s take a look.

  1. The proferred analysis shows that what party is in charge doesn’t affect the stock markets. They keep going up no matter who is charge.
  2. GDP. If you’re worried about the GDP, go Democrat.
    • The annual average growth under Republicans is 2.5%.
    • Democratic presidents saw 3.3% average growth. President Johnson led everyone with 5.5%.
  3. If it’s unemployment rates causing your political itches, go Democrat.
    • “Next, we can look at the unemployment rate, which on average started lower under Republican presidents than under Democrats. However, on average, the unemployment rate rose under Republicans and fell under Democrats.”
  4. Turning attention to the S&P 500, should that be what gives you a rash, the Democratic Party is the one for you.
    • “As shown via the summary rows at the bottom, stocks have performed better in all four cycle years under Democratic presidents.“

As for the sectors, no rhyme and reason is found regarding the political party in charge. Check out the article for the fuller deets.

Annie shared Infidel753’s post about polls and the chance for a blue sweep. Infidel753 cautions that they might not be right, but they point out some trends, logic, and past results for why a blue wave might happen. Check it out.

The brilliant boy, Elon Musk, has the classic Trump grasp of governing. As do Trump supporters. Musk warns about some hardships trying to immediately slash the government’s burden. From what I’ve understood of the Federal budget process, Congress controls it.

“The Constitution makes clear that Congress holds the power of the purse, giving it authority “to lay and collect Taxes, Duties, Imposts and Excises” and specifying that “No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by law.” In short, federal taxing and spending requires legislation that is enacted into law.”

As usual, the Constitution and its strictures mean nothing to the GOT Party. They just want to do what they want to do.

Vote blue. I have.

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