Tag Archives: business

Jerry Bowyer: We Can Handle This

I like to use Google Trends to see what people are looking up on the internet as a way of getting a sense of what average people are thinking about. I found that searches for the phrase “economic depression” peaked in late March. Then, in the ensuing weeks, we saw peaks in “better than expected” in the category of business and industry. Then we saw in early May a strong uptick in searches for “economic recovery,” and then a surge in business-related searches using the phrase “largest improvement.”

This basically tracks with the headlines. We saw scary headlines about the destruction of the economy, but then headlines showing that the U.S. economy is more resilient than given credit for. And then recovery headlines—with stats that showed some of the best improvements in decades.

Bottom line: We’re not doomed.

We can handle this.

We are handling it.

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Jerry Bowyer: Time for CEOs to Put Shareholders First

In a recent interview with the Financial Times, legendary investor Warren Buffet criticized businesses for imposing their own political framework on the rest of society. At first glance, this may come as a surprise: Buffet is himself a politically active liberal. But even he can see that “woke capitalism” has gone too far.

As an investor, he’s been consistent in supporting businesses that put shareholders first. The shareholders, after all, are the owners.

Carbon neutrality, LGBTQ activism, sustainability and other forms of virtue signaling are just corporate perks—the private jets of a business class that craves social validation … validation not for being rich, but for being woke.

Such indulgences might win them points in their social set and with elite media, but not with their owners.

If they want to do it, they should at least do it on their own dime.

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Jerry Bowyer: Economic Numbers Look Solid

Despite the ever-present media hysteria, it’s become clear that on the issue that really matters, Trump finished 2019 strong. I’m speaking, of course, about the economy. 2019 started with some economic turmoil and uncertainty. The trade war with China created a stock market whiplash and business anxiety.

But the data shows things have finally turned around. Economic confidence has been rising for months. 52 percent of investors approve of Trump’s handling of the economy, compared to just 32 percent who do not approve.

It’s no wonder that stocks have been hitting record highs. After the tax reform bill, the fundamentals of the economy were strong, and market performance reflected that.

That is, until the trade war killed Trump’s would-be boom in the cradle. Now that Trump is again on solid footing, he could be well on his way to victory in 2020 … as long as he steers clear of another trade war.

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Jerry Bowyer: It’s Time to Pivot Back to Pro-Growth Economic Policies

We’ve seen warning signs over the past few months that economic growth is slowing down. Now it’s official: The latest GDP report shows growth in the last quarter at about 2 percent—well below historic averages.

President Trump’s tax cuts kicked in at the beginning of last year. By last summer the economy was booming.

But now the boom’s worn off. The president blames Fed tightening; most economists blame the trade war.

And, it’s hard to ignore the volatility in our policy environment which gives business what it dreads most: huge levels of uncertainty.

There’s a real danger now that the president could enter reelection with a sluggish economy. He should make a hard pivot back to pro-growth policies, leaning on advisors like Larry Kudlow who helped him deliver the boom of 2018.

A growing economy could be the key to delivering a reelection boom for 2020.

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Michael Medved: Democrats: Badly Out of the Mainstream on Israel

Marijuana

A survey of opinion on the Middle East brings good news to Israel and bad news for Democrats. The Pew Center asked the question: “In the dispute between Israel and the Palestinians, who do you sympathize with?” Among every gender, every racial or religious group, every age or educational level, Americans strongly sided with Israelis.

Only one political group—self-identified Democrats—split nearly evenly between sympathies for Israel and the Palestinians—with 27 percent with the Jewish state, 26 percent for the Palestinians.

By contrast, Republicans backed Israeli by a lopsided ratio of 13 to 1, while Independents favored the Jewish state by nearly 3 to 1. What puts Democrats so badly out of the mainstream?

In part, it’s the moral relativism that’s infected contemporary liberalism, leaving the left reluctant ever to say one side’s right and the other’s wrong. Moreover, Israelis and Americans share a reverence for three institutions many liberals instinctively distrust: the military, business and traditional faith.

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Hugh Hewitt: Masterpiece Cakeshop, Secular Absolutism And Religious Liberty

U.S. Senate

President Trump’s enduring support among evangelical Christians and Mass-attending Catholics befuddles many of his critics.

The genuinely confused, instead of those who merely arch their eyebrows, should realize that for millions of voters, religious liberty remains the overarching issue of the day. And most of those voters are very well aware that religious liberty is on the Supreme Court’s docket this term.

President Trump’s support among Evangelicals and Catholics has not wavered. For those wondering why, it comes down to the issue at the core of Masterpiece Cakeshop: Will Americans be allowed to practice their religious beliefs without fear of ruin from secular absolutists? In the view of these voters, elites believe every knee must bend to their secular creed, not just on matters regarding sexual intimacy but also on issues of when life begins and when death ought to be optional.

For many millions of people of faith, Trump is the last line of defense preventing their having to choose between their religious beliefs and full participation in the community and business. They will choose Trump.

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