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In God we trust. The Flag. The National Anthem.
When elected Democrats sat unmoved during the State of the Union address last week as the president embraced these defining symbols of our nation, I was shocked, embarrassed and somewhat frightened.
Chuck Schumer and Nancy Pelosi have been insisting that $1,000 bonuses to workers are chump change, an degrading insult that should make the workers seethe with rage. I have a feeling that's not what most of them were doing as they strolled into the bank to cash or deposit those unexpected checks. But if Chuck and Nancy don't like $1,000 bonuses, maybe they'd feel better about rising wages at small businesses.
Here's an observation that isn't even open to debate: If a business find itself with more capital on hand than it expected, it will use that capital in whatever way it believes will best support the company's pursuit of its goals.
President Trump and conservatives are calling it the Schumer Shutdown. Senator Chuck Schumer and the liberals are calling it the Trump Shutdown.
Most of us don't care, and most of us are not directly affected by the shutdown.
Dan gave me credit for this the other day, but I'll take some myself if that's OK with you.
He remembers from his days as my syndicate editor that I was talking a decade ago about the need to repeal the tax on repatriated profits. It wasn't a hot topic of conversation at the time. There weren't a lot of pundits or politicians talking about it.
Two years ago, I wrote that the Dream was on hold:
The economy is stalled. Business expansion is stalled. There are fewer doors of opportunity for people who want to run through them. Median incomes are declining. Taxes and the national debt are increasing.
Last Sunday I talked about why it's actually a good thing for the economy if businesses use their tax savings for stock buybacks, because it puts more capital in the hands of investors who will likely find productive uses for the cash. This was a partial rebutall to the bluster from Democrats like Elizabeth Warren that businesses would do nothing to "help workers" with the tax cut.
After nearly a year of the Trump presidency, it is clear that Trump Derangement Syndrome is here to stay among the liberal media and the so-called Democrat leaders in Congress.
We told you on the radio Thursday that Elizabeth Warren gets more wrong by the day. She insisted before the tax cut vote in December that the corporate rate cut would not benefit ordinary people at all, because the corporations would just use the saved money for stock buybacks and executive bonuses.
First we were told Donald Trump could never win the nomination. Then we were told he couldn't win the election. Then we were told no good people would join his administration. Then we were told he could never govern. Then we were told the Republican legislative agenda was impossible.
You wouldn't know the American Dream is alive and well through the narrow lens of the media. That’s the message I shared with students at the University of Houston last week.
