Anonymous ID: 0176a2 March 1, 2019, 5:35 a.m. No.5446852   🗄️.is 🔗kun   >>6868

The White House (info@mail.whitehouse.gov)

Thu, Feb 28, 2019 10:09 am

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West Wing Reads

Rep. Adam Kinzinger's Report from the Border: More Drugs, More Human Trafficking

 

“Rep. Adam Kinzinger, R-Ill., has been deployed to the southern border as a member of the Air National Guard four times now, and says he's never seen more drug smuggling and human trafficking than he did on his most recent deployment this month,” Anna Giaritelli writes.

 

“Before going on my recent border mission with the Air National Guard, I was neutral on the need for a declaration of national emergency,” Rep. Kinzinger wrote on Facebook yesterday. “After witnessing the dangerous drug cartels and heinous human trafficking cases, I am more convinced than ever that this is the right thing to do for the safety and security of our country.”

 

Click here to read more.

 

In Bloomberg, Katia Dmitrieva reports that U.S. economic growth beat expectations as business investment picked up and GDP rose to 2.6 percent last quarter. “The report shows how Republican-backed tax cuts may have continued to aid growth and help bring the full-year figure to 3.1 percent, just above President Donald Trump’s 3 percent goal.”

 

In Fox News, James Jay Carafano writes that President Trump sent a message that matters by ending the North Korea summit. “The ongoing pressure campaign is what actually protects us and our allies from the threat of North Korea’s nuclear weapons. To relax the pressure before Kim gives up his nukes would put Americans at risk. Thankfully, the president stuck to his negotiating objectives . . . Trump is not Obama. He won’t cut a deal just so he can say he cut a deal.”

 

“The White House on Wednesday praised airlines in Vietnam for signing agreements to purchase more than $20 billion in U.S.-built planes and technology. President Trump and Vietnamese President Nguyen Phu Trong attended a signing ceremony that involved trade deals between a number of airline companies based in the two countries,” Zachary Halaschak reports in the Washington Examiner. These agreements reflect the deep economic partnership between the United States and Vietnam today.

 

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Anonymous ID: 0176a2 March 1, 2019, 5:42 a.m. No.5446923   🗄️.is 🔗kun   >>6961 >>7056 >>7284 >>7367

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1600 Daily

The White House • February 28, 2019

3 percent growth isn’t a fairytale, after all

 

For the first time in 13 years, America’s economy hit the 3 percent growth milestone for a calendar year, thanks to an expectations-beating fourth quarter in 2018.

 

GDP grew by 3.1 percent from the fourth quarter of 2017 to the fourth quarter of 2018. Because of the math behind how GDP growth is calculated, this time period is “a better measure of how the economy actually performed in 2018” than a year-over-year figure, according to former President Obama's top economist.

 

For two straight years, growth has matched or exceeded the Trump Administration’s own forecast. That result will come as a surprise to some of the President’s critics. “Apparently, the budget forecasts that U.S. economic growth will rise to 3.0 percent because of the administration’s policies,” one prominent liberal economist wrote in 2017.

 

“Fair enough if you believe in tooth fairies,” he added.

 

Those predictions haven’t aged well. In the real world, the Trump Economy continues to bust expectations across the board. Job growth in January 2019 reached 300,000, for example—compared to the Congressional Budget Office’s January 2017 projection of 71,000 per month. And for the first time in a decade, wages rose 3 percent.

 

This growth isn’t a continuation of the economy President Trump inherited. It’s an acceleration. Had the pre-2017 growth trend continued, economic growth would have been 2 percent in both 2017 and 2018. The actual 3.1 percent growth rate we got in 2018 represents $280 billion more in American economic output.

 

"The [GDP] report shows how Republican-backed tax cuts may have continued to aid growth and help bring the full-year figure to 3.1 percent, just above President Donald Trump’s 3 percent goal,” Bloomberg reports. Indeed, the 1.1 percentage point above expected growth “is almost exactly in line” with what economic research suggests would happen if a tax bill “of the same magnitude as the Tax Cuts and Jobs Act” took effect, the Council of Economic Advisers wrote today.

 

In others words, we have some bad news for pessimists on the American economy: It turns out pro-growth policies actually deliver growth. Who knew?

 

Why 2018 was a banner year for the U.S. economy

 

Watch Larry Kudlow: “The policies are WORKING.”

 

‘Sometimes you have to walk’

 

President Trump returns home tonight from Hanoi, Vietnam, where he met with both Vietnamese leaders and Chairman Kim Jong Un of North Korea over the past few days.

 

“I want to thank all of the people of Vietnam for having treated us so well,” President Trump said. Among meetings with Vietnamese President Nguyen Phu Trong and Prime Minister Nguyen Xuan Phuc, President Trump also participated in the signing ceremony for commercial trade deals that will support more than 83,000 American jobs.

 

On North Korea, President Trump held firm on America’s terms: Nothing short of progress toward complete, verifiable denuclearization will result in sanctions relief.

 

“I think our relationship is very strong,” President Trump said of Chairman Kim. “I think, actually, it was a very productive two days. But sometimes you have to walk, and this was just one of those times.” Secretary of State Mike Pompeo added that “we didn’t get to [a deal] that ultimately made sense for the United States of America . . . I hope we’ll do so in the weeks ahead.”

 

Watch President Trump’s press conference from Hanoi, Vietnam

 

Photo of the Day

 

Official White House Photo by Joyce N. Boghosian

President Donald J. Trump, joined by Secretary of State Mike Pompeo, holds a news conference after his summit with North Korean leader Kim Jong Un | February 28, 2019

 

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