3.8.20 News Roundup! There Will NOT Be A Recession Under PDJT & I Will Explain Why, PDJT Is NOT Hoover, Carter or G.H. Bush, PDJT’s Remarks & Press Conference From the CDC Headquarters, PDJT Hosted President Bolsonaro Of Brazil At Mar-a-Lago, Mike Pence’s Sot Down Interview With Judge Jeanine, Another Incredible Ad, Americans Continue To Show Their Love For PDJT, SleepyCreepy Joe Is Absolutely Right, Don’t Believe A Single Poll About the State Of Pennsylvania…..

I was really surprised today to see many folks from our side talking about a recession and what it will mean for our President’s re-election. I have said and will continue to say that there will NEVER be a recession under PDJT.

In order to be in a recession, you need two quarters of negative real GDP growth. They can absolutely kiss the 1st Quarter goodbye. We are 23 days away from the end of the 1st Quarter. As I shared in yesterday’s news roundup, the Atlanta Federal Reserve is currently forecasting a 3.1% real GDP rate.

Recent export versus import data that has come out of China for the months of January and February shows a steep decline in exports versus a much smaller decline in imports.

Guess which country is benefiting BIGLY from that.

According to Reuters, total exports from China dropped 17.2% in January and February.

From the article linked above:

China’s exports contracted sharply in the first two months of the year, and imports slowed, as the health crisis triggered by the coronavirus outbreak caused massive disruptions to business operations, global supply chains and economic activity.

The gloomy trade report is likely to reinforce fears that China’s economic growth halved in the first quarter to the weakest since 1990 as the epidemic and strict government containment measures crippled factory production and led to a sharp slump in demand.

Overseas shipments fell 17.2% in January-February from the same period a year earlier, customs data showed on Saturday, marking the steepest fall since February 2019.

[…] Imports sank 4% from a year earlier, but were better than market expectations of a 15% drop. They had jumped 16.5% in December, buoyed in part by a preliminary Sino-U.S. trade deal.

[…] Soybean imports in the first two months of 2020 rose by 14.2% year-on-year as cargoes from the U.S. booked during a trade truce at the end of 2019 cleared customs.

Meanwhile look what is happening in our country.

From the article linked above:

The U.S. trade deficit for goods and services narrowed to $45.3 billion in January, down another $3.3 billion from a downwardly revised $48.6 billion in December. The first trade balance report for 2020 beat the forecast after 2019 posted the first annual decline since 2013.

Forecasts ranged from a low of $-53.6 billion to a high of $-45.5 billion. The consensus forecast was $-46.1 billion.

We haven’t seen February’s trade deficit numbers yet but based on the reporting from China, the gap will be decreasing BIGLY. When you read the article below, you will see that the 2nd and 3rd quarters are going to be good for our country and our farmers.

From the article linked above:

China’s soybean imports in the first two months of 2020 jumped 14.2% year-on-year, official data showed on Saturday, as cargoes from the United States booked during a trade truce at the end of 2019 cleared customs.

China, the world’s top market for soybeans, brought in 13.51 million tonnes of the oilseed in January and February, up from 11.83 million tonnes a year earlier, according to data from the General Administration of Customs released on Saturday.

[…] U.S. soybeans usually dominate the market in the fourth quarter and the early months of each year, when exports from the U.S. autumn harvest kick in.

[…] U.S. Agriculture Secretary Sonny Perdue on Wednesday predicted China will come to the U.S. market for soybeans in late spring and summer.

Remember the positive ramifications in the 2nd Quarter real GDP rate in 2018 because of the shrinking of the trade deficit.

From the link above:

Growth in U.S. exported goods was 13.3% [Table 1, line 17].
Growth in U.S. imported goods was at 1.0% [Table 1, Line 20]

That combination of massive increases in exports and minimal growth in imports, led to a net increase in overall GDP from exports of 1.06%. [Table 2, line 45]

WE DID NOT DEDUCT from GDP growth due to the net result of imports/exports. We actually exported more goods than we imported.

Let that sink in with what we are now seeing with China versus our country. 

We have one man and one man only to thank for where our country is and the direction it is going in.

PDJT!

Within this article below, you will see why the Democrats, MSM, Leftists, Never Trumpers etc. will do everything in their power to talk our country into a recession. Problem for them is that PDJT is NOT Hoover, Carter our G.H. Bush.

From the article linked above:

America’s mood on the economy argues that Mr. Trump’s polling rise may go higher still. By 7-1 (63 percent to 9 percent), Gallup found Americans saying the economy is good, versus those declaring it bad. By 2-1 (61 percent to 31 percent), they said it was getting better, versus getting worse.  

The economy has been a key variable for incumbents’ re-election success. Since 1916, elected incumbents are 11-3 when seeking second terms. Of the three losers (Hoover, Carter and Bush I), each saw annual real GDP contract within a year of their election. That is unlikely for Mr. Trump now, and just as importantly: Americans feel it is unlikely.

On Friday, our President toured the Centers for Disease Control in Atlanta, Georgia.  At the conclusion of the tour and briefing he delivered remarks to the media and held a press conference.

[Video and Transcript Below]

With very little fanfare, our President hosted the President of Brazil, Jair Bolsonaro, at Mar-a-Lago last night. They had a working dinner.

https://publicpool.kinja.com/subject-statement-by-the-press-secretary-on-the-meetin-1842151733

From the link above:

President Donald J. Trump will meet President Jair Bolsonaro of Brazil at Mar-a-Lago on Saturday, March 7, 2020. President Trump and President Bolsonaro will discuss opportunities to build a more prosperous, secure, and democratic world.

As leaders of the Hemisphere’s two largest economies, they will also discuss opportunities for restoring democracy in Venezuela, bringing peace to the Middle East, implementing pro-growth trade policies, and investing in infrastructure. The President will use this meeting as an opportunity to thank Brazil for its strong alliance with the United States.

The White House provided some background material (link below) on the purposes of the working dinner last night between our President and President Bolsonaro of Brazil.

https://publicpool.kinja.com/subject-background-press-call-by-senior-administration-1842181821

Judge Jeanine had an exclusive sit down interview with VP Pence.

Another incredible ad that is now playing in North Carolina!

Floridians show their love for our President.

They can’t stop Americans from showing their LOVE for PDJT!

This man is who they want to try and beat our LION.

This article below tells you NOT to believe a single BS poll that they report on about Pennsylvania.

Democrats CAN’T win the White House without Pennsylvania. Republicans CAN win the White House without Pennsylvania.

They have to gaslight Americans from the truth.

From the article linked above:

[…] “Natural gas and manufacturing have been demonized and ridiculed on a consistent and regular basis by a cabal of misguided, insulated elites,” DeIuliis stated in his speech in front of 80 of the region’s top business and professional leaders.

[…] Pennsylvania is now the second-biggest state producer of natural gas (after Texas), having gone from producing almost no shale gas at all in 2007 to more than 6 trillion cubic feet in 2016. Oil and gas supported an estimated 323,000 jobs in Pennsylvania in 2015, according to a PriceWaterhouseCoopers study commissioned by an industry trade group.

Democrats running for president this past year have vacillated between a number of candidates who plan to destroy or cripple the shale oil and gas industry, and it hasn’t escaped DeIuliis’s notice. That includes Elizabeth Warren and Bernie Sanders, who both promised to ban fracking on day one of their administrations. Joe Biden has done a dance on the issue, calling the Green New Deal “a crucial framework,” saying he would be willing to sacrifice jobs in the oil and gas industries to transition to a green economy, and supporting “aggressive methane pollution limits” and tight regulations on the sector.

[…] No Democrat has won the White House without Pennsylvania since John Kennedy in 1960; Republicans don’t need it to win, but they did succeed in winning the state for the first time since 1988 when President Trump, a vocal supporter of the industry, won it in 2016 by 40,000 votes.

Places such as Western Pennsylvania, which helped carry Trump over the finishing line, will be closely monitoring how Biden, who appears at the moment likely to win the nomination, is able to satisfy the climate change elite of his party while holding the support of labor and suburban voters who benefit from the industry.

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