Wednesday, July 17, 2024

Consumer Spending In June Holds Steady and Continues to confuse the Experts.

 The U.S. Commerce Department reported that retail sales for June were the same as May even though May's numbers were revised up 0.3% from the first reports.  The negative voices predicted June's retail sales would be 0.3% less than May's number and have disregarded that the economy has been holding steady for the past 42 straight months despite inflation.

Since retail sales represents 70% of the economy, job creation at record levels, unemployment rate is at historical low level and reached a record stretch not seen since the 1960's, there has been no justification of recession talk that started two years ago in the second quarter of 2022.  The primer that could set off an economic recession are the Feds high interest rates for so long.  It is past time to start lowering them and ignore the notion that the way to fight inflation is to weaken the economy, losing jobs, raising the unemployment rate and put people out of work.  That is a false economic and monetary policy. 

The U.S. economy has come a long way after following the economic and fiscal disaster of the Trump administration.  The Biden administration inherited record deficits, record spending, 2.7 million jobs lost, the largest number increase in the national debt of any President's 4 fiscal years $8.2 trillion, the largest single year deficit ever, COVID and the results that followed.  The Biden administration also had to cope with Trump's attempt to overturn the 2020 election and the peaceful transfer of power to the new administration.  

President Biden was up to the task, turned thing around for the country and its people with plans and policy that worked to address the issues at hand.  The results for the past 42 months has been remarkable despite the negative voices of doom and gloom.  The greatest threat to the economy between now and the end of Biden's term will fall to what decisions the Feds will make.  It should not be taken for granted.

This commentary was written by Joe Lorio

Tuesday, July 16, 2024

The Democratic Party Warned About The Dangers of Donald Trump's Toxic and Violent Rhetoric and The Resulting Consequences.

 And what took place in Butler, Pa., on Saturday at Trump's campaign rally was hardly a surprise to those who pay attention.  The violence that took place, killing two people and wounding Trump and others has come around full circle.  Trump's toxic rhetoric feeds those on the edge, regardless friend or foe and Trump's violent rhetoric began in Iowa during a campaign rally in 2016 when he told his audience he could go out and shoot someone on 5th. avenue and would not lose any votes.  In other words, he supported political violence.

Then when President Trump launched his mob's violent attack on the nation's capitol, the mob tried to hunt down Nancy Pelosi, carried signs that read hang Mike Pense, destroyed property, injured people, Trump proved his thirst for violence when he failed to call off his mob even after his advisers advised him to do so.  He also cemented his tolerance for violence after hundreds of his mobs were tried in court and found guilty, Trump called them patriots.  He later said, if re-elected, he would pardon those mob rioters.  His thirst for violence became even greater.

The New York Judge in Trump's court trial concerning the Stormy Daniels matter had to gag him for his toxic rhetoric against the Judge's daughter, clerks of court, jury members and others who later received threatening emails and phone calls.  Trump did the same thing to poll and election workers who also received threatening emails and phone calls.  Those are just some of Trump's political toxic and violent rhetoric and the GOP has been with him all the way.  

Trump's ongoing toxic rhetoric lit the fuse for what took place in Butler, Pa., on Saturday.  Some in the GOP said after the shooting we have to turn down the temperature.  They are the same ones who turned up the temperature in supporting Trump's mob attack on the capitol instead of condemning the violence and Trump's attempt to overturn the election.  The shooting will not change the extreme attitude of Trump and his party because they have chosen to be a cult and not a party.

President Biden, the democratic party and the January 6 committee were on the right side of American democracy and the law when they warned of the dangers of Donald Trump's toxic and violent rhetoric and consequence that would follow.  And former Secretary of State Hillary Clinton was the first to warn the nation during the 2016 Presidential campaign.  

The public should use their vote in November to keep Trump far away from the White House.  His tolerance for toxic and violent rhetoric is a disease.

This commentary written by Joe Lorio 

Monday, July 8, 2024

Forget About Presidential Immunity: Donald Trump Is Still A Convicted Criminal, Sexual Abuser, Fraudster and Serial Liar.

He is also a former President who while in office tried to overturn the 2020 Presidential election and obstruct the legal transfer of power to the newly elected President Joe Biden.  Presidential immunity is not given to nor is needed by any President who obeys the rule of law and the constitution.  It is also not needed for a President who upholds his oath of office.  Donald Trump and his GOP know this and that is why they are trying to overturn Trump's New York conviction and the state of Georgia from prosecuting Trump by Georgia's Attorney General.

What Trump fears the most now is being sentenced to prison before the election over the 34 felony counts he was found guilty on by a 12 man-woman jury of his peers that was approved by Trump's lawyers and the prosecutor's lawyers.  As usual Trump accused the jury of being corrupt and biased.  America the Beautiful has never been exposed to such an unfit person for public office and a ditto head republican party that is unfit to govern in congress.

The country has been exposed to Trump's corruption and toxic behavior and chaos for the past 8 years and the media still feels it has to enable the criminal.  It is way past time for the media to tune out Trump's toxic rhetoric, lies and misinformation.  We have heard it all over the past 8 years and there is nothing left to add.  Let him address the nation over his own social network so those who want to continue to get toxic can do so on their own.   

Enough is enough, the convicted criminal should be treated like one.  America the Beautiful must overcome.  And that really says it all.

This commentary written by Joe Lorio

Sunday, July 7, 2024

The U.S. Economy, Job Creation and The Unemployment Rate for June 2024.

 The U.S. Labor Department reported that the economy added 206,000 jobs in June and the unemployment rate came in at 4.1%.  It was 4% in May.  It was the 41st straight month of positive job growth and the 4.1% unemployment was still within historical low territory.  In the same time period during the Trump administration the unemployment rate for June 2020 was 11%.  The job numbers exceeded that predicted by ADT and the negative voices who were predicting somewhere around150,000 jobs.

After the report was released, the usual banter took place in social media.  The  Pros and Cons were all over the lot; some still talking about a recession; a soft landing for the economy; no recession in 2024 and the beat goes on and on.  The question when the Feds will lower interest rates changes every day.

Three and half years after the President took office the economy is still doing well, creating jobs, keeping the unemployment rates at historical low levels, keeping America working and spending despite inflation.  The recession predicted for the 2nd quarter of 2022 never took place then or as of this writing.  Top economist, the negative voices, many CEO's with financial institutions urged the Feds to raise interest rates high and fast when inflation first took hold.  The idea was to cool the economy, raise unemployment with major layoffs, a failed ideology that hurts the consumers more than anyone else.  Now those same voices are talking about a shrinking job market, higher unemployment and are urging the Feds to cut interest rates.  

It should be noted that the unemployment rate when Biden took office in January of 2021 was 6.3%.  Only one republican administration in the last 80 years left office with an unemployment rate lower than when he took office and that was Ronald Reagan.  But every democratic administration during that same time period left office with a lower unemployment rate than when he took office with the exception of President Carter where the unemployment rate stayed the same.  GOP administrations have a terrible record on job creation and lowering the unemployment rate and Trump continued the tradition as 2.7 million jobs were lost on his watch.

President Biden, unless things change between now and the end of his term can continue the democratic precedent of positive job growth and lower unemployment for Americans.

Note:  Unemployment information herein taken from the historical records of the U.S. Labor Department

This commentary written by  Joe Lorio   


Thursday, July 4, 2024

The Philadelphia Inquirer Newspaper and PolitiDose Commentary Have a Lot In Common.

 The Editorial Board of the Philadelphia Inquirer newspaper recently wrote commentary after the Biden-Trump debate and called on Trump to withdraw his candidacy for the Presidency.  Their reasons why were numerous and concerned many topics as to why Trump should withdraw.  The Board also expressed the opinion that Trump should never have been invited to the debates in the first place and the reasons why.

And strange as it may seem to some, PolitiDose past commentaries came to the same conclusion and expressed almost the same identical reasons why and why Trump was so unfit to hold any political office, much less the Presidency.  And to top it off, the Board and PolitiDose commentary unknowingly, at the same time used the same word in pointing out that "on Biden's worse day, he was a better man than Trump, a better President and Presidential candidate for re-election."  When this writer read the Board's commentary on 7/3, it was actually published on 6/29, I was happy to see a newspaper and it's editorial Board take such a stand when the media in general has sought to enable Trump.

The Board's reasons for their position should be easy to understand by all with an open mind.  It comes at a time when the negative voices of Trump and his supporters continue to show little respect for what America the Beautiful is all about.  This writer looks forward to more positive commentaries from the Board on the subject.

This commentary written by Joe Lorio

Past PolitiDose commentary on the subject can be read by logging onto:  politidose.blogspot.com 

  


Wednesday, July 3, 2024

The Supreme Court's Decision On Presidential Immunity Can Be Negated By An Informed Electorate.

 Monday's Supreme Court ruling giving never before authority for a President to be king fits in with Trump's previous actions and his continued lust for power.  It is a power no previous President has sought and if in fact was the law during the Nixon administration, Nixon would have never resigned as the court at that time ruled against Nixon.

The American people have an opportunity in November to negate the court's decision and keep America the Beautiful, Beautiful by voting against Trump, the criminal, sexual abuser, fraudster and serial liar and end his lust for power and kingship.  That will keep the Presidency in the hands of the democratic party who would be in a position to appoint any new Supreme Court members and help balance the court.  And if the democrats end up controlling both houses of congress, could pass legislation that would return the limited immunity of the Presidency provided in the constitution and what our forefathers intended.

Voting against Trump is the best way to ensure he will never be a king, that American democracy will continue with the rule of law and our institutions will remain free from personal attacks.  Keeping Trump out of power will also assure the present indictments against him will go to trial and not allow him to use the Supreme Courts new immunity decision to become king and stop those indictments.  American democracy is on the ballot, make no mistake about it.

And so my fellow Americans, in November vote against Donald Trump and keep America the Beautiful, Beautiful.

This commentary written by Joe Lorio 


Sunday, June 30, 2024

The Presidential Debate That Never Was: It Was Another First For PolitiDose Commentary On The Subject.

 Thursday night's Presidential debate was the subject of three PolitiDose commentary dated, May18, June 1, and June 14 and why Presidential debates are useless and unnecessary, especially this debate between Criminal Trump and President Biden because Trump will lie about everything, both have a record, already on RECORD and it is impossible to debate a serial liar.  And sure enough, PolitiDose commentaries were right on target.

After the debate, pundits in the media displayed their ignorance with their comments about the President's performance, but as usual said nothing about Trump's lies all thru the debate.  The media attacked Biden for not responding boldly to Trump's lies about January 6 even though the President has been doing so in a forceful manner since he took office three and half years ago and in a public way to Trump's attempt to overturn the 2020 Presidential election.  Does any one think the President, in a debate with only one minute allowed to reply needs to affirm his position he has taken since day one?

CNN took itself off the hook when they refused to counter any of Trump's lies.  The media in general has taken the same position since Trump's actions on January 6.  In fact, it is safe to say that a large segment of the main street media has joined the conservative media in becoming Trump's patsy, surrogate and enabler.  They failed the simple test of accepting that Trump, a serial liar, convicted criminal, sexual abuser, fraudster and a former President who tried to overturn a Presidential election is unfit for any political office and unfit to be invited to any political debate.  

The bottom line tells us that on President Biden's worse day, he is still the best man and most qualified nominee to be re-elected.  And he has the real RECORD  of performance that can be backed up by FACTS.  A ninety minute false debating show is not a defining moment like the media would like the pubic to believe.  Long ago this writer expressed the opinion that the President would not run for reelection, not because of age, but because it is time to turn to a new generation of capable democratic leaders that are available now.  The President has accomplished much for the country and its people since the disaster of the Trump years and will end his term in office as a winner who cared for democracy, the country and its people.  

The media who created Trump and the negative voices have been on the wrong side of America the Beautiful and the positive accomplishments that have taken place on President Biden's watch.  All should remember the wise words of the Sumerians, who over 6000 years ago said they were taught, "The Key to a better future is learning from and understanding the failures of the past."

And 6000 years later, that is the key in the November Presidential election.

This commentary written by Joe Lorio   

Tuesday, June 25, 2024

Did Donald Trump Visit New Orleans To Raise Money For His Campaign Or His Legal Bills?

 A New Orleans Advocate article in Tuesday's edition tells us that Trump was in New Orleans on Monday and raised $5 million at the uptown New Orleans home of Boysie Bollinger, a major republican fundraiser in Louisiana.  Louisiana's U.S. Senator John Kennedy, Governor Jeff Landry and Louisiana's representative Steve Scalise were there in support of Trump and the fundraiser.  It has been reported that Trump has used fundraising to pay his legal bills in connection with his indictments and trials.

The event was a sad day for the state and city having a convicted criminal come calling for money and some elected officials and willing contributors support such a person for the Presidency.  The article noted there were some pro Trump and anti Trump protesters near the site expressing their thoughts, but no problems resulted.  Tyler Bridges, the author of the article displayed how the media continues to enable criminal Trump when he made a comment completely unrelated to the event when he said and I quote, "Biden also suffered a legal blow when a jury in Delaware convicted his son Hunter Biden two weeks ago of lying about his drug use on a federal background check form."  That was a legal blow to Hunter and not the President as Bridges suggest.  Hunter Biden is a grown man, does not hold public office and is responsible for his own actions.

The last sentence of the article ends with these words.  " An 8 year old boy nearby holding a sign.  It read, Love, not hate."  That sign tells the story of Trump's corruptive life.  There is no love to anything Trump touches because he, himself is toxic.  This writer believes Louisiana and America the Beautiful, should reject a Presidential nominee whose resume includes a convicted criminal, sexual abuser, fraudster and former President who attempted to overturn the 2020 Presidential election and prevent the peaceful transfer of power and who still faces multiple indictments and trials.  The people should also reject the notion, that kind of behavior is the NORM for political office. 

This commentary written by Joe Lorio

  

Monday, June 24, 2024

Donald Trump Supports Louisiana's Ten Commandments.

 Last Saturday in Washington speaking before Evangelical Christians, Trump endorsed and invoked Louisiana's new legislation requiring the 10 commandments be displayed in every public school class room.  A day earlier on his Social media network he posted the following:  "I love the 10 commandments in public schools, private schools, and many other places, for that matter.  Read it, how can we as a nation go wrong???

Donald Trump, the former President, convicted criminal, sexual abuser, fraudster and adulterer evidently never read the 10 commandments himself.  How could HE go wrong???  He has lived a life of violating the spirit of the commandments and the actual laws.  Does anyone really believe Donald Trump loves the 10 commandments as he proclaims too.  Trump is no moral leader of the people or the nation nor anyone else who uses the commandments for political purpose.  Trump and his so called religious crowd would like to see the U.S. become another Middle East where religious thought control people's lives which has been toxic to peace and democracy in that area for over 2000 years.

The 2024 election for President has only one real candidate that understands what America the Beautiful is all about and how and why our forefathers gave us a constitution that require the separation of church and state.  That generation of leaders, void of computer or A1 technology, understood what would make the country the great country it is and how the people themselves can determine their own fate and direction without religion looking over their shoulders.  

For Trump and his supporters, division is their goal and religion is one of their methods to achieve division.  Many years ago President Clinton said the only way the GOP can win elections is by dividing the country, it is their only card to play.  The voters made the right choice in the 2020 election when they elected Joe Biden President.  The 2024 election turns out to be a very, very important one because President Biden's opponent has a criminal record and a record of corruption.  He is totally unfit for office, has an un-American and anti-Democratic ideology that tried to overturn the 2020 Presidential election and prevent the lawful and peaceful transfer of power to the new administration.  Trump has also been a serial liar since day one and it continues today.  

President Biden is the SANE President and candidate whose policies moved the country in the right direction after the economic recession and COVID pandemic during the Trump years.  The facts tell the story of his Administrations success with the economy and putting America back to work.  It is this writer's judgement that President Biden is worthy of being reelected President of the United States.

This commentary written by Joe Lorio


Wednesday, June 19, 2024

Another Big First For PolitiDose Commentary.

 Monday night on MSNBC's show The Last Word with Lawrence O'Donnell, part of his offering statemen was about Democratic administrations governing much better than Republican administrations do and how President Joe Biden has been the SANE voice for America among the toxic rhetoric and the good job Biden has done with the economy.  He also spoke of the new political add by Biden set to start running which reminds the voters that Trump is a convicted criminal, an abuser of women and a fraudster.  

And if all that sounded familiar to the viewing public it's because you read it here first in PolitiDose commentary.  Commentary that reminded the people that Biden and the Democrats were the only SANE people in Washington doing their job while Trump and the GOP were being their usual toxic self dividing the country.  It was also PolitiDose commentary that reminded it's readers that Trump was not only a convicted criminal but called attention to his abuse of women, his fraud history and defamation.  

In fact, PolitiDose commentary has for the past 10 years spelled out why Democratic administration are best at governing America the Beautiful.  And they are best at governing every phase of the American economy.  MSNBC and other media networks are slow to realize the facts, tardy in reporting the good news and spend too much time on the negative voices who have no accomplishments.  With 5 months left to the November elections, the media should tune out the negative voices and pay attention to the positives of the past 45 months and the balance of this year which economist are now saying will be a strong second half.

This commentary written by Joe Lorio