Wednesday, September 18, 2019

from the heart ...

"You're crazy! Are you out of your mind?!"

Yes, those were my words when Ken first talked to me about running for President. I think I even said, "Of the United States?"

Well, most of my friends and family know that I was never a political person, had no interest in politics, and always felt like my little voice would never count in government issues.

Being on the road for 78 days (yes, I counted) has changed my thinking. I've had many opportunities to listen to people in organized meetings and events, coffee shops, diners, retail stores and living rooms -- a lot of them.

Over the months, we ran into people who are happy with the government, and those who didn't really have an opinion, but a comment commonly made was about the degree of hate in our country -- division, no civility, and how we are polarized.

Those comments confirmed one of our reasons for campaigning. We want to help the country begin to heal. To start having respectful conversations. Reminding people that it's okay to disagree, but we don't have to attack and hate people.

I strongly believe if we work together to make changes and set examples, great things will happen. You've heard the phrase, "It takes a village." Well, it does, and in this case, it takes all of you.

We need to get back to doing the heavy lifting, like the "Greatest Generation," or those who have
made great sacrifices for equality. We need to start caring about each other and the truth about what's happening to our nation. Government decisions do affect your life, and the lives of your children and grandchildren.

This is an educational tour for me. I've learned so much, and meeting people from all walks of life has been an incredible experience. (Duke has made a lot of friends, too. Everyone loves Duke the Wonder Dog!)

We need to get our message out. We don't have millions of dollars to spend on ads, but we have you. Your donations will help us move forward, to stay in the game.

Ken has been invited to events in 2020. We need your help. Listen to the podcasts. Share the blogs and posts. And please ... please ... donate generously now. We need you.


Thank you for your support.

Love and blessings,


Serious Concerns over Trump Economy

This report just in from GOP-friendly Fox News concerning the Fed's reduction of the benchmark interest rate by 25 basis points, "citing weakening exports and low inflation."

==== Fox News Report ====
"Although household spending has been rising at a strong pace, business fixed investment and exports have weakened. On a 12-month basis, overall inflation and inflation for items other than food and energy are running below 2 percent ...

"The dot plot that accompanied the decision showed the FOMC's next move is expected to be a rate hike. Meanwhile, the summary of economic projections upgraded the 2019 forecast for GDP growth by 10 basis points to 2.2 percent, while predicting unemployment would be worse, at 3.7 percent, than previously expected."(1)
==== End ====

Despite the chest-pounding in the White House over the "booming economy," economists continue to worry about signs of economic slowdown. Last month, stocks reacted negatively to news of the notorious "2-10 rate inversion" in T-Bills, and today the Fed announced that it will likely resume balance sheet growth(2), apparently as a hedge against a potentially weakening economy.

The news could be very bad for the momentum of the President's reelection juggernaut. A recent ABC News/Washington Post poll also found that 60 percent of Americans believe a recession is somewhat or very likely to happen sometime over the next year.(3) As news of the economic damage being done by the President's trade war with China becomes more widespread(4), more potential voters are looking for someone besides Trump to be their banner carrier.

As my readers know, I believe the solution to China's trade dominance and currency manipulation is to open new trade markets around the world, eliminating the lingering results of the unfair trade advantages the United States gave to China with "Most Favored Nation" trading status. Freedom, not more government control, is the solution to our economic woes.

www.armstrong2020.com

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Footnotes
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(1) https://www.foxbusiness.com/economy/federal-reserve-system-interest-rate-cut-september-2019
(2) https://www.cnbc.com/2019/09/18/powell-says-its-possible-the-fed-will-have-to-resume-balance-sheet-growth.html
(3) https://fivethirtyeight.com/features/whats-going-on-with-trumps-approval-rating/
(4) https://www.foxbusiness.com/…/u-s-china-trade-war-fedex-hurt