Fire and Fury: It’s the Economy Stupid, Not the Book

Fire and Fury: It's the Economy Stupid, Not the Book. Image Source: Fox2Now
Fire and Fury: It's the Economy Stupid, Not the Book. Image Source: Fox2Now

Fire and Fury is all over the news, but it’s the WRONG Fire and Fury making news.

It’s the economy, stupid.

While Michael Wolff’s Fire and Fury book excerpts dominate the news cycle, there is real news getting no media traction. The Dow Jones industrial average topped and closed above 25,000 for the first time Thursday, kicking off 2018 where it left off last year with sizable stock market gains.

If not for the President’s Twitter account, many Americans probably wouldn’t hear this news. Unless they watch business news, which most Americans don’t. The Fire and Fury of the stock market is one of the most under reported trends of President Trump’s first year.

Then, of course, there is the economic reaction to the newly passed Tax Cuts and Jobs Act. Again, President Trump’s Twitter account is the most likely place Americans will see the Fire and Fury of the economy.

The majority of Americans get their news from social media and far left “mainstream” media. Where the President’s ‘my nuclear button is bigger than yours‘ tweet made headlines.

The same “mainstream” media is now engaged in wall to wall coverage of excerpts from Wolff’s, Fire and Fury, book. Excerpts that have already been debunked and discredited without the book even having been released yet.

However, the hysterical leftist media has made hay (ratings and ad revenue) from the rift between President Trump and former adviser, Steve Bannon. During the daily briefing Thursday, the press was fixated on the book. Sarah Huckabee Sanders was pelted incessantly with both specific and general question’s related to allegations in the book.

Back to the econony, stupid. What else aren’t you being told? On Nov. 2016, when Trump was elected, the unemployment rate (the U-3 rate most are familiar with) was at 4.9 percent. That’s actually not bad considering the “natural unemployment rate” is 4.5 – 5.0 percent. It is now 4.1 percent.

The real unemployment rate (U-6) is a broader definition of unemployment than the official unemployment rate (U-3). In Nov. 2016, at Trump’s election, the U-6 unemployment was at 9.5 percent. The real unemployment rate includes the underemployed, the marginally attached and discouraged workers. Nov. 2017, a year later, it was at 8.0 percent, down 1.5 percent.

Salacious, tabloid news is good for ratings and advertisers, but harmful to the American people. Many have latched on to the President’s Fire and Fury comment directed at North Korea last year.

However, few have applied it where it is most fitting, It’s the economy, stupid. Our stock market is on fire, employers are furiously hiring, expanding, giving bonuses and raises.

If you really want to see Fire and Fury, it’s not happening as a nuclear exchange and it’s not happening in a tabloid tell-all book. It IS happening in the economy!

Here you’ll find a list of President Trump’s other accomplishments in his first year, that rarely get reported.

About the Author

Jon Britton
Author, Advocate, Blogger & Zombie Aficionado. Air Force veteran and jack of all trades, with a wide range of experience with many different cultures around the world as well as working alongside both CEOs and average Joes. "Writing was never a goal or even vaguely contemplated as a career choice, it just happened, an accidental discovery of a talent and a passion." A passion that has taken him in many directions from history to zombies to advocacy to News especially in this day and age of "Fake News" and "Alternative Facts." The Truth Is Out There!

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