Terry Corbell, The Biz Coach
By Terry Corbell
Business Consultant

Why Events Are Creating Hope for Middle-Income Americans



September 13, 2017-


A miracle is taking place in America.

It’s enough to give middle-income Americans hope for them and their families for years to come.

Why?

There’s new economic growth and a mega creation of jobs.

And voters overwhelmingly approve of the recent bipartisan approach by President Trump. More on that later.

This, despite traumatic current events:

Hurricanes Harvey and Irma have resulted in loss of life and hundreds of billions of dollars in damage to infrastructure and homes leaving countless Americans without power and homeless.

Lawlessness has reared its ugly head after countless looters raided damaged businesses and homes in Florida and Texas.

Wildfires – some caused intentionally – have destroyed precious forests in states like California, Washington, Oregon and Montana. Teenagers and a Utah man have been arrested for causing fires in Oregon.

The theft of Equifax data affecting 143 million Americans could lead to years of nightmares for home and car buyers.

Instead of objectively chronicling the news events, poll after poll shows mainstream media bias has reached astronomic proportions.

Freedom of speech is no longer allowed on most college campuses. The Left has violently shut down speakers of opposing views.

Symbolic of America’s political divide, ESPN, the former self-proclaimed worldwide leader in covering sports, continues to suffer from hemorrhaging viewer ratings after firing Conservative sportscasters but supporting Liberal announcers who cross the line in decency. (e.g. Jemel Hill calling President Trump a racist, despite his appointment of women, blacks and Hispanics.)

Democrats have, in some cases, effectively shut down President Trump’s nominees and Republicans resist any Democrat ideas.

Republicans have been dysfunctional in Congress and have only accomplished a few initiatives, but it’s been with little-to-none Democrat cooperation.

Strangely, some influential Republicans are angry that President Trump is bypassing them to reach out to Democrats for needed reforms.

The average American workweek plummeted to just 34 hours as small and medium-size companies cut worker hours because they could not afford the ObamaCare requirements.

Insurance companies have fled dozens of states’ insurance exchanges leaving Americans without a choice in healthcare.

Countless individuals have been forced to drop healthcare coverage as their individual premiums have skyrocketed by double and triple digit percentages.

This year during the hurricane destruction and on the anniversary of 9/11, America’s economic preparedness is worse than ever as the national debt exceeded $20 trillion.

OK, there’s more but you get the idea.

However, here’s some positive news:

In all indices, the stock market has roared to record highs since President Trump’s election. The Dow is up 20+ percent.

Investors are thrilled with the proposed Trump agenda calling for tax and ObamaCare reforms, the elimination of onerous business regulations, federal budget cutbacks, trade policy to bring back jobs and immigration reform.

As businesspeople, investors are not offended by his narcissistic campaign statements.

They understand it’s merely marketing puffery to gain favor with disaffected blue-collar Democrats and Conservatives. (Though unconventional in style, on this site I was able to predict nearly a year in advance Mr. Trump would be elected. Why? He used the five prerequisites for strong results in a marketing plan.)

Trillions of dollars have entered the markets. This means the 401(k) retirement accounts of Americans are gaining wealth.

More investment in companies means they’ll be able to create jobs and invest in equipment and technology. Wages have started to improve.

Already, more than a million new jobs have been created in 2017. The unemployment rate has plummeted to its lowest rate in recent memory.

Trump bully pulpit

Free enterprise is making a comeback as a result of the Trump bully pulpit.

However, many Republican lawmakers, who resent his “drain the swamp” campaign promise, are bristling at the compromise President Trump negotiated with Democrats on the debt ceiling and government spending.

Now he’s doing it with tax reform by holding dinner meetings at the White House with leading Democrats.

For good reason, voters are elated. They haven’t benefited from good-natured political bipartisanship since the 1980s with President Ronald Reagan and House Speaker Tip O’Neill. (I interviewed them both and they had a good working relationship.)

Sixty-six percent of likely voters approve of Mr. Trump’s reaching across the aisle for a bipartisan consensus, according to a Rasmussen poll. This is noteworthy.

Unlike most media polling, Rasmussen was one of only two polls that accurately predicted his election. The other was the USC poll.

Voters are sick and tired of the hubris of politicians.

Hmm. It’s morning in America. With the new bipartisanship and a hard-nosed, determined president, count on it continuing.

From the Coach’s Corner, regarding Mr. Trump’s charm-offensive with Democrats, I know two women who met him years ago and say he’s very kind, accommodating and very personable in-person.

With one, a young mom, he unexpectedly shut down production at a movie studio for an hour to answer questions and to give advice to her young son. For the other, he responded to her request for help even when he was just seconds from teeing off at a golf tournament in Carmel.

Related public-policy articles:

Governments – from Cities to Federal – Dangerously in Debt — The U.S. economy has been slowly mending. However, the situation is bleak for governments at all levels. Why? High debt is dangerous and economic growth is dreadfully slow. This is best illustrated by the enclosed U.S. Debt Clock.

Why President Trump’s Growth Budget, Reforms Matter — Deficit-spending and the resulting massive debt severely damages America’s economic prospects and hurts each American. But a disciplined approach will make America great again — by shrinking the national debt and implementing other needed reforms.

Economy: The High Public Price Tag of Manufacturing Jobs — Donald Trump’s election has prompted a surge in optimism for the economy and stock market, according to authoritative polls. But countless manufacturing workers and their families are on public assistance says a UC Berkeley study. The answers aren’t more entitlements or higher minimum wage. Here are the real solutions.

Avoiding Taxes, Apple’s Irish Strategy Apparently Backfires — The most nonsensical irony in corporate America involves Apple CEO Tim Cook’s tax strategy which has drawn fire from the European Commission. Why? It’s apparently backfiring, and is unpatriotic and shortsighted.

“Things are not always what they seem; the first appearance deceives many; the intelligence of a few perceives what has been carefully hidden.”

-Phaedrus


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Author Terry Corbell has written innumerable online business-enhancement articles, and is also a business-performance consultant and profit professional. Click here to see his management services. For a complimentary chat about your business situation or to schedule him as a speaker, consultant or author, please contact Terry.




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Seattle business consultant Terry Corbell provides high-performance management services and strategies.