Trump vs the mainstream media – could Trump be winning?

(Friday/weekend blog)

The mainstream media’s war against Trump

Virtually all news coverage of democratically-elected US president Donald Trump by the progressive, liberal, elitist mainstream media is negative. Either journalists dig up stories ridiculing Trump or else they decide to not report when he has successes. Probably no other US president has had to put up with the seemingly never-ending deluge of scorn, derision and insults that Trump has. It’s almost a wonder he can bothered to get out of bed in the morning and doesn’t just walk away from the presidency.

So, here’s a story the BBC and other Trump-hating media may have ‘forgotten’ to report

Trump’s tax reform is already seeing benefits

When Trump succeeded in passing his US tax reform, most of the mainstream media, especially in Britain, dismissed it as giving money to the rich and being aimed at increasing Trump’s personal wealth.

Tax reform used to be an impossibility in the US. Every politician aimed to reform the tax code. And then failed because the task was so herculean. Trump got it done. Even his enemy CNN reported that 90% of workers are likely to see more money hit their bank account as a result of the reforms.

But the biggest change is on the corporate income tax rate. Trump lowered it from one of the highest rates in the world to the average level of European rates. And the first results are already happening.

Apple is planning to pay $38 billion in tax this year as part of a Trump repatriation deal. That’s more than the bottom 50% of American taxpayers paid in 2014.

But Trump’s victory on this goes deeper. Democrats are worried the drop in corporate tax rates will add an average of $140 billion a year to the deficit over ten years. His plan to change the tax system was ridiculed because companies would not bring their cash back into the country, thereby avoiding taxes. Which means Apple alone, with its $38bn, has dented Democrats’ claims by about a quarter financially by proving them wrong. When other companies follow, the democrats and mainstream media will look really stupid and will launch many more personal attacks on Trump.

Not only that, but Bloomberg is reporting the iPhone maker will give employees a $2,500 bonus thanks to the changes in tax law. And it’ll spend $30 billion on a technical support campus and data centres, creating 20,000 new jobs in the US with the repatriated cash from the Trump deal. Ooops, did the BBC ‘forget’ to mention that? What a surprise!

It’s early days, but the tax deal appears to be working extraordinarily well. So well that other countries including Britain and Australia are considering lowering their corporate tax rates too.

Trump’s favourite indicator of his success is the stockmarket. You’ve heard about stocks surging. But did you know forecasted earnings per share are too? They’re up 3% since Trump’s tax reform passed.

Source: Zerohedge

If company earnings are expected to surge, then a surging stock-market logically follows.

Trump fights back against ‘fake news’

But Trump is not running scared of all the negative press. He’s doing the opposite – he is attacking the media head on. That’s something no other democratically-elected politician would ever dare to do. By exposing ‘fake news’ stories, Trump has already had several reporters suspended and fired, including three resignations from CNN over a single story! Assuming the president is behind his tweets, this is an extraordinary achievement. Most heads of state need to use the law to crack down on the media. Trump just fires off a few tweets.

And now Trump has issued a list of some of the most misleading anti-Trump news stories of 2017.

It’s wonderful to see someone who is not afraid of facing down the biased, progressive, liberal, elitist media:

1. The New York Times’ Paul Krugman claiming on the day of Trump’s victory that the economy would never recover.

2.  ABC reporter Brian Ross reporting that Trump directed former national Security Adviser Michael Flynn to make contact with Russia during the election.

3. CNN reporting that Trump and his son Donald J Trump Jr had access to hacked documents from WikiLeaks.

4. TIME reporting that President Trump removed a bust of Martin Luther King Jr from the Oval Office.

5. Washington Post reporting that the President’s sold-out rally in Pensacola, Florida was empty.

6. CNN editing a video to make it appear Trump overfed fish during a visit with the Japanese prime minister.

7. CNN reporting about Anthony Scaramucci’s meeting with a Russian, but retracted it due to a “significant breakdown in process.”

8. Newsweek reporting that Polish First Lady Agata Kornhauser-Duda did not shake President Trump’s hand.

9. CNN reporting that former FBI Director James Comey would dispute Trump’s claim that he was told he is not under investigation.

10. The New York Times claiming that the Trump administration had hidden a climate report.

11. Media reporting that Trump colluded with Russia during the Presidential election.