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Wednesday, February 11, 2026

Bull Market

 


Friends, the Dems and the media talking heads -- those irrepressible gloomy Guses -- have been trying to convince Americans ever since, oh, January 20th, 2025, that the economy BLOWS!!!  Well, news flash: it doesn't!  Today job growth beat estimates, the unemployment rate fell, wage gains remained robust, and, as per Peter Navarro, the early signs of a manufacturing renaissance are upon us.  This is all very good news, needless to say.  The bad news, however, is that the politics of the U.S. economy are largely about perception, not reality, and perceptions are still pessimistic, to say the least.  Be that as it may, if we really were in a recession, Republicans' goose would be cooked in November.  As it is, we at least have a fighting chance.

 

https://www.cnbc.com/2026/02/11/jobs-report-january-2026-.html 

 

https://www.washingtontimes.com/news/2026/feb/10/trump-reversed-biden-made-manufacturing-decline/

 

In other news, the U.S. House, including six Republicans, have taken issue with President Trump's tariff policies towards Canada.  I hate to see Trump rebuked by Congress, but on the other hand I happen to agree with those six Republicans that DJT's decision to pick a fight with Canada (over fentanyl???) made very little sense.  And are they the 51st state yet?  No?  Guess that gambit backfired...

 

https://www.bbc.com/news/articles/clyz2142e77o  

 

So, yes, Trump does make the occasional mistake.  On the other hand, the Democrats seem determined to wreck the economy on purpose.  Witness California leftists' campaign to impose a crushing wealth tax on billionaires.  Not surprisingly, those billionaires are heading for the hills -- or, more accurately, for the warm waters of Biscayne Bay.  Can't say I blame 'em.

 

https://www.foxbusiness.com/real-estate/mark-zuckerberg-becomes-latest-california-billionaire-relocate-florida-amid-tax-concerns 

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