It turns out that about 90,000 “Keep America Great” flags for President Trump’s campaign are manufactured not in the U.S.A., but in China. According to China Labor Watch, at one Trump factory in China, workers are forced to work 12-hour shifts, at least 6 days a week, at a monthly salary of just $365, with some workers making less than a dollar an hour. Given the choice between hiring American workers at a living wage or hiring much less expensive workers from China that he can exploit, Trump opts for the low-cost overseas labor day in and day out.
Christopher Murphy, a 44-year-old Connecticut senator, is casting his message at a different segment of millennials — those who live on Twitter, where he offers running political commentary, or listen to podcasts like “Pod Save America,” where he’s made several appearances. His and Mr. Ryan’s campaign slogans write themselves: “You’re Only as Old as You Feel.”
Jump up ^ McAfee, Tierney (October 8, 2015). "Donald Trump Opens Up About His Brother's Death from Alcoholism: It Had a "Profound Impact on My Life"". People. [T]here are a few hard and fast principles that he himself lives by: no drugs, no cigarettes and no alcohol. Trump's abstinence from alcohol was largely shaped by the death of his brother, Fred Jr., from alcoholism in 1981.
Since then, a cottage industry of spreadsheet-diving journalists has worked itself into a lather trying to peg his real net worth. But without tax returns to go on, it’s really anybody’s guess. Despite the all-caps figures Trump has dispensed, most estimates from the established financial-media outlets have been lower, FAR LOWER. Forbes put his net worth at $4.5 billion. Fortune postulated $3.7 billion, and later upped it to $3.9 billion. Bloomberg guessed it was “closer to $2.9 billion.”
For days, Trump had claimed that only Congress could nullify the policy. Shortly before boarding Air Force One for Duluth, however, the president had signed a hastily drafted executive order that effectively ended the family separations. “He was very unhappy,” the Republican who spoke with him recalled. “He was perturbed the immigration issue had gotten out of hand. He’s feeling that being president isn’t as fun as it should be. He thinks he’s not getting the credit he deserves about the economy and North Korea. He said, ‘These people around me don’t know how to sell.’ It’s why he’s going bananas on Twitter. His state of mind is frustration.”
The Center for Public Integrity published an analysis of 2017 first-quarter federal campaign spending records which revealed that two Super PACs supporting Trump, Great America PAC and Committee to Defend the President, had spent a combined $1.32 million on the 2020 election campaign. Ted Harvey serves as the chairman of the Committee to Defend the President. Eric L. Beach and Ed Rollins serve as co-chairmen of Great America PAC. Both PACs have previously been accused by the FEC of poorly maintaining financial records, and had been threatened with penalties. The Center for Public Integrity also found that several other pro-Trump PACs had already been founded in 2017, but most of them had yet to be very active. One such PAC was America First Action, which was founded by the CEO of a political consulting firm for which Trump's 2020 campaign treasurer is the senior vice president.
Trump appeared on the initial Forbes 400 list of richest Americans in 1982 with an estimated $200 million fortune shared with his father. Former Forbes reporter Jonathan Greenberg stated in 2018 that during the 1980s Trump had deceived him about his actual net worth and his share of the family assets in order to appear on the list. Trump made the Forbes World's Billionaires list for the first time in 1989, but he was dropped from the Forbes 400 from 1990 to 1995 following business losses. In 2005, Deutsche Bank loan documents pegged Trump's net worth at $788 million, while Forbes quoted $2.6 billion and journalist Tim O'Brien gave a range of $150 million to $250 million. In its 2018 billionaires ranking, Forbes estimated Trump's net worth at $3.1 billion[nb 1] (766th in the world, 248th in the U.S.) making him one of the richest politicians in American history. During the three years since Trump announced his presidential run in 2015, Forbes estimated his net worth declined 31% and his ranking fell 138 spots.
There is a lot in Erick's article that I agree with. I agree with his calling out so-called conservatives who ignore their principles to be on the side of trashing Trump. Character assassination is wrong, regardless of who the target is. Unfortunately, there are a lot more conservatives who have thrown aside their principles to jump on the Trump train, especially conservative media types who are just out to make money off of Trump Kool-Aid drinkers. (Examples, Sean Hannity, Rush Limbaugh, Lou Dobbs, Hugh Hewitt, etc.) I vehemently disagree with Erick's conclusion that because the Democrats' actions are so awful, we should back Trump in 2020. Uh, no. I'm sorry, but character matters, integrity matters, principles matter, issues matter. Donald Trump is doing tremendous long-term damage to the GOP. He is doing more to help the Democrats succeed than any Democrat has in the last 20 years. Trump is cancer to the conservative movement. Not going to support his destroying the cause I fought for all of my life. Not going to happen. Ever.
Finally, there is the president’s own policies, which could help trigger an economic crisis. Getting into an all-out trade war with China, the second largest economy in the world, is a risky move that could help blow up the global economy, economists say. The Trump administration has also deregulated the financial sector and passed a tax bill that “overwhelmingly benefited the wealthy and worsened inequality,” according to a United Nations report from June. These tax cuts did help juice the economy, but the stimulating effects will run out by 2020, which could then result in a recession (not particularly good timing for the man who signed the bill).
Trump held his fifth official campaign rally in Cedar Rapids in eastern Iowa. The area, home to a large population of working class whites, was seen as a strong region for Trump to find a base of political support. The date for the rally, having been changed several times, was ultimately held on June 21, marking the first time in his presidency that Trump traveled west of the Mississippi River. At the rally, Iowa GOP state chairman Jeff Kaufmann verbally attacked Nebraskan Senator Ben Sasse, who has been speculated by some as a potential challenger to Trump in the 2020 Republican primaries.
An economic downturn would send Trump’s electoral prospects into a tailspin. Just as incumbent presidents like Bill Clinton and Ronald Reagan have benefited from strong economies in the past, incumbent presidents like Jimmy Carter and George H. W. Bush have seen their re-election bids derailed by weak economies, whether from the stagflation of the 1970s or the rising unemployment of the early 1990s. And given that Trump's approval rating has been quite low despite a booming economy, it might take a historic dive if things turn south.
Trump officially filed his reelection campaign with the FEC on January 20, 2017, the day of his inauguration. Trump launched his reelection campaign earlier in his presidency than his predecessors did. Barack Obama, George W. Bush, Bill Clinton, George H. W. Bush and Ronald Reagan all declared their candidacies for reelection in the third year of their presidencies. Trump filed the papers for his reelection campaign approximately 47 months prior to the date of the election. In contrast, both Reagan and George H. W. Bush filed approximately twelve months, George W. Bush filed approximately eighteen, and both Clinton and Obama filed approximately nineteen months prior to the date of the election.