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Trump’s Negative News Coverage Belies Public’s Positive Pesky Facts

May 23rd, 2017 Comments off
BigLeaguePresidentialDealsUnderminesDCNarrativeofStrugglingTrumpAdministrationcreditWhiteHouse1-postedtothedailybusinessnewsmhpronewsmhlivingnews

The President and First Lady visit Saudi Arabia. 300 billion in deals were completed during the visit. Credit: The White House.

While various narratives continue from talking heads and media pundits about President Donald Trump’s lack of progress, the numbers don’t lie.

As the Daily Business News covered in a feature story yesterday, while President Trump continues to make progress, including the lowest unemployment rate in decades, and the highest consumer, business confidence, and homebuilder confidence numbers in years, along with over $300 billion in deals with Saudi Arabia, what ELS Chairman Sam Zell colorfully called a “cacophony” of Deep State resistance has moved into high gear.

And that cacophony is shown in a new study from Harvard University’s Shorenstein Center on Media, Politics and Public Policy, which looked at the news coverage of the President over his first 100 days in office.

The study, based on an analysis of news reports in the print editions of The New York TimesThe Wall Street Journal, and The Washington Post, the main newscasts of CBS, CNN, Fox News, and NBC, and three European news outlets – the Financial Times and BBC, and Germany’s ARD, show the power of media and the creation of echo chambers.

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Credit: Harvard.

President Trump dominated media coverage in the outlets and programs that were studied, with the President being the topic of 41 percent of all news stories.

This is three times the amount of coverage received by previous presidents. He was also the featured speaker in nearly two-thirds of his coverage.

And with that coverage, which the President has received almost non-stop for most weeks of his presidency, without a single major topic where the coverage, on balance, was more positive than negative, setting a new standard for unfavorable press coverage of a president.

 

Those Pesky Facts…

New research from Gallup shows that Americans are less worried about eight specific financial issues than they were last year, with concerns about some issues falling to their lowest levels in a decade or more.

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Credit: Gallup.

U.S. adults are most concerned about not having enough money for retirement and not being able to pay medical costs of a serious illness or accident, with 54 percent saying they are ‘very’ or ‘moderately’ worried about each. These two concerns have typically been the most worrisome issues for Americans since Gallup began asking about the collection of eight financial worries in 2001,” said Justin McCarthy, a Gallup analyst.

 

The Manufactured Housing Industry Speaks

With President Trump’s election in November, many in the manufactured housing industry saw tremendous value in a pro business, pro growth administration stepping into place.

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Tim Connor, CSP. Credit: LinkedIn.

I don’t care whether you are a liberal, conservative, independent or something else – the bottom line with this year’s election was simply more of the same or something new, different or unique,” said Tim Connor, CSP.

Eddie Hicks, a long time MH industry veteran and consultant shared his take.

M/H owners are certainly one of the ‘hidden majority’ who may have felt somewhat disenfranchised in recent years,” said Hicks.

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D.J. Pendleton. Credit, MHProNews.

It’s the dawning of a new day. After the shock and elation or disappointment wash over us, and we all have taken a collective deep breath, we can begin looking to the future. And in that future I think it is safe to say that changes, well, they are a comin‘,” said Texas Manufactured Housing Association executive director DJ Pendleton.

With a personal background in business, rather than government, Mr. Trump – during the just-ended campaign – has been a consistent critic of innovation-stifling and job-killing overregulation and regulators who ignore or rationalize the far-reaching negative impacts of such regulations on the health of the economy, smaller businesses and consumers….” Said MHARR President & CEO Mark Weiss, JD.

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L A ‘Tony’ Kovach, credit, MHVillage.

As well as the markets and new job creation are already responding to his initiatives, where could we be if there wasn’t a non-stop assault on our new president?” said MHProNews and MHLivingNews Publisher L.A. “Tony” Kovach.

For more on President Trump’s progress, and challenges, click here. ##

 

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

 

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RC Williams, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

 

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Economic Confidence Index Hits New High – the Trump Effect?

February 9th, 2017 Comments off
EconomicConfidenceIndexHitNewHightheTrumpEffectcreditInfowars-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: Infowars.

It appears that Americans saw the election of Donald Trump as good reason to be optimistic.

According to Newsmax, confidence in the U.S. economy soared to record highs at the time President Donald Trump officially entered the White House, as optimism was higher in January than in any other month since 2008.

 

Gallup’s “U.S. Economic Confidence Index” was at an average of plus 11, the highest monthly average in Gallup’s nine-year trend. The index peaked at plus 19 for the Jan. 21-23 three-day average after Trump’s inauguration and shortly before the Dow Jones industrial average hit a new high.

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Credit: Gallup.

The Gallup index is actually an average of two components – how Americans rate the current economic conditions, and, whether they feel the economy is improving or getting worse. The index has a maximum of plus 100 if all Americans said that they economy was improving and doing well, and minimum of minus 100 if all Americans said the economy was doing poorly or getting worse.

In January, 31 percent of Americans rated the economy as “good or “excellent,” while 21 percent said the economy was “poor,” resulting in a current conditions score of plus +10, marking the highest monthly reading for this component since 2008.

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Credit: Gallup.

Also seeing an increase of plus 11 in January was the economic outlook component, which was the result of 52 percent of Americans saying economic conditions in the country were “getting better,” while 41 percent said they were “getting worse.

While his first few weeks have certainly been volatile and controversial, Trump will be a demanding leader who applies the best of his negotiating skills to push for U.S. growth,” said author David Horowitz.

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David Horowitz. Credit: Frontpage Mag.

Trump won’t be an ideological purist like Republicans who support free trade but don’t fight for fair trade.

Horowitz also made a strong statement about the prior administration.

We’ve had an anti-business president now for eight years who doesn’t take a hard-nosed attitude towards these deals. Trump is going to get better deals for us, which is still free trade.

Trump will also lead the way in making infrastructure spending to boost the U.S. economy,” said Horowitz.

If the economy grows as it will under Trump, there’s going to be a lot more money to spend.

For more on the effects of Donald Trump’s election on the U.S. economy, including small business optimism being at the highest level in 37 years, click here. ##

(Image credits are as shown above.)

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

Nation Grim about the Economy

August 7th, 2012 Comments off

HousingWire reports the Gallup Economic Confidence Index (ECI) dropped for the second month in a row, averaging -26 in July after falling from -22 in June. The nation grew more optimistic in the spring as the ECI rose to -17, but even this month’s score is far better than the -42 of July 2011. As for current assessments, 14% of the respondents said the economy is in good shape while 42% rated it as poor. For economic outlook, 36% said the economy is improving and 59% think it is getting worse. MHProNews has learned the numbers are based on a telephone survey of 14,043 respondents July 1-July 31, eighteen years and older in all 50 states and the District of Columbia.

(Photo credit: FotoSearch stock image)