Trump Wins Shutdown Showdown
Jan 22, 2018
RUSH: Greetings, my friends, and welcome. How’s everybody doing? Kicking off a brand-new week of broadcast excellence. Every Monday seems like a clean slate, at least in part. And so here we are revved and ready to go again. And as we get started there are stories coming out of Capitol Hill that the Democrats are expected to provide enough votes to end the government shutdown. The Senate’s voting today at noon, a procedural vote. It’s all part of the cloture vote process. They need 60 votes to move on to what’s really at stake, and if they get the 60 votes, it’s pretty much an indication of what they want — in this case, a budget deal that would end the government shutdown.
By the way, that’s what this shutdown’s about. This shutdown is about a budget deal. The Drive-Bys want you to believe the shutdown is over the fact that Republicans hate immigrants. Now, what it means, if this is actually true — and we won’t know ’til the vote is completed. This is all because of the what we think is gonna happen. It’s because people — aides to various senators — are telling people in the media that there might be enough Democrats to vote to end the shutdown. Now, you can look at this one of two ways.
You can look at this as the Democrats realize what thin ice they’re skating on. And they really are. I mean, the real news of what’s happening here is how thin the ice is on which the Democrats are skating. It’s never, of course, portrayed that way because of the media. But the Democrats have made choices here that if there were proper informing of the American people on, they would be in heap big trouble, and I think it wouldn’t be that big a deal — wouldn’t that big a challenge — to properly inform the American people.
Or there’s another possibility, and we won’t know until later today/later this afternoon when this all shakes out. The other possibility is the Democrats think that they’re ready to roll Mitch McConnell. The Democrats think that they’re close enough to getting what they want, which is comprehensive amnesty for everybody who’s here illegally. They’re close enough to getting that that they can go ahead and end the government shutdown here based on commitments. We don’t know yet, folks.
You know, Luis Gutierrez, who is the Democrat congressman from Illinois, said that he would help act… This guy’s totally into amnesty for everybody now and in the future. Luis Gutierrez, one of the biggest pro-amnesty Democrats out there, and he said, “You know what? I would help build the wall if we can move off the dime here and get going.†Rich Lowry had a very astute reaction to this. He said, “Beware of any of these Democrats who offer any kind of concessions on the wall.†And here’s why. They expect…
The Democrats expect to win the House in November, and whatever they do deal-wise on immigration today that may look like something against their own interests is something they think they could simply erase, which they could. If Democrats win the House and get close in the Senate, then whatever happens in this deal could be erased and wiped out and have a fight with Trump over how to deal with that. But even without the Democrats’ expectation that they’re gonna win in 2018, the Republicans would be wise to doubt the sincerity of any move that the Democrats will make.
The Democrats… You know, the Republicans are holding fast here, and Trump is praising them. We’re in a new day here. I don’t mean to be dumping on the Republicans or sounding like I am, because I’m not. They’re pushing back. The White House is pushing back. I think it’s part of the reason why the Democrats are ready to try to end this, ’cause I really think they wanted this to go on through the State of the Union. I think they wanted this shutdown to go on interminably.
But because of Trump and Republican messaging, it’s gotten out there that the Democrats are putting the special interests of people here illegally over everybody else and everything else. And that’s why I say they’re skating on thin ice. There’s another aspect of all of this that’s happening out there. You know, we’ve talked about the generic polling that shows the Democrats just cleaning up in November. Generic ballot polls are where they ask people, “Are you gonna vote Democrat or Republican in the next congressional elections in November?â€
And they’re common. They do them all the time, and the Democrats usually win them on the basis there are more Democrats than Republicans. In generic ballot polling up ’til now the Democrats have just been kicking rear end. Then the tax bill happened, and the Democrats’ share of the lead in the generic ballot is falling. Now, it’s still… Their lead in the generic ballot is still significant, but it’s trending downward. And I think it’s only going to continue to trend downward. And I’ll tell you why. “It’s the economy, stupid.â€
The polling data on the economy and the tax cut is overwhelming except for one thing. Way too many people are still crediting Obama for it. And that’s totally the media. That’s not Trump’s fault. That’s not… That’s totally the media. And of course Obama and his people are out there saying that it is their economic policies in the last seven years finally now coming to fruition. Nothing could be further from the truth. There wasn’t one thing the Obama administration did to promote anywhere near the economic growth that we are having and are going to have.
But that frame of mind, that public opinion can be changed, and it will as time goes on. But the public support of the tax cut and the economic confidence and the robust attitudes — positive attitudes — about the economy are inescapable and at some point, if not yet, it will dawn on more and more people that Obama had nothing to do with it; it’s all Trump. And I’ll tell you why. There’s so many things that the Democrats are not… Maybe they are counting on this. I don’t know. But when you get to Washington inside the establishment, they look at things in a static way, not dynamically.
So you look at the tax cut, look at the Trump tax cut and what have they said about it? “It’s nothing for anybody but corporations! The only people who are gonna benefit are corporations. Corporations are gonna… (stammering) The average American is not gonna see a dime, is gonna get crumbs.†Of course that’s not true, people are seeing it. When the withholding tables get implemented next month and people’s take-home pay increases and then their bonuses happen, the tax rate on the bonuses will be much less. It’s going to be eye opening.
But that’s just ignition. You know what else? Don’t forget the energy sector news. America is now near the top of energy producing nations and we are becoming a net exporter due to fracking and natural gas. And this has brought down the cost of energy. It’s made it more plentiful, obviously, and we’ve opened pipelines, and there is just a… You know, get out of the way and let this economy start chugging. And there’s one other thing. Apple. Apple’s decision to repatriate $250 billion.
Now, of that $250 billion, they’re going to have to pay $38 billion in taxes, the single largest tax pay any corporation… (interruption) Why are you smiling in there? (interruption) Why are you laughing? (interruption) It is amazing: $250 billion. And in addition to repatriating that, they’re gonna invest another $350 billion unrelated to the $250 billion they’re repatriating to create 20,000 new jobs and build a new massive campus, employee headquarters, in a state that is not gonna be Texas or California. Can you imagine the bidding that’s gonna take place among states for that headquarters?
Can you imagine the deals Apple’s gonna be… But wait! But wait! But wait! I’m jumping ahead of myself here. So $250 billion minus $38 billion is going to be repatriated. Why? Because the American corporate tax rate has been reduced from 35% to 21%. That means that the No. 1 corporation in the world has made the decision that the United States is the place to do business. Guess what that’s gonna make happen or cause? You’re gonna have foreign investment in this country the likes of which you haven’t seen yet.
Somebody called it a howitzer, somebody in the Drive-Bys. Not the Drive-Bys, but somebody in punditry, media, called this a howitzer. It is that big a deal. Once Apple repatriates this money — and that’s a genuine stimulus, folks. That’s not an Obama stimulus. The Obama stimulus wasn’t a stimulus at all. It was just redistribution of existing wealth. This is $200 billion… We’ll call it $210 billion, you know, rounded up and be easily understood. We’ll call it $210 billion is going to be infused into the U.S. economy that wasn’t there.
It’s not being taken from somewhere else in the U.S. economy and redistributed like Obama’s was. This is taking $250 billion that was not here and putting it in a giant syringe (Pfft!) and injecting it here. Plus Apple’s other $350 billion. So here’s over half a trillion dollars that is going to be invested in the United States of America. What do you think the impact of that is going to be on other businesses and corporations around the world when the United States becomes the place to invest? All of this is going to happen this year.
We are on the cusp, potentially here, of an economic boom the likes of which we haven’t seen, and the added bonus is the American people are right in there participating in it with their tax cut, with their more disposable income, with their wage increases and bonuses. And when this stuff all kicks in, the idea that the Democrat Party needs to be elected because we all hate Trump and Trump’s a bigot and Trump’s bad and Trump’s a moron and Trump’s immoral and all that and we’ve got to make sure we provide for legal immigrants and so forth, could just fade away as an issue or two the Democrats could win on.
So much to observe here.
BREAK TRANSCRIPT
RUSH: Senator Schumer just said that the government will reopen in a few hours and he was peppering that in a speech about how wonderful the Democrats are and how much they care and how strident and mean-spirited the Republicans are and how obstinate Donald Trump is. But nevertheless, they’re gonna find a way to work with good Democrats and moderate middle people and find a way to deal with the extreme elements of the Republican Party on immigration. So ’til I know more about the actual details of this, I’m gonna reserve analysis and comment on it. My instincts are the Democrats had an awakening here that they were skating on thin ice. It could be the opposite, though. We’ll just have to wait and see.
BREAK TRANSCRIPT
RUSH: Okay. “Key Senate Vote to Reopen the Government for Three Weeks†is what is being reported now. My take on this is Trump wins. Trump wins. The government shutdown has been… When was the last time the GOP won a shutdown showdown? When was the first time the GOP ever won a shutdown showdown? Yet Trump has won a shutdown showdown. The Schumer Shutdown showdown is over and Trump has emerged victorious. But further analysis I must delay until I find out the guts, the nuts and bolts of this.
BREAK TRANSCRIPT
RUSH: We have a sound bite from Senator Chuck You Schumer complaining that Trump refused to negotiate over the weekend. The situation became dire. It sounds to me like that Schumer and the Democrats expected the Republicans to cave, and Trump did not cave. And the Democrats know they’re on thin ice on this and so Trump wins.
https://www.rushlimbaugh.com/daily/2018/01/22/shutdown-analysis-democrats-attempt-to-distract-from-trump-economy/
