America as we know it was built largely upon and because of our rail industry, and today it remains…
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So-Called "Railway Safety Act" Constitutes a Political Handout to Big Labor That Does Nothing to Improve Safety At All

America as we know it was built largely upon and because of our rail industry, and today it remains a pillar of our economy.

Unfortunately, a destructive proposal before Congress misleadingly named the "Railway Safety Act" (RSA), part of broader surface transportation reauthorization, threatens great harm to our railroads.

Simply put, the bill has nothing to do with improving safety, but has a lot to do with advancing the political agenda of Big Labor.  At a moment when inflation burdens American families and fragile supply chains remain vulnerable to disruption, the last thing our economy or rail sector need is another costly federal mandate imposed upon one of the nation’s most important transportation sectors.

As an initial matter, as noted by The Wall Street Journal, the…[more]

May 20, 2026 • 04:28 PM
Trump Economy Booming Even More Than First Thought Print
By Timothy H. Lee
Thursday, January 29 2026
What we’re now witnessing isn’t a fleeting rebound, but rather a trend of accelerated expansion over the past three quarters.

We interrupt your ongoing mainstream media diet of doom and gloom – seeking to weaken President Trump in anticipation of November’s midterm elections – with some remarkably upbeat economic news.  

Every American should welcome the news, although the political left and huddled masses of Trump Derangement Syndrome victims probably won’t.  

Regardless, the federal government just revised its official measure of third-quarter 2025 economic growth upward.  

According to the Bureau of Economic Analysis (BEA), the United States economy expanded at an impressive annualized rate of 4.4%, higher than its initial estimate of 4.3%, and marking the fastest quarterly growth since the artificial sugar high of “Bidenomics” inflationary spending two years ago.  

That matters not only because the original 4.3% estimate was already impressive, but because successive upward revisions offer one of the strongest indicators that economic momentum is broader, deeper and more durable than even “expert” forecasters initially believed.  

For purposes of comparison, keep in mind that the average annual GDP growth rate since World War II is 3.2%, and Barack Obama never even achieved 3% growth in any year of his presidency.  

Simply put, the U.S. economy isn’t merely limping along or surviving on government spending sugar highs, it’s accelerating under President Trump’s agenda of lower taxes and less regulation.  

Importantly, that upward revision was driven by an amalgam of stronger exports, increased investment and broader business activity than previously measured.  

Additionally, that isn’t a one-off quirk.  Second-quarter 2025 GDP growth also came in above expectations at 3.8%.  Even more encouraging, early estimates of fourth-quarter 2025 GDP growth suggest that U.S. economic momentum is accelerating.  The Federal Reserve Bank of Atlanta’s GDPNow model – a widely watched real-time indicator – now estimates that fourth-quarter GDP growth came in at an astonishing 5.4% annualized rate.  

That would constitute a remarkably strong three-quarter finish to 2025, far surpassing earlier forecasts and reinforcing an economic climate of broad-based strength.  

President Trump’s first three full quarters of stronger-than-expected growth also contrasts sharply with the final days of the Biden Administration, when economic growth stalled.  In the first quarter of 2025, GDP actually contracted – meaning that our economy actually shrank – at a rate of 0.6%.  

Accordingly, what we’re now witnessing isn’t a fleeting rebound, but rather a trend of accelerated expansion over the past three quarters.  That’s important because sustainable GDP growth ultimately underpins employment, wages, investment and confidence.  It signals confidence returning to capital markets.  It signals businesses investing rather than hoarding.  It signals consumers spending because wages are holding up and inflation no longer devours their paychecks.  When businesses and consumers see robust demand and healthy prospects, they buy more, they hire more, they invest more in technology and equipment, they expand operations and they take risks that fuel even more future growth.  

It also signals something else that many among the pundit class and institutional economists avoid acknowledging:  President Trump’s economic agenda is working much faster and more effectively than expected.  Deregulatory signals, energy policy sobriety and encouragement of domestic investment have produced quick tangible results.  Growth hasn’t simply held firm, it has accelerated.  

It’s also worth highlighting that this economic acceleration is occurring without overheating consumer price inflation.  Contrary to what some in the media want Americans to believe, inflation is down since Biden left office one year ago, and it’s approximately one-fourth Biden’s peak inflation of 9.1% during his second year in office.  

Accordingly, the nation’s economic data are moving in the right direction across multiple measures, not just growth.  

All of this is the sort of positive news that, in a more honest mainstream media environment, would dominate headlines.  Instead, Americans and the world are treated to breathless coverage of Greenland intrigue or whatever other shiny object can distract voters from inconvenient truths – namely, that the Trump economy is significantly outperforming expectations again.  

The federal government’s official data thus confirms that economic growth following President Trump’s return to the White House was stronger than first reported, stronger than expectations and stronger than what his predecessor left him.  As November’s midterms approach, Americans should therefore pay less attention to the mainstream media noise and more attention to the facts.  

Those facts – straight from the government itself – tell a story that some in the media would rather you not hear:  Our economy is growing faster than first realized, and the best may still be ahead.

Notable Quote   
 
"For the last two months, President Trump's rhetoric on Iran has seesawed between expressing optimism on negotiations and making explicit threats to remove the mullahs from power.This week, Trump has returned to pugilistic mode, boasting of the strikes that quickly followed a regime drone attack on a US Apache helicopter -- and warning, 'We're going to hit them hard again.'Yet as long as Trump sees…[more]
 
 
— Mark Dubowitz and Miad Maleki, Foundation for Defense of Democracies
 
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