Watch Chris Christie Play the Enforcer in His Latest Ad
New Jersey Gov. Chris Christie’s presidential campaign has adopted “Telling It Like It Is” as its slogan and, according to his latest national television ad, he wants to tell voters just how scary the world is today.
The 30-second spot, titled “Law Enforcer,” opens with Christie decrying “lawlessness in America and around the world under Barack Obama.”
He rattles off a series of threats, speaking over dramatic music cues and flashing images.
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“Sanctuary cities engulfing Americans in crime. Drugs running rampant and destroying lives. ISIS beheading Christians. Iranian radicals with nuclear weapons,” he says ominously.
“Now, Hillary Clinton thinks the law doesn't apply to her,” Christie asks as images of a computer server appear on screen. “Really?”
The former U.S. attorney argues that the country needs a “strong law enforcer as president, someone who says what he means and means what he says.”
The doom and gloom ad, featuring a score more typical of a television drama than a presidential ad, is running on the Fox News Channel and marks Christie’s latest attempt to spark interest in his White House bid.
The two-term governor has consistently lost support in opinion polls since the inaugural GOP presidential debate, while political outsiders like Donald Trump, Ben Carson and Carly Fiorina have surged.
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Last week a CNN/ORC survey put Christie in 11th place, garnering only three percent support among GOP voters.
If the trend continues, Christie could lose his spot on the main stage at the CNN/Reagan Library debate on September 16 and relegated to the second-tier.
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Number of the Day: $132,900
![](https://cdn.thefiscaltimes.com/sites/default/assets/styles/article_hero/public/articles/02142011_socialsecurity_article.jpg?itok=IV6ZZGnL)
The cap on Social Security payroll taxes will rise to $132,900 next year, an increase of 3.5 percent. (Earnings up to that level are subject to the Social Security tax.) The increase will affect about 11.6 million workers, Politico reports. Beneficiaries are also getting a boost, with a 2.8 percent cost-of-living increase coming in 2019.
Photo of the Day: Kanye West at the White House
This is 2018: Kanye West visited President Trump at the White House Thursday and made a rambling 10-minute statement that aired on TV news networks. West’s lunch with the president was supposed to focus on clemency, crime in his hometown of Chicago and economic investment in urban areas, but his Oval Office rant veered into the bizarre. And since this is the world we live in, we’ll also point out that West apparently became “the first person to ever publicly say 'mother-f***er' in the Oval Office.”
Trump called Kanye’s monologue “pretty impressive.”
“That was bonkers,” MSNBC’s Ali Velshi said afterward.
Again, this is 2018.
Chart of the Day: GDP Growth Before and After the Tax Bill
![Paul Ryan with tax return postcard Paul Ryan with tax return postcard](https://cdn.thefiscaltimes.com/sites/default/assets/styles/article_hero/public/Ryan-postcard-tax.png?itok=w7L-c0Ur)
President Trump and the rest of the GOP are celebrating the recent burst in economic growth in the wake of the tax cuts, with the president claiming that it’s unprecedented and defies what the experts were predicting just a year ago. But Rex Nutting of MarketWatch points out that elevated growth rates over a few quarters have been seen plenty of times in recent years, and the extra growth generated by the Republican tax cuts was predicted by most economists, including those at the Congressional Budget Office, whose revised projections are shown below.
Are States Ready for the Next Downturn?
![Recession Right Now A <a href="http://www.rasmussenreports.com/public_content/business/indexes/rasmussen_consumer_index/rasmussen_consumer_index" target="_blank">recent poll</a> taken by Rasmussen found that 68 percent of Americans believe that we are actually in a recession](https://cdn.thefiscaltimes.com/sites/default/assets/styles/article_hero/public/slideshows/07182011_Economy_Recession_slideshow.jpg?itok=85_MolVs)
The Great Recession hit state budgets hard, but nearly half are now prepared to weather the next modest downturn. Moody’s Analytics says that 23 states have enough reserves to meet budget shortfalls in a moderate economic contraction, up from just 16 last year, Bloomberg reports. Another 10 states are close. The map below shows which states are within 1 percent of their funding needs for their rainy day funds (in green) and which states are falling short.
Chart of the Day: Evolving Price of the F-35
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The 2019 National Defense Authorization Act signed in August included 77 F-35 Lightning II jets for the Defense Department, but Congress decided to bump up that number in the defense spending bill finalized this week, for a total of 93 in the next fiscal year – 16 more than requested by the Pentagon. Here’s a look from Forbes at the evolving per unit cost of the stealth jet, which is expected to eventually fall to roughly $80 million when full-rate production begins in the next few years.