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Economists Said Trump’s Economy Wouldn’t Last. Where Are They Now?


Last year, when the U.S. economy looked like it couldn’t get any better in the wake of President Trump’s steel and aluminum tariffs, the mainstream media found every economic expert they could to throw cold water on the numbers.

Whether you turned to the New York Times, the Washington Post, or any other leftist rag, you would find them reluctantly reporting the figures (often without a single mention of Trump’s policies) before turning to the pessimistic economists (the part of the story that would ALWAYS mention Trump’s policies).

And time after time, we heard that the economy was on a sugar high. That the figures were only skyrocketing because businesses were frontloading their purchasing habits in preparation for the tariffs. That we were only months away from a debilitating crash, at which time it would be obvious to everyone that Barack Obama deserved every scrap of credit for the boom and Trump only deserved blame for wrecking a good thing.

But where are those economists today, now that the first-quarter GDP growth rate has been reported at a stunning, expectations-shattering 3.2%?

At least the Washington Post had the decency to admit that the so-called experts had it all wrong.

“Many economists initially predicted anemic growth at the start of the year as the partial government shutdown and a rash of extremely cold weather caused many businesses and consumers to hit the pause button on big purchases, but forecasters raised their estimates to 2.3 percent as it became clear companies were re-stocking their shelves,” they reported. “Growth ended up coming in almost a full percentage point higher than expected, the best start to the year since 2015.”

Two paragraphs later, they have this quote from Ben Herzon of Macroeconomic Advisers: “Businesses were building inventories like crazy. That is not going to last. The first quarter number is overstating the strength of the economy.”

How many economists do you think the Washington Post had to interview before they got to one who would give them the old “Trump’s economy can’t last” storyline their readers expect? Five? Ten? More?

We’re accustomed to the media rooting for Trump to fail, but it boggles the mind how blatantly they get out there and root for the country to fail under his leadership. It seems to physically cause them pain to admit that Trump is doing a good job on any issue. Perhaps that’s why there’s been less reporting on the economy for the last two years than at any time in modern American history. They simply cannot stand that, after it’s all said and done, the American people might have actually made the right choice in 2016. And they’ll never, ever admit it.

What do you think?

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Written by Andrew

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  1. Most of those economists are very liberal and they let that get in their way of forecasting because they want Trump to fail and the U.S. to fail Krugman comes mind.

  2. GOLD AND SILVER PRICES SUPPRESSED UNDER A HEAVY $$$$ DOLLAR…THAT IS A GOOD THING…BUY MORE GOLD AND SILVER…..INFLATION IS RUNNING AT A FAIR PACE…INVENTORIES ARE SURGING…THE FED IS ON HOLD ON RAISING INTEREST RATES ( MIGHT EVEN REDUCE THEM AGAIN)…TRUMP AND JAPANS PREMIERE BRINGING FACTORIES AND MORE JOBS TO AMERICA…BUILDING PERMITS ON THE RISE AND TREES HAVE A HARD ON ….TURKEY IS HAVING SECOND THOUGHTS ABOUT TURNING EAST FROM THE EU AND NATO….THE HOOTIES IN YEMEN ARE BLOWING SMOKE UP SAUDI ARABIA’S ARSE….INDIA IS BUYING MASSIVE AMOUNTS OF ARMS FROM EVERYBODY INCLUDING THE USA…. HELICOPTER ATTACK SHIPS MOSTLY FROM US AND STRIKE AIRCRAFT AND THEY CONTINUE TO GET THEIR TREASURY DRAINED BY THE OLD “USSR” UNDER OLD MILITARY CONTRACTS THAT SCREW THEM….AND GIVE THEM SUBSTANDARD MILITARY HARDWARE…CHINA CONTINUES TO LIE, STEAL, AND KILL MINORITIES AND PREPARES FOR WAR AGAINST THE US ON EVERY FRONT YOU CAN THINK OF…RUSSIA UNDER KGB PUTIN IS IN A CYBER WAR ALING WITH CHINA WITH THE USA…NEW WEAPONS OF “EVERY KIND” ARE BEING FIELDED BY EVERY NATION AT A HORRENDOUS PACE….THE WAR IN AFGHANISTAN IS WINDING DOWN AND ARE IN PEACE TALKS WITH THE TALIBAN—-THOSE AFGANS WHO ARE FOR DEMOCRACY AND LIBERAL REFORMS TO THE MUSLIM MURDER CULT TALIBAN ARE SCARED SH*TLESS THAT THE US IS PULLING OUT LIKE THEY DID IN VIETNAM AND LEAVING THEM TO BE MASSACRED BY THE TALIBAN WHO ARE SUBSIDIZED IN MONEY AND WEAPONS BY THE RUSSIANS AND CHINESE…WWIII IS JUST AROUND THE CORNER MAYBE STARTING IN VENEZUELA ALSO SUBSIDIZED BY THE COMMUNIST CHINESE AND DICTATORSHIP OF KGB PUTIN….KEEPING MADURO IN POWER IN HIS SOCIALIST CESSPOOL….TORTURING AND KILLING HIS OWN PEOPLE..USING FOOD AS A WEAPON TO SUPPRESS AND STARVE HIS PEOPLE TO DEATH…”THEIR FIAT CURRENCY IS USED FOR TOILET PAPER TO WIPE THEIR ARSE ‘AFTER THEY SH*T EVERY 3 MONTHS’ “… …OTHER THAN ALL OF THE ABOVE OUR ECONOMY IS ON THE UP TICK….P.S. THE SAUDI PRINCES ARE SHOPPING FOR NUCLEAR REACTORS FROM “WHOEVER.” …HAVE A NICE MILLENNIUM…!!!

  3. I want to see all those economists listed in a Trump rally and embarrass the hell out of them so they speak no more.

  4. The tax cut cocaine fix will end, then watch the withdrawal and the bill comes due. Supply side never worked. It did with JFK. Not afterwards. How is the middle class doing?

  5. Sr lib Economist, I guess you forgot that the Market under your coon, was artificially paid for by the fed. They pumped 30 billion a month into the market, plus we were buying our own debt.
    Now as for your pal Billy, he was the beginning of the housing bubble! Do a little research of the time line. I did!

  6. All of the self described experts said thank you OBAMA and laughed when the shovel ready jobs was a lie, nothing but crickets when Obama added 10 trillion to the debt, more debt then every president combined, Solyndra anyone! Not a smidgen of corruption there huh? Democrats rely on the stupidity of the American voter, plenty of them out there. Keep your doctor, keep your healthcare provider? You want to here a real idiot, listen to Obama’s chief economic joke on fox every so often Goolsbee. I think Obama picked the dumbest and most corrupt fools like Clapper and Brennan, Holder, Kerry and so on, when the SHIT hit the fan Obama could say it’s there fault! Trump kicked there asses. I cannot wait till he does it again in 2020, watch heads explode on live t.v. SWEET!

  7. all anyone has to remember is that paul Krugman, nobel prize winner in economics and NY times editorial page guru predicted that if trump were elected, the market would crash to lowest level in history and might not ever recover.
    where does he go return the nobel prize and the award$$$?

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