If there is anything that President Donald J. Trump has proven during his first year-and-a-half as Commander In Chief, it is that the so-called “experts” cited regularly by allegedly reputable media outlets are about as trustworthy as the schmuck sitting at the end of the bar at closing time, ranting drunkenly to no one in particular about the news topic du jour.
Earlier today, Big League Politics reported Trump’s announcement of 4.1% GDP growth in the Second Quarter. Now, in true Trump fashion, let’s take a victory lap on all of the so-called experts that called him insane for even suggesting that such a number could attainable.
“[I]f everything goes right — an absolutely unprecedented reversal of labor force participation trends and an unusual but not unprecedented burst of productivity growth — economic growth would average 3.2 percent a year over the next decade,” he wrote in an op-ed for Vox quoted by the Times.
Can you believe that with an authority like Furman at the helm of the Obama economy that GDP growth was so slow?
Next, the Times trotted out Edward Lazear, who served as chief economist for President George W. Bush. Lazear skeptically wrote in the Wall Street Journal that Trump could “hit 3% growth – maybe,” and advised Americans to “pray for luck.”
Maybe that was Lazear and the Bush administration’s problem – too much praying for luck, not enough praying for the strength and wisdom to actually lead.
N0t to worry, though. LA Times wouldn’t dare rely only on former White House officials as “experts.” They branched out to the brain trust that is academia, too.
The Times cited Northwestern’s Robert J. Gordon, who wrote a book titled “The Rise and Fall of American Growth,” which says that America’s best years for GDP are behind us. With numbers steadily in the 1-3% growth range during the Obama presidency, one can see why Gordon would be so pessimistic. One can only hope his “expertise” does not rub off on his students.
“Bond guru” (their words, not mine) Bill Gross told the Times “High rates of growth, and the productivity that drives it, are likely distant memories from a bygone era.” Remind me not to do any bond investing until Gross retires.
The LA Times wasn’t the only Trump-detracting outlet that had a rough time finding qualified “experts” to discuss GDP under Trump.
“No, pigs do not fly,” said Robert Brusca, senior economist at FAO Economics, a research firm, according to CNN. “Donald Trump is dreaming.”
In the same piece, titled “Trump promises 4% growth. Economists say no way,” CNN claims that a “survey of 11 economists” shows that Trump is off his rocker if he thinks he could ever attain 4% GDP growth. Which economists? It’s tough to say. CNN failed to mention their names.
“The San Francisco Fed estimates the “new normal” for annual economic growth to be 1.5% to 1.75%,” according to CNN. Just another reason to abolish the Fed.
Surely there are more examples of wise economic sages doubting Trump on GDP growth (and nearly everything else for that matter), but it seems that most of the negative articles are long gone, buried 30 pages deep in a Google search behind today’s outstanding news.
With experts like these, who needs dunces?
Curt Schilling Reveals that AIG Canceled His Insurance Over His Social Media
The woke purges are only beginning.
On January 12, 2021, former all-star pitcher and now-conservative commentator Curt Schilling announced that AIG canceled his insurance policy over his “social media profile.”
“We will be just fine, but wanted to let Americans know that @AIGinsurance canceled our insurance due to my ‘Social Media profile’,” Schilling said in a Tweet.
We will be just fine, but wanted to let Americans know that @AIGinsurance canceled our insurance due to my "Social Media profile"
— President Elect Curt Schilling (@gehrig38) January 13, 2021
“The agent told us it was a decision made by and with their PR department in conjunction with management,” he continued.
Social media censorship has become normalized over the last four years. Now, however, this kind of corporate policing is being extended to people’s ability to do banking. Paul Joseph Watson of Summit News observed the following:
While innumerable Trump supporters have lost their Twitter and Facebook accounts due to social media censorship and cancel culture, cases of individuals being cut off by banks and other financial services are now growing too.
The logic of corporate America’s woke crusade is to change people’s behavior by censoring social media activity. In addition, corporate entities will cut off people from basic services to make their lives miserable simply for dissenting against the regime’s official narrative.
Republicans will have to stop worshiping corporations and rethink some of their economic policies. Corporations have too much power in America and are clearly not on the side of the Right. The refusal to recognize this new reality will lead to continued defeats for the Right. It’s time to adapt.
Around The World4 days ago
Ex-Soviet Leader Gorbachev: US Capitol Riot “Planned in Advance, And It Is Clear by Whom”
Politics2 days ago
GOP Establishment Threatens President Trump with Impeachment Unless He Denies Election Fraud
Big League National Security2 days ago
DNI Ratcliffe: China Interfered in 2020 Election, CIA Suppressed Info
Around The World4 days ago
Norway Turns Against Dangerous COVID-19 Vaccines, Warns ‘Very Frail’ People Should Not Take the Shots
Politics16 hours ago
Constituents Already Beginning to Turn on Peter Meijer, Who Admits That Voting to Impeach Trump May Have Ruined His Political Career
News3 days ago
Fox News Ratings Crater, Trailing CNN and MSNBC for First Time in 21 Years
Tech4 days ago
President Trump’s Facebook Page is Reactivated
Politics4 days ago
SURRENDER: ‘American Thinker’ Discredits Their Own Writing Staff to Appease Dominion Voting Systems