Article

2020-01-27 Economy

Globalists' Predictions of Economic Disaster After Trump's Election and Brexit Were Bravo Sierra

[Red State] - In 2016, all the experts predicted economic disaster if candidate Donald Trump was elected president.

...Then there was Nobel laureate Paul Krugman’s prediction of "economic doom" in an opinion piece the day after the election.

...Of course, none of these people have acknowledged that they were wrong. To the contrary, they have been naysaying US economic growth for three years now and predicting a recession at every turn, but the state of the US economy is such that they have effectively been at least silenced if not shamed. President Trump’s economic accomplishments are unparalleled:

...The experts predicted economic doom after passed their first Brexit referendum in 2016, too.

...PWC’s global CEO survey found that European chief executives regard Britain as a key market for growth and investment.

...More than a thousand banks, asset managers, payments companies and insurers in the European Union plan to open offices in post-Brexit Britain so they can continue serving UK clients, regulatory consultancy Bovill said.

"These figures clearly show that many firms see the UK as Europe’s premier financial services hub," said Michael Johnson, a consultant at Bovill.

...Funny how unshackling economies from excessive regulations leads to economic growth, isn’t it? Getting out from under Brussels will be a boon to the Brits just as getting out from under Obama-era regulations worked wonders for the US economy. Capitalism works every time it is tried. It would appear that the "experts" are all Keynesian economists. It seems to me that they need to get right with the Austrian school of economics.

Posted by g(r)omgoru 2020-01-27 03:10|| || Front Page|| [11131 views ] Top

#1 If Trump had lowered their rent-seeking a bit more it would've been an economic disaster for them, and a boom for the rest of us.

subsidised migration (allowing those on less than average wages to enter and work in the country) is a defacto benefit to the establishment.

Posted by Bright Pebbles 2020-01-27 03:40|| 2020-01-27 03:40|| Front Page Top

#2 The experts aren't.

Posted by P2kontheroad 2020-01-27 07:45|| 2020-01-27 07:45|| Front Page Top

#3 If Trump had lowered their rent-seeking a bit more it would've been an economic disaster for them, and a boom for the rest of us.

I heard Trump talking about another round of tax cuts; I bet that's a second term priority, if not sooner. I'm sure he's got lots of other stuff ready to go, and I'd think your suggestion is in there somewhere, in one form or another.

Posted by Raj 2020-01-27 07:54|| 2020-01-27 07:54|| Front Page Top

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