Posted on 01/07/2017 2:44:16 PM PST by Olog-hai
In June, when UK voters decided to leave the European Union in the “Brexit” referendum, the U.S. press told the American people that the UK economy would suffer greatly as a result. Moody’s economist and max Hillary Clinton contributor Mark Zandi predicted that it would be “going down the rabbit hole.” At CBS News, Mellody Hobson said that “they’re acting as if a recession is a foregone conclusion.”
It’s one thing to predict a disaster that doesn’t happen. It’s quite another to predict bad news and have things turn out pretty darned well, which is thus far what has occurred. You’d never know it from reading U.S.-based establishment press coverage, but the UK economy, as reported in the UK Times, “ended last year as the strongest of the world’s advanced economies with growth accelerating in the six months after the Brexit vote.”
The result is so completely the opposite of what was predicted that the chief economist at England’s central bank, in a moment of refreshing candor that folks in the U.S. can only wish they would see coming from our Federal Reserve, has admitted that economists committed historically serious forecasting errors. …
(Excerpt) Read more at newsbusters.org ...
Those “One Worlders” Soros acolytes are sure looking pretty stupid now, don’t they? Good for our Brother Country!
The press lies.
Repeat that every time you switch on the TV, pick up a newspaper, or turn on a radio.
The press lies—Always.
Oh that can’t be....must be fake news
Imagine that! Jolly good for the Brexiteers.
This may embolden other neighboring countries to try it as well. Italy is mulling it over too, especially seeing the immigrant dumping as an overwhelming danger, and an unproductive menace.
One suspects that Mark Zandi got his diploma off the back of a box of Fruit Loops.
Support #TEXIT.
Look it up. Follow it.
You can bet our Governor knows about it and most of the legislature knows about it
Time for Texas to once again hold its head high as a sovereign Republic.
My brother saw Farage at his rally with The Donald in Mississipi - said it was the best speech he’s seen since he saw the Gipper in Texas in 1980.
The U.S. is likely to do the same. Contrary to the liberal meme, I can feel the euphoria that now exists in the minds of the people that make a difference in this country’s economy. We have an aggressive capitalist at the helm for once. Fixing the economic funk we are in is not rocket science. Trump needs to concentrate on three economic targets and hit them hard. 1. Lower taxes on all businesses. 2. Eliminate regulations on all business, and 3. Immediately open up drilling for oil and digging for coal to get cheap energy to get the job done. Recognize that this will likely mean rising interest rates from current artificially low numbers. So, if your debt obligations are ‘floaters,’ now is the time to lock in current rates.
Leftists lie in order to create the outcome they want.
Unfortunately, sometimes they succeed.
Not this time.
This has been a very difficult year for me personally... yet even I feel the euphoria!
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