Posted on 02/15/2020 7:53:31 AM PST by Kaslin
The "expert" predictions of economic disaster should Donald Trump win the 2016 election did not occur. Under Trump, the Dow Jones Industrial Average and Nasdaq composite have reached historical highs while unemployment for blacks and Hispanics have hit historical lows. In the wake of Trump's undeniable economic success, what is the 2020 Democratic Party argument for why voters should back their candidate over Trump?
The morning after Trump's election, Paul Krugman, economics professor and columnist for The New York Times, wrote: "Now comes the mother of all adverse effects -- and what it brings with it is a regime that will be ignorant of economic policy and hostile to any effort to make it work. Effective fiscal support for the Fed? Not a chance. In fact, you can bet that the Fed will lose its independence, and be bullied by cranks. So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened."
During the 2016 campaign, Mark Cuban, billionaire owner of the NBA Dallas Mavericks, predicted that a Trump victory could cause not just a minor stock market decline, but one as high as 20 percent or more: "When you're flip-flopping, when you're not sure what the candidate's going to say from one thing to another, that uncertainty potentially as the president of the United States -- that's the last thing Wall Street wants to hear. I can say with 100 percent certainty that there is a really good chance we could see a huge, huge correction. ... It could be 20 percent. You know, now, with high-frequency trading, accelerating, strong moves in any direction -- it could be worse than that."
(Excerpt) Read more at foxnews.com ...
New Democrat slogan: “Vote for us so we can make the next guy look good!”
Luv it!
Nice touch with the special glow on the letters.
It’s like when nobody recognized Joseph, but who else could have pulled those stunts?
That’s for damned sure.
“For 8 years Obama blamed Bush for the economic malaise that he presided over.”
EXACTLY! And on the very date PDJT became president, they started with “whataboutism”, IOW, even though that pos zero used every opportunity to bash gwbush’s policies (if anyone mentioned Fast and Furious, zero’s supporters would say GWB’s policies started it...). however once PDJT was elected, you were not allowed henceforth to mention anything zero did in the previous 8 years, ie, “what about when zero put kids in cages at the border”? Not only will they claim it never happened, zero’s supporters will say that you cannot use “whataboutism” because it doesn’t excuse what you are doing NOW!
The dimocrats are hypocrites, liars and manipulators.
Nice one, K!
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