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16 Nobel Prize-Winning Economists Sign Letter Saying Trump Policy Will Increase Inflation – Reality Is Opposite, Here’s The Data
Conservative Treehouse ^ | June 26, 2024 | Sundance

Posted on 06/26/2024 6:20:21 PM PDT by Macho MAGA Man

This headline article from the New York Post caught our attention because it has the familiar ring of “51 former intelligence heads” in the 2020 election.

Previously, the stacking of experts to create disinformation was used to hide the truth within the Hunter Biden laptop, which was evidence of Joe Biden’s pay-to-play schemes. Now, the “experts” are stacked to claim Joe Biden’s economic policy is better than Donald Trump’s.

I will ignore the article’s Freudian optic of the economist speaking at the globalist WEF event, and instead focus on the facts. We have an actual track record of President Trump’s MAGAnomic policies to review. We heard the insufferable “inflation created by tariff” arguments back in 2017; they were all false.

Wall Street loves to shout about looming damage that will come if anyone reverses the “service driven economy” policies they rely upon. However, none of their hair on fire arguments ever materialize, because they are not accurate. These economists are politically motivated in their claims.

See below for real data on the outcomes of MAGAnomic policy as delivered in Trump’s first term.

(Excerpt) Read more at theconservativetreehouse.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; Government; Politics/Elections
KEYWORDS: 51lyingspooks; biden; bidenomics; economists; economy; gaslighting; inflation; lyingpropaganda; maga2024; maganomics; nobelprize; rejectevidenceofeyes; trump
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Here we go again, instead of the 51 ex-intel spooks firing off a letter on Hunter's laptop, here we have Nobel Prize-Winning economists firing off a propaganda letter warning Trump's economy plan will be devastating.
1 posted on 06/26/2024 6:20:21 PM PDT by Macho MAGA Man
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To: Macho MAGA Man
As reported elsewhere

Many of these economists signed a similar September 2021 letter expressing support for President Joe Biden’s Build Back Better package. Critics at the time argued that the massive spending packages would drive up inflation. At the time, Stiglitz observed that some people “invoked fears of inflation as a reason to not undertake” the Build Back Better investments. “This view is short-sighted,“ he said in a press release.


2 posted on 06/26/2024 6:29:52 PM PDT by DoodleBob (Gravity's waiting period is about 9.8 m/s²)
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To: Macho MAGA Man

Who are the 16? Why no names?


3 posted on 06/26/2024 6:30:07 PM PDT by learner
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To: Macho MAGA Man

Drill baby, drill. Hard and deep.


4 posted on 06/26/2024 6:31:44 PM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: Macho MAGA Man
Lies and hypocrisy of the liberal left go together like peas and carrots.

https://www.politico.com/news/2020/10/19/hunter-biden-story-russian-disinfo-430276

One the Right Side is Politics Editor at Breitbart Emma Jo Morris who exposed the Hunter Biden Laptop From Hell back in October 2020 and introduced the World to "The Big Guy": https://www.youtube.com/watch?v=M28tXX0cvvI



Eat that you liberal F@(*'S!
5 posted on 06/26/2024 6:34:59 PM PDT by know.your.why
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To: Macho MAGA Man
Really now?

Why didn't it when Trump was president?

For that matter, why didn't it when Obama was president, or Bill Clinton?

There's more going on here than the usual Democrat versus Republican. After all, many Republicans (Mitch for example) are also profiting from this war on the American people (and the world).

6 posted on 06/26/2024 6:38:39 PM PDT by Salman (It's not a slippery slope if it was part of the program all along. )
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To: Libloather

(Drill baby, drill.)

That turned me on when Sarah Palin said that, many times!


7 posted on 06/26/2024 6:38:54 PM PDT by Macho MAGA Man (The last two wen't balloons. One was a cylindrical objects Trump is being given the Alex Jones tr)
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To: Macho MAGA Man

I have no doubt that Paul Krugman is one of those 16 idiots.


8 posted on 06/26/2024 6:47:43 PM PDT by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell>)
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To: Macho MAGA Man

How many times tomorrow night will we hear the phrase “16 Nobel Prize winning economists say....”

It’s the new “51 intelligence officers say...”


9 posted on 06/26/2024 6:57:40 PM PDT by CFW
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To: Macho MAGA Man
"16 Nobel Prize-Winning Economists Sign Letter Saying Trump Policy Will Increase Inflation – Reality Is Opposite, Here’s The Data"

a look at a simple graph refutes such idiotic claims ... thus this really says more about the absolute worthlessness of the economics profession and their stupid little prizes ...

example:


10 posted on 06/26/2024 7:11:31 PM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
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To: Macho MAGA Man

Their logic is based on the fact that tariffs on Chinese goods will automatically result in higher prices for US companies that import goods for sale or manufacturing. In the short term, this is true. The long-term objective is to give alternative producers like India, Africa, and Asia an economic advantage over China to weaken them as a world power. It also makes domestic producers of critical materials and pharmaceuticals more competitive, leading to independence and employment in this country. The economists believe all nations are equal, while Trump thinks this is naive and suicidal based on history.


11 posted on 06/26/2024 7:20:30 PM PDT by Dave Wright
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To: Macho MAGA Man

Like the protest demonstrations by psychologists and the letter stating Trump simply cannot serve effectively due to his mental illness matters....

Business Insider
37 mental health experts sign a letter warning of Trump’s ‘grave emotional instability’
Rafi Letzter
Tue, Feb 14, 2017
37 psychiatrists, psychologists, and social workers said in a joint letter published in the New York Times dated Monday that President Donald Trump is unfit to be president.


And notice when the real, actual mental declining of Biden’s brain means danger to us all including that he has to make quick decisions on counterattacks or diplomacy and use of the nuclear arsenal he controls.....not a peep.🐤🐤🐤🐤


12 posted on 06/26/2024 7:22:21 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: frank ballenger

Would they bet their own money on it?


13 posted on 06/26/2024 7:24:19 PM PDT by DIRTYSECRET
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To: Macho MAGA Man

Actually Biden’s lavish spending of hundreds of millions of dollars of tax money with no value being earned for the spending is the definition of how inflation gets worse.
Money goes out with no value of labor or goods or services equal to it. Just tossed around.


14 posted on 06/26/2024 7:24:48 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: DIRTYSECRET

There is a part of the Napoleon Hill books where he says people go to college to listen to the teachings of professors about business and economics but the actual professors made very little money themselves and may have had small, failed businesses and turned to teaching as a way to survive.

Those who can, do.
Those who cannot, teach.
Those who cannot teach, teach the teachers.
Those who cannot teach the teachers, become the deans.


15 posted on 06/26/2024 7:27:47 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: Macho MAGA Man

16 posted on 06/26/2024 7:29:04 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Macho MAGA Man
Cue the Lollipop Guild!


17 posted on 06/26/2024 7:35:57 PM PDT by mikey_hates_everything
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To: Macho MAGA Man

Rent-a-economist .... worked with rent-a-intelligence agent...based upon the successful MSM rent-a-doc on tv.


18 posted on 06/26/2024 7:51:27 PM PDT by RetiredTexasVet (We used to be a Republic, we are now a Fascist Klepto-Thugocracy.)
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To: Macho MAGA Man

There is an old economic school joke
Ask 5 economists about an economic theory and you will get 5 different answers... six answers if one of those economists graduated from an ivy league.

They don’t call economics the dismal science for nothing.


19 posted on 06/26/2024 7:56:27 PM PDT by VetoBill
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To: Macho MAGA Man

None of them can be compared to the really great economists like Milton Friedman.

There has never been a Keynesian economist that got it right. Paul Krugman is just the most well-known failure.


20 posted on 06/26/2024 9:28:06 PM PDT by WASCWatch ( WASC)
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