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Posted on 12/24/2025 11:45:37 AM PST by Mr. Mojo
Even more surprising than the blockbuster 4.3% economic growth rate recorded in the third quarter of 2025 was the fact that some 90% of the nation’s professional economists got it all wrong.
These economic whiz-kids’ faulty forecast comes on the heels of their predictions last week that inflation was going to be above 3%. Instead, the actual number was 2.7%.
Welcome to the gang that can’t shoot straight.
Maybe it’s time for this cadre of Keynesian economists to send their PhDs back to the Ivy League schools they got them from, and just admit they have no idea what they’re talking about.
Their overly glum predictions were the pattern throughout President Trump’s first term, and now during Trump 2.0.
At the start of both of Trump’s terms, even Nobel Prize-winning economists like Paul Krugman — long the economic sage at the New York Times — predicted a stock market crash and even perhaps a second Great Depression with Trump in the Oval Office.
Instead, in the first term, the economy boomed.
You’d think by now they’d have learned their lesson.
But this groupthink pessimism was widespread this time last year as well, after Trump won election a second time. Yet the economy is surging forward again.
Part of the problem is that these economists want it to be so.
They root against America when Trump is president, in part because when his policies work, they clash with their big-government orthodoxy.
No one likes to admit they’re wrong — especially when it comes to their core beliefs.
(Excerpt) Read more at nypost.com ...
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Neither are surprising, Steve. And you nailed the reason why later down in your piece — “Part of the problem is that these economists want it to be so. They root against America when Trump is president, in part because when his policies work, they clash with their big-government orthodoxy.”
Bias. Group think. Hive mind. Cult.
unexpectedly...
It is both perverse and despicable.
Well, they hate Trump maybe that’s it.
The are trying to gaslight the public, disheartening the public in the process. Also, they don’t want to give Trump a win on anything.
It’s all part of the TDS.
These are people who literally cannot admit they are wrong. Once they do that, their career, as go-to sources for the precious “media,” is over.
Drink!
every bad number is “unexpected” when a liberal is president and vise versa when a conservative is.
The same group of people who deliberately tanked the economy with the Covid scam to get Trump. The same people who kept the government shut down and will do it again to tank the economy to get Trump. Yeah, talking down the economy is to sabotage Trump. See a pattern?
Simple “A broken lock is still correct , in 12hour design, twice a day.
These fool do NOT want DJT47 to be right on any issue.
It’s a feedback loop.
They have been fed stories about how bad things are; and about how Trump is just making it worse. So someone writes a story. Someone goes on TV or Tick Tock. Soon, they hear the same words voiced back at them. So, they must be right. And round and round it goes.
My daughter is susceptible to this stuff as she works in academia. I’ve tried to explain the process from a sociological perspective. She is starting to come around. But it’s taken a while to get her to watch for the “words” that are in vogue today.
This week they are all beating the “affordability” drums.
You need to get people to look at their “micro” world…and compare that to the “macro” world they are being fed.
In Psychology there is a phenomenon known as the "illusion of truth" effect, where repeated statements are more likely to be accepted as true, regardless of their factual basis.
For the headline readers and cable TV watchers it’s what you hear about from the “experts”, not the facts.
Yes, it’s TDS.
To say anything positive about Trump is excruciatingly painful. Painful to the point of irreversible damage or death.
Why bother with such a stupid rhetorical question?
I noticed that too. "Affordability". When there is so much more available now than my youth in the 50's and 60's. And more than my parent's in the 1920's and 1930's, when there was no welfare program, and my grandmother had to beg neighbors for food to feed her kids after her husband died.
Grandparents, parents, and my generation handled poverty despite affordability problems. Young people now are spoiled and misled by liberal propagandists.
Why? It’s something all liberals share. It’s called TDS.
They’re trying to create a self fulfilling prophecy.
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