Posted on 03/07/2026 6:28:44 AM PST by PJ-Comix
President Donald Trump is just incredibly lucky. He kept rolling the dice on the economy and somehow the doom-sayers keep losing. All the experts said his tariffs would drastically increase inflation; instead it went down. Democrats projected at the end of 2024 that "Mass Deportations Would Deliver a Catastrophic Blow to the U.S. Economy." It has not.
This luck just has to stop at some point. Such is the weird attitude of Politico's economics correspondent, Victoria Guida. She thinks that the economic success of the Trump administration is based just on the sheer luck of making the correct gambles as reflected in the title of her Thursday story, "Trump Keeps Gambling With the Economy — And Getting Away With It."
(Excerpt) Read more at newsbusters.org ...
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PING!
Tariffs have nothing to do with inflation so the claims were always nonsensical. The question is if the “experts” were lying or just dumb
Right, Trump literally predicts what he will do years in advance, puts the plan in place, what he said would happen happens and somehow, he just got lucky.
Honestly these people should be cleaning bathrooms and ignored otherwise, that are liars and just all around horrible miserable souls.
And those grapes are sour anyway so there...
Schadenfreude
When you’re a communist who has no clue about how an economy functions, it all looks like a guessing game to them.
Lying.
EXACTLY HOW MANY GREAT BUILDINGS HAS POLITICO BUILT???
well if gambling on Trump and against democrats in November 2024 worked, why don’t we all gamble against democrats again in 2026?
“All the experts said his tariffs would drastically increase inflation.”
If tariffs increase prices, so do taxes. People pay taxes and that bites into consumption. Headline: Taxes, consumption hardest hit.
Oddly enough, it’s worth considering an argument from Karl Marx. He said interest and profit left workers “alienated” because they did not get everything coming to them. There was a wedge for profit and another one for interest. If that is true, it is also true about taxes. Taxes are a wedge that reduce take home pay or what it is able to purchase.
Marx was wrong in his total opposition to interest and profit, and in not noticing taxes. Interest, profit and taxes all serve a useful purpose.
Are interest, profit, or taxes “too high”? There are competitive markets for interest. Profit and loss are a goad to business, especially in more competitive markets. In the same way that nature abhors a vacuum, markets abhor a monopoly or, more broadly, too much profit. If anything is “too high” it’s government spending (paid by taxes, inflation and debt).
It’s government spending that often lacks the discipline of competition. We are seeing some competition with CA and NY losing jobs and people, but it was a long time coming and there is no guarantee that those states will learn any lessons.
In summary, if you don’t like tariffs, you shouldn’t like taxes. Is Politico consistent?
I’ll take luck over Demon-crats any day.
That would be my guess
To the left, ignoring their reality-denying conventional wisdom = luck, despite the long history of such conventional wisdom being dead wrong.
I used to clean bathrooms.
I would not hire these people to work on my bathroom cleaning crew.
LOL nice, I stand corrected
The great baseball executive, Branch Rickey once said, “luck is the residue of design”.
“The more I practice the luckier I get.” - Gary Player
Politico is nothing but a far-left puke sandwich.
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