Democrat Press Hoping for a Downturn

Silverfiddle Rant!

One of my favorite Three Stooges episodes opens with them working for a pest extermination company run by a hilarious, politically incorrect stereotype of a 1930's German immigrant.

He tells them to get out and get busy.  Moe protests and says, there's no work, "if they ain't got ants, they ain't got ants."

The German owner puffs himself up, "Zen you giff them ants, and mice, and cockroaches!  Now get busy!"

Sounds a lot like our Infotainment Media Complex, doesn't it?  "No bad news?  We'll give them bad news!"

Issue & Insights asks the question...
Anyone Notice That Trump’s Economy Keeps Beating Expectations?

All the smart kids and "experts" in the press have been talking recession since President Trump was elected.

Last August, the liberal “explanatory journalism” site Vox.com headlined an article “Why everybody’s worried about a recession again.”

In December 2018, the Washington Post ran a piece headlined: “A recession is coming, Trump will make it so much worse.”

That article reported that “virtually every independent forecaster foresees a slowdown once the sugar rush of Trump’s tax cuts wears off in the next year or so. And in a recent survey of economists by the Wall Street Journal, more than half predicted that we’d have a full-blown recession by 2020.”

Three days into 2017, PBS ran a column titled: “I’m predicting an economic recession in 2017. Are you ready?”

Around the same time, CBS Marketwatch posted an opinion piece warning that the “Next recession will hit during Trump’s first two years.”

Contrast that with coverage during the Obama years, when that president brought us the worst recovery on record, an accomplishment made more spectacular by the economic iron law that the harder the crash, the bigger the bounce.  The steepest part of the recovery curve comes early, then levels off. Economic growth under President Trump is remarkable for the fact that steep gains are coming eight years after the crash.

Here's how the press covered Obama's sputtering, uneven recovery, that saw millions of discouraged Americans leaving the workforce:

Then, the press was all about “green shoots” and economists kept predicting the economy was poised to lift off. Strong growth was “right around the corner,” they kept saying, and soon we’d see the fruits of Obama’s tax-and-spend-and-regulate economic policies. Yet actual results routinely come in “unexpectedly” worse. GDP growth was below forecast every single year Obama was in the White House.

Please go read the entire short article and tell us, What say you?