"The line Democrats and the media are now promoting is that people aren't "feeling" the improved economy. When they start to feel it, likely by next spring, what will their line be then?"
"End of the year predictions about the future have been around at least since the days of Nostradamus, but what about past predictions? There were plenty of predictions that electing Donald Trump the first time and then reelecting him, would cause economic Armageddon. "Democrats and their media mouthpieces have consistently predicted monetary collapse from President Trump's policies. This year alone, editorials in The New York Times, The Washington Post and most "reporting" by mainstream networks have claimed with absolute certainty that the president's tariffs would tank the economy.
"Now comes a column in The Washington Post by author and investor Zachary Karabell, who writes "The Edgy Optimistic" on Substack. He says that after Trump's tariff announcement last April 2, "Most observers predicted sharply higher inflation, domestic and global economic contraction, and widespread spikes in unemployment. None of that happened." In fact, inflation is way down from what it was during the Biden administration, the stock market is setting new records, gas prices have dropped way below what they were during the Biden years, and prices for groceries are starting to fall, though less quickly. Karabell writes: "2025 ends on a positive note for the economy, in terms of the numbers and relative to expectations in April. That should be celebrated."
"When confronted by Chevy Chase that her editorial response was wrong, she responded "never mind." Being a liberal means never having to say you were wrong, much less apologize. Consider what New York Times economics columnist Paul Krugman wrote after Donald Trump was first elected president in 2016:"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. So we are very probably looking at a global recession, with no end in sight." Krugman doubled down on his prediction of economic disaster if Trump was re-elected in 2024. Wrong again. Never mind." . . . More...
Cal Thomas, America's most-syndicated columnist, is the author of 10 books.
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