Posted on 09/07/2018 9:25:54 AM PDT by Kid Shelleen
New York Times opinion writer and economist Paul Krugman predicted early Wednesday morning that the stock market will “never” recover from Donald Trump’s presidential victory, only to be proven spectacularly wrong in less than a day. Instead of collapsing, the Dow Jones Industrial Average surged to an all-time high shortly before the closing bell. Futures markets imploded Tuesday night as soon as it became apparent Trump was likely to win. At their nadir, futures for the Dow Jones Industrial Average had dropped 750 points. At that point, Krugman chose to release a blog post in which he predicted these jitters represented a new permanent reality in the U.S. economy. “It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?” Krugman said in his post. “If the question is when markets will recover, a first-pass answer is never.”
(Excerpt) Read more at dailycaller.com ...
I just channel-surfed over MSNBC, where John Harwood and the anchors were busy telling us why all these jobs were actually a very bad thing.
bookmark
thanks for this posting.
truly, PDJT has saved us from a horrible terrible severe market and economic crash, the Obama lies and fakery could not have continued much longer
however,
I personally try to exercise some measure of restraint about how well the markets and especially the economy ... are doing now.
YES, PDJT deserves a GREAT GREAT deal of credit!!!!!!!!!
however, markets do cycle, they do naturally go up and down, they can’t go up forever... especially not as vigorously or strongly as has been the case in the last year under DJT
there have always been corrections, even in economies that are put back on the right .. growth!....path...like PDJT has been doing for us
meanwhile, yes, and Krugman (a quite intelligent fellow and someone who could be a great economist if his commie type politics didn’t get in the way).....Krugman has made an ass of himself again
economics takes politics into account but
economics is NOT politics, Dr. Krugman
Krugman has never been right about anything. Like Obama he got a Nobel Prize for nothing. And that gives him status to write for the rest of his life. Even though he never says anything true.
“...Krugman, a quite intelligent fellow.....”
...according to his mommy and all the professors who made their way to “the top” by engaging in disgusting, destructive tribal politics that destroyed what stood in the way of their furthering the revolution.
IMHO
My IRA is doing very well. I pulled out 20K in May for a project and have made it all back and then some in 4 months. MAGA.
I apologize in advance for posting this article about Krugman for about the millonth time.
I think it's hilarious and I admit I'm addicted to it. I hope others enjoy it as much as I do.
Fits.
thanks for posting that. I never saw it before ..
What's really weird is, the DC ComPost claims we're in the 95th week of adding jobs in the economy, and real news sources note that we're at or near historic lows in unemployment. So, Krugman, you lying sack, and Soetero, you lying sack, which is it? Has the economy taken a big dump under President Trump, or is it contiinuing to boom despite tax cuts and regulation relief? A-holes. Thanks Kid Shelleen.
If Paul Krugman was half as smart as he thinks he is why hasn’t he told his bosses how to save the New York Times from failure?
My pleasure, glad you enjoyed it!
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