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To: SeekAndFind

Milton Friedman made this very clear and called it Realized Expectations. If enough people are convinced there’s a recession coming, they back off purchases, which decreases demand, which leads to lower employment, and then to a recession. The GOP needs to pull its thumb out of its butt and start singing the opposite tune, pointing to all of the good economic data that surrounds us and discount what a bunch of liberal Democrat economists are saying. Like the old joke says: Take all the economists and lay them end-to-end and they will never reach a conclusion. (Yep...I’m an economist!)


2 posted on 08/23/2019 7:01:25 AM PDT by econjack
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To: econjack

Russia! Russia! Russia!

It didn’t work.

Racist! Racist! Racist!

It didn’t work.

Recession! Recession! Recession!

It won’t work.

Trump is at the top of his game and the Dims are always playing catch up.


3 posted on 08/23/2019 7:05:22 AM PDT by Kharis13
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To: econjack

Predicting a recession is like predicting rain in the desert. If it’s predicted every day eventually the predictor will be right.


4 posted on 08/23/2019 7:06:41 AM PDT by snoringbear (,W,E.oGovernment is the Pimp,)
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