Just 45 days ago, the lefties were celebrating a 0.8% GDP forecast..... LMFAO... Losers. 900 days strong.......
https://issuesinsights.com/2019/04/26/once-again-trumps-economy-beats-the-experts/
“Economists warned that the report was inflated by short-term factors and probably overstated the underlying pace of growth,” Ben Casselman reported. “Most anticipate a downshift as the year progresses, and hardly any independent economists expect that President Trump will be able to deliver the 3 percent growth he has promised this year.”
Got it? The same folks who were telling us to expect close to zero growth this quarter — and who consistently overpromised growth during the Obama years — are now saying, trust us, the economy will slow soon.
It would be cynical to attribute such erroneous forecasts to political partisanship. But what’s the other choice? That professional economists are as reliable as the local weather forecaster?
https://issuesinsights.com/2019/04/26/once-again-trumps-economy-beats-the-experts/
“Economists warned that the report was inflated by short-term factors and probably overstated the underlying pace of growth,” Ben Casselman reported. “Most anticipate a downshift as the year progresses, and hardly any independent economists expect that President Trump will be able to deliver the 3 percent growth he has promised this year.”
Got it? The same folks who were telling us to expect close to zero growth this quarter — and who consistently overpromised growth during the Obama years — are now saying, trust us, the economy will slow soon.
It would be cynical to attribute such erroneous forecasts to political partisanship. But what’s the other choice? That professional economists are as reliable as the local weather forecaster?
