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10 Anti-Trump Economic Predictions Proven WRONG

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8-1-18

Liberals need Trump to fail. If Trump succeeds, they lose. They lose their position in the swamp, they lose their favorite policies to buy votes; they lose everything. That's why they need the rocket-ship economy to crash. Democrats invaded Washington when the economy faltered under Bush, and they would do anything to save the swamp, even if that means economic ruin.

 

We have twelve times where liberals were making dire economic predictions about the results of Trump's economic policies. They did this to manipulate you, but they also secretly hope it's true because it's harder to peddle big government when times are good. Page 8 is a shameless example of that. 

Read more at http://trumptrainnews.com/articles/10-anti-trump-economic-predictions-proven-wrong#UJjVZFH4bH6IliFB.99

1.) Mitt Romney

·        07/27/2018

·        Source: TTN

·        by: TTN Staff

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By Mark Taylor (http://www.flickr.com/photos/n3tel/6854522965/) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

 “Trump’s domestic policies would lead to recession.” — Mitt Romney, March 2016.

 

Mitt was leading the Never-Trumper uprising against President Trump, swearing that his renegotiation of trade policies would induce a recession. Mitt's a wealthy man, but he's not an economist.

2.) Mark Cuban

  • 07/27/2018
  • Source: TTN
  • by: TTN Staff

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Mark Cuban has been a long-running foe of President Trump. He was a Hillary supporter. He's pretty used to being topped by Trump, this is just one more time.

Read more at http://trumptrainnews.com/articles/2-mark-cuban#GlPmzzucYgeL8jv8.99

 

3.) IMF Chief Economist

  • 07/27/2018
  • Source: TTN
  • by: TTN Staff

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 “If Trump wins we should expect a big markdown in expected future earnings for a wide range of stocks — and a likely crash in the broader market [if Trump becomes president].” —Eric Zitzewitz, the former chief economist at the IMF, November 2016. Economists are supposed to arrive at their decisions from data; he clearly didn't do that.  

Read more at http://trumptrainnews.com/articles/3-imf-chief-economist#4TFQ1symgMcTxpyz.99

 

 

Read more at http://trumptrainnews.com/articles/1-mitt-romney#BFWj6YSQM9VDB9P4.99

 

4.) Politico

  • 07/27/2018
  • Source: TTN
  • by: TTN Staff

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By Flughafen Dresden GmbH [Attribution], via Wikimedia Commons

“Wall Street is set up for a major crash if Donald Trump shocks the world on Election Day and wins the White House. New research out on Friday suggests that financial markets strongly prefer a Hillary Clinton presidency and could react with panicked selling should Trump defy the polls and deliver a shocking upset on Nov. 8.” — Ben White, Politico, October 2016. Don't go to Politico for advice on your investments. 

Read more at http://trumptrainnews.com/articles/4-politico#gKXQRdtLRhM5yZxw.99

 

5.) Citigroup

  • 07/27/2018
  • Source: TTN
  • by: TTN Staff

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By Ardfern [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], from Wikimedia Commons

“Citigroup: A Trump Victory in November Could Cause a Global Recession” — Bloomberg Financial News headline, August 2016. Maybe you shouldn't take forecasting advice from an outfit that had to be bailed out to the tune of $300 billion in bad assets. 

Read more at http://trumptrainnews.com/articles/5-citigroup#8yZB3UKpCK5G6wJo.99

 

  • 07/27/2018
  • Source: TTN
  • by: TTN Staff

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6.) MSNBC

 

“I have never seen an election in which the markets have so strong of a view as to what was good and bad about the outcome. And what you saw was the markets rallying yesterday because of the FBI thing on Sunday. And the reason I mention this particularly is if the likely event happens and Trump wins you will see a market crash of historic proportions, I think … The markets are terrified of him.” — Steve Rattner, MSNBC economic guru, October 2016. If MSNBC were a broken clock, it would still be wrong twice a day. 

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Read more at http://trumptrainnews.com/articles/6-msnbc#pxlcMJx3SKW6Pb7b.99

 

 

7.) Obama Economic Adviser

  • 07/27/2018
  • Source: TTN
  • by: TTN Staff

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“Under Trump, I would expect a protracted recession to begin within 18 months. The damage would be felt far beyond the United States.” — Former Clinton and Obama chief economist Larry Summers, June 2016. Obama officials know something about protracted recessions, so watch out. Two months to go...

Read more at http://trumptrainnews.com/articles/7-obama-economic-adviser#7vzuPmTBhh1QoTUv.99

 

8.) Washington Post

  • 07/27/2018
  • Source: TTN
  • by: TTN Staff

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“A President Trump Could Destroy the World Economy” — Title of a Washington Post editorial, October 2016. When leading newspapers engage in this sort of irresponsible rhetoric, it's not a mystery why nobody believes them, or why so many agree with President Trump that fake news is the "enemy of the people". 

Read more at http://trumptrainnews.com/articles/8-washington-post#4FBYRgoBya076gQj.99

 

9.) MIT Professor

  • 07/27/2018
  • Source: TTN
  • by: TTN Staff

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 “Trump would likely cause the sock market to crash and plunge the world into recession.” —Simon Johnson, MIT economics professor, in The New York Times, November 2016. Economics professors from elite universities really ought to know better than to pop off; like the media, there's a reason trust in once great universities like MIT and the Ivy League have declined. 

Read more at http://trumptrainnews.com/articles/9-mit-professor#iOb9m9xLM3lgAU5p.99

 

10.) Nobel Prize Winner Paul Krugman, New York Times

  • 07/27/2018
  • Source: TTN
  • by: TTN Staff

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By Haxorjoe (Own work) [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons

"It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?" 

 

Krugman said the Trump presidency will probably be severe and widespread enough to plunge the world into recession. Krugman is a favored columnist to the Swamp. In spite of his credentials, he engaged in the same alarmism, even as he now downplays the president's economic success story. 

Read more at http://trumptrainnews.com/articles/10-nobel-prize-winner-paul-krugman-new-york-times#wyZ3c6ApyvTlQv48.99