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Friday, July 27, 2018

That Was Some Correction!

All through 2016 and 2017, the Democrats and the media told us that when candidate and then President Trump spoke of returning economic growth of 3% per year or higher, he was promising the unattainable.  Because of "structural changes" in the economy, the best the USA could hope for would be 1-2% growth.  It was the "new normal".  Some pundits like Paul Krugman of the New York Times (who actually won the Nobel Prize in Economics), denounced Trump for lying to the American people with his promises of faster growth.  Various members of the Obama economic team told us both before and after President Trump took office that growth would never return.  And then today, we have a report that the growth rate in the second quarter was 4.1% and that means that the last year included growth in excess of that unattainable 3% figure. 

Since the pundits, media and Democrats were all so wrong in what they said, I figured that this afternoon's reports would be filled with corrections and apologies for putting out such nonsense on such a large scale for all that time.  Okay, I'm kidding.  Still, I thought that perhaps one of these bozos might admit to being wrong.  But no, not a single one came forward to do so.  They just move on to the next lie.

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