Back in February, the New York City tourism agency said Trump’s “travel ban and related rhetoric” would mean a drop of 300,000 visitors in 2017. They now predict a 3.6% rise in tourism for this year.
Finance expert Steve Rattner predicted “a market crash of historic proportions” under President Trump. Moody’s warned of a “weaker” economy. Other doomsayers included Mark Cuban, Andrew Ross Sorkin, Bridgewater Associates and Macroeconomic Advisers. A number of economists predicted that growth would not exceed 2%.
Nobel-winning economist Paul Krugman demonstrated his lack of aversion to lying by predicting before the election that Trump would bring “a global recession, with no end in sight.” Shortly after the election he apparently got some new tea leaves as he back tracked on his doomsday predictions. Think ye that mayhaps his previous predictions may have been only for political purposes?
The Dow has climbed more than 25 percent since the election and the first two full quarters of Trump’s term both saw growth of 3 percent or more.
More recently, Trump’s cutbacks to help for folks signing up for ObamaCare brought warnings that enrollment would surely plummet. The first few days of open enrollment this year, however, saw a record number of people sign up.
Despite all the crying and moaning from the Left about fascism and tyranny, Trump has scrupulously obeyed the law. This, even with obstruction by judges who came up with senseless legal theories to block Trump’s “travel ban” executive orders.
This does not preclude the possibility of bad news for the economy or ObamaCare in the future, but it does demonstrate that predictions of Armageddon at the hands of Donald Trump were … well … trumped up with lies by agents and agencies that were supposedly providing “unbiased” analysis.