Trump Administration spent weekend telling Americans to ignore evidence of a coming recession and to only listen to them, dammit!

By |2019-08-19T08:34:51-08:00August 19th, 2019|Categories: News|Tags: , , , , , |29 Comments

“I am the only source of truth in the world, everything else is a lie.”

Courtesy of CBS News:

President Trump returned to Washington on Sunday after spending 10 days at his New Jersey golf club. Before boarding Air Force One, the president made a point to push back on the risks of a recession facing the U.S. economy. Mr. Trump said the economy is “doing very well” and dismissed concerns of recession, offering an optimistic outlook after last week’s steep drop in the financial markets.

“I don’t think we’re having a recession,” Mr. Trump told reporters Sunday afternoon before heading back to the White House. “We’re doing tremendously well. Our consumers are rich. I gave a tremendous tax cut and they’re loaded up with money.”

Larry Kudlow, Mr. Trump’s top economic adviser, also played down fears of a looming recession and predicted the economy will perform well in the second half of 2019. In Sunday television interviews, he said that consumers are seeing higher wages and are able to spend and save more — despite a tumultuous week on Wall Street.

“No, I don’t see a recession,” Kudlow said. “We’re doing pretty darn well in my judgment. Let’s not be afraid of optimism.”

Kudlow also explained that strong retail and low unemployment are signs that the U.S. economy remains strong.

It should be pointed out that Larry Kudlow also failed to predict the 2008 recession. 

Trump, however, is not just ignorant about the facts, but actively believes that the media is misrepresenting them.

Courtesy of Business Insider:

President Donald Trump has claimed in private conversations that opponents are conspiring against him to skew economic data and damage his chances of reelection in 2020, The New York Times reported Sunday.

Sources familiar with the matter told The Times on condition of anonymity that the president had told aides and allies that opponents were seeking to rob him of a key strength entering the 2020 election campaign — the strength of the economy during his presidency.

Agitated by news reports and warnings by economists of recession signals, the president has privately claimed that “forces that do not want him to win” have been exaggerating the damage his trade war has caused the global economy, according to the report. Trump has repeatedly aired conspiracy theories during his presidency, on issues such as the recent death of the disgraced financier Jeffrey Epstein as well as Hillary Clinton’s private email server.

This should terrify everybody as it indicates that even when the evidence becomes overwhelming that Trump may not be willing to believe or respond to is appropriately. 

This administration has literally been riding the wave of economic fortune that the Obama Administration left in place and taking all of the credit. 

Now that Obama’s leftover momentum is dying down Trump must actually solve a problem that has been bragging he is the best one to solve since the beginning of his campaign. 

If he fails he is fucked. 

Look I don’t want a recession, so I hope he can actually do it. 

But I have no confidence that a man whose bank had to put him on an allowance, who could not even make money running a casino, and who does not recognize facts, has the skills to do that. 

About the Author:

This blog is dedicated to finding the truth, exposing the lies, and holding our politicians and leaders accountable when they fall far short of the promises that they have made to both my fellow Alaskans and the American people.

29 Comments

  1. anon August 19, 2019 at 11:20 am

    Just spotted some Christmas items at the store. Entering the 4-month shopping frenzy known as Jesus’ birth. Thanks be to God global warming is all made up because man is separate from the earth which is a dead spinning weight at man’s service. Whew. On dasher, on dancer…

  2. anon August 19, 2019 at 12:09 pm

    I see the farmers crying crocodile tears on the tevees about soybeans that they are unable to sell. One would think that a farmer of all people would be able to recognize bullshit when they see it.Maybe farmers should try pulling their heads out of their asses before they walk into the voting booth next time.

    • Anonymous August 20, 2019 at 5:56 am

      My dad’s a farmer and a proud Trump voter. He’s recently been spouting the theory that brown people are taking over. As long as Trump continues the racism and keeps hurting brown people, they will vote for him no matter how much he fails in every other aspect.

  3. Anonymously August 19, 2019 at 12:36 pm

    Well, he thinks he OWNS Fox!

    CNN’s David Gergen Says Trump is ‘Acting As If He Owns Fox’: ‘It’s Very Manipulative’

    …..“I think this is alarming how far over he’s going,” Gergen said. “I mean, to say that he may actually vote against Fox or cast a vote against Fox being involved in the upcoming presidential debates of 2020 because he — their coverage is not to their liking, that’s revolting.”

    “It’s very manipulative and it’s what strongmen do. They try to take over the voices of dissent. They try to take over the media or tie the media and their countries to suppress their voice. And that’s what’s wrong with this,” he said.

    “We ought to be very, very clear about big things, and this is a big thing when you start toying with the media and acting as if you own Fox,” Gergen said. “And if they report things badly, by God, you’re going to punish them when it comes to the big debates.”

    https://www.mediaite.com/trump/cnns-david-gergen-says-trump-is-acting-as-if-he-owns-fox-its-very-manipulative/

  4. puck August 19, 2019 at 12:37 pm

    money?!? who the fuck has money!!!!!??

    • OK August 19, 2019 at 2:19 pm

      https://www.politicususa.com/2019/08/19/trump-economy-approval.html

      Trump has been arguing, inaccurately, for all of the credit on the economy. He and Republicans will take all of the blame if the economy plummets on his watch.

      Voters see what Trump is in denial about. The economy is slowing. People are getting nervous, and Trump’s approval rating is eroding along with his chances of reelection.

  5. Anonymously August 19, 2019 at 12:39 pm

    Fox & Friends Accuses Media of ‘Deliberate Attempt’ to Crash Economy With Recession Talk

    ….On Monday, the curvy couch took notice of how much conversation there has been about the possibility of recession between the Dow’s recent plummet and other troubling indicators from the financial markets. While these factors might be a source of concern for some people, Ainsley Earhardt seems to believe everything is perfectly fine.

    “It’s so obvious what they’re doing!” she said. “They do not want him to win again and they don’t like that the economy is doing well, apparently.”

    Fox Business host Charles Payne seconded that argument, saying “the only thing that can happen in this country right now that can derail this economic juggernaut is if everyone believes it’s going to be derailed.” He continued by accusing the media of doing this before, back when the economy ran into trouble at the end of 2018.

    “There is no economic data out there that suggests we are on the cusp of a recession,” Payne concluded, citing retail sales and earnings from Walmart. “The bottom line is it seems to be a deliberate attempt by many people to make this economy go into recession.”

    https://www.mediaite.com/tv/fox-friends-accuses-media-of-deliberate-attempt-to-crash-economy-with-recession-talk/

  6. Anonymously August 19, 2019 at 12:41 pm

    Trump Defends Empty Seats at Rally in Lengthy Tirade to Reporters: ‘You Had a Big Flag’

    Trump has been fixated on coverage of his New Hampshire rally crowd in recent days. Late Friday night, he blasted out a series of tweets complaining that the media was downplaying the crowd size.

    https://www.mediaite.com/tv/trump-offers-in-depth-explanation-for-empty-seats-at-rally-you-had-a-big-flag/

  7. Anonymously August 19, 2019 at 12:45 pm

    😂😂😂

    Hillary Clinton fact checked President Donald Trump Monday, saying that his claim that Google manipulated millions of voters was “debunked” and even took a shot at Trump’s campaign.

    “The debunked study you’re referring to was based on 21 undecided voters,” said Clinton. “For context that’s about half the number of people associated with your campaign who have been indicted.”

    https://www.mediaite.com/politics/hillary-clinton-burns-trump-for-election-conspiracy-by-recalling-how-many-of-his-associates-were-indicted/

    👏

  8. Anonymously August 19, 2019 at 1:03 pm

    The hate spreads

    SUBWAY WORKER YELLED ‘GO BACK TO YOUR COUNTRY’ AT MUSLIM WOMAN BECAUSE HE GETS MAD WHEN HE’S ‘THIRSTY’

    https://www.sahanjournal.com/news/muslim-woman-says-subway-worker-waved-knife-told-her-go-back-to-your-country/

  9. Anonymously August 19, 2019 at 1:06 pm

    ‘The election could be over before any votes are cast’: AP reporter breaks down Trump’s recession fears

    “[P]rivately, Trump is growing increasingly worried the economy won’t look so good come Election Day. … Though a pre-election recession here is far from certain, a downturn would be a devastating blow to the president, who has made a strong economy his central argument for a second term,” Lemire reported. “And White House economic advisers see few options for reversing course should the economy start to slip.”

    “It’s a crazy thing. I’m older than you and I have been doing this for a while,” Heilemann said. “I have rarely ever heard a White House acknowledge on background, on the record, off the record, ‘we have no options, our hands are tied.’”

    “Never heard that one before,” he added.

    “It was sort of striking, but that’s how they feel,” Lemire replied. “First of all, they will argue the economy is doing better than we are giving credit. They say things are going to be fine, that right now this is a creation largely of cable news studios and some jitters on Wall Street, et cetera.”

    https://www.rawstory.com/2019/08/the-election-could-be-over-before-any-votes-are-cast-ap-reporter-breaks-down-trumps-recession-fears/

  10. Anonymously August 19, 2019 at 1:08 pm

    Paul Krugman hilariously roasts Trump economic adviser for decades’ worth of terrible predictions

    “Kudlow, like his master, refuses to acknowledge or learn from mistakes,” Krugman writes. “The quintessential Kudlowism involved Bill Clinton’s tax hike: Kudlow predicted disaster. Then, when the economy boomed, he said it was a delayed effect of the 1981 (!) Reagan tax cut.”

    Krugman then lists other times tax cuts failed to security lasting economic prosperity despite Kudlow’s predictions, such as the Bush tax cuts that were followed by the 2008 financial crisis, or the Kansas tax cut experiment that drained the government of resources to such an extent that even some Republicans in the state voted to raise taxes to produce additional revenue.

    “The point is that nothing — not the Bush financial crisis, not the Kansas disaster, not the disappointment of the Trump tax cut — ever leads him to change his faith in the miracle of tax cuts for the rich,” he concludes.

    https://www.rawstory.com/2019/08/paul-krugman-hilariously-roasts-trump-economic-adviser-for-decades-worth-of-terrible-predictions/

  11. aNOn August 19, 2019 at 2:12 pm

    https://www.rawstory.com/2019/08/did-newt-buy-his-degree-from-trump-university-republican-destroyed-for-recession-claims-on-fox-news/

    newt gingRICH

    “so far at least, we’re probably the healthiest economy on the planet and we’re more likely to avoid a recession than any other major country in the world.”

    ‘It wasn’t the liberal news media that said a recession was coming. It was all economic indicators. Every market analyst says the signs are there. The bond market tells us”
    “Things are getting really bad for the GOP, Newt is trying to spread his lying propaganda. No one hopes for a recession.”

    https://www.rawstory.com/2019/08/fox-news-promotes-conspiracy-theory-on-screen-and-downplays-terrorism-in-el-paso/

  12. Jack u up Benny August 19, 2019 at 2:36 pm
  13. anon August 19, 2019 at 2:41 pm
  14. anonymous August 19, 2019 at 2:55 pm

    https://www.huffpost.com/entry/american-families-trump-china-tariffs-jpmorgan_n_5d5ade7ce4b04e1e14de8a9e

    “The estimated costs would wipe out nearly all of the tax breaks from Trump’s 2017 tax overhaul.”

    To bad, so sad.

    • Anonymous August 20, 2019 at 4:13 am

      He needs to be exercised. They keep him hidden to hide his autism and now it is starting to show. He has gained a lot of weight in the past two years. Usually a young man who shoots up in height thins out. This poor guy is basically a prisoner who plays video games on computer and evidently eats a lot. He has poor muscle tone, that is plain to see.
      Free Baron.
      Embrace his difference and be an ally for families of autistic kids Melania. I guess he is not good for ratings?

  15. Anonymous August 19, 2019 at 5:27 pm

    Listen to Larry Kudlow’s interviews on the Sunday shows – the guy sounds drunk – disconnected and slurring his words.

  16. Anonymous in Chicago August 19, 2019 at 5:39 pm

    “President Donald Trump has claimed in private conversations that opponents are conspiring against him to skew economic data and damage his chances of reelection in 2020…”

    Trump is a crook, paranoid, pushes bogus conspiracy theories, is a pathological liar, and is a nasty human being who also likes to sing the song of a “victim”. And the worst part – he has access to the nuclear codes.

  17. Anon August 19, 2019 at 6:15 pm

    https://www.rawstory.com/2019/08/president-vows-he-wont-build-a-trump-tower-greenland/

    I promise not to do this to Greenland!

    {Golden Showers Tower}

  18. Anonymously August 19, 2019 at 11:44 pm

    A Day After Promising There Would Be No Recession, The White House Is In A Panic Over The Recession

    Trump and top aides have spent the past few days trying to convince the public that the economy is strong and that fears about a recession are misguided. But White House officials quietly have begun scrambling for new ideas to reverse public concerns and boost business confidence.

    Some administration officials have felt that planning for an economic downturn would send a negative perception to the public and make things worse, but Trump has spent much of the past week conferring with business executives and other confidants seeking input on what they are seeing in the economy.

    https://www.politicususa.com/2019/08/19/white-house-recession.html

  19. OK August 20, 2019 at 6:46 am

    https://www.politicususa.com/2019/08/19/trump-recessions-prevented-not-talking.html

    “No recession, no planning for recession, don’t even talk about it,” the MSNBC host said of Trump’s attitude to the potential downturn. “Avoiding talking about it in the hopes that it will go away, and then avoiding any planning about it, that’s ineffective and pretty short-sighted for the U.S. government.”

    https://www.politicususa.com/2019/08/19/white-house-recession.html

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