transporter
Well-Known Member
Kudlow Cheers Economy That Goldman Sees Facing Slowdown in 2019
Why could this be trouble? Larry Kudlow's track record on economic sucks. He never studied the subject so one could understand why he sucks at it so thoroughly. If you doubt me, go look up his comments in 2007 and 2008. Or just search his name and read the articles from actual economists who just disembowel Kudlow's complete lack of knowledge. When he proclaims all is right with the US economy, it might be a good time to start hording food.
As for his actual comments above, what complete moron. My guess is the resident economic experts on here can't see why Kudlow's comments are so idiotic so I will spell it out for you. (Don't worry Gilligan and Hijinx, I will type slowly for you...so you can keep up)
Kudlow proclaims that the economy is doing great, now. Goldman Sachs didn't say the economy was tanking now. See the bold portion above. GS, like every other economist on the planet, sees US growth slowing to 2.5-3.0% in Q4 2018. BTW, the economy is doing ok now...it is not booming.
Kudlow claims that a recessions is so far in the future, you can't see it. GS didn't make a recession call. Kudlow is either too stupid to understand or is counting on Trumpians to be too stupid to understand (that is not an unreasonable) that GS's call is for much slower but still positive growth in 2019 and 2020.
There ARE folks out there who are worried about a recession in 2020. But they are currently in the minority and generally base their call on a potential Federal Reserve overreach with interest rates.
Why could this be trouble? Larry Kudlow's track record on economic sucks. He never studied the subject so one could understand why he sucks at it so thoroughly. If you doubt me, go look up his comments in 2007 and 2008. Or just search his name and read the articles from actual economists who just disembowel Kudlow's complete lack of knowledge. When he proclaims all is right with the US economy, it might be a good time to start hording food.
As for his actual comments above, what complete moron. My guess is the resident economic experts on here can't see why Kudlow's comments are so idiotic so I will spell it out for you. (Don't worry Gilligan and Hijinx, I will type slowly for you...so you can keep up)
Kudlow proclaims that the economy is doing great, now. Goldman Sachs didn't say the economy was tanking now. See the bold portion above. GS, like every other economist on the planet, sees US growth slowing to 2.5-3.0% in Q4 2018. BTW, the economy is doing ok now...it is not booming.
Kudlow claims that a recessions is so far in the future, you can't see it. GS didn't make a recession call. Kudlow is either too stupid to understand or is counting on Trumpians to be too stupid to understand (that is not an unreasonable) that GS's call is for much slower but still positive growth in 2019 and 2020.
There ARE folks out there who are worried about a recession in 2020. But they are currently in the minority and generally base their call on a potential Federal Reserve overreach with interest rates.
