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Re: fuagf post# 291971

Monday, 10/22/2018 2:24:45 AM

Monday, October 22, 2018 2:24:45 AM

Post# of 494364
Krugman is a renowned economist,

Krugman is just another political hack trying to defend liberal economic policies. You really believe this guy?

Paul Krugman Says Markets Will ‘Never’ Recover From Trump; Dow Hits Record High

But Krugman’s forecast that the markets would “never” recover took just nine hours to be proven totally wrong. Come Wednesday morning, the fever had almost entirely broken in the U.S. Instead of dropping by 10 percent or more, as some predicted, the Dow, Nasdaq, and S&P 500 all rose by more than a percent. Later in the day, the Dow briefly surged above its all-time closing high, before ending the day just a few points below it. The Dow finished the day up about 257 points overall.

https://dailycaller.com/2016/11/09/paul-krugman-says-markets-will-never-recover-from-trump-dow-hits-record-high/

If Obama claims credit for the booming economy, you have to give Clinton credit for the derivatives mess.

HOPE IS MOTIVATION; REALITY IS PROFIT

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