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1. I laugh at the economic "experts" in the media being wrong every single time. It's funny as hell too me for some reason. Every prediction is wrong. They have been wrong about everything for the last several years. I laugh, because it doesn't have to be this way.
2. I'll grant it's very difficult to predict the future so most people give these "experts" some slack. However, the current situation is entirely different from previous misses.
3. There is an old saying when using models to predict the future: "garbage in = garbage out". This is the process we have seen for the last 2 years to a large extent.
4. When you add this equation of garbage together with the increasingly amount of propaganda being pushed by the fake media; it becomes very easy to see that the "experts" will never be correct in this environment.
5. Knowing this Truth, the only logical step you can take is to disregard all "experts" at this point. If you must read their crap then laugh when they pontificate their methane induced predictions.
6. You may be wondering what "garbage in" means in this case. The "garbage in" is mostly due to their bubble living. Because of their bubble life within the fake media environment, they missed a key data point.
7. If they were to acknowledge this data they would be faced with two possibilities. They would either be exiled from the bubble and/or experience cognitive dissonance. Both are a bridge to far for them. It's the same problem the human caused climate changers face.
8. The key point that all of these "experts" are missing is the Nov 2016 election. The results of that election created an inflection point that changed the entire economic environment. Everything before that data became moot to impacting the future.
9. For those that don't know, an inflection point is defined as an event that results in a significant change in the progress of an economy, company, nation etc. It's a turning point in other words and can turn the economy positive or negative.
10. The economy after Nov 8th, 2016 is a totally different economy than the one before Nov 8th, 2016. The experts' inability to acknowledge this fact is the main reason they will continue to be wrong.
11. For instance, the economic expansion isn't almost 10 years old. It's only 2 and a half years old. So the "experts" are looking at their economic models in the ten year timeframe and are predicting a recession whereas if you see it has 2.5 years old you see no recession.
12. The fact is the Obama economy was based on QE, zero interest rates and government spending. It never really impacted major sectors of the economy. It kept the economy afloat more or less and reinflated it to some degree but it never healed it from the great recession.
13. Trump's economy is based on cheap energy, deregulation, business tax cuts, higher interest rates, QT, and tariffs/trade changes.
14. The two are not the same at any level. It's like night and day. The narrative/bubble won't allow the "experts" to accept this underlying fact
14. The two are not the same at any level. It's like night and day. The narrative/bubble won't allow the "experts" to accept this underlying fact
15. There are other factors that differ between the two economies. Things like military's spending vs food stamp spending, service jobs vs manufacturing jobs, forced demand vs natural demand in products(electric cars vs SUVs)
16. It's just a fact that the Cash for Clunkers economy is not the same as the MAGA economy. Failure to accept this fact when making future predictions means you will be constantly wrong. You will be the economic Al Gore.
17. This👇 WH briefing that the media never mentioned (it was election time you know) explains the verifiable inflection point seen in chart after chart. If the "experts" would have only listened last Sept maybe they wouldn't still be making stupid, idiotic, incorrect predictions
