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Media Refused to Report
October 11, 2018

The Morning Rant: J.V. Edition


This is the result of President Trump's policy of decreasing regulation and freeing the naturally industrious and entrepreneurial spirit of America. Obama and his minions were opposed to any relaxation of government control, and we got eight years of malaise for their troubles.

Just get the hell out of the way and Americans can fix anything...even the marxist economic policy of a two-term president. What is frustrating is the categorical refusal of the MBM to recognize that Obama's economic policies were hopelessly flawed. Any rational analysis of economic trends will show an uptick in almost every measure that corresponds with the Trump economy. The good thing is that the American people aren't that dumb. They see the correlation and they like it!

Latest forecast: 4.2 percent -- October 10, 2018

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.2 percent on October 10, up from 4.1 percent on October 5. After this morning’s wholesale trade report from the U.S. Census Bureau and this morning's Producer Price Index release from the U.S. Bureau of Labor Statistics, the nowcast of the contribution of inventory investment to third-quarter real GDP growth increased from 2.09 percentage points to 2.20 percentage points.
This is an interesting snapshot of the current economy. I am unsure how accurate it is, but at least it is consistent. I wonder whether the ramp-up to Christmas is causing the increase in inventory investment? It makes sense, and might even be true!


JP Houthis.jpg

'Curse the Jews,' Yemen's Houthi rebel slogan handed out at university
Guess who backs the Houthis...

Go ahead...I'll wait.


Look, I know this isn't fair. Wretchard is smart, and Matthew Yglesias is dumber than pretty much everyone on the planet.




[Hat Tip: MTF]

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posted by CBD at 11:00 AM

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