The fake news media is acutely aware that President Donald J. Trump’s America First economic policies have been a historic success. Unemployment continues to be at or near record lows, the U.S. has regained its status as the number one economy in the world, and business is booming.
As sad and, perhaps, pathetic as it might sound, Democrats have a recession on the top of their wishlist. An economic downturn would diminish the quality of life of low-income families and put people back on welfare after regaining their independence.
“So yes, a recession would be very worth getting rid of Donald Trump and these kinds of policies,” HBO host of ‘Real Time’ Bill Maher reportedly said. “A recession would definitely knock him out of office.”
Liberal elites care nothing for the diminished opportunities of working people, as long as they can regain power and put one of their own back in the White House. The bad news for the left — and good news for hard-working Americans — is that the Trump economy shows no signs of slowing. That’s why the fake news media has concocted yet another hoax — a phony recession.
“Many a Wall Street trader could’ve used a stiff drink about then because the bond market was flashing concerns about a possible recession, with the ‘yield curve’ inverting to its lowest levels since 2007,” CBS News reported after the DOW Jones took an 800-point one-day tumble.
“The inversion, a classic recession warning signal, comes amid rising tensions due to the U.S. trade war with China and a global economic slowdown.”
The fake news media failed to point out that when the DOW Jones stumbled to a reported 25,579, that figure was similar to its measure in August 2019.
The widespread cries that the sky was falling reverberated through the fake news media all united in blaming the president for only the lows of the stock market. Headlines and articles across the left-leaning media went out of their way to create yet another false narrative.
The anti-New York Times went as far as to use the scare headline, “How the Recession of 2020 Could Happen,” and CNN penned hoax “A Global Recession May Be Coming A Lot Sonner than You Think.”
But the radical left-wing Salon may have taken the top honors by blending scare tactics with hate speech in its headline, “Can Trump Lie His Way Out of a Recession? That Actually Might Not Work.” The propaganda is simply beyond journalistic decency, never mind credibility.
These Democrat-aligned outlets were content to avoid facts such as the Trump Administration successfully renegotiated NAFTA to create the new USMCA deal that House Democrats refuse to vote to approve.
They also avoid facts such as China steals hundreds of billions in American intellectual property each year and has been deemed a currency manipulator.
Another fact that has gone grossly underreported that for all the phony “recession” scare reporting, the DOW Jones bounced right back and soared above the previous day’s level.
The president pointed out that the fake news media is manufacturing a phony crisis and “doing everything they can to crash the economy” in an effort to meddle in the 2020 election.
“We’re doing tremendously well. Our consumers are rich. I gave a tremendous tax cut, and they’re loaded up with money,” Pres. Trump reportedly said.
White House advisor Kellyanne Conway had harsh words for the biased, fake news media who choose to create economic scares but avoid talking about the robust gains the nation has made under the current administration.
“It’s nice to see the media finally cover the Trump economy. You seem to cover it only when you can use the Sesame Street word of the day: recession,” Conway reportedly said. “The fact is, the fundamentals of our economy are very strong, and you know it.”
It’s undoubtedly true that Conway’s job is to spar with the anti-Trump media on occasion, and she is not necessarily an expert on economic matters. However, experts within the administration who have succeeded in managing the economy on a day-to-day basis are brimming with confidence.
“I think we’re in pretty good shape, and I want to just say, you know, we should not be afraid of optimism. I don’t know what it is. Everybody wants to talk about pessimism, recession,” White House economic adviser Larry Kudlow reportedly said. “There’s no recession on the horizon.”