Having put all their resources into the failed Russian Collusion Myth, the media had to quickly pivot to their rock-ribbed standby, the well rehearsed traditional racism charge they now push 24/7. But in between yelling RACISM they're ramping up a second front, one democrats welcome the media help push - create fear in the stock market and consumers and hope it creates a self-fulfilling prophecy of downturn in the economy.
Why wouldn’t they try and convince investors to fear a collapse in the market and therefore reduce the risk they would take in that market? We’ve heard them base their assessment in this most recent claim the economy is heading into a recession by looking at the inverted bond yield, which of course is a big scary economic word that could easily be used to plead toward the ignorance of voters, because for the most part nobody knows what the hell that means. What the average American hears is your job is in jeopardy, and we are all going to hell in a hand basket because TRUMP!
The media consistently uses the ignorance of their audience as a weapon as we have all witnessed for over two years, and now take a cherry picked data point and a group of willing “experts” to spread doom and gloom and potentially create fear in the market, even when it’s not warranted. You know, some of the same people who told us 2% GDP was the “new normal”.
Let’s not forget that New York Times Exalted Economist, Nobel prize winner and Two Time "DMF ASSHAT OF THE YEAR" Award Winner Paul Krugman, claimed the economy was going into recession in a piece he wrote the day after Trump was elected. The Democrats and their media sycophants need the market to falter. With the large group of economic dunces they’ve fielded for 2020, none have presented anything even resembling a coherent policy aside from "Donald Trump is the devil and if you don’t vote for me all your children will die". So a poor economy is their best bet for winning the election and they will do whatever it takes to win regardless of whose lives they disrupt or destroy.
As little refresher, here are just a few examples I pulled up of the times the Democrat media claimed we were heading into a recession:
~ Thank You MJA@IOTWReport for the Linkage! ~