This headline article from the New York Post caught our attention because it has the familiar ring of “51 former intelligence heads” in the 2020 election.
Previously, the stacking of experts to create disinformation was used to hide the truth within the Hunter Biden laptop, which was evidence of Joe Biden’s pay-to-play schemes. Now, the “experts” are stacked to claim Joe Biden’s economic policy is better than Donald Trump’s.
[Source]
I will ignore the article’s Freudian optic of the economist speaking at the globalist WEF event, and instead focus on the facts. We have an actual track record of President Trump’s MAGAnomic policies to review. We heard the insufferable “inflation created by tariff” arguments back in 2017; they were all false.
Wall Street loves to shout about looming damage that will come if anyone reverses the “service driven economy” policies they rely upon. However, none of their hair on fire arguments ever materialize, because they are not accurate. These economists are politically motivated in their claims.
See below for real data on the outcomes of MAGAnomic policy as delivered in Trump’s first term.
This might be the cited data you want to bookmark for later reference.
Traditional Fascism was defined as an authoritarian government working hand-in-glove with corporations to achieve totalitarian objectives. A centralized autocratic government, headed by a dictatorial leader, using severe economic and social regimentation, and forcible suppression of opposition.
That governmental system didn’t work in the long-term, because the underlying principles driving free people rejected government authoritarianism. Fascist governments collapsed, and the corporate beneficiaries were nulled and scorned. Then along came a new approach to achieve the same objective.
The World Economic Forum (WEF) was created to use the same fundamental associations of government and corporations. Only this time the corporations organized to tell the governments what to do. The WEF was organized for multinational corporations to assemble and tell the various governments how to cooperate to achieve control.
Fascism is still the underlying premise, the WEF just flipped the internal dynamic.
The assembly of the massive multinational corporations, banks and finance offices now summon the government leaders to come to their assembly and receive their instructions. Some have called this corporatism. However, the relationship between government and multinationals is just fascism essentially reversed with the government doing what the corporations tell them to do.
…A massive multinational corporate conglomerate; telling a centralized autocratic government leader what to do; and using severe economic and social regimentation as a control mechanism; combined with forcible suppression of opposition by both the corporations and government.
This was our reality until we finally broke the glass, hit the emergency STOP button and elected Donald Trump.
It was the Fourth Quarter of 2019…..
Right before the pandemic would hit a few months later, despite two years of doomsayer predictions from Wall Street’s professional punditry, all of them said Trump’s 2017 steel and aluminum tariffs on China, Canada and the EU would create massive inflation – it just wasn’t happening!
Overall, year-over-year inflation was hovering around 1.7 percent [Table-A BLS]; yup, that was our inflation rate. The rate in the latter half of 2019 was firmed up with less month-over-month fluctuation, and the rate basically remained consistent. [See Below] The U.S. economy was on a smooth glide path, strong, stable, and Main Street was growing with MAGAnomics at work.

A couple of important points. First, unleashing the energy sector to drive down overall costs to consumers, and industry outputs was a key part of President Trump’s America First MAGAnomic initiative. Lower energy prices help the worker economy, middle class and average American more than any other sector.
Which brings us to the second important point. Notice how food prices had very low year-over-year inflation – 0.5 percent. That is a combination of two key issues: low energy costs, and the fracturing of Big Ag’s hold on the farm production and the export dynamic:
(BLS) […] The index for food at home declined for the third month in a row, falling 0.2 percent. The index for meats, poultry, fish, and eggs decreased 0.7 percent in August as the index for eggs fell 2.6 percent. The index for fruits and vegetables, which rose in July, fell 0.5 percent in August; the index for fresh fruits declined 1.4 percent, but the index for fresh vegetables rose 0.4 percent. The index for cereals and bakery products fell 0.3 percent in August after rising 0.3 percent in July. (link)
For the previous twenty years, food prices had been increasingly controlled by Big Ag, and not by normal supply and demand. The commodity market became a ‘controlled market’. U.S. food outputs (farm production) was controlled and exported to keep the U.S. consumer paying optimal prices.
President Trump’s trade reset was disrupting this process. As farm products were less exported, the cost of the food in our supermarket became reconnected to a ‘more normal’ supply and demand cycle. Food prices dropped, and our pantry costs were lowered.
The Commerce Dept. then announced that retail sales climbed by 0.4 percent in August 2019, twice as high as the 0.2 percent analysts had predicted. The result highlighted retail sales strength of more than 4 percent year-over-year. These excellent results came on the heels of blowout data in July, when households boosted purchases of cars and clothing.
The better-than-expected number stemmed largely from a 1.8 percent jump in spending vehicles. Online sales, meanwhile, also continued to climb, rising 1.6 percent. That’s similar to July 2019, when Amazon held its two-day blowout Prime Day sale. (link)
Despite the efforts to remove and impeach President Trump, it did not look like middle class America was overly concerned about the noise coming from the pundits. Likely that’s because blue collar wages were higher, Main Street inflation was lower, and overall consumer confidence was strong. Yes, MAGAnomics was working.
Additionally, remember all those MSM hours and newspaper column inches where the professional financial pundits were claiming Trump’s tariffs were going to cause massive increases in prices of consumer goods?
Well, exactly the opposite happened [BLS report] Import prices were continuing to drop:
This was a really interesting dynamic that no one in the professional punditry would dare explain.
Donald Trump’s tariffs were targeted to specific sectors of imported products. [Steel, Aluminum, and a host of smaller sectors etc.] However, when the EU and China responded by devaluing their currency, that approach hit all products imported, not just the tariff goods.
Because the EU and China were driving up the value of the dollar, everything we were importing became cheaper. Not just imports from Europe and China, but actually imports from everywhere. All imports were entering the U.S. at substantially lower prices.
This meant when we imported products, we were also importing deflation.
This price result is exactly the opposite of what the economic experts and Wall Street pundits predicted back in 2017 and 2018 when they were pushing the rapid price increase narrative.
Because all the export dependent economies were reacting with such urgency to retain their access to the U.S. market, aggregate import prices were actually lower than they were when the Trump tariffs began:
[…] Prices for imports from China edged down 0.1 percent in August following decreases of 0.2 percent in both July and June. Import prices from China have not advanced on a monthly basis since ticking up 0.1 percent in May 2018. The price index for imports from China fell 1.6 percent for the year ended in August.
[…] Import prices from the European Union fell 0.2 percent in August and 0.3 percent over the past 12 months.
So yes, we know President Trump can save Social Security and Medicare by expanding the economy with his America First economic policy. We do not need to guess if it is possible or listen to pundits theorize about his approach being some random ‘catch phrase’ disconnected from reality. Yes folks, we have the receipts.
This was MAGAnomics at work, and this is entirely what created the middle class MAGA coalition. No other Republican candidate has this economic policy in their outlook, because all other candidates are purchased by the Wall Street multinationals.
America First MAGAnomics is unique to President Trump, because he is the only one independent enough to implement them.
That’s just the reality of the situation. They hate him for it…
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I suppose that if I actually cared enough about what these 16 economists said, I’d go back and see what their 2020 economic predictions were for a Biden administration and how correct they were.
But alas, I really don’t care, do you? (Hat tip to Melania Trump)
The good news is that the printed circulation of the NYT is abysmal, with less than 300,000 daily copies. I was not able to find an accurate number for the “online” subscribers, and does anyone know if that number is available? LOL, online references compared the digital website visits as better than WAPO. Did the NYT publish the garbage from the “51” “intelligence operatives and later retract that junk? Well, “16 economists signed a letter”….. and that is supposed to be credible?
IMESHI, the NYT clowns step into “IT” again…
This is actually the New York Post.
Which is owned by Jeff Bezos{Amazon],I believe.
No, he owns the Washington Post 😉
The two key words for almost any current political discussion is “owns” or “owned.”
Either one is a problem for the rest of us.
Who is it that “owns” someone or something?
OR
Who exactly is “owned” by whom?
The game is called Connect the Dots.
We need charts!
News Corp. “Rupert Murdoch” owns the New York Post
Owned by the Murdochs – who recently published their Fox poll that shows Biden edging ahead of Trump, lol
Rupert Murdoch News Corp owns it .
Which is a ‘litter bit’ better than the NYT, but a whole lot better than the Kentucky Turtle found on top of a fence post!
<grins>
Thank you for correcting me! My response about the NYT is a result of “conditioned reflex”! I apologize for the “misinformation”, based upon the failure to properly read the article. This time I apologize for bashing the NYT.
Laurene Powell Jobs put NYT flunkies to work at the Atlantic after she bought it.
The Emerson Collective wants to buy the New York Slimes if it’s for sale.
https://money.cnn.com/2017/07/28/media/the-atlantic-laurene-powell-jobs/index.html
The transformation of the New York Times into an official arm of the woke movement’s boutique radicalism—with anonymous petitions crying “pain” replacing the reasoned protest of identifiable individuals—is a recent development.
https://www.city-journal.org/article/the-paranoid-style-in-progressive-politics
I could ask eight group home residents or sheltered workshop workers and get more economic clarity from them than these pompous, preening Nobel-prize winning asses could ever deliver.
Right! If all these “esteemed” and award-winning economists were any good at all; then why are we at $33 TRILLION in debt and still in a nosedive? Wanna buy some commercial real estate? Want your Student Loans paid off? Those dots ARE connected!
Couldn’t they come up with 35 more economists to make it a little easier for Joe? As it is, I think he will get confusilated with “Nobel Prize-winning economists” instead of “intelligence officials” . . . maybe they are setting this up so he will get big points for getting some or all of this right!
A triple-scoop of ice cream for Joe!
So much for ‘experts’; in this case “Nobel Prize winners” – Nothing has changed.
All liberal media factories literally spit out this so-called “news” verbatim (as always).
ALL sixteen are Nobel prize-winning economists.
Well, as the saying goes “50 million Frenchmen can’t be wrong”. This is the closest thought that came to mind, though the gist and cause is different. This is NOT a denigration of Frenchmen. In fact, the song is based on why do the French get so much flak for resisting globalization when they aren’t resisting it any more than other countries, including the United States.
The letter on Tuesday warns that the U.S. and world economy will suffer if Republican presidential candidate Donald Trump wins the U.S. presidential election in November.
: FIFTY MILLION FRENCHMEN CAN’T BE WRONG
: by Rose, Raskin, & Fisher
: as sung by Sophie Tucker, performing with the Ted Lewis Band, recorded a song with that title in 1927
: They say the French are naughty
: They say the French are bad
: They all declare that over there, the French are going mad.
: They have a reputation of being very gay
: I just got back from Paris, and I just want to say:
: When they go parley-vee and parley-vou,
: This for me, zat for you,
: Fifty million Frenchmen can’t be wrong.
: When they go Ohh la la la la la la la
: On the bully boulevard
: Fifty million Frenchmen can’t be wrong.
: They shake-a the hand
: They shake-a the feet
: They roll ze eyes and kiss cafe right on the street
: Even though the Irish and the Dutch
: Say it don’t amount to much
: Fifty million Frenchmen can’t be wrong.
: Fifty Million Frenchmen Can’t Be Wrong 4-27-1927 New York, New York Columbia
: Ted Lewis Band
Who are they?
Signed,
George A. Akerlof (2001)
Sir Angus Deaton (2015)
Claudia Goldin (2023)
Sir Oliver Hart (2016)
Eric S. Maskin (2007)
Daniel L. McFadden (2000)
Paul R. Milgrom (2020)
Roger B. Myerson (2007)
Edmund S. Phelps (2006)
Paul M. Romer (2018)
Alvin E. Roth (2012)
William F. Sharpe (1990)
Robert J. Shiller (2013)
Christopher A. Sims (2011)
Joseph E. Stiglitz (2001)
Robert B. Wilson (2020)
Ignorant idiots, all of them.
Never heard from one of them….so…just how famous are they?
Wikipaedia and many business sites and papers has articles on them; naturally a large part is due the Nobel Prize association. Each one of them readily searchable and takes much reading to glean how solid their economic savvy stand.
BTW, Janet Yellen is married to George A. Akerlof. That says a lot.
For your amusement –
Such a fun piece. I didn’t post the other lyrics. Thank you;-)
Sundance – You should amend this to include steel and aluminum prices after tariffs. They went down.
1/2 of this country knows that our government lies to our faces daily. 1/2 of this country no longer watches the MSM. The other 1/2 are completely brainwashed and have their minds glued to Netflix or Dancing with the Stars, Housewives, etc. It’s the dumbing down of the American population. We will not survive like this.
64% of the electorate thinks it is likely US intel agencies are influencing political news.
79% of Republicans and 61% of Independents.
Even 52% of DEMOCRATS.
Did they have tea & crumpets & gaze at the moon with 51 former/current intel officials?
Seriously, they said the same thing last time & as always, they were wrong.
Even with COVID, Trump spent trillions less than Biden during his presidency
The Great Divider was given the Nobel Peace Prize for, well, solely for propaganda purposes. Who’s to say these 15 “economists” don’t fall into the same category?
Is Paul Krugman one of the 16? Wouldn’t surprise me in the least.
Krugman the Clown Prince of Economics
Another great article, Sundance. Unfortunately, much more of this lying self serving bullshit is coming.
Biden’s economic policy.
Inflation will destroy the Low, Middle and Upper Class.
Federal Reserve electronically prints money out of thin air.
The Dollar will no longer be the ‘World’s Reserve Currency’.
That group can’t point to a Biden policy that has been economically beneficial to any American paying taxes.
Nobel prize in economics was not original in Nobel’s will. There was economics in his day. As he was a true scientist, perhaps the omission is due to his opinion of economists.
I will keep stacking and ignoring the 🤡
Sort of reminds one of the 51 intelligence officials telling us Hinter Bidens laptop was very likely Russian propaganda, These guys track record has been nothing to crow about.
The comments under the New York Post article are funny. They get it.
It’s reprinted from Reuters.
If you can’t decide if you’re for Trump or …
you know…
the Thing(blob)…
Then you’re just…
‘Deplorable’
Trust God. Fear not.
All the “experts” said the stock market was going to crash big time if Trump won in 2016. 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
“Nobel Prize winners”… there you have it… No need to read what they might have to say.
What, they could only find 16 “experts” to lie to the American people, not 51? Weak.
CUT THE CORD
After the whole 51 intelligence officers signing the Hunter letter i don;t think many
people will fall for 16 economists sign a letter. they need to come up with a
new tactic that one got old..
Intellectual yet idiots.
Why does anyone still listen to them on matters of importance when their track record is of being completely wrong?
Reference Paul Krugman.
The Nobel prize means something?
that is just a participation trophy they give out to any clown !
Only President in my 6 decades who ever gave me a rate cut in utilities and a REFUND of almost a month and a half during the hard winter months. EVER!
Regulated Utility Companies And Tax Cuts And Jobs Act
By TaxConnections Admin
15 Feb 2019
https://www.taxconnections.com/taxblog/regulated-utility-companies-and-tax-cuts-and-jobs-act/
The rest of them just made everything worse. MUCH WORSE.
Trump Corporate Tax Rate Cut Helped U.S.
By Rachel Loren
25 Jun 2024
https://www.atr.org/corporaterate/
Both of these articles contains scads of examples of how customers and employees all benefited by the 2017 Tax Cuts and Jobs Act.
If you think back and remember real hard, examples included, a whole lot of bonuses were given out to current employees too, because of this one Act. LOTS and LOTS and LOTS.
Didn’t the Kenyan get a Nobel prize? I forget. There were so many tokens given out.
Ahhh, 16 Economists? You mean like the 51 Intelligence Officials? This is just more of the DemoMarxist same old, same old!
They are looking at the economic interests of the OIL guys and the corporations.
The sad thing is people are going to believe it and be afraid to vote for Trump. They can’t afford groceries as it is.
I think Americans are wide awake to Biden spouting off of “ this many claim…”
I put more faith in what 30 Helen’s agree upon.
Does anyone know about General Smedley Butler? Fascism has been here for a long time
16 economists who say inflation is transitory until Trump is back in the White House.
Dems/Rinos is called trickle up, steal from the poor and middle class to make a**holes in the Government more and more wealthy.
“Now, the “experts” are stacked to claim Joe Biden’s economic policy is better than Donald Trump’s.”
Always accuse your enemy of what you, yourself, are guilty of.
Ya well, fifty-one ex-intel officers said that the Hunter Biden laptop was Russian disinformation.
Except they weren’t exes. Seems most of them were still on the gubt payroll.
These fake economists are like the fake 51 from 2020! I knew the dems were going to do the same thing!
I hope Trump has a rebuttal!!!
Corporatism. Worth looking into its historical past from back in the 30’s. These guys have been around a long time.
https://brownstone.org/articles/the-machinery-of-fascism-revisited/
So are these CLOWNS in the same category as the 51 former Intelligence Officials regarding the VERY REAL HUNTER BIDEN LAPTOP!!! 🥴
SPOILER: the 16 economists were born in 2018
A fact is a terrible thing and needs no “consensus”.
Einstein needed no consensus when he published E = MC2
A self evident CON anytime this perversion of logical thinking is trotted out of the barn
The guvermint is becoming the little boy who cries “wolf”……can you see it?
Do the exact opposite of what any of these idiots have to say and that is the right path.
Everything swamp is fraud especially “economist”.
16 more liars who don’t really know economics.
This reminds me of the 51 expert intelligence officials who claimed Hunter’s laptop was Russian disinformation. The playbook is so obvious with these people.
Ignore, ignore, ignore…
Sixteen economists right up there with 51 intelligence officials.
Yeah, right.
51 IC officers told us that Hunter’s laptop was Russian disinformation.
They should join with 50 who certified the laptop is “Russian” disinformation and sign a decree that they are the sole guardians of truth, justice and the American way…
This really insulting to the non Kool-Aid drinkers.
They must think we are in high school to believe this crap sandwich. Would 15 signers not be enough to make this useless trash not be believed?
The same inane play book over and over again.
Utter BS is what it is! THIS will cause massive food inflation. As soon as they cut off Russian fertilizer, a lot of people will starve.
“They” said the same things about Trump policies in 2016. Reality reflects the exact opposite. The “experts” are my contrarian indicators.