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Wiz Imp

(5,407 posts)
12. He's lying again. There is not a single person on Wall Street saying we're gonna have the greatest economy in history.
Sat May 3, 2025, 12:57 PM
May 3

Not a single one. From The April 2025 Wall Street Journal Economic Forecast Survey:

As seen in the “Recession Probability” section, the average response as to whether the economy will be in a recession within the next 12 months was 45%. The individual estimates, of those who responded, ranged from 1% to 99%. For reference, the average response in January’s survey [the previously published survey] was 22%.


Notice not a single person in the survey was willing to bet there would definitely not be a recession this year.

Economic Forecasts
The current average forecasts among economists polled include the following:

GDP:
full-year 2025: .78%

full-year 2026: 1.83%

full-year 2027: 2.12%


Those are terrible forecasts.

In 2024, the U.S. economy saw a GDP growth rate of 2.8%, a slight decrease from the 2.9% growth in 2023.


The next 3 years forecast are way below actual GDP growth for the past 2 years and Trump claims that people are saying it will be the greatest economy in history? Beyond delusional. It's insanity. And it's a clear lie that there are Wall Street people who agree with trump.

https://www.economicgreenfield.com/2025/04/13/the-april-2025-wall-street-journal-economic-forecast-survey/

Recommendations

1 members have recommended this reply (displayed in chronological order):

LOL. the stabel jenius and his "short-term recession" that "some people" say things about PSPS May 3 #1
Hope it's hugely Trump. The only way people will wake up to this NAZI........ Bengus81 May 3 #2
Some People Say Falcon101 May 3 #3
Welker did a great job sane-washing and feeding him answers. yardwork May 3 #4
Welker is worse than Chuck Todd. -nt CrispyQ May 3 #5
I reinvested heavily Littlered May 3 #6
How Rebl2 May 3 #7
He doesn't care because tariff money, and their will be lots is going to the US treasury...an account that PortTack May 3 #9
Make money on the way down, make money on the way up. BadgerKid May 3 #11
OK for him, but screw the rest of us IronLionZion May 3 #8
Things in Germany "got worse before they got better" usonian May 3 #10
He's lying again. There is not a single person on Wall Street saying we're gonna have the greatest economy in history. Wiz Imp May 3 #12
Not to mention that the first estimate of Q1 GDP was a *NEGATIVE* 0.3% annualized growth rate. progree May 3 #16
The Big Man talking big. He has already made significant changes to his tariff attack because of the market response. Martin68 May 3 #13
Have you noticed that each and every time he speaks now Javaman May 3 #14
"Mr. Day One" EndlessWire May 4 #22
Even the much touted Friday jobs report of 177k more jobs was really just a 119k gain compared to the previous (April 4) progree May 3 #15
Yeah that revision of last month's BumRushDaShow May 3 #17
Here's the rolling 3 months average of the headline payroll jobs numbers progree May 4 #20
The USA literally just had the best economy 4 months ago. Ursus Rex May 3 #18
Gaslighting dickhead, not what he said to get elected. Stock market, everything was gonna be great, day one. OverBurn May 3 #19
Of course, it's going to be OK with him. He won't have to worry about how to pay his rent/mortgage payment/medical raccoon May 4 #21
Latest Discussions»Latest Breaking News»'Uh, Yeah': Trump Says It...»Reply #12