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Peter Navarro predicts ‘a boom year in 2020 for the American Economy’

Posted on 12/26/19 at 11:05 am
Posted by Major Dutch Schaefer
Location: Classified
Member since Nov 2011
38144 posts
Posted on 12/26/19 at 11:05 am
Landslide reelection of Trump if this occurs.

LINK

quote:

Were going to set a really good foundation on that deal and then that’s one of four other deals. We’ve got Japan, South Korea, Canada, Mexico, and the USMCA. Brian, that’s over 60 percent of total trade,” Navarro told Kilmeade.

He continued, “It’s gonna be a boom year in 2020 for the American economy. I’m looking at growth closer to three percent to two percent. I’m looking at the Dow well over 30,000, I predicted that several months ago that if we got USMCA and interest rates down then we’d get over 30,000. It’s gonna be a great year for America.”
Posted by Champs
"Platinum Member"
Member since Feb 2008
12415 posts
Posted on 12/26/19 at 11:05 am to
but orange man bad
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57852 posts
Posted on 12/26/19 at 11:06 am to
Kruger in to downplay in 3... 2...
Posted by The Maj
Member since Sep 2016
30543 posts
Posted on 12/26/19 at 11:06 am to
Shite just ain't fair, damn it!!!!

Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93156 posts
Posted on 12/26/19 at 11:10 am to
90proof will be here shortly to salt this
Posted by 4LSU2
Member since Dec 2009
37930 posts
Posted on 12/26/19 at 11:13 am to
quote:

I’m looking at the Dow well over 30,000,


Orange

Man

Bad


Posted by thetempleowl
dallas, tx
Member since Jul 2008
15908 posts
Posted on 12/26/19 at 11:15 am to
Trump prices normal people out of the stock market!

Trump, caving to Rich people, price poor people out of the stock market!

Trump's stock market only for the rich!

Seeing these headlines coming from MSM...
Posted by Rammin TX
DFW Texas
Member since Oct 2018
1736 posts
Posted on 12/26/19 at 11:15 am to
I hope he is right

Navarro has no idea what the economy is going to do in 2020
Posted by BobBoucher
Member since Jan 2008
18495 posts
Posted on 12/26/19 at 11:16 am to
quote:

Kruger in to downplay in 3... 2...


I just visited his twitter to see how he’s handling all the success.

He’s basically saying the it’s still Obama’s economy because investment hasn’t increased and government spending is the driving force of the economy just as it was under Obama.

He needs to surrender that Nobel.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 12/26/19 at 11:25 am to
Navarro is a failed democrat with a very lackluster list of accomplishments as an economist.

He literally got his job with Trump because Kushner read his book.

We may return to 3% growth that we had before the trade war. So what? We may have inflation that high before the end of the year 2020. How about some 4% growth???

Isn't ironic how they lower the bar and scream "winning"? We had 3% growth in 2017.
Posted by Major Dutch Schaefer
Location: Classified
Member since Nov 2011
38144 posts
Posted on 12/26/19 at 11:27 am to
quote:

Isn't ironic how they lower the bar and scream "winning"? We had 3% growth in 2017.


My 401K is winning BIGLY since the election of Trump.
Posted by Errerrerrwere
Member since Aug 2015
42220 posts
Posted on 12/26/19 at 11:27 am to
There he is...pissing all over the parade.
Posted by BobBoucher
Member since Jan 2008
18495 posts
Posted on 12/26/19 at 11:31 am to
quote:

I B Freeman


Do you realize how you look spouting doom and gloom with the economy in the best shape in the history of this country?

Have you no self awareness?
Posted by tketaco
Sunnyside, Houston
Member since Jan 2010
21484 posts
Posted on 12/26/19 at 11:39 am to
He just can't keep winning like this!!!
Posted by Powerman
Member since Jan 2004
170583 posts
Posted on 12/26/19 at 11:41 am to
quote:


Isn't ironic how they lower the bar and scream "winning"? We had 3% growth in 2017.


The fact that the economy continues to improve under his tenure despite already being pretty strong is nothing to scoff at

And if 2020 is strong there is a 100% chance of him winning the election
Posted by Bass Tiger
Member since Oct 2014
53644 posts
Posted on 12/26/19 at 11:47 am to
quote:

I just visited his twitter to see how he’s handling all the success. He’s basically saying the it’s still Obama’s economy because investment hasn’t increased and government spending is the driving force of the economy just as it was under Obama. He needs to surrender that Nobel.


Krugman, Friedman and Rattner were all predicting the economy would suffer after Trump was elected POTUS...........they should be ignored.
Posted by Powerman
Member since Jan 2004
170583 posts
Posted on 12/26/19 at 11:55 am to
Pretty much all economists should be ignored to some degree

quote:

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.
Posted by trinidadtiger
Member since Jun 2017
18664 posts
Posted on 12/26/19 at 2:06 pm to
Bet it will be closer to 3%. Boeing will be fixed, the aforementioned trade deals, and A LOT of capital cash sitting on the sidelines waiting for those deals to be done before its invested.

Not because Navarro said it but because Lighthizer did. He is very impressive.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 12/26/19 at 2:16 pm to
quote:

We had 3% growth in 2017.

no
Posted by DyeHardDylan
Member since Nov 2011
9123 posts
Posted on 12/26/19 at 2:34 pm to
I’m as pro-Trump as anyone, but Peter Navarro is a charlatan
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