Baghdad Bob Blushes

Claim Chowder

Shouty Larry Kudlow shouts

Courtesy of Tiger Beat on the Potomac (thanks Charlie!) morning email thingie, Always-Wrong Larry Kudlow orders some Claim Chowder:

CLIP AND SAVE … LARRY KUDLOW in the White House on Wednesday: “The Congressional Budget Office has just redone its estimates. And after a rough — a predictably rough pandemic contraction in the second quarter, they’re looking for a 21 and a half percent growth rate, sir, in the third quarter. … Which would actually, if it came true, would be the biggest growth quarter in American history, or since the data were compiled.”

Thumbtack that one to the bulletin board, Scissorheads.

The W$J disagrees:

Behind Bond Market’s Stall, Investors See Hard Times Ahead

“Yields on U.S. government bonds have stalled near all-time lows, a sign that investors are anticipating a difficult economic recovery and years of aggressive monetary stimulus. For much of the past month and a half, the yield on the benchmark 10-year U.S. Treasury note has hovered around two-thirds of a percentage point—a shade above its all-time low of around 0.5% set in March.

“Taken together, the low level of the 10-year yield and its stability suggest that bond investors not only hold a dreary economic outlook but also are unusually confident in that perspective, a contrast with the optimism that has carried stocks to their highest levels since early March.”

So we got that working for us. We’re totally eff’ed in the dark.

This entry was posted in Claim Chowder, Larry Kudlow, The Baghdad Bob of Economics, The Miracle of the Trump Economy. Bookmark the permalink.

8 Responses to Baghdad Bob Blushes

  1. osirisopto says:

    Call the secret service. He’s trying to kill the MHSG by causing a drastic and extended loss of blood flow to his brain.

    That must have made his mushroom the size of a walnut.

    Liked by 3 people

  2. donnah says:

    This White House and all its Trumpers will say whatever they want to. They will boldly lie and dare anyone to contradict them. Give proof against whatever they’re lying about, and they will backtrack, change the subject, or pile on more lies. They are gaslighting masters. They believe they can change facts by sheer force of will.

    We have to keep fighting back against this garbage. .it will literally kill us.

    Liked by 2 people

  3. roket says:

    “[T]hey’re looking for a 21 and a half percent growth rate, sir, in the third quarter.

    Larry Kudlow eats peyote buttons and his mother wore combat boots too.

    Liked by 3 people

  4. YellowDog says:

    Kudlow is an economist like I am a ballerina.

    Liked by 3 people

  5. Bruce388 says:

    This idiot used to do cocaine, right? I’m guessing he still enjoys the powder.

    Liked by 1 person

    • laura says:

      Mountains of cocaine a week. 10’s of thousands of Ameros per week. Lots of cocaine went up Larry’s nose. So. Many. Cocaines.
      And that is why Larry is trump’s economics czar. He’s the best people trump could hire.

      Liked by 1 person

  6. I continue to be increasingly dismayed for our collective future. I quit using alcohol nearly fifty years ago. I want to be comfortably numb again. A Teddy bear and a blanket are all I got!

    Liked by 1 person

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