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The Economists Got 2025 All Wrong

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Well, Donald Trump has done it again!

He stumped the chumps. The "chumps" in this case were the "blue-chip" academic and financial economists whose consensus forecast this time last year was of high inflation and low economic growth. Wrong on both counts.

As you've probably heard, the GDP growth for Q3 came in at a red-hot 4.3 percent, following 3.5 percent for the second quarter. Some 90 percent of professional economists got it wrong — all underestimating the strength of the Trump economy. QED: These weren't random errors. These were "hate Trump" errors.

They also predicted inflation of above 3 percent for 2025. It's going to come in at closer to 2.7 percent, with the last two months trending down to the Fed inflation target of 2 percent.

Starting in the second quarter, GDP has been nearly twice as high as predicted.

To........

© Townhall