As usual with Mr. Black, this is a good article and worth clicking over.
Conrad Black:
“…The latest ploy of the anti-Trump media phalanx and their weekly echo chamber of assorted Democratic candidates and legislators, is to try to move the voter-approval needle by insisting an economic recession is about to occur. The problem is, it isn’t.
As weeks pass without a recession or even increasing objective statistical hints of a recession, the continued trumpeting of a recession becomes self-stifling. Not even the economically illiterate mouthpieces of CNN and MSNBC can keep a straight face for long predicting recession when there are no signs it is happening.
It is possible to convince those who want to be convinced that something happening completely in the dark, such as trade negotiations with China, is going badly. (They aren’t.) But is impossible to maintain a levitation of economic alarm when confidence remains high, employers are hiring rather than laying off workers, and economic growth, unemployment, and inflation numbers remain positive…
…The idea of a Trump presidency was so unthinkable there could not be a honeymoon because it could not be real; it could not have been a legitimate election. For more than two years we were waiting for the confirmation that Trump had worked with the Russian government to rig the election.
We now know that from the start the investigators knew that there had been no such collusion and almost two whole years were spent trying to provoke Trump into counter-attacking Special Counsel Robert Mueller’s operation so he could be accused of obstructing justice. Since the president cooperated with the inquiry even as he rightly denounced it as a hoax and a fraud, the best that could be done was an invitation to the House of Representatives to continue investigations so Democrats might keep the impeachment cloud over the president’s head…
…Inexorably, as special prosecutor John Durham’s indictments come down, the Democrats’ “insurance policy” against Trump (the Russian collusion canard as described by former FBI senior agent Peter Strzok) will become the Democrats’ suicide weapon…
…Russia was hastily followed by racism, topped out with attempts to hold Trump in some way responsible for the tragic shootings in El Paso and Dayton. Since Trump isn’t a racist, and neither of the two shooters professed any Trump role in forming their psychopathic opinions, that wheeze has died in the summer heat…
…Now we are on to a recession. This claim contains no more substance than the chimeras that preceded it. The straws in the wind that have been cited as the green shoots of economic calamity are far from dispositive, and carry much less weight than continuing solid performances in economic growth, inflation, absolute and per capita GDP growth, manufacturing jobs growth, shrinkage of minority unemployment, and purchasing power for working and lower middle class families. All of these numbers are coming in supportively for the administration…
…Under the circumstances, it will be hard for Democratic officials and media fear-mongering to win the psychological battle over the direct personal experience and observations of the voters.