Tuesday, September 27, 2016

Mike Klonsky's SmallTalk Blog: TRUMP'S 7 DEBATE 'BELIEVE ME's. I don't.

Mike Klonsky's SmallTalk Blog: TRUMP'S 7 DEBATE 'BELIEVE ME's. I don't.:

 TRUMP'S 7 DEBATE 'BELIEVE ME's. I don't.

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Trump's favorite expression is, "believe me". It's almost like he's begging his audience to buy-in to his often outrageous statements as a matter of faith. In last night's debate he told us to believe him a total of seven times. That's seven shots if you were using the phrase in your drinking game. Let's see if we should have believed him.

Believe Me#1...


Now, look, we have the worst revival of an economy since the Great Depression. And believe me: We’re in a bubble right now. And the only thing that looks good is the stock market, but if you raise interest rates even a little bit, that’s going to come crashing down.
No, I don't believe you. First of all, what's the rating scale based on? Secondly, you are running on the Republican ticket. You know, the party who's economic policies caused the world global economic collapse since the Great Depression. For you to then turn around and criticize the pace of the recovery is unbelievable. 

Believe Me #2... 

 And believe me: The day Obama goes off, and he leaves, and goes out to the golf course for the rest of his life to play golf, when they raise interest rates, you’re going to see some very bad things happen, because the Fed is not doing their job. The Fed is being more political than Secretary Clinton.
No, I'm not believing this one either. What does Obama playing golf have to do with the Fed raising interest rates? The Fed did raise interest rates slightly (a quarter point) last year. It Mike Klonsky's SmallTalk Blog: TRUMP'S 7 DEBATE 'BELIEVE ME's. I don't.:



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