Samuelson: The specter hanging over Clinton: a recession

Suppose you are advising Hillary Clinton, now the presumptive Democratic nominee for president. What worries you? Well, probably the stubbornness of Bernie Sanders, who won’t admit he’s lost. And, of course, the unpredictability of Donald Trump, whose outlandish pronouncements defy conventional political wisdom. But what really ought to frighten you is the government’s latest employment report. It raises a fearful specter: recession.
Read more at the Richmond Times-Dispatch Read More......

The bizarre optimism in Donald Trump’s theory of the economy

"I think we’re sitting on an economic bubble. A financial bubble... We’re not at 5 percent unemployment. We’re at a number that’s probably into the 20s if you look at the real number. That was a number that was devised, statistically devised to make politicians – and in particular presidents – look good. And I wouldn’t be getting the kind of massive crowds that I’m getting if the number was a real number."
Read more at the Washington Post Read More......

Faber: I'd vote for Trump because 'Hillary Clinton will destroy the whole world'

Marc Faber, author of the Gloom, Boom & Doom Report, has thrown down the gauntlet on who he thinks should be the next president of the United States. During an interview on Bloomberg TV, Faber said that the U.S. would not be a sound, well-run economy like Singapore "unless of course the U.S. is run by Mr. Trump, then the U.S. will improve."
Read more at Yahoo News Read More......

Bill Clinton’s damning indictment of Obamanomics

Bill Clinton flew to New Hampshire and unsealed an indictment against Obama's economy. Campaigning in Exeter, Hillary's "secret weapon" told Granite State voters Monday, "I think this election is about restoring broadly shared prosperity, rebuilding the middle class, giving kids the American Dream back."

Read more at the New York Post
(Hat tip: KimR) Read More......