A CNN analyst from Moody’s Analytics has updated a previous prediction about a recession in 2020, kicking the prediction can a little farther down the road. How far? That’s anybody’s guess:
While recession in 2020 has become less likely, recession early in the next decade remains a serious threat, writes Mark Zandi, chief economist of Moody's Analytics, for @CNNBusiness Perspectives https://t.co/7WPv7peDjr
— CNN (@CNN) December 26, 2019
First of all, there seems to be a buried lede:
So… you're saying the economy is fantastic. Got it. https://t.co/e0iPt1nPcI
— 🇺🇸🎄 Lisa Merry Christmas McMerica🍀🎄🇺🇸 (@LisaMcGov) December 26, 2019
This is as close as CNN is going to get to acknowledging the current boom. https://t.co/Aaubfaml7G
— NewsBusters (@newsbusters) December 26, 2019
CNN’s framing of that story seemed to be designed with 2020 Democrats in mind:
Right guys? https://t.co/ctM2GtOyLn
— Fusilli Spock (@awstar11) December 26, 2019
Could be true. Unfortunately the fake news media has bombarded us with stories of doom and gloom since Trump was elected that we won't heed any credible warnings.
— Nick See You On Parler (@retrover16) December 26, 2019
In other words, keep hope alive, Democrats.
— Mattphilbin (@Mattphilbin) December 26, 2019
Zandi has been predicting a recession since before Trump was elected.
He’s been wrong for 4 years now. Eventually he’s gotta get one right, doesn’t he? https://t.co/zeATGG3WgW
— Pepé le Putin, Not A Russian Bot (@MyronGaines17) December 26, 2019
CNN rooting for recession again
— Bryan Greenway (@bgreenway) December 26, 2019
So the prediction is pretty much this:
“I was wrong but I will eventually be right!”
— Juan E. Namillion (@a_million_2_1) December 26, 2019
Translation: chief economist got it wrong, but will keep repeating the same mistakes until he gets it right, eventually. https://t.co/bCUJwm7Jy4
— By the numbers 📊📈🌲🕎🎅🏻 (@TheRealFixNow) December 26, 2019
That’s some kind of prediction!
Really going out on a limb there pic.twitter.com/7j8GF4jc0j
— jeff messantonio (@jmess78) December 26, 2019