Economist schools Trump: Cheap oil lower GDP

[Yosemito]

Trump recently thanked Saudi Arabia, which he sees as being key in lowering oil prices.
But as Ian Shepherdson (Chief economist in Pantheon Macroeconomics) noted, this is actually not a good thing:

Link to tweet

?s=21

Trump's comment seemed aimed at justifying not punishing the Saudi Prince for disbembering a journalist.

[Roland99]

1. Marketwatch was pimping this idea today too. Fracking is BAD

They forget that part

Not to mention, what other variables are we seeing now? Corp profits skyrocketing but exec pay vs worker pay gap is widening daily. Dollar getting stronger weakens our exports too

[Yosemito]

3. Trump just wants to justify being Prince Mohammed's bitch

He wants people to think that cheap oil justifies dismembering journalists.

[Turbineguy]

2. Trump's supporters

wouldn't be caught dead in an economic class.

[Cirque du So-What]

4. You can't 'school' that clod

As a wise man told me decades ago, 'them dumb fuckers never learn!'

[brush]

5. And they're proud of it.