Trump Stock Rally Spooks Liberals | Power Line

No one knows what the future holds for the stock market, but the spike in consumer confidence is significant in a couple of respects.

First, the press tried to hype the anemic recovery of the Obama years, but the public knows better. The U.S. economy has been stagnant for years, and many people expect different policies to bring better results, while hardly anyone (other than Paul Krugman) expects the opposite.

Second, it is remarkable how little impact the press’s war against Donald Trump has had. Reporters and editors have told us relentlessly that Trump is as dumb as Ronald Reagan and as evil as Richard Nixon, but people aren’t buying it any more today than they did on November 8. Less so, in fact.

When is the press going to realize they showed up to a gun fight with a water pistol? They’ve been neutered and don’t have a clue. More importantly, I guarantee you that when they start to figure it out, they’ll blame Trump instead of looking in the mirror.

Taking a step or two back, being able to admit one made a mistake is a talent that has long been lost. In fact, it was lost many years ago when I practiced engineering. I’m sure it’s been lost longer than that in journalism.

>