Turns out Trump didn’t ruin America’s economy | New York Post
Description: Foreign tourism to New York City is set to rise 3.6 percent this year — defying yet another of the many doomsday predictions about Donald Trump’s...
Date: 2017-11-12T03:06:33+00:00

Thanks for contacting us. We've received your submission.

Back to Reading

- Sign in

### Share this:

- Facebook
- Twitter
- Google
- Facebook Messenger
- WhatsApp
- Email
- Copy

Opinion

editorial

### Share this:

- Facebook
- Twitter
- Google
- Facebook Messenger
- WhatsApp
- Email
- Copy

# Turns out Trump didn’t ruin America’s economy

By Post Editorial Board

- View author archive
- Get author RSS feed

Name(required)
Email(required)
Comment(required)

November 11, 2017 | 10:06pm | Updated November 11, 2017 | 10:06pm

Modal Trigger
REUTERS

Foreign tourism to New York City is set to rise 3.6 percent this year — defying yet another of the many doomsday predictions about Donald Trump’s presidency.

Back in February, the city tourism agency said Trump’s “travel ban and related rhetoric” would mean a drop of 300,000 visitors this year. But the NYC & Co. prophecy proved false.

#### see also

### The 'Trump slump' predictions that never came to be

It was the Trump slump that never was. Critics sobbed...
Of course, other predictions were more dire — particularly those about the stock market.

Finance expert Steve Rattner foresaw “a market crash of historic proportions” under a President Trump. Moody’s warned of a “weaker” economy. Many said 2 percent GDP growth was the best that could be hoped for.

Other doomsayers included Mark Cuban, CNBC’s Andrew Ross Sorkin and firms such as Bridgewater Associates and Macroeconomic Advisers. (A less-dishonorable mention goes to Nobel-winning economist Paul Krugman, who at least walked back his doomsaying about “a global recession, with no end in sight,” soon after election night.)

In fact, the Dow has climbed more than 25 percent since Hillary Clinton conceded. And the first two full quarters of Trump’s term both saw growth of 3 percent or more. Oops.

More recently, Trump’s cutbacks of money to help folks sign up for ObamaCare brought warnings that enrollment would surely plummet. Hah! Over the first few days of open enrollment this year, a record number of people signed up, The Hill reported Tuesday.

The first day alone saw 200,000 sign-ups, twice last year’s number, and more than 1 million visited healthcare.gov, versus 750,000 in 2016.

As for all the noise about fascism and tyranny: Trump has scrupulously obeyed the law, even as judges came up with unprecedented legal theories to strike down his “travel ban” executive orders.

None of this guarantees that the markets won’t turn south eventually, or that ObamaCare won’t run into the rocks. But it does tell you that talk of Trump-fueled armageddon is partisan hysteria, unhinged from reality.

### Share this:

- Facebook
- Twitter
- Google
- Facebook Messenger
- WhatsApp
- Email
- Copy

Filed under donald trump , editorial , new york city , tourism

### Share this article:

### Share this:

- Facebook
- Twitter
- Google
- Facebook Messenger
- WhatsApp
- Email
- Copy

Read Next

The hypocrisy of Bono and his 'One' charity

Read Next

The hypocrisy of Bono and his 'One' charity

Share Selection

#### More Stories

#### page six

##### Gal Gadot will only be 'Wonder Woman' again if Brett Ratner is out

####

#### Now On

Decider

##### Rosie O’Donnell on Trump: “I Told the Truth About Him 10 Years Ago”

#### nypost

##### How the ex-DNC chair ruined Clinton's chance at 2020

Send to Email Address Your Name Your Email Address
Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.
click to copy