RUTHFULLY YOURS

https://spectator.org/recession-headlines-in-search-of-a-story/

Recent breathless headlines of impending recession exposed the “experts” more than the economy. In attempting to see over the economic horizon, they appeared more to be seeking to see past this administration. The economy remains sound, even as attempts to discredit become less so.

On August 19, the Washington Post’s first sentence summed up their one-dimensional angle on the National Association for Business Economics’ August survey: “Most economists believe the United States will tip into recession by 2021, a new survey shows, despite White House insistence the economy is sound.” So it went, with most establishment news outlets bent on finding the gray cloud around today’s current sterling economy.

Negative news sells. Perhaps it has always been thus, though it certainly seems most prevalent when it is adverse to this administration.

Interestingly, the latest NABE survey showed something else — an improvement over the previous survey — if the time had been taken to read it. As the survey stated in its section on the economy: “Compared with results in the February 2019 survey, respondents, on balance, expect the next U.S. recession to occur later.” In other words: The survey shows an improved outlook regarding recession.

Respondents predicting a recession this year dropped from ten percent to two percent. Those anticipating one next year also dropped, from 42 percent to 38 percent. Presuming these more optimistic respondents must put their predictions somewhere, they moved them to 2021, causing this later estimation to rise from 25 percent to 34 percent. Finally, those predicting the next recession would be even later moved up from 11 percent to 14 percent.

amgreatness.com/2019/08/24/andrew-mccabes-unjust-deserts/

I was going to pass by in silent contempt the news that CNN—the network that patrons of airport lounges cordially dislike and that no one else watches—just decided to hire disgraced former FBI honcho Andrew McCabe as a commentator. He’ll fit right in, I thought, with other such mountebanks barking against Donald Trump not only at CNN but also at MSNBC not to mention The New York Times, The Washington Post, and other retirement homes for the anti-Trump fraternity.

But Andrew McCarthy’s column at NRO on Saturday reminded me that the case of McCabe is important. It says something critical not just about one of the most important players in (to cite the subtitle of McCarthy’s new book) “the plot to rig and election and destroy a presidency,” but also about some larger issues, which from one perspective might be said to turn on the task of guaranteeing the peaceful transition of power in a democracy and, from another, on the ambition of our justice system to provide (as the legend chiseled into the pediment of the Supreme Court says) “equal justice under law.”

As I have noticed before in this space, Andrew McCabe was a central player in the pseudo-investigation of Hillary Clinton’s misuse of classified information and self-enrichment schemes while secretary of state. He was one of the people who made sure that the probe went nowhere.

McCabe was also a central figure in the get-Mike-Flynn operation and, later, the Great Trump Hunt that occupied Andrew Weissmann’s Howdy Doody dummy Robert Mueller for some two years. McCabe leaked information about an investigation to a Wall Street Journal reporter and lied about leaking in casual conversations with superiors as well as under oath. Yet he will soon be reporting for duty at CNN.

I was going to pass by in silent contempt the news that CNN—the network that patrons of airport lounges cordially dislike and that no one else watches—just decided to hire disgraced former FBI honcho Andrew McCabe as a commentator. He’ll fit right in, I thought, with other such mountebanks barking against Donald Trump not only at CNN but also at MSNBC not to mention The New York Times, The Washington Post, and other retirement homes for the anti-Trump fraternity.

But Andrew McCarthy’s column at NRO on Saturday reminded me that the case of McCabe is important. It says something critical not just about one of the most important players in (to cite the subtitle of McCarthy’s new book) “the plot to rig and election and destroy a presidency,” but also about some larger issues, which from one perspective might be said to turn on the task of guaranteeing the peaceful transition of power in a democracy and, from another, on the ambition of our justice system to provide (as the legend chiseled into the pediment of the Supreme Court says) “equal justice under law.”

As I have noticed before in this space, Andrew McCabe was a central player in the pseudo-investigation of Hillary Clinton’s misuse of classified information and self-enrichment schemes while secretary of state. He was one of the people who made sure that the probe went nowhere.

McCabe was also a central figure in the get-Mike-Flynn operation and, later, the Great Trump Hunt that occupied Andrew Weissmann’s Howdy Doody dummy Robert Mueller for some two years. McCabe leaked information about an investigation to a Wall Street Journal reporter and lied about leaking in casual conversations with superiors as well as under oath. Yet he will soon be reporting for duty at CNN.