Pundits keep getting Donald Trump economy wrong

I wish things were different but they aren't. I wish that the media wouldn't consistently get their predictions wrong about President Trump's economy but that's how it's going. That's their problem. I'm mentioning this because it's the subject of Stephen Moore's latest op-ed. In the op-ed, Moore writes "Even more surprising than the blockbuster 4.3% economic growth rate recorded in the third quarter of 2025 was the fact that some 90% of the nation’s professional economists got it all wrong. These economic whiz-kids’ faulty forecast comes on the heels of their predictions last week that inflation was going to be above 3%. Instead, the actual number was 2.7%." Then, to add insult to injury, Moore wrote "Welcome to the gang that can’t shoot straight."

Ouchi. That's gotta sting. Moore continued, writing "But this groupthink pessimism was widespread this time last year as well, after Trump won election a second time. Yet the economy is surging forward again. Part of the problem is that these economists want it to be so. They root against America when Trump is president, in part because when his policies work, they clash with their big-government orthodoxy. No one likes to admit they’re wrong, especially when it comes to their core beliefs."

This sign won't help their fragile egos, either:

I've got to think that these economists' egos are getting beaten to a pulp but that's their problem.With GDP moving ahead at a brisk 4.3% rate for Q3 2025, it's the economists' turn to adjust. The American people have dealt with substandard GDP growth for too long. There's no reason why Democrat politicians should subject citizens to a sluggish GDP growth rate. Generally speaking, Republicans have welcomed better GDP growth rates, even when a Democrat was president.

The sad truth is that I'd only consider 2 Democrat presidents to be pro-growth presidents since the start of the Twentieth Century. Those would be JFK, a true supply sider and Bill Clinton. Clinton got there thanks to lots of pushing from Speaker Newt Gingrich. Clinton adapted through triangulation. JFK was a legitimate supply-sider. Here's Kevin Hassett giving his opinion on this quarter's GDP report:

Best line of the interview: "so if 94% of Wall Street economists are getting things wrong, maybe they should think that Trump's policies aren't as bad as they think they are." GASP! You mean consider the possibility of being wrong? Heaven forbid that type of thinking. Seriously, if 94% of these Wall Street economists get things wrong, perhaps they should find a different career.

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