Sunday, November 12, 2017

The Coyote Blog On EVs -- November 12, 2017

From The Coyote Blog: why is it so hard to get even smart people to think clearly on electric vehicle efficiency.

Trump: One Year Later

Predictions one year ago when President Trump was elected president, and how it turned out:
  • NYC tourism office said his election would cost the city 300,000 visitors; in fact, NYC foreign tourism will likely rise 3.6% this year;
  • finance expert (and the term is used loosely) Steve Rattner foresaw "a market crash of historic proportions"; in fact, since his election, the global markets have added $26 trillion
  • Moody warned of a "weaker" economy, saying 2% GDP was the best we could hope for; in fact, looking at 3% or more for Trump's full quarters
  • other doomsayers
    • Mark Cuban
    • CNBC's Andrew Ross Sorkin
    • Bridgewater Associates 
    • Macroeconomic Advisers
    • Nobel-winning economist Paul Krugman, walked back his earlier doomsday prediction, saying "a global recession with no end in sight"
  • in fact:
    • the Dow has climbed more than 25% since Hilary Clinton conceded
    • the first two full quarters of Trump's term both saw growth of 3% or more
    • predictions that ObamaCare enrollment would plummet; it didn't; a record number of people signed up in the first few days; the first day, 200,00 sign-ups, twice last year's number, and more than 1 million visited versus 750,000 in 2016
and, finally:
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. 

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