Despite Rhetoric of Moody’s Analytics, Financial Expert and National Radio and Television Host Dan Celia Says Donald Trump Would, Far and Away, Be Better for the Economy
PHILADELPHIA, Pa.—There’s no question in financial expert Dan Celia’s mind which presidential candidate would be better for the economy—Donald Trump.
And as the Republican National Convention begins today in Cleveland, Celia says there is much to consider in advance of one of the most crucial elections in history—especially in light of the headlines over the past several days.
“Last week, I indicated to Fox Business’ Charles Payne that it will be important that Republicans frame the debate on the economy properly and point Americans to the real numbers and statistical data that will confirm the reality of Obama-economics,” said Celia, who leads Financial Issues Stewardship Ministries (FISM, www.financialissues.org) and hosts “Financial Issues” daily on more than 600 radio stations. “As we kick off the convention, I hope the focus is on national security, the war against terrorism and the economy. There is plenty of ammunition against the policies of Hillary Clinton and Barack Obama on all three of these important issues. In light of the tragedies in Baton Rouge and Dallas, we cannot discount the fact that we have an administration that has disseminated a tone of demonizing police officers.”
Regarding a different economy under Trump, Celia says that although many of the business mogul’s critics cite the uncertainty of a Trump economy, there is one thing that will be certain about a Hillary Clinton economy—at least four more years of Obama-economics that have annihilated the middle class.
Moody’s Analytics, however, has a different take. The financial ratings company recently skewered Trump, saying his presidency would “significantly” hurt the economy, according to Politico, and would drive the U.S. into a “lengthy recession.” Moody’s Analytics even went as far as to predict that, with Trump at the helm, the country would see nearly 3.5 million job losses and a 7 percent unemployment rate.
However, Celia, who has also talked on air with Fox Business’ Neil Cavuto about America’s struggling economy, says exactly the opposite is true.
“This country needs a leader who can bring back the middle class, which has been cut off at the knees by this administration,” Celia said. “Hillary Clinton’s economic policies—or lack thereof—will be a continuation of Obama-economics. Do we want a stronger economy with more and better jobs? Then Hillary is not the answer. To say the outlook for our economy under Donald Trump is different than it would be under Hillary Clinton is the understatement of this election.”
Celia also provided insight on Moody’s Analytics itself, stating that the firm put its political bias to work on Trump’s plan for the economy. As an example, Celia said, it is “comical” that Moody’s Analytics rated Lehman Brothers better than an ‘A’ before the global financial services firm declared bankruptcy in 2008. Moody’s Analytics also rated AIG with an ‘A’ the day multinational insurance corporation collapsed.
“This is the same analytics firm that was called before Congress in a hearing soon after the financial crisis to find out how this was possible,” Celia said. “Moody’s Analytics basically answered by saying they assumed the ‘A’ rating would stick because the government would bail out these companies—and that no one was fired over that assumption.
“They didn’t care much about the tens of thousands of people,” Celia continued on a recent installment of“Financial Issues,” “who had their life savings in Lehman Brothers bonds trying to create a little bit of income, who lost everything. That didn’t matter to them. This is an ‘analytical’ firm that decided to use assumptions. The same analytical firm that decided to use assumptions in 2008 on Lehman Brothers and AIG is attempting to use more assumptions on Donald Trump’s plan. What plan? He doesn’t have a plan. He’s made some general statements on what he believes is necessary to move the economy forward—some of them very good things—but there’s not enough meat on the bone to do any analytics. But then again, this is typical Moody’s Analytics. Why would they care about analytics when they can just fill in the blanks with certain assumptions?”
Daily, Celia addresses important financial headlines and takes calls from around the country on his radio and television program, “Financial Issues,” which airs on more than 600 radio stations. The program is also seen on the National Religious Broadcasters (NRB) television network, reaching 45 million households, and BizTV, which reaches millions more in major markets. To view Celia’s recent show clips, click here.
Celia focuses on financial stewardship every day when talking to thousands who want to honor God with their finances. He also often educates listeners and viewers about his stock “sell” list, encouraging those who strive to be biblically responsible with their investing to sell certain stocks based on the company’s involvement in immoral or anti-biblical issues, such as having stake in Planned Parenthood funding, pornography, same-sex marriage or other matters that should be concerning to Christians.
A financial expert and author backed by decades of financial experience, Celia is personally in touch with thousands of people each week from across the country. He has worked for 35 years as an entrepreneur and businessman, and has developed a biblically responsible system of financial management with great success. Celia started his radio program in 1997 and has interviewed newsmakers, experts, lawmakers and presidential candidates. He speaks at conferences, town hall meetings and investment conferences around the country, is the author of six books and publishes a weekly newsletter.
For more on Financial Issues Stewardship Ministries, visit its web site at www.financialissues.org, itsFacebook page, the YouTube channel, Financial Issues with Dan Celia or its Twitter feed, @financialissues.
###To interview Dan Celia of Financial Issues Stewardship Ministries, contact Jen Retallick, 610-584-1096, ext. 100, Media@HamiltonStrategies.com, or Deborah Hamilton at 215-815-7716 or 610-584-1096, ext. 102.
Dan Celia is president and CEO of Financial Issues Stewardship Ministries and host of the national syndicated radio talk program “Financial Issues,” heard daily on more than 600 stations across the country and in millions of homes through NRB-TV, BIZ-TV and others. FISM believes that only revival will transform America back to its Judeo-Christian heritage and biblical values.