Charoite (05-27-2020), Phantasmal (05-27-2020)
Members banned from this thread: evince |
In early April, Jason Furman, a top economist in the Obama administration and now a professor at Harvard, was speaking via Zoom to a large bipartisan group of top officials from both parties. The economy had just been shut down, unemployment was spiking and some policymakers were predicting an era worse than the Great Depression. The economic carnage seemed likely to doom President Donald Trump’s chances at reelection.
Furman, tapped to give the opening presentation, looked into his screen of poorly lit boxes of frightened wonks and made a startling claim.
“We are about to see the best economic data we’ve seen in the history of this country,” he said.
The former Cabinet secretaries and Federal Reserve chairs in the Zoom boxes were confused, though some of the Republicans may have been newly relieved and some of the Democrats suddenly concerned.
“Everyone looked puzzled and thought I had misspoken,” Furman said in an interview. Instead of forecasting a prolonged Depression-level economic catastrophe, Furman laid out a detailed case for why the months preceding the November election could offer Trump the chance to brag — truthfully — about the most explosive monthly employment numbers and gross domestic product growth ever.more:Furman’s counterintuitive pitch has caused some Democrats, especially Obama alumni, around Washington to panic. “This is my big worry,” said a former Obama White House official who is still close to the former president. Asked about the level of concern among top party officials, he said, “It’s high — high, high, high, high.”
https://www.politico.com/news/2020/0...mocrats-281470
I love how democrats continually route against america and our success. awful people. I would never have wished for economic collapse with obama as president. democrats are sick.
Charoite (05-27-2020), Phantasmal (05-27-2020)
Bigdog (05-27-2020), Earl (05-27-2020), Grokmaster (05-27-2020), Hermes Thoth (05-27-2020), PostmodernProphet (05-27-2020), RB 60 (05-27-2020), Sirthinksalot (05-28-2020), Stone (05-27-2020)
so many good quotes in this article.The former Obama White House official said, “Even today when we are at over 20 million unemployed Trump gets high marks on the economy, so I can’t imagine what it looks like when things go in the other direction. I don’t think this is a challenge for the Biden campaign. This is the challenge for the Biden campaign. If they can’t figure this out they should all just go home.”
Bigdog (05-27-2020)
You might not have, but there were plenty on the right who didn't want to see the stimulus work, and who wanted Obama to fail.
I don't know how anyone can be excited about anyone winning anymore, honestly. Both parties are light years from our original ideals.
Phantasmal (05-27-2020), PoliTalker (05-27-2020)
Heh
.
I think that there will be a V shaped recovery, which will be the Dems worst nightmare. They will also be reminded constantly that they were more interested pursuing a bogus trumped up impeachment instead of working with the administration. All they could see was a way to fuck Trump every which way till Sunday. Not only that but Pelousy seemed more interested in pork gobbling than preventing the economy going down the crapper.
Last edited by cancel2 2022; 05-27-2020 at 02:34 AM.
Earl (05-27-2020), Hermes Thoth (05-27-2020), RB 60 (05-27-2020), Stone (05-27-2020)
The stock market can be at 29,000 on election day, and if the UE rate is at 15%, which is the estimate, and nearly 200,000 are dead from CV19, Trump may get 40% of the votes.
Russian trolls and their supporters go on Ignore, automatically: no second chance.
Earl (05-27-2020)
PoliTalker (05-27-2020)
Earl (05-27-2020)
Earl (05-27-2020)
cancel2 2022 (05-27-2020)
Earl (05-27-2020)
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