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May 26, 2020

Politico: What Gives Democrats Nightmares Is the Possibility That the Economy Will Start Growing if the Nation Is Reopened

Yes, we all knew this.

This blows zero minds.

But thank you for admitting it.



More from Politico, but quoted from Twitchy:

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.

...

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."


The fact that Democrats have admitted this -- and Politico has published their admission -- will not, however, stop the media from claiming that it's a "conspiracy theory" to say the Democrats want to keep critical parts of the country locked down to depress the economy.

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posted by Ace at 02:39 PM

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