
Living typo Steve Mnuchin and his villainess wife, Craven Moorehead
Axios morning email thingie leads with The Trump YUGE Depression news:
Asked about unemployment on CBS’ “Face the Nation,” White House senior economic adviser Kevin Hassett said: “I’m looking for rates north of 20%, sadly.”
- “To get unemployment rates like the ones that we’re about to see,” Hassett said, “which I think will climb up towards 20% by next month, you have to really go back to the Great Depression to see that.”
Treasury Secretary Steven Mnuchin said on “Fox News Sunday”: “The reported numbers are probably going to get worse before they get better, but that’s why we’re focused on rebuilding this economy. We’ll have a better third quarter. We’ll have a better fourth quarter. And next year is going to be a great year.”
- Chris Wallace asked Mnuchin: “[T]he unemployment numbers for April stopped in mid-April, does not include the 7 million people who have lost their jobs since then. So aren’t we talking close to 25% at this point, which is Great Depression neighborhood?”
- Mnuchin replied: “Chris, we could be.”
All we need is some Kudlow spouting nonsense to confirm it. Oh, wait:
Larry Kudlow, the director of President Donald Trump’s National Economic Council, has cautioned that the job numbers for May will be “very difficult” as was the report published for April last week, but he projected that there would be an economic “rebound” in the second half of the year.
We’re eff’ed in the dark.
He didn’t add what he was also thinking, … no matter how many lives we have to waste getting there. Every citizen is a soldier, even the elderly in nursing homes!”
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If they wipe out the olds they won’t have to pay out on social security.
And if they can wipe out the USPS the 75 years of funded retirement money will go somewhere else.
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“And next year is going to be a great year.”
– also, by now they’ve probably picked up stock in mortuaries and coffin makers. Look for new regs that force a certain level of coffin be purchased – protection from the plague victims, don’t you know.
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“75 years of funded retirement money will go somewhere else.”
Yeah…like, Suckface’s, (and his buddies’) pockets, through their business ventures.
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Seen on a CNN chyron yesterday: “Mnuchin: Damage to the economy could be permanent”
So yeah we’re in the bust-out phase, expect the “burn
the Reichstagthe country down for the insurance money” phase come November after the election; if they allow one to happen….LikeLiked by 1 person
“We’ll have a better fourth quarter. And next year is going to be a great year.” For funeral directors, mortuaries and the like, he didn’t add. I also got an intriguing offer in my FB Fed this morning: heavy-equipment training to prepare me for the exciting, upcoming [checks notes] mass burials?
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Infrastructure Week is going to KILL this time around!
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BRD – talk about a “shovel-ready project…”
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When Larry Kudlow speaks, people better not listen.
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