dtucker300 Loc: Vista, CA

Democrats ‘Dreading’ Election Scenario Predicted By Obama’s Top Economist: ‘Best’ U.S. ‘Economic Data’ In History About To Happen
By Ryan SaavedraDailyWire.com

Democrats are reportedly panicking over an election scenario prediction by Harvard professor Jason Furman, a top economist in the Obama administration, who said last month that the United States is about to see the “best economic data” in its history.

The news reportedly stunned Democrats who had been hoping that the economic damage suffered as a result of this would be enough to sink President Donald Trump’s re-election chances.

“We are about to see the best economic data we’ve seen in the history of this country,” Furman told a group of bipartisan leaders from both parties.

“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 GDP growth ever,” Politico reported. “Furman’s counterintuitive pitch has caused some Democrats, especially Obama alumni, around Washington to panic.”

One former top Obama official told Politico that this was their “big worry,” and, when asked about the level of concern that this scenario has among top Democrat party officials, the individual said, “It’s high — high, high, high, high.”

The report indicated that the Biden campaign is well aware of the situation and that they are preparing for the economy to look much different this fall than it does right now.

Furman said that when the economic data from the last couple of months started coming in that he noticed that the data pointed to a type of recovery that is similar to what economics see after major natural disasters.

Larry Kudlow, the head of the White House National Economic Council, told Politico that he “totally agree[s]” with the analysis that Furman presented to political officials last month, adding, “Q3 may be the single best GDP quarter since regular data. 2nd half super big growth, transitioning to 4% or more in 2021.”

Other top Trump administration officials, including Kevin Hassett and Peter Navarro, indicated that they agreed with the analysis.

Democrats that Politico interviewed were distressed over the prospect that the economy would be improving before the election. “Trump beats Biden on the economy even right now!” one Democrat told Politico. “This is going to be extremely difficult no matter what.”

Another Democrat told Politico: “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.”

Political strategist Arthur Schwartz responded to Politico’s report in a tweet, writing: “Dems are spooked because the economy is going to rebound quickly. Their strategy for November is to keep the country closed. Their interests are served by hurting as many Americans as possible.”

Radiance3

[quote=dtucker300]Democrats ‘Dreading’ Election Scenario Predicted By Obama’s Top Economist: ‘Best’ U.S. ‘Economic Data’ In History About To Happen
By Ryan SaavedraDailyWire.com

Democrats are reportedly panicking over an election scenario prediction by Harvard professor Jason Furman, a top economist in the Obama administration, who said last month that the United States is about to see the “best economic data” in its history.

The news reportedly stunned Democrats who had been hoping that the economic damage suffered as a result of this would be enough to sink President Donald Trump’s re-election chances.

“We are about to see the best economic data we’ve seen in the history of this country,” Furman told a group of bipartisan leaders from both parties.

“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 GDP growth ever,” Politico reported. “Furman’s counterintuitive pitch has caused some Democrats, especially Obama alumni, around Washington to panic.”

One former top Obama official told Politico that this was their “big worry,” and, when asked about the level of concern that this scenario has among top Democrat party officials, the individual said, “It’s high — high, high, high, high.”

The report indicated that the Biden campaign is well aware of the situation and that they are preparing for the economy to look much different this fall than it does right now.

Furman said that when the economic data from the last couple of months started coming in that he noticed that the data pointed to a type of recovery that is similar to what economics see after major natural disasters.

Larry Kudlow, the head of the White House National Economic Council, told Politico that he “totally agree[s]” with the analysis that Furman presented to political officials last month, adding, “Q3 may be the single best GDP quarter since regular data. 2nd half super big growth, transitioning to 4% or more in 2021.”

Other top Trump administration officials, including Kevin Hassett and Peter Navarro, indicated that they agreed with the analysis.

Democrats that Politico interviewed were distressed over the prospect that the economy would be improving before the election. “Trump beats Biden on the economy even right now!” one Democrat told Politico. “This is going to be extremely difficult no matter what.”

Another Democrat told Politico: “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.”

Political strategist Arthur Schwartz responded to Politico’s report in a tweet, writing: “Dems are spooked because the economy is going to rebound quickly. Their strategy for November is to keep the country closed. Their interests are served by hurting as many Americans as possible.”[/quote]
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The main objective of the "lock down" by all democrat governors and the democrats in Congress ,is to continuously ruin the economy of our country, so that the people suffer. With that condition, people will blame president Trump. Therefore they won't vote for him.

On the contrary, owners of businesses and those unemployed are on the streets protesting against the democrat officials demanding them to open and allow them to go back to work. Many people are starving and itching to work to feed their families.

Thousands of businesses are going bankrupt because they could not earn revenue to continue. All these adversities happening now are not against president Trump but against those democrat governors who continue the lock down.

By the time full employment is open, I think the economy will restore to prior economic status before the Coronavirus. I think the Harvard professor Furman, was correct.

PeterS

What a crock of bullshit. The only thing that can keep the economy from rebounding is if there is a return of COVID. The only thing to prevent a return of COVID is to wear masks and to practice social distancing coupled with more testing. Are we wearing masks, social distancing, and testing more? NO! Who's responsible for that! By and large, conservatives who feel their rights are being trampled on to act like civil human beings.

What you don't understand about liberals and Democrats, in general: we don't sit around wishing ill on others, we don't sit around wishing ill on our own common good, we benefit from a strong economy as much as anyone--we like seeing our 401K's going up and not down, we don't like COVID, we don't like sheltering in place, but most of all--we don't like the death toll from this god awful virus.

So if you conservatives want a strong economy and for el-Trumpo to win again: you need to wear your masks in public, you need to practice social distancing, you need to avoid venues where social distancing isn't possible, you need to think and you need to be courteous of others. Do that, and we can beat this thing and EVERYONE will benefit plus we can ALWAY'S impeach Trump the second time around because knowing Donald Trump he is always doing something to be impeached for! Why do I say that? Because at heart he's a conservative and he knows no other way to behave...

Fodaoson Loc: South Texas

What about the billions borrowed to hand out "rebates". The corona virus gives Trump an out for not cutting the deficit. Tax revenues are down and spending is up.

PeterS

The virus gives him an out for the economy in general because despite lofty promises the economy never once grew at an annual rate higher than 2.9%. That's Obama numbers and something he was skewered over constantly by conservatives. He wasn't cutting the debt before the virus--piling up a debt of nearly a trillion a year plus it was growing. His tax cut caused revenue to shrink not grow. Under Obama at least revenue was going up for every year he was in office and debt was going down. Trump's one golden ticket was unemployment but even there all he did was lower it one percentage point more than what Obama did. It could easily be argued that unemployment was going to go down no matter who was in office. Trump can be credited with not crashing the economy but not much more.

So in many ways, the virus could have saved Trump. All he has to do is demonstrate his actions saved lives and not cost them and that will be hard to do given that he spent 71 days calling the virus a democratic hoax or nothing worse than the cold or the flu that was going to MAGICALLY disappear as if it was some kind of breakfast cereal. That's where he's vulnerable because a Columbia study has shown that had he acted just two weeks sooner he could have saved 36 thousand lives and a total of 50 thousand if acting just a week sooner than that. Now he's encouraging behavior that very likely will lead to the return of the virus and the death toll that exponentially continuing to grow.

So no matter what, Trump has always been vulnerable and likely always will be. His, GREATEST ECONOMY THE WORLD HAS EVER SEEN, was largely in his imagination and his supporter's affirmation. And his behavior before shelter in place and after shelter in place has cost lives and will cost more lives. For that reason and that reason alone, it is a death wish for this nation to elect Donald J Trump once again and that my friend is his greatest vulnerability.

Radiance3

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I assume you are one of the recipients of the stimulus checks.
Your brain would rather allow people to die due to out of jobs, without the means to earn a living. All the funds provided were very smart move for human survival and to help restore the economy where people depend on. The small business owners are allowed to survive by providing them funding as long as they keep the employees. The huge corporations are allowed to survive by lending them money to continue and hold keep all their employee employed. These projects are for restoring economic stability.

Contrary to Pelosi's $3 trillion taken from my taxes and from others.
Here are the projects of Pelosi for the first $200 billion, and the next $3.2 trillion she passed in Congress.
CRAMER’S SOUNDBOARD
House Speaker Nancy Pelosi: $3 trillion coronavirus relief bill is a ‘big ticket’ for a ‘big problem’
PUBLISHED TUE, MAY 12 20206:52 PM EDT
Tyler Clifford
@_TYLERTHETYLER
In the guise of Coronavirus, Pelosi wants to bail out democrat bankrupt states.
1. $1.5 trillion for DEMOCRAT states that are bankrupt due to the democrat governors mismanagement of their budget for several decades.
These are California, New York, Illinois, Massachusetts., Hawaii. These are the biggest losers, all run by democrats for decades.
Their huge budget deficits have nothing to do with Covid19.

All these bankrupt democrat states have huge budget deficits due to overloaded and over paid public employees system. heir retirement funds and salaries are 3 times higher than the private sector. California alone has a budget deficit on retirement for $93.1 billion. I have an engineer retired friend in California and bragging to me about his $6,500/per month retirement from the state. Then he gets also the SS from the Federal fund, $2,500. And California is broke. California also has tens of millions of illegal aliens dependent on their budget, plus the Sanctuary cities. And Pelosi wants my tax money and of others to bail them out.

To fund the Endowment for the Art.
To fund the Kennedy Center.

To fund additional $6,000 for each family affected by the Coronavirus.

Lonewolf

The economy no matter how good can save trump his incompetence just killed over 30,000 Americans were not giveing him another 4 years its time to lock him up

dtucker300 Loc: Vista, CA

Between 20-22 Veterans take their own lives each day. Now, compound that with the number of people who have lost jobs or businesses because of the Democrats trenchant desire to shut down the economy in the hopes of derailing Trump's victory in November, and you will find millions for people suffering because of a hundred-thousand deaths from COVID. The people who have lost their livelihood and live in Democrat-controlled states will not forget what has been foisted on all of America.

dtucker300 Loc: Vista, CA

The only crock of bullshit is your inane response because of TDS.

Lonewolf

most likely a lot of dead are trump supporters so i guess the virus is performing a public service!