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turbinetree

(24,703 posts)
Sun May 24, 2020, 10:52 AM May 2020

WH Adviser: Unemployment Will Be In Double Digits By November Election [View all]

Source: Talking Points Memo



By Summer Concepcion
|
May 24, 2020 10:19 a.m.

White House economic adviser Kevin Hassett shared a grim outlook on unemployment claims by the time of the November election during an interview on CNN Sunday morning.

After CNN’s Dana Bash mentioned that the Congressional Budget Office predicted that unemployment could still be at 9% at the end of 2021, she asked Hassett whether it’s possible for the number of unemployment claims to remain in double digits in November.

“Yes, I do,” Hassett said, before quickly adding that he thinks “all the signs of economic recovery” will be “raging everywhere.”

Hassett then argued that “the only thing” economists will debate about is whether the country will “get back to where we were” or if it will “be a long haul to get there,” before launching into an anecdote involving two of his friends who are Harvard professors.


Read more: https://talkingpointsmemo.com/news/kevin-hassett-unemployment-november-election



-snip-

Three items come to mind Hassett:

Did you call the vacationing #Moscow Mitch that it would be wise to pass the Hero's Act.........

Did you call your golfing "boss" during a pandemic with close to 100,000 deaths of criminality, that he is a sociopath, and narcissistic lunatic and should resign...........or that you will resign.....

Did you use your "cubic model" to determine the numbers..........and then did you call the #Moscow Mitch, that this is for real...........and that you cannot make up the numbers to make it look good..................


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He puts the ASS in Hassett sandensea May 2020 #1
Yepper spot on................... turbinetree May 2020 #7
Why do they all make that fucking face? dawg May 2020 #2
"We're screwing you over" not fooled May 2020 #9
And without the courtesy of a reach around Docreed2003 May 2020 #12
Hopefully many of those unemployed Scarsdale May 2020 #3
We will be lucky to see unemployment below 10% for a few years and most likely beachbumbob May 2020 #4
Real estate crashes, auto loan defaults, rejected consumerism notwithstanding bucolic_frolic May 2020 #5
Indeed.... paleotn May 2020 #10
Helicopter money is keeping stock markets up, but it will trickle into collapsing output bucolic_frolic May 2020 #14
Do ya think?! paleotn May 2020 #6
Dear TPM - he and she both said unemployment (not unemployment claims) being at double digits progree May 2020 #8
According to the BLS, their unemployment rate was "almost" 20% in April -- specifically here's what progree May 2020 #11
It already is, idiot! ananda May 2020 #13
If it gets into triple digits... SergeStorms May 2020 #17
Yep. Just another piece of disinformation for the media to run with. stopbush May 2020 #18
Except for the Great Depression (with a D), the unemployment rate has only been in double digits in progree May 2020 #15
Who the hell is this idiot? LiberalFighter May 2020 #16
He looks dRunk-full of kkkool-aid Lock him up. May 2020 #20
This is going to be a world wide problem. totodeinhere May 2020 #19
People will be living in McConnellvilles all over the US Bengus81 May 2020 #21
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