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The general election scenario that Democrats are dreading
"We are about to see the best economic data we've seen in the history of this country," says a top former economic adviser to Obama.
By RYAN LIZZA and DANIEL LIPPMAN
05/26/2020 04:30 AM EDT
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.
"We are about to see the best economic data we've seen in the history of this country," he said.
"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.
...
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."
Full story here: https://www.politico.com/news/2020/0...mocrats-281470
"We are about to see the best economic data we've seen in the history of this country," says a top former economic adviser to Obama.
By RYAN LIZZA and DANIEL LIPPMAN
05/26/2020 04:30 AM EDT
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.
"We are about to see the best economic data we've seen in the history of this country," he said.
"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.
...
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."
Full story here: https://www.politico.com/news/2020/0...mocrats-281470
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Joined: May 2005
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From: Chantilly, VA
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Thread Starter
Joined: May 2005
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From: Chantilly, VA
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Joined: Sep 2005
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From: Chicago. (The less-murder part.)
for @Joe Perez
That having been said, this whole situation just sickens me.
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Thread Starter
Joined: May 2005
Posts: 80,552
Total Cats: 4,368
From: Chantilly, VA
for @Joe Perez
https://nypost.com/2020/06/01/protes...aKRfH5Al-djqXE
https://nypost.com/2020/06/01/protes...aKRfH5Al-djqXE
Protester loses eye after being struck by police tear gas canister
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