The far-left Politico admitted Tuesday that Democrats are “dreading” the idea of a fast economic boom as America reopens, which explains the anti-science push among many Democrat governors to extend their pointless coronavirus lockdowns.
Thanks to these lockdowns, some 40 million people are unemployed, some 40 million lives have been shattered; lines at food pantries seem to go on forever; countless small businesses are in danger of closing or already have… Nevertheless, what America’s oh-so compassionate Democrats dread most is a quick economic rebound that might undermine their grasping desire to hold on to and obtain power.
“The general election scenario that Democrats are dreading,” the Politico headline reads.
And what is that scenario?
“We are about to see the best economic data we’ve seen in the history of this country,” a former economic adviser to Barack Obama told a bunch of bigwigs from both parties last month.
His name is Jason Furman and Politico says he “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.”
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.”
And top policy officials on the Biden campaign are preparing for a fall economic debate that might look very different than the one predicted at the start of the pandemic in March. “They are very much aware of this,” said an informal adviser.
What Furman already sees are signs of what’s known as a “V” recovery, as a opposed to a slower or gradual recovery, or a recovery that takes a while to get back to where we were before these stupid lockdowns began. Furman sees an economy that’s already unleashed.
Consumption and hiring started to tick up “in gross terms, not in net terms,” Furman said, describing the phenomenon as a “partial rebound.” The bounce back “can be very very fast, because people go back to their original job, they get called back from furlough, you put the lights back on in your business. Given how many people were furloughed and how many businesses were closed you can get a big jump out of that. It will look like a V.”
Furman’s argument is not that different from the one made by White House economic advisers and Trump, who have predicted an explosive third quarter, and senior adviser Jared Kushner, who said in late April that “the hope is that by July the country’s really rocking again.”
White House officials were thrilled to hear that some of their views have been endorsed by prominent Democrats.
While no one expects the second quarter numbers — the numbers that will tell us the GDP between April 1 and June 30 — to be anything but terrible, if we can come to our senses nationwide and get these absurd lockdowns behind us, the third quarter numbers (that will be released at the end of September) could show real growth. This would be good for the incumbent president, especially since that incumbent president has been predicting a “pent up” desire within the American people to get back to normal.
Good news for America and Americans would, of course, be terrible news for Joe Biden, who is desperate to strangle our economy with record high taxes and an obscene amount of regulations. Biden’s policies would hurt a flourishing economy, but they would kill a post-lockdown recovery in the same way the Obama-Biden economic policies of 2009 killed any hope of a real rebound after the 2008 economic crash. It’s no accident the Obama-Biden administration oversaw the worst “recovery” since the Great Depression. Their taxes, regulations, and constant threats of more kept a boot firmly on the neck of our economy for eight long years.
Plus, no matter how much Biden might crybaby about Trump’s Twitter account, his golf game, and his violation of the establishment’s “precious norms,” the American people tend not to fire a president when the economy is humming — especially if we are coming out of a downturn.
Ever notice what’s good for America is always bad for the demokrats? It says a lot about them.
The far-left Politico invested millions in computer modeling to predict that slut hillary would win the election.the AH gov’s in the various states that want to continue none opening will be hit with civil and federal suits, of which the state with the use of the tax payer’s money will pay. the gay chi mayor comes from a family of gang and drug violence. her bio reads like a fast track with a lot of money from somewhere. the average American will remember what politician kept him from putting food on the family’s table.
thanks to AH mayor and gov’s the hatred of the masses will be taken out on the cops. expect to see multiple individual assaults out of uniform. every incident is filmed and sold. yes, every cop’s face is tha run through a hacked data base. age, home address, phone # is all collected. contrary to the slow V recovery, the V is used for bipolar mania- depression, interesting. the stock market will take off in mid to end of july and run up rapidly in Aug/Sept.
Who makeup this Dem voter bloc?
Not working people.
Not blacks.
Not Hispanics.
Not gays.
Not women.
Not “the rich.”
Not the middle class.