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US economy now growing at less than 2 percent due to government shutdown, JP Morgan saysJP Morgan economists said the government shutdown is beginning to take a bigger toll on the U.S. economy, and growth is now below 2 percent, despite resilience in the private sector broken window fallacy Jaime prepares the ground for his Financial Services Committee Testimony. They should talk to their colleague Mary E. Erdgoes who made a fool of herself with her Davos rant on how great Americans are doing. Crazier than anything said by Munchkin, Kudlow, Hassett, Ross et al.
Source: CNBC - 🏆 12. / 72 Read more »
Have losses from the government shutdown equaled the cost of Trump’s border wall demand?Have losses from the government shutdown equaled the cost of President Trump's border wall funding demand? Follow the NBCNewsGraphics live funding ticker at the link. Good job, Democrats 🙄 PART of the Border Wall, estimates of COMPLETE wall are around $30 Billion. Lazy reporting feeds ignorance Good thing Dems are holding out. Idiots could have negotiated for DACA and much more. Childish fight between Pelosi and trump.
Source: NBCNews - 🏆 10. / 86 Read more »
Trump’s top economist says shutdown could stall the economy completely“You could end up with a number very close to zero in the first quarter,” said Kevin Hassett. At some point, everyone will have to understand...he doesn’t care!!! Don’t count ur chickens too soon Think so? It's the bigger plan that was written about extensively during the shift of power 1980-1981. To wipe out the nuisance of the middle class. Mitch McConnell was sharpening his teeth. 1975 Jefferson Co. Executive Judge. At the time, Prospect, KY. was wealthiest area in KY.
Source: washingtonpost - 🏆 95. / 72 Read more »
U.S. economy could see zero growth if shutdown continues, White House adviser says“The second-quarter number would be humongous if the government reopened. It would be like 4 or 5 percent,” Kevin Hassett, chairman of Trump’s Council of Economic Advisers, told CNN. I thought the Economy was booming? Does he still have that goofy smile going on? Yuckkevinhassett
Source: Newsweek - 🏆 468. / 52 Read more »