Mnuchin Expects ‘Rebound’ | Talking Points Memo

Treasury Secretary Steve Mnuchin isn’t sweating the possibility of an economic recession due to the coronavirus outbreak.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1297270

So, which hole are those monkeys are flying out from?

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This is news? And how many times did he praise the president* for “decisive action” while offering this completely unreassuring outlook?

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Take a listen on Mnuchin and Wallace…

Wallace: “According to one estimate, the market has lost almost $8 trillion dollars in value,”

Mnuchin: “I can’t predict where the market is this week,…people who bought stock after the crash in ‘87…did really well.”

Wallace: …“But when is after the crash?”

Mnuchin: “We can’t ever predict the bottom of the market or the top of the market,”…” We are focused on helping those businesses that need liquidity.”

Mnuchin:“There’s some businesses that are booming,”…

Hey Mnuchin…what about Mainstreet that need liquidity too?

You can’t predict the bottom of the Market and your Dear Incompetent Leader delayed Covid-19 testing, sabotaged WH pandemic team and is just too busy panic gaslighting America…

The INCOMPETENCE, MYTHOMANIA and GREED is BIGLY STRONG in this regime!

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I expect a rebound… some day.

Ignorant lying fuckstick.

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This is not important for the near future. What will become important is that we not replicate the Tory economic model from the financial melt down in 2008-9.

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“It’s not a recession if it ends some day!” :confused:

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We the people absolutely demand Trump shuts up, stands back and allow a bipartisan Congress do it’s job.
Dickhead Donnie only needs to sign with a Sharpie and then go to his room.

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Enough with the happy talk. Roll up your sleeves and get to work.

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You meant self quarantine right? Along with no TV and no mobile phone for 8 weeks, but we will give him supper.

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Dude, econ 101. Stevie boy, ever hear about the economy and consumer confidence? Might be time to open a book.

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That 1.5 tr tax giveaway will come back to bite us I fear. The Republicans are dumping an economic time bomb in our house.

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This dickhead should be on a wanted poster in the Post Office.

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A bowl of steam.

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It’s their M.O.

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No complete and utter bullshit is too obvious to keep them from saying it…goddamn nothing…

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My brain insists on reading his name as Munchkin, and I can’t seem to stop.

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You mean he didn’t say: buy the dip. What is wrong with him.

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How about reruns, 24/7 of all his promises and lies and such?

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