Mnuchin: Recession ‘Not Terribly Relevant’ | Talking Points Memo

Treasury Secretary Steve Mnuchin denied that the U.S. is currently in a recession amid the coronavirus outbreak during an interview on Fox News Sunday morning.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1298941

Empty eyes, empty head, empty heart, empty soul.

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Mnunchin added: “I would only call this a recession if a Democrat were president. Dear Leader can do no wrong, so we are in a YUUUGE economic expansion.”

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Talk about walking around naked .

image

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How many millions does Mnunchin think the Trump Organization will get out of the $2 Trillion?
My guess is financially 2020 will be the best year ever for Trump!

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… “this isn’t the financial crisis that’s going to go on for years.”

That financial crisis is still in the works.”

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Tell that to the thousands/millions that have lost 20% of their investments in their retirement accounts. Not terribly relevant, indeed.

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Phil Gramm - July 2008:

“You’ve heard of mental depression; this is a mental recession. … We have sort of become a nation of whiners."

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Mnuchin: Recession ‘Not Terribly Relevant’

If I was worth 200 million dollars, recession would be the last thing on my mind. But since I am an older worker worth 200K, with a kid going to college next fall and another to follow in a couple years… the R-word is mighty relevant…

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A saver and his money are soon parted.

  • Steve Mnuchin - 2020
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The only thing relevant to these greedy pigs is how much they can transfer from the American people into their own coffers during this crisis, a crisis they are exacerbating by their intentional inaction.

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he continued:

for smart investors, that is to say -‘insiders’ - it’s the opportunity of a lifetime.

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If a recession isn’t terribly relevant, how does the Trump admin plan to address the plight of Americans who live paycheck to paycheck and the paycheck stops?? How long is a one-time payment of 1,200 bucks going to stretch?

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Less than one Scaramucci?

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Mnuchin: Recession ‘Not Terribly Relevant’

If one’s sole purpose is to deflect blame.
Had that purpose been to inform the population? Well…

With these guys the only answer is:
Next question.

jw1

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Powerful.

When will we see it in a Democratic campaign commercial?

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Mnuchin: Stock market ‘absolutely’ Trump admin’s economic report card - 3/23/17

Well let’s have a look at those grades there my boy…

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They have not yet begin to trash the economy. This is just the tryouts.

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Only 20%?

This is the Trump Recession.

Repeat that.

Trump Recession.

Louder!

It is more than a technical question.

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I can only hope that he is in the car with Trump and Melania when the partisans stop them.

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