This guy is in charge not Yellen or Powell… tells Biden what to tell them… thinks we’re headed for recession due to the monetary policies of higher risk free rates and quantitative tightening… ie textbook Art degree monetarism 101…
Former Obama economic advisor Larry Summers says "there is a very high likelihood of recession" and it's "very unlikely" the U.S. will have a "soft-landing" pic.twitter.com/SkBNd2jUBx
— RNC Research (@RNCResearch) July 24, 2022
He's just paroting Stan Drukenmiller.
ReplyDeleteWho's been saying this for 3 months.
Watch those dates in 2023 Matt.
Only saviour might be Midterm madness when a republican gets in and market Zooms a gazillion points.
As Republicans have been potty trained to believe trickle down works.
http://bilbo.economicoutlook.net/blog/?p=50169
Get dementia so they don't have to explain why it didn't.
“ As Republicans have been potty trained to believe trickle down works.”
ReplyDeleteIt works better than what we currently have so if you don’t support the better alternative your just a pos political partisan …,
We NEED a tax cut right now….
ReplyDelete