Democrats Openly Rooting For Terrible Economy
Courtesy of Def Con News – 5/27/2020
Prior to the coronavirus pandemic, liberal pundits and democrats alike were wishing for a recession as a way to destroy Trump’s strong economy and oust the President in November. With the coronavirus lockdown, they got their wish as the economy crashed. Now that the country is starting to reopen, all indicators are that the economy is going to rebound with a vengeance, which spells doom for democrats in the fall. It shouldn’t be lost in all of this that liberals are such scumbags that they are openly rooting for tens of millions of Americans to be unemployed just so they can steal power.
Politico did an interesting piece on how truly horrible democrats are:
In early April, Jason Furman, a top economist in the Obama administration and now a professor at Harvard, was speaking via Zoom to a large bipartisan group of top officials from both parties. The economy had just been shut down, unemployment was spiking and some policymakers were predicting an era worse than the Great Depression. The economic carnage seemed likely to doom President Donald Trump’s chances at reelection.
Furman, tapped to give the opening presentation, looked into his screen of poorly lit boxes of frightened wonks and made a startling claim.
“We are about to see the best economic data we’ve seen in the history of this country,” he said.
“Everyone looked puzzled and thought I had misspoken,” Furman said in an interview. Instead of forecasting a prolonged Depression-level economic catastrophe, Furman 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 gross domestic product growth ever.
That realization has many Democrats spooked.
Furman, who is a real economist and not AOC, says that the coronavirus recession differs greatly from the Great Depression in that the economic recovery will be as swift as the crash. The Covid-19 recession started with a sudden shuttering of many businesses, a nationwide decline in consumption and massive increase in unemployment. But starting around April 15, when economic reopening started to spread but the overall numbers still looked grim, Furman noticed some data that pointed to the kind of recovery that economists often see after a hurricane or industrywide catastrophe like the Gulf of Mexico oil spill.
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.”
As for the democrats, this has them sh****ng their pants.
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.”
If your worst nightmare is that people will get back to work and climb out of poverty, you are the shittiest turd on the pile.
“Even today when we are at over 20 million unemployed Trump gets high marks on the economy, so I can’t imagine what it looks like when things go in the other direction. I don’t think this is a challenge for the Biden campaign. This is the challenge for the Biden campaign. If they can’t figure this out they should all just go home,” said the former Obama White House official.
Biden can’t figure out that rape and racism are bad or even where he is most of the time, so he definitely won’t be able to figure out how to counter a great economic recovery. He should pack it in and go home but unfortunately, that’s another thing he can’t figure out how to do.
Given all of this, it is not a coincidence that blue state governors are dragging the coronavirus lockdown out as long as possible. Or that the liberal media demonizes red state governors for opening back up and lies about nonexistent spikes in COVID-19 cases.
This ploy is going to backfire for democrats in a big way come November. Who do they think people are going to vote for: the party that kept them in poverty for no particular reason or the party who put them back to work so they can feed their families?