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‘Kevin, I’m Not Gonna Buy 2 Sandwiches’: Hassett Admits Shutdown Could Drive Growth To Zero During Ritual Poppy Harlow Evisceration
Ok, everybody, let's welcome back Trump stooge Kevin Hassett for another humiliating episode of "Ok, actually this government shutdown is a real threat to the economy."
Putting Hassett on television is second only to letting Rudy Giuliani open his mouth in public when it comes to things the administration shouldn't do if they don't want to be lampooned, but c'est la vie, right?
Hassett has of course been the man with the (non)plan when it comes to convincing the American public that Trum
Well, there is inherent absurdity in all this, but that backpay will either be saved, invested, or spent. They may not buy 2 sandwiches, but maybe a new TV from the 30 missed sandwiches and lattes. It pains me to say this but I see his point.
I disagree. Those who don’t have the cash reserves to get through the furlough don’t have a high percentage of discretionary expenditures, and people need to eat whether at work or at home. More importantly, any “extra” cash will mostly go toward interest on credit cards and payday loans that people used to keep the lights on.
And also, like obviously it will impact the economy. You have close to a million people with good salaries who aren’t spending. No fucking wonder. Only some moron like Trump and the like would think otherwise.
I wonder if this is another “benefit” In Trump’s eyes from prolonging this so he can have another excuse for an economy that is slowing because of his trade policy. Look tough to the base and an excuse for growth numbers that are not the 4,5,6% he was talking about with the tax cuts.