White House economic advisers express contradictory tones on economic impact of coronavirus

"This is the biggest negative shock that our economy, I think, has ever seen. We're going to be looking at an unemployment rate that approaches rates that we saw during the Great Depression," Hassett told ABC's"This Week.""During the Great Recession, remember that was a financial crisis around 2008, that we lost 8.7 million jobs and the whole thing. Right now, we're losing that many jobs about every 10 days.

Colorado governor says he's worried about possible second spike in Covid-19 cases as state set to reopen Monday"I think GDP growth in the second quarter is going to be negative big number. Wall Street estimates are 20, negative 20, negative 30% at an annual rate. And so that's because we've done something that's really unprecedented, we basically stopped everything," Hassett told reporters.

Source: Financial Digest (financialdigest.net)

Don’t blame the coronavirus for shutting down the country, that was solely the work of overreacting state and local governments.

Time to get this thing rolling. We can't stay locked up for years ...

CNN you’re talking your few viewers into a recession

CNN is giddy over Americans suffering They pray this ushers in a more just communist society

ANYBODY!! With half a brain knows it's going to be bad.. ALL OVER THE WORLD! Buckel up!

Exactly what the democrats are hoping for. So much for caring about America and its people. Disgusting parasites.

I bet the thought of that gets Pelosi's panties moist.

This will pass very quickly once businesses are allowed to reopen. The death of America is in our own hands.

We need another stimulus of $ 2,000,000,000,000 to help small businesses, working families whose overall income is $50,000 or less, and the poor.

More fake news. No member of the Trump administration would even think that .

Corona virus didnt do it. The governor's fkd it all up. This is all on them.

If we quit all the libtard media fear mongering, we’ll be good to go back to work.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

White House economic advisor Kevin Hassett says unemployment rate will approach Great DepressionA White House senior economic senior advisor, Kevin Hassett, said on ABC's 'This Week with George Stephanopoulos' on Sunday morning that the economy is in a 'really grave situation.' Huge if true... Dow down another 1000 points tomorrow
Source: CNBC - 🏆 12. / 72 Read more »

Kristin Cavallari Says She Doesn’t Eat ‘White Flour, White Sugar, Or White Salt’She also has a freezer full of meat.
Source: Women's Health - 🏆 475. / 51 Read more »

White House issues revised transcript to show Birx said sunlight not a treatment for coronavirusThe corrected White House transcript made clear that when Birx was asked if light could treat coronavirus, she responded: "Not as a treatment." 7dnetwork To pretend she said that. Not 'show'. Pretend. No amount of damage control can save them now... Please, please, please! No more community organizers as President.
Source: YahooNews - 🏆 380. / 59 Read more »

White House could alter virus briefings to limit Trump roleAfter his suggestion that injecting disinfectant to treat the coronavirus drew waves of criticism, President Trump may cut back on his appearances at daily press briefings on the pandemic, White House and GOP officials tell AP. 👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻 His 'role' never had to include his input, his hunches, or his face. He read the writings of others like a 5th grader forced to do a current events speech
Source: AP - 🏆 728. / 51 Read more »

White House staff tries to make unhinged Trump sound reasonableEven in the face of, for example, the President's suggestion that injecting disinfectants might have promise in fighting Covid-19, some in the White House staff apparently can sleep at night by telling themselves it would be worse if they weren't around. They may be right, writes John Avlon, but they remain complicit. JohnAvlon Opinion “Some” more anonymous people who just happen to talk to “media” who have been trying to pull America apart for the past 3+ years.... JohnAvlon Opinion CNN: Every day, some new bullshit JohnAvlon Opinion FakeNewsCNN
Source: CNN - 🏆 4. / 95 Read more »