Biden Adviser Landrieu on Negative Economic Projections: ‘We Don’t Need Expectations’ Because We Hav

[mystery-ak]

Biden Adviser Landrieu on Negative Economic Projections: ‘We Don’t Need Expectations’ Because We Have Good Numbers Now

Ian Hanchett 3 Jun 2022

On Friday’s “CNN Newsroom,” White House Senior Adviser and Infrastructure Implementation Coordinator Mitch Landrieu responded to concerns about the economy from people like Larry Summers, Jamie Dimon, and Elon Musk by stating that “We don’t need expectations.” Because current numbers are good. He added that while inflation is a challenge, “the president’s economic policies have put us in a very strong position to move through this very difficult time.”

Co-host Victor Blackwell asked, “Elon Musk, add his name to the list of people who are concerned about the economy. Larry Summers, Jamie Dimon on the list. Musk says that he has a ‘super bad feeling’ about the economy. You reminded me on Wednesday you’re not an economist, I got you, but they put you forward to talk about the jobs report and the economy. What is the White House’s expectation, projection for what’s ahead?”

Landrieu responded, “Well, a couple of things: We don’t need expectations. Today, we got a really robust number that came out. That speaks for itself. You also noted at the top that we have the lowest unemployment rate in a very, very long time. As I said the other day, household debt is down, savings are up, jobs are up, wages are up. Just earlier this week, Ford announced that they were going to invest another $3.1 billion in constructing a number of plants around the country for EV infrastructure. So, those numbers look good. What the president was saying, though, is that he completely understands that, notwithstanding all of those numbers, and how strong we are in a position to go forward, that inflation continues to be a challenge. He laid out an agenda for dealing with that the other day. He spoke to it again today. We’re in a difficult time. There’s no question that we’re in an economic challenge. But the bigger point is that the president’s economic policies have put us in a very strong position to move through this very difficult time.”

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https://www.breitbart.com/clips/2022/06/03/biden-adviser-landrieu-on-negative-economic-projections-we-dont-need-expectations-because-we-have-good-numbers-now/

[christian]

The government in the beltway crowd, by the way consisting of millionaire/billionaires, do not feel threatened by the way the economy is going.  What difference does it matter how the rest of the nation views it!  After all, what happens to the in the beltway crowd is as little as the in the beltway crowd are concerned anyway.  As Marie Ant..said; Let them eat cake (screw you!)  So many fought for us to get where we are now at, guess what, you're going down with us.  The in the beltway crowd are not crying, laughing far more like it.  After all, the rich can insulate themselves pretty darn well.  Or didn't cha notice?  Ask a NeverTrumper how we get out of this mess they worked so hard to help democrats get us into!