Obama’s Top Economist Says ‘Best Economic Data In History’ About To Happen In U.S.
By Eric A. Blair
Published May 26, 2020 at 4:41pm
“We are about to see the best economic data we’ve seen in the history of this country.â€
That’s what former president Jason Furman, a top economist in the Obama administration and now a professor at Harvard, told a large bipartisan group of top officials from both parties in a Zoom party last week, according to Politico.
The former cabinet secretaries and Federal Reserve chairs in the Zoom boxes were confused, though some of the Republicans may have been newly relieved and some of the Democrats suddenly concerned.
“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 GDP growth ever.
Since the Zoom call, Furman has been making the same case to anyone who will listen, especially the close-knit network of Democratic wonks who have traversed the Clinton and Obama administrations together, including top members of the Biden campaign.
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