WOW-- Federal Reserve chairman Jerome Powell, on 60 Minutes

[kpete]

“This economy will recover. It may take a while. It may take a period of time. It could stretch through the end of next year. We really don’t know.”

https://www.cbsnews.com/news/federal-reserve-chair-jerome-powell-60-minutes-2020-05-15/
https://politicalwire.com/2020/05/17/quote-of-the-day-2567/.

[agingdem]

1. However according to the idiot that appointed you

and hates that you haven't resigned yet...can you explain why my grandmother has to die for a much faster economic recovery?

[underpants]

2. Small businesses are going to be crushed

We saw a house for sale in our newish neighborhood and it was just bought in December. I’d guess someone lost their job immediately after buying it and they had to put it back on the market

[dem4decades]

3. Hope he has his resume ready. Next year is going to be tremendous.

Trump has a hunch.

[I_UndergroundPanther]

4. That's why stimulus payments need to be

Monthly for a year. Can't make money without customers.

Dumb republicans like to avoid this fact. They love fucking over poor and working poor people. They believe in a caste system.

[DBoon]

6. They see this as a great way to get cheap desparate labor

They never got over the abolition of slavery

[I_UndergroundPanther]

8. I don't know why people dont

Put republicans in thier place. They are a coup. A coup of traitors recusitating slavery.

People need to take these fuckers and remove them from power permanently. Who cares what a bunch of narcissitic ignorant fucknuts believe. The assholes are traitors like the monsters they worship. It's about time someone told these snowflakes to grow the fuck up. And lose all tolerance for thier bullshit.
Fuckem.

[Newest Reality]

5. Which economy?

The one that was on its last legs already, or the one that is owned by the 1%?

The only problem for the 1% is the their huge vacuum cleaner that sucks everything out of all of us won't be picking up much gushing up. That might be a problem for THEIR economy, however it all the socialism and welfare they are getting seems to be shoring up the accumulations and big parties.

Our economy, on the other hand, can't and won't recover until the above is rectified because Disaster Capitalism and Vulture Capitalism are going to go into high gear for anything left down here. I am not sure what crumbs and keepsakes will do for them, but the addiction is strong and they need a regular fix.

[leftyladyfrommo]

7. That will cause another shitstorm.

So much hatred and so little time to spew it all out.