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Trump Says U.S. May Suffer A Recession, But Are We Already There? | The 11th Hour | MSNBC

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SOMETHING THAT WE NEVER EXPECTED WOULD HAPPEN IN THE UNITED WOULD HAPPEN IN THE UNITED STATES WITH A PANDEMIC RESPONSE STATES WITH A PANDEMIC RESPONSE

>> AND, JONATHAN, THIS IS THE >> AND, JONATHAN, THIS IS THE PRESIDENT WHO AT THE CDC, WITH PRESIDENT WHO AT THE CDC, WITH CAMERAS ROLLING, SAID TO CAMERAS ROLLING, SAID TO AMERICANS, IF YOU WANT A TEST, AMERICANS, IF YOU WANT A TEST, IF YOU NEED A TEST, YOU CAN GET IF YOU NEED A TEST, YOU CAN GET A TEST A TEST >> AND HE DID SO WEARING HIS >> AND HE DID SO WEARING HIS CAMPAIGN HAT CAMPAIGN HAT THERE HAS BEEN SUCH A THERE HAS BEEN SUCH A SCATTERSHOT APPROACH FROM THIS SCATTERSHOT APPROACH FROM THIS WHITE HOUSE SO FAR TO THE WHITE HOUSE SO FAR TO THE FRUSTRATION OF SOME OF THE FRUSTRATION OF SOME OF THE PEOPLE AROUND THE PRESIDENT

PEOPLE AROUND THE PRESIDENT FOR A FEW DAYS THERE, IT SEEMED FOR A FEW DAYS THERE, IT SEEMED AS IF THE VICE PRESIDENT AND AS IF THE VICE PRESIDENT AND DR FAUCI WERE MORE OR LESS DR FAUCI WERE MORE OR LESS TALKING WITH ONE VOICE, TRYING TALKING WITH ONE VOICE, TRYING TO PRESENT FACTS, INFORMATION, TO PRESENT FACTS, INFORMATION, GUIDELINES TO THE AMERICAN GUIDELINES TO THE AMERICAN PUBLIC WHILE THE PRESIDENT PUBLIC WHILE THE PRESIDENT HIMSELF WOULD SEEMINGLY BE IN HIMSELF WOULD SEEMINGLY BE IN A — DEALING WITH A DIFFERENT A — DEALING WITH A DIFFERENT CRISIS ALTOGETHER IN HIS TWEETS CRISIS ALTOGETHER IN HIS TWEETS AND PUBLIC COMMENTS THAT SEEMED AND PUBLIC COMMENTS THAT SEEMED SO DETACHED FROM REALITY SO DETACHED FROM REALITY

THAT CHANGED A LITTLE BIT TODAY THAT CHANGED A LITTLE BIT TODAY ALTHOUGH, AGAIN, WE’LL SEE IF IT ALTHOUGH, AGAIN, WE’LL SEE IF IT LASTS LASTS I WOULDN’T BANK ON IT I WOULDN’T BANK ON IT BUT THERE’S CERTAINLY SEEMINGLY BUT THERE’S CERTAINLY SEEMINGLY A NEW UNDERSTANDING OF HOW DIRE A NEW UNDERSTANDING OF HOW DIRE THINGS ARE RIGHT NOW AND HOW THINGS ARE RIGHT NOW AND HOW IT’S ONLY GOING TO GET WORSE

IT’S ONLY GOING TO GET WORSE WE HEARD THE PRESIDENT TODAY — WE HEARD THE PRESIDENT TODAY — I MEAN HE AGREED WITH THE IDEA I MEAN HE AGREED WITH THE IDEA THERE COULD BE A RECESSION, THERE COULD BE A RECESSION, WHICH OF COURSE IS A TOXIC WHICH OF COURSE IS A TOXIC CONCEPT FOR ANY INCUMBENT CONCEPT FOR ANY INCUMBENT HEADING INTO A RE-ELECTION YEAR, HEADING INTO A RE-ELECTION YEAR, WHICH HE OF COURSE IS, SOMETHING WHICH HE OF COURSE IS, SOMETHING HE DIDN’T WANT TO DARE MENTION HE DIDN’T WANT TO DARE MENTION ANYTIME BEFORE ANYTIME BEFORE HE OF COURSE, AS WE DISCUSSED, HE OF COURSE, AS WE DISCUSSED, SAID THIS WOULD WRAP UP IN A SAID THIS WOULD WRAP UP IN A COUPLE OF WEEKS, AND NOW HE’S COUPLE OF WEEKS, AND NOW HE’S SAYING IT WILL BE MONTHS SAYING IT WILL BE MONTHS

THIS IS, THOUGH — YOU KNOW, THIS IS, THOUGH — YOU KNOW, THIS IS AN ADMINISTRATION, THIS IS AN ADMINISTRATION, THEY’RE WAITING FOR THE SENATE THEY’RE WAITING FOR THE SENATE TO GET INTO SESSION NOT JUST FOR TO GET INTO SESSION NOT JUST FOR THIS FUNDING BILL, BUT THERE’S THIS FUNDING BILL, BUT THERE’S GOING TO BE MORE GOING TO BE MORE THERE’S GOING TO BE ADDITIONAL THERE’S GOING TO BE ADDITIONAL FUNDING FUNDING THERE’S GOING TO BE TALK OF A THERE’S GOING TO BE TALK OF A MAJOR STIMULUS NEEDED TO PROP UP MAJOR STIMULUS NEEDED TO PROP UP THE ECONOMY HERE AS THE REAL THE ECONOMY HERE AS THE REAL EFFECTS OF THIS GET WORSE

EFFECTS OF THIS GET WORSE AND MORE THAN ANYTHING, THAT IS AND MORE THAN ANYTHING, THAT IS WHAT THIS WHITE HOUSE IS BRACING WHAT THIS WHITE HOUSE IS BRACING FOR FOR THEY ARE SEEING THAT THEY THEY ARE SEEING THAT THEY SUSPECT THAT THE NUMBER OF CASES SUSPECT THAT THE NUMBER OF CASES ARE GOING TO SURGE IN THE NEXT ARE GOING TO SURGE IN THE NEXT FEW WEEKS, AND AMERICANS REALLY FEW WEEKS, AND AMERICANS REALLY DON’T KNOW WHAT’S COMING DON’T KNOW WHAT’S COMING

>> STEPH, GO AHEAD >> STEPH, GO AHEAD >> BRIAN, I WOULD JUST SAY AND >> BRIAN, I WOULD JUST SAY AND PEOPLE ACROSS THE BOARD ARE PEOPLE ACROSS THE BOARD ARE WANTING SOLIDARITY FROM BUSINESS WANTING SOLIDARITY FROM BUSINESS LEADERS, MEDICAL PROFESSIONALS, LEADERS, MEDICAL PROFESSIONALS, AND THE WHITE HOUSE AND THE WHITE HOUSE AND JONATHAN MAKES A GREAT POINT AND JONATHAN MAKES A GREAT POINT THAT THE PRESIDENT IS MAKING THAT THE PRESIDENT IS MAKING THIS TURN TODAY, BUT IT WAS THIS TURN TODAY, BUT IT WAS EARLIER THIS MORNING HIS EARLIER THIS MORNING HIS ECONOMIC ADVISER, LARRY KUDLOW, ECONOMIC ADVISER, LARRY KUDLOW, REITERATED THAT THIS IS A GOOD REITERATED THAT THIS IS A GOOD TIME TO BUY STOCKS IF YOU’RE A TIME TO BUY STOCKS IF YOU’RE A LONG-TERM INVESTOR

LONG-TERM INVESTOR I CAN TELL YOU SOME OF THE I CAN TELL YOU SOME OF THE BIGGEST INVESTORS IN THE WORLD BIGGEST INVESTORS IN THE WORLD RIGHT NOW DO NOT CARE WHETHER OR RIGHT NOW DO NOT CARE WHETHER OR NOT IT’S A GOOD TIME TO BUY NOT IT’S A GOOD TIME TO BUY STOCKS STOCKS THEY SEE THIS AS THE MASSIVE THEY SEE THIS AS THE MASSIVE HEALTH CRISIS THAT IT IS, AND IT HEALTH CRISIS THAT IT IS, AND IT IS NOT JUST LARRY KUDLOW IS NOT JUST LARRY KUDLOW

YESTERDAY, YESTERDAY TREASURY YESTERDAY, YESTERDAY TREASURY SECRETARY STEVE MNUCHIN SAID HE SECRETARY STEVE MNUCHIN SAID HE DOESN’T SEE A RECESSION COMING DOESN’T SEE A RECESSION COMING SURVEY ANY PROFESSIONAL INVESTOR SURVEY ANY PROFESSIONAL INVESTOR ON PLANET EARTH, AND THEY WILL ON PLANET EARTH, AND THEY WILL SAY, YES, WITHOUT A DOUBT WE’RE SAY, YES, WITHOUT A DOUBT WE’RE GOING TO FACE ONE GOING TO FACE ONE WE’RE IN ONE RIGHT NOW

WE’RE IN ONE RIGHT NOW IT’S A GLOBAL RECESSION IT’S A GLOBAL RECESSION SO TO SEE THE WHITE HOUSE SO TO SEE THE WHITE HOUSE CONTINUE TO TRY TO PLAY THIS

Source: Youtube

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