Mulvaney Admits In Private There’s A Chance Of A ‘Moderate And Short’ Recession

WASHINGTON, DC - JULY 09: Acting White House Chief of Staff Mick Mulvaney listens during a meeting between U.S. President Donald Trump and Qatari Emir Sheikh Tamim bin Hamad Al Thani in the Oval Office at the White H... WASHINGTON, DC - JULY 09: Acting White House Chief of Staff Mick Mulvaney listens during a meeting between U.S. President Donald Trump and Qatari Emir Sheikh Tamim bin Hamad Al Thani in the Oval Office at the White House July 9, 2019 in Washington, DC. The two leaders held a bilateral meeting to discuss regional issues. (Photo by Alex Wong/Getty Images) MORE LESS

While President Trump finally admitted his administration is weighing a payroll tax cut to avoid a recession, he and other top White House officials have been working overtime to tout the strength of the U.S. economy, a necessary component of President Trump’s reelection bid.

In private, it’s a different story.

According to Politico, during a fundraising luncheon in Wyoming this week, which was hosted by first daughter Ivanka Trump and Trump son-in-law Jared Kushner, acting White House Chief-of-Staff Mick Mulvaney admitted to a but of anxiety. According to an attendee who spoke to Politico, Mulvaney told the crowd of wealthy Republicans that if a recession were to occur it would be “moderate and short.”

Read the full report here. 

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  1. Avatar for docd docd says:

    Yikes. If we apply the GOP Reality Protection translator to this, we may learn that this will be a doozy.

  2. Mulvaney is DeadManWalking. Recantation, Apology Tour and Resignation within 14 days.

  3. Garsh, I wonder who mighta leaked this anti-Mulvaney leak to Politico coughJAVANKAcough.

  4. Heresy.

    No one ever expects the Trump Inquisition.

  5. Avatar for erik_t erik_t says:

    It’s actually pretty fucking scandalous that top Republican donors are getting different economic guidance from the executive branch than is being offered to rank-and-file Americans.

    Even if that guidance is simultaneously obvious (we’re in danger of falling into a recession) and hopelessly wrong (we can be sure of its magnitude and duration).

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