Jason Furman, former Chair of the Council of Economic Advisers, joins Lawrence O’Donnell to discuss why he thought the July jobs report was “wonderful” in seeing continued signs of economic recovery and how the Biden policies like infrastructure will continue to help grow the economy better than it was pre-pandemic: “We don’t just need to repair the damage. A lot of what’s coming next is to build something better.”
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There ya go…. All you right wingers who blew a capillary over the economy a few months ago… you were wrong… Congrats
LOL
@FAFO No, that’s what the economists say you fermented pancake….
You were blowing behind the gentleman’s club.
People going back to their jobs isn’t adding jobs. Lol
“I mean, those lights that are just shooting out from the Lincoln Memorial along the Reflecting Pool, it is like almost extensions of Joe Biden’s arms embracing America.” —David Chalian
That was four days ago…five days ago!
@gritos incoherentes
IKR ?
A true *leader in the WH..
Such a joke..
He was actually hugging the Afghan people.
I’d Ilike to know how many bankruptcies have occurred in the last 6 months?
Joe Biden’s huge achievements before his removal from office.
@The Homeless Travel Network Airways Is that anything like traitor 45 killing 600,000 people and wrecking the economy before he goes to prison?…
@The Homeless Travel Network Airways
What are yours gramps?
@INCARNATE You are delusional.
I’m pretty sure Trump had a few!
BS.. inflation to the roof, gas prices are up, so is everything.. the $US worth nothing..
Such a propaganda shallow MSNBC..
Who are you trying to fool?!
No one would categorize the inflation as
” Through the roof” …..
Gas prices “and everything” are included in inflation
And the dollar is doing fine
No one’s trying to fool anyone, but the fools will expose themselves…
You obviously don’t know anything about rebuilding the economy. Inflation is normal when building up from a recession.
@Freedom
Clearly you know nothing about numbers and percentages since your momma feeds you the bacon that makes you constipated
Can u define inflation and its causes. FYI we have issues with the supply chain because of anti vax and cases are surging. America is doing much greater than any country in the entire planet. Do your research and learn to appreciate
Thank you, President Biden, for bringing back all the jobs that Trump lost.
@ILLEGITIMATE DEMENTED Joe it seems you are the one being fooled. If you don’t like the numbers don’t attack the news corporations, attack the people that released the numbers
@ILLEGITIMATE DEMENTED Joe
Quiet old man from CANADA.
You know nothing about economics.
You’re just a shallow old man sucked into his bible thumping political rhetoric.
Lol, y’all demanded lockdowns then blame others for the economy you destroyed?
@ILLEGITIMATE DEMENTED Joe all Trump’s fault.
@Ayn Rand Trump had the worst economy since the great depression. He will go down as Worst President ever.
🇺🇸 hates woke liberals since the Afghan people falling from airplanes!
🇺🇸 Trump Won 🇺🇸
Now Trump that’s how you Sarcasm
now report about the mountain of INFLATION dropping on your heads…
Trump supporter talking smack like a tough kindergartner. 😂
@B. T. If you are not worried about inflation and our massive debt then you are a fool.
@B. T.
Am i wrong though??
@Ayn Rand
Our economic data shows we our outpacing the Chinese and we are outpacing the world.
Economic recovery that we have never documented before.
Consumers with extra trillions in savings, businesses eager to hire, businesses sitting on cash, infrastructure plan is another stimulus to our economy.
American household debt is near or at the low levels of 1980.
I really can’t respond to the non Americans in this thread.
Since they think they know the American experience via a Wi-Fi connection.
Information that I have posted is available from Bloomberg, WSJ, Forbes etc.
Pick your poison.
I’m actually doing way better than I was a few years ago when the economy was supposedly doing well (I’m not in the stock market, which I think was the only ones doing well at that time). Anyway, I finally have a savings and not living paycheck to paycheck.
Im not in the stock market I got fired in 2011 under Obama im a cook. The reason I got fired is my wage was to high for the new employer. They immediately started firing American citizens at this restaurant to hire illegals at a lower wage. It took me until 2016 for my wage to finally rise I was doing great until 2021. My wage is pretty good but I struggle more now I live pay check to pay check inflation is killing me financially. Its sad to say in the pandemic I saved not its gone and I’m hurting. It s going to get worse this bill is going to put alot of us under water. Democrats are killing the economy gas and goods are to expensive.
Anyone saying today’s economy is better is flat out lying. Paying more for less. How is that better? You can’t cover for Joe’s failures. No matter how hard you try. You can’t. It’s that bad
@Oppressed Speaker of truth it’s 100% better than when Trump was in office.
@Bruce sure pal
@Bruce I agree. The middle class (the real middle class) is doing better (just a little but better than in 2020).
But how can Biden be the most successful president in history when it comes to the economy, when he never started a scam university, played the role of a business tycoon on a reality TV show, or inherited hundreds of millions from his daddy?
And who is playing all those important rounds of golf that did so much for the economy during the Trump presidency?
@Andrew Mitchell The economy of one…the golf course owner, of course.
Democrats are meanwhile adding record employment numbers, ramping up vaccinations, creating economic growth and lifting children out of poverty. Build Back Better.
These fools don’t see the waves of homeless people all of a sudden in their gated communities
Uncle Joe cant get anything right, everything reeks inflation, gas prices are bullocks, its everyman for himself. The good thing is people are getting to know cash is pretty much stone age at this point, it is designated to fail eventually, 3 BEST and surprisingly easy ways to double or hold your funds in 2021; Real Estate, Gold, Who can guess the 3rd??
@Mitch Reynolds I worked with Ashley Elizabeth Alson, She’s been in the news when she revived Preemark company in 2019, met her at an annual fundraiser in Boston. You can look her up on the web for info on her work
@Kirsteen Luna
The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees drain your portfolio. Is this the case with yours too?
@John Autumn
Cant say I can relate, Ashley’s charge is one-off and very much reasonable when compared to what I benefit from her expertise
@Kirsteen Luna I will be checking this out, thanks a bunch for sharing
Every economist said trumps tax policy would increase deficit spending and cause inflation. They were right.
Omg. Baghdad Bob’s brother? The Biden economy is a mess
Harvard has had a very dark history. Not a good place at all
Lol. I’m also a economist. I had to laugh at this video sorry. Remember one thing people lie but your wallet always speaks the truth. In 6 months time you will be the judge not him or me
Just imagine if Covid wasn’t surging thanks to the unvaccinated, we’d be in a good position as one of the few countries fully open and highly vaccinated.
Plague and Disease are bad for business who would have thought?
Our nest egg is almost spent!!
Nope
The rich are getting better!