Even as coronavirus deaths hit 80,000 and the unemployment rate jumps to a level not seen since the Great Depression, the president is maintaining rosy messaging on the future of the economy
Even as coronavirus deaths mount and infections make inroads into the White House, President Donald Trump is maintaining his upbeat message about reopening the country and restarting the economy.
That was the reaction among White House aides on Friday to the 14.7 percent unemployment rate: happiness that the figure wasn’t as high as it could have been. Aides were also heartened by the statistic that roughly 18 million of the 23.1 million unemployed Americans said they were “I remember working in the White House in 2009 and feeling the world was ending when we lost roughly 700,000 job a month,” said Jesse Rothstein, a former senior economist in the Obama administration who is now a professor of public policy and economics at the University of California, Berkeley. “Now, we lost 20 million jobs in one month. There is just no comparison.”
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