US economy

Heidi Zhou-Castro

Inserted 2 years ago

“What that means [considerations of Treasury Secretary Janet Yellen who estimated that if Congress fails to act a historic debt default could occur around October 18] is that at that point, the US will no longer be able to borrow more money to pay its bills - that has never happened before in history. And economists are saying if that does happen, it could be disastrous, throwing the US economy into recession and echoing across global markets.”

Aljazeera

Al Jazeera’s journalist reporting from Capitol Hill

30 Sep 2021 6 4

Janet Yellen

Inserted 2 years ago

“It is imperative that Congress address the debt limit. If not, our current estimate is that Treasury will likely exhaust its extraordinary measures by October 18. At that point, we expect Treasury would be left with very limited resources that would be depleted quickly. America would default for the first time in history. The full faith and credit of the United States would be impaired, and our country would likely face a financial crisis and economic recession as a result.”

Aljazeera

United States Secretary of the Treasury

28 Sep 2021 5 2

Mitch McConnell

Inserted 2 years ago

“President Biden's proposal would drown American families in debt, deficits, and inflation.”

Reuters

US Senate Republican Leader

28 May 2021 2 2

Bernie Sanders

Inserted 2 years ago

“The most significant agenda for working families in the modern history of our country.”

Reuters

Senate Budget Committee Chairman

28 May 2021 0 2

Janet Yellen

Inserted 2 years ago

“I expect it to last, however, for several more months and to see high annual rates of inflation through the end of this year. As the economy gets back on line, it is going to be a bumpy process.”

Taiwannews

United States Secretary of the Treasury

27 May 2021 2 2

Oren Klachen

Inserted 3 years ago

“Stronger US growth compared to trading partners will lead the trade deficit to grow in 2021. US domestic demand will keep a strong pull on imports, thanks to improved health conditions, re-openings and historic fiscal expansion.”

Aljazeera

Lead US economist

04 May 2021 4 2

Jeff Bezos

Inserted 3 years ago

“We recognize this investment will require concessions from all sides - both on the specifics of what's included as well as how it gets paid for (we're supportive of a rise in the corporate tax rate). We look forward to Congress and the Administration coming together to find the right, balanced solution that maintains or enhances U.S. competitiveness.”

Bbc

Founder and CEO of the multi-national technology company Amazon

06 Apr 2021 2 3

Joe Biden

Inserted 3 years ago

“I'm going to push as hard as I can to change the circumstances so we can compete with the rest of the world. Everybody else in the rest of the world is investing in infrastructure and we're going to do it here.”

Reuters

President of the United States

05 Apr 2021 1 2

Jerome Powell

Inserted 3 years ago

“We are not living the downside case we were so concerned about the first half of the year. We have a prospect of getting back to a much better place in the second half of this year.”

Reuters

Federal Reserve Chair

24 Feb 2021 0 2

Joe Biden

Inserted 3 years ago

“We need to help the states economically in terms of unemployment. The federal government has a major role to play here.”

Reuters

President of the United States

12 Feb 2021 0 3

Joe Biden

Inserted 3 years ago

“I support passing COVID relief with support from Republicans, if we can get it, but the COVID relief has to pass. There's no ifs, ands or buts.”

Pbs

President of the United States

29 Jan 2021 1 3

Joe Biden

Inserted 3 years ago

“We need more direct relief flowing to families, small businesses, including finishing the job of getting people that $2,000 relief direct payment. $600 is simply not enough.”

Reuters

President-elect of the United States

08 Jan 2021 0 2

Joe Biden

Inserted 3 years ago

“It is the day after Christmas, and millions of families don't know if they’ll be able to make ends meet because of President Donald Trump’s refusal to sign an economic relief bill approved by Congress with an overwhelming and bipartisan majority. This abdication of responsibility has devastating consequences. This bill is critical. It needs to be signed into law now. But it is also a first step and down payment on more action that we'll need to take early in the new year to revive the economy and contain the pandemic - including meeting the dire need for funding to distribute and administer the vaccine and to increase our testing capacity.”

Thehill

President-elect of the United States

26 Dec 2020 3 5

Donald Trump

Inserted 3 years ago

“I simply want to get our great people $2000, rather than the measly $600 that is now in the bill. Also, stop the billions of dollars in 'pork'.”

Twitter

President of the United States of America

26 Dec 2020 1 5

Beth Akers

Inserted 3 years ago

“At this rate, complete stagnation or job losses in December would not be a huge surprise. It’s hard to imagine that the remaining jobs we lost early this spring will return until we’ve successfully distributed a vaccine that would allow businesses to return to normal operations.”

Reuters

Senior fellow at the Manhattan Institute

04 Dec 2020 4 3

Sung Won Sohn

Inserted 3 years ago

“The recovery is stalling and fragile at best. The onset of winter and resurgence of the virus could knock the economy into another dip before the vaccine and additional stimulus from Washington come to the rescue.”

Reuters

Finance and economics professor at Loyola Marymount University in Los Angeles

04 Dec 2020 1 3

Mitch McConnell

Inserted 3 years ago

“I gather she (Pelosi) and the Democratic leader in the Senate still are looking at something dramatically larger. That’s not a place I think we’re willing to go. But I do think there needs to another package. Hopefully we can get past the impasse.”

Reuters

US Senate Republican Leader

12 Nov 2020 1 4

Nancy Pelosi

Inserted 3 years ago

“It’s like the house is burning down and they just refuse to throw water on it”

Reuters

Speaker of the United States House of Representatives

12 Nov 2020 0 3

Ted Cruz

Inserted 3 years ago

“If people are going back to work, if they’re optimistic, if they’re positive about the future, we could see a fantastic election: the president getting reelected with a big margin, Republicans winning both Houses of Congress. But I also think if on Election Day, people are angry and they’ve given up hope and they’re depressed, which is what Pelosi and Schumer want them to be, I think it could be a terrible election. I think we could lose the White House and both houses of Congress, that it could be a bloodbath of Watergate proportions.”

Star-telegram

US Senator for Texas

09 Oct 2020 7 2

Jerome Powell

Inserted 3 years ago

“Those are things that hold back our economy. If we want to have the highest potential output and the best output for our economy, we need that prosperity to be very broadly spread.”

Apnews

Federal Reserve Chair

21 Sep 2020 2 2

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Ipse Dixit

Ipse Dixit

Context

IPSE'S AUTHORS LAST 24h

IPSEs IN THE LAST 24H

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“President Biden's proposal would drown American families in debt, deficits, and inflation.”

“The most significant agenda for working families in the modern history of our country.”

“I expect it to last, however, for several more months and to see high annual rates of inflation through the end of this year. As the economy gets back on line, it is going to be a bumpy process.”

“Stronger US growth compared to trading partners will lead the trade deficit to grow in 2021. US domestic demand will keep a strong pull on imports, thanks to improved health conditions, re-openings and historic fiscal expansion.”

“I'm going to push as hard as I can to change the circumstances so we can compete with the rest of the world. Everybody else in the rest of the world is investing in infrastructure and we're going to do it here.”

“We are not living the downside case we were so concerned about the first half of the year. We have a prospect of getting back to a much better place in the second half of this year.”

“We need to help the states economically in terms of unemployment. The federal government has a major role to play here.”

“I support passing COVID relief with support from Republicans, if we can get it, but the COVID relief has to pass. There's no ifs, ands or buts.”

“We need more direct relief flowing to families, small businesses, including finishing the job of getting people that $2,000 relief direct payment. $600 is simply not enough.”

“I simply want to get our great people $2000, rather than the measly $600 that is now in the bill. Also, stop the billions of dollars in 'pork'.”

“At this rate, complete stagnation or job losses in December would not be a huge surprise. It’s hard to imagine that the remaining jobs we lost early this spring will return until we’ve successfully distributed a vaccine that would allow businesses to return to normal operations.”

“The recovery is stalling and fragile at best. The onset of winter and resurgence of the virus could knock the economy into another dip before the vaccine and additional stimulus from Washington come to the rescue.”

“I gather she (Pelosi) and the Democratic leader in the Senate still are looking at something dramatically larger. That’s not a place I think we’re willing to go. But I do think there needs to another package. Hopefully we can get past the impasse.”

“It’s like the house is burning down and they just refuse to throw water on it”

“Those are things that hold back our economy. If we want to have the highest potential output and the best output for our economy, we need that prosperity to be very broadly spread.”

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