Senator John Cornyn

@JohnCornyn ↗

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Last Checked Sept. 16, 2022

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Fri Sep 02 06:34:08 +0000 2022

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Senator John Cornyn @JohnCornyn

Powell “buried the concept of a soft landing” with his Aug. 26 speech in Jackson Hole, Wyoming, said Diane Swonk, chief economist at KPMG. Now, “the Fed’s goal is to grind inflation down by slowing growth below its potential,” which officials peg at 1.8%. — PolitiTweet.org

Posted Sept. 2, 2022

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Senator John Cornyn @JohnCornyn

The trouble is, even that may not be enough. It’s known to economists by the paradoxical name of a “growth recession.” Unlike a soft landing, it’s a protracted period of meager growth and rising unemployment. But it stops short of an outright contraction of the economy. — PolitiTweet.org

Posted Sept. 2, 2022

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Senator John Cornyn @JohnCornyn

RT @AdamLaxalt: I just drove by a gas station selling $5 gas in rural Nevada. Meanwhile Biden spent his night attacking half of America wh… — PolitiTweet.org

Posted Sept. 2, 2022 Retweet