Trump economic adviser admits that the government shutdown may halt growth this quarter
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Calls escalate for Trump to end shutdown and trade war amid fears of economic slowdownThe mood is noticeably more somber as government, business and nonprofit leaders from around the world are gathering this week in Davos, Switzerland, for the annual World Economic Forum.
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U.S. economy could see zero growth if shutdown continues, White House adviser says“The second-quarter number would be humongous if the government reopened. It would be like 4 or 5 percent,” Kevin Hassett, chairman of Trump’s Council of Economic Advisers, told CNN.
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Fmr. Trump Exec on Pelosi: Trump 'sensitive' to powerful womenThe Government shutdown echoes Trump’s Atlantic City casino bankruptcy. Former Trump Casino Executive, Jack O’Donnell tells Ari Melber Trump is handling the shutdown like the Casinos he ran into the ground. O’Donnell says Trump “crushed” business with his “reckless spending” and is “doing the same thing with our Country”. O’Donnell also comments on Trump facing off with Speaker Nancy Pelosi, telling “The Beat” Trump is “sensitive” to women being in executive roles and likely finds it “perplexing” to be dealing with Pelosi on the shutdown.
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