Free Republic

Inflation is always and everywhere a monetary phenomenon, as Milton Friedman, the economist and intellectual author of the Reagan Revolution used to explain. Which means that when Federal Reserve prints out more cash to shell out for bigger and bigger government programs, look out. Inflation is on the way. Don't take this from me, this time. It's now what one of President Obama's top economic advisors is now warning as Joe Biden gets ready to sign the $1.7 trillion Omnibus bill passed by Congress, including 18 skeevy Republicans: On Friday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as...

On Thursday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that there is a bit of “schizophrenia” in our energy policy where “We’ve been discouraging oil companies from maintaining refineries or opening new ones. Because we theoretically are going to transition away from gasoline.” But the problem is, there was a “misjudgment as to how long of a transition it was going to be and what we needed to do to make the transition work.” Rattner stated that “refining capacity has gone down” due to refineries shutting down...

An economic analyst for MSNBC’s Morning Joe ripped President Joe Biden for evading his responsibility behind the current inflation crisis. Willett Advisors LLC CEO Steven Rattner accused Biden of passing the buck on inflation in a guest essay for The New York Times headlined, “Biden Keeps Blaming the Supply Chain for Inflation. That’s Dishonest.” Biden told NBC anchor Lester Holt in an interview that “[t]he reason for the inflation is the supply chains were cut off.” Rattner didn’t mince words: “Well, no. That’s both simplistic and misleading.” Rattner mocked Biden for pointing to supply chain issues as the cause of...

On Friday’s broadcast of Bloomberg TV’s “Wall Street Week,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, said that it will “take multiple years” to work inflation out of the economy, and “it is going to be painful. And it’s going to be painful for growth. It’s going to be painful for jobs.”

“Morning Joe” hosts Joe Scarborough and Mika Brzezinski butted heads Wednesday on the topics of gun and police reform. Former Obama economic adviser Steve Rattner posed the question of why murder rates are “suddenly going up now” across the United States. Scarborough said he could answer the question, but it would make people “really mad.” “You know, people don’t want to know the answer,” Scarborough stated. “They don’t want to know the answer why those crimes are going up.” He added, “I give them the answer — they get really mad. So, we just won’t give it. You know why....

VIDEO One thing you can count on with MSNBC economic analyst Steve Rattner is that he is ALWAYS wrong. Here we see the April 2020 Steve Rattner being contradicted by the September 4, 2020 Steve Rattner over the plunging unemployment numbers. However, the one thing that both Steve Rattners agree upon is that no matter how slow or fast the unemployment rate drops, it always means bad news for President Trump.

VIDEO Democrat economist Steve Rattner who, as you can see, predicted doom and gloom for employment in April was absolutely SHOCKED by the May jobs report which showed a sharp rise in employment. Also note that back in April he seemed to hopefully anticipate double-digit unemployment on Election Day. A possibility that was probably shattered by the latest jobs report.

VIDEO The economics analyst for the Morning Joe show, Steve Rattner, concedes that there would have been no way to avoid a hit to the economy and higher unemployment due to the current crises but then goes on to say that if "we" (meaning Trump) had moved faster we would have had less of an economic hit and lower unemployment. You will also notice that Rattner is hyping a very very sloooooow recovery with unemployment remaining high without it returning to its previous level until 2023. Rattner's not very well hidden desire for unemployment to remain high is expressed...

The Morning Joe producer would have had to hit the bleep button multiple times this morning to stop Steve Rattner from blurting out all the good news about the economy. Democrat Rattner, President Obama's former "car czar" and Morning Joe's resident economist, painted a very positive picture of the economy heading into the 2020 election. Rattner even gave President Trump credit for the economy in various ways. And in statements likely to send Democrats scurrying for their emotional support animals, Rattner warned that the strong economy is "something for the Democrats to worry about," adding that the economy will be...

Dr. Robert Jeffress: "I predict the House flipping will give President Donald Trump a larger re-election majority win in 2020. Watch & share my interview from @LouDobbs Tonight on @FoxBusiness."

Three modelers are predicting President Trump will win reelection in 2020 based on a combination of economic data and incumbent advantages, according to a column in The New York Times. Steven Rattner wrote that Ray Fair of Yale favors Trump to win based on a model that combines incumbency and gross domestic product growth rates. The model predicted Barack Obama’s 2008 popular vote margin within a fraction of a percentage point and got within two-tenths of a point for his 2012 vote share, Rattner, who served as a counselor to the Treasury secretary during the Obama administration, added. The model...

The economy invariably ranks among the top issues on the minds of voters in presidential elections. At the moment, it appears to offer President Trump a meaningful tailwind. But how big is that tailwind? Fortunately, economists have worked hard to develop models for predicting election outcomes, and according to one of the best of these, it should be quite large. One of the first — and perhaps still the best — of these models was created by Ray Fair, a professor at Yale. He found that the growth rates of gross domestic product and inflation have been the two most...

teven Rattner, "car czar" and counselor to the Treasury secretary in the Obama administration, cites three different modelers in his N.Y. Times commentary, "Trump’s Formidable 2020 Tailwind." The big picture: Trump wins all three modelers. Economists predict that the tailwind is large. Ray Fair, a professor at Yale, "found that the growth rates of gross domestic product and inflation have been the two most important economic predictors — but he also found that incumbency was also an important determinant of presidential election outcomes." "Mark Zandi, the chief economist at Moody’s Analytics, has looked at 12 models, and Mr. Trump wins...

BREAKING … AP’S JILL LAWLESS in London: “Theresa May says she’ll quit as Conservative leader June 7”: “May announced Friday that will step down as U.K. Conservative Party leader on June 7, sparking a contest to become Britain’s next prime minister. She will stay as caretaker prime minister until the new leader is chosen, a process likely to take several weeks. The new Conservative leader would then become prime minister without the need for a general election.” AP IF PRESIDENT DONALD TRUMP has succeeded in anything over the last month or so, it’s this: He has dragged House Democrats into...

Steven Rattner, "car czar" and counselor to the Treasury secretary in the Obama administration, cites three different modelers in his N.Y. Times commentary, "Trump’s Formidable 2020 Tailwind." The big picture: Trump wins all three modelers. Economists predict that the tailwind is large. Ray Fair, a professor at Yale, "found that the growth rates of gross domestic product and inflation have been the two most important economic predictors — but he also found that incumbency was also an important determinant of presidential election outcomes." "Mark Zandi, the chief economist at Moody’s Analytics, has looked at 12 models, and Mr. Trump wins...

Donald Trump is absolutely convinced that he will win his re-election bid next year. The New York Times opinion section seems increasingly convinced he’s right. In the last three days, Gray Lady readers have gotten dire warnings that, even as unpopular as Trump seems to be, defeating him might be well-nigh impossible — at least for this current crop of Democrats.Steve Rattner, a former Treasury Secretary in the Barack Obama administration, writes today that it’s still the economy, stupid. The current boom times give Trump a formidable tailwind, Rattner warns, but not an insurmountable one: The economy invariably ranks...

On today's Morning Joe, Joe Scarborough twice referred to Donald Trump Jr., the eldest of President Trump's children, as "Fredo." That is, of course, a reference to the fictional character Fredo Corleone, the weak, least-intelligent of the children of the Godfather, Vito Corleone. After Scarborough's second use of "Fredo," Mika Brzezinski quietly corrected her husband: "you mean Don Jr." An unrepentant Scarborough responded: "okay, Don Jr., same thing." Panelist Steve Rattner, President Obama's former car czar, can be heard laughing in the background. Get the rest of the story and view the video here.

Under normal circumstances, Republicans would be poised to lose Tuesday’s midterm elections by a landslide. History says dozens of seats in the House of Representatives flip in the first midterm of a new presidential administration. But history is a guide, not a rule. And current the circumstances of the country are anything but normal. I’m not talking about President Donald Trump and his Twitter account, though that certainly is outside the usual. I’m talking about what it is the opposition party is offering and the idea that some people, perhaps enough to flip the House, might take it considering...

HER silver tongue honed by decades in corporate marketing, Carly Fiorina has used two debates, and a steely determination on the campaign trail, to climb near the top of the polls for the Republican nomination. But Americans should pause on her biggest professional credential for our highest office: a short, disastrous stint atop one of America’s iconic technology companies, Hewlett-Packard. The clearest measure of her performance — and the report card preferred by Wall Street — is H.P.’s stock price, which dropped by 52 percent during her tenure of almost six years. Yes, Mrs. Fiorina served during the worst fall...

John Heilemann was a rather reluctant witness. But when called on to testify, so to speak, Heilemann confirmed a stunning fact: that during the 2008 presidential race, it was Hillary Clinton who started the rumor that Barack Obama might not be a Christian. The matter arose when on today's Morning Joe. Joe Scarborough ripped Hillary's hypocrisy on Face the Nation yesterday for criticizing Republicans who question Obama's religion, "when it all started with her and her campaign passing things around in the [2008] Democratic primary." When Steve Rattner asked Heilemann, in his role as inside-campaign-baseball expert, to confirm whether Joe's...