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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Upping this thread to talk about current negotiations with the new Administration. Moderate GOP are meeting with Biden today. I hope he makes them feel embarrassed about coming to him with such a ridiculous lowball.[/quote] Their number is more reasonable than the $1.9 T that is filled with non-Covid crap. And, in terms of projections: [quote]The Congressional Budget Office upgraded its U.S. economic outlook, saying GDP growth will recover "rapidly." GDP is expected to return to its pre-pandemic size in mid-2021 and the labor force is forecast to rebound to its pre-pandemic level in 2022, the CBO said. Importantly, the CBO said its rosier projections do not assume any new stimulus, including President Joe Biden's $1.9 trillion plan. The CBO projects the unemployment rate to fall to 5.3% in 2021 and to 4% between 2024 and 2025.[/quote] https://www.cnbc.com/2021/02/01/cbo-report-foresees-rapid-growth-recovery-labor-force-revival-by-2022.html[/quote] Those numbers aren’t as positive as you say. 2025? That’s too long.[/quote] 5.3% in 2021. Full employment in the US is around 5% when you account for the unemployable and people who don't really want jobs but need to look for whatever reason. That extra 1.3% in 2025 is practically irrelevant. [/quote] 😆 [/quote]
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