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Steve Mnuchin: Economy Will Bounce Back Quickly In July, August

The federal government is prepared for a recovery on the horizon.

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Treasury Secretary Steve Mnuchin predicted that the American economy will bounce back in significant fashion in the summer months during an appearance on Fox News with Chris Wallace on Sunday, citing the significant significant relief the federal government has spent to stimulate the economy in the midst of the coronavirus recession.

I think as we begin to reopen the economy in May and June, you’re going to see the economy really bounce back in July, August, September,” Mnuchin predicted. “And we are putting in a unprecedented amount of fiscal relief into the economy. You’re seeing trillions of dollars that’s making its way into the economy, and I think this is going to have a significant impact.”

Mnuchin had acted as the Trump administration’s point man in securing the passage of the $2 trillion CARES Act coronavirus stimulus, providing significant cash relief to small businesses dealing with the fallout of the unprecedented situation, as well as providing a $1,200 TrumpBux payment to most Americans who reported less than $75,000 of income on their 2018 or 2019 tax return.

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Mnuchin rejected a comparison of the current coronavirus recession to the 2007 financial crisis, pointing out the situation was a result of a phenomenon that is medical, not economic. The Treasury Secretary predicted that the nation’s economy would respond to reopening in opposite form as it reacted to its closure in March as a result of the spreading virus.

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My own opinion is, again, we have unprecedented amount of liquidity in the system,” Mnuchin argued. “We’re very sympathetic to all the people that are out of work. But there is enhanced unemployment, there’s the PPP, there’s direct deposits. This is going to put a lot of liquidity. And as businesses begin to open, you’re going to see demand side of the economy rebound.

Big League Economics

World Economic Forum Deletes Tweet Claiming ‘Lockdowns’ are ‘Improving Cities’

More “Great Reset” propaganda.

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The globalist World Economic Forum was forced to delete a tweet claiming that Draconian lockdown policies are “quietly improving cities around the world” after public outrage.

The lockdown policies have crippled jobs and exacerbated inequality, but the global elite are reveling in their effect and prepare to make lockdowns a fixture of public life with a captive public firmly under the spell of mass hysteria.

The since-deleted tweet can be seen here:

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The tweet linked a video showing propaganda for the Great Reset, which will be used to finish off small businesses and consolidate corporate power at previously unforeseen levels. The video claims that lockdowns are helping society because they have resulted in drops of ambient noise and air pollution.

That video can be seen here:

Big League Politics has reported about the push for the Great Reset as globalism soars to new heights using the COVID-19 scamdemic as a pretense for a massive power-grab:

A leading globalist elite closely associated with the World Economic Forum has openly predicted that the world will never return to a sense of normalcy that existed prior to the coronavirus pandemic. Klaus Schwab made the concerning claim in his new book, “The Great Reset.”

“Many of us are pondering when things will return to normal,” wrote Schwab in The Great Reset. “The short response is: never. Nothing will ever return to the ‘broken’ sense of normalcy that prevailed prior to the crisis because the coronavirus pandemic marks a fundamental inflection point in our global trajectory.”

Schwab went on to predict that human history would be differentiated between an era before the pandemic and what comes after. He likened the historical event of the coronavirus pandemic to the birth of Christ, a peculiar slight to Christians who view the life of Jesus as an event quite unlike the spread of a disease.

“Radical changes of such consequence are coming that some pundits have referred to as ‘before coronavirus’ (BC) and ‘after coronavirus’ (AC) era. We will continue to be surprised by both the rapidity and unexpected nature of these changes – as they conflate with each other, they will provoke second-, third-, fourth- and more-order consequences, cascading effects and unforeseen outcomes,” writes Schwab.

In addition to being a longstanding patron of the globalist WEF’s yearly Davos gatherings, Schwab was a steering committee member of the Bilderberg Meetings. He was listed as an “international” member of the Bilderberg group’s executives, despite being a German national.

Managerial elites have spoken in open terms about their plans to redistribute the private property of average people to megacorporations and governments, compel the public to eat insects as a replacement for meat, and to gradually eliminate the use of personal automobiles.

Schwab staked out his vision of digitized corporate dominance of society in a recent speech given to the World Economic Forum.

The globalists are not fooling the public, who are growing increasingly enraged at their destructive policies and becoming more willing to support their nationalist opposition.

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