CNN’s Poppy Harlow got right to the point on Wednesday with Chairman of the White House Council of Economic Advisers Kevin Hassett, asking him pointedly “what is this shutdown going to cost our economy?”
“Of course it looks like folks are gonna once again miss a check and there’s a lot of enormous focused personal cost,” Hassett said, adding that “a lot of the cost that we’re feeling right now” is shouldered by individual furloughed workers. “On the macroeconomic level, on the overall economy, there’s a loss of about a tenth of a percent of GDP each week.”
“Here’s the issue. I’m not going to buy two sandwiches for lunch when the government opens again, or go buy three lattes that I didn’t buy when it was closed, so you don’t get that back,” shot back Harlow. She noted that growth estimates were already shrinking, and asked “by your calculation couldn’t we then see zero growth if this persists through end of the quarter?
Hassett tried to dodge the subject saying it would “put your viewers to sleep”, but Harlow continued to hammer him, asking again “could we get zero growth?”
“The first quarter has tended to be weak,” Hassett replied as Harlow shook her head impatiently.
“Would we get zero growth?” she asked again. “Could we get zero growth? I want to nail this down.”
“We could, yes,” he said. “If it extended for whole quarter and given the fact that the first quarter tends to be low because of residual seasonality, you could end up with a number very close to zero.”
Watch the video below.
’Let ‘em go’: Ex-police commissioner lays into Buffalo cops who quit Emergency Response Team
On CNN Friday, former Philadelphia Police Commissioner Charles Ramsey slammed the 57 Buffalo police officers who resigned from the city's Emergency Response Team in solidarity with a pair of officers investigated for shoving an elderly man to the ground and then lying about it.
"If they want to resign, they should resign from the department," said Ramsey. "They don't have a vote in what unit they're in or the running of that department. They would not be allowed to step down from those positions. If they want to resign from the police department, let 'em go, and I would not bring them back, it just means you have some slots you have to fill. That kind of stuff is ridiculous and can't be tolerated."
Trump accused by ex-Defense Secretary of putting US on ‘the trail toward a dictatorship’
During an appearance on CNN on Friday morning, former Defense Secretary William Cohen - who also served in the U.S. Senate as a Republican -- denounced Donald Trump in no uncertain terms, saying his use of military personnel against anti-police brutality protesters is a sign he has set the country on the path to a dictatorship.
To emphasize his point, he later called Trump the "dictator-in-chief."
Speaking with host Jim Sciutto, Cohen didn't mince words after the CNN host noted that the president and his former attorney called the protesters "terrorists."
"What does it mean for you to hear a sitting president dismissing a whole range of protesters, who in fact were largely peaceful around the White House, dismissing a whole range of them as terrorists? What does that mean to you?" the CNN host asked.
Richmond mayor schools white lawmaker complaining removal of Confederate statue strips her of her history
Appearing on CNN's "New Day" on Friday morning, the mayor of Richmond, Virginia set a white state lawmaker straight over her comments that the imminent removal of a statue commemorating Confederate General Robert E. Lee was erasing her history.
Speaking with host John Berman, Mayor Levar Stoney expressed pleasure at the upcoming removal of the massive statue, saying it was a long overdue -- before the interview turned to comments made by State Senator Amanda Chase (R) made in a Facebook post.
Noting that the white lawmaker complained, "Let's be honest here, there is an overt effort here to erase all-white history," Stoney had a few words for the lawmaker.