Former Labor Secretary Robert Reich revealed on MSNBC that he bets against the predictions made by Larry Kudlow, President Donald Trump’s director of the National Economic Council.
Anchor Chris Hayes interviewed Reich about the growing concern that President Donald Trump’s trade wars are risking plunging the nation into a recession.
“As somebody who has been through a number of business cycles, has watched this administration and watched the sort of last administration working through recovering from Great Recession, where do you see us right now?” Hayes asked.
“Well, the fundamentals are actually, Chris, a little bit fragile,” Reich replied.
“And I was listening to Larry Kudlow just now, as I have for years. I have a Kudlow Meter,” Reich replied.
“Whatever he says — the direction of the economy is going in — I bet the opposite way,” he explained.
“I’ve made quite a lot of money,” Reich added.
Ex-prosecutor demands congressional investigation after latest report on the FBI and Brett Kavanaugh
Supreme Court Justice Brett Kavanaugh had another allegation of sexual misconduct revealed on Saturday in a bombshell report in The New York Times.
"A classmate, Max Stier, saw Mr. Kavanaugh with his pants down at a different drunken dorm party, where friends pushed his penis into the hand of a female student. Mr. Stier, who runs a nonprofit organization in Washington, notified senators and the F.B.I. about this account, but the F.B.I. did not investigate and Mr. Stier has declined to discuss it publicly," the newspaper reported.
Boris Johnson promises Britain will be like the Incredible Hulk during Brexit negotiations
Prime Minister Boris Johnson said Saturday he was making a "huge amount of progress" towards a Brexit deal with the EU, in an interview in which he compared Britain to the Incredible Hulk.
"It's going to take a lot of work between now and October 17" when EU leaders gather for their final summit before Britain's scheduled exit from the bloc, he told the Mail on Sunday newspaper.
"But I'm going to go to that summit and I'm going to get a deal, I'm very confident. And if we don't get a deal then we'll come out on October 31."
His comments came ahead of talks with European Commission chief Jean-Claude Juncker and the EU's chief Brexit negotiator, Michel Barnier, in Luxembourg on Monday.
NYT blasted for ‘spectacularly offensive sentiment’ after tweet illustrating ‘rape culture’
The results of a 10-month investigation into Supreme Court Justice Brett Kavanaugh by New York Times reporters Robin Pogrebin and Kate Kelly was published on Saturday.
But attention was taken away from the powerful reporting after the Twitter account of The Times opinion page posted a shocking message.