“This thing is moving fast, and it’s impossible to predict,” Rainey said of the factors affecting the economy. “It’s hard to understand.” Source
prompted me to ask the question: who is John Rainey, and why is it so hard to understand?
John Rainey is this guy:
He's also chair of the SC Board of Economic Advisors, chairman of the board of Easlan Capital Inc., has not one, but two law degrees (USC, Georgetown), and, apparently, doesn't understand why SC's economy is tanking.
More to come later.