Posted on Jul 30, 2020
Second-quarter GDP plunged by worst-ever 32.9% amid virus-induced shutdown
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The President’s election threats are a distraction to draw attention away from this.
Fact: this is the worst economic decline EVER. Meanwhile, countries with real leaders are in recovery.
From the article:
The U.S. economy suffered its worst period ever in the second quarter, with GDP falling a historic 32.9%.
Economists surveyed by Dow Jones were looking for a decline of 34.7%.
Neither the Great Depression nor the Great Recession nor any other slump over the past two centuries have ever caused such a sharp drain on the economy.
Fact: this is the worst economic decline EVER. Meanwhile, countries with real leaders are in recovery.
From the article:
The U.S. economy suffered its worst period ever in the second quarter, with GDP falling a historic 32.9%.
Economists surveyed by Dow Jones were looking for a decline of 34.7%.
Neither the Great Depression nor the Great Recession nor any other slump over the past two centuries have ever caused such a sharp drain on the economy.
Second-quarter GDP plunged by worst-ever 32.9% amid virus-induced shutdown
Posted from cnbc.com
Elections
Economy
Office of the President (POTUS)
Posted >1 y ago
Responses: 8
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Trumps body of work in 7 months of 2020 is economic collapse, spiraling pandemic, impeachment, civil unrest. I want to know who peed in god's cereal.
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This was asked:
"We shut down the country. What did anyone expect to happen?"
We, the American voters, expected a leader that would effectively dealt with the virus, thus avoiding the economic disaster. We were wrong to expect that from Trump.
Just as Clinton left GWB a strong economy, only to have him destroy it, so to did Obama leave Trump a strong economy, only to have him fumble and destroy it.
I don't understand why anyone would believe the conservatives in office mean a good economy.
"We shut down the country. What did anyone expect to happen?"
We, the American voters, expected a leader that would effectively dealt with the virus, thus avoiding the economic disaster. We were wrong to expect that from Trump.
Just as Clinton left GWB a strong economy, only to have him destroy it, so to did Obama leave Trump a strong economy, only to have him fumble and destroy it.
I don't understand why anyone would believe the conservatives in office mean a good economy.
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