Worst quarter in US history

  • metta

    Posts: 54491

    Jul 30, 2020 8:04 PM GMT
    Worst quarter in US history


    U.S. Economy Drops 32.9% In Worst GDP Report Ever
    https://www.npr.org/sections/coronavirus-live-updates/2020/07/30/896714437/3-months-of-hell-u-s-economys-worst-quarter-ever?
  • roadbikeRob

    Posts: 22713

    Jul 31, 2020 12:22 PM GMT
    If we don’t get a handle on this Coronavirus, it is only going to get much worseicon_razz.gif
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    Jul 31, 2020 12:53 PM GMT
    And what was Trump’s response to this disastrous economic news, that threatens his reelection? Any other president would reassure & calm Americans about this situation.

    Instead, within hours Trump tweeted that the election might need to be postponed, despite him having no authority to do so. Anything unrelated to distract from news that makes him look bad.

    When a crisis is unflattering for Trump, he creates another news bombshell to draw our attention away. A magician or con man's typical slight-of-hand trick: Make the audience look elsewhere.

    My greatest concern is what crisis Trump will invent as November comes closer. Will he declare war on Iran or North Korea, possibly Venezuela, knowing that presidents always see a surge of support (at least initially) during wars? If done as an October surprise, could a boost last until November 3rd?
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    Jul 31, 2020 1:05 PM GMT
    I fully believe the worse is now behind us. As somewhat of a treatment (vaccine) is not too far away, things will slowly start to return to some semblance of pre-COVID life.
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    Jul 31, 2020 3:35 PM GMT
    El Dumpo

    The endless parade of disappointments....

    (unfortunately my blame HRC, Obama, Bush, Carter, Wind Mills, and Biden CHARIOT is stalled out..... I need a push here.....)
  • CuriousJockAZ

    Posts: 24216

    Jul 31, 2020 5:25 PM GMT
    The economic numbers were not all that surprising. What did everyone expect --- we just came through a global pandemic that closed down most of the world economy, cost us millions of jobs, and was a gut punch to the "spirit" of all people. Considering everything that has happened, I'm surprised we are not worse off. We seem to be on the way back, and that gives me optimism.
  • stemkin

    Posts: 217

    Jul 31, 2020 5:32 PM GMT
    Brave of you, considering that the numbers are continuously getting worse in the US.
  • CuriousJockAZ

    Posts: 24216

    Jul 31, 2020 5:56 PM GMT
    stemkin said
    Brave of you, considering that the numbers are continuously getting worse in the US.




    Which "numbers" are you talking about? Can you cite examples?
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    Jul 31, 2020 6:11 PM GMT
    Well thats impossible Cheeto said it would be a beautiful quarter..
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    Aug 01, 2020 3:47 AM GMT
    Notice the the rj alt righters aren't touching this thread..And why?..Because Trump said the 3rd quarter would be incredible...Political propaganda that ain't working...
  • stemkin

    Posts: 217

    Aug 01, 2020 10:19 PM GMT
    CuriousJockAZ said
    stemkin said
    Brave of you, considering that the numbers are continuously getting worse in the US.




    Which "numbers" are you talking about? Can you cite examples?


    Number of infections, deaths, unemployment, people without health insurance, the US economy just had the worst quarter on record, ...
  • CuriousJockAZ

    Posts: 24216

    Aug 02, 2020 3:05 AM GMT
    mybud said
    Notice the the rj alt righters aren't touching this thread..And why?..Because Trump said the 3rd quarter would be incredible...Political propaganda that ain't working...





    Pssssst....someone tell myyrosebudbutt that the 3rd quarter ends September 30th. That was the 2nd quarter report.

    Stay tuned...
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    Aug 02, 2020 3:49 AM GMT
    CuriousJockAZ said
    mybud said
    Notice the the rj alt righters aren't touching this thread..And why?..Because Trump said the 3rd quarter would be incredible...Political propaganda that ain't working...





    Pssssst....someone tell myyrosebudbutt that the 3rd quarter ends September 30th. That was the 2nd quarter report.

    Stay tuned...
    Tongue my bud after I return from the gym g spot...