General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUS economy shrinks 4.8% in Q1
Worst quarter since 2008 and it's just the tip of the iceberg. Trump's poor response to the virus is 100% to blame.
https://www.cnn.com/2020/04/29/economy/us-economy-downturn-coronavirus/index.html
gratuitous
(82,849 posts)He certainly likes to shower himself in glory for anything that goes right (like water being wet or the sun rising in the east). What sort of responsibility will he take for this dismal economic news?
Spoiler alert: None.
empedocles
(15,751 posts)SoonerPride
(12,286 posts)"I am so great!"
followed by more nonsense and lies.
I hate him so much it is probably illegal.
Demovictory9
(32,487 posts)Claustrum
(4,846 posts)Yeah. Stock market is totally the economy /s
Johnny2X2X
(19,213 posts)Growth is a tough metric to effect. -4.8% was vs -4.0% expected. The Coronavirus really barely effected this until mid March. We know Q2 numbers are going to fall off a cliff, so what will a Q3 "recovery" look like? We know the numbers will come out about a week before the election. So would Q3 growth of -6% be good? IS Trump going to close his campaign with, "look, we only shrunk by 6% last quarter, MAGA!"
Trump 2020, It could be worse? New campaign slogan?