General Discussion

Proud liberal 80

(4,368 posts) Thu Jul 30, 2020, 09:11 AM Jul 2020

America's economy just had its worst quarter on record

https://www.cnn.com/2020/07/30/economy/us-economy-2020-second-quarter/index.html

GDP drop and 1.4 million unemployment claims, but this excerpt is what I found fascinating:

Next week's July jobs report is expected to show another 2.3 million jobs added. That would bring the unemployment rate down to 10.3%

7 replies

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Highlight:

America's economy just had its worst quarter on record (Original Post) Proud liberal 80 Jul 2020 OP

Stocks are doing ok captain queeg Jul 2020 #1

Propped up entirely by the Fed SoonerPride Jul 2020 #2

Now we know why Trump tweeted about delaying the election. WhiskeyGrinder Jul 2020 #3

That is what "Making America Great Again" looks like. Chainfire Jul 2020 #4

K&R for visibility. crickets Jul 2020 #5

Heckuva job Trumpy Yo_Mama_Been_Loggin Jul 2020 #6

Wow! Donnie Dipshit finally did something "nobody could have ever imagined" maxrandb Jul 2020 #7

captain queeg

(11,780 posts)

1. Stocks are doing ok

Reply to Proud liberal 80 (Original post)

Thu Jul 30, 2020, 09:32 AM

Jul 2020

SoonerPride

(12,286 posts)

2. Propped up entirely by the Fed

Reply to captain queeg (Reply #1)

Thu Jul 30, 2020, 09:33 AM

Jul 2020

Otherwise it’d be in free fall

WhiskeyGrinder

(24,680 posts)

3. Now we know why Trump tweeted about delaying the election.

Reply to Proud liberal 80 (Original post)

Thu Jul 30, 2020, 09:33 AM

Jul 2020

Chainfire

(17,757 posts)

4. That is what "Making America Great Again" looks like.

Reply to Proud liberal 80 (Original post)

Thu Jul 30, 2020, 10:10 AM

Jul 2020

If the President had a brain, and would have followed the advice of people who did, we would not be where we are today. Had Trump been working to destroy the health and economy he couldn't have done a better job. His buddy in Russia must be very proud of the greatest espionage coup in the history of the world.