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634-5789

(4,175 posts)
Thu Jan 28, 2021, 08:39 PM Jan 2021

trump Shrunk The US Economy The Most Since 1946

Via CNN,

“The US economy grew at an annualized and seasonally adjusted rate of 4% in the fourth quarter of 2020, just as economists had predicted, the Commerce Department reported Thursday. But that didn’t make up for a bad first quarter and an historically awful second quarter. For 2020 as a whole, GDP decreased by 3.5% from the prior year. That was the worst decline since 1946.”

The problems within the economy are numerous. Millions upon millions of people remain unemployed. Consumer spending is falling, and savings are up. People aren’t spending and are leaving their money in the bank because of uncertainty.


https://www.politicususa.com/2021/01/28/trump-shrunk-economy-1946.html
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trump Shrunk The US Economy The Most Since 1946 (Original Post) 634-5789 Jan 2021 OP
If he had lead on mask wearing the economy would be half as bad. applegrove Jan 2021 #1
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