US suffers worst economic decline on record in second quarter as GDP contracts by 32.9%

[matchingmole]

https://www.independent.co.uk/news/w...-a9645881.html






Keep America great?



TRump manages economy as well as his own business

[oeb11]

It will hardly be the worst when Biden and AOC institute their Soylent Green New Deal - bankrupt america - and institute their Orwellian totalitarianism with Government control of all commerce.

Wall street and the stock market destroyed - and a nomenklatura to run Amerika until violent revolution throws out the Socialissts.

[matchingmole]

Originally Posted by oeb11

It will hardly be the worst when Biden and AOC institute their Soylent Green New Deal - bankrupt america - and institute their Orwellian totalitarianism with Government control of all commerce.

Wall street and the stock market destroyed - and a nomenklatura to run Amerika until violent revolution throws out the Socialissts.

Nah

[nevergaveitathought]

just another misstatement

the decline of 32.9% is not the real decline rate for this year, its a projected annualized decline if the year declines at the same rate as the second quarter

[bambino]

Originally Posted by nevergaveitathought

just another misstatement

the decline of 32.9% is not the real decline rate for this year, its a projected annualized decline if the year declines at the same rate as the second quarter

Don’t confuse him.

[00 gauge]

Someone needs to dumb it down and present it to him in a language he can understand .....

[nevergaveitathought]

Originally Posted by bambino

Don’t confuse him.

i'll try not to but that is a big burden you are asking of me

the first quarter of 2020 declined by 5%

the contractions in both the first and second quarters are presented as annualized rates

meaning they represent the economic activity that took place in those quarters as if occurring for a full year.

the actual decline in economic activity in the second quarter was much smaller:

When compared to the first quarter, GDP in the second quarter contracted 9.5%.

[matchingmole]

Originally Posted by 00 gauge

Someone needs to dumb it down and present it to him in a language he can understand .....

[sportfisherman]

Chump has already bankrupted America.

This is Chump's Economic Depression and Chump's Unemployment Debacle.

Large and in charge !!

[oeb11]

Thank you mm 's and sailor boy - understanding Facts and Truth has never been a DPST strong point.

We understand you cannot comprehend the issues.

go find a copy of Das kapital and curl up with a pacifier - call a social worker - You too can be helped.

[Gotyour6]

Bad economy and looks at hotels that are owned but not run by The President of the United States

Knowing anything about what you are talking about instead of being a parrot and squawking shit you hear on CNN or a news source in the UK is showing your intelligence

[Gotyour6]

Originally Posted by sportfisherman

Chump has already bankrupted America.

This is Chump's Economic Depression and Chump's Unemployment Debacle.

Large and in charge !!

Learn who did what.

Please show me how someone still holds the world lead in employment

Oh, wait, its Trump

Dems want everyone to panic because of a flu that kills less people than Detroit

[PythonLeeJackson]

Originally Posted by matchingmole

https://www.independent.co.uk/news/w...-a9645881.html






Keep America great?



TRump manages economy as well as his own business

Come on now...give Trumpy a break. He’s only gone bankrupt just a few times. Is it 4 or 6 times ? I think Trump and the Repugnant party have finally convinced us that they have ZERO clue how to run a country. But they do know how to run it into the ground. This is 2008 all over again. How many folks are going to get evicted this time ? Trump is too busy looting the treasury. He needs the cash.

[PythonLeeJackson]

Originally Posted by Gotyour6

Learn who did what.

Please show me how someone still holds the world lead in employment

Oh, wait, its Trump

Dems want everyone to panic because of a flu that kills less people than Detroit

Trump holds the largest number of COVID-19 deaths....the TRUMP VIRUS so far has caused Over 150,000 deaths. Apparently he’s proud of that.
Trumps a loser and a dead beat. He’s been a failure all his life. But he’s sure good and creating a fake persona and found a good way to con folks into believing he was “successful”. You folks are sooo gullible and uneducated. He’s a common criminal and con man...get over it.

[oeb11]

Denial, deflection - and refusal to address the answer to your post.

TDS and hatred - get some help.



If Trump was looting the Treasury - for personal gain - ever republican Senator would have voted to convict.

Where - after years of Schiff and nadler holding evidence in their hands - is the evidence of your accusation.



Answer - there is none - Poster is just parroting the lies of Rachel madcow and the LSM - has been brainwashed and conditioned to accept their Lies in the throes of TDS.


such a waste of a life.