Economy shrinks at fastest quarterly rate on record

[jacksonsprat22]

The U.S. economy shrank 9.5 percent from April through June, the largest quarterly decline since the government began publishing data 70 years ago, and the latest, sobering reflection of the pandemic’s economic devastation

https://www.washingtonpost.com/busi...p_hp-banner-main_gdp-845am:homepage/story-ans

Good times. And it will just get worse.

 

[katzgar]

MAGA baby

 

[Noking]

Check this out,

The US economy contracted at a 32.9% annual rate from April through June, its worst

US economy posts its worst drop on record

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

 

[Moosakofsky]

Compared to France, UK, Singapore and Germany, this is actually better.

https://www.bing.com/search?q=frenc...94BCF14A99B89618F6AE04B799&first=10&FORM=PERE

 

[jacksonsprat22]

Compared to France, UK, Singapore and Germany, this is actually better.

https://www.bing.com/search?q=frenc...94BCF14A99B89618F6AE04B799&first=10&FORM=PERE

How?

 

[moon]

Forget the old economy- it was an environmental killer. Build a new, sane economy.


Most people have forgotten what 'economy ' means. They think it means ' money '.

 

[jacksonsprat22]

Forget the old economy- it was an environmental killer. Build a new, sane economy.


Most people have forgotten what 'economy ' means. They think it means ' money '.

What is a sane economy?

 

[Moosakofsky]

How?

Read the articles from the link. Those economies shrank more.

 

[Noking]

Compared to France, UK, Singapore and Germany, this is actually better.

https://www.bing.com/search?q=frenc...94BCF14A99B89618F6AE04B799&first=10&FORM=PERE

Nice spin job

 

[Moosakofsky]

Nice spin job

?
Can you name a country's economy that did well?

What I don't understand is you guys complain that the gubmint didn't do more to shut down the economy to prevent the spread of the China virus and in the same breath complain the economy was shut down too much causing a contraction.
Well I do understand . No matter what, you will complain.

 

[floridafan]

Compared to France, UK, Singapore and Germany, this is actually better.

https://www.bing.com/search?q=frenc...94BCF14A99B89618F6AE04B799&first=10&FORM=PERE

Read your own link, Einstein. How stupid can you be?

 

[Moosakofsky]

Read your own link, Einstein. How stupid can you be?

. The U.S. economy shrank 9.5 percent

. German economy shrinks by record 10.1% in Q2

. Singapore economy shrinks over 40% in Q2, confirming recession

. France sees economy shrinking 17% in Q2

Not as stupid as you. Go back and learn 3rd grade arithmetic.

 

[jacksonsprat22]

?
Can you name a country's economy that did well?

What I don't understand is you guys complain that the gubmint didn't do more to shut down the economy to prevent the spread of the China virus and in the same breath complain the economy was shut down too much causing a contraction.
Well I do understand . No matter what, you will complain.

No one was complaining. You're projecting.

 

[floridafan]

Not as stupid as you. Go back and learn 3rd grade arithmetic.

The US economy contracted at a 32.9% annual rate from April through June,

 

[katzgar]

Compared to France, UK, Singapore and Germany, this is actually better.

https://www.bing.com/search?q=frenc...94BCF14A99B89618F6AE04B799&first=10&FORM=PERE

at least you know your boy is a fuck up

 

[katzgar]

Not as stupid as you. Go back and learn 3rd grade arithmetic.

your boy is a fuck up, you need to own it

 

[Moosakofsky]

The US economy contracted at a 32.9% annual rate from April through June,

Wow that's even better. 32.9 / 4 = 8.225. 4th grade arithmetic
You really don't understand "annualized" do you?

 

[Moosakofsky]

at least you know your boy is a fuck up

Yeah, Johnson blew it in '16.

 

[floridafan]

Wow that's even better. 32.9 / 4 = 8.225.
You really don't understand "annualized" do you?

Don't work the way, Einstein !

 

[katzgar]

Yeah, Johnson blew it in '16.

still, your boy is a fuck up