Economy shrinks at fastest quarterly rate on record

anatta said:
lies
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You said COVID was a hoax and that the Russia Tax Cut would lead to growth of at least 3%.

All your shitty tax cut did was plunge us into a recession that Trump made worse, all thanks to you.

-33% GDP growth is the worst ever recorded for the US.

Thanks?
 
Concart said:
Guilty. It's rhetoric. Just a reminder of Trump dislocating his shoulder patting himself on the back for the 'record' job numbers from June, and the Trumptards rushing here to tell us all that Trump was right, the economy was recovering. And it was, for about two weeks in June, before the irresponsible re-openings caused things to shut down again. If you want to take credit for good news, you take blame for the bad news. This is a disaster, and the response is to CUT UNEMPLOYMENT BENEFITS? Good grief.
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I don't understand this post as to what it has to do with the OP. jacksprat posted factual data as did I. In the bigger picture I believe our economic and political systems are much, much larger than what any one person or political party can do to the economy in even eight years. The economic beast is too big for them (IMO). The U.S. economic and poitical systems are what allow us to do better than most other first world economies plus the fact we are blessed with a lot of natural resources. What little effect a party in complete control does have usually always self corrects with elections.
My take on Trump is that he's a horse's ass and always has been. I can still remember Doonesbury cartoons in the '80's parodying him.
He's just a symptom of what has become of our politics in the age of social media and that symptom is extremism. He's extreme as are many on the left. As far as rhetoric, that's what we get a lot of, from both sides.
 
anatta said:
such crap. once the guides were published the governors did the shutdowns -not Trump
Trump followed Fauci's advice -ruined the "best economy ever"and here we are.
Then they blame Trump for ruining the economy...TDS
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This recession started before the shutdowns and was caused entirely by your tax cut.
 
BartenderElite said:
Trump has been abysmal on the economy.
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Yup.

Trump ended the longest period of economic expansion in this country's history, and is now responsible for the largest economic contraction in this country's history.

All thanks to the Russia Tax Cut.

We said it was going to cause a recession and every single Conservative and bOtHsIdErIsT, including Flash, said it wouldn't.

Looks like the left was right again.
 
anonymoose said:
I don't understand this post as to what it has to do with the OP. jacksprat posted factual data as did I. In the bigger picture I believe our economic and political systems are much, much larger than what any one person or political party can do to the economy in even eight years. The economic beast is too big for them (IMO). The U.S. economic and poitical systems are what allow us to do better than most other first world economies plus the fact we are blessed with a lot of natural resources. What little effect a party in complete control does have usually always self corrects with elections.
My take on Trump is that he's a horse's ass and always has been. I can still remember Doonesbury cartoons in the '80's parodying him.
He's just a symptom of what has become of our politics in the age of social media and that symptom is extremism. He's extreme as are many on the left. As far as rhetoric, that's what we get a lot of, from both sides.
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Only one side is putting secret police on the streets.

Only one side is spreading misinformation about COVID, putting people's lives at risk.

Only one side is exploding the deficit with tax cuts.

Only one side is protecting Confederate statues instead of frontline health care workers.

Take your bOtH sIdEs and shove them up your guilty fat ass.
 
Trump talked about the V shaped recovery only a couple of days ago. Trump has to know better. He has experts on staff. Unless he ignores them. The economy is in a mess and it is not getting better.
 
Nordberg said:
Trump talked about the V shaped recovery only a couple of days ago. Trump has to know better. He has experts on staff. Unless he ignores them. The economy is in a mess and it is not getting better.
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When your advisers are Larry Kudlow and Stephen Moore, you're going to royally fuck things up no matter what you do.
 
LV426 said:
This is a continuation of the recession that started in February, before all the COVID lockdowns.
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Trump was given the easiest assignment that could be given to an incoming, first term president: Babysit the Obama Economic Recovery, and do not screw it up.

Trump failed at arguably the easiest assignment given to an incoming president in our lifetime
 
Russia wants to extend presidential terms beyond two for a popular president. Looking at the American example it's a fucking good idea.
 
floridafan said:
The US economy contracted at a 32.9% annual rate from April through June,
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DUH gee I wundur hough dat hepen! You people are so dense be Glad Trump was President Hillary would have shrunk it more because there isn't anyway in an election year she makes any decision that would hurt the economy, and her chance at being the first dictator of the US
 
So, who is for carving the orange clowns face into mount rushmore? :laugh:


They should seriously consider using my trump clown gif as the prototype for a giant stone carving, a cautionary tale for the ages.
 
Wolverine said:
DUH gee I wundur hough dat hepen! You people are so dense be Glad Trump was President Hillary would have shrunk it more because there isn't anyway in an election year she makes any decision that would hurt the economy, and her chance at being the first dictator of the US
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European and Asian countries are recovering. Here in the US, the virus may be getting out of control. No one in this administration even cares.
 
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