Q2 2020 GDP growth: -32.9%.... Yes, you've read it right.

Discussion in 'Current Events' started by Arkanis, Jul 30, 2020.

  1. HockeyDad

    HockeyDad Well-Known Member Past Donor

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    Um right.... you say this at the same time as Europe begins a shutdown.
    https://www.express.co.uk/news/worl...-Germany-travel-ban-Spain-Belgium-second-wave

    The left have left reason behind. They appear to be marching the WORLD ECONOMY off the cliff.
     
    Last edited: Jul 31, 2020
  2. HockeyDad

    HockeyDad Well-Known Member Past Donor

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    We live in a clown world. Facts don't matter. Reason doesn't matter. The only thing that matters is destroying the economy by any means necessary. Shut it down, shut it ALL down until the economy collapses and anarchy takes over.
     
    Last edited: Jul 31, 2020
  3. TOG 6

    TOG 6 Well-Known Member

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    All because Democrats can't handle losing an election.
     
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  4. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    That would be the Chinese where the virus came from.

    It's the Democrat Governors who continue to lock down their individual states that are responsible.

    After allowing the rioting in their streets, any blue wave is a myth.
     
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  5. HockeyDad

    HockeyDad Well-Known Member Past Donor

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    It is brilliant in a sick kind of way. There is absolutely nothing Trump can do to stop states from shutting down because of separation of powers. They shut down and inflict catastrophic damage and then turn around and blame Trump for the damage they did. The MSM runs interference. How Trump is held responsible for states committing economic suicide is beyond my powers of reason. It is completely batshit crazy.

    I can't imagine what will happen if tens of millions of Americans like myself are ruined. How do you come back from the erasure of the middle class? It will be absolute anarchy.
     
    Last edited: Jul 31, 2020
  6. TOG 6

    TOG 6 Well-Known Member

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    As long as it means Biden wins, they don't care.
     
  7. AmericanNationalist

    AmericanNationalist Well-Known Member

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    Biden would be “incompetent” as well, pray tell what can this one human do that Donald Trump can’t? As much as Liberals want to think that as soon as Orange Man Bad is gone, so too will all of our problems are absolutely kidding themselves.


    In truth we face numerous mitigating circumstances. One of which being ironically our Liberal way of living. A Chinese-type of response is impossible here. Even with a Biden Administration. Seriously, would Liberals tolerate oppressive means to combat the virus from a Democratic Administration? I hope not after the blow hard behavior around the SS troops that weren’t.

    Given that and the support for the rioters in the first place, Liberals cannot in good faith say they’d be in favor of tougher measures.

    The spectacular failure of State Governments aside(Whom at once wanted to claim responsibility for success but when failures occurred want to dump it back to the Presidency) we also face logistics of masks, swabs and PPE. Much of which has been brought out by the Chinese and other governments! Then you get into asymptomatic persons and the uncertainty around the masks and the whole thing is one giant mess.


    Still think electing a 77 year old Joe Biden changes anything?
     
  8. TOG 6

    TOG 6 Well-Known Member

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    Democrats aren't electing Biden, they're electing his replacement.
     
    Last edited: Jul 31, 2020
  9. flyboy56

    flyboy56 Well-Known Member Past Donor

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    Truth is Obama selected Biden to make himself look good. I suspect Biden will do the same in his selection of a vice president. I'm no big fan of Trump's but Biden also has me concerned.
     
    Last edited: Jul 31, 2020
  10. TOG 6

    TOG 6 Well-Known Member

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    I wouldn't worry - he'll resign at some point.
     
  11. flyboy56

    flyboy56 Well-Known Member Past Donor

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    What role did the W.H.O. play in this global pandemic?
     
  12. Chuck711

    Chuck711 Well-Known Member

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    The sad truth is if when the economy was shut down.

    Instead of a unified shutdown and all Americans stay at home , self quarantine and wearing mask

    Trump pushed opening up against the medical experts egging the people to revolt against the Governors shutdown

    Citizens upon hearing Trump's steady misinformation blew all the sacrifice of the botched shutdown

    Now we're back in the throes of the Pandemic

    The countries that pushed a unified virus response saw their economies contract a fraction of the USA

    Now America are on Travel Restrictions
    having Failed to contain the Virus
     
  13. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    They were very slow to tell the rest of the world.
     
  14. StillBlue

    StillBlue Well-Known Member

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    At the same time as WHO was warning that a pandemic was a very real possibility Trump said there was nothing to worry about, the Chinese were doing a great job and he was on top of it. Then went golfing.
     
    Last edited: Aug 1, 2020
  15. StillBlue

    StillBlue Well-Known Member

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    It should be noted as well that the Eurozone had a 12.1% decline in the same quarter. Just over 1/3 the US decline. Not a feather in the cap for the US response.
     
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  16. doombug

    doombug Well-Known Member

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    Your numbers are wrong:
    https://www.google.com/amp/s/market...c-14-reflecting-slow-growth-2020-7-1029454504
    https://www.google.com/amp/s/www.bl...hrinks-18-5-deepest-recorded-in-europe-so-far

    France -14%
    Spain -18.5%


    Why are you posting fake news?
     
  17. Labouroflove

    Labouroflove Well-Known Member Past Donor

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    Annualized rate. Without looking I'm guessing the European numbers quoted are the actual quarter figures.

    Junk post.
     
  18. TurnerAshby

    TurnerAshby Well-Known Member

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    Democrats passed a bill on futher funding in may about this while the Republicans purposefully waited until the last minute, didn't get anything done and are now on their 2nd 3 week vacation in 2 months lol.......
     
  19. TurnerAshby

    TurnerAshby Well-Known Member

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    Probably because people have no money Democrats tried to help by passing the hereos act in MAY while the Republican senate waited until the literal last second predictably couldn't get a deal done in a week (probably purposefully on their part) and are now on their 2nd 3 week vacation in 2 months..... McConnell and gang are total turds
     
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  20. TurnerAshby

    TurnerAshby Well-Known Member

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    I'm surprised the Republicans in the senate refused to do anything to help low income people who are hurt by this but they jumped right on the last stimulus bill which was geared to big business.... "help to people?? I only care about the donor class" - Mitch McConnell
     
  21. Quantum Nerd

    Quantum Nerd Well-Known Member

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  22. TurnerAshby

    TurnerAshby Well-Known Member

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    Your right the Republican senators need to be voted out for their shameful handling of this latest relief package......That will be a start
     
  23. StillBlue

    StillBlue Well-Known Member

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    GDP is always the annualized rate for consistency. You don't change it to suit your agenda because then it becomes meaningless. That the Eurozone is so much better by comparison is an indication of the US failure to minimize the pain
     
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  24. flyboy56

    flyboy56 Well-Known Member Past Donor

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    "They" include 196 member states. The US is one of those members with working for W.H.O. Has anyone asked why the Americans working for W.H.O. did not report the news to W.H. or congress?
     
  25. RodB

    RodB Well-Known Member Donor

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    Going to ride that dead horse myth -- Trump is the cause of COVID-19 -- 'till it drops, aren't you? :deadhorse:
     

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