Hmmm, a recession and well over 100k dead from a virus that could've been largely mitigated if a certain daughter diddling douchebag hadn't had his fat head up his Orange Ass (and 150k before the election looks easily "attainable," especially with flu season coming and several of these brain dead red states already seeing spikes as they eagerly-and stupidly-rush to re-open). Yeah, his re-election changes look EXCELLENT...
ointer:Shush()*popcorn-eatinggifcheersgif
It's official: We're in the Trump recession
Joan McCarter Daily Kos Staff Monday June 08, 2020 · 11:15 AM PDT
The economists of the National Bureau of Economic Research, the group that determines when recessions begin and end, have officially declared that we are in a recession, which started in February, ending the longest economic expansion the nation has experienced.
Their working definition of recession is "a decline in economic activity that lasts more than a few months." In a statement, the panel said "The unprecedented magnitude of the decline in employment and production, and its broad reach across the entire economy, warrants the designation of this episode as a recession, even if it turns out to be briefer than earlier contractions."
The slow and inadequate reaction to the COVID-19 crisis, and Donald Trump's continued total lack in intent in responding to it further, makes it likely it's only going to get worse. So, once again, a Democrat is going to have to clean up this mess starting in January 2021. Because fact: for the last 40 years, every recession has begun with a Republican president and ended under a Democrat's watch.
ointer:Shush()*popcorn-eatinggifcheersgifIt's official: We're in the Trump recession
Joan McCarter Daily Kos Staff Monday June 08, 2020 · 11:15 AM PDT
The economists of the National Bureau of Economic Research, the group that determines when recessions begin and end, have officially declared that we are in a recession, which started in February, ending the longest economic expansion the nation has experienced.
Their working definition of recession is "a decline in economic activity that lasts more than a few months." In a statement, the panel said "The unprecedented magnitude of the decline in employment and production, and its broad reach across the entire economy, warrants the designation of this episode as a recession, even if it turns out to be briefer than earlier contractions."
The slow and inadequate reaction to the COVID-19 crisis, and Donald Trump's continued total lack in intent in responding to it further, makes it likely it's only going to get worse. So, once again, a Democrat is going to have to clean up this mess starting in January 2021. Because fact: for the last 40 years, every recession has begun with a Republican president and ended under a Democrat's watch.
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