It's the Economy Stoopid

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Using Jim Carvilles own words, its the economy that will determine who is elected. Up until March the Economy was humming, dropped like a rock and mostly recovered. First it was RUSSSIA, then IMPEACHMENT, China Virus and now Race. All of those are distractions and by November the Economy will be determining factor.

It is the economy.

We have almost 20 million unemployed.
We have a -6.5% GDP growth (ie contraction)
We have trillions in new debt and deficit spending out the wazoo.

Yes, the stock market is up from its lows, but the stock market doesn't equal the economy.

We have almost 20 million unemployed, because we ordered businesses to close and paid people to stay home.
We have a -6.5% GDP growth (ie contraction), because we ordered businesses to close and paid people to stay home.
We have trillions in new debt and deficit spending out the wazoo. because we ordered businesses to close and paid people to stay home.

You are a special kind of moron.

[Anonymous]

Anonymous wrote:Second quarter economy was the best in 22 years. Heads are exploding all over the left.

https://www.cbsnews.com/news/stock-market-best-quarter-1998-coronavirus/

Did you just call the stock market the economy?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Using Jim Carvilles own words, its the economy that will determine who is elected. Up until March the Economy was humming, dropped like a rock and mostly recovered. First it was RUSSSIA, then IMPEACHMENT, China Virus and now Race. All of those are distractions and by November the Economy will be determining factor.

It is the economy.

We have almost 20 million unemployed.
We have a -6.5% GDP growth (ie contraction)
We have trillions in new debt and deficit spending out the wazoo.

Yes, the stock market is up from its lows, but the stock market doesn't equal the economy.

We have almost 20 million unemployed, because we ordered businesses to close and paid people to stay home.
We have a -6.5% GDP growth (ie contraction), because we ordered businesses to close and paid people to stay home.
We have trillions in new debt and deficit spending out the wazoo. because we ordered businesses to close and paid people to stay home.

And these were ordered because the President failed to otherwise prepare for a pandemic. The business were already suffering. The Fed showed that the recession started in February. Trump didn't acknowledge the pandemic until March and it is June and we still don't have the testing and tracing protocols in place. Without that, the public generally doesn't feel safe to travel, to eat at restaurants or to ride elevators in office buildings. Solve or address the virus and the economy can rebound. Somehow a myraid of other countries have been able to do this. it just exposes how horrible a leader Trump is.

I'd love to hear how you would "solve" the virus. Should we be like China and just weld people shut in their homes?

Let me guess - you're one of these selfish azzholes who can't be bothered to wear a mask. Amiright?

[Anonymous]

Anonymous wrote:The cupboards were empty (thanks Obama), yet 45 stopped everything and delivered supplies in a timely manner. That's because of this amazing economy and the ability to adapt. That will continue into the fall and we will be back.

What the actual f*ck are you ranting about now?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:When 80k died of influenza in 2017, where was the shutdown? All deaths are tragic, however bet the number of suicides for 2020 will approach 6 figures

80k over a whole flu season is a lot less than 115,000 and counting in three months with no end in sight.

See the difference?

They're both viruses... no difference except a little more deaths. Thanks to China the economy is suffering over the short term

So you're willing to die? Of course though the people dying are healthcare workers and "essential" workers, largely black and Latino, ordered to work to keep f**kers like you comfortable. We can't get lucky enough for you hypocrites to be the ones dropping.

[Anonymous]

Anonymous wrote:Second quarter economy was the best in 22 years. Heads are exploding all over the left.

https://www.cbsnews.com/news/stock-market-best-quarter-1998-coronavirus/

It's not that it is the best, it is being totally propped by the Fed, but go ahead and put all the chips into the DOW.

[Anonymous]

Anonymous wrote:ADP shows 2.4 million new jobs were created in June. Yep, V shape recovery and looking good for 45 in November.


https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-2-369-000-jobs-in-june-301086789.html

ADP reported 2.3m. economists predicted 2.9m. that's a 600k miss even with the govt giving businesses free money to rehire.

[Anonymous]

Anonymous wrote:The cupboards were empty (thanks Obama), yet 45 stopped everything and delivered supplies in a timely manner. That's because of this amazing economy and the ability to adapt. That will continue into the fall and we will be back.

Fake News

https://www.politifact.com/factchecks/2020/apr/08/donald-trump/trump-said-obama-admin-left-him-bare-stockpile-wro/

It was just stark incompetence and lack of planning that caused the problems.

[Anonymous]

California is locking down.

Bars are being closed all over the country, with other sectors soon to follow.

We aren't even out of the first wave, yet most of the world is moving on.

The US is going to get economically crushed.

Thanks Trump!

[Anonymous]

Anonymous wrote:

Anonymous wrote:ADP shows 2.4 million new jobs were created in June. Yep, V shape recovery and looking good for 45 in November.


https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-2-369-000-jobs-in-june-301086789.html

ADP reported 2.3m. economists predicted 2.9m. that's a 600k miss even with the govt giving businesses free money to rehire.

The same experts forecasted a negative 500k in jobs for May, which came in 3 million higher... silly lefties!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:ADP shows 2.4 million new jobs were created in June. Yep, V shape recovery and looking good for 45 in November.


https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-2-369-000-jobs-in-june-301086789.html

ADP reported 2.3m. economists predicted 2.9m. that's a 600k miss even with the govt giving businesses free money to rehire.

The same experts forecasted a negative 500k in jobs for May, which came in 3 million higher... silly lefties!

You are crowing about historic unemployment, but okay.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:ADP shows 2.4 million new jobs were created in June. Yep, V shape recovery and looking good for 45 in November.


https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-2-369-000-jobs-in-june-301086789.html

ADP reported 2.3m. economists predicted 2.9m. that's a 600k miss even with the govt giving businesses free money to rehire.

The same experts forecasted a negative 500k in jobs for May, which came in 3 million higher... silly lefties!

Uh, you don't remember how Trump was bragging about numbers that turned out to be totally false?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:ADP shows 2.4 million new jobs were created in June. Yep, V shape recovery and looking good for 45 in November.


https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-2-369-000-jobs-in-june-301086789.html

ADP reported 2.3m. economists predicted 2.9m. that's a 600k miss even with the govt giving businesses free money to rehire.

The same experts forecasted a negative 500k in jobs for May, which came in 3 million higher... silly lefties!

Lol, PPP. The government gave FREE money to businesses to put people back on the payroll for 6 weeks. Guess what's about to expire?

[Anonymous]

1 out of 12 businesses that got PPP have gone bankrupt so far. The program was six weeks long. That's just the tip of the iceberg.

[Anonymous]

Address the virus and the economy will correct itself. Ignore the virus and....