It's the Economy Stoopid

[Anonymous]

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?

[Anonymous]

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

[Anonymous]

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

How many 20 something year olds had to have a lung transplant because of the flu? How many hospitals were overwhelmed by it (see NY and Italy)? How many doctors and nurses caught the flu from those patients and died from it? How many EMTs were on the edge of PTSD because of the flu?How many ambulances were carrying flu patients?

Your bet about suicides is not confirmed. Just as many people are feeling more relaxed because they are working from home or not working in stressful jobs/not dealing with stress of traffic every day.

[Anonymous]

The U.S. national debt has surpassed $26 trillion.

Party of fiscal restraint.

LOLOLOLOLOL.

[Anonymous]

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

You really need to look at the methodology behind how that 80K is calculated, first of all. We won't know the actual numbers from COVID for a couple of years (the current numbers are almost always revised upwards).

[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.

I don't understand. Is this some form of DCUM performance art?

[Anonymous]

Anonymous wrote:The U.S. national debt has surpassed $26 trillion.

Party of fiscal restraint.

LOLOLOLOLOL.

Which is a little above 100% of our GDP. Meanwhile Europe has long been above 100% of GDP, except Germany and England. If we go back to the gold standard (US around $100 trillion in holdings) our debt is less than 30%.

Party of moving the goalpost just got restraint.

LOLOLOLOLOL.

[Anonymous]

Covid started in Wuhan almost a year ago.

[Anonymous]

Anonymous wrote:Covid started in Wuhan almost a year ago.

How did those Democrat hoaxsters pull that one off? That's some complicated long con!

[Anonymous]

Anonymous wrote:

Anonymous wrote:The U.S. national debt has surpassed $26 trillion.

Party of fiscal restraint.

LOLOLOLOLOL.

Which is a little above 100% of our GDP. Meanwhile Europe has long been above 100% of GDP, except Germany and England. If we go back to the gold standard (US around $100 trillion in holdings) our debt is less than 30%.

Party of moving the goalpost just got restraint.

LOLOLOLOLOL.

https://thehill.com/opinion/finance/502189-another-bad-economic-idea-has-come-back-into-fashion

According to the Congressional Budget Office, as a result of the government’s recent massive fiscal stimulus programs, the budget deficit is set to reach a staggering 17.9 percent of GDP in 2020 before receding to a still very high 9.8 percent of GDP in 2021. That in turn will take the U.S. public debt-to-GDP ratio to a higher level than it reached in the immediate aftermath of World War II.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The U.S. national debt has surpassed $26 trillion.

Party of fiscal restraint.

LOLOLOLOLOL.

Which is a little above 100% of our GDP. Meanwhile Europe has long been above 100% of GDP, except Germany and England. If we go back to the gold standard (US around $100 trillion in holdings) our debt is less than 30%.

Party of moving the goalpost just got restraint.

LOLOLOLOLOL.

You shot yourself in the foot. The US doesn't have $100 trillion in gold. The total value of all the gold in the world is about $10 trillion at today's prices.

https://en.m.wikipedia.org/wiki/Gold_holdings

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The U.S. national debt has surpassed $26 trillion.

Party of fiscal restraint.

LOLOLOLOLOL.

Which is a little above 100% of our GDP. Meanwhile Europe has long been above 100% of GDP, except Germany and England. If we go back to the gold standard (US around $100 trillion in holdings) our debt is less than 30%.

Party of moving the goalpost just got restraint.

LOLOLOLOLOL.

https://thehill.com/opinion/finance/502189-another-bad-economic-idea-has-come-back-into-fashion

According to the Congressional Budget Office, as a result of the government’s recent massive fiscal stimulus programs, the budget deficit is set to reach a staggering 17.9 percent of GDP in 2020 before receding to a still very high 9.8 percent of GDP in 2021. That in turn will take the U.S. public debt-to-GDP ratio to a higher level than it reached in the immediate aftermath of World War II.

Debt and deficit are two different terms. Try to keep up.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The U.S. national debt has surpassed $26 trillion.

Party of fiscal restraint.

LOLOLOLOLOL.

Which is a little above 100% of our GDP. Meanwhile Europe has long been above 100% of GDP, except Germany and England. If we go back to the gold standard (US around $100 trillion in holdings) our debt is less than 30%.

Party of moving the goalpost just got restraint.

LOLOLOLOLOL.

https://thehill.com/opinion/finance/502189-another-bad-economic-idea-has-come-back-into-fashion

According to the Congressional Budget Office, as a result of the government’s recent massive fiscal stimulus programs, the budget deficit is set to reach a staggering 17.9 percent of GDP in 2020 before receding to a still very high 9.8 percent of GDP in 2021. That in turn will take the U.S. public debt-to-GDP ratio to a higher level than it reached in the immediate aftermath of World War II.

Debt and deficit are two different terms. Try to keep up.

Debt-to-GDP and Deficit-to-GDP are both important metrics. I can't find reliable estimates of 2020 GDP. Will it be $20 trillion or $18 trillion? Either way $26 trillion in debt is not "a little" above the U.S. GDP.

[Anonymous]

The US holds 8,123 tons of gold (both public and private). At current value per ounce ($1,725 per ounce) equates to $448 trillion. Yay USA!

[Anonymous]

Gold holdings by country. USA @ 8,133 metric tons

https://www-forbes-com.cdn.ampproject.org/v/s/www.forbes.com/sites/greatspeculations/2018/07/05/top-10-countries-with-largest-gold-reserves/amp/?amp_js_v=a3&_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=15919056521829&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fgreatspeculations%2F2018%2F07%2F05%2Ftop-10-countries-with-largest-gold-reserves%2F