It's the Economy Stoopid

[Anonymous]

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.

[Anonymous]

If Trump were a normal President this would be true. But many of us believe that he is severely damaging the U.S. long term, even if the economy is temporarily good. I will not vote for him.

[Anonymous]

we're in a recession now so....

[Anonymous]

I think there is a correlation between the days that trump is in office and the amount of people that despise him and the degree of loathing those of us who have hated this two bit mafioso for quite some time.

[Anonymous]

Mostly recovered?

[Anonymous]

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.

[Anonymous]

well, I doubt the economy will have recovered by October, so....

[Anonymous]

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.

And an unchecked pandemic that is taking at least 1,000 American lives every day.

[Anonymous]

Anonymous wrote:Mostly recovered?

Conflating the stock market with the economy...

[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.

And an unchecked pandemic that is taking at least 1,000 American lives every day.

Yup. https://www.bloomberg.com/news/articles/2020-06-10/second-u-s-virus-wave-emerges-after-state-reopenings

[Anonymous]

2.5 million new jobs in May vs concensus from the economists at -8 million.

Stock market at new highs

Lowest and cheapest debt ever

[Anonymous]

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.

The US economy is in a recession. Unemployment will remain high. Nothing has changed for the better in the last four years.

[Anonymous]

Jesus, you believed that bullshit jobs report, didn't you?

Talk about FAKE NEWS

[Anonymous]

Anonymous wrote:2.5 million new jobs in May vs concensus from the economists at -8 million.

Stock market at new highs

Lowest and cheapest debt ever

The fact that this is happening right now should prove to you, once and for all, how limited its relevance is.

[Anonymous]

Many people have no job. Many companies have a hiring freeze. Many companies have no pay raise. Some companies have layoffs. What economy you are talking about exactly?