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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums9.0 economy earthquake confirmed just now
Thursday July 30, 2020 · 8:06 AM CDT
I was sleeping and a 4.2 earthquake woke me up at 4:30AM. I live in Los Angeles. So Ive been watching the news and I just heard about another earthquake;
Q2 GDP: US economy contracted by worst-ever 32.9% in Q2, crushed by coronavirus lockdowns
At 32.9%, the second-quarter annualized contraction marked by far the worst plunge ever recorded, based on Bureau of Economic Analysis data spanning back to 1947. Before the pandemic, the worst GDP print on record was in the first quarter of 1958, when GDP fell 10.0% on an annualized basis.
This is actually worse than I expected when I started scratching my head about an upcoming economy implosion months ago.
Snip
https://www.dailykos.com/stories/2020/7/30/1965095/-9-0-economy-earthquake-confirmed-just-now
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9.0 economy earthquake confirmed just now (Original Post)
LiberalArkie
Jul 2020
OP
Doodley
(9,176 posts)1. Would have been avoided if the government had a policy to test everyone and isolate all those who
were infected, and initiate a ten-billion dollar public awareness program to wear masks.
Dream Girl
(5,111 posts)2. And thus Trump floats delaying the election. Look over there!
Sneederbunk
(14,319 posts)3. All hail the Trump Economy!
marybourg
(12,648 posts)4. Trump, Eisenhower.
But I thought publicans were good for the economy.