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Atticus

(15,124 posts) Thu Jul 30, 2020, 07:34 AM Jul 2020

GDP down a record 32.9%. Are we tired of "winning" yet? nt

8 replies

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GDP down a record 32.9%. Are we tired of "winning" yet? nt (Original Post) Atticus Jul 2020 OP

Can you say depression? Soup lines are next. Lochloosa Jul 2020 #1

It doesn't have to be this way at all dalton99a Jul 2020 #2

This is not good, is it? kentuck Jul 2020 #3

Wow nt USALiberal Jul 2020 #4

Expected MoonlitKnight Jul 2020 #5

UE applications up again too to 1.4 million Johnny2X2X Jul 2020 #6

+1, ... and 867k increase in continuing claims. This is bad uponit7771 Jul 2020 #8

+1, ... and we have 5 more months of this direction and another 3 - 6 months of Biden turning uponit7771 Jul 2020 #7

Lochloosa

(16,432 posts)

1. Can you say depression? Soup lines are next.

Reply to Atticus (Original post)

Thu Jul 30, 2020, 07:42 AM

Jul 2020

dalton99a

(84,818 posts)

2. It doesn't have to be this way at all

Reply to Atticus (Original post)

Thu Jul 30, 2020, 07:48 AM

Jul 2020

Horrific

kentuck

(112,946 posts)

3. This is not good, is it?

Reply to Atticus (Original post)

Thu Jul 30, 2020, 07:51 AM

Jul 2020

The government will need to be very creative.

USALiberal

(10,877 posts)

4. Wow nt

Reply to Atticus (Original post)

Thu Jul 30, 2020, 07:52 AM

Jul 2020

MoonlitKnight

(1,585 posts)

5. Expected

Reply to Atticus (Original post)

Thu Jul 30, 2020, 08:01 AM

Jul 2020

The strategy was to open up and show a big increase for next quarter which will be released in October just before election.

Instead we got an increase in infections and death.

Johnny2X2X

(21,874 posts)

6. UE applications up again too to 1.4 million

Reply to MoonlitKnight (Reply #5)

Thu Jul 30, 2020, 08:04 AM

Jul 2020

1.4 million first time applications for UE, that's absolutely catastrophic in any year but this. The 3rd quarter is not going to be great, in fact it could end up shrinking slightly again because things are having to be shut back down.

All avoidable.

uponit7771

(91,964 posts)

8. +1, ... and 867k increase in continuing claims. This is bad

Reply to Johnny2X2X (Reply #6)

Thu Jul 30, 2020, 08:07 AM

Jul 2020

uponit7771

(91,964 posts)

7. +1, ... and we have 5 more months of this direction and another 3 - 6 months of Biden turning