Worst quarter in US history

The U.S. GDP plunged nearly 33% as most of country shut down to deal with the coronavirus.

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Author: avnblogfeed

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44 thoughts on “Worst quarter in US history

  1. So stop minting them. Nobody uses currency in a physical existing state anymore. Even better, Go back to barter and trading. Its far less to have devistational impacts like we are seeing today… a stupid president with legal issues as to his money and mouth.

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  3. Trump has always said the economy is tied to the stock market so if it's doing well the economy is too . So question at at -34% economy and the stock market doing fairly well why is their andisconnect now

  4. 155,909 covid deaths 4,664,624 covid cases and counting, the impeached orange bone spurs bunker boy, person, woman, man, camera, tv president is doing a great job with the trump virus
    .

  5. Not in Phoenix AZ. Think we’re getting an influx of people who live in Nevada and California. All of whom have a current career.

  6. Trump: Well guys, I have a good news and a bad news to tell you.Which one do u want to hear first?
    the crowd: the bad one
    Trump: Our nominal gdp will go down by 33%.
    the crowd: Then what's the good news?
    Trump: Our gdp per capita rises. U see, I'm the best at being a president. Joe Biden will simply sell USA to China. He will never be able to improve our economy. If u r a good American, support me and MAGA!

  7. What is terrible is that the whole world are suffering the same economic down-turn.
    Hard hit Europe saw a 10% drop in its second quarter GDP.
    But now for the REALLY bad news for America :
    For a month now, Europe has mostly come out of the other side of the pandemic, because leaders and governments there took decisive action. The EU economies are on the up and up.
    The USA is a worse position forJuly than the previous three months, and if it continues into August and the fall, the third quarter GDP figures are going to be much much worse than negative 33%. We can't even begin to see the end of the epidemic in the USA !
    If POTUS on day one took advice and painfully closed the country down for 2 months when this virus first hit the states, it would all be over by now. But he didn't. He wouldn't. And came up with every idiotic statement under the sun to avoid taking scientific advice. "It will go away with the warm weather". "It is a hoax". "In a few weeks we will be down to zero cases". "We have warp speed for a vaccine, so there is no need to shut down or wear masks".
    Today, America is paying the price. While the rest of the world slowly normalises, the USA is in full catastrophe mode. In the medical world, such actions would be termed "proffessional incompetence", and the doctor sued, dishonorably discharged, and probably imprisoned.
    We all know the events of history : Pearl Harbor, World War 2, Korea, Vietnam, Osama Bin Laden, Saddam Hussain, Putin, Xi. This President has done more harm to America in his term of office, than all of those combined !
    He must be judged by the American people in November, in a way that makes it crystal clear to any future president wannabe, that THIS MUST NEVER HAPPEN AGAIN !

  8. Interesting how she fails to mention travel and tourism came to a halt. The citizens were spending, just on line. The real downturn I believe came from lack of travel, vacations, and international travelers not visiting or shopping or dining. Ppl really underestimate the restaurant/hospitality/tourism industry

  9. This not hurting the Hispanics and middle eastern and Japanese and Chinese Korean people. This is only hurting real American people .look around you and you can see that I am right. 🤔

  10. Mitch doesn’t want us unmotivated people nice to know that’s what he thinks about the American people that we are all trying to pull one over on them we are so greedy we love staying home Mitch it’s so much fun! not socializing rules you better keep all our tax dollars far away from us and charge us more we need it

  11. IN MANY HISTORIES UK USED MANY INDIA PEOPLE SOLDIERS N WHATEVER CENTURIES OF LIES / BULLY / KILLING / DISCRIMINATIONS / COLONIZATIONS, ETC. . GOD NOT TEACH JUST HOLD BIBLE N WHATEVER YOU WANT TO CENTURIES OF LIES / BULLY / KILLING / DISCRIMINATIONS / COLONIZATIONS, ETC. . IN CHINA HISTORIES EVEN IN CHINA'S LAND SOME AREAS ( CHINESE N DOGS DIDN'T GO IN ) STOP MAKE NEVER FORGOTTEN MISTAKES AGAIN N AGAIN THEN GOD SHOWN ALREADY MANY KINDS OF BIG PUNISHMENTS. IF YOU DON'T BELIEVE KEEP MISTAKES AGAIN N AGAIN THEN GOD IS VERY VERY POWERFUL THEN YOU WHO KEEP MISTAKES AGAIN N AGAIN. STOP ENOUGH IS ENOUGH AMEN.

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