Trump shut down the economy
MAGA Economy: Unemployment Soars to 14.7%
- Thread starter exGOPer
- Start date
And a host of governors and Mayors. You want one man removed while ignoring all the other participants who play the game and have been there for decades. Since I know you're not that stupid as to think one fucking guy is responsible for this cluster fuck, I must conclude your political bias trumps your intellect.
“Workers filed another 2.4 million unemployment claims last week, continuing a wave of historically high filings since the economic fallout from the coronavirus pandemic began,” the Wall Street Journal reports.
Bloomberg reports about 38.6 million initial unemployment insurance claims have been filed since the pandemic began.
Bloomberg reports about 38.6 million initial unemployment insurance claims have been filed since the pandemic began.
If the US is in dire straits, look at the other guys. European Union in huge shambles and they have trade issues with the US and China coming up. How many countries in the European Union will need bailouts real soon? China, the so called King of the economic world according to extreme liberal media hacks promoting China has lost tens of millions of jobs and more on the way with 80% of its companies reliant on the export economy. Let that sink in. With exports to Europe and the US drying up, Chinese companies have become bankrupt and their employees all out of jobs for good. Argentina, a very Socialist country is headed to its 9th default? US will come back and even stronger. I have no doubt of it. New US industries will be born out of the Corona Virus and with it, US jobs. The US is in better shape economically, than most countries. That is the reason Democrat governors are keeping their states locked up in an effort to damage President Donald Trump's re-election chances. They do not even care about their constituents and their welfare. Using extreme hysteria and panic fomented by extreme liberal media to justify their states shutdowns.
I will note that the EU is proposing a $543 Billion Recovery Fund. The size of the proposed funding is likely to increase.
Germany, France Propose $543 Billion EU Coronavirus Recovery Fund
https://www.npr.org/sections/corona...pose-543-billion-eu-coronavirus-recovery-fund
‘How the Trump White House sees you’: President’s economic adviser calls workers ‘human capital stock’
“They’ve always been indifferent to human life. And in the face of mass death, the masks are coming off.”
In a remark critics characterized as further evidence that the Trump administration views workers as nothing more than disposable tools of economic growth and corporate profit, White House economic adviser Kevin Hassett on Sunday nonchalantly referred to laid-off employees as “human capital stock” as he pushed people to return to their jobs amid the Covid-19 pandemic.
Voicing optimism about the potential for a speedy economic recovery even as U.S. unemployment surges to levels not seen since the Great Depression, Hassett told CNN Sunday that “our capital stock hasn’t been destroyed, our human capital stock is ready to get back to work, and so that there are lots of reasons to believe that we can get going way faster than we have in previous crises.”