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Soaring Eagle 74

Freshman
Jan 4, 2008
22,888
69
0
As in the Great Depression.

Unemployment
  • Peak unemployment during the Great Depression reached a staggering 24.9% in 1933, according to the Bureau of Labor Statistics.
  • Federal Reserve Bank of St. Louis President James Bullard told Bloomberg that the U.S. unemployment rate could hit 30% next quarter.
GDP
  • In 1930, U.S. gross domestic product—the value of all the goods and services the country produces— shrank by 8.5% as the economy contracted; it lost another 6.4% in 1931, and yet another 12.9% in 1932.
  • Next quarter, Bullard predicts a 50% drop in GDP as a result of the outbreak.
  • Yesterday, Morgan Stanley said it is predicting a 30.1% decline in GDP next quarter—that would be the worst quarterly performance in 74 years, according to Politico.
Stocks
  • During the depths of the Great Depression, in 1931, the Dow Jones Industrial Average lost a little over 30% over the course of one month, according to data from Morningstar Direct.
  • According to Bespoke Investment Group, the S&P’s 34% decline over the last month is the steepest market drop in that period of time since 1931.
 
DvlDog4WVU

DvlDog4WVU

All-Conference
Feb 2, 2008
47,357
3,496
113
Soaring Eagle 74 said:
As in the Great Depression.

Unemployment
  • Peak unemployment during the Great Depression reached a staggering 24.9% in 1933, according to the Bureau of Labor Statistics.
  • Federal Reserve Bank of St. Louis President James Bullard told Bloomberg that the U.S. unemployment rate could hit 30% next quarter.
GDP
  • In 1930, U.S. gross domestic product—the value of all the goods and services the country produces— shrank by 8.5% as the economy contracted; it lost another 6.4% in 1931, and yet another 12.9% in 1932.
  • Next quarter, Bullard predicts a 50% drop in GDP as a result of the outbreak.
  • Yesterday, Morgan Stanley said it is predicting a 30.1% decline in GDP next quarter—that would be the worst quarterly performance in 74 years, according to Politico.
Stocks
  • During the depths of the Great Depression, in 1931, the Dow Jones Industrial Average lost a little over 30% over the course of one month, according to data from Morningstar Direct.
  • According to Bespoke Investment Group, the S&P’s 34% decline over the last month is the steepest market drop in that period of time since 1931.
Click to expand...
What’s going to be even funnier is that even with that, he’s going to go re-elected. What’s that say about your party and platform that this Orange Motherfvcker can be re-elected with an economy like that? Hahahahaha
 
B

Boomboom521

Redshirt
Mar 14, 2014
20,115
6
0
DvlDog4WVU said:
What’s going to be even funnier is that even with that, he’s going to go re-elected. What’s that say about your party and platform that this Orange Motherfvcker can be re-elected with an economy like that? Hahahahaha
Click to expand...
It’s less the platform, and more in the delivery, imo. The right has an insane press defense on any issue that’s debatable. On the issues they don’t really have answers for, they call the old communist play, and Democrats still don’t know how to beat it.

Always putting their hope on that the young hotshot shows up late and takes the game over down the stretch. But Biden ain’t the paycheck they are holding out for, so I’m guessing they will just keep calling foul and hope it jacks the other teams rhythm.

Shumer and Pelosi are like less awesome versions of Jackie Moon, and they don’t have Coffee Black coming in either.
 
W

WVU82_rivals

Senior
May 29, 2001
199,091
696
0
 
Brushy Bill

Brushy Bill

Hall of Famer
Mar 31, 2009
61,451
130,260
113
Boomboom521 said:
It’s less the platform, and more in the delivery, imo. The right has an insane press defense on any issue that’s debatable. On the issues they don’t really have answers for, they call the old communist play, and Democrats still don’t know how to beat it.

Always putting their hope on that the young hotshot shows up late and takes the game over down the stretch. But Biden ain’t the paycheck they are holding out for, so I’m guessing they will just keep calling foul and hope it jacks the other teams rhythm.

Shumer and Pelosi are like less awesome versions of Jackie Moon, and they don’t have Coffee Black coming in either.
Click to expand...
it could just be that liberalism in all its flavors is batshit crazy.
 
atlkvb

atlkvb

All-American
Jul 9, 2004
83,553
7,627
113
Soaring Eagle 74 said:
As in the Great Depression.

Unemployment
  • Peak unemployment during the Great Depression reached a staggering 24.9% in 1933, according to the Bureau of Labor Statistics.
  • Federal Reserve Bank of St. Louis President James Bullard told Bloomberg that the U.S. unemployment rate could hit 30% next quarter.
GDP
  • In 1930, U.S. gross domestic product—the value of all the goods and services the country produces— shrank by 8.5% as the economy contracted; it lost another 6.4% in 1931, and yet another 12.9% in 1932.
  • Next quarter, Bullard predicts a 50% drop in GDP as a result of the outbreak.
  • Yesterday, Morgan Stanley said it is predicting a 30.1% decline in GDP next quarter—that would be the worst quarterly performance in 74 years, according to Politico.
Stocks
  • During the depths of the Great Depression, in 1931, the Dow Jones Industrial Average lost a little over 30% over the course of one month, according to data from Morningstar Direct.
  • According to Bespoke Investment Group, the S&P’s 34% decline over the last month is the steepest market drop in that period of time since 1931.
Click to expand...

Isn't it interesting how you had nothing to say about the record numbers our economy was tracking just three weeks ago when the March jobs report showed more a quarter million new jobs created, and unemployment at an all time low?

So Trump is so incompetent, yet alternately so powerful that all by himself he turned a record economy into near depression levels of ineptness inside of roughly three weeks?

All by himself no less? Nothing else happened?
 
Last edited:
atlkvb

atlkvb

All-American
Jul 9, 2004
83,553
7,627
113
Soaring Eagle 74 said:
As in the Great Depression.

Unemployment
  • Peak unemployment during the Great Depression reached a staggering 24.9% in 1933, according to the Bureau of Labor Statistics.
  • Federal Reserve Bank of St. Louis President James Bullard told Bloomberg that the U.S. unemployment rate could hit 30% next quarter.
GDP
  • In 1930, U.S. gross domestic product—the value of all the goods and services the country produces— shrank by 8.5% as the economy contracted; it lost another 6.4% in 1931, and yet another 12.9% in 1932.
  • Next quarter, Bullard predicts a 50% drop in GDP as a result of the outbreak.
  • Yesterday, Morgan Stanley said it is predicting a 30.1% decline in GDP next quarter—that would be the worst quarterly performance in 74 years, according to Politico.
Stocks
  • During the depths of the Great Depression, in 1931, the Dow Jones Industrial Average lost a little over 30% over the course of one month, according to data from Morningstar Direct.
  • According to Bespoke Investment Group, the S&P’s 34% decline over the last month is the steepest market drop in that period of time since 1931.
Click to expand...

Two things I 100% guarantee you cannot do:

1) You cannot name the Trump policy(s) that caused all of those numbers you just posted trying to blame him for the sudden economic downturn.

2) You cannot name the Democrat policy (s) to bring those numbers back up past where they were before they suddenly dropped.

You cannot.

as a bonus...
3) You will not acknowledge you're a miserable Trump hating Leftist with no plan to vote for or no one better to vote for than Trump.

You will not! Know why?

This is your guy

Good luck! [laughing]
 
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