Posted on 04/04/2020 3:25:23 PM PDT by Hostage
The U.S. recession is here. How long it will last will depend on the course of a viral pandemic that could still kill hundreds of thousands of Americans, and has most of the country under lockdowns aimed at slowing the infection's spread.
But how quickly the world's biggest economy will recover will depend on how much aid the government gives it, and how effectively it can be used to stem what are already millions of job losses, Fed officials said on Thursday.
"One thing we know from 2008, when you had millions and millions and millions of Americans losing their jobs, it took more than a decade to put the labor market back together," Minneapolis Federal Reserve Bank President Neel Kashkari said in a webcast townhall event. "I'm really pleased that a lot of the action by the federal government and the state governments has been focused on trying to keep workers in their jobs."
(Excerpt) Read more at newsmax.com ...
Whatever.
I’ve seen and been in boxing matches where one guy got PULVERIZED for the first numbers of rounds.
It was over. He had no chance. He was going down.
And then he won.
That’s Trump
And that’s the United States of America!
I don’t know if we’ve conversed before but I like you! :)
Hell, Fauci does not support Fauci. He changes tacks every couple of hours like a sailor on a slalom course.
“So. If this was all their doing,”
It’s their doing. Orange man bad. They are in fact that blinded by hate and rage. It is Biblical in its magnitude. They didn’t plan it, they dont plan anything anymore. They react savagely, blindly wildly. They were attacking Trump for recognizing the Corona 19. Then they flipped 180 degrees when they saw they could take down the economy. There is one reason and one reason alone that we are sitting home everyday: Donald Trump is POTUS.
Why should we believe anything they have to say about anything.
They are comparing apples and tire irons. If (big IF) we are in a “recession” it will be like none before it since the situation is so different I doubt any expert in the field ever gave a second of thought about the current situation.
The economy was humming a long before the pandemic. Almost all work stopped not because of lack of customers but because the workers were told to go home and sit on their butts.
While some industries will be slow to recover (cruise lines and movie theaters) many others will hit the ground running when the word is given to go back to work.
If this is a recession then it is my opinion it will be the shortest one on records.
Democrats will be sadden by the the news.
Re: 7 - And writing that kind stuff on FR just potentially gets the attention of law enforcement.
Don’t be a goof.
Did or did not Fauxcy say the other day that he wanted to shut every place in the US down?
Well duh...
Really?
No Trump voter is not going to vote for him.
And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family? Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand?... The Organs would very quickly have suffered a shortage of officers and transport and, notwithstanding all of Stalin’s thirst, the cursed machine would have ground to a halt! If...if...We didn’t love freedom enough. And even more – we had no awareness of the real situation.... We purely and simply deserved everything that happened afterward.
Aleksandr I. Solzhenitsyn , The Gulag Archipelago 1918–1956
Anyone who does not vote for President Trump is a fool.
Hopefuly it will never come to that. If they come for the 2nd, then all bets are off.
Oh. They say they ARE coming after you guns. Soon we will be making hard choices. The baby boomers squandered all the hard work of the greatest generation.
Unfortunately for the Dems, the recession will be in Trump time whivpch means it will be over long before the election.
Did or did not you take Fauci out of context? The answer is, you did. Stop the non sense and aim your efforts against the Rats, like Biden, and the never Trumpers and support what the task force is trying as best as possible to do in these crazy times to save lives.
Give me the “context”.
Yes my heart is breaking too.
We are fine so far.
But I know many who are not and their anxiety and misery are palpable. It’s really bad for some.
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