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To: dp0622
Well, there is a decent chance we will end up in a depression - a real one. Almost 40 million - 40 million have applied for unemployment. The White House has said unemployment is at least 20% now and growing every day. During the depression, unemployment was 25%.

Every organization it seems has tried to estimate the decline of GDP for the second quarter and it ranges from -20% to -40% - which is just jaw dropping, but believable. I looked it up and the worst quarter during the depression was a drop of -12.4% in 1932.

I'm hearing more and more references of depression when the media is discussing the economy. Obviously, this is why Trump wants everything to open up and it appears he is becoming insistent, phases be damned because he is obviously aware of the economic calamity that is occurring all across the country.

Hopefully, the low information voters know this is man made, but anything Trump did prior to March is absolutely irrelevant now. Covid-19 is all the voters will care about in November and will judge Trump on their own personal verdict. How Trump handled it and who they think can get the country moving again. Nothing else will matter - even Spygate, unfortunately.

From what I have seen with my church, there is true hunger out there and this is the first time in my life I have seen that. Just driving around my area, I see restaurants permanently closed along with small businesses.

Trump's campaign team has got to be anxious since they have to come up with a brand new reelection strategy after spending 3 years developing one and now having to throw it out and start all over again.

Pity, because 2020 was shaping up to be the best year for republicans since 1980.

51 posted on 05/23/2020 1:57:31 AM PDT by Dave W
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To: Dave W

really accurate post

i am lucky in that i know VERY FEW people who have lost their jobs

maybe 2 out of 40 in the family

but they are higher end professional jobs

they may go soon too

i pray not


57 posted on 05/23/2020 3:08:18 AM PDT by dp0622 (Radicals N racists dont point ftingers at me I'm a small town white boy Just tryin to make ends meet)
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