The surveyed economists noted schools would be able to more easily reopen had cases been mitigated throughout the spring and summer, and also pointed toward indoor dining as the first industry that should shut down if there were a spike in cases.
While stocks have largely recovered from the spring crash, a surge in cases in the fall and winter could once again hurt the market, and unemployment remains at record highs, with around 30 million receiving some form of unemployment benefits. Negotiations on a new federal stimulus package remain at an impasse, with the GOP's most recent offering, which included only $300 billion in new spending, failing in the Senate while the House Democrats' $3.4 trillion Heroes Act in May has yet to be taken up in the Senate.As early as March, when the outbreak was deemed a global pandemic and the White House declared a national emergency, President Trump was pushing to reopen the country due to the effects lockdowns had on the economy.
DionForIndiana Which leftist came up with this trash
JimLucas0311 TorrJer RainwaterForIN Jorgensen4POTUS RepThomasMassie justinamash We’re barely hanging on in so many areas as it is..........
Lmfao!!!
Bullshit! Where are people getting money from? US is 30 trillion in the whole. Idiot.
Bullshit
Then how come Tennessee, Idaho and Florida are doing so much better than NY, California and Washington?
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Experts Think The Economy Would Be Stronger If COVID-19 Lockdowns Had Been More Aggressive74% of economists surveyed by FiveThirtyEight say the U.S. would be in a better economic position now if lockdowns had been more aggressive at the beginning of the crisis. FiveThirtyEight So does the Alt-Left want a 'dictator in chief' or not..? Because governor's run the states in the U.S. FiveThirtyEight I sincerely considered this obvious enough that it didn’t require economists to verify it. FiveThirtyEight EXACTLY LOOK AT ITALY!! Stricter policies and they are back to almost normal even a large cruise ship has left port!!! tRUMPVIRUS GOPGENOCIDE GOPKILLED200KAMERICAS
Source: ABC - 🏆 471. / 51 Read more »
UK ponders second COVID-19 lockdown as outbreak acceleratesBritish Prime Minister Boris Johnson was on Monday pondering a second national lockdown as an accelerating coronavirus outbreak threatened to destroy any shoots of economic recovery and send millions back into isolation. Wear. A.Mask. It’s not hard.
Source: Reuters - 🏆 2. / 97 Read more »
Global shares fall sharply, investors seek safety as COVID-19 cases riseMarkets turned risk-averse on Monday and European shares hit their lowest in seven weeks as rising COVID-19 infection rates in Europe prompted renewed lockdown measures, casting doubt over economic recovery. Please do not overreact... This time e second wave is prevented by much smarter interventions while life goes on. Your page is not working
Source: Reuters - 🏆 2. / 97 Read more »
UK manufacturers see little sign of 'V'-shaped recoveryBritish manufacturers see no evidence of a 'V'-shaped recovery from the coronavirus pandemic underway and many are planning to slash investment, a business survey showed on Monday. Ain't gonna be no V's anywhere. Dont see the price of the audi R8 or Q8 coming down though ? Must be doing ok!! Still lockdown unable to gather in too many places
Source: Reuters - 🏆 2. / 97 Read more »
TikTok tussle shows the uneven economic ‘decoupling’ that has accelerated between U.S. and ChinaTrump is still angry at Xi Jingping because he won't forgive Trump's loans w/the Bank of China, another failed attempt at quid pro quo by Trump. IT'S TIME WE ALL COME TO THE REALIZATION that Trump's only interest is his re-election & that Trump couldn't care less about anything or anyone else. 'TRUMP WILL SAY & DO ANYTHING' he thinks will secure his re-election, even endangering other people's lives. Trump's no leader.
Source: washingtonpost - 🏆 95. / 72 Read more »
Six months into the pandemic, the US economic outlook is getting gloomierAs of last week, the economy was operating at about 76% of where it was before the pandemic, the Back-to-Normal Index created by CNNBusiness and Moody's Analytics estimates. Now, economic recovery could be heading in the wrong direction. Business There is no 'pandemic'. It is a sad little respiratory virus, wrongfully blamed for millions of deaths. It has a 99.5% survival rate for healthy people, and is no threat to those under 18. This is all engineered drama with a purpose. Business Open back up!!! Keep seniors at home Business I dont wanna have tu remind yu that Rabies is now treatable in both human and animal species... So is Ebola where the Leeches are not as Aggressive as they are in Africa.. The common Cold and Flu are lasting half their normal duration at the very most..
Source: CNN - 🏆 4. / 95 Read more »