U.S. Economy Faces Projected 10-Year Recovery From Coronavirus Effects

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The U.S. economy could take the better part of a decade to fully recover from the coronavirus pandemic and related shutdowns, a U.S. budget agency said

The Congressional Budget Office, a nonpartisan legislative agency, said the sharp contraction triggered by the coronavirus caused it to mark down its 2020-30 forecast for U.S. economic output by a cumulative $7.

9 trillion, or 3% of gross domestic product, relative to its January projections. GDP...

Source: Financial Digest (financialdigest.net)

 

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To say nothing of looting and riots

We never really rebounded from 2008

And most of it was based on bad govt estimates. All they had to do was isolate intl cities and limit travel, but it was easier to treat everyone the same. I dont have any kids so i dont care, but ur kids just got huge tax bills

But stocks go brrrrr

Nasdaq stocks all time highs 😂

Are you tired of 'winning' yet? Suggest voting on November 3rd.

We need to hold the federalreserve to account. Using a crisis as a time for giving generous bailouts to overleveraged firms without anyone's consent is criminal. Stop the looting. Hold the federalreserve accountable! OccupyTheFed

Bunker Boy, aided by Moscow Mitch, built a runaway economy and removed the regulatory guardrails well before SARS-2.

It will take a Democratic President. They always clean up GOP depressions!

Thirty to fifty years, minimum.

Ugh

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