US economy shrinks 4.8% in Q1

[Johnny2X2X]

Worst quarter since 2008 and it's just the tip of the iceberg. Trump's poor response to the virus is 100% to blame.

https://www.cnn.com/2020/04/29/economy/us-economy-downturn-coronavirus/index.html

[gratuitous]

1. Hmm, seems like a good question to pose to the President

He certainly likes to shower himself in glory for anything that goes right (like water being wet or the sun rising in the east). What sort of responsibility will he take for this dismal economic news?

Spoiler alert: None.

[empedocles]

2. good question to 'pose' to 'the President', [with all irony]

[SoonerPride]

3. "No one could have seen this coming. I take no reposnsibility. Only I can fix it"

"I am so great!"

followed by more nonsense and lies.

I hate him so much it is probably illegal.

[Demovictory9]

6. "what have you got to looooose" said with anus mouth pout.

[Claustrum]

4. And somehow the stock market opens with 400 points up

Yeah. Stock market is totally the economy /s

[Johnny2X2X]

5. What will a Q3 recovery look like?

Growth is a tough metric to effect. -4.8% was vs -4.0% expected. The Coronavirus really barely effected this until mid March. We know Q2 numbers are going to fall off a cliff, so what will a Q3 "recovery" look like? We know the numbers will come out about a week before the election. So would Q3 growth of -6% be good? IS Trump going to close his campaign with, "look, we only shrunk by 6% last quarter, MAGA!"

Trump 2020, It could be worse? New campaign slogan?