The Dumpsterfire Economy

[bobabode]

'U.S. stocks slide after long weekend; Tesla tanks after S&P 500 snub
Big Tech continues to weigh on Wall Street, positioning the three major indexes for another day of steep losses.'

https://www.washingtonpost.com/busin...ge%2Fstory-ans


Thanks Deadbeat Don. Great job you're doing there. (rolls eyes)

[Pio1980]

So much winning!!
https://www.rawstory.com/2020/09/sta...f-america/amp/

[RickeyM]

Originally Posted by Pio1980

So much winning!!
https://www.rawstory.com/2020/09/sta...f-america/amp/

What the Democrats know, the Republicans need illustrated.

[Chicks]

Democratic election sweep win would add 7 million more jobs than a GOP one

https://finance.yahoo.com/news/democ...205257231.html

A Democratic sweep this election cycle would bring a faster recovery to the job market than a Republican one, according to a new analysis, adding millions of more jobs, shrinking the unemployment rate faster, and boosting the number of workers in the labor force higher.

Under a scenario where Democratic presidential nominee Joe Biden wins the presidency and both the Senate and the House of Representatives are controlled by Democrats, 18.6 million jobs would be added by 2024, according to the analysis from Moody’s Analytics.

...and not just minimum-wage (or less) jobs...

[Chicks]

Biden's education plan would help yield a stronger economy versus Orange Shitstain's

https://finance.yahoo.com/news/biden...194640280.html

Joe Biden’s plans for education would dent the U.S. budget — especially compared with President* Donald Trump’s — but the spending would be a key factor in boosting the economy even more, according to a new analysis from Moody’s Analytics.

“Biden and Trump are night and day on their commitment to supporting education,” Mark Zandi, Moody’s chief economist, told Yahoo Finance. “Biden is all in on it and Trump is AWOL.”

[Chicks]

Disney to lay off 28,000 employees as coronavirus slams its theme park business

https://www.cnbc.com/2020/09/29/disn...-business.html

Great job, Donny! MAGA!

[Chicks]

U.S. economy contracts at 31.4% annualized rate in second quarter

https://finance.yahoo.com/news/u-eco...123839776.html

Thanks, Donny! MAGA!

[Chicks]

The US debt is now projected to be larger than the US economy

https://www.cnn.com/2020/10/08/econo...cbo/index.html

SO MUCH WINNING!

[Chicks]

Jobless claims: Another 898,000 Americans filed new unemployment claims last week

https://finance.yahoo.com/news/joble...183353138.html

How many of the millions unemployed by Donny will still be foolish enough to vote for him?

[Chicks]

US budget deficit hits all-time high of $3.1 trillion

https://finance.yahoo.com/news/us-bu...180858849.html

The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring.

The Trump administration reported Friday that the deficit for the budget year that ended on Sept. 30 was three times the size of last year's deficit of $984 billion. It was also $2 trillion higher than the administration had estimated in February, before the pandemic hit.

It was the government's largest annual deficit in dollar terms, surpassing the previous record of $1.4 trillion set in 2009.

FOUR MORE YEARS! MAGA!