Trump's shutdown could reduce economic growth to zero

[Cypress]

Apparently, Trump's shutdown could destroy the decade long Obama economic recovery.

Jamie Dimon says shutdown could reduce economic growth to zero this quarter if it continues

Jamie Dimon, the J.P. Morgan Chase CEO who has been bullish on the U.S. economy, said the partial government shutdown could wipe out growth from the world's biggest economy.

"Someone estimated that if it goes on for the whole quarter, it can reduce growth to zero," Dimon told reporters on a media call to discuss fourth-quarter results. "We just have to deal with that. It's more of a political issue than anything else."

Dimon, who is also chairman of the Washington, D.C.-based Business Roundtable, said that while the "underlying statistics for the economy globally are not bad," the bank will be prepared for the eventual downturn.

https://www.cnbc.com/2019/01/15/jami...continues.html

[Callinectes]

Build the fucking wall then

[archives]

Build the fucking wall then

And piss away billions to appease narcissistic individual who can't accept the fact he was wrong

[Cypress]

Build the fucking wall then

Dump said Mexico was paying for it.

[Callinectes]

Apparently, Trump's shutdown could destroy the decade long Obama economic recovery.

[katzgar]

Build the fucking wall then

no need for stupid

[Callinectes]

And piss away billions to appease narcissistic individual who can't accept the fact he was wrong

Ah, there it is bot, the "vanity wall". I see you're getting your daily talking points from shumer/pelosi. So were THEY wrong when they were for the wall before they were against it?

[Sailor]

no need for stupid

True. You pretty much have that all wrapped up.

[Heff]

The press and their base care more about government bureaucrats than they do small businesses and the American worker.

[katzgar]

True. You pretty much have that all wrapped up.

you mean there will be no wall, that is correct

[Sailor]

you mean there will be no wall, that is correct

No. I mean you have all the stupid in your possession already Andrew.

[canceled.2021.1]

And piss away billions to appease narcissistic individual who can't accept the fact he was wrong

Well I guess you don’t care enough. $5 billion gets you off the hook

Come on. You can do it.

BTW the OP is laughable

This hasn’t caused a blip in the economy.

The stock market loves the shut down so far

[Cypress]

Well I guess you don’t care enough. $5 billion gets you off the hook

Come on. You can do it.

BTW the OP is laughable

This hasn’t caused a blip in the economy.

The stock market loves the shut down so far

The shutdown and any resultant economic damage to the decade-long Obama Economic Recovery is totally the responsibility of your Fat Orange Pig.

Even the White House knows the government shutdown is causing serious economic problems for the US

The US economy is taking a hit from the partial shutdown of the federal government and even the White House thinks it may be even worse than originally estimated.

After a tweak to the internal White House model, the administration now expects that the shutdown will deduct 0.13 percentage points from quarterly GDP for every week the closure persists, a White House official told INSIDER

https://www.businessinsider.com/gove...stimate-2019-1

[Cypress]

Shutdown’s Economic Damage Starts to Pile Up, Threatening an End to Growth

WASHINGTON — The partial government shutdown is inflicting far greater damage on the United States economy than previously estimated, the White House acknowledged on Tuesday, as President Trump’s economists doubled projections of how much economic growth is being lost each week the standoff with Democrats continues.

The revised estimates from the Council of Economic Advisers show that the shutdown, now in its fourth week, is beginning to have real economic consequences. The analysis, and other projections from outside the White House, suggests that the shutdown has already weighed significantly on growth and could ultimately push the United States economy into a contraction.

https://www.msn.com/en-us/news/us/sh...cid=spartandhp

[Cypress]

Polls Show Americans Overwhelmingly Blame Trump for His Economy-Damaging Government Shutdown

A Washington Post/ABC News poll released on Sunday found 53 percent of respondents believe that Trump and Republicans are "mainly responsible" for the shutdown, while only 29 percent blame Democrats in Congress.

A CNN poll conducted by SSRS, also released on Sunday, indicated that 55 percent of adults surveyed believe Trump bears primary responsibility, while 32 percent point the finger at Democrats.

https://www.msn.com/en-us/news/polit...cid=spartandhp