Guno צְבִי (01-27-2022)
Guno צְבִי (01-27-2022)
Why can't you read AND understand the entire post before you start typing?
I DO think Trump mishandled Coivd-19.
He should NEVER have allowed the lockdowns and taken every state/municipality to court whom tried (though you TOTALLY disagree with that).
That would have stopped the lockdowns before they began...and the 'Covid Depression' NEVER would have happened in America.
But - you are right - he tried to sit on the fence too much.
Now....
MY QUESTION HAS NOTHING TO DO WITH TRUMP OR BIDEN!!!
THIS IS A MACROECONOMIC QUESTION ONLY.
OKAY?
Last time...
True or false, please?
The 'Covid Depression' was caused by the lockdowns...period.
That means that when the lockdowns were lifted...the economy should automatically rebound back to near, pre-lockdown levels?
True or false, please?
[QUOTE=McRocket;4920860]First - I despise BOTH Trump and Biden as POTUS.
True or false, please?
The 'Covid Depression' was caused by the lockdowns...period.
That means that when the lockdowns were lifted...the economy would automatically rebound back to pre-lockdown levels?
True or false, please?[/QUOTE
If only life was an either or decision, it is an open ended question, not a dichotomy
Covid caused the lockdowns, did you think people were anxious to get out there and circulate knowing a virus with no vaccines was spreading rapidly via social contact?
PostmodernProphet (01-28-2022)
Why do you keep skipping the obvious, Covid caused it, did you think life was going to go on as normal when a killer virus with no vaccines or natural immunity was rapidly spreading thru social contact?
You had a number of Red States who didn’t lockdown, yet they suffered the same economic fate, how does that fit into your framing
1) And where is your link to unbiased, factual proof that ANY 'RED' state COMPLETELY ignored lockdowns THROUGHOUT and still suffered that same drop in GDP as other states did that locked down?
I GUARANTEE that no such link exists.
2) also...Sweden did not lockdown REMOTELY as much as America (though it did have some restrictions).
Yet their GDP rose during 2020...when almost every, other western countries fell.
https://tradingeconomics.com/sweden/gdp
https://tradingeconomics.com/united-states/gdp
There is just some of MY evidence that lockdowns/Covid restrictions DID cause the 'Covid Depression'.
Last edited by McRocket; 01-27-2022 at 09:59 PM.
actually its a net loss.......inflation was 7% but growth was only 5.7%.....
Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
This is an addition to tRump's crashed economy at not making America great again but putting the domestic and global economies at the brink of a complete second great depression scenario. Fortunately, the majority voter and uncorrupted electoral college and unhacked election this time in 2020 rose to the occasion at giving tRump and his lawlessly hacked in sewer mob the boot! The legacy of what tRump did to America in terms of a legacy of crap:
5 Ways the Trump Administration’s Policy Failures Compounded the Coronavirus-Induced Economic Crisis
The Trump administration’s failure to respond to the coronavirus pandemic and the subsequent economic fallout has exacerbated both crises in the United States.
The Trump administration’s failed public health response is mirrored by its failure to respond to the economic crisis, which has led to an economic fallout that sets the United States apart from other high-income nations.
With some 37.6 million Americans filing for unemployment insurance since the beginning of March and the official unemployment rate reaching 14.7 percent in April—a level not seen since the Great Depression—the American economy is in a disastrous state, with repercussions expected for years to come. The level of economic and public health pain that Americans are now experiencing, however, was not inevitable, but rather the consequence of a series of policy failures that started well before the coronavirus outbreak. The Trump administration’s past actions weakened the United States’ ability to respond to the pandemic, and its current actions continue to exacerbate the dual public health and economic crises. Although Congress was able to pass a series of stimulus measures that have blunted the economic pain for families, this relief happened in spite of the Trump administration, not because of it.
The weakness of the Trump administration’s economic response to the coronavirus crisis—much like the failure of its public health response—can be seen in comparison with the United States’ international peers. As demonstrated by the experiences of peer nations, a rapid and coordinated public health response could have contained the pandemic more effectively and reduced the mounting economic losses. Instead, it seems as though the United States is getting the worst of both: the highest death toll of any country and what will likely be the sharpest economic contraction in American history."
https://www.americanprogress.org/art...onomic-crisis/
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