That was a worst post, which I thought that was impossible. I underrated your far-right training. It worked well on you.
Trump Has Failed the American Economy
rump’s unwillingness to contain the COVID-19 pandemic constitutes one of the most catastrophic failures of leadership in our nation’s history. His brazen lies about the virus’ lethality and spread, shameful efforts to hide critical information from the American people and slander public health experts, and his reprehensible convenings of his very own superspreader events across the country collectively illustrate the degree to which he has abdicated responsibility for our nation’s safety and security. President Trump’s refusal to develop a national strategy to defeat – let alone contain – the virus has resulted in thousands of avoidable deaths and the most severe economic crisis in a generation.
In the face of this colossal failure, small businesses across the country are closing their doors for good, families are facing hunger and eviction, and millions of Americans are still having to make the impossible choice between their health and a paycheck. But taking stock of President Trump’s record even before the pandemic makes clear that he was mismanaging the economy from the beginning. Despite inheriting a growing economy with low unemployment from the previous Democratic administration, President Trump squandered countless opportunities to address longstanding economic challenges, strengthen families’ economic security, and invest in our future prosperity. Instead, his record during the first three years of his presidency, prior to the pandemic, is one of recklessness, bluster, and the prioritization of the wealthy and well-connected over everyone else. President Trump has failed the American people and the economy again and again.
The Economy Remains in a Massive Hole
Seven months into the crisis, COVID-19 and the Trump Administration’s failure to control it continue to constrain the recovery. While the economy, with the help of the CARES Act, has made critical progress since Spring 2020, output and employment are still extremely depressed relative to their levels before the pandemic. And with labor market gains slowing and economic hardship on the rise, a brutally uneven and needlessly slow recovery will be all but guaranteed unless more fiscal support is delivered immediately.
Our Economy Is Smaller Than It Was Last Year
Real GDP grew by 7.4 percent (equivalent to a 33.1 percent annual rate of growth) in the third quarter of this year.[1] While this is the fastest quarter of growth on record, this was nearly inevitable as it follows the steepest collapse on record in the second quarter, when real GDP fell by 9 percent (equivalent to a 31.4 percent annualized decline). Given the sheer magnitude of the second-quarter contraction – which wiped away five years of growth in just three months – even a modest rebound was guaranteed to generate record-breaking growth rates in the third quarter."
https://budget.house.gov/publications/report/president-trump-has-failed-american-economy
