Recession Fears

Submitted by ub on Tue, 03/17/2020 - 06:53

What a difference a few weeks makes. After 4,556 cases of coronavirus and 85 deaths from the pandemic so far, POTUS now says the American economy may be heading towards recession, which he has described as the invisible enemy, but others fear we’re already there and going nowhere. Dow dropped below 20,000 for the first time since POTUS took office. http://howlonghasdonaldtrumpbeenpresident.com/

New NPR/PBS/Marist poll re virus: "Just 37% of Americans now say they had a good amount or a great deal of trust in what they're hearing from the president, while 60% say they had not very much or no trust at all in what he's saying."

The thing is that if Republican George HW Bush handed a weak economy to Democrat Bill Clinton, then he handed a booming economy to George W Bush who handed the recession to Obama, who then gave a growing economy to Trump and now hands the #TrumpRecession to Biden... Why do voters cast ballots for Republicans? https://www.cult-45.org/
Republican McConnell is up for re-election in November, along with 23 others who are defending their GOP seats in total. USA Voters should remember how they have acted during the past years and during this moment of a real American crisis.

Attempting to wash his hands from any responsibility Trump has drawn backlash after posting a tweet using the phrase “Chinese Virus.” Many officials, including the #CDC chief, have criticized the phrase as both inaccurate and harmful tying racist associations between the Coronavirus and people from China.

‪Coronavirus causes historic market drop, global scramble to contain... https://reut.rs/2TX3Vkp

Dow tanks more than 2700 points as Trump says the U.S. "May Be" heading into recession & worst of virus outbreak could last until August https://www.cnbc.com/2020/03/15/traders-await-futures-open-after-fed-cu…

‪Global shares bounce after Wall St dive, recession warning‬ ‪ https://apnews.com/5f119c29e77d3c3ade6e3a4da57bf6a8

The #coronavirus shockwaves rippling through U.S. stocks are forcing investors to contemplate outcomes direr than a recession, including even a depression https://reut.rs/3b32TZW

Trump Wants to Bail Out Airlines and Cruise Ships. How About Us? Trump is planning to help out his corporate pals for pandemic losses — and leave taxpayers with the bill: columnist https://www.thedailybeast.com/trump-wants-to-bail-out-airlines-and-crui…

GOP Groundhog Day: Why do we keep electing Republicans? They're no good at this https://www.salon.com/2020/03/17/gop-groundhog-day-why-do-we-keep-elect…

Trump’s amateurish blundering on the coronavirus is yet another GOP catastrophe – has America learned its lesson?
https://www.rawstory.com/2020/03/trumps-amateurish-blundering-on-the-co…