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What is the fix for this?

WestlinnDuck
WestlinnDuck Member Posts: 17,980 Standard Supporter
Tens of millions of now permanently unemployed Americans. Tens of thousands of lost small businesses. Obviously, we need a lot of socialism and open borders that will fix this.

https://www.zerohedge.com/markets/us-q2-gdp-crashes-record-329-worse-great-depression

US Q2 GDP Crashes By A Record 32.9%

by Tyler Durden
Thu, 07/30/2020 - 08:54

The biggest question we had ahead of today's unprecedented GDP drop was "how do we show it on a chart without losing the impact of all other prints?" Well, for better or worse, this is the best we could come up with: at -32.9% annualized, Q2 GDP just plunged by the most on record, surpassing the previous biggest drop of -10% hit in 1958.


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Comments

  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,818 Founders Club
    Joe Biden is the solution along with input from Cuomo and Newsom and other governors who have done such great work this year.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,980 Standard Supporter
    Exactly. Failure is now success.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,818 Founders Club

    Worth it if it saves one life and gets trump removed. Next year will be extra prosperous with higher taxes and more regulation. It will be trumps fault. You'll have no idea the damage he did.

    Worst depression since Obama took over in 08 after the worst depression since 32
  • RoadTrip
    RoadTrip Member, Swaye's Wigwam Posts: 8,301 Founders Club
    edited July 2020
    Question for all of you; would you pay $70,000 for your child's online classes? I'm trying to advise my child whether delaying their college education makes more sense than paying a ridiculous amount of money for something which can be attained for far less. Can the university deny readmission if and when they decide to come back? I called the university and they refused to give me the answer and instead directed my child to make the call and ask the question which infuriated me even more. My vote in CA won't matter and I feel this is a small way in which I can make cowards pay for their illogical decisions to harm my family. What say you?
  • BennyBeaver
    BennyBeaver Member Posts: 13,346
    sounds like people need to pull themselves up by their bootstraps and get to work. stop whining.
  • NorthwestFresh
    NorthwestFresh Member Posts: 7,972
    edited July 2020

    Question for all of you; would you pay $70,000 for your child's online classes? I'm trying to advise my child whether delaying their college education makes more sense than paying a ridiculous amount of money for something which can be attained for far less. Can the university deny readmission if and when they decide to come back? I called the university and they refused to give me the answer and instead directed my child to make the call and ask the question which infuriated me even more. My vote in CA won't matter and I feel this is a small way in which I can make cowards pay for their illogical decisions to harm my family. What say you?

    What’s her major? If she hasn’t decided yet, there is no reason for you to waste that money on general studies.
  • RoadTrip
    RoadTrip Member, Swaye's Wigwam Posts: 8,301 Founders Club

    Question for all of you; would you pay $70,000 for your child's online classes? I'm trying to advise my child whether delaying their college education makes more sense than paying a ridiculous amount of money for something which can be attained for far less. Can the university deny readmission if and when they decide to come back? I called the university and they refused to give me the answer and instead directed my child to make the call and ask the question which infuriated me even more. My vote in CA won't matter and I feel this is a small way in which I can make cowards pay for their illogical decisions to harm my family. What say you?

    What’s her major?
    Marketing and she'll be a Junior. She is currently out of state finishing up a great internship which was going to lead to another at a major ad agency in NY next year. How much does the name of her university mean on the diploma as she competes for that first job out of college?
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,980 Standard Supporter
    I'm pretty sure that in a year, colleges will be desperate for admits that can pay. I would pick some relatively cheap online classes that I know are transferable and get some crappy required classes out of the way. I'm assuming that if its from an accredited online university that will transfer, I'd just make sure. At Oregon, once upon a time, Sociology was a required course for a business degree. Bunch of marxist BS. Pick off some of those beauties along with some English classes. All very doable on line. I'd not take any real core classes, like say intermediate accounting.
  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 Standard Supporter

    sounds like people need to pull themselves up by their bootstraps and get to work. stop whining.