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What is the fix for this?

WestlinnDuck
WestlinnDuck Member Posts: 17,541 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: 113,721 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: 17,541 Standard Supporter
    Exactly. Failure is now success.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,721 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 Posts: 8,145
    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 Posts: 8,145

    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: 17,541 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.


  • BennyBeaver
    BennyBeaver Member Posts: 13,346

    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?
    Pics?
  • NorthwestFresh
    NorthwestFresh Member Posts: 7,972

    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?
    If she’s already getting great internships she’s halfway in the game. Non-STEM degrees make me leery, as my oldest daughter is a HS senior this fall and we’ve been touring schools. Tough call. That’s a shitload of money for an online undergrad experience. Glad I don’t have to make it for a year. Good luck!
  • BennyBeaver
    BennyBeaver Member Posts: 13,346

    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.

    You love to see it.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,721 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?

    If she’s already getting great internships she’s halfway in the game
    . Non-STEM degrees make me leery, as my oldest daughter is a HS senior this fall and we’ve been touring schools. Tough call. That’s a shitload of money for an online undergrad experience. Glad I don’t have to make it for a year. Good luck!

  • BennyBeaver
    BennyBeaver Member Posts: 13,346

    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?
    If she’s already getting great internships she’s halfway in the game. Non-STEM degrees make me leery, as my oldest daughter is a HS senior this fall and we’ve been touring schools. Tough call. That’s a shitload of money for an online undergrad experience. Glad I don’t have to make it for a year. Good luck!
    Pics?
  • LoneStarDawg
    LoneStarDawg Member, Swaye's Wigwam Posts: 13,679 Founders Club
    I wish there was a way to see productively by state, I have a feeling the colors might get polarized
  • NorthwestFresh
    NorthwestFresh Member Posts: 7,972
    edited July 2020
    The reality is that the economy is fucked and will be for years but the 70-80 year-old politicians who are set for life are arguing about HCQ and wearing masks as the focus of this election. Now goggles, too. Burn it all down as a system so our kids and grandkids have a shot.

    Maybe AOC is onto something in her own obnoxious way.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,721 Founders Club
    I no longer take it personally when I hear that boomers need to die off to save the country. Could be true. Of course the worthless pieces of shit that we raised need to go too
  • LoneStarDawg
    LoneStarDawg Member, Swaye's Wigwam Posts: 13,679 Founders Club
    Boomers, most underperforming generation in world history?
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,721 Founders Club

    Boomers, most underperforming generation in world history?

    Not even close. I won't stand for a rewrite of history

    Online? Thank a boomer. The 80's and the 90's? Boomer sooner

    The issue is the lack of anyone to get the old fucks out now
  • NorthwestFresh
    NorthwestFresh Member Posts: 7,972
    edited July 2020

    I no longer take it personally when I hear that boomers need to die off to save the country. Could be true. Of course the worthless pieces of shit that we raised need to go too

    I’m in my mid-40s and my wife and I are quickly realizing we are going to have to postpone and/or eliminate some of our future plans in order to be liquid and have the ability to assist our children over the next 5-10 years. We? both grew up in homes when you graduate HS you’re out of the house, but now we’re realizing the likelihood that at least one kid will be living with us post-HS and possibly even go to PSU to save money.

    All this in 5 months. It’s mind-boggling when you think about how much things have changed due to a fucking bad cold.
  • NorthwestFresh
    NorthwestFresh Member Posts: 7,972

    Boomers, most underperforming generation in world history?

    Not even close. I won't stand for a rewrite of history

    Online? Thank a boomer. The 80's and the 90's? Boomer sooner

    The issue is the lack of anyone to get the old fucks out now
    Could you just work until say 78 because we? need your taxes and then die? Thanks, Boomer. Sorry about the lack of a real retirement.
  • MikeDamone
    MikeDamone Member Posts: 37,781

    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?

    I wouldn't pay 70k for in person classes
  • BennyBeaver
    BennyBeaver Member Posts: 13,346

    The reality is that the economy is fucked and will be for years but the 70-80 year-old politicians who are set for life are arguing about HCQ and wearing masks as the focus of this election. Now goggles, too. Burn it all down as a system so our kids and grandkids have a shot.

    Maybe AOC is onto something in her own obnoxious way.

    I believe the children are our are future
    Teach them well and let them lead the way
    Show them all the beauty they possess inside
    Give them a sense of pride to make it easier
    Let the children's laughter remind us how we used to be
    Everybody searching for a hero
    People need someone to look up to
    I never found anyone who fulfill my needs
    A lonely place to be
    And so I learned to depend on me
    I decided long ago
    Never to walk in anyone's shadows
    If I fail, if I succeed
    At least I'll live as I believe
    No matter what they take from me
    They can't take away my dignity
    Because the greatest
    Love of all is happening to me
    I found the greatest
    Love of all inside of me
    The greatest love of all
    Is easy to achieve
    Learning to love yourself
    It is the greatest love of all
    I believe the children are our future
    Teach them well and let them lead the way
    Show them all the beauty they possess inside
    Give them a sense of pride to make it easier
    Let the children's laughter remind us how we used to be
    I decided long ago
    Never to walk in anyone's shadows
    If I fail, if I succeed
    At least I'll live as I believe
    No matter what they take from me
    They can't take away my dignity
    Because the greatest
    Love of all is happening to me
    I found the greatest
    Love of all inside of me
    The greatest love of all
    Is easy to achieve
    Learning to love yourself
    It is the greatest love of all
    And if, by chance, that special place
    That you've been dreaming of
    Leads you to a lonely place
    Find your strength in love
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,721 Founders Club

    Boomers, most underperforming generation in world history?

    Not even close. I won't stand for a rewrite of history

    Online? Thank a boomer. The 80's and the 90's? Boomer sooner

    The issue is the lack of anyone to get the old fucks out now
    Could you just work until say 78 because we? need your taxes and then die? Thanks, Boomer. Sorry about the lack of a real retirement.
    The good news is that I am not the retiring type. I am all but put out to pasture this year and it is driving me crazy. I live for the action. Retirement is death
  • NorthwestFresh
    NorthwestFresh Member Posts: 7,972

    Boomers, most underperforming generation in world history?

    Not even close. I won't stand for a rewrite of history

    Online? Thank a boomer. The 80's and the 90's? Boomer sooner

    The issue is the lack of anyone to get the old fucks out now
    Could you just work until say 78 because we? need your taxes and then die? Thanks, Boomer. Sorry about the lack of a real retirement.
    The good news is that I am not the retiring type. I am all but put out to pasture this year and it is driving me crazy. I live for the action. Retirement is death
    Then stop posting and get to work. Antifa needs your tax dollars.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,721 Founders Club

    Boomers, most underperforming generation in world history?

    Not even close. I won't stand for a rewrite of history

    Online? Thank a boomer. The 80's and the 90's? Boomer sooner

    The issue is the lack of anyone to get the old fucks out now
    Could you just work until say 78 because we? need your taxes and then die? Thanks, Boomer. Sorry about the lack of a real retirement.
    The good news is that I am not the retiring type. I am all but put out to pasture this year and it is driving me crazy. I live for the action. Retirement is death
    Then stop posting and get to work. Antifa needs your tax dollars.
    This is my work now
  • RoadTrip
    RoadTrip Member Posts: 8,145

    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?

    I wouldn't pay 70k for in person classes
    Intellectually I agree with you. My daughter worked her ass off for 12 years and did everything I asked. She was a perfect kid and I felt I owed her the opportunity to attend the college of what she thought was her dreams. I was the weak one.
  • NorthwestFresh
    NorthwestFresh Member Posts: 7,972

    Boomers, most underperforming generation in world history?

    Not even close. I won't stand for a rewrite of history

    Online? Thank a boomer. The 80's and the 90's? Boomer sooner

    The issue is the lack of anyone to get the old fucks out now
    Could you just work until say 78 because we? need your taxes and then die? Thanks, Boomer. Sorry about the lack of a real retirement.
    The good news is that I am not the retiring type. I am all but put out to pasture this year and it is driving me crazy. I live for the action. Retirement is death
    Then stop posting and get to work. Antifa needs your tax dollars.
    This is my work now
    I forgot. Vlad hasn’t sent me my Trump posting check for a few months. You’re still getting yours?
  • Alexis
    Alexis Member, Swaye's Wigwam Posts: 3,382 Founders Club

    Boomers, most underperforming generation in world history?

    Not even close. I won't stand for a rewrite of history

    Online? Thank a boomer. The 80's and the 90's? Boomer sooner

    The issue is the lack of anyone to get the old fucks out now
    Could you just work until say 78 because we? need your taxes and then die? Thanks, Boomer. Sorry about the lack of a real retirement.
    78? I thought Race was still working at 106.