Mike Luckovich for August 02, 2020

GDP (Gross Domestic Product) plummets 9.5% in a single quarter (32.9% annualized)?

Yet another Republican economic meltdown.

The stock market is not the real economy. It is a snapshot of a small slice of the economy that only a few very rich, very elite seriously play in, though many others have much of their retirement funds — future income that they have little immediate control over — invested in it.

A far stronger (though still imperfect) measure of the overall REAL economy is GDP, that affects all domestic production of goods and services.

And in that real economy, the 9.5 quarterly (32.9% annualized) drop was the largest ever on record, even more than the Great Depression. (Note: the current GDP figures were not calculated at the time of the Great Depression, but economists have used other metrics to reconstruct equivalencies that show that there was never such a loss in a single quarter even during the Great Depression.)

That’s not what K®udow said. The economy is hunky-dory.

Ask him about that and he will likely go hide in his bunker.

We have nothing to fear but Trump himself.

Operating a Casino is basically a business where you sit and watch people bring you money, day after day. And the Orange BOGEYman managed to mismanage a casino intothe ground.

The day he got elected, I told my daughter the following phrase: “Make American’s Great Depression Again”.

And there it is…..

Too bad you can’t just Sharpie it away . . .

As one sect of our family knows the virus was started by the Democrats for the sole reason of bringing trump down. Wish I could add a “/s” but can’t.

All is well! – K. Bacon in the coda of “Animal House”

Reagans legacy continues

It’s the fault of all those people who like Dr. Fauchi more than me and Blue state governors keeping people from working and lazy people wanting a check for not working and (insert your excuse here).

And his handling of the pandemic.

Just remind us, sir, that you take no responsibility. That’ll fix it.

Trump warns that Biden will ruin the economy, too late, Republicans have created a New Great Depression.

What also magically disappears is any responsibility that Trump or his Trumpers believe Trump should take…

1945 Aug. 6: Hiroshima

1945 Aug. 9: Nagasaki

Wikipedia: “Over the next two to four months, the acute effects of the atomic bombings killed between 90,000 and 146,000 people in Hiroshima and 39,000 and 80,000 people in Nagasaki; roughly half of the deaths in each city occurred on the first day.”

US coronavirus deaths as of 2020-08-02: 157,935

Excellent. And, as the Oaf of Office predicted, it’s just blowing away…like a miracle…whoosh…

Don’t worry, Trump has the “Wonder Sharpie!”

The booming economy handed to Trump by President Obama was not growing as quickly under Trump as it was under President Obama.

Under Republicans the USA has become a mute point.

King Donnie, just get out your Sharpie…