Why the Coronavirus Recession Is Not Like the Last Recession

By and | September 14, 2020

  • September 14, 2020 at 1:45 pm
    Craig Winston Cornell says:
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    Hidden due to low comment rating. Click here to see.

    • September 14, 2020 at 4:17 pm
      Jon says:
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      Hidden due to low comment rating. Click here to see.

    • September 14, 2020 at 4:22 pm
      Rosenblatt says:
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      “with the U.N. predicting over 1,000,000. additional child deaths as a result”

      UNSUBSTANTIATED CLAIM
      LIKELY DISINFORMATION
      PLEASE PROVIDE A SOURCE

      If your reply is “google it yourself” or “the information is out there, find it yourself” then you tacitly admitted you have NO proof to back up these claims and are you re intentionally spreading misinformation, especially since I did look for it and couldn’t find evidence to back up your claim.

      • September 14, 2020 at 4:38 pm
        Craig Winston Cornell says:
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        Actually, no. If someone refuses to be Sealioned for the 100th time, that does NOT mean there is no proof. It just means they refuse to play your stupid game. 2 and 3 does not equal 4.

        But just because I am sick of your partisan child act, here goes, from The Hill:

        “The Telegraph cited a report published in the Lancet Global Health journal Wednesday that found almost 1.2 million children could die worldwide in the next six months due to disruptions to health services and food supplies caused by the coronavirus pandemic.

        The modeling by researchers at UNICEF and the Johns Hopkins Bloomberg School of Public Health found child mortality rates could rise by as much as 45 percent and maternal deaths could increase by almost 39 percent, according to The Telegraph.”

      • September 14, 2020 at 5:07 pm
        Rosenblatt says:
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        PROVEN LIE & MISINFORMATION ALERT

        LIE: You said it was the UN’s prediction
        TRUTH: It was from Lancet Global Health

        ALL
        LYING
        IS
        WRONG

        MISLEADING STATEMENT: You said over 1,000,000 additional child deaths
        TRUTH: The study was from MAY and said 1M over the next 6 months. It’s been 4 months since that prediction was made.

        HOW MANY ADDITIONAL CHILD DEATHS HAPPENED BETWEEN MAY & NOW? HOW MANY ARE LEFT BEFORE WE REACH 1M PREDICTION BEFORE OCTOBER ENDS?

        This is just how you debate — someone makes a claim citing something, you ask for the source that the person thinks backs up their claim, then you review it to see if they were being honest or not.

        You were not honest. (1) The UN didn’t report that. (2) The place that did argued it back in May and it was a 6-month prediction, and we’re already in month 4.

        You can’t honestly argue an additional 1M kids will die between May & Nov if you don’t know how many additional kids have already died between May & September.

        • September 14, 2020 at 5:25 pm
          Craig Winston Cornell says:
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          You are a moron. A MILLION children will die and you want to play your dufus nitpick games.

          I proved what I said is true. Be a man and admit it. A million children. Think about how foolish and heartless you sound.

  • September 14, 2020 at 5:19 pm
    Vox says:
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    Why the Coronavirus Recession IS INDEED Like the Last Recession. Why is it the same, you may ask? I’ll tell you. An awful lot of the jobs that have disappeared are never, ever coming back. It’s victims may be of a different demographic, but their misery is the result of an upheaval in which businesses wake up to the fact that they were running on auto-pilot.
    Some businesses have been waiting for something like this to let loose and they pull the trigger on things they weren’t so sure about before. Consumers have also woken up from a long period on auto-pilot. It’s not going to be like it was. In the college of economics we learnt that there will always be another recession. There are no exceptions. You cannot predict why they will come, but come they will. The economy is like the planet. The longer between earthquakes, the more the ground shifts.

    • September 14, 2020 at 5:26 pm
      Craig Winston Cornell says:
      Hot debate. What do you think?
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      Except that this recession was created by government intentionally. THAT makes it very different from all other recessions. It could be ended by government just as quickly.

  • September 14, 2020 at 5:33 pm
    Captain Planet says:
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    I guess we’ll find out if there are similarities after November. We all know we don’t need another Republican to get us out of this Republican mess. He lied us into this debacle, he won’t be able to lie us out of it. Last time, it took a Democratic president to spring us from the grips of a recession. Will that happen again? Time will tell.

    Now Tramp’s holding super-spreader events and placing his own supporters in harm’s way. Sheep don’t care, though. Rally-goers were actually telling reporters there is no such thing as this virus. Where do they get this idea from? The same guy who told us it’s going to miraculously disappear and it’s the new Democratic hoax. Hey Tramp, it isn’t the dead American soldiers who are the suckers.

    • September 14, 2020 at 5:44 pm
      Craig Winston Cornell says:
      Hot debate. What do you think?
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      Damn, can you TRY not to be so boring and full of falsehoods.

      Obama did exactly NOTHING to end the last recession. Check the facts. He simply continued the steps Bush had already put in motion. The only exception was the “Stimulus”, an $800 billion boondoggle that failed so badly on Obama’s own measurements that Democrats won’t even say the word stimulus anymore.

      And Trump never did say dead soldiers are suckers. 12 people at the event testified to that. You must be one big sucker yourself. You swallow every lie you hear. Haven’t you figured it out yet? The media will post one lie until it fades, and then post another.

      And Planet will swallow them all. Hey, maybe you are the target audience after all?

  • September 14, 2020 at 6:24 pm
    Observor says:
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    The challenge with this recession is that government is spending so much on maintaining many industries that may not recover. I worry that the national debt may have grown so large that a stagflation environment more severe than the 1970s will hit us in the near future. Recovering from such a crisis will be much more painful for most of us. If we reach a point where the government is unable to save the economy, the economic climate could be brutal. I hope that is needless worry on my part and the stock market is definitely much more optimistic than I am.



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