Posted in coronavirus Economy Great Depression health recession

IMF Predicts Worst Recession Since Great Depression

“This is the worst recession since the Great Depression,” Gita Gopinath, the IMF’s chief economist, told reporters at a briefing. “No country has been spared.”

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Posted in Breitbart News Saturday coronavirus D-Day Economy Great Depression Greg Murphy Politics Radio

Rep. Greg Murphy: It Will Take ‘a Couple of Years’ to Get Consumer Confidence Back

Rep. Greg Murphy (R-NC) predicted it will take “a couple years” to get consumer confidence back after the coronavirus pandemic but said restarting the economy…

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Posted in coronavirus Democrats Donald Trump Economy Great Depression health Politics Rush Limbaugh shutdown

Rush Limbaugh: ‘We Are Headed to Great Depression’ with ‘Democrats Fully on Board’

Rush Limbaugh warned his listeners that America is headed for another Great Depression if the economy contracts any further due to the coronavirus crisis.

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Posted in American jobs American workers China coronavirus Economy George H.W. Bush Great Depression illegal immigration Immigration immigration moratorium legal immigration Lyndon B. Johnson mass immigration Politics unemployment Wuhan virus

Mass Unemployment in U.S. Once Eased by Immigration Pause

The Chinese coronavirus has brought unemployment to about ten million Americans in just weeks. In past times of unemployment, such depressions have been met with…

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Posted in China Chuck Schumer coronavirus Default Department of the Treasury Donald Trump Economics Economy FDIC Federal Deposit Insurance Company Federal Reserve Great Depression infrastructure Kevin McCarthy Marco Rubio Mitch McConnell Nancy Pelosi steven mnuchin Wuhan virus

The Economic Disaster Media And Washington Haven’t Begun To Notice

Just beyond — and in the midst of — the public health and financial liquidity crises is the expansive and potentially devastating solvency crisis.

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Posted in bailouts Budget coronavirus Covid-19 Economics Economy Families First Coronavirus Response Act federal spending Great Depression paid leave pandemics recession recessions stimulus Welfare welfare state

Why Congress’s Trillion-Dollar Coronavirus Bailouts Will Shackle The U.S. Economy

Like the New Deal, every additional billion dollars in stimulus and bailout spending will further delay the economic recovery we all want and need.

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Posted in 2020 Election Bernie Sanders Democrat debate Economy Great Depression Joe Biden Politics Wall Street bailout

Joe Biden Complains ‘No One Went to Jail’ over Wall Street Bailout When He Was Vice President

Former Vice President Joe Biden complained Sunday that no one went to jail for the 2008 financial crisis, despite being in office when those officials…

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