It would be understood at this time in our Country's history if someone thought G.D.P. stood for "GAAD D**M PANDEMIC". But, it's one of the most important economic terms used as a gauge by which we measure our entire country's success and failures.
* Gross Domestic Product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. GDP can be calculated in three ways, using expenditures, production, or incomes.
This week we hit a horrendous GDP record loss of 32.9 percent of our Country's worth. THE WORST IN HISTORY!
OFFICIALLY ENTERED INTO U.S. HISTORY - UNDER REPUBLICAN PRESIDENT DONALD J. TRUMP THE UNITED STATES ECONOMY RECORDED IT'S "GREATEST" LOSS OF GROSS DOMESTIC PRODUCT.
Simply put, every American has lost approx. 1/3rd of everything they worked for, invested in and provided service for over the past decades.
Economists are screaming. The average American, unless they take interest in economic facts won't understand the implications of this massive, avalanche of "gone-ness". But, we're all going to feel the effects.
Over the coming months America is in for some very very tough times. The trillions of dollars our government borrowed from our collective resources to help us through the first CoV19 pandemic shut down did help. Most people were able to use stimulus funds to keep afloat. But, a lot of businesses were unable to weather the storm. Many were hanging on by a threat. A thread of hope.
A ONE-THIRD LOSS OF ALL RESOURCES WILL RESULT IN LITTLE OR NO MORE FINANCIAL AID FOR AMERICANS AS THIS PANDEMIC IS GETTING WORSE.
Right now our leaders are freaking out. They're trying not to do this in front of cameras, but they are FREAKING THE H**L OUT. Our country is close to BANKRUPTCY. As the GDP dwindles we're unable to service debts. Debts owed to China, and investors worldwide.
What will we do? Borrow more money? Give more ownership of US assets to China? Russia?
I suggest we reverse the massive tax gifts Trump bestowed to the 845 or so Billionaires in our Country? I suggest we continue to wean ourselves off oil, that does nothing but ruin our atmosphere and feed those same Billionaires. And I suggest we take back not only the additional 70 some billion Trump awarded to weapons manufacturers (Trillions over the coming years) and put it back into helping all of us LIVE, NOT DESTROY.
I suggest the ever dwindling number of Americans who still put on MAGA hats open their eyes to what Trump has really done to their country, our country. Now more than ever they should realize that immigrants and people's sexual preferences, and protests to end police brutality really aren't "DESTROYING OUR COUNTRY'.
DONALD TRUMP, WITH THE EMPOWERMENT OF THE CORRUPT REPUBLICAN U.S. SENATE HAVE RUINED, NOTICE THE WORDING NOT "WILL RUIN" LIKE IN TRUMP'S CAMPAIGN TV ADS... THE CORRUPT REPUBLICAN U.S. SENATE "HAVE RUINED" OUR COUNTRY!!!
Impeach Trump now. With the help of Republicans who come to their senses in the next 3 months we can fast track this impeachment. Trump could be out on the street in days. (This is why Trump has had a 13 foot wall built around the White House... he knows what is coming)
Future generations will study Trump's years in office and see drastic changes in our government and society. They will see a rich man who convinced a lot of working middle class poor Americans he was going to make their lives "great again". He fed them with promises of "more jobs, higher pay, better health care" while all along every move Donald J. Trump did was to line the pockets of the wealthiest AT THE PRICE OF PUBLIC WELL BEING.
Trump cut health care an