trump's economy failing; worse than Obama's last 3

true .  more will work from home . offices will downsize and office towers will face a major occupancy crises .

less commuting means less demand for fuel   affecting many businesses downline from the auto industry and airlines

retail brick and mortar will continue their slide to near oblivion over the coming decade

At the end of the year, millions of unemployed Americans will lose jobless benefits.
Tenants can be evicted from their apartments. People with student debt will have
to resume payments. Small businesses will lose a critical financial lifeline.

President-elect Joe Biden’s administration and a new Congress are likely to
reinstate most or all of the relief programs, analysts said, but their interruption
could disrupt lives and cause additional financial heartache during the worst
economic crisis since the Great Depression.

Definitely the world economy is changing with progress.

And with progress it's a good thing there are "progressives" to lead....now.

Conservatives wanted to bring back the coal industry and the horse & buggy

The recovery in the American job market is still painfully slow.
Another 778,000 people filed for first-time unemployment benefits last week.

That was higher than last week’s revised number of 748,000.
It’s the second straight week that first-time claims rose.

Overall, more than 20.4 million Americans were still receiving some form of
unemployment benefits as of Nov. 7

the rump economy is slowing again

Pressure mounts on Congress
to avert economic devastation

With the President absent, it will fall to governors and mayors
to pick up the mantle of leadership ... AGAIN.
But a flurry of new restrictions on public gatherings and restrictions
on restaurants is likely to further damage an economy that has been
hammered by the pandemic trump allowed to proliferate in the U.S.

Here is a key measure of how thrump's economy is doing:

128.2%  National Debt to GDP ratio -  worst since before WW2

During Obama's time in office, our National Debt to GDP ratio rose

from 47.5% to 75% -- over 8 full fiscal years...an increase of just over 3% per year.

Now that ratio is 128.2%

That means in only 3 full fiscal years under trump, that ratio rose from 75% to 128.2%

and increase of a WHOPPING  17.7% per year 

this is mostly rumps fault

i wish i could see your face when Trump starts his next term in Jan.

Southwest warns 6,800 employees
of impending layoffs, a first for the airline

Southwest has typically been among the most profitable major US airlines.
But it has reported losses of $2.75 billion through the first nine months of the year,
which also puts it on track for its first annual loss.

If the layoffs do take place, they would be the first in the carrier's nearly 50-year
history. The total includes 2,551 ground crew members who handle baggage,
cargo, and restocking planes, as well as 1,176 customer service agents,
1,500 flight attendants and 1,221 pilots. The airline said the cuts would take
place on March 15 or April 1 for different groups of employees.

airlines r hurting bigly

thnx to rump and the rump lickers

So, while we all hold our breaths waiting for the PROMISED **PROOF**
of **WIDESPREAD** and NATIONWIDE voter fraud *PROVING* beyond any and all
reasonable doubt that the entire election from coast to coast was rigged for Biden
we still have a other news of concern in our lives ...

Here we go again:
We could start losing jobs very soon

"The economy is going to get worse before it gets better,"
Jason Furman, former Obama economic adviser, told CNN Business.
"The number of people with jobs could easily fall in December and January."

The details of the jobs report provided evidence of how the worsening pandemic
is derailing the recovery.
The unemployment rate ticked lower to 6.7%,
but that is totally misleading;  it was for the wrong reason:
-- people didn't find work, more workers actually left the labor force in November!

no doubt in my mind that rump will declare victory for this supposedly improving unemployment rate

even tho it is totally misleading

Which would mean that for the 21,000th time he will be stating misleading information.

10,000 of America's restaurants
are expected to close in the next 3 weeks

About 17% of America's restaurants have already permanently closed this year,
with thousands more on the brink according to a new report.
The National Restaurant Association is publicly pleading with Congress to pass
new stimulus to help the industry that has been damaged by the pandemic.
The group said Monday that 10,000 restaurants could close in the next three
weeks, in addition to the 110,000 that have already shuttered in 2020.
The group released results from a survey of 6,000 restaurant operators,
revealing that 87% of full-service restaurants reported an average 36% drop
in revenue and 83% expects sales to be "even worse" over the next three
months as the virus continues to lash the United States.

trump's economy...

42% of Americans say their income
is still below pre-pandemic levels

CNN Business
Nine months into the pandemic, 42% of Americans say their household income
is still below what it was before the coronavirus outbreak began, according
to a new survey from Bankrate.com.

853,000 Americans filed for unemployment this week.

Incredible

That number has risen!

Highest weekly since early September.

And with the trump-enabled SURGE in coronavirus, we can fully expect to get worse

The actual, real number of unemployed workers is just over 11%, although

trump's admin stats say it's now DOWN to 6.7% and everything is looking GREAT!!

and its going to get worse over the next 2 months

Don't gather with people
from outside your home
for Christmas, professor says

You should stay close to only the family members or group that you’ve been
in contact with for the past 10 days, he said in an interview on CNN.

“We are looking much worse than what we were at Thanksgiving,
much worse. And so now the risk is much higher,” Professor Bromage said.
“Maybe you got away with it at Thanksgiving because you were lucky
it didn't come into your home. If you do this again…you're chancing
too much fate at this stage bringing it into your house.”

USA TODAY
Most Americans to receive $600 coronavirus relief checks starting next week
The payments will be roughly *HALF* of what millions of Americans received last spring
under a previous relief package designed to get the economy moving.

             rumps economy is a failure  

Agreed