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#Trump2020
George Soros’ plan to destroy the United State of America as we know it and get rich in the process seems to be right on track. Dr. Martin Luther, the church reformer 500 years ago, once pontificated (if you’ll pardon the expression!) that the office of the papacy (not a specific Pope, but the Office of the Papacy) was the Anti-Christ, but I’m beginning to wonder if it isn’t George Soros!
But enough about Trump…
IBJ has misled its readers. 🙁
Second quarter GDP did NOT shrink by 33% as stated in the header and the first line of the story.
GDP shrank by 5% in Q1 and 9.5% in Q2, and is expected to rebound in Q3.
Dave, GDP is always reported by the U.S. Department of Commerce at an annual rate. Here’s something else we’ve posted that adds more context: https://www.ibj.com/articles/analysis-did-third-of-economy-really-vanish-in-just-three-months