Showing posts with label Economic Depression. Show all posts
Showing posts with label Economic Depression. Show all posts

Sunday, May 10, 2020

Trump White House adviser says unemployment rate could pass 20% during coronavirus pandemic (USA Today)

The USA could be on the road to another catastrophic economic depression.

https://www.usatoday.com/story/news/politics/2020/05/10/coronavirus-trump-white-house-adviser-says-unemployment-may-pass-20/3105159001/

WASHINGTON – White House economic adviser Kevin Hassett predicted Sunday the unemployment rate could rise above 20% and the worst job losses would come in "May or June" because of the coronavirus pandemic.

Total panic in the Donald Trump administration.