CNN's John King takes a look at the job losses in the US due to the coronavirus pandemic.
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John King on jobs report: Never before have we seen anything close to that
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Fake news CNN
Democrats always inherit a bad economy.. Then Republicans become fiscally conservative after they’ve robbed the piggy bank..
@u2good2b4gotn *_”liking your own comment.”_*
I don’t do that.
@52 80 I don’t know who the Bilderberg Group is. But it looks like Mike Pompeo and Jared Kushner are both involved with it, so they’re not exclusively a Dem org. So who are they?
Backwards. Republicans inherit poor economies. Look at the stats.
@Robert Andrews Did Trump or Bush inherited worse economies than Clinton and Obama? No on both. Whoever told you that – I guarantee their track record for delivering truth is iffy.
It’s the dumborats who want to keep printing, stupid. Rewind and listen to Pelosi and dingbat.
The job losses in 2008 were over a 2 YEAR period not just 2 MONTHS!
Hopefully the difference between now and 2008 is enough to get things working again. 2008 the money disappeared first. Then they had problems getting back up and running because everyone was willing to work but there was no money to spend. this time, there is money available and once people are back at work and companies begin selling again it will ramp back up quicker. But of course you need money to do that which people are running out of. The basic universal income, although I disagree with it as a whole is a really good idea right now. It means there will be money in the economy as soon as it is opened back up. The gov will see the national debt lift but they never worried about that before the virus so why worry now. It was already 24trillion before the virus and nobody cared. May s well stick a couple more trillion on there and pay everyone a basic wage until the country is back open.
@RL Days The feds pumped over 2.5 trillion into the market in a month and a half. To put that in perspective, after the 08 crash, the same amount took 6 years to deploy. Insanity and the only reason the market is going up daily.
@Jeffery Pinley Yeah pumping it into the sharemarket only benefits the share market. It needs to go to small business or the country dies while the market looks awesome. If that happens then the only place you will be getting your products from is China. Not because America couldn’t work but because the Govt didn’t help small business when it was needed.
@mm
Obama took america OUT of recession
trumps put it in DEPRESSION.
welcome back to 1929, and going to be worse.
@Hawkzblade dont tell me that. Tell that to these idiot Trump supporters.
Actually it’s sad, we elect them, they are not appointed
“Politicians are like diapers, they need to be changed often, and for the same reasons.” -Mark Twain
What’s sad is it’s the first time CNN has reported on the economy in over 3 years.
@Dixie Normous For the 1 Percent, after the tax cut Trump and Moscow Mitch gave them.
Yeah, and 80% of our voting criteria is based on if we ‘like’ the candidate – a popularity contest ; instead of one based on true merits of civil service . Then phuckas like this – though a mix of social charm and other bullshit….. end up in office . It’s terrible . They should at least have to pass some sort of civil servants test . Demonstrate that they at least – know the difference between a municipality and a golf resort community ??????????
If you are a large bank, or corporation…YOU…WILL …BE…FINE. 🤣
the stimulus will be big – like another US$5 trillion – straight into the pockets of the corporations and banks 😂
Honotenshi Avila – Yes. That’s how they CAN be used….not how they are actually used. All the rich did with their tax cuts was give themselves bigger bonuses, and buy back their own stocks. Had they invested it in their companies then GREAT. They didn’t do that. They put it in their own pocket, while Joe American ends up paying MORE taxes to pay for it. You are on the privatize everything bandwagon i see. You’re part of the problem, not the solution. Now i see why you support the GOP. You want in on the fleecing of the working and middle classes.
@christopher weise it’s their money, they should do with it as they please. Who are you to tell them what they *must* do with their possessions? You call them greedy when it’s you who wants their profit.
@christopher weise tax cuts are your money? Noted.
I guess we should have been taking care of the poor and homeless all along. People don’t think about it until they become poor and homeless.
@Honotenshi Avila They’re nto mutually exclusive, dumbass
All the politicians have done is give money to the supply side of the economy but now the demand side is unemployed and can’t afford to buy what is produced. That’s the 1% helping themselves to taxpayer money.
@A horse with no name yes, true. İn the US this iş one of the ugly sides of the system. İn other countries there is a good system in place to take care for there people and fight the virus successful. But this iş socializm. Stay safe. Regards from Germany
no it is much more important to take care of illegal aliens and to help people in africa.
@Fred Rogers
Glad to see you finally get it.😎
Why are you going to make new cars when nobody can afford to buy the cars you have made ?
@Nater’s Taters All the protesters who were circling my state capitol demanding the Governor “open the state” were driving nice, new four-wheel drive trucks, cars and several were circling in giant greyhound bus-sized fancy RVs! Most of them standing on the street holding signs were 30-50 pounds or more overweight and wearing clothes that shown no evidence of wear, tear or homelessness or lack of clothes washing ability. Some were wear designer clothes. $100 jeans, leather jackets, etc.
Those fake “patriots” hadn’t missed a paycheck or a meal!
If they could afford the gas to drive in circles for hours, I’d say their bank accounts are just fine.
They were a bunch of crisis actors. Totally paid to protest.
Exactly, its stupid
@none none true
none none – That’s why they have to get back to work. They are financed to the gills. The good ol’ murica dream. Bunch of dipshits. There was a lady in Wisconsin holding a sign that literally said “I WANT A HAIRCUT”. I mean……FFS.
as so many are now making Ventilators, they going to combine the 2 and make a new type of convertible, drive your own vent…
Some countries have policies that are helping to preserve jobs during lockdown.
@Major Laser that’s why their citizens leave and sneak into America at the drop of a hat, and not the other way around.
Mike Young same as us canadiens
Like here in Ireland we got the pandemic not perfect but were in the top 5 countries Donald Tramp has destroyed America fact
@Major Laser not Tramps America
*TRUMPTY DUMPTY NEED TO GO*
JOKER FACE leftists hate democracy. They never accepted brexit or trump win.
@Michael We surely don’t accept it now. And nobody in the US cares about Brexit. The UK doesn’t even care about Brexit.
Michael smart comment 🤦♂️
For who, Studdering Queen Pelosi?
We need to go back to unions..our country has less than 7% of unionized workers which is miniscule to the european and scandanavian nations…we have the republicans to thank for that…scott walker decimated workers rights in my state of Wisconsin. Thanks scott👹
@Robert Downes Thank you for your insight! I have many ancestors from Prague and surrounding areas.
Ruth what does this have to do with the virus! The unions would have done a better job with the virus?
The EU is a corporation friendly construct, designed to manage the movement of pòulations for corporate convenience & to ignore the demands of independent will of nation democracies…
That’s why the UK chose to get out!!
Indeed, Europe is no panousia but the detachment of corporate money from the levers of power & the empowerment of unions while stiffening the social safety net, is the only way forward, for the working-class folks….
@Robert Downes I don’t think you have any idea how fucked America is if you think Austria is on the same level
It’s crazy how much these companies try to bang safety first in your head but then turn around and risk everyone’s health for money in the same breath. I’m glad I work for myself.
Most countries unemployment rate is close to three times that of the US. They don’t understand how to read the fatalities. They just guess and
they are wrong. He’s trying to be kind to the news person. Isn’t one of
the critical signs of dementia constantly repeating the same thing over
and over. It seems like the dementia test would be much more critical
for CNN employees considering their statements. I understand that a good
deal of the issue is lack of education, very low iQ, lack of experience
(or at least remembered experience). Of course, they sound like
excessive drug use is part of the issue since the dementia (lack of
recent memory) is so widespread at CNN. Often there is repetition of the
same incoherent phrases four or five times within a very short period
of time. Another characteristic of dementia is negativity!. This is the
only view expressed on CNN. Then you have the lack of knowledge
concerning testing and all other critical issues, including unemployment
today! Very sad. King doesn’t even remember that the unemployment
rate was only 3.5% in February. He wasn’t able to research the stats on
the economy in Feb. and is totally unaware of the boom economy that
existed much less what brought about the boom economy and full
employment. Very, very sad.
If you’re a business owner and losing money because the government forces you to stop business, why on earth would you keep paying people? Why are you blaming companies?
A boy and his shopping cart
remember trump lifted ALL safety regulations, the chances of dying at work anywhere is your own fault now and try getting insurance, its not there.
As with food poisoning thats tripled since trump took over.
Unemployment rate is a much more important economic indicator than is the Dow Jones Industrial Average.
@KTBFF High That was an honest question. If you’re not a liberal, what are you?
@u2good2b4gotn I’m a leftist.
Employment rate is a lie too, they consider you not unemployed if you take six months to find a job.
@KTBFF High the inability for fascists to imagine anyone being left of the conservative-lite party that elected Joe fucking Biden after Hillary fucking Clinton never ceases to amaze me. They are two sides of the same coin.
@Chris Johannsen it’s still better than any stock index.
I’ve got a plan: Goons of Putin (GOP) goons of tRump (GOT) treasonous obfuscation (TO) get out (GO) THat’s right! Goons of Putin got to go 11/3/2020 We the People shall make it so.
Robert Hodge – TDS
Robert Hodge – What color is the sky in your world?
@Matt Foley In the sewage treatment industry TDS stands for total dissolved solids. The amount of solid stuff coming through a sewage treatment plant that real americans like me get to deal with on a daily basis is that what you are replying to?
Robert Hodge – No, TDS in your case is clearly Trump Derangement Syndrome. I believe you’ve spent too many years either inhaling noxious fumes upstream of the clarifier tanks or snacking on sediment cakes. No worries… vote red in November and you’ll be neutralized, chlorinated and presentable in public once again.
It’s the demonrats who outsourced our jobs.
Who really even wants to go back to work when they’ve realized the entire system is a lie, everything they’ve been told about it was a carefully constructed deception. Beside that most of them are being paid more than working people. Add to that the fact that the 1% will actually end off better while the bottom get pushed further in the mud.
@Brandon Wilson “We’re doomed.”
@christopher weise Civil War without end? To accomplish what exactly?
Socialist Revolution now
Rep Debbie DIngell is aware of the problem and fighting foe the people not like puppet trump and his infected white house
Again if we take COVID-19 seriously and tackled it earlier then maybe it wont be this bad…sigh
Its more the society then the virus
Rix Amoris blame them they want wealth they dont care. If obama was still here this would’ve been take care off
TheGamer2016 what would he have done differently?
or if we did nothing like sweden we would be in a much better place and let me guess your idea of tackling it means complete and total loss of freedom.
John King excellent delivery bam bam bam the facts the news cut and dry no bullshit. Keep up the great work
HONESTY IS THE BEST POLICY – The world is in recession – Open when its safe to do so, Mass deaths are the biggest Disincentive to economic Growth – there is no quick fix –
Trump took to long to respond to the threat of COVID and the repair to the damage cannot be done quickly just because his gut says so.
Trump declared himself a wartime President – Well the last war took six years to Win.
Susan Baron You’ve been paying attention to the White House talking points. That orange kool aid is strong. Stop drinking it.
@Susan Baron You keep saying a critical sign of dementia is repeating yourself. Yet you keep cutting & pasting your same nonsensical post everywhere. Look i the mirror honey….
Trump is a Wartime President. He gave Syria to Russia, Iraq to Iran, & now he’s trying to give Afghanistan to the Taliban. You shouldn’t really be surprised he’s surrendering to Covid-19…..
@Susan Baron Most countries unemployment rate is close to three times that of the US.
SUZAN WHICH COUNTRY tell me now?
They don’t understand how to read the fatalities. YES, THEY DO MOST COUNTRIES KEEP RECORDS AND HAVE TO FILL OUT DEATH CERTIFICATES.
They just guess and they are wrong. NOBODY GUESSES SUSAN
He’s trying to be kind to the news person. THIS MAKES NO SENSE???
what did you mean here
Isn’t one of the critical signs of dementia constantly repeating the same thing over and over. NO SUSAN – NO ONE IS REPEATING AND MY MOTHER HAS DEMENTIA AND DOES NOT REPEAT HERSELF
It seems like the dementia test would be much more critical for CNN employees considering their statements. THEIR STATEMENTS ARE CORRECT AND FACTUAL YOU CAN CHECK THEM ON THE GOVERNMENT WEBSITE SUSAN
I understand that a good deal of the issue is lack of education, very low IQ, lack of experience (or at least remembered experience). Of course,
I BELIEVE YOU ARE DESCRIBING YOURSELF SUSAN – take a look at where you are and tell me who is planning going out for fancy dinner at the restaurant or going on a trip abroad or going to Disney world with the kids
If the answer is no_one YOU HAVE THE ISSUE
they sound like
excessive drug use is part of the issue since dementia (lack of recent memory) is so widespread at CNN.
WHAT LACK OF MEMORY – YOU ARE THE ONE WHO SEEMS TO HAVE FORGOTTEN THAT THERE IS A PANDEMIC AND IN AMERICA RIGHT NOW PEOPLE ARE DYING IN THEIR THOUSANDS FROM IT EVERYDAY
Often there is repetition of the same incoherent phrases four or five times within a very short period of time. WHAT PHRASE SUSAN
DEATH – UNEMPLOYMENT – SUFFERING –
Another characteristic of dementia is negativity!. ARE YOU MAD SUSAN IM BEING SERIOUS –
STATING THE FACTS THAT 78 THOUSAND PEOPLE HAVE DIED FROM THE VIRUS AND UNEMPLOYMENT NUMBERS HAVE SHOT UP AND THE DEATH RATE WILL GO UP AND A VACCINE IS A LONG WAY AWAY
ILL GIVE YOU SOME POSITIVE the air is cleaner and this is helping the fight on GLOBAL WARMING, and you can have more time with your family.
NOW BACK TO REALITY SUSAN
This is the only view expressed on CNN. STOP WATCHING FOX IT IS ON EVERY NEWS NETWORK IN THE WORLD
Then you have the lack of knowledge concerning testing and all other critical issues, including unemployment
HAVE YOU BEEN TESTED SUSAN for coronavirus are you working today?
have you no critical issues pending Susan?
today! Very sad.
King doesn’t even remember that the unemployment rate was only 3.5% in February. I THINK HE DEOS REMEMBER but you have forgotten about the PANDEMIC AFFECTING THE WHOLE WORLD SUSAN
He wasn’t able to research the stats on the economy in Feb. and is totally unaware of the boom economy that existed much less what brought about the boom economy and full employment. Very, very sad.
SUSAN IN 2008 THERE WAS THE FINANCIAL CRASH which I’m sure you have forgotten Obama had to rebuild the economy and did without blasting the national debt
WHEN TRUMP TOOK OVER THE IN 2016 the unemployment rate was only 3.5% THERE WAS NO REAL BOOM – TRUMP JUST BORROWED AND ADDED A TRILLION TO THE NATIONAL DEBT
JUST LIKE MONEY NOW BORROWED TO PAY FOR EVERYONE NOT WORKING ON THIS LOCKDOWN
https://www.youtube.com/watch?v=QozGSS7QY_U
Panic: The Untold Story of the 2008 Financial Crisis
the world in recession and america in another great depression, and going to get worse.
Trillions on weapons and tax breaks and cuts for megacorporations and the top 1%
1,200 for Joe American.
See you on the other side.
America spends too much on their military
$1,200 at once and $2400 a month on top of unemployment for 4 months. That’s almost $11,000 given to you in 4 months. You’re complaining.
Donald Trump In his own words:
“We have it totally under control. It’s one person coming in from China, and we have it under control. It’s going to be just fine.” – 01/22/20
“China has been working very hard to contain the coronavirus. The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!” – 01/28/20
“Looks like by April, you know, in theory, when it gets a little warmer, it miraculously goes away.” – 02/10/20
“In our country, we only have, basically, 12 cases and most of those people are recovering and some cases fully recovered. So it’s actually less.” – 02/12/20
“The Coronavirus is very much under control in the USA. … Stock Market starting to look very good to me!” – 02/24/20
“When you have 15 people, and the 15 within a couple of days is going to be down to close to zero, that’s a pretty good job we’ve done.” – 02/26/20
“It’s going to disappear. One day, it’s like a miracle, it will disappear.” – 02/27/20
“The Fake News Media and their partner, the Democrat Party, is doing everything within its semi-considerable power … to inflame the CoronaVirus situation.” – 03/09/20
“We’re prepared, and we’re doing a great job with it. And it will go away. Just stay calm. It will go away.” 03/10/20
“This is a very contagious virus. It’s incredible. But it’s something that we have tremendous control over.” – 03/15/20
“I felt it was a pandemic long before it was called a pandemic.” 03/17/20
“Nobody would ever believe a thing like that’s possible. Nobody could have ever seen something like this coming, but now we know, and we know it can happen and happen again.” – 03/28/20
“It should’ve never happened. It could’ve been stopped at the source. It could’ve been stopped in China” 05/06/20
Now Trump has presided over the single largest drop in employment in history due to inaction and the tendency to sell people on the fact he was actually doing something. That number will always be associated with his administration. The Herbert Hoover of the 21 Century. Maybe disbanding the pandemic advisory commission wasn’t a good idea after all. Never empty the cupboard then complain the cupboard was bare.