Unemployment On The Rise, Economy In Reverse | Morning Joe | MSNBC

Unemployment On The Rise, Economy In Reverse | Morning Joe | MSNBC 1

 

Former Treasury official Steven Rattner joins Morning Joe to discuss the devastating effects of the coronavirus pandemic on the economy and the need for containment to enable a true recovery. Aired on 7/31/2020.
» Subscribe to MSNBC:

MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, Meet the Press Daily, The Beat with Ari Melber, Deadline: White House with Nicolle Wallace, Hardball, All In, Last Word, 11th Hour, and more.

Connect with MSNBC Online
Visit msnbc.com:
Subscribe to MSNBC Newsletter:
Find MSNBC on Facebook:
Follow MSNBC on Twitter:
Follow MSNBC on Instagram:

Unemployment On The Rise, Economy In Reverse | Morning Joe | MSNBC

96 Comments on "Unemployment On The Rise, Economy In Reverse | Morning Joe | MSNBC"

  1. At this rate, Fake President Trump may not win even one state in November, with all votes for Biden coming from citizens who lived long enough to vote by wearing masks.

    • @Robert Alan,
      Please hold your breath until that day comes.

    • Eddie Figueroa | July 31, 2020 at 1:12 PM | Reply

      1017 Life, LIBERTY, and the pursuit of “happyness.”

      Edit…
      You are on the WRONG side of history.

    • Eddie Figueroa | July 31, 2020 at 1:16 PM | Reply

      Robert Alan Robert, my unsolicited advice…
      The demons, pagans, barbarians can only prod, provoke, and entice you to sin. They cannot harm you, but they try to get you to destroy yourself. Stay calm, resolute and steadfast — do not (edit) worry — “God got you.”

    • @612Tiberius – All we really have to do is cut their Cluster-Fox ‘News’ feed and drain the batteries on their ‘Hoverarounds’…that will take care of the majority of them. 😏

    • Don’t be fooled. He might win the election. I am no trump supporter , but he has a very large following base. I know some personally.

  2. So, after trying to lie away the suffering and death of the people, he is now trying to lie away the economic hardship and anxiety.
    Orange toad just doesnt get it.

    • Sask Sun seekers | July 31, 2020 at 12:44 PM | Reply

      Indeed 7 mil jobs added…is that why the GDP is the lowest since 1937…here in Canada ours has gone up …mind you it is still 15% behind where we were in February …still not sure why trump keeps on pushing misinformation…we all know how ignorant and or willfully stupid his supporters are…but that is only 35% of the US population…IMHO trump and his GOP enablers are DONE Nov 3!!! Stay healthy stay safe from Canada!!!

    • Genghis Smith | July 31, 2020 at 12:44 PM | Reply

      Heather Larson The decline started with Reaganomics/trickle down.

    • People often quote the case fatality rate (# of deaths / of people tested postive). The flu can have a CFR of 20% is is dependent on how much testing you do. The actual rate is called the incident fatality rate (# of deaths / total # of people who have had the disease). Based on antibody studies the IFR of Covid-19 is 0.1% like the flu. Dozens of studies here: https://swprs.org/studies-on-covid-19-lethality/

    • lol 😆 orange toad… i call him an orangutan so close enough

    • Tammy whynot | August 2, 2020 at 1:07 PM | Reply

      OH HE GETS IT, HE DOES NOT CARE THAT IS MUCH WORSE THAT NOT GETTING IT.

  3. Well all those Trump supporters that wanted Trump to run the country like his businesses there you go … He went bankrupt ,now he’s doing it to America !!!

  4. Fake president, revealing his fake numbers, to support his fake news.

    • Keith Johnson - Shelby GT500 | August 2, 2020 at 8:59 PM | Reply

      @Webburns – the typical Liberal Democrat is so DUBM that they still think Bush Crashed the Economy, and Obama Fixed it with Taxes, Welfare, and Big Government Liberalism Controlling Every Aspect of Your Life.

      from Nov 2006 to Jan 2017

      Liberalism was an Unmitigated Financial Catastrophe

    • Keith Johnson - Shelby GT500 | August 2, 2020 at 9:19 PM | Reply

      @Webburns – if you watched the Liberal Nazis at the Barr hearing, you might have noticed that Nadler entered OP-ED’s as Evidence for the Record.

      Ironic you think Fox News isn’t news, when CNN and MSNBC are nothing more than a Propaganda arm of the Democrat party

    • @Keith Johnson – Shelby GT500 I sorry, I am confused what about Liberal Democrat and what they think? Has I have said in the past, every President, Administration, and Congress both House and Senate has done something to the citizens and the world. If you think that the United States of America is a democracy a system of government by the whole population or all the eligible members of a state, typically through elected representatives, you are wrong it is an oligarchy. The United States sell more death than every country in the world. Trump is now allowing the sale of drones, great lets give the world drones. Did you understand that the next generation of F35s is a drone. Trump is dangerous, China will soon be the superpower of the world. They flicked a finger at Trump just a few days ago, they have almost finished the trade deal with IRAN using OIL as currency. They are in have give billions to many countries around the world in supporting SinoPharm vaccine. (Mexico, Brazil, Canada, Bangladesh, and others) China is making trade deals with UK, Germany, and others. MAGA capitalism doing.

    • @Keith Johnson – Shelby GT500 You are correct CNN, ABC, MSNBC, and many others are propaganda. I don’t watch Network News it is Sh*t …. I don’t understand what about Barr? Fox News is not News the same Paid Contributors with host making up Sh*t, with hosts making millions from Adv, Hannity $250 million with $15 million from his radio show?

    • @Webburns – However, there are *actual fact-checkers* at the ‘Big 3’, as well as CNN and MSNBC (both networks having fired reporters who deliberately misrepresented the facts)…whereas Cluster-Fox ‘News’ goes with ‘many people are saying’. 🙄

  5. Chris P. Bacon | July 31, 2020 at 10:09 AM | Reply

    Trump lives in his own little world. Sadly, it’s a fact-free planet.

  6. Richard Owens | July 31, 2020 at 10:09 AM | Reply

    The Trump Clown Show is merely a distraction from the serious crimes being committed behind the scenes.

    • alan adrienne | July 31, 2020 at 3:55 PM | Reply

      Treason, tax evasion and money laundering

    • Not-so-smart aleck | July 31, 2020 at 7:32 PM | Reply

      Willful, open disregard for the Coronavirus pandemic (as it raged like a wildfire across the US, killing 150,000 Americans so far); stealing, along with his corporate cronies/Cabinet members, billions of US taxpayer dollars that were intended as an economic stimulus during the pandemic, for laid-off workers and struggling small businesses; and God knows what else.

    • J M M He must’ve been feeling a little sensitive today—hey, trolls have feelings too.

    • Welcome to The King Klown Show!

    • newbeginnings | August 2, 2020 at 3:42 PM | Reply

      Which – I have faith – that they will all be released when Barr and Trump have left the building 🙂

  7. The Zombie Whisperer | July 31, 2020 at 10:11 AM | Reply

    I’m glad that Trump’s base/Kkklan is suffering too

  8. Jeannette Coleman | July 31, 2020 at 10:15 AM | Reply

    Please step down stop embarrassing yourself.

  9. Another important point is the consumer credit card spending is not necessarily indicative of economic revival but could just mean people have no money and are using what’s left of their credit card balance.

    • Juci Shockwave | July 31, 2020 at 3:18 PM | Reply

      Exactly! The use of invisible money is an indicator of the economy failing, not reviving. We will see more debt than ever before. 🙁 Debt isn’t good, it means a broken, failed system.

    • We *did,* errgsd…now it’s *your turn.* 📑
      https://www.nationalgeographic.com/science/2020/07/coronavirus-deadlier-than-many-believed-infection-fatality-rate-cvd/
      And ‘you’re welcome’ for the edification provided. 😌

    • Kenny Michael Alanya | July 31, 2020 at 5:07 PM | Reply

      @Jackie Paper dude 3 months actually not 4 months.
      It’s been 3 months since lockdown and this virus has killed over 150K in USA😳.
      3 times more than the Vietnam war and that took years and years🥺

    • Jackie Paper | July 31, 2020 at 8:44 PM | Reply

      @errgsd Best way to protect vulnerable people is for everyone to wear a mask in public to slow the rate of infection cuz even if you don’t get sick you can still pass it on to people who will. Not worth it to open indoor spaces where large groups of people gather in close quarters–bars, restaurants, movie theaters, churches, etc. The cost-benefit shows it’s not worth it. Opening schools right now seems like another potential disaster as viruses can spread through a school like wildfire and even if kids don’t get sick from it, their parents and teachers certainly will. I’ve continued to work throughout this whole thing. Everyone wears a mask and we stagger shifts to minimize the number of people in the office at any one time plus a lot can be done from home. I don’t go to bars and restaurants and always wear a mask when indoors in public places like the supermarket. I feel comfortable that I’m taking appropriate precautions so I don’t get sick and don’t pass it on to someone vulnerable.

    • joyce Loesch | August 1, 2020 at 5:04 PM | Reply

      You are correct. It is a last ditched effort to survive.

  10. Patrick Kingfisher Kennedy | July 31, 2020 at 10:16 AM | Reply

    “My authority is total and I take no responsibility at all” words muttered by an EPIC FAILURE.

    Over 150K Americans have died from COVID-19, over 30 million Americans are unemployed bc of tRump.

    • Victoria Nyteshade | July 31, 2020 at 1:44 PM | Reply

      @Patrick Kingfisher Kennedy I am realizing that..lol..thanks

    • Darth Sidious | July 31, 2020 at 6:27 PM | Reply

      He’s the worst person to become president. It’s shocking to see that a lot of people still like him it’s insane

    • Not-so-smart aleck | July 31, 2020 at 8:12 PM | Reply

      @Darth Sidious Trump-tards would still vote for him if he dropped a bomb on them that killed half of them. Which is essentially what Covid-19 is (a “bomb”), and is doing (to 150,000 Americans so far), thanks to Trump’s pathetic NON-response to the pandemic–back when other countries did strict lockdowns (and/or isolated the known Covid patients, did contact tracing, etc.), and were able to snuff it out for the most part.

    • Darth Sidious | July 31, 2020 at 8:15 PM | Reply

      @Not-so-smart aleck they probably would and that’s a shame

    • @Darth Sidious – Yep.
      #45PromisedAmericanCarnage 👎
      And his followers are ‘okey-dokey’ with that, apparently. 🙄

  11. I’m speechless, but Trump never is. Moscow Mitch can retire into his gated estate, knowing that life in the USA will now be much more like life in Russia, where his fellow oligarchs also live in gated estates.

  12. COVID-19, the Trump virus, numbers Donald Trump is reading in the video about. Looks like Trump has been busy with his sharpie, again.
    Things in Texas, Florida and Arizona do not look good. There is no economic comeback, except in Trump’s mind.
    Stimulus money has run out. Mitch McConnell and the GOP Senators have killed a second stimulus.

  13. Trump Can’t Stop Lying !

    • Your funny go see how your lied to how you support and paid for letting the government own you educate yourself stop looking like a fool

    • @Dash adw Dit-dit-dash-dash!…..Typical asshat supporter who says “educate yourself”……And look at that mess of a sentence he just wrote! lol! WTF!??🤣

    • Cletus Boyce | July 31, 2020 at 2:06 PM | Reply

      Dash Andrew Your word salad implies I should educate myself. That is a good idea. I think you should start learning about English grammar. 🤓

  14. July is over and we are ROCKING. Thanks Jared. Moron.

  15. Trump did it, he ran US economy like it was one of his businesses! Into bankruptcy:/ GOP = Party of recession.

  16. Perry Stroika | July 31, 2020 at 10:28 AM | Reply

    There’s no point in this guy talking. He has no credibility. No one believes him.

    We are going to continue to see more and more deaths for the immediate future

    • Perry Stroika Exactly 1500 Adam now highest buy double 213 countries in the world and trumps winning.Canada

    • Not-so-smart aleck | July 31, 2020 at 7:36 PM | Reply

      His uneducated, racist voter base (in the MAGA hats) unfortunately DOES believe him, even as it costs some of them their lives due to Covid (which Trump willfully ignored, and made up racist names for), and also as Trump and his corporate cronies/Cabinet members steal billions of American taxpayer dollars intended as an economic stimulus during the Covid pandemic.

    • Carmen Perez | August 1, 2020 at 2:05 AM | Reply

      You’d be surprised. My family members are successful, highly educated people and they’re ready to cut off an arm in his defense. I feel like I’ve entered the twilight zone.

    • John Steward | August 1, 2020 at 4:54 AM | Reply

      I live in a very red county in a red state. There are a lot of people, either the wealthy, the Evangelicals, the morons, and/or the racists, who rub one out whenever he talks because he is “The Chosen One.”

  17. *POTUS & Jared predicted A ”Rocking US Economy in July”. Let’s end this nightmare on November 3rd. Wear a Mask and VOTE HIM OUT. Postal Vote or by Ballot Box.*

    • Bonita Janssen | August 2, 2020 at 8:27 AM | Reply

      @Gary Sherrill
      “the donald” THE ANTI-CHRIST

      The first to say “Let’s make America great again!” :

      RONALD 6
      WILSON 6
      REAGAN 6

      YOU ARE DECIEVED.

    • Gary Sherrill | August 2, 2020 at 9:46 AM | Reply

      @Bonita Janssen Nobody knows who the antichrist is .That will not be revealed until after the rapture. The bible says that the antichrist will start his reign as a man of peace and the people of the world will think his is a great leader. Thats not the way alot of people fill about President Trump.

    • Bonita Janssen | August 2, 2020 at 10:32 AM | Reply

      @Gary Sherrill
      He is described, in the Book of Daniel, as :
      LAWLESS
      VILE
      FLATTERS WITH THE TOUNGE
      Also, as a WARMONGER. YOU REALLY need to wake up.

      “PRAY EVERYDAY THAT YOU BE FOUND WORTHY TO ESCAPE ALL THESE THINGS THAT ARE COMING TO THE WORLD.”!

      “WHEN YOU SEE THESE THINGS BEGIN TO HAPPEN, LOOK UP, YOUR REDEMTION DRAWETH NEIGH.”!

      “COMFORT ONE ANOTHER WITH THESE WORDS.” (The RAPTURE).

      America is mystery BABYLON.
      You are to “CONFORM NO LONGER TO THE WAYS OF THE WORLD.”

      PEACE I HOPE FOR YOU. 💝

    • Oh, doug. 🙄
      Hemingway is a rightwing jingo-slinger ‘working’ at a rightwing website: 📑
      https://mediabiasfactcheck.com/real-clear-politics/
      And *that’s* where your ‘cited source’ came from…? 🤣

    • Well it has fallen off a cliff and been bruised by rocks on the way down.

  18. Bob Courtier | July 31, 2020 at 11:35 AM | Reply

    Like his Bible, trump has the chart upside down.

  19. Third record day for corona deaths in Florida.
    Trump-“They are starting to come down in Florida”
    GDP down by 33%…
    Trump…”this comeback continues”…
    The lying comes so easy to him, it’s staggering.

  20. Tired of Fools | July 31, 2020 at 4:02 PM | Reply

    “We were the strongest country in the world.” – Trump. Keyword: “WERE”

Leave a comment

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.