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qazplm135

(7,447 posts)
4. six months is too long
Tue Apr 21, 2020, 10:21 PM
Apr 2020

If he's just turning things around by late October that's just too late. He basically has to have the economy make a clear turn-around by I'd say late August. If it's not clear that we are back and growing strong by then, the public mood will be that things under him got worse with the economy.

So I'd say he has about four months. Which is why he's fighting so hard for May 1st to open things up. He knows it's going to take 2-3 months best case scenario for the economy to start looking like it did before. (I don't think that's going to happen, I am just talking best case scenario).

If things don't start opening up until June, then there's no way things start to really take a positive turn until September at the earliest. People are not going to go out full bore for a month or two after things start to open up, so the economy will be less than it was for at least that long.

I also don't think everyone is getting their job back right away, which means a lot of missed payments, and a lot of people falling into poverty or debt. Which means less spending, which means lower GDP.

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