Comments by "Brand131" (@Brand131) on "Eurozone economy falls by 12.1% in second quarter" video.

You can hear it at 0:46 "The deeper the lockdown, the higher the chances of long lasting damage to the economy". In other words, if the US Democrats would have had their way, it could've been even worse. What you see now is that the fallout of a policy advocated by the Democrats that is now being blamed on Trump.
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@buzzhawk What I said logically follows from what is being said in this video. You're claiming the opposite of what the video states.
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@buzzhawk Yet, the video suggests otherwise. Or why would locking down be a trade-off between flattening the curve and protecting the economy for everyone else, but a dominant strategy (as in always better) for the US?
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@buzzhawk The number you cited in your OP (32% Q2 YoY) is from the Bureau of Economic Analysis (BEA). This is an "annualized" percentage. I don't think it's a year-on-year percentage either (but based on Q1 2020), but I'm not sure if it matters much. Basically, they extrapolated the percentage change for Q2 2020 to an entire year. (they assumed Q2 2020 was representative for a full year). In contrast, the numbers cited in this video for the Eurozone are only in comparison for the previous quarter (For the same quarter of the previous year (yoy) they're even worse for the Eurozone, around 14-15%) and more importantly, they're not annualized. I'm sure more goes into it than just multiplying a percentage by 4, but I'd expect if Europe's numbers would be annualized they'll appear to be equally bad or worse. In comparison, the GDP drop for the US for Q1 2020 is 9.5% and for Q2 2019 is around 9.9% (I calculated last one myself from the raw data of the BEA). In that light, the US performance wasn't that bad in comparison.
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