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Michael Smith
David Pakman Show
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Comments by "Michael Smith" (@MichaelSmith-fj7di) on "Economy COLLAPSES as Coronavirus Takes Over" video.
Everyone, please vote Trump and his cronies out today if you haven't yet! Remember that Democrats are better on the economy than Republicans.
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Net GDP is still down because that 33% growth is from a smaller percent. Further, COVID-19 has a mortality rate of 2.5% while the flu has a rate of 0.1%, so it's 25x more deadly than the flu.
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BillieBikes It's simple mathematics. If you have $100,000 then lose 40% of that, you're down to $60,000. If you then get 50% of what you have, you now have $90,000, so you have a net loss of $10,000.
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@shlockofgod However, it's 33% relative to the 2nd Quarter numbers which means that it's still down from the start of this year.
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