The U.S. Gross Domestic Product (GDP) Drops Dramatically In The Second Quarter

The U.S. Commerce Department reported Thursday that the country's second quarter GDP plunged 32.9% on an annual basis.  It was the worst recorded drop since the government began reporting shortly after WWII.  It comes after the first quarter GDP drop of 5%.  The GDP number represents Trump's ignorance on the U.S. economy and the lack of interest in the coronavirus situation.  It is also a failure of Trump  and his party's ideology on tax cuts.

The President's prediction that the GDP would grow on a consistent basis of between 3-5% per year has never come close.  There was never a economic policy or plan to accomplish that or even keep the Obama economy running at a steady level.  The tax cuts did not even give business the thought of hiring more workers or invest in pant and equipment as compared to past administrations.  And as of this writing Trump and his party has failed to have legislation in place to replace the expired Virus relief package that congress passed 3 months ago.  But the democrats in the U.S. House did their part by passing legislation months ago.  However, Trump and his party ignored the democrats bill, waited until the last minute and then discovered their own party was at odds over their own bill.  So at this writing there is no virus relief legislation thanks to Trump and his party's incompetence.

The Democratic Party has proven once again they are the best at governing even when they do not control the White House.


This commentary written by Joe  Lorio 

Latest Gallup Poll View of World Leaders: Not Kind To President Trump

According to the world view in a recent Gallup poll of world leaders, Donald Trump's approval rating stood at 33% in 2019.  It was 30% in 2017 and 31% in 2018.  The 2019 poll number was at a historically low going back to 2007.  The world view  of the U.S. under President Trump dropped 19 points in 2017 from President Obama's last term in office which was 44%.  Other Gallup poll revelations showed the image of the U.S., China and Russian leadership consistently weak. 

Germany's leader and Chancellor Angela Merkel came out with the highest approval rating with 44%, eleven points higher that Trump.  It was the third straight year Merkel led and was thought of as a stable leader with global responsibility.  So the international community has rejected Trump's leadership for the past three years by a wide margin in favor of Merkel.  And coupled with Trump's standing in American polls it becomes clear that Trump's boast of "make America great again" was and is nothing more that a propaganda slogan.  It is empty and fake like his Mexico will pay for his wall boast.

And once again, history is confirming just how accurate Hillary Clinton was during the 2016 campaign and debates concerning Trump's unfitness to serve.


This commentary written by Joe Lorio