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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Sdgla who wrote (1216533)	4/3/2020 10:23:55 PM
From: pocotrader	Read Replies (1) \| Respond to of 1578798

To: Sdgla who wrote (1216533)	4/3/2020 10:24:30 PM
From: Mongo2116	1 Recommendation Recommended By pocotrader Respond to of 1578798

To: Sdgla who wrote (1216533)	4/3/2020 11:38:50 PM
From: puborectalis	Read Replies (2) \| Respond to of 1578798

A new CBO report said the economy would shrink by 7% in GDP and that unemployment would surge to 10% in the second quarter, a level unseen since the Great Recession.Lingering effects of the crisis could stretch into the end of 2021, as unemployment could still be as high as 9%.The analysis is at odds with President Trump's optimistic assessment of the economic crisis, as the CBO is not expecting a quick rebound this year and instead projecting the pain will stretch on for a long time."I don't think it's going to end up being such a rough patch," Trump said at a White House press conference last week.