1/3 of the US #economy shut down in the second quarter. The 32.9% annualized contraction is the WORST quarter in US history. Consumer spending took the biggest hit--and that was WITH the now-expired CARES stipend. https://www.zerohedge.com/markets/us-q2-gdp-crashes-record-329-worse-great-depression #news #jobs #trade #unemployment

Even the UN is recognizing that the lunatic #lockdown is hurting our #children. Why, then, does the legacy media still push its fear porn advocating for more lockdowns? https://summit.news/2020/07/29/un-officials-cite-study-that-finds-lockdowns-school-closures-killing-more-children-than-covid/ #news #EndTheShutdown #FactsMatter

The fatal flaw in the CARES stipend is that it was never any sort of actual #stimulus. The fatal flaw in abruptly ending the stipend is that is undeniably a demand shock. 2 economic wrongs will not make anything right. http://archive.vn/k4wYu #news #economy #jobs #CARESAct