Morning Joe's economic analyst Steve Rattner discusses JP Morgan’s latest GDP forecast, which puts the total decline over the first half of this year close to the total drop experienced during the 2008 downturn. Aired on 03/19/2020.
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Rattner's Charts: Historic Decline In Economic Growth Is Unfolding | Morning Joe | MSNBC
Kind of resembles Donnie’s Sharpie SIGNATURE!
😂 😂 😂 😂
THE CONMAN trump who is Mr. Bankruptcy!
Is destroying our economy!
SUPRISED???
I like to hear what you said from Trump supporters.
I like to know what they think. I’m pretty sure most of them still support him 100%. I like to know how some independent/Democrats who voted him into the office feel.
Jesusmay David I don’t even care about Donald trump, literally don’t lean one way or another as far as him. But what’s blatant and the liberals going absolutely nuts and blowing things out of proportion with this. Anyone with a brain can see this, doesn’t matter what political views you have. The media is full of manipulation and false information on all sides of the story. I lie in between because no source is completely credible due to a bias. :/
All by himself beautiful the chosen one ….
The stable genius…….
But the crash was beautiful perfect like the phone call
@Parker Phase fock trump period if you vote for trump fock you 2
Moscow Mitch I didn’t vote for him, you got hatred problems for sure though if that’s how you go about life
*Kind of resembles Donnie’s SIGNATURE!*
DAILY BEAST I actually thought that what it was before I clicked on.😂
DAILY BEAST Oh, my goodness, great minds think alike, the great leader’s signature indeed. 😂😂😂😂😂😂😂
Probably how he plays golf, nothing but hills and valleys?
Another bankruptcy brought to us by donald dump.
Your winning, bigly, huge!
what if the coronavirus is emanating from the lying mouth of impeached clown trump!?!
😆 😆 the economy crash beautiful
Aided by Republicans this will be another targeted crash, the rich will get bailed out and we will get the bill.
History will write a long and distasteful chapter to an ABSOLUTE failure of a man, and an abysmal totally worthless failure of a presidency.
The real question is how this president will handle mass concern over something he cannot control. Probably the same way he always reacts: blame, distract and move on.
It will also record the fact that so many became unable to deal with the fear of possibly getting a flu virus. The same fear they felt on election night, and the four years since. Talk about scared liberals.
@NP PJ 60 percent of us didnt vote for him. There are hundreds of millions of us. Dont label us all the same. We are more diverse than any other country. Racially. Culturally. Regionally we are very different.
@Angela Baiers You must be 3 yrs old.
In that History should be all the suffering of many people and the many, many Ignorant people who enabled him.
Great legacy Donald. Run those stock market figures past us again?
19,804 the day before Trump’s inauguration and 19,898 right now. So much “winning”. He warned us we’d be tired of all his winning.
better yet, why not sign the latest chart and send it to Joe Biden.
Trump can’t lie, blame, scapegoat, obstruct, bully, insult, and obfuscate his way out of his mess.
@Loostreaks
“He could jump off the cliff and they’d follow him.”
Let’s find a suitable cliff pronto!
@Frank Winkhorst Not only grandparents, their parents, their co-workers. This virus is affecting all age groups.
@Jeff Gibson you can see the ice caps melting
Jeff Gibson Trump is a fraud; what we want him to do is resign; if he was a responsible person he would do so but it is impossible for him to think of anyone but himself because he is a textbook sociopath.
justsaying Trump is a sociopath and a pathological liar; he can’t help himself.
Uh oh,, Obama’s fault, Hilllary emails, or its Comey he will find someone to blame
don’t forget about BURISMA!!!
Maybe Comey can take some blame,whatever one might think of Hillary,she would have been the most qualified to handle this pandemic.
Hayden Williams Speaking of that, what is Rudy doing? Is he still over in Ukraine fighting crime?
@Angel Wilder Funny how those things fade into the background. Make some blustery false statements and then fade. What ever happened to the “tremendous” Durham report that would take down all Democrats???
@Angel Wilder Haahhahahaa
if we had a leader that could inspire confidence instead of lying and name calling, please get the mans taxes out, that should shut him up.
“China, if you’re listening, find Trump’s taxes” -Biden2020 slogan.
@Hiten Mistry agree, but sadly even Clinton would have done the same- all politicians have self interest just like Trump
Mary Brock i didn’t get far in school but I recall Plato said something to the effect that we should be governed by philosophers and not lawyers, after all this time we still don’t have it right.
Hiten Mistry also the money trail out of Deutsche, who else can get a loan to pay for a loan you defaulted on?
@Steve Logue
Sadly, we will never be privvy to the results of those investigations. All that will be under the carpet once he’s gone. And we’ll be on to the next news cycle. He’ll slink away with all he’s grabbed and we’ll all just be grateful he’s gone…
so all of the gains since trump got in are lost, if only trump could get lost.
@Annie All those corp. tax cuts went mostly into stock buybacks. Not wages, not hiring a lot more people. Corp. took the cushion out by that. Now when they should be flush with cash, are going to ask for bailouts.
@covfefe And there’s probably going to be more automation in the workforce.
@covfefe you need miners to mine gold, and people and industry to use it. if you are going to invest, invest in companies that sell medical and disinfectant supplies
@Just Say’n
“The current market cap is roughly equal to the size of the stock market when Donald Trump emerged victorious in the 2016 election. The Trump administration repeatedly downplayed the virus and its risks when outsized stock selling began in late February, with top economic adviser Larry Kudlow even saying the outbreak was contained on February 25.” …….”Thursday’s steep sell-off erased all remaining gains made in the stock market since President Trump’s 2016 election win.”
These gains were those initiated by the Obama administration. And these gains were to trickle down to “We the People”.The only thing that trickles down from Trump’s doing is the Orange urine in his diaper. Nothing for “We the People” other than grief and disappointment.
@covfefe
“China may have started it”
It is NOT because the Coronavirus originated in China that one can say “China may have started it”. Africa did NOT start the Ebola virus; it originated in Africa. Other than that, I “liked” your comment.
All those trump economic gains from his tax cut are absolutely GONE!!!!!!
unfortunately, the bill to the US TAXPAYERS isn’t.
Lacedup trump had nothing to do with the gains. It was president Obama’s economic strategy not the current occupant of the people’s White House
Yep – $1 Trillion for the Rich Corps to buy back stocks, and they still want a Bailout = Deficit for Nothing !!!! Dump Trump.
Lacedup
As well as a lot of powder in the arsenal to fight the upcoming recession. As if that wasnt enough, he forced FED into lowering the interest rate last year for no good reason and last week again – which isnt going to help working and soon unemployed Americans anyway.
Incompetence 101 with trump. 6 times bankrupt – the 7th will be America.
Tax cuts have NEVER led to economic gains. That’s been the Republican myth for 40 years. Tax cuts serve no purpose, other than to hand more wealth and power to the top 2 percent.
It’s time for the top 10% to return those trump tax reductions…
Good luck. The top 10% would rather flee the country than pay more taxes.
Okay. You return your increased child tax deduction.
@Babba Ganoush this is going to hurt….https://markets.businessinsider.com/news/stocks/stock-market-outlook-2016-trump-win-gains-erased-coronavirus-risks-2020-3-1028991585
Morning Joe and second wife Meeka are in that group, with the millions they make on this gossip show. Think they will do more than give lip service to that idea ?
Heck Morning Joke supported candidate and “friend” trump on his show and voted for him. Conservative Morning Joke has not cried out once about the doubling of the deficit under this administration, which, if it were LIBRAL he would be interrupting his guests more, to point that out every sh@t show he put out.
@Robin Lillian Changing the laws to justify bad ideas or behavior is referred to as “under the color of law” , it is an abuse of the principle of law, reducing the law as a technical handmaiden for a false concept of justice.
been saying it for the longest time: PISSPOOR LEADERSHIP.
Remember that great economy Obama left Trump. “Nobody knew” electing a guy who’s biography will be called “Trump: Fake it til you break it, then blame someone else” would be a bad idea.
The Dow erased Trump and now it’s the voters turn.
What a wonderful title , Love it. By the way, anybody who read his “Art of the Deal” would have known what a shyster, “out for himself only” wouldn’t have voted for him either. Unless that’s who they wish they could/would be.
This sick economy is EXACTLY THE SAME SICK ECONOMY WE HAD UNDER OBAMA. Dow 20,000. S&P 500 at 2200. 10,000,000 more people out of work on Friday. Tens of thousands of people dying of SARS, MERS, H1N1, and flu. GDP growing at 1.6%/year. Tell me why I’m wrong.
@Jeff Gibson ok….https://markets.businessinsider.com/news/stocks/stock-market-outlook-2016-trump-win-gains-erased-coronavirus-risks-2020-3-1028991585
@Jeff Gibson You’re wrong!
@marvin urmenita The economic indeces are the same as Obama. Except they are not stuck there for eight years like in Obama’s years.
This gentleman was correct when he used the term “Depression”
This is what happens when COVD does not MAGICALLY disappear as predicated by the MAGICIAN trump.
But the magician is quicker and his game is much thicker than blood and blacker than ink, and there’s no time to think. (Bob Dylan)
Hydrochloroquonone ! It’s magic.
“I don’t take any responsibility at all.” — “President” Trump
@Steven Jenkins The buck stops with the president! https://www.washingtonpost.com/news/to-your-health/wp/2018/05/10/top-white-house-official-in-charge-of-pandemic-response-exits-abruptly/
@Steven Jenkins have you been in a coma??
Or living under a rock the past 2 months, the guy botched every opportunity he had to get ahead of the problem…
Of course he doesn’t…He is the Virus.
Steven Jenkins so you are saying that trump blaming President Obama is right?! If you do you are a moron and part of the reason this country is the way it is…smh!
@Steven Jenkins Trump was elected POTUS, he’s not some bystander; his job is not to enrich him self and his cronies, play golf all the time and hold rallies where he eggs on a cult/mob of aggresvely ignorant, self pitying crybabies.
Times like this I really wish we had a President.
They’re turning to Yang for advice, maybe HE is president, now.
Come November we finally will have a president,
Yes this is a challenge for a real genius. Dog help us all
Yeah be handy wouldn’t it?
The bankruptcy King doing his thing 😠
Trump’s objective is to erase Obama’s stock gains as well, everything OBAMA must GO