The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

Tag: economic downturn

Worst Quarterly Downturn Since ’29 Crash Fails To Spur GOP Economic Action

Donald Trump oversaw the worst economic quarter in recorded U.S. history, with the economy shrinking by 33 percent from April through June.

This marks the second quarter in a row Trump has presided over a steep quarterly drop in the nation's gross domestic product, the Associated Press reported on Thursday, following a five percent drop from January through March.

Read Now Show less