• GDP in the U.S. fell by an astonishing 32.9% in the second quarter, shattering records.

• The previous record was a 10% fall in 1958.

• The Q2 2020 drop is almost four times as large as the largest drop during the Great Recession.

See full story here.

Categories: Business, Government

Tags: behavioral economics, breaking news, democratic socialism, economic left, economic news, economics news, featured, gdp drop, keynesian economics, left media, leftism, leftist economic news, leftist media outlet, leftist news, news, progressive, progressive economic news, progressive media, progressive media outlet, progressive movement, progressive news, progressive news sites, socialism