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The Right Coast
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U.S. suffered worst quarterly contraction on record as virus ravages economy – POLITICO

By Thomas A. Smith

The U.S. economy crashed in historic fashion this year shrinking at a nearly 33 percent annualized pace in the second quarter as the coronavirus pandemic ravaged businesses and sent joblessness soaring. The question now for President Donald Trump, trailing in the polls and facing a daunting reelection effort, is just how much conditions can snap back in the months leading up to Election Day.

via www.politico.com