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20% unemployment expected. Munchin says. (Original Post) Cattledog Mar 2020 OP
Interpretation would indicate a much higher number. dhol82 Mar 2020 #1
Sadly, yes. tavernier Mar 2020 #11
Only 20%? We can only be so lucky ansible Mar 2020 #2
That's almost Great Depression-level unemployment. The Velveteen Ocelot Mar 2020 #3
yikes, those are depression level numbers at140 Mar 2020 #4
Trump will again claim these unemployment numbers are "fake" sop Mar 2020 #5
"Could" and "expected" aren't quite the same thing. TwilightZone Mar 2020 #6
+1 EarthFirst Mar 2020 #10
and he said thats what could happen if the coronavirus spending bill is NOT passed, thesquanderer Mar 2020 #15
Agreed. TwilightZone Mar 2020 #16
I wonder if the rubes are weary MontanaMama Mar 2020 #7
Like the Great Depression and Trump is Hoover octoberlib Mar 2020 #8
Let's just hope that Biden is our next FDR dhol82 Mar 2020 #12
The panic begins at the White House. marble falls Mar 2020 #9
Was he just too scared to tell the Democratic leaders too??? C_U_L8R Mar 2020 #13
If unemployment were to rise above ten percent pecosbob Mar 2020 #14

at140

(6,110 posts)
4. yikes, those are depression level numbers
Tue Mar 17, 2020, 07:39 PM
Mar 2020

but there is hope the numbers will improve quickly if the virus is under control.

TwilightZone

(25,469 posts)
6. "Could" and "expected" aren't quite the same thing.
Tue Mar 17, 2020, 07:41 PM
Mar 2020

"Treasury Secretary Steven Mnuchin warned Republican senators Tuesday morning that the coronavirus pandemic could drive up US unemployment to 20%, a Republican Senate source told CNN. "

https://www.democraticunderground.com/10142450036

thesquanderer

(11,986 posts)
15. and he said thats what could happen if the coronavirus spending bill is NOT passed,
Tue Mar 17, 2020, 08:18 PM
Mar 2020

according to msnbc

But something IS going to pass. And statements like this are designed to help assure it.

pecosbob

(7,538 posts)
14. If unemployment were to rise above ten percent
Tue Mar 17, 2020, 08:06 PM
Mar 2020

there's no chance Trump could be re-elected. Even FOX couldn't spin that.

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