Washington Post (July 31)
“The second quarter GDP report confused many, but any way you slice it, the economy saw its worst quarter in at least 145 years.” A key sentence read “Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020.” That figure is annualized and seasonally adjusted. For the quarter alone, it was a drop of 9.5 percent, “still the worst since at least 1875.”
Tags: 1875, Annual rate, Annualized, Drop, Economy, GDP, Q2, Seasonally adjusted, U.S., Worst
The Economist (September 28)
“This was the worst week in Mr Johnson’s extraordinarily bad two months in office. The unelected prime minister has lost every vote he has faced, squandered his majority and fired a score of MPs from his Conservative Party. Following the court’s ruling, he was dragged back from a UN summit in New York to face the music in Westminster, where MPs now have ample time to grill him”
Tags: Bad, Conservative Party, Court, Johnson, Majority, MPs, PM, Squandered, UN summit, Unelected, Vote, Westminster, Worst
Washington Post (September 9)
“It’s true that Trump likes making deals. He’s just not very good at it. In fact, he may be the worst dealmaker ever to occupy the Oval Office. The abrupt disintegration of his accord with the Taliban provides the latest evidence that he’s too impetuous and ignorant to be a successful negotiator…. Trump is a better dealbreaker than dealmaker.”
Tags: Accord, Dealbreaker, Deals, Disintegration, Evidence, Ignorant, Impetuous, Negotiator, Taliban, Trump, Worst
Washington Post (August 26)
President Trump has recently “vacillated back and forth between praising China and harshly criticizing it, all while claiming that the trade war he initiated is going great for the United States as evidence mounts that it is pushing us toward recession.” He seems to labor “under a series of misconceptions, bred by ignorance and what appears to be a complete lack of interest in grasping how the trade war appears from China’s perspective.” It is becoming painfully obvious that “Trump is in fact the world’s worst negotiator. And the price Americans are paying for his weakness keeps getting higher.”
Tags: China, Criticizing, Ignorance, Misconceptions, Praising, Recession, Trade war, Trump, U.S., Vacillated, Worst
New York Times (April 23)
“We can wait to reject this appalling worst-president-ever in the next election. Impeachment would drive the whole country even further apart. The Republicans in the Senate would never go for it anyway. And by the time we staggered to the inevitable stalemate, it’d be well into 2020. Let’s just vote the sucker out.”
Tags: Appalling, Election, Impeachment, President, Reject, Republicans, Stalemate, Trump, Vote 2020, Worst
Institutional Investor (December 21)
“As we face the end of another year, reviewing performance and planning 2018’s asset allocations, perhaps it is wise to remember that our worst (and best) case scenarios rarely materialize.”
Tags: Asset allocations, Best case, Performance, Planning, Review, Scenarios, Worst, Year end
Gizmodo (December 11)
“Over the past year, Australia released an estimated 140 metric tons of carbon dioxide equivalent in greenhouse gases,” excluding unreliable estimates for land use-related emissions. This marks a new record for down under and places Australia as one of “the worst polluters per capita among countries in its class.”
Washington Post (January 14)
“The China bubble has burst,” but the nation’s trajectory remains unclear. “The worst outcome—a doomsday scenario—would have China fostering worldwide deflation. Its growth would continue to deteriorate sharply, extending the decline in commodity prices and the weakness of global trade. Around the world, there would be more production cuts, layoffs and bankruptcies.”
Tags: Bankruptcies, Bubble, Burst, China, Commodity prices, Deflation, Doomsday, Global trade, Layoffs, Outcome, Production cuts, Unclear, Worst
