— Our Megan Cassella: “The economic meltdown that has devastated the country amid the coronavirus pandemic has proven uniquely damaging for black Americans, threatening to exacerbate an already staggering racial wealth gap and fueling“Black workers are more likely to be out of a job, to have lost income or to have left the labor market altogether, economic data and surveys show — and less than half of black adults are now employed.
“In some cities in the U.S., the protests over Floyd’s death descended into violence, with looters setting fire to businesses while police and national guardsmen in riot gear fired tear gas and rubber bullets and clashed with protesters, as well as members of the media covering the demonstrations.”— Reuters’ Stephen Culp: “The S&P 500 lost ground on Thursday as investors took profits in advance of Friday’s jobs report, ending a four-day rally driven by rising economic sentiment.
"Such mini-, ultimately futile rallies were regular occurrences during the Great Depression, and they’ve been recurring in some of the most recent downturns. They’ve happened often enough that Wall Street has a name for them: bear market rallies.”— Bloomberg’s Davide Scigliuzzo: “Bankers have a message for America’s debt-laden companies: raise money now, because things could get a lot worse.
"The ECB measures announced Thursday aim to keep affordable credit flowing to the economy amid uncertainty about the speed of any recovery following the easing of lockdowns across Europe.”— WSJ’s Anne Tergesen and Alice Uribe: “For decades, governments have used the tax code to prod people to set money aside for old age. Faced with a pandemic that has upended businesses and lives, lawmakers are making it easier for people to raid these accounts.
Another irresponsible speculative and amateurish piece of FakeNews by .
Oooops! Did somebody at Politico lose their job over this?🙄🙄
All of your hopes and dreams dashed by good economic numbers and Trump kicking your ass...
FakeNews
Here's a tip for you since you asked Try to do a little research B 4 you publish anything anywhere. SSShheeeeesh you have to retract in a half-hour? Seriously who ARE you hiring?
How disappointing for you that the country is actually doing better than you gleefully hoped it wouldn't. It's ok to root for good and for recovery. It's ok to be American and want good for our people - all people.
Just like the MSM gleefully predicting doom & gloom. They did update the story (👏), but spent the rest of the time trying to put it in the context of Orange-Man-Bad. MakeJournalismGreatAgain
Seriously I know it's just prediction but how are you people that bad at your job you were not even in the ballpark
How’d you like eating that crap?
This didn’t age well...fasttttt😂🇺🇸
How to be embarrassed in 3, 2, 1.
This post aged well....
This was Politico’s tweet 15 minutes before the actual jobs report this morning showing 2.5 million NEW jobs and a decline in the unemployment rate. Boy, were these media kids sorely disappointed! 😂😂😂😂😂😂😂
Politico, do you ever get tired of being wrong?
Sorry you were disappointed. I know you would love the American people to suffer so much that they would turn on Trump. Your ideology Trumps decency and patriotism. All of you are rotten to the core.
Once again trying to push DNC narratives Politico ends up looking like fools.
Welcome to Politico, where people explain to you tomorrow why their predictions from yesterday did not come true today.
Only took about 15 minutes for this tweet to age badly.... Hacks.
You wish.
FakeNews Why are you still in business? Buffoons.
Lol...you guys are frigging geniuses
Who are the 'consensus'?
Nice tweet I'm sorry this is happening to you. Who am I kidding, no I'm not. 😂😂😂😂
Man, what happened? Whoopsie.
This Tweet did not age well. Delete your account and layoff more reporters. FskeNews DisappointedThatThingsAreGettingBetterArentYou
This is why I have a policy of no Politico retweets regardless of how bad the tweet is. AmericaFirst
Well...that was bullshitico politico
Clowns.... Fakenews at their best.
WRONG YOU ARE GARBAGE
Sorry to shove a pin into your bias balloon, ! And we know you morons looked forward to a day of giddiness over more negative economic news! With 2.5 million jobs added in May, the nation's recovery from baseless shutdown is off to a gangbusters start! Good for America!
Wow. You got this as wrong as, well, absolutely everything else you've gotten wrong for the past 3 and half years. Points for consistency, I guess.
I bet you’re unhappy about the actual numbers aren’t you.
I bet you just loved writing this tweet, hopefully you are eating your words.
Good call...losers
So sorry to disappoint all your reader. Maybe hire better economists?
It did not turn out exactly as you predicted. Good news for America 🙂 Trump2020Landslide
Politico wished for bad numbers to hurt Trump. They were wrong again.
How do you sleep at night?
Why couldn't you just wait for the actual report to be released? Oh that's right; anything that makes Trump look bad is fair- even misinformation.
Welp got that wrong. Great job
Hahahahaha....You Liberal idiots!
That’s embarrassing.
Well you tried.
Haha maybe you should delete that tweet you liberal hacks and propaganda monkeys
How can you be so horribly wrong? Don't even try to project anything ever again. You're terrible at it. You were wrong by over 10 million jobs!! FakeNews
This didn’t age well— in only a half hour.
What a stupid tweet!
Real bad take.
I feel horrible for all the people that have lost their income and possibly their health insurance, too. This is the time for strong united leadership, but sadly we have anything but that.
You sound gleeful
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