Up You Go! Goldman Sachs Predicts 8% American Economic Growth

“We have raised our GDP forecast to reflect the latest fiscal policy news and now expect 8% growth in 2021 (Q4/Q4) and an unemployment rate of 4% at end-2021 — the lowest among consensus forecasts—that falls to 3.5% in 2022 and 3.2% in 2023.”

The la$t time U.$. GDP hit 8% growth wa$ in 1951.

The la$t time U.$. GDP hit 8% growth wa$ in 1951.

The last time U.S. GDP hit 8% growth was in 1951.

(Just wanna’ make sure you see it CLEARLY.)

https://www.msn.com/en-us/money/markets/bidens-stimulus-will-lift-us-growth-to-8-this-year-goldman-sachs-says-without-factoring-in-another-2-trillion-spending-package/ar-BB1eBQrg

• Goldman Sachs lifted its 2021 US growth forecast to 8% from 7.7%, citing new stimulus for the boost.
• The bank also expects Biden and Democrats to pass at least $2 trillion in infrastructure spending.
• That sum could hit $4 trillion if the deal includes education, child-care, and health-care spending.

Goldman Sachs joined its Wall Street peers in revising its US economic outlook on Saturday, pegging an increasingly bullish forecast to Democrats’ latest stimulus package.

The team led by Jan Hatzius now expects US gross domestic product to grow 8% in 2021 on a fourth-quarter-to-fourth-quarter basis, according to a note published Saturday. That’s up from the previous estimate of 7.7%. The bank’s full-year growth estimate climbed to 7% from 6.9%.

The current-year projection largely hinges on President Joe Biden’s stimulus plan, as Goldman had initially expected a $1.5 trillion deal to reach Biden’s desk. The $1.9 trillion plan signed by the president on Thursday will accelerate the nation’s economic recovery through

America Could Have Done This… But No.

“I love the poorly educated!,” he exclaimed during his campaign.

But of course he does.

Why?

Stupid people are easily fooled.

---

Switzerland Halves New Infections Without National Lockdown As Pubs And Restaurants Stay Open

By Justin Huggler Berlin
30 November 2020 • 4:05pm

---

Switzerland is emerging as a model for how the coronavirus can be contained without a national lockdown, after daily new infections halved since the start of November despite pubs, restaurants, gyms and sports remaining open in much of the country.

The figures were hailed as a triumph for the “Swiss special way” by Swiss government doctors last week, and will be seen as evidence that regional tiers can work in the UK.

Rather than ordering a general lockdown, Switzerland allowed regions to decide their own measures and only the worst-hit imposed tough restrictions. But critics have charged that the success came at too high a price, after the country experienced some of the highest death rates in Europe.

Switzerland has been described as

Jared Kushner Is A Wretched Human Being

Poor little rich boy.

Grew up with a silver spoon in his mouth.

Everything he’s ever had has been handed to him on a sliver platter.

Never had to work for anything in his life.

Probably never had any callouses on his hands, or feet, or anywhere else on his body.

Except maybe on his heart.

Never had to earn his living by the sweat of his brow.

Probably never sweated at all… except in his private sauna.

Not that we could

Baltimore, Maryland Nursing Home Has Had ZERO COVID-19 Cases

Quite a feat, eh!?!

Amidst the turmoil, cacophony, and carnage STILL being caused by COVID-19, there stands ONE SHINING EXAMPLE of EVERYTHING that was and is being DONE RIGHT!!

“Established in 1920, the Maryland Baptist Aged Home is the oldest African-American owned and operated Nursing Home in the state of Maryland. It is governed by the Board of Trustees of the United Baptist Missionary Convention. The MBAH is a non-profit 501(c)(3) 29-bed facility providing short and long term care to all residents without regard to race, color, sex, religion or national origin. Residents served by MBAH enjoy a family oriented setting. We take a proactive approach to the development and execution of individualized resident care. We provide multi-disciplinary team approach with emphasis on respect, compassion and professionalism.”

So, now with well over 3.1 million COVID-19 cases, and untold numbers of deaths STILL occurring, in the United States from infection with COVID-19, how did they do it?

For that, we have to turn to the facility Director and CFO, Reverend Dr. Derrick C. DeWitt Sr.

The Rev. Dr. DeWitt was interviewed by Amna Nawaz of the PBS NewsHour program recently, and shared about how he accomplished such a feat.

---

Amna Nawaz: So, everyone knows the numbers, right? When you look at COVID deaths in long-term care facilities around the country, they make up some 40 percent of all COVID deaths in the nation. In Maryland, I think the number is over 60 percent. How did you beat the odds?

Rev. Derrick DeWitt: Well, I think the key was early, early mitigation, early proactive steps to make sure that this disease did not enter into our nursing home.

And one of the things that I did was, I just listened to the news around the world and how this was affecting other countries. And then, when I heard — when I heard the president say, we only had 15 cases, and he thought that, by the end of the week, it would be zero. I knew that it was time that we take action.

“And again, when you have 15 people, and the 15 within a couple of days is going to be down to close to zero, that’s a pretty good job we’ve done.”
– Donald J. Trump
Remarks by President Trump, Vice President Pence, and Members of the Coronavirus Task Force in Press Conference; James S. Brady Press Briefing Room; February 26, 2020; 6:37 P.M. EST

Amna Nawaz: I don’t want to put words in your mouth, but it sounds like you basically didn’t believe the president and took early action to lock down. Is that correct?

Rev. Derrick DeWitt: Well, that’s correct, in a sense. I mean, I think us being in an underprivileged and underserved area of Baltimore City, we have kind of gotten used to the fact that, if help is going to come, it’s probably going to come too late, so we need to be prepared to take care of ourselves.

Amna Nawaz: So, tell me a little bit about what exactly you did. When you say you acted early, what steps did you put into place back in February?

Rev. Derrick DeWitt: Well, the first thing we did, probably very end of February, 1st of March, we locked down the facility. We allowed no visitors in or out.

We knew that, if the disease was going to get into the nursing home, it was going to come from the outside. And probably it was going to be an employee that brought it in.

So, we have a very rigorous screening process when they come to work. And it’s almost an hour-to-hour detail on what you did the 12 hours or 14 hours that you weren’t at work. Who did you see? Who were you with? We