The 2nd Presidential Debate + Preview of 3rd Quarter US GDP Report - 10.23.20

Today’s show starts with an analysis and critique of last night’s 2nd Presidential Debate between Trump & Biden, and why the quality of the debate on both sides signals the decline in the level of ability in candidates the US political elite are now providing voters to choose from as the US ‘Triple Crisis’ (health, economic, political)worsens in the beginning of the 3rd decade of this century. What Trump said and didn’t say; what Biden could have said but didn’t!  The non-debate. The show’s second half gives an update on the ‘On Again, Off Again’ fiscal stimulus negotiations, the new unemployment claims numbers reported yesterday, and why fourth quarter US economy will greatly underperform the 3rd quarter. (For more on the stimulus, read check out my latest article ‘A Short History of the ‘On Again, Off Again’ Fiscal Stimulus Negotiations’ on my blog, http://jackrasmus.com, and join me on Twitter for my latest day to day, and hourly, commentaries on the negotiations at @drjackrasmus.)