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Originally Posted by 2MuchMark
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I saw this being reported earlier in the week, but as others have said it's largely due to the hurricanes. We've had 2 large scale disasters with-in 2 months and another hurricane is hitting a 3rd area right at this moment. When you have major flooding and power outages for extended periods businesses close and people lose jobs.
The important thing is will the jobs rebound. Up till now the growth has been riding on Obama's economy. Now will be the tale tale sign if Trump is a Chump or can actually do something other than lie..
We will have to wait 2 to 3 months to see how it all pans out.. My guess is it will slowly come back on it's own but there will be an overall job loss that will take a year or so to recover from. That's if Trump does nothing at all to wreck the economy like start a fucking war or something..
For the record here in Florida it's still flooding. Since the hurricane it's rained everyday and rivers are all backed up to their breaking points. Where my mom is at, it's still in danger of flooding over a month after the hurricane hit. Where my dad is at the St Johns river floods into some roads every time it rains because the water is so high already there is no where for it to go.
With that said, it's not like a danger of flash flooding where dams break or anything like that. We don't have that here, but rather the water just keeps creeping up and up until it floods a area. Down at the lakes that make up parts of the river, all the docks that don't float are completely under water by several feet.